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Malaysian (KLSE) Commercial Services Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies27
- 7D-2.1%
- 3M11.9%
- 1Y25.1%
- YTD19.9%
In the last week, the Commercial Services industry is flat overall, with Frontken Corporation Berhad standing out by going down 3.6%. The past year has been better, since the industry has gained 28% in that time. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Malaysian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | RM13.0b | RM3.5b | RM9.5m | 17.2x | 1367.8x | 3.7x |
| Fri, 26 Apr 2024 | RM12.1b | RM3.4b | -RM2,926,012.00 | 18.2x | -4143x | 3.6x |
| Sun, 24 Mar 2024 | RM12.1b | RM3.4b | -RM2,871,496.00 | 15.3x | -4202.3x | 3.6x |
| Tue, 20 Feb 2024 | RM11.3b | RM4.3b | RM78.1m | 21.2x | 144.8x | 2.6x |
| Thu, 18 Jan 2024 | RM11.1b | RM4.5b | RM44.5m | 20.7x | 248.7x | 2.5x |
| Sat, 16 Dec 2023 | RM11.0b | RM4.5b | RM44.5m | 22.2x | 246.5x | 2.5x |
| Mon, 13 Nov 2023 | RM11.0b | RM4.6b | RM94.9m | 21.1x | 116x | 2.4x |
| Wed, 11 Oct 2023 | RM10.6b | RM4.6b | RM103.5m | 20.7x | 102.1x | 2.3x |
| Fri, 08 Sep 2023 | RM10.7b | RM4.6b | RM105.4m | 21.1x | 101.7x | 2.3x |
| Sun, 06 Aug 2023 | RM10.7b | RM4.6b | RM102.1m | 18.4x | 104.6x | 2.3x |
| Tue, 04 Jul 2023 | RM10.0b | RM4.6b | RM298.7m | 18.3x | 33.4x | 2.2x |
| Thu, 01 Jun 2023 | RM9.8b | RM4.6b | RM293.5m | 19.4x | 33.3x | 2.1x |
| Sat, 29 Apr 2023 | RM9.9b | RM4.6b | RM308.1m | 15.5x | 32.2x | 2.2x |
| Mon, 27 Mar 2023 | RM9.8b | RM4.6b | RM317.5m | 13.4x | 30.9x | 2.1x |
| Wed, 22 Feb 2023 | RM11.1b | RM4.6b | RM381.3m | 16.7x | 29.1x | 2.4x |
| Fri, 20 Jan 2023 | RM10.8b | RM4.6b | RM379.7m | 15x | 28.3x | 2.3x |
| Sun, 18 Dec 2022 | RM10.3b | RM4.6b | RM399.5m | 14.6x | 25.7x | 2.2x |
| Tue, 15 Nov 2022 | RM8.6b | RM4.5b | RM467.6m | 12.8x | 18.4x | 1.9x |
| Thu, 13 Oct 2022 | RM7.9b | RM4.5b | RM460.2m | 12x | 17.2x | 1.8x |
| Sat, 10 Sep 2022 | RM8.3b | RM4.5b | RM465.3m | 12.9x | 17.9x | 1.9x |
| Mon, 08 Aug 2022 | RM8.5b | RM4.3b | RM430.5m | 12.7x | 19.7x | 2x |
| Wed, 06 Jul 2022 | RM7.2b | RM4.2b | RM416.7m | 10.9x | 17.4x | 1.7x |
| Fri, 03 Jun 2022 | RM8.6b | RM4.2b | RM424.8m | 12x | 20.2x | 2x |
| Sun, 01 May 2022 | RM9.0b | RM4.1b | RM405.8m | 12.5x | 22.1x | 2.2x |
| Tue, 29 Mar 2022 | RM9.5b | RM4.1b | RM406.1m | 12.5x | 23.3x | 2.3x |
| Thu, 24 Feb 2022 | RM9.7b | RM4.0b | RM320.6m | 14.2x | 30.3x | 2.4x |
| Sat, 22 Jan 2022 | RM9.9b | RM4.0b | RM310.6m | 12.9x | 31.7x | 2.5x |
| Mon, 20 Dec 2021 | RM11.1b | RM4.0b | RM309.0m | 13.6x | 35.9x | 2.8x |
| Wed, 17 Nov 2021 | RM11.6b | RM4.0b | RM261.5m | 20.9x | 44.5x | 2.9x |
| Fri, 15 Oct 2021 | RM11.1b | RM4.0b | RM251.7m | 21.2x | 44.1x | 2.8x |
| Sun, 12 Sep 2021 | RM10.9b | RM3.9b | RM279.4m | 22.5x | 39.2x | 2.8x |
| Tue, 10 Aug 2021 | RM10.4b | RM3.9b | RM276.7m | 22.4x | 37.4x | 2.6x |
Price to Earnings Ratio
44.6x
Current Industry PE
- Investors are optimistic on the Malaysian Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of -73.5x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 66% per year over the last three years,
- Revenues have also declined 2.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | -0.47% | |
| Industrials | 1.03% | |
| Commercial Services | -2.14% | |
| Environmental and Facilities Services | 0.38% | |
| Security and Alarm Services | 0% | |
| Office Services and Supplies | -0.15% | |
| Commercial Printing | -2.08% | |
| Diversified Support Services | -3.58% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 47.9x.
- Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 1.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 72% over the next 5 years.
- This is better than its past earnings growth rate of 8.4% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 2.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GFM GFM Services Berhad | RM0.41 | 2.5% +RM7.6m | 124.3% | PE10.6x | |
| TAFI TAFI Industries Berhad | RM0.59 | 3.5% +RM7.6m | -3.3% | PE305.9x | |
| EURO Euro Holdings Berhad | RM0.085 | 6.3% +RM6.4m | 0% | PS0.7x | |
| UNIQUE Unique Fire Holdings Berhad | RM0.32 | 4.9% +RM6.0m | 60.0% | PE17.2x | |
| DAY3 Daythree Digital Berhad | RM0.36 | 2.9% +RM4.8m | n/a | PE22.8x |
