Investors Holding Back On Success Transformer Corporation Berhad (KLSE:SUCCESS)
Apr 04
Malaysian (KLSE) Electrical Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies15
- 7D3.6%
- 3M47.9%
- 1Y42.8%
- YTD55.9%
In the last week, the Electrical industry is up 3.6%, with Master Tec Group Berhad up 21%. In the last 12 months, the industry was up 43%. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Malaysian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | RM8.0b | RM9.3b | RM195.3m | 24.6x | 40.8x | 0.9x |
| Tue, 16 Apr 2024 | RM6.5b | RM9.4b | RM201.8m | 18x | 32x | 0.7x |
| Thu, 14 Mar 2024 | RM5.7b | RM9.4b | RM205.7m | 17.4x | 27.9x | 0.6x |
| Sat, 10 Feb 2024 | RM5.2b | RM9.5b | RM180.0m | 17.2x | 28.7x | 0.5x |
| Mon, 08 Jan 2024 | RM4.8b | RM9.1b | RM158.0m | 16.7x | 30.3x | 0.5x |
| Wed, 06 Dec 2023 | RM4.5b | RM9.1b | RM156.2m | 15.6x | 28.7x | 0.5x |
| Fri, 03 Nov 2023 | RM4.6b | RM8.6b | RM146.2m | 16.5x | 31.2x | 0.5x |
| Sun, 01 Oct 2023 | RM4.6b | RM8.6b | RM146.2m | 15.8x | 31.4x | 0.5x |
| Tue, 29 Aug 2023 | RM4.5b | RM8.6b | RM197.8m | 15.1x | 22.8x | 0.5x |
| Thu, 27 Jul 2023 | RM4.5b | RM8.5b | RM196.9m | 15.5x | 23.1x | 0.5x |
| Sat, 24 Jun 2023 | RM4.4b | RM8.5b | RM198.2m | 14.8x | 22.3x | 0.5x |
| Mon, 22 May 2023 | RM4.5b | RM8.4b | RM212.9m | 16.5x | 21.3x | 0.5x |
| Wed, 19 Apr 2023 | RM4.7b | RM8.3b | RM217.2m | 17.6x | 21.7x | 0.6x |
| Fri, 17 Mar 2023 | RM4.5b | RM8.3b | RM194.5m | 16.2x | 23.1x | 0.5x |
| Sun, 12 Feb 2023 | RM4.8b | RM8.4b | RM195.7m | 19.9x | 24.7x | 0.6x |
| Tue, 10 Jan 2023 | RM4.2b | RM8.4b | RM199.3m | 19x | 21.2x | 0.5x |
| Thu, 08 Dec 2022 | RM4.0b | RM8.3b | RM189.6m | 15.6x | 21.3x | 0.5x |
| Sat, 05 Nov 2022 | RM3.9b | RM7.9b | RM174.9m | 12.5x | 22.4x | 0.5x |
| Mon, 03 Oct 2022 | RM3.9b | RM7.9b | RM175.2m | 13.7x | 22.4x | 0.5x |
| Wed, 31 Aug 2022 | RM4.1b | RM7.5b | RM104.0m | 18.8x | 39.4x | 0.5x |
| Fri, 29 Jul 2022 | RM4.1b | RM7.9b | RM60.4m | 19.3x | 68.1x | 0.5x |
| Sun, 26 Jun 2022 | RM3.9b | RM7.7b | RM38.3m | 18x | 101.8x | 0.5x |
| Tue, 24 May 2022 | RM4.1b | RM7.3b | RM27.6m | 18x | 148.3x | 0.6x |
| Thu, 21 Apr 2022 | RM4.4b | RM7.3b | RM18.8m | 19.1x | 231.5x | 0.6x |
| Sat, 19 Mar 2022 | RM4.2b | RM7.3b | RM15.4m | 18.6x | 269.2x | 0.6x |
| Mon, 14 Feb 2022 | RM4.9b | RM6.7b | RM22.2m | 23.8x | 222.5x | 0.7x |
| Wed, 12 Jan 2022 | RM5.3b | RM6.7b | RM22.2m | 22.5x | 240.8x | 0.8x |
| Fri, 10 Dec 2021 | RM5.3b | RM6.7b | RM21.6m | 22.6x | 246.7x | 0.8x |
| Sun, 07 Nov 2021 | RM5.8b | RM6.5b | RM61.6m | 20.8x | 93.8x | 0.9x |
| Tue, 05 Oct 2021 | RM5.4b | RM6.5b | RM61.4m | 19.2x | 88.3x | 0.8x |
| Thu, 02 Sep 2021 | RM5.3b | RM5.8b | RM99.2m | 23.1x | 53.1x | 0.9x |
| Sat, 31 Jul 2021 | RM5.0b | RM5.8b | RM99.2m | 24.7x | 50.2x | 0.9x |
Price to Earnings Ratio
59.9x
Current Industry PE
- Investors are pessimistic on the Malaysian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 40.8x which is lower than its 3-year average PE of 71.6x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Industrials industry?
| MY Market | 1.94% | |
| Industrials | 2.20% | |
| Electrical | 3.62% | |
| Electrical Components | 3.75% | |
| Heavy Electrical Equipment | 0% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 58.8x.
- Analysts are expecting annual earnings growth of 20.5%, which is higher than its past year's earnings decline of 3.9% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 3.9% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 5.8% 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 | |
|---|---|---|---|---|---|
| MTEC Master Tec Group Berhad | RM1.39 | 20.9% +RM244.8m | n/a | PE60.3x | |
| SCOMNET Supercomnet Technologies Berhad | RM1.64 | 7.2% +RM90.8m | 25.2% | PE46.6x | |
| SCGBHD Southern Cable Group Berhad | RM0.63 | 1.6% +RM8.0m | 110.0% | PE17.1x | |
| SCABLE Sarawak Cable Berhad | RM0.16 | 14.3% +RM8.0m | 113.3% | PS0.2x | |
| TRIVE Trive Property Group Berhad | RM0.055 | 10.0% +RM6.3m | -21.4% | PS9.7x |