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Malaysian (KLSE) Steel Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies22
  • 7D2.1%
  • 3M6.5%
  • 1Y7.3%
  • YTDn/a

The Steel industry has gained 2.1% in the last week and Prestar Resources Berhad up 11%. This takes the industry's 12 month performance to a gain of 7.3%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Malaysian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024RM5.8bRM18.1b-RM171,049,486.0011.3x-34x0.3x
Tue, 16 Apr 2024RM5.7bRM18.1b-RM172,933,608.0010.3x-32.9x0.3x
Thu, 14 Mar 2024RM5.4bRM18.0b-RM171,946,608.009.9x-31.3x0.3x
Sat, 10 Feb 2024RM5.4bRM18.3b-RM264,865,399.0011.5x-20.5x0.3x
Mon, 08 Jan 2024RM6.1bRM18.3b-RM251,354,399.0011.9x-24.4x0.3x
Wed, 06 Dec 2023RM5.9bRM18.3b-RM291,062,399.0013.1x-20.3x0.3x
Fri, 03 Nov 2023RM5.8bRM18.4b-RM529,513,748.0018.3x-10.9x0.3x
Sun, 01 Oct 2023RM6.0bRM18.4b-RM526,935,748.0019.1x-11.4x0.3x
Tue, 29 Aug 2023RM5.9bRM18.6b-RM474,482,560.0032.1x-12.5x0.3x
Thu, 27 Jul 2023RM5.5bRM19.0b-RM418,755,557.0034.8x-13.1x0.3x
Sat, 24 Jun 2023RM5.2bRM19.1b-RM416,979,459.0022.6x-12.4x0.3x
Mon, 22 May 2023RM5.3bRM19.5b-RM264,026,603.0015.4x-20.2x0.3x
Wed, 19 Apr 2023RM5.5bRM19.6b-RM265,327,794.0011.4x-20.9x0.3x
Fri, 17 Mar 2023RM5.3bRM19.6b-RM259,507,794.0010.8x-20.5x0.3x
Sun, 12 Feb 2023RM6.0bRM20.2bRM849.4m6.1x7.1x0.3x
Tue, 10 Jan 2023RM5.5bRM20.1bRM835.1m6.3x6.6x0.3x
Thu, 08 Dec 2022RM5.4bRM20.2bRM955.3m5.5x5.7x0.3x
Sat, 05 Nov 2022RM4.5bRM18.9bRM1.4b3.7x3.2x0.2x
Mon, 03 Oct 2022RM4.4bRM18.8bRM1.4b4x3.1x0.2x
Wed, 31 Aug 2022RM4.8bRM18.2bRM1.5b3.9x3.2x0.3x
Fri, 29 Jul 2022RM4.8bRM17.5bRM1.6b3.7x3.1x0.3x
Sun, 26 Jun 2022RM4.8bRM17.4bRM1.6b3.6x3x0.3x
Tue, 24 May 2022RM5.9bRM17.1bRM1.7b3.3x3.4x0.3x
Thu, 21 Apr 2022RM6.6bRM16.9bRM1.7b3.9x3.9x0.4x
Sat, 19 Mar 2022RM5.9bRM17.0bRM1.7b3.6x3.4x0.3x
Mon, 14 Feb 2022RM6.5bRM15.9bRM1.3b5.3x4.8x0.4x
Wed, 12 Jan 2022RM6.0bRM15.9bRM1.3b4.9x4.5x0.4x
Fri, 10 Dec 2021RM5.7bRM15.7bRM1.3b5.1x4.5x0.4x
Sun, 07 Nov 2021RM6.4bRM16.0bRM1.0b6.4x6.3x0.4x
Tue, 05 Oct 2021RM6.3bRM16.0bRM1.0b6.1x6.2x0.4x
Thu, 02 Sep 2021RM7.1bRM15.7bRM703.0m8.1x10.1x0.5x
Sat, 31 Jul 2021RM6.4bRM15.7bRM703.0m7.7x9.1x0.4x
Price to Earnings Ratio

16.3x


Total Market Cap: RM6.7bTotal Earnings: RM410.0mTotal Revenue: RM14.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Steel Industry Price to Earnings3Y Average -4.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Malaysian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Malaysian Steel compare with similar industries?

MY Market1.94%
Materials0.36%
Metals and Mining-1.26%
Steel2.11%
Diversified Metals and Mining2.49%
Gold1.75%
Copper0%
Precious Metals and Minerals0%
Silver0%
Aluminum-1.90%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PRESTAR Prestar Resources BerhadRM0.5710.7%
+RM19.7m
37.3%PE7.9x
SSTEEL Southern Steel BerhadRM0.605.3%
+RM17.9m
13.2%PS0.2x
PANTECH Pantech Group Holdings BerhadRM1.091.9%
+RM16.6m
44.4%PE8.6x
LEFORM Leform BerhadRM0.176.5%
+RM14.8m
-25.0%PS0.7x
CSCSTEL CSC Steel Holdings BerhadRM1.512.0%
+RM11.1m
31.3%PE11.3x
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Latest News

SMI

RM0.41

South Malaysia Industries Berhad

7D

-1.2%

1Y

-42.0%

SSTEEL

RM0.60

Southern Steel Berhad

7D

5.3%

1Y

13.2%

PRESTAR

RM0.57

Prestar Resources Berhad

7D

10.7%

1Y

37.3%

KSSC

RM1.08

K. Seng Seng Corporation Berhad

7D

6.9%

1Y

-19.4%

LEFORM

RM0.17

Leform Berhad

7D

6.5%

1Y

-25.0%

MASTEEL

RM0.32

Malaysia Steel Works (KL) Bhd

7D

3.2%

1Y

1.6%

PANTECH

RM1.09

Pantech Group Holdings Berhad

7D

1.9%

1Y

44.4%

MAYU

RM0.30

Mayu Global Group Berhad

7D

-1.6%

1Y

5.3%