Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09
Malaysian (KLSE) Electronic Equipment and Instruments Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies8
- 7D1.8%
- 3M9.8%
- 1Y43.6%
- YTDn/a
Last week, the Electronic Equipment and Instruments industry hasn't moved much but QES Group Berhad is up 4.7% in that time. As for the the longer term, the industry is up 40% over the past 12 months. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Malaysian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | RM3.6b | RM951.9m | RM97.8m | 34x | 36.4x | 3.7x |
| Mon, 15 Apr 2024 | RM3.3b | RM951.9m | RM97.9m | 31.5x | 34.2x | 3.5x |
| Wed, 13 Mar 2024 | RM3.4b | RM951.9m | RM97.9m | 30.7x | 34.5x | 3.5x |
| Fri, 09 Feb 2024 | RM3.1b | RM943.5m | RM33.2m | 26.8x | 92.1x | 3.2x |
| Sun, 07 Jan 2024 | RM3.0b | RM943.5m | RM33.2m | 26.3x | 89.8x | 3.2x |
| Tue, 05 Dec 2023 | RM2.8b | RM943.5m | RM33.2m | 24.7x | 85x | 3x |
| Thu, 02 Nov 2023 | RM2.9b | RM946.2m | RM35.8m | 32.8x | 80.3x | 3x |
| Sat, 30 Sep 2023 | RM2.9b | RM946.2m | RM35.8m | 33.6x | 81.7x | 3.1x |
| Mon, 28 Aug 2023 | RM2.5b | RM897.5m | RM24.0m | 22.8x | 104.7x | 2.8x |
| Wed, 26 Jul 2023 | RM2.4b | RM871.8m | RM15.5m | 25.2x | 158x | 2.8x |
| Fri, 23 Jun 2023 | RM2.4b | RM871.8m | RM15.5m | 23.5x | 155.7x | 2.8x |
| Sun, 21 May 2023 | RM2.4b | RM839.0m | RM6.2m | 18.2x | 386.1x | 2.9x |
| Tue, 18 Apr 2023 | RM2.5b | RM833.6m | -RM771,261.00 | 19.1x | -3229.8x | 3x |
| Thu, 16 Mar 2023 | RM2.4b | RM833.6m | -RM771,261.00 | 18.8x | -3159.4x | 2.9x |
| Sat, 11 Feb 2023 | RM2.7b | RM1.0b | RM50.5m | 19.7x | 53.6x | 2.6x |
| Mon, 09 Jan 2023 | RM2.6b | RM1.0b | RM50.5m | 19.2x | 51.5x | 2.5x |
| Wed, 07 Dec 2022 | RM1.1b | RM936.5m | RM15.5m | 17.3x | 71.2x | 1.2x |
| Fri, 04 Nov 2022 | RM818.7m | RM901.6m | RM4.8m | 18.9x | 169.1x | 0.9x |
| Sun, 02 Oct 2022 | RM739.1m | RM901.6m | RM4.8m | 19.3x | 152.7x | 0.8x |
| Tue, 30 Aug 2022 | RM826.0m | RM905.0m | RM3.9m | 18.1x | 212.1x | 0.9x |
| Thu, 28 Jul 2022 | RM848.2m | RM920.9m | RM6.8m | 24.2x | 125.2x | 0.9x |
| Sat, 25 Jun 2022 | RM846.0m | RM920.9m | RM6.8m | 22.7x | 124.8x | 0.9x |
| Mon, 23 May 2022 | RM984.9m | RM913.2m | RM15.0m | 28.2x | 65.6x | 1.1x |
| Wed, 20 Apr 2022 | RM1.0b | RM898.9m | RM14.3m | 25x | 70.7x | 1.1x |
| Fri, 18 Mar 2022 | RM969.9m | RM898.9m | RM14.3m | 22.8x | 68x | 1.1x |
| Sun, 13 Feb 2022 | RM1.1b | RM619.6m | -RM16,957,232.00 | 28.3x | -67.2x | 1.8x |
| Tue, 11 Jan 2022 | RM1.3b | RM619.6m | -RM16,957,232.00 | 31.6x | -75.9x | 2.1x |
| Thu, 09 Dec 2021 | RM1.2b | RM619.6m | -RM16,957,232.00 | 30.2x | -70.8x | 1.9x |
| Sat, 06 Nov 2021 | RM1.4b | RM575.0m | -RM7,570,078.00 | 33.6x | -185x | 2.4x |
| Mon, 04 Oct 2021 | RM1.5b | RM575.0m | -RM7,570,078.00 | 34.2x | -199.2x | 2.6x |
| Wed, 01 Sep 2021 | RM1.6b | RM557.2m | -RM11,263,383.00 | 41.7x | -137.9x | 2.8x |
| Thu, 08 Jul 2021 | RM1.7b | RM557.2m | -RM11,263,383.00 | 40.8x | -154.8x | 3.1x |
Price to Earnings Ratio
-246.7x
Current Industry PE
- Investors are optimistic on the Malaysian Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of -846x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- Total earnings for the Electronic Equipment and Instruments industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 23% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Malaysian Electronic Equipment and Instruments compare with similar industries?
| MY Market | 1.94% | |
| Tech | 7.13% | |
| Electronic Equipment and Components | 6.09% | |
| Electronic Equipment and Instruments | 1.77% | |
| Electronic Components | 14.59% | |
| Electronic Manufacturing Services | 5.93% | |
| Technology Distributors | 4.26% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ITMAX ITMAX System Berhad | RM2.33 | 1.7% +RM41.2m | 62.9% | PE37.9x | |
| QES QES Group Berhad | RM0.67 | 3.1% +RM16.7m | 24.3% | PE30x | |
| K1 K-One Technology Berhad | RM0.16 | 6.7% +RM8.3m | 0% | PE379.3x | |
| IQGROUP IQ Group Holdings Berhad | RM0.84 | 7.0% +RM4.8m | 0.6% | PE17.8x | |
| ITRONIC Industronics Berhad | RM0.05 | 11.1% +RM3.5m | 0% | PS1x |