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Malaysian (KLSE) Market Analysis & Valuation

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies979
  • 7D-0.2%
  • 3M8.1%
  • 1Y21.1%
  • YTD13.9%

The market has stayed flat over the 7 days. Meanwhile, the market is actually up 21% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasSoftware

Market Valuation and Performance

Has the Malaysian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024RM2.0tRM1.2tRM104.7b17.5x19.1x1.6x
Fri, 17 May 2024RM2.0tRM1.2tRM100.0b17.3x19.7x1.6x
Sun, 14 Apr 2024RM1.9tRM1.2tRM99.6b16.5x18.9x1.6x
Tue, 12 Mar 2024RM1.8tRM1.2tRM99.4b15.8x18.4x1.5x
Thu, 08 Feb 2024RM1.8tRM1.2tRM83.0b15.4x21.7x1.5x
Sat, 06 Jan 2024RM1.8tRM1.2tRM82.8b15.8x21.8x1.5x
Mon, 04 Dec 2023RM1.7tRM1.2tRM82.7b15x21x1.4x
Wed, 01 Nov 2023RM1.7tRM1.2tRM79.5b15.4x21.7x1.4x
Fri, 29 Sep 2023RM1.7tRM1.2tRM79.7b15.7x21.7x1.4x
Sun, 27 Aug 2023RM1.7tRM1.2tRM80.5b15.2x21.4x1.4x
Tue, 25 Jul 2023RM1.7tRM1.2tRM82.6b14.2x20.5x1.4x
Thu, 22 Jun 2023RM1.6tRM1.2tRM82.6b13.6x19.9x1.3x
Sat, 20 May 2023RM1.7tRM1.4tRM125.5b13.3x13.4x1.2x
Mon, 17 Apr 2023RM1.7tRM1.2tRM119.0b13.4x14.2x1.4x
Wed, 15 Mar 2023RM1.6tRM1.2tRM119.1b13.5x13.7x1.3x
Fri, 10 Feb 2023RM1.7tRM1.2tRM138.6b13.5x12.4x1.4x
Sun, 08 Jan 2023RM1.7tRM1.2tRM138.6b13.1x12.2x1.4x
Tue, 06 Dec 2022RM1.7tRM1.2tRM138.9b13x12.1x1.4x
Thu, 03 Nov 2022RM1.6tRM1.6tRM160.3b13.4x10.1x1x
Sat, 01 Oct 2022RM1.6tRM1.1tRM135.7b13.4x11.5x1.4x
Mon, 29 Aug 2022RM1.7tRM1.1tRM134.2b13.9x12.4x1.5x
Wed, 27 Jul 2022RM1.6tRM1.1tRM101.0b14x16x1.5x
Fri, 24 Jun 2022RM1.6tRM1.1tRM100.5b14.1x15.8x1.5x
Sun, 22 May 2022RM1.7tRM1.0tRM95.7b15.4x18x1.7x
Tue, 19 Apr 2022RM1.8tRM1.0tRM98.4b15.4x17.9x1.7x
Thu, 17 Mar 2022RM1.7tRM1.0tRM96.8b14.5x17.8x1.7x
Sat, 12 Feb 2022RM1.8tRM996.0bRM93.3b15.8x18.9x1.8x
Mon, 10 Jan 2022RM1.7tRM992.2bRM93.5b16x18.7x1.8x
Wed, 08 Dec 2021RM1.7tRM998.0bRM97.1b14.8x17.3x1.7x
Fri, 05 Nov 2021RM1.8tRM985.2bRM93.6b15.9x18.9x1.8x
Sun, 03 Oct 2021RM1.7tRM984.7bRM93.5b15.5x18.7x1.8x
Tue, 31 Aug 2021RM1.8tRM982.3bRM95.7b16.4x18.7x1.8x
Wed, 07 Jul 2021RM1.7tRM981.9bRM95.6b15.7x17.8x1.7x
Price to Earnings Ratio

17.8x


Total Market Cap: RM1.7tTotal Earnings: RM95.6bTotal Revenue: RM981.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Market Price to Earnings3Y Average 17.5x202220232024
Current Market PE
  • Investors are relatively neutral on the Malaysian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.5x.
Past Earnings Growth
  • The earnings for Malaysian listed companies have grown 3.1% per year over the last three years.
  • Revenues for these companies have grown 7.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malaysian Market?

MY Market-0.20%
Tech2.79%
Healthcare1.55%
Consumer Discretionary0.47%
Materials-0.085%
Utilities-0.40%
Financials-0.41%
Energy-0.58%
Consumer Staples-0.62%
Real Estate-0.66%
Industrials-0.68%
Telecom-0.85%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 49.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 27.2% which is higher than its past year's earnings decline of 9.2% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.3x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 9.2% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 5.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
TENAGA Tenaga Nasional BerhadRM14.021.6%
+RM1.3b
52.1%PE32.7xUtilities
INARI Inari Amertron BerhadRM3.809.2%
+RM1.2b
40.2%PE45.8xTech
TM Telekom Malaysia BerhadRM6.813.3%
+RM844.3m
36.2%PE13.3xTelecom
TOPGLOV Top Glove Corporation BhdRM1.177.3%
+RM640.8m
34.5%PS4.6xHealthcare
HARTA Hartalega Holdings BerhadRM3.554.7%
+RM546.1m
78.4%PE952.5xHealthcare
See more
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Market Insights

Last week, we looked at some of the reasons the healthcare sector has underperformed over the last few years...

Latest News

DIALOG

RM2.50

Dialog Group Berhad

7D

-4.6%

1Y

20.2%

TENAGA

RM14.02

Tenaga Nasional Berhad

7D

1.6%

1Y

52.1%

CIMB

RM6.83

CIMB Group Holdings Berhad

7D

-0.9%

1Y

32.9%

TM

RM6.81

Telekom Malaysia Berhad

7D

3.3%

1Y

36.2%

MISC

RM8.43

MISC Berhad

7D

-2.2%

1Y

17.4%

PETGAS

RM17.90

PETRONAS Gas Berhad

7D

-2.1%

1Y

5.3%

SIMEPROP

RM1.41

Sime Darby Property Berhad

7D

5.2%

1Y

203.2%

SIME

RM2.56

Sime Darby Berhad

7D

-3.4%

1Y

23.7%

SUNWAY

RM3.75

Sunway Berhad

7D

2.2%

1Y

134.4%

HARTA

RM3.55

Hartalega Holdings Berhad

7D

4.7%

1Y

78.4%

TOPGLOV

RM1.17

Top Glove Corporation Bhd

7D

7.3%

1Y

34.5%