Is Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) Using Too Much Debt?
Oct 09
Malaysian (KLSE) Aluminum Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies6
- 7D-0.2%
- 3M-5.8%
- 1Y6.4%
- YTD-4.3%
The Aluminum industry has stayed flat over the last week. As for the the longer term, the industry is up 6.4% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Malaysian Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | RM45.8b | RM18.4b | RM1.3b | 9.4x | 34.6x | 2.5x |
| Wed, 27 Sep 2023 | RM45.6b | RM18.4b | RM1.3b | 9.5x | 34.2x | 2.5x |
| Fri, 25 Aug 2023 | RM46.8b | RM18.8b | RM1.5b | 8.1x | 31.4x | 2.5x |
| Sun, 23 Jul 2023 | RM46.5b | RM18.8b | RM1.5b | 8.4x | 31.2x | 2.5x |
| Tue, 20 Jun 2023 | RM45.0b | RM18.9b | RM1.5b | 7.8x | 29.9x | 2.4x |
| Thu, 18 May 2023 | RM45.6b | RM19.9b | RM1.7b | 7.2x | 26.7x | 2.3x |
| Sat, 15 Apr 2023 | RM48.6b | RM19.9b | RM1.7b | 7.3x | 28.1x | 2.4x |
| Mon, 13 Mar 2023 | RM46.9b | RM20.0b | RM1.7b | 7.6x | 27x | 2.4x |
| Wed, 08 Feb 2023 | RM50.7b | RM19.4b | RM1.8b | 8.1x | 28x | 2.6x |
| Fri, 06 Jan 2023 | RM46.6b | RM19.4b | RM1.8b | 7x | 25.7x | 2.4x |
| Sun, 04 Dec 2022 | RM45.3b | RM19.4b | RM1.8b | 6.9x | 25x | 2.3x |
| Tue, 01 Nov 2022 | RM41.6b | RM18.1b | RM1.8b | 6.5x | 23.5x | 2.3x |
| Thu, 29 Sep 2022 | RM38.4b | RM18.0b | RM1.8b | 7.7x | 21.8x | 2.1x |
| Sat, 27 Aug 2022 | RM43.8b | RM17.8b | RM1.7b | 7.9x | 25.2x | 2.5x |
| Mon, 25 Jul 2022 | RM40.7b | RM16.3b | RM1.6b | 7.1x | 26x | 2.5x |
| Wed, 22 Jun 2022 | RM43.1b | RM16.2b | RM1.6b | 7.3x | 27.6x | 2.7x |
| Fri, 20 May 2022 | RM46.4b | RM14.1b | RM1.3b | 8.4x | 36.2x | 3.3x |
| Sun, 17 Apr 2022 | RM59.0b | RM14.1b | RM1.3b | 9.6x | 45x | 4.2x |
| Tue, 15 Mar 2022 | RM55.8b | RM14.0b | RM1.3b | 9.6x | 42.6x | 4x |
| Thu, 10 Feb 2022 | RM57.2b | RM12.4b | RM1.1b | 11.6x | 53.7x | 4.6x |
| Sat, 08 Jan 2022 | RM50.0b | RM12.4b | RM1.1b | 11.2x | 47x | 4x |
| Mon, 06 Dec 2021 | RM46.2b | RM12.3b | RM1.1b | 11.3x | 43.3x | 3.8x |
| Wed, 03 Nov 2021 | RM47.9b | RM11.2b | RM870.6m | n/a | 55x | 4.3x |
| Fri, 01 Oct 2021 | RM49.8b | RM11.2b | RM872.4m | 13.7x | 57.1x | 4.5x |
| Sun, 29 Aug 2021 | RM45.5b | RM11.2b | RM874.6m | 12.2x | 52x | 4.1x |
| Mon, 05 Jul 2021 | RM40.6b | RM11.2b | RM874.6m | 11.7x | 46.4x | 3.6x |
| Thu, 08 Apr 2021 | RM42.1b | RM9.9b | RM646.3m | 19.8x | 65.2x | 4.2x |
| Sun, 10 Jan 2021 | RM35.6b | RM9.5b | RM516.3m | 33.2x | 68.9x | 3.7x |
Price to Earnings Ratio
47.7x
Current Industry PE
- Investors are pessimistic on the Malaysian Aluminum 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 34.6x which is lower than its 3-year average PE of 42.5x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Malaysian Aluminum compare with similar industries?
| MY Market | 0.12% | |
| Materials | 0.31% | |
| Metals and Mining | -0.032% | |
| Aluminum | -0.18% | |
| Steel | 1.68% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -1.64% | |
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 | |
|---|---|---|---|---|---|
| PMETAL Press Metal Aluminium Holdings Berhad | RM4.88 | 0.4% +RM164.8m | 12.2% | PE34.5x | |
| LBALUM LB Aluminium Berhad | RM0.47 | 1.1% +RM2.2m | 13.1% | PE6.8x | |
| ARANK A-Rank Berhad | RM0.54 | 1.9% +RM1.8m | 2.9% | PE6.9x |
