Malaysian (KLSE) Electrical Industry Analysis

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
Tue, 31 Oct 2023	RM4.6b	RM8.6b	RM146.2m	16.7x	31.3x	0.5x
Thu, 28 Sep 2023	RM4.6b	RM8.6b	RM196.8m	14.8x	23.3x	0.5x
Sat, 26 Aug 2023	RM4.5b	RM8.6b	RM201.0m	14.7x	22.6x	0.5x
Mon, 24 Jul 2023	RM4.6b	RM8.5b	RM196.9m	14.5x	23.2x	0.5x
Wed, 21 Jun 2023	RM4.4b	RM8.5b	RM198.2m	14.8x	22x	0.5x
Fri, 19 May 2023	RM4.5b	RM8.3b	RM217.9m	16.5x	20.8x	0.5x
Sun, 16 Apr 2023	RM4.7b	RM8.3b	RM217.2m	17.6x	21.8x	0.6x
Tue, 14 Mar 2023	RM4.6b	RM8.3b	RM194.5m	17.6x	23.5x	0.5x
Thu, 09 Feb 2023	RM4.8b	RM8.4b	RM195.7m	19.8x	24.7x	0.6x
Sat, 07 Jan 2023	RM4.2b	RM8.4b	RM199.3m	18.4x	21.2x	0.5x
Mon, 05 Dec 2022	RM4.1b	RM8.3b	RM189.6m	16x	21.5x	0.5x
Wed, 02 Nov 2022	RM3.9b	RM7.9b	RM174.9m	12.9x	22.4x	0.5x
Fri, 30 Sep 2022	RM3.9b	RM7.9b	RM111.9m	17.2x	35.2x	0.5x
Sun, 28 Aug 2022	RM4.1b	RM7.5b	RM99.8m	18.8x	41.4x	0.6x
Tue, 26 Jul 2022	RM4.0b	RM7.9b	RM60.4m	18.9x	66.5x	0.5x
Thu, 23 Jun 2022	RM3.8b	RM7.7b	RM36.6m	17.1x	103.4x	0.5x
Sat, 21 May 2022	RM4.1b	RM7.3b	RM18.3m	18.2x	223.2x	0.6x
Mon, 18 Apr 2022	RM4.5b	RM7.3b	RM18.8m	19.2x	237.7x	0.6x
Wed, 16 Mar 2022	RM3.9b	RM7.3b	RM15.4m	19x	253.7x	0.5x
Fri, 11 Feb 2022	RM5.0b	RM6.7b	RM22.2m	23.7x	225.8x	0.8x
Sun, 09 Jan 2022	RM5.4b	RM6.7b	RM22.2m	23.4x	244x	0.8x
Tue, 07 Dec 2021	RM5.2b	RM6.7b	RM21.6m	22.4x	240.1x	0.8x
Thu, 04 Nov 2021	RM5.7b	RM6.5b	RM61.6m	20.8x	92.4x	0.9x
Sat, 02 Oct 2021	RM5.5b	RM6.5b	RM61.4m	19.3x	89.6x	0.9x
Mon, 30 Aug 2021	RM5.3b	RM5.8b	RM99.2m	23x	53.3x	0.9x
Tue, 06 Jul 2021	RM4.8b	RM5.8b	RM99.2m	21.8x	48.5x	0.8x
Fri, 09 Apr 2021	RM5.2b	RM5.5b	RM96.6m	21.2x	54.2x	0.9x
Thu, 31 Dec 2020	RM4.6b	RM5.0b	RM62.3m	18.2x	73.4x	0.9x

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 31.7x which is lower than its 3-year average PE of 68.8x.

Past Earnings Growth

Total earnings for the Electrical industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Industrials industry?

Industry PE

Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 54.6x.

Analysts are expecting annual earnings growth of 21.9%, which is higher than its past year's earnings growth of 9.9% 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 22% over the next 5 years.
This is better than its past earnings growth rate of 9.9% per year.

In contrast, the Electrical Components industry is expected to see its earnings grow by 22% 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
PIE P.I.E. Industrial Berhad	RM3.10	5.1% +RM57.6m	22.0%	PE17.5x
SCGBHD Southern Cable Group Berhad	RM0.38	7.1% +RM20.0m	25.0%	PE15.9x
TAWIN Ta Win Holdings Berhad	RM0.04	14.3% +RM17.2m	-50.0%	PS0.2x
SLVEST Solarvest Holdings Berhad	RM1.23	1.7% +RM13.4m	72.0%	PE37.2x
SCOMNET Supercomnet Technologies Berhad	RM1.33	0.8% +RM7.9m	-17.9%	PE34.5x

Company

Last Price

Valuation

PIE P.I.E. Industrial Berhad

RM3.10

5.1%
+RM57.6m

22.0%

PE17.5x

SCGBHD Southern Cable Group Berhad

RM0.38

7.1%
+RM20.0m

25.0%