My E.G. Services Berhad's (KLSE:MYEG) Intrinsic Value Is Potentially 81% Above Its Share Price
Sep 20
Malaysian (KLSE) Research and Consulting Services Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies5
- 7D-0.6%
- 3M3.9%
- 1Y-7.4%
- YTD-6.3%
Over the last 7 days, the Research and Consulting Services industry has dropped 1.9%, driven by a pullback from My E.G. Services Berhad of 2.5%. In contrast, Rekatech Capital Berhad has gained 44%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Malaysian Research and Consulting Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | RM9.3b | RM951.6m | RM500.0m | 44.7x | 18.7x | 9.8x |
| Tue, 26 Sep 2023 | RM9.5b | RM951.5m | RM500.0m | 43.7x | 18.9x | 9.9x |
| Thu, 24 Aug 2023 | RM9.3b | RM950.8m | RM503.2m | 42.5x | 18.6x | 9.8x |
| Sat, 22 Jul 2023 | RM8.9b | RM912.0m | RM481.4m | 37.8x | 18.4x | 9.7x |
| Mon, 19 Jun 2023 | RM9.7b | RM912.0m | RM481.4m | 37.8x | 20.1x | 10.6x |
| Wed, 17 May 2023 | RM9.4b | RM904.9m | RM468.4m | 42.1x | 20.1x | 10.4x |
| Fri, 14 Apr 2023 | RM9.7b | RM889.3m | RM464.4m | 40.3x | 21x | 11x |
| Sun, 12 Mar 2023 | RM8.9b | RM887.5m | RM466.3m | 30.7x | 19x | 10x |
| Tue, 07 Feb 2023 | RM10.7b | RM957.6m | RM473.0m | 30.7x | 22.6x | 11.2x |
| Thu, 05 Jan 2023 | RM3.5b | RM225.5m | RM66.7m | 39.1x | 53.1x | 15.7x |
| Sat, 03 Dec 2022 | RM3.6b | RM226.6m | RM67.4m | 39.1x | 52.7x | 15.7x |
| Mon, 31 Oct 2022 | RM3.5b | RM227.8m | RM66.8m | 38.6x | 51.9x | 15.2x |
| Wed, 28 Sep 2022 | RM3.4b | RM213.6m | RM55.7m | 42x | 60.2x | 15.7x |
| Fri, 26 Aug 2022 | RM3.5b | RM211.2m | RM29.8m | 43.8x | 116x | 16.3x |
| Sun, 24 Jul 2022 | RM3.2b | RM202.6m | RM19.3m | 47.6x | 167.9x | 16x |
| Tue, 21 Jun 2022 | RM2.8b | RM178.1m | RM14.0m | 56.7x | 199.4x | 15.7x |
| Thu, 19 May 2022 | RM3.4b | RM179.8m | RM14.6m | 68.2x | 230.5x | 18.7x |
| Sat, 16 Apr 2022 | RM3.7b | RM175.1m | RM10.6m | 81.7x | 347.5x | 21.1x |
| Mon, 14 Mar 2022 | RM3.5b | RM175.1m | RM10.6m | 78.6x | 332.7x | 20.2x |
| Wed, 09 Feb 2022 | RM3.9b | RM177.0m | RM11.5m | 85.8x | 336.6x | 21.9x |
| Fri, 07 Jan 2022 | RM4.3b | RM179.9m | RM11.8m | n/a | 364.8x | 24x |
| Sun, 05 Dec 2021 | RM4.0b | RM179.9m | RM11.8m | 87.2x | 336.4x | 22.1x |
| Tue, 02 Nov 2021 | RM4.3b | RM179.2m | RM13.5m | 94.6x | 319.7x | 24.1x |
| Thu, 30 Sep 2021 | RM4.6b | RM171.3m | RM35.6m | 100.5x | 128.5x | 26.7x |
| Sat, 28 Aug 2021 | RM4.0b | RM171.3m | RM35.6m | 87.5x | 112.8x | 23.4x |
| Sun, 04 Jul 2021 | RM144.7m | RM19.7m | -RM8,649,848.00 | n/a | -16.7x | 7.3x |
| Wed, 07 Apr 2021 | RM141.2m | RM19.4m | -RM8,799,848.00 | n/a | -16x | 7.3x |
| Sat, 09 Jan 2021 | RM106.8m | RM16.1m | -RM9,794,848.00 | n/a | -10.9x | 6.6x |
Price to Earnings Ratio
-8.1x
Current Industry PE
- Investors are pessimistic on the Malaysian Research and Consulting Services 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 18.8x which is lower than its 3-year average PE of 102x.
- The 3-year average PS ratio of 14.2x is higher than the industry's current PS ratio of 9.9x.
Past Earnings Growth
- Total earnings for the Research and Consulting Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 319% 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 Research and Consulting Services compare with similar industries?
| MY Market | 0.11% | |
| Industrials | 0.66% | |
| Professional Services | -0.50% | |
| Research and Consulting Services | -0.58% | |
| HR Services | -1.44% | |
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 | |
|---|---|---|---|---|---|
| CTOS CTOS Digital Berhad | RM1.44 | 0.7% +RM23.1m | 2.9% | PE44.7x |