SUNWAY (5211): Stocks Analysis and Forecast 2025

Key Takeaways

• SUNWAY Berhad (5211.BMS) is a diversified Malaysian conglomerate involved in sectors like construction, property development, healthcare, and trading, with over 84% of its revenue generated locally and a strong institutional investor base backing its growth.
• It offers compelling investment potential due to consistent financial performance, a diversified business model, strategic exposure to SEZ developments, and upside from the upcoming Sunway Healthcare IPO.
• The stock has shown stable year-to-date performance with a slight uptrend, although technical indicators currently signal a cautious sentiment amid potential short-term volatility.
• SUNWAY reported strong Q2 2025 earnings, with a 62.1% YoY revenue jump and RM330M in net profit, though its profit margin and EPS showed minor compression due to cost pressures.
• Backed by robust cash flows and a track record of declared dividends, SUNWAY maintains a consistent biannual dividend policy, reflecting sound financial health and shareholder commitment.

What is SUNWAY (5211.BMS) Stock?

SUNWAY Berhad (5211.BMS) is a prominent Malaysian conglomerate listed on the Bursa Malaysia, actively engaged in multiple sectors including construction, property development, healthcare, and trading. The company operates through diversified business segments such as Property Development, Construction, Trading and Manufacturing, and Investment Holdings, making SUNWAY stock a key representative of Malaysia’s industrial and infrastructure growth.

Founded in 1974, SUNWAY has built a strong domestic presence, with over 84% of its revenue generated from within Malaysia, and operations extending to regions like Singapore, China, and India. Its vertical integration across project development and delivery positions it uniquely in the Malaysian stock market. Moreover, institutions such as the Employees Provident Fund Board and other local entities frequently include SUNWAY stocks in their portfolio, reflecting resilient investor confidence. As part of the Industrial Products & Services sector, SUNWAY stock attracts both long-term investors and market analysts monitoring Malaysia’s development-focused industries.

Why Consider Investing in Sunway Berhad (5211) Stock?

Solid Financial Performance: Understanding Sunway's Earnings and Profitability

Sunway Berhad has demonstrated consistent financial growth, solidifying its position as one of Malaysia’s top conglomerates. In FY2024, the company recorded a revenue of RM7.88 billion, marking a 28.5% year-over-year (YoY) increase. Its net profit stood at RM1.28 billion, representing a significant 49.7% YoY surge, with profit attributable to shareholders increasing by 60.5% to RM1.10 billion. In Q2 2025 alone, Sunway posted operating revenue of RM2.56 billion (+62.1% YoY) and net profit of RM329.6 million (+11.2% YoY).

EPS (Earnings Per Share) remains consistently healthy, with 0.17 reported for 2024 and quarterly progression from Q1 to Q2 2025. Importantly, Free Cash Flow (FCF) surged by over 247% YoY, reflecting efficient cash generation. For investors, this translates to greater financial resilience and flexibility for expansion or rewarding shareholders through dividends (current dividend yield stands at 1.01%).

Expanding Horizons: Industry and Growth Potential

Sunway’s well-diversified portfolio across construction, property development, healthcare, trading, and education provides resilience against sector-specific downturns. In 2024, the construction segment contributed RM4.44 billion (56.3%) in revenue. Additionally, Sunway is poised to benefit from its exposure to the Johor-Singapore Special Economic Zone (SEZ) and the highly anticipated IPO of Sunway Healthcare Group, which has already generated positive investor sentiment. The healthcare segment is especially promising, with Malaysia’s aging population and growing medical tourism creating long-term tailwinds.

Beyond organic growth, consensus estimates project FY2025 EBIT to reach RM1.05 billion, indicating investor confidence in profitability expansion. Sunway’s strategic alignment with national and regional infrastructure development plans, especially under the Madani Economy framework, may further unlock growth avenues ahead.

Institutional Confidence and Capital Flow Insights

Institutional investors hold over 80% of Sunway’s shares, underlining strong market confidence. Major stakeholders such as Active Equity Sdn Bhd (48.5%), Jef-San Enterprise (10.7%), and the Employees Provident Fund (8.1%) reflect trust from both private and public investors. Recent reports indicate a net increase in holdings, with the total institutional ratio rising by +0.139% as of July 2025.

On the capital flow front, Sunway has experienced mixed investor behavior over the past week. For instance, on October 29th, net inflow reached RM5.32 million, driven mainly by major transactions (up 39.65%). However, occasional outflows by small to mid-sized investors indicate short-term profit-taking behaviors. Nonetheless, the majority presence of long-term institutional investors provides stability and strategic value.

Technical Indicators: Momentum and Trend Outlook

From a technical standpoint, Sunway's stock exhibits consolidation after recent corrections. The 60-day moving average sits at RM5.17, while current prices hover near RM5.42, indicating potential support. However, short-term indicators such as MACD suggest bearish pressure with a lingering negative divergence. KDJ and RSI are stabilizing, with KDJ (%D) rebounding from oversold levels and RSI(6) at 28.93, nearing a potential reversal zone.

Though recent BIAS indicators (-0.79 for 6-day, -1.9 for 12-day) imply mild undervaluation, the broader trend maintains structure, suggesting cautious optimism. For beginner investors, this could be likened to a temporarily calm period after earlier volatility—potentially a setup before a rebound, assuming no negative external shocks.

Strategic Positioning and Management Vision

Beyond financials and charts, what sets Sunway apart is its long-term vision and integrated business ecosystem. With stronghold operations in Malaysia and regional exposure across India, Singapore, and China, the group leverages its diversified income to counterbalance cyclical downturns. Sunway’s founder, Jeffrey Cheah, has built the company on sustainable urban development principles—visible through Sunway City’s smart eco-township model, which aligns with ESG (Environmental, Social, Governance) priorities increasingly valued by modern investors.

This forward-looking commitment, coupled with its trusted corporate governance, makes Sunway a potential favorite among ESG-conscious investors and those seeking stable yet growth-oriented shares within Malaysia’s capital market.

How to Buy SUNWAY (5211.BMS) Stock in Malaysia

Step 1: Open a Trading Account

To start investing in SUNWAY (5211.BMS) shares, you first need to open a trading account with a licensed broker in Malaysia. For instance, platforms like moomoo provide user-friendly interfaces ideal for both beginners and experienced investors. Malaysian citizens must provide a valid MyKad, proof of bank account, and a utility bill or bank statement (dated within 3 months) as proof of address. For foreign nationals, a valid passport and visa along with similar proof of address documentation are required. Typically, account approval and verification take 1 to 3 working days, depending on the broker's internal processes.

Step 2: Fund Your Account

Once your trading account is active, the next step is to add funds. Malaysian brokerage platforms support multiple convenient funding methods, including online bank transfers (GIRO), FPX (Financial Process Exchange) payments, and e-wallets such as Boost or Touch ‘n Go, depending on the broker’s features. It's essential to use your personal bank account for fund transfers to comply with anti-money laundering requirements. Depending on the method used, fund transfers may reflect instantly or within the same working day.

Step 3: Do Your Research on SUNWAY Stock

Before buying SUNWAY stock, take time to research the company’s fundamentals and market trends. SUNWAY Berhad is an integrated Malaysian conglomerate with core operations in property development, construction, and healthcare. As of October 31, 2025, SUNWAY’s share price stood at RM5.42 with a market capitalization of RM33.74 billion. Key indicators such as the P/E ratio (TTM) of 31.7 and dividend yield of 1.01% should be carefully evaluated. Technical indicators like RSI and MACD can also help gauge short-term momentum. Additionally, reviewing recent news about Sunway’s SGD600 million funding for expansion highlights its strategic growth moves. Consider overall market sentiment, analyst reports, and institutional holdings to make informed decisions.

Step 4: Place an Order

Once your research is complete, you’re ready to place an order through your trading platform. On apps like moomoo, simply search for the stock code 5211.BMS, choose the order type (Market, Limit, or Stop Order), input your preferred quantity and price, and tap “Buy” to execute. Be sure to monitor the transaction status and adjust your trading strategy as needed. Using order features like stop-loss or take-profit can help manage potential risks in volatile periods.

SUNWAY (5211.BMS) Stock Price Performance

What is SUNWAY Stock Price?

As of October 31, 2025, Sunway Berhad (SUNWAY 5211.BMS) closed at RM5.42, up slightly from the previous day’s RM5.40, marking a modest 0.37% daily gain. Year-to-date, the stock has demonstrated relative stability despite some mid-year volatility. This resilience reflects investor confidence built on Sunway's diversified business pillars ranging from property development and construction to healthcare and education. However, challenges persist. The group's current P/E ratio of 32.45 and P/B of 2.26 suggest a valuation premium compared to industry averages—signaling investor optimism but also caution around future growth expectations in an era of higher financing costs and global economic headwinds.

Historical SUNWAY Stock Price Movements Analysis

Reviewing SUNWAY's last 30 trading sessions, the stock fluctuated between RM5.313 and RM5.889. A double-top chart pattern is visible around the RM5.77 to RM5.81 region (Oct 1–9), followed by a gradual downtrend towards RM5.40 on Oct 30. Technical indicators signal neutral-to-bearish sentiment: MACD shows declining momentum with a flattening histogram, and RSI at 28.9 suggests it's nearing oversold territory. Volume has been tapering off, indicating reduced speculative interest. If the price sustains above RM5.36, a short-term rebound may be likely. Otherwise, a break below RM5.32 could open room for further downside testing RM5.20 support.

SUNWAY (5211.BMS) Forecast

Looking ahead, SUNWAY’s robust fundamentals and diversified cash-generating sectors lend credibility to a stable long-term outlook. The latest Q2 2025 report showed revenue growth of 62.1% YoY and net profit increase of 11.2%, while cash flow from operations reached RM442.9M. Despite that, declining net profit margins and rising debt-equity (52.13%) warrant attention. Analysts forecast 2025 EBIT at RM1.051B versus RM887M in 2024, suggesting growth potential. Barring global macroeconomic shocks, the RM5.60–RM5.80 resistance range may be retested by year-end, particularly if investor sentiment improves via institutional accumulation or clarity on rate cuts.

SUNWAY (5211.BMS) Earnings

Does SUNWAY Release Reports Regularly?

SUNWAY Berhad (5211.BMS) is committed to maintaining financial transparency through consistent quarterly and annual earnings releases. The Group publishes its earnings both on Bursa Malaysia and through its corporate website, providing investors timely access to performance updates and financial statements.

When is the Next SUNWAY Earnings Date?

Based on past patterns and the last announcement made on 27 August 2025 for Q2 results, SUNWAY is expected to release its Q3 2025 earnings on or around 26 November 2025.

What Were SUNWAY Earnings Last Quarter?

In Q2 2025, SUNWAY reported solid performance growth across multiple metrics. Key financial indicators are summarized below:

Source: I3Investor, Bursa Malaysia. Accessed 23 Oct 2025

• Revenue increased significantly due to strong growth in the property and healthcare segments.
• EPS slightly declined due to diluted profit contribution amid higher operational costs.
• Net profit margin decreased, possibly impacted by financing and administrative expenses.
• Debt-to-Asset Ratio rose, reflecting ongoing expansion and capital investments.

What Was Discussed in the Recent SUNWAY Earnings Call?

During the most recent SUNWAY Earnings Call held in August 2025, management highlighted continued optimism for 2025, citing robust construction contracts and healthcare facility growth. The Group emphasized earnings resilience backed by diversified revenue and strong FCF of RM391 million for the quarter.

Does SUNWAY (5211.BMS) Pay Dividends?

Yes, SUNWAY Berhad (stock code: 5211.BMS) is a dividend-paying company listed on Bursa Malaysia. With a long-standing presence in Malaysia’s industrial and property development sectors, SUNWAY has established a stable dividend payout practice, reflecting its commitment to delivering returns to shareholders. In recent financial years, the company has consistently declared cash dividends, underpinned by strong operating cash flows and improving profitability. These payouts signal SUNWAY’s financial resilience and cash-generating capability, which have become particularly notable through robust free cash flow and operating performance growth amid expanding revenue streams.

Despite ongoing capital investments and strategic acquisitions, such as the recent SGD2.4 billion deal to acquire MCL Land in Singapore, SUNWAY continues to maintain dividend consistency. Its payout ratio remains comfortably manageable and well-aligned with its earnings performance, suggesting that the dividend distributions are sustainable. Investors looking for regular income from Malaysia-based industrial conglomerates may find SUNWAY’s dividends appealing, especially within the context of its long-term growth trajectory and sectoral leadership in construction and property development.

Dividend Summary of SUNWAY (5211.BMS)

SUNWAY’s dividend policy appears to aim for predictable distributions, supported by solid fundamentals:

• Dividend Yield (TTM): 1.00%
• Dividend Frequency: Biannual
• Latest Dividend Amount: RM0.04 per share
• Payout Ratio: Approximately 47%
• Dividend Policy: Cash dividends, occasionally accompanied by Dividend Reinvestment Plans (DRP)

While the current yield is below the top quartile of Malaysian dividend payers, SUNWAY's consistent policy underscores capital discipline and financial prudence.

Dividend History of SUNWAY (5211.BMS)

Source: moomoo stock data as of October 2025

How SUNWAY's Dividend Compares Within the Malaysian Industrial Sector

SUNWAY’s dividend yield of 1.0% is modest compared to other established dividend-paying corporations in Malaysia. For context, the average dividend yield among its industrial sector peers is approximately 3.2%, while the top quartile of dividend-paying stocks on Bursa Malaysia offer yields exceeding 5.4%. While this indicates that SUNWAY may not be the highest-yielding stock in the sector, its appeal lies within its diversified operations, reliable cash flows, and strategic reinvestment initiatives that prioritize long-term capital growth alongside shareholder returns.

The relatively lower dividend yield suggests that SUNWAY balances shareholder value creation with reinvesting in high-growth areas such as healthcare, property, and international expansion. For investors seeking sustainable income combined with potential capital appreciation, SUNWAY represents a balanced proposition within Malaysia's industrial products and services landscape.

Risk Assessment for Sunway Berhad Stock

In the last quarter, Sunway Berhad (5211.BMS) has demonstrated a robust financial trajectory, with notable revenue growth of 62.14% year-on-year in Q2 2025, amounting to MYR 2.56 billion. Despite strong top-line performance, Sunway’s net profit margin declined to 12.87% in Q2 2025, a significant drop from 20.13% in 2024 Q3, suggesting cost pressures or shifts in its revenue mix. This compression in profitability introduces company-specific risks that make profitability sensitive to margin pressures across its diversified business segments—construction, property, REIT, and manufacturing—which each carry cyclical and execution-related exposure.

Sunway is not without sectoral and market risks. Being deeply embedded in Malaysia’s property and construction industry, it is vulnerable to macroeconomic headwinds like rising interest rates and fluctuating construction material prices. As of October 2025, its debt-asset ratio rose to 52.13% in Q2 2025 from 47.75% a year earlier, indicating increased leverage that could heighten its sensitivity to funding costs. Liquidity-wise, its average turnover rate has remained under 0.2% recently, underscoring low trading volume and potential price volatility if investor sentiment shifts sharply.

From an ESG and regulatory scope, any policy changes on environmental standards, particularly relating to its quarry and construction business, may affect operational costs. Moreover, geopolitical developments or potential disruptions in its foreign markets such as China and Indonesia—although these regions contribute less than 10% to revenue—could still impact overall risk exposure. On the legal front, the company has a relatively clean record, but its widespread operations require adherence to multiple jurisdictions, elevating compliance risk. Importantly, its healthy free cash flow of MYR 391 million in Q2 2025 (up 261.9% YoY) acts as a buffer against short-term financial shocks, although sustainability of this metric under tighter monetary conditions remains a concern.

Conclusion

Sunway Berhad (SUNWAY 5211.BMS) stands out as a resilient Malaysian conglomerate with diverse interests in construction, property development, healthcare, and trading. The article highlighted Sunway's strong financial performance in FY2024 and Q2 2025, showcasing significant revenue and profit growth, along with robust free cash flow. Notably, its expansion plans—such as participation in the Johor-Singapore SEZ and the upcoming IPO of Sunway Healthcare Group—position it for long-term growth. Institutional ownership reflects solid investor confidence, while technical indicators suggest the stock is currently in a consolidation phase, possibly preparing for a rebound.

For investors, Sunway stock offers a balanced exposure to both growth and stability within Malaysia’s industrial and real estate sectors. Short-term traders may find opportunities in price rebounds near support levels (RM5.36–RM5.42), while long-term investors should focus on Sunway’s strategic vision, solid fundamentals, and future earnings potential. However, due diligence is essential given rising debt levels and margin pressures. Overall, Sunway remains a compelling stock choice for those seeking a diversified, ESG-aligned, and fundamentally robust investment in the Malaysian equities market.