IFCA MSC Berhad (KLSE:IFCAMSC) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Apr 30
Malaysian (KLSE) Application Software Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies16
- 7D0.7%
- 3M-8.4%
- 1Y-3.6%
- YTDn/a
The Application Software is pretty flat in the last 7 days, but Autocount Dotcom Berhad has stood out, gaining 3.1%. As for the longer term, the industry has declined 5.1% in the last year. Looking forward, earnings are forecast to grow by 43% annually.
Industry Valuation and Performance
Has the Malaysian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | RM2.8b | RM871.3m | RM19.7m | 35.8x | 141.3x | 3.2x |
| Sat, 13 Apr 2024 | RM2.6b | RM865.1m | RM22.0m | 35.4x | 117.2x | 3x |
| Mon, 11 Mar 2024 | RM2.9b | RM830.3m | RM12.3m | 31.6x | 232.8x | 3.5x |
| Wed, 07 Feb 2024 | RM2.9b | RM806.7m | RM30.7m | 25.3x | 93x | 3.5x |
| Fri, 05 Jan 2024 | RM3.1b | RM843.1m | RM35.7m | 25.9x | 85.8x | 3.6x |
| Sun, 03 Dec 2023 | RM3.1b | RM864.7m | RM43.4m | 25.5x | 71.2x | 3.6x |
| Tue, 31 Oct 2023 | RM2.9b | RM806.0m | -RM23,377,142.00 | 25.2x | -126.1x | 3.7x |
| Thu, 28 Sep 2023 | RM3.0b | RM794.8m | -RM17,396,614.00 | 26.2x | -170.8x | 3.7x |
| Sat, 26 Aug 2023 | RM3.0b | RM791.1m | -RM17,214,884.00 | 27x | -174x | 3.8x |
| Mon, 24 Jul 2023 | RM3.0b | RM789.4m | -RM19,106,014.00 | 26.7x | -159.4x | 3.9x |
| Wed, 21 Jun 2023 | RM2.9b | RM788.6m | -RM18,973,237.00 | 24.5x | -155.3x | 3.7x |
| Fri, 19 May 2023 | RM2.8b | RM779.0m | -RM38,328,561.00 | 22.5x | -74.2x | 3.6x |
| Sun, 16 Apr 2023 | RM2.5b | RM740.7m | -RM52,641,205.00 | 18.9x | -47.4x | 3.4x |
| Tue, 14 Mar 2023 | RM2.5b | RM741.2m | -RM56,542,297.00 | 19.6x | -44.6x | 3.4x |
| Thu, 09 Feb 2023 | RM2.8b | RM699.7m | -RM57,503,750.00 | 26.8x | -48.2x | 4x |
| Sat, 07 Jan 2023 | RM2.7b | RM894.6m | -RM66,355,632.00 | 25.4x | -40.9x | 3x |
| Mon, 05 Dec 2022 | RM2.9b | RM884.4m | -RM25,100,237.00 | 26.6x | -116.1x | 3.3x |
| Wed, 02 Nov 2022 | RM2.6b | RM901.7m | -RM21,291,526.00 | 23.4x | -122.2x | 2.9x |
| Fri, 30 Sep 2022 | RM2.3b | RM867.5m | -RM13,368,643.00 | 23.4x | -173x | 2.7x |
| Sun, 28 Aug 2022 | RM2.4b | RM868.4m | -RM19,563,340.00 | 23.2x | -122.1x | 2.8x |
| Tue, 26 Jul 2022 | RM2.0b | RM856.2m | -RM79,299,572.00 | 21.4x | -25.8x | 2.4x |
| Thu, 23 Jun 2022 | RM2.1b | RM869.4m | -RM83,068,275.00 | 21.5x | -25.1x | 2.4x |
| Sat, 21 May 2022 | RM2.3b | RM855.6m | -RM41,925,269.00 | 15.9x | -54.4x | 2.7x |
| Mon, 18 Apr 2022 | RM2.5b | RM857.2m | -RM48,355,109.00 | 17.2x | -50.7x | 2.9x |
| Wed, 16 Mar 2022 | RM2.3b | RM901.5m | -RM37,899,210.00 | 14.2x | -61.1x | 2.6x |
| Fri, 11 Feb 2022 | RM2.6b | RM882.6m | -RM43,122,088.00 | 15.3x | -60.7x | 3x |
| Sun, 09 Jan 2022 | RM2.6b | RM916.7m | -RM76,856,072.00 | 15.7x | -34x | 2.8x |
| Tue, 07 Dec 2021 | RM2.3b | RM924.7m | -RM77,787,621.00 | 15.1x | -29x | 2.4x |
| Thu, 04 Nov 2021 | RM2.5b | RM938.2m | -RM102,649,291.00 | 17x | -24.8x | 2.7x |
| Sat, 02 Oct 2021 | RM2.5b | RM937.0m | -RM72,313,922.00 | 18.4x | -35.1x | 2.7x |
| Mon, 30 Aug 2021 | RM2.7b | RM989.0m | -RM111,240,122.00 | 17.3x | -24.5x | 2.8x |
| Tue, 06 Jul 2021 | RM2.7b | RM979.8m | -RM111,847,922.00 | 16.3x | -23.9x | 2.7x |
Price to Earnings Ratio
-26.2x
Current Industry PE
- Investors are optimistic on the Malaysian Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 143x which is higher than its 3-year average PE of -46.2x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- Total earnings for the Application Software industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 3.2% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Malaysian Application Software compare with similar industries?
| MY Market | 0.71% | |
| Tech | 2.39% | |
| Software | 0.81% | |
| Application Software | 0.67% | |
| Systems Software | 1.08% | |
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 | |
|---|---|---|---|---|---|
| ADB Autocount Dotcom Berhad | RM1.01 | 4.7% +RM24.8m | 54.2% | PE42.8x | |
| N2N N2N Connect Berhad | RM0.51 | 6.3% +RM16.7m | 17.2% | PE20.3x | |
| EFORCE Excel Force MSC Berhad | RM0.39 | 2.6% +RM6.1m | 8.3% | PE29.4x | |
| RPLANET RedPlanet Berhad | RM0.28 | 12.0% +RM5.1m | n/a | PE14x | |
| MNC M N C Wireless Berhad | RM0.14 | 3.6% +RM1.2m | 3.6% | PS2.4x |
