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Malaysian (KLSE) Tech Sector Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies123
  • 7D7.0%
  • 3M1.2%
  • 1Y10.4%
  • YTD9.2%

Over the last 7 days, the Tech industry has risen 7.0%, driven by gains in ViTrox Corporation Berhad and Greatech Technology Berhad of 12% and 17%, respectively. During this same period, the Infomina Berhad underperformed, falling 7.5%. This takes the industry's 12 month performance to a gain of 10%. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

Has the Malaysian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Apr 2026RM 71.7bRM 44.5bRM 496.1m21.2x144.4x1.6x
Wed, 25 Mar 2026RM 60.1bRM 44.4bRM 776.8m18.7x77.4x1.4x
Fri, 20 Feb 2026RM 66.0bRM 45.0bRM 1.3b17.9x50.7x1.5x
Sun, 18 Jan 2026RM 71.6bRM 44.8bRM 1.3b20.8x54.5x1.6x
Tue, 16 Dec 2025RM 66.5bRM 44.9bRM 1.3b17.5x50.7x1.5x
Thu, 13 Nov 2025RM 74.1bRM 44.5bRM 1.2b22.2x63.1x1.7x
Sat, 11 Oct 2025RM 76.7bRM 44.2bRM 1.1b21.9x68.7x1.7x
Mon, 08 Sep 2025RM 68.9bRM 43.1bRM 1.2b19.3x56.3x1.6x
Wed, 06 Aug 2025RM 66.7bRM 41.0bRM 1.3b20.8x49.9x1.6x
Fri, 04 Jul 2025RM 68.4bRM 40.5bRM 1.4b20x50.3x1.7x
Sun, 01 Jun 2025RM 63.8bRM 40.2bRM 1.1b20.4x59.3x1.6x
Tue, 29 Apr 2025RM 62.0bRM 37.6bRM 1.1b19.1x57.9x1.6x
Thu, 27 Mar 2025RM 64.4bRM 37.6bRM 1.1b20.3x59.9x1.7x
Sat, 22 Feb 2025RM 72.7bRM 34.7bRM 1.1b25.2x63.6x2.1x
Mon, 20 Jan 2025RM 80.0bRM 34.8bRM 1.1b28.3x76.1x2.3x
Wed, 18 Dec 2024RM 84.6bRM 34.8bRM 1.1b32x78.9x2.4x
Fri, 15 Nov 2024RM 79.6bRM 33.3bRM 1.3b31.1x62.7x2.4x
Sun, 13 Oct 2024RM 77.2bRM 33.0bRM 1.2b31.9x63.4x2.3x
Tue, 10 Sep 2024RM 77.9bRM 32.9bRM 1.2b32.7x64.3x2.4x
Thu, 08 Aug 2024RM 90.7bRM 32.7bRM 1.2b40.9x78.6x2.8x
Sat, 06 Jul 2024RM 103.0bRM 32.7bRM 1.2b40.3x88x3.2x
Mon, 03 Jun 2024RM 91.9bRM 32.6bRM 1.1b33.3x80.1x2.8x
Wed, 01 May 2024RM 82.4bRM 32.3bRM 999.3m28.1x82.4x2.6x
Fri, 29 Mar 2024RM 81.2bRM 32.3bRM 1.0b27.3x79.2x2.5x
Sun, 25 Feb 2024RM 81.2bRM 32.9bRM 844.2m28x96.2x2.5x
Tue, 23 Jan 2024RM 80.0bRM 33.4bRM 910.0m24.7x88x2.4x
Thu, 21 Dec 2023RM 79.9bRM 33.5bRM 920.7m24.7x86.7x2.4x
Sat, 18 Nov 2023RM 78.8bRM 33.5bRM 1.2b25.4x67.5x2.4x
Mon, 16 Oct 2023RM 78.7bRM 33.8bRM 1.3b24.6x61.4x2.3x
Wed, 13 Sep 2023RM 79.4bRM 33.5bRM 1.3b25.3x63.2x2.4x
Fri, 11 Aug 2023RM 80.6bRM 34.4bRM 1.5b23.2x53.3x2.3x
Sun, 09 Jul 2023RM 78.0bRM 34.6bRM 1.8b23x44.4x2.3x
Tue, 06 Jun 2023RM 75.9bRM 34.4bRM 1.8b20.1x42.9x2.2x
Thu, 04 May 2023RM 77.5bRM 35.1bRM 2.4b21x32.7x2.2x
Price to Earnings Ratio

32.7x


Total Market Cap: RM 77.5bTotal Earnings: RM 2.4bTotal Revenue: RM 35.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Tech Sector Price to Earnings3Y Average 66.5x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 144x which is higher than its 3-year average PE of 66.4x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 41% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Malaysian Tech sector?

MY Market1.33%
Tech6.98%
Semiconductors9.38%
IT5.62%
Tech Hardware3.41%
Electronic Equipment and Components3.10%
Software2.57%
Communications-6.20%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 71.6x.
    • Analysts are expecting annual earnings growth of 27.2%, which is higher than its past year's earnings growth of 15.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 16% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VITROX ViTrox Corporation BerhadRM 5.5211.7%
+RM 1.1b
82.8%PE65.2x
GREATEC Greatech Technology BerhadRM 2.5217.2%
+RM 930.4m
72.6%PE72.9x
MPI Malaysian Pacific Industries BerhadRM 37.8411.3%
+RM 765.7m
117.0%PE38.9x
INARI Inari Amertron BerhadRM 1.8210.3%
+RM 646.9m
-6.2%PE35x
NEXG NEXG BerhadRM 0.3228.6%
+RM 244.2m
-14.9%PS3.2x

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