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Malaysian (KLSE) Tech Sector Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies122
  • 7D2.1%
  • 3M-5.0%
  • 1Y-14.5%
  • YTD9.9%

Over the last 7 days, the Tech industry has risen 2.1%, driven by gains in Greatech Technology Berhad and Inari Amertron Berhad of 11% and 5.4%, respectively. In the same time, Northeast Group Berhad was down 28%. In contrast, the industry has lost 14% in the last 12 months. Earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026RM 71.6bRM 44.8bRM 1.3b20.8x54.5x1.6x
Mon, 15 Dec 2025RM 67.2bRM 44.9bRM 1.3b17.8x51.2x1.5x
Wed, 12 Nov 2025RM 74.5bRM 44.5bRM 1.2b22.2x63.4x1.7x
Fri, 10 Oct 2025RM 77.7bRM 44.2bRM 1.1b23.5x69.7x1.8x
Sun, 07 Sep 2025RM 68.9bRM 43.1bRM 1.2b19.3x56.3x1.6x
Tue, 05 Aug 2025RM 66.7bRM 40.9bRM 1.4b20.5x49x1.6x
Thu, 03 Jul 2025RM 66.1bRM 40.5bRM 1.4b19.6x48.6x1.6x
Sat, 31 May 2025RM 63.8bRM 40.3bRM 1.1b20.2x60.6x1.6x
Mon, 28 Apr 2025RM 61.6bRM 37.6bRM 1.1b19.5x57.6x1.6x
Wed, 26 Mar 2025RM 64.4bRM 37.5bRM 1.1b20.6x57.4x1.7x
Fri, 21 Feb 2025RM 74.1bRM 34.8bRM 1.1b26x65.9x2.1x
Sun, 19 Jan 2025RM 80.0bRM 34.8bRM 1.1b28.3x76x2.3x
Tue, 17 Dec 2024RM 85.1bRM 34.8bRM 1.1b32.3x79.4x2.4x
Thu, 14 Nov 2024RM 79.6bRM 33.8bRM 1.1b31.6x70.7x2.4x
Sat, 12 Oct 2024RM 77.2bRM 33.0bRM 1.2b31.9x63.4x2.3x
Mon, 09 Sep 2024RM 78.5bRM 32.9bRM 1.2b33.6x64.7x2.4x
Wed, 07 Aug 2024RM 88.0bRM 32.7bRM 1.2b37.8x76.2x2.7x
Fri, 05 Jul 2024RM 102.6bRM 32.7bRM 1.2b40.6x87.7x3.1x
Sun, 02 Jun 2024RM 91.9bRM 32.6bRM 1.1b33.3x80.1x2.8x
Tue, 30 Apr 2024RM 82.3bRM 32.3bRM 999.8m28.5x82.3x2.5x
Thu, 28 Mar 2024RM 81.2bRM 32.7bRM 1.1b27.1x77x2.5x
Sat, 24 Feb 2024RM 81.2bRM 32.9bRM 860.3m25.1x94.4x2.5x
Mon, 22 Jan 2024RM 79.3bRM 33.4bRM 910.0m24.7x87.1x2.4x
Wed, 20 Dec 2023RM 79.4bRM 33.6bRM 926.9m25.1x85.7x2.4x
Fri, 17 Nov 2023RM 79.2bRM 33.6bRM 1.2b25.2x65.6x2.4x
Sun, 15 Oct 2023RM 78.7bRM 33.8bRM 1.3b24.6x61.4x2.3x
Tue, 12 Sep 2023RM 79.5bRM 33.5bRM 1.3b24.9x63.3x2.4x
Thu, 10 Aug 2023RM 80.9bRM 34.4bRM 1.5b23.2x53.5x2.3x
Sat, 08 Jul 2023RM 78.0bRM 34.6bRM 1.8b23x44.4x2.3x
Mon, 05 Jun 2023RM 75.9bRM 34.4bRM 1.8b20.1x42.8x2.2x
Wed, 03 May 2023RM 78.5bRM 35.1bRM 2.4b21.2x33.1x2.2x
Fri, 31 Mar 2023RM 78.3bRM 35.2bRM 2.4b20.1x32.3x2.2x
Sun, 26 Feb 2023RM 80.7bRM 35.6bRM 2.6b22.1x31.4x2.3x
Tue, 24 Jan 2023RM 88.4bRM 36.4bRM 2.8b23x31.2x2.4x
Price to Earnings Ratio

31.2x


Total Market Cap: RM 88.4bTotal Earnings: RM 2.8bTotal Revenue: RM 36.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Tech Sector Price to Earnings3Y Average 62x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Information Technology 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 54.5x which is lower than its 3-year average PE of 62.0x.
  • The 3-year average PS ratio of 2.2x 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 23% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.1% 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 Market1.36%
Tech2.14%
Communications8.20%
Tech Hardware5.59%
Semiconductors3.99%
Electronic Equipment and Components0.49%
Software-0.93%
IT-4.80%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 52.5x.
    • Analysts are expecting annual earnings growth of 32.7%, which is higher than its past year's earnings growth of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 12% 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
GREATEC Greatech Technology BerhadRM 1.6911.2%
+RM 427.5m		-23.2%PE31.8x
INARI Inari Amertron BerhadRM 1.965.4%
+RM 379.4m		-28.2%PE30.2x
MI Mi Technovation BerhadRM 3.399.7%
+RM 266.7m		54.1%PE33.5x
MPI Malaysian Pacific Industries BerhadRM 34.483.5%
+RM 235.3m		48.1%PE38.9x
UNISEM Unisem (M) BerhadRM 3.404.3%
+RM 225.8m		19.3%PE126.9x

Latest News

GREATEC
RM 1.69
Greatech Technology Berhad
7D
11.2%
1Y
-23.2%

Greatech Technology Berhad (KLSE:GREATEC) Is Reinvesting At Lower Rates Of Return

Jan 16
Greatech Technology Berhad (KLSE:GREATEC) Is Reinvesting At Lower Rates Of Return
MI
RM 3.39
Mi Technovation Berhad
7D
9.7%
1Y
54.1%

Earnings Tell The Story For Mi Technovation Berhad (KLSE:MI) As Its Stock Soars 26%

Jan 15
Earnings Tell The Story For Mi Technovation Berhad (KLSE:MI) As Its Stock Soars 26%
MMAG
RM 0.045
MMAG Holdings Berhad
7D
-30.8%
1Y
-90.4%

Slammed 29% MMAG Holdings Berhad (KLSE:MMAG) Screens Well Here But There Might Be A Catch

Jan 15
Slammed 29% MMAG Holdings Berhad (KLSE:MMAG) Screens Well Here But There Might Be A Catch
VS
RM 0.48
V.S. Industry Berhad
7D
-2.0%
1Y
-55.6%
NE
RM 0.65
Northeast Group Berhad
7D
-28.2%
1Y
23.8%
MPI
RM 34.48
Malaysian Pacific Industries Berhad
7D
3.5%
1Y
48.1%

Should You Think About Buying Malaysian Pacific Industries Berhad (KLSE:MPI) Now?

Jan 09
Should You Think About Buying Malaysian Pacific Industries Berhad (KLSE:MPI) Now?
LGMS
RM 0.52
LGMS Berhad
7D
-9.6%
1Y
-54.4%

LGMS Berhad (KLSE:LGMS) Could Be Struggling To Allocate Capital

Jan 09
LGMS Berhad (KLSE:LGMS) Could Be Struggling To Allocate Capital
DNEX
RM 0.34
Dagang NeXchange Berhad
7D
-1.4%
1Y
-11.5%

Dagang NeXchange Berhad's (KLSE:DNEX) Shares Leap 33% Yet They're Still Not Telling The Full Story

Jan 08
Dagang NeXchange Berhad's (KLSE:DNEX) Shares Leap 33% Yet They're Still Not Telling The Full Story
UNISEM
RM 3.40
Unisem (M) Berhad
7D
4.3%
1Y
19.3%

Unisem (M) Berhad's (KLSE:UNISEM) Popularity With Investors Is Clear

Jan 07
Unisem (M) Berhad's (KLSE:UNISEM) Popularity With Investors Is Clear
IAB
RM 1.84
Insights Analytics Berhad
7D
-3.2%
1Y
n/a
NEXG
RM 0.30
NEXG Berhad
7D
-7.6%
1Y
-22.8%

Does NEXG Berhad (KLSE:NEXG) Have A Healthy Balance Sheet?

Dec 29
Does NEXG Berhad (KLSE:NEXG) Have A Healthy Balance Sheet?
INARI
RM 1.96
Inari Amertron Berhad
7D
5.4%
1Y
-28.2%
NATGATE
RM 1.06
NationGate Holdings Berhad
7D
3.9%
1Y
-51.8%
JCY
RM 0.40
JCY International Berhad
7D
8.2%
1Y
-17.7%

Some Confidence Is Lacking In JCY International Berhad (KLSE:JCY) As Shares Slide 26%

Nov 28
Some Confidence Is Lacking In JCY International Berhad (KLSE:JCY) As Shares Slide 26%
CLOUDPT
RM 0.65
Cloudpoint Technology Berhad
7D
-8.5%
1Y
-32.5%
THMY
RM 1.12
THMY Holdings Berhad
7D
9.8%
1Y
n/a