Analysis Article • Jun 02
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Malaysian (KLSE) Tech Sector Analysis
UpdatedJun 11, 2026
DataAggregated Company Financials
Companies122
- 7D-3.9%
- 3M33.4%
- 1Y19.7%
- YTD24.8%
The Tech industry is down 3.9% over the last week with Unisem (M) Berhad the worst performer, down 7.3%. Over the past 12 months, the industry was up 20%. Looking forward, earnings are forecast to grow by 27% annually.
Sector Valuation and Performance
Has the Malaysian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 11 Jun 2026 | RM 87.0b | RM 44.2b | RM 195.0m | 21x | 446x | 2x |
| Sat, 09 May 2026 | RM 74.6b | RM 44.7b | RM 475.0m | 22.4x | 157.1x | 1.7x |
| Mon, 06 Apr 2026 | RM 59.8b | RM 44.3b | RM 487.6m | 18.6x | 122.7x | 1.4x |
| Wed, 04 Mar 2026 | RM 63.4b | RM 44.2b | RM 749.7m | 19.6x | 84.5x | 1.4x |
| Fri, 30 Jan 2026 | RM 66.8b | RM 44.8b | RM 1.3b | 18.1x | 51x | 1.5x |
| Sun, 28 Dec 2025 | RM 65.8b | RM 44.9b | RM 1.3b | 17.8x | 50.2x | 1.5x |
| Tue, 25 Nov 2025 | RM 70.9b | RM 45.0b | RM 1.3b | 22.3x | 54.2x | 1.6x |
| Thu, 23 Oct 2025 | RM 74.7b | RM 44.3b | RM 1.1b | 21.3x | 66.4x | 1.7x |
| Sat, 20 Sep 2025 | RM 71.2b | RM 43.1b | RM 1.2b | 20.6x | 57.4x | 1.7x |
| Mon, 18 Aug 2025 | RM 66.7b | RM 41.2b | RM 1.3b | 20.5x | 50.2x | 1.6x |
| Wed, 16 Jul 2025 | RM 66.3b | RM 40.7b | RM 1.4b | 19.8x | 48.4x | 1.6x |
| Fri, 13 Jun 2025 | RM 65.2b | RM 40.0b | RM 1.3b | 20.6x | 50.3x | 1.6x |
| Sun, 11 May 2025 | RM 64.3b | RM 37.6b | RM 1.1b | 20.6x | 59.8x | 1.7x |
| Tue, 08 Apr 2025 | RM 52.9b | RM 37.5b | RM 1.1b | 17.2x | 49.6x | 1.4x |
| Thu, 06 Mar 2025 | RM 62.7b | RM 37.6b | RM 1.1b | 20x | 55.4x | 1.7x |
| Sat, 01 Feb 2025 | RM 76.4b | RM 34.7b | RM 1.1b | 28x | 69.7x | 2.2x |
| Mon, 30 Dec 2024 | RM 85.8b | RM 34.8b | RM 1.1b | 32.7x | 80.2x | 2.5x |
| Wed, 27 Nov 2024 | RM 78.7b | RM 33.7b | RM 1.3b | 30.7x | 62.9x | 2.3x |
| Fri, 25 Oct 2024 | RM 78.7b | RM 33.2b | RM 1.3b | 31.3x | 62.9x | 2.4x |
| Sun, 22 Sep 2024 | RM 81.3b | RM 32.9b | RM 1.2b | 33.5x | 67.1x | 2.5x |
| Tue, 20 Aug 2024 | RM 93.6b | RM 32.8b | RM 1.1b | 40.6x | 81.9x | 2.9x |
| Thu, 18 Jul 2024 | RM 105.3b | RM 32.7b | RM 1.2b | 43.3x | 90x | 3.2x |
| Sat, 15 Jun 2024 | RM 102.9b | RM 32.7b | RM 1.1b | 38.3x | 91.8x | 3.2x |
| Mon, 13 May 2024 | RM 84.2b | RM 32.3b | RM 1.0b | 29.1x | 82.7x | 2.6x |
| Wed, 10 Apr 2024 | RM 82.0b | RM 32.3b | RM 1.0b | 27.8x | 79.4x | 2.5x |
| Fri, 08 Mar 2024 | RM 78.1b | RM 32.6b | RM 1.0b | 26.4x | 75.2x | 2.4x |
| Sun, 04 Feb 2024 | RM 77.1b | RM 33.1b | RM 912.1m | 24.7x | 84.6x | 2.3x |
| Tue, 02 Jan 2024 | RM 80.1b | RM 33.4b | RM 906.1m | 24.7x | 88.4x | 2.4x |
| Thu, 30 Nov 2023 | RM 78.5b | RM 33.9b | RM 1.1b | 25x | 68.5x | 2.3x |
| Sat, 28 Oct 2023 | RM 77.0b | RM 33.7b | RM 1.2b | 24.6x | 61.9x | 2.3x |
| Mon, 25 Sep 2023 | RM 80.0b | RM 33.6b | RM 1.3b | 24.9x | 64x | 2.4x |
| Wed, 23 Aug 2023 | RM 80.3b | RM 34.3b | RM 1.5b | 23.6x | 52.5x | 2.3x |
| Fri, 21 Jul 2023 | RM 83.1b | RM 34.6b | RM 1.8b | 23.2x | 47.3x | 2.4x |
| Sun, 18 Jun 2023 | RM 79.3b | RM 34.5b | RM 1.8b | 22.1x | 45.3x | 2.3x |
Price to Earnings Ratio
45.3x
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 446x which is higher than its 3-year average PE of 74.8x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 52% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.6% 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 Market | -0.80% | |
| Tech | -3.90% | |
| Communications | 3.20% | |
| Tech Hardware | -1.56% | |
| Software | -1.98% | |
| IT | -2.89% | |
| Semiconductors | -4.08% | |
| Electronic Equipment and Components | -4.10% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 87.8x.
- Analysts are expecting annual earnings growth of 29.2%, which is lower than the prior year's growth of 39.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 40% per year.
- In contrast, the Software industry is expected to see its earnings grow by 7.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VITROX ViTrox Corporation Berhad | RM 7.28 | 7.7% +RM 985.3m | 113.5% | PE86.1x | |
| AMBEST Ambest Group Berhad | RM 0.86 | 24.5% +RM 86.7m | n/a | PE69x | |
| THMY THMY Holdings Berhad | RM 1.77 | 4.7% +RM 71.0m | n/a | PE116.1x | |
| DNEX Dagang NeXchange Berhad | RM 0.34 | 6.2% +RM 69.5m | 15.0% | PS1.2x | |
| TFP TFP Solutions Berhad | RM 0.085 | 240.0% +RM 38.7m | 183.3% | PS16.4x |