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Malaysian (KLSE) Tech Sector Analysis
UpdatedMar 15, 2026
DataAggregated Company Financials
Companies124
- 7D-1.2%
- 3M-10.1%
- 1Y-8.1%
- YTD-7.3%
Over the last 7 days, the Tech industry has dropped 1.2%, driven by pullbacks in Mi Technovation Berhad and Unisem (M) Berhad of 5.6% and 3.2%, respectively. Meanwhile, D & O Green Technologies Berhad actually outperformed within the industry, gaining 25% in the last week. Overall the industry is down 8.1% in 12 months. Earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Mon, 16 Mar 2026 | RM 60.8b | RM 44.4b | RM 776.8m | 18x | 78.3x | 1.4x |
| Wed, 11 Feb 2026 | RM 65.4b | RM 44.9b | RM 1.3b | 17.3x | 49.5x | 1.5x |
| Fri, 09 Jan 2026 | RM 68.6b | RM 44.8b | RM 1.3b | 19.8x | 52.2x | 1.5x |
| Sun, 07 Dec 2025 | RM 67.1b | RM 44.7b | RM 1.3b | 18x | 50.9x | 1.5x |
| Tue, 04 Nov 2025 | RM 74.6b | RM 44.5b | RM 1.2b | 21.9x | 63.5x | 1.7x |
| Thu, 02 Oct 2025 | RM 72.6b | RM 44.3b | RM 1.2b | 21.1x | 63.1x | 1.6x |
| Sat, 30 Aug 2025 | RM 68.6b | RM 43.4b | RM 1.3b | 18.5x | 53.4x | 1.6x |
| Mon, 28 Jul 2025 | RM 66.1b | RM 40.8b | RM 1.4b | 20.4x | 48.5x | 1.6x |
| Wed, 25 Jun 2025 | RM 63.4b | RM 39.9b | RM 1.3b | 19.6x | 47.9x | 1.6x |
| Fri, 23 May 2025 | RM 63.8b | RM 37.7b | RM 1.0b | 20.6x | 61.6x | 1.7x |
| Sun, 20 Apr 2025 | RM 58.1b | RM 37.5b | RM 1.1b | 18.8x | 54.5x | 1.5x |
| Tue, 18 Mar 2025 | RM 63.9b | RM 37.5b | RM 1.1b | 21.2x | 56.7x | 1.7x |
| Thu, 13 Feb 2025 | RM 76.8b | RM 34.7b | RM 1.1b | 27.8x | 70x | 2.2x |
| Sat, 11 Jan 2025 | RM 83.6b | RM 34.8b | RM 1.1b | 30.4x | 79.6x | 2.4x |
| Mon, 09 Dec 2024 | RM 82.3b | RM 34.8b | RM 1.1b | 31.8x | 77.4x | 2.4x |
| Wed, 06 Nov 2024 | RM 78.0b | RM 33.4b | RM 1.2b | 31.1x | 62.8x | 2.3x |
| Fri, 04 Oct 2024 | RM 76.6b | RM 33.0b | RM 1.2b | 31.9x | 63.3x | 2.3x |
| Sun, 01 Sep 2024 | RM 83.5b | RM 33.0b | RM 1.2b | 34.7x | 69.8x | 2.5x |
| Tue, 30 Jul 2024 | RM 99.8b | RM 32.7b | RM 1.2b | 42x | 85.8x | 3.1x |
| Thu, 27 Jun 2024 | RM 97.9b | RM 32.8b | RM 1.2b | 38.3x | 84.7x | 3x |
| Sat, 25 May 2024 | RM 94.2b | RM 32.5b | RM 1.1b | 31.5x | 82.6x | 2.9x |
| Mon, 22 Apr 2024 | RM 79.3b | RM 32.2b | RM 1.0b | 26.7x | 77.8x | 2.5x |
| Wed, 20 Mar 2024 | RM 79.5b | RM 32.6b | RM 1.0b | 27.9x | 76.5x | 2.4x |
| Fri, 16 Feb 2024 | RM 78.2b | RM 33.0b | RM 892.2m | 25.2x | 87.6x | 2.4x |
| Sun, 14 Jan 2024 | RM 80.7b | RM 33.4b | RM 906.1m | 24.7x | 89.1x | 2.4x |
| Tue, 12 Dec 2023 | RM 78.5b | RM 33.6b | RM 936.9m | 24.8x | 83.8x | 2.3x |
| Thu, 09 Nov 2023 | RM 78.9b | RM 33.7b | RM 1.2b | 25.4x | 64.3x | 2.3x |
| Sat, 07 Oct 2023 | RM 78.2b | RM 33.8b | RM 1.3b | 23.9x | 61x | 2.3x |
| Mon, 04 Sep 2023 | RM 81.2b | RM 33.5b | RM 1.3b | 25x | 64.1x | 2.4x |
| Wed, 02 Aug 2023 | RM 80.8b | RM 34.5b | RM 1.5b | 23.2x | 52.6x | 2.3x |
| Fri, 30 Jun 2023 | RM 78.2b | RM 34.6b | RM 1.8b | 23x | 44.5x | 2.3x |
| Sun, 28 May 2023 | RM 74.3b | RM 34.9b | RM 2.3b | 19.8x | 32.5x | 2.1x |
| Tue, 25 Apr 2023 | RM 78.8b | RM 35.2b | RM 2.4b | 21.1x | 32.8x | 2.2x |
| Thu, 23 Mar 2023 | RM 78.4b | RM 34.7b | RM 2.4b | 21.1x | 32.4x | 2.3x |
Price to Earnings Ratio
32.4x
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 78.3x which is higher than its 3-year average PE of 63.3x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.5% 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 | -1.09% | |
| Tech | -1.23% | |
| Software | 3.68% | |
| IT | -0.61% | |
| Semiconductors | -0.71% | |
| Electronic Equipment and Components | -2.93% | |
| Tech Hardware | -5.48% | |
| Communications | -6.85% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 58.3x.
- Analysts are expecting annual earnings growth of 28.0%, which is lower than the prior year's growth of 37.7% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings growth rate of 7.6% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| D&O D & O Green Technologies Berhad | RM 0.55 | 25.3% +RM 177.8m | -63.2% | PS0.9x | |
| IAB Insights Analytics Berhad | RM 1.57 | 18.0% +RM 132.0m | n/a | PE45.5x | |
| INARI Inari Amertron Berhad | RM 1.34 | 1.5% +RM 76.1m | -32.3% | PE25.7x | |
| SKPRES SKP Resources Bhd | RM 0.46 | 3.4% +RM 23.4m | -52.6% | PE7.2x | |
| GENETEC Genetec Technology Berhad | RM 0.19 | 15.2% +RM 19.3m | -83.8% | PS0.8x |