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Malaysian (KLSE) Tech Sector Analysis

UpdatedFeb 26, 2024
DataAggregated Company Financials
Companies114
  • 7D3.3%
  • 3M3.0%
  • 1Y-1.5%
  • YTD2.0%

In the last week, the Tech industry is up 3.3%, with Malaysian Pacific Industries Berhad up 7.5%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Feb 2024RM81.2bRM32.9bRM844.2m28x96.2x2.5x
Wed, 24 Jan 2024RM79.8bRM33.4bRM910.0m25x87.7x2.4x
Fri, 22 Dec 2023RM80.2bRM33.4bRM909.0m24.7x88.3x2.4x
Sun, 19 Nov 2023RM78.7bRM33.5bRM1.2b24.9x67.2x2.4x
Tue, 17 Oct 2023RM78.7bRM33.8bRM1.3b24.6x61.4x2.3x
Thu, 14 Sep 2023RM79.0bRM33.5bRM1.3b25.4x62.9x2.4x
Sat, 12 Aug 2023RM81.2bRM34.4bRM1.5b23.2x53.7x2.4x
Mon, 10 Jul 2023RM78.0bRM34.6bRM1.8b23x44.4x2.3x
Wed, 07 Jun 2023RM75.7bRM34.4bRM1.8b20.6x42.7x2.2x
Fri, 05 May 2023RM77.5bRM35.1bRM2.4b21x32.7x2.2x
Sun, 02 Apr 2023RM78.7bRM35.2bRM2.4b20.3x32.4x2.2x
Tue, 28 Feb 2023RM79.9bRM35.6bRM2.6b21.4x31.1x2.2x
Thu, 26 Jan 2023RM88.4bRM36.4bRM2.8b23.7x31.2x2.4x
Sat, 24 Dec 2022RM82.2bRM35.8bRM2.8b22.5x29.3x2.3x
Mon, 21 Nov 2022RM72.2bRM34.7bRM2.8b22x26.1x2.1x
Wed, 19 Oct 2022RM71.7bRM34.6bRM2.8b21.8x25.8x2.1x
Fri, 16 Sep 2022RM77.8bRM34.5bRM2.8b22x27.8x2.3x
Sun, 14 Aug 2022RM79.7bRM32.2bRM2.2b22.5x36.5x2.5x
Tue, 12 Jul 2022RM72.1bRM32.1bRM2.1b20.4x33.7x2.2x
Thu, 09 Jun 2022RM81.3bRM32.3bRM2.2b22.6x37.7x2.5x
Sat, 07 May 2022RM78.8bRM32.2bRM2.2b21.5x35.5x2.5x
Mon, 04 Apr 2022RM88.3bRM32.0bRM2.2b22.3x40.8x2.8x
Wed, 02 Mar 2022RM87.2bRM31.8bRM2.3b22.9x37.1x2.7x
Fri, 28 Jan 2022RM90.2bRM30.8bRM2.1b25.9x42.1x2.9x
Sun, 26 Dec 2021RM105.5bRM30.8bRM2.1b29.7x49.9x3.4x
Tue, 23 Nov 2021RM111.6bRM30.6bRM2.1b29.3x53.3x3.6x
Thu, 21 Oct 2021RM112.1bRM31.0bRM2.1b29x53.8x3.6x
Sat, 18 Sep 2021RM109.2bRM30.9bRM2.0b31.3x54.6x3.5x
Mon, 16 Aug 2021RM105.4bRM30.9bRM2.0b29.6x52.6x3.4x
Mon, 31 May 2021RM92.7bRM29.3bRM1.8b30.3x52x3.2x
Thu, 04 Mar 2021RM101.6bRM27.3bRM1.3b36.7x77.6x3.7x
Price to Earnings Ratio

77.6x


Total Market Cap: RM101.6bTotal Earnings: RM1.3bTotal Revenue: RM27.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Tech Sector Price to Earnings3Y Average 47.6x202220232024
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 96.2x which is higher than its 3-year average PE of 47.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.3% 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 Market0.87%
Tech3.32%
Semiconductors4.67%
Electronic Equipment and Components2.26%
IT-0.16%
Software-1.96%
Communications-2.49%
Tech Hardware-2.69%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 42.7x.
    • Analysts are expecting annual earnings growth of 21.6%, which is higher than its past year's earnings decline of 14.5% 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 decline of 34% per year.
  • In contrast, the IT industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MPI Malaysian Pacific Industries BerhadRM28.507.5%
+RM397.8m
-3.4%PE145.5x
VITROX ViTrox Corporation BerhadRM7.324.3%
+RM283.6m
-7.9%PE53.9x
GREATEC Greatech Technology BerhadRM4.904.0%
+RM238.3m
0%PE39.8x
UNISEM Unisem (M) BerhadRM3.324.4%
+RM234.2m
9.9%PE46.9x
D&O D & O Green Technologies BerhadRM3.494.2%
+RM226.2m
-21.4%PE179.4x
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Latest News

GREATEC

RM4.90

Greatech Technology Berhad

7D

3.4%

1Y

-2.6%

MPI

RM28.88

Malaysian Pacific Industries Berhad

7D

9.0%

1Y

-2.1%

FPGROUP

RM0.39

FoundPac Group Berhad

7D

-6.0%

1Y

-9.3%

COMCORP

RM1.45

Comintel Corporation Bhd

7D

-2.0%

1Y

70.6%

VS

RM0.77

V.S. Industry Berhad

7D

5.5%

1Y

-15.4%

INARI

RM3.30

Inari Amertron Berhad

7D

2.8%

1Y

36.4%

JCY

RM0.23

JCY International Berhad

7D

-4.2%

1Y

27.8%

DSONIC

RM0.47

Datasonic Group Berhad

7D

-1.1%

1Y

3.3%

UCHITEC

RM4.07

Uchi Technologies Berhad

7D

-0.7%

1Y

26.8%

KGROUP

RM0.005

Key Alliance Group Berhad

7D

-50.0%

1Y

-50.0%