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Apr 07
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Malaysian (KLSE) Tech Sector Analysis
UpdatedApr 18, 2025
DataAggregated Company Financials
Companies120
- 7D1.2%
- 3M-28.9%
- 1Y-31.6%
- YTD-34.4%
In the last week, the Tech industry is up 1.2%, with NEXG Berhad up 37%. In contrast, the industry has lost 32% in the last 12 months. Looking forward, earnings are forecast to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Sat, 19 Apr 2025 | RM 57.1b | RM 37.5b | RM 1.1b | 18.4x | 53.6x | 1.5x |
| Mon, 17 Mar 2025 | RM 63.0b | RM 37.5b | RM 1.1b | 20.9x | 55.8x | 1.7x |
| Wed, 12 Feb 2025 | RM 77.8b | RM 34.7b | RM 1.1b | 28.1x | 70.9x | 2.2x |
| Fri, 10 Jan 2025 | RM 84.2b | RM 34.8b | RM 1.1b | 30.9x | 80.1x | 2.4x |
| Sun, 08 Dec 2024 | RM 82.3b | RM 34.8b | RM 1.1b | 31.8x | 77.4x | 2.4x |
| Tue, 05 Nov 2024 | RM 77.1b | RM 33.1b | RM 1.2b | 31.6x | 63.6x | 2.3x |
| Thu, 03 Oct 2024 | RM 78.8b | RM 33.0b | RM 1.2b | 32x | 64.1x | 2.4x |
| Sat, 31 Aug 2024 | RM 83.5b | RM 33.0b | RM 1.2b | 34.9x | 69.2x | 2.5x |
| Mon, 29 Jul 2024 | RM 99.2b | RM 32.7b | RM 1.2b | 42.4x | 85.4x | 3x |
| Wed, 26 Jun 2024 | RM 97.9b | RM 32.8b | RM 1.2b | 37.4x | 84.6x | 3x |
| Fri, 24 May 2024 | RM 93.7b | RM 32.4b | RM 1.1b | 30.5x | 83.4x | 2.9x |
| Sun, 21 Apr 2024 | RM 79.3b | RM 32.2b | RM 1.0b | 26.7x | 77.8x | 2.5x |
| Tue, 19 Mar 2024 | RM 79.1b | RM 32.6b | RM 1.0b | 28.2x | 76.2x | 2.4x |
| Thu, 15 Feb 2024 | RM 77.3b | RM 33.0b | RM 892.2m | 24.9x | 86.7x | 2.3x |
| Sat, 13 Jan 2024 | RM 80.7b | RM 33.4b | RM 906.1m | 24.7x | 89.1x | 2.4x |
| Mon, 11 Dec 2023 | RM 78.1b | RM 33.6b | RM 936.9m | 24.7x | 83.4x | 2.3x |
| Wed, 08 Nov 2023 | RM 78.8b | RM 33.7b | RM 1.2b | 24.4x | 64.1x | 2.3x |
| Fri, 06 Oct 2023 | RM 79.0b | RM 33.8b | RM 1.3b | 23.5x | 61.7x | 2.3x |
| Sun, 03 Sep 2023 | RM 81.2b | RM 33.5b | RM 1.3b | 25x | 64.1x | 2.4x |
| Tue, 01 Aug 2023 | RM 81.2b | RM 34.4b | RM 1.5b | 23.2x | 53.8x | 2.4x |
| Thu, 29 Jun 2023 | RM 77.8b | RM 34.5b | RM 1.8b | 23x | 44.4x | 2.3x |
| Sat, 27 May 2023 | RM 74.3b | RM 34.8b | RM 2.3b | 20x | 33x | 2.1x |
| Mon, 24 Apr 2023 | RM 78.8b | RM 35.2b | RM 2.4b | 21.1x | 32.5x | 2.2x |
| Wed, 22 Mar 2023 | RM 77.8b | RM 34.7b | RM 2.4b | 21.1x | 32.2x | 2.2x |
| Fri, 17 Feb 2023 | RM 83.2b | RM 35.6b | RM 2.5b | 23x | 33.4x | 2.3x |
| Sun, 15 Jan 2023 | RM 86.8b | RM 36.4b | RM 2.8b | 22.4x | 30.7x | 2.4x |
| Tue, 13 Dec 2022 | RM 81.7b | RM 35.4b | RM 2.8b | 22x | 29.4x | 2.3x |
| Thu, 10 Nov 2022 | RM 71.4b | RM 34.7b | RM 2.8b | 20.9x | 25.7x | 2.1x |
| Sat, 08 Oct 2022 | RM 74.7b | RM 34.6b | RM 2.8b | 21.8x | 26.8x | 2.2x |
| Mon, 05 Sep 2022 | RM 76.1b | RM 34.5b | RM 2.8b | 22x | 27.2x | 2.2x |
| Wed, 03 Aug 2022 | RM 77.1b | RM 32.2b | RM 2.2b | 21.9x | 35.1x | 2.4x |
| Fri, 01 Jul 2022 | RM 74.3b | RM 32.2b | RM 2.1b | 21.5x | 34.6x | 2.3x |
| Sun, 29 May 2022 | RM 78.1b | RM 32.5b | RM 2.2b | 20.4x | 36x | 2.4x |
| Tue, 26 Apr 2022 | RM 80.8b | RM 32.0b | RM 2.2b | 21.6x | 37.1x | 2.5x |
Price to Earnings Ratio
37.1x
Current Industry PE
- Investors are relatively neutral on the Malaysian Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 56.1x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 21% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% 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 Market | 1.84% | |
| Tech | 1.15% | |
| IT | 6.92% | |
| Software | 5.11% | |
| Communications | 2.68% | |
| Tech Hardware | 1.98% | |
| Electronic Equipment and Components | 0.77% | |
| Semiconductors | -0.17% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry, which is trading close to its 3-year average PE ratio of 56.8x.
- Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings decline of 4.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Software industry is expected to see its earnings decline by 13% 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 | |
|---|---|---|---|---|---|
| INARI Inari Amertron Berhad | RM 1.74 | 4.8% +RM 303.1m | -43.0% | PE27.2x | |
| NEXG NEXG Berhad | RM 0.32 | 33.3% +RM 222.6m | -26.4% | PE8.1x | |
| ATECH Aurelius Technologies Berhad | RM 3.04 | 11.8% +RM 138.7m | 18.3% | PE21.6x | |
| SKPRES SKP Resources Bhd | RM 0.86 | 10.9% +RM 132.8m | 0% | PE12.6x | |
| MPI Malaysian Pacific Industries Berhad | RM 15.46 | 4.5% +RM 131.6m | -50.3% | PE16.6x |