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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies28
- 7D5.2%
- 3M-34.1%
- 1Y-38.2%
- YTD5.3%
Over the last 7 days, the IT industry has risen 5.2%, driven by gains from NEXG Berhad of 16%. Meanwhile, MMAG Holdings Berhad actually underperformed within the industry, shrinking 7.1% in the last week. However, the industry is down 38% over the past year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Malaysian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 10 Jan 2026 | RM 4.7b | RM 3.6b | RM 246.9m | 16.1x | 19.1x | 1.3x |
| Mon, 08 Dec 2025 | RM 4.8b | RM 3.6b | RM 242.1m | 16x | 19.8x | 1.3x |
| Wed, 05 Nov 2025 | RM 4.9b | RM 3.2b | RM 105.5m | 17x | 46.6x | 1.6x |
| Fri, 03 Oct 2025 | RM 7.2b | RM 3.2b | RM 105.8m | 18x | 68.4x | 2.3x |
| Sun, 31 Aug 2025 | RM 6.4b | RM 3.1b | RM 67.4m | 18x | 94.6x | 2.1x |
| Tue, 29 Jul 2025 | RM 6.5b | RM 3.0b | RM 48.0m | 17.8x | 136.1x | 2.2x |
| Thu, 26 Jun 2025 | RM 5.7b | RM 2.8b | RM 46.1m | 18.3x | 123.4x | 2x |
| Sat, 24 May 2025 | RM 6.0b | RM 3.0b | -RM 5,307,426.00 | 22.1x | -1128.3x | 2x |
| Mon, 21 Apr 2025 | RM 5.9b | RM 3.0b | -RM 3,197,447.00 | 19.6x | -1858.1x | 2x |
| Wed, 19 Mar 2025 | RM 5.8b | RM 3.0b | RM 44.5m | 21.2x | 131.1x | 2x |
| Fri, 14 Feb 2025 | RM 6.3b | RM 3.1b | RM 13.2m | 25.6x | 477.9x | 2.1x |
| Sun, 12 Jan 2025 | RM 6.8b | RM 3.1b | -RM 32,712,507.00 | 27.6x | -208x | 2.2x |
| Tue, 10 Dec 2024 | RM 6.9b | RM 3.1b | -RM 32,607,186.00 | 27x | -210.9x | 2.2x |
| Thu, 07 Nov 2024 | RM 6.4b | RM 3.1b | -RM 65,710,795.00 | 29.6x | -98x | 2x |
| Sat, 05 Oct 2024 | RM 6.4b | RM 3.1b | -RM 63,891,108.00 | 28.8x | -99.9x | 2x |
| Mon, 02 Sep 2024 | RM 6.3b | RM 3.1b | -RM 44,173,395.00 | 23.9x | -143.6x | 2x |
| Wed, 31 Jul 2024 | RM 6.7b | RM 3.1b | -RM 53,909,881.00 | 33.6x | -124.6x | 2.1x |
| Fri, 28 Jun 2024 | RM 5.9b | RM 3.1b | -RM 72,993,263.00 | 25.8x | -81.4x | 1.9x |
| Sun, 26 May 2024 | RM 6.0b | RM 3.1b | -RM 24,787,361.00 | 26.1x | -240.8x | 1.9x |
| Tue, 23 Apr 2024 | RM 5.0b | RM 3.1b | -RM 21,878,032.00 | 24.7x | -230.6x | 1.6x |
| Thu, 21 Mar 2024 | RM 5.2b | RM 3.2b | -RM 7,938,032.00 | 22.9x | -650.7x | 1.6x |
| Sat, 17 Feb 2024 | RM 5.0b | RM 3.2b | -RM 6,440,897.00 | 17.6x | -773.6x | 1.6x |
| Mon, 15 Jan 2024 | RM 5.1b | RM 3.2b | -RM 6,233,481.00 | 18.5x | -823.9x | 1.6x |
| Wed, 13 Dec 2023 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.3x | -790.2x | 1.5x |
| Fri, 10 Nov 2023 | RM 4.9b | RM 3.1b | RM 11.0m | 21.2x | 448.9x | 1.6x |
| Sun, 08 Oct 2023 | RM 4.8b | RM 3.1b | RM 9.5m | 17.5x | 500.6x | 1.5x |
| Tue, 05 Sep 2023 | RM 5.0b | RM 3.1b | RM 10.6m | 18.1x | 473.6x | 1.6x |
| Thu, 03 Aug 2023 | RM 4.9b | RM 3.0b | RM 33.3m | 21.1x | 146.8x | 1.6x |
| Sat, 01 Jul 2023 | RM 6.6b | RM 4.4b | RM 252.3k | 22.8x | 26115.2x | 1.5x |
| Mon, 29 May 2023 | RM 5.9b | RM 4.4b | RM 382.2m | 15.8x | 15.4x | 1.3x |
| Wed, 26 Apr 2023 | RM 6.4b | RM 4.3b | RM 356.9m | 23.2x | 17.8x | 1.5x |
| Fri, 24 Mar 2023 | RM 6.2b | RM 4.3b | RM 356.6m | 27.7x | 17.4x | 1.4x |
| Sun, 19 Feb 2023 | RM 8.4b | RM 5.0b | RM 386.6m | 30.6x | 21.8x | 1.7x |
| Tue, 17 Jan 2023 | RM 14.9b | RM 5.7b | RM 773.4m | 28.5x | 19.3x | 2.6x |
Price to Earnings Ratio
19.3x
Current Industry PE
- Investors are pessimistic on the Malaysian IT 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 19.1x which is higher than its 3-year average PE of -13.6x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 32% per year over the last three years,
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 1.81% | |
| Tech | 7.54% | |
| IT | 5.17% | |
| IT Consulting | 5.23% | |
| Data Processing Services | 3.97% | |
| Internet Services and Infrastructure | 3.49% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 19.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 17% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| NEXG NEXG Berhad | RM 0.33 | 15.8% +RM 157.0m | -19.5% | PE7.4x | |
| LGMS LGMS Berhad | RM 0.57 | 10.6% +RM 25.1m | -52.9% | PE25.2x | |
| HTPADU HeiTech Padu Berhad | RM 1.84 | 8.2% +RM 18.9m | -22.6% | PE13.8x | |
| CLOUDPT Cloudpoint Technology Berhad | RM 0.70 | 3.7% +RM 13.3m | -30.2% | PE17x | |
| THETA Theta Edge Berhad | RM 0.83 | 13.7% +RM 11.8m | -39.0% | PS0.8x |
