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Malaysian (KLSE) IT Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies30
  • 7D0.04%
  • 3M-8.6%
  • 1Y-35.2%
  • YTD-7.3%

Last week, the IT industry hasn't moved much but ICT Zone Asia Berhad is up 8.8% in that time. Unfortunately though, the industry is down 35% over the past 12 months. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Malaysian IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026RM 4.4bRM 4.2bRM 97.0m12x45.3x1x
Fri, 20 Feb 2026RM 4.5bRM 3.6bRM 242.8m12.7x18.4x1.2x
Sun, 18 Jan 2026RM 4.5bRM 3.6bRM 247.1m15.6x18.1x1.2x
Tue, 16 Dec 2025RM 4.7bRM 3.6bRM 242.1m15.1x19.3x1.3x
Thu, 13 Nov 2025RM 4.8bRM 3.2bRM 106.0m16.8x45.5x1.5x
Sat, 11 Oct 2025RM 7.2bRM 3.2bRM 105.8m18.7x68.1x2.3x
Mon, 08 Sep 2025RM 6.4bRM 3.2bRM 61.5m16.2x103.3x2x
Wed, 06 Aug 2025RM 6.6bRM 3.1bRM 23.8m17.8x275.4x2.1x
Fri, 04 Jul 2025RM 5.8bRM 2.8bRM 46.1m18.6x125.7x2.1x
Sun, 01 Jun 2025RM 6.0bRM 3.1bRM 3.0m20.4x2018.6x1.9x
Tue, 29 Apr 2025RM 6.1bRM 3.0b-RM 3,197,447.0019.8x-1895x2x
Thu, 27 Mar 2025RM 5.9bRM 3.0b-RM 2,561,447.0020.5x-2311.9x2x
Sat, 22 Feb 2025RM 6.2bRM 3.1bRM 33.6m21.5x184x2x
Mon, 20 Jan 2025RM 6.5bRM 3.1b-RM 32,712,507.0026x-199.4x2.1x
Wed, 18 Dec 2024RM 6.7bRM 3.1b-RM 32,607,186.0027.2x-205.2x2.1x
Fri, 15 Nov 2024RM 6.7bRM 3.2b-RM 20,382,634.0027.6x-326.5x2.1x
Sun, 13 Oct 2024RM 6.6bRM 3.1b-RM 63,891,108.0028.8x-102.8x2.1x
Tue, 10 Sep 2024RM 6.3bRM 3.1b-RM 45,529,758.0027x-138.7x2x
Thu, 08 Aug 2024RM 6.3bRM 3.1b-RM 52,138,270.0035.1x-120.9x2x
Sat, 06 Jul 2024RM 6.8bRM 3.1b-RM 54,633,725.0030.6x-124.4x2.2x
Mon, 03 Jun 2024RM 5.6bRM 3.1b-RM 24,291,361.0023.5x-231.9x1.8x
Wed, 01 May 2024RM 5.3bRM 3.1b-RM 21,878,032.0025.9x-241x1.7x
Fri, 29 Mar 2024RM 5.0bRM 3.2b-RM 7,938,032.0022.3x-635.1x1.6x
Sun, 25 Feb 2024RM 5.0bRM 3.2b-RM 4,972,162.0019.5x-1000.5x1.6x
Tue, 23 Jan 2024RM 4.8bRM 3.2b-RM 2,338,481.0017.5x-2049.6x1.5x
Thu, 21 Dec 2023RM 5.0bRM 3.2b-RM 6,233,481.0017.3x-795.8x1.5x
Sat, 18 Nov 2023RM 5.0bRM 3.1bRM 11.0m21.2x455.6x1.6x
Mon, 16 Oct 2023RM 4.9bRM 3.1bRM 9.5m19.6x508.3x1.6x
Wed, 13 Sep 2023RM 4.9bRM 3.1bRM 10.6m18.1x461.7x1.6x
Fri, 11 Aug 2023RM 4.9bRM 3.0bRM 28.1m20.8x174.5x1.6x
Sun, 09 Jul 2023RM 5.0bRM 3.0bRM 5.8m22.1x864.8x1.7x
Tue, 06 Jun 2023RM 6.3bRM 4.4b-RM 5,076,724.0019.3x-1247.9x1.4x
Thu, 04 May 2023RM 6.3bRM 4.3bRM 359.0m19.3x17.4x1.4x
Sat, 01 Apr 2023RM 6.3bRM 4.3bRM 356.6m22.4x17.6x1.5x
Price to Earnings Ratio

17.6x


Total Market Cap: RM 6.3bTotal Earnings: RM 356.6mTotal Revenue: RM 4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -13x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.2x which is higher than its 3-year average PE of -13.1x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 35% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

MY Market0.36%
Tech-0.031%
IT0.038%
Data Processing Services1.03%
IT Consulting0.23%
Internet Services and Infrastructure-2.00%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 38.3%, which is higher than its past year's earnings growth of 7.6% per year.
  • 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 38% over the next 5 years.
  • This is better than its past earnings growth rate of 7.6% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ICTZONE ICT Zone Asia BerhadRM 0.188.8%
+RM 11.9m		n/aPE9.1x
DIGISTA Digistar Corporation BerhadRM 0.04512.5%
+RM 3.1m		0%PS0.7x
YGL Ygl Convergence BerhadRM 0.0757.1%
+RM 1.4m		-42.3%PS2.7x

Latest News

EDARAN
RM 1.06
Edaran Berhad
7D
-10.9%
1Y
-21.5%
ICTZONE
RM 0.18
ICT Zone Asia Berhad
7D
8.8%
1Y
n/a
NEXG
RM 0.27
NEXG Berhad
7D
-5.4%
1Y
0%
OGX
RM 0.30
OGX Group Berhad
7D
-6.3%
1Y
n/a
HTPADU
RM 1.49
HeiTech Padu Berhad
7D
-2.6%
1Y
-23.4%
LGMS
RM 0.49
LGMS Berhad
7D
-2.9%
1Y
-45.6%
FSBM
RM 0.20
FSBM Holdings Berhad
7D
-4.7%
1Y
-2.4%
TECHSTORE
RM 0.24
TechStore Berhad
7D
-4.0%
1Y
23.1%
YGL
RM 0.075
Ygl Convergence Berhad
7D
7.1%
1Y
-42.3%
INFOM
RM 1.10
Infomina Berhad
7D
-2.7%
1Y
4.8%
DIGISTA
RM 0.045
Digistar Corporation Berhad
7D
12.5%
1Y
0%