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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 18, 2026
DataAggregated Company Financials
Companies28
- 7D-4.8%
- 3M-31.5%
- 1Y-38.8%
- YTD0.3%
Over the last 7 days, the IT industry has dropped 4.8%, driven by NEXG Berhad declining 7.6%. In contrast, Infomina Berhad has gained 6.7%. Overall the industry is down 39% in 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 18 Jan 2026 | RM 4.5b | RM 3.6b | RM 247.1m | 15.6x | 18.1x | 1.2x |
| Tue, 16 Dec 2025 | RM 4.7b | RM 3.6b | RM 242.1m | 15.1x | 19.3x | 1.3x |
| Thu, 13 Nov 2025 | RM 4.8b | RM 3.2b | RM 106.0m | 16.8x | 45.5x | 1.5x |
| Sat, 11 Oct 2025 | RM 7.2b | RM 3.2b | RM 105.8m | 18.7x | 68.1x | 2.3x |
| Mon, 08 Sep 2025 | RM 6.4b | RM 3.2b | RM 61.5m | 16.2x | 103.3x | 2x |
| Wed, 06 Aug 2025 | RM 6.6b | RM 3.1b | RM 23.8m | 17.8x | 275.4x | 2.1x |
| Fri, 04 Jul 2025 | RM 5.8b | RM 2.8b | RM 46.1m | 18.6x | 125.7x | 2.1x |
| Sun, 01 Jun 2025 | RM 6.0b | RM 3.1b | RM 3.0m | 20.4x | 2018.6x | 1.9x |
| Tue, 29 Apr 2025 | RM 6.1b | RM 3.0b | -RM 3,197,447.00 | 19.8x | -1895x | 2x |
| Thu, 27 Mar 2025 | RM 5.9b | RM 3.0b | -RM 2,561,447.00 | 20.5x | -2311.9x | 2x |
| Sat, 22 Feb 2025 | RM 6.2b | RM 3.1b | RM 33.6m | 21.5x | 184x | 2x |
| Mon, 20 Jan 2025 | RM 6.5b | RM 3.1b | -RM 32,712,507.00 | 26x | -199.4x | 2.1x |
| Wed, 18 Dec 2024 | RM 6.7b | RM 3.1b | -RM 32,607,186.00 | 27.2x | -205.2x | 2.1x |
| Fri, 15 Nov 2024 | RM 6.7b | RM 3.2b | -RM 20,382,634.00 | 27.6x | -326.5x | 2.1x |
| Sun, 13 Oct 2024 | RM 6.6b | RM 3.1b | -RM 63,891,108.00 | 28.8x | -102.8x | 2.1x |
| Tue, 10 Sep 2024 | RM 6.3b | RM 3.1b | -RM 45,529,758.00 | 27x | -138.7x | 2x |
| Thu, 08 Aug 2024 | RM 6.3b | RM 3.1b | -RM 52,138,270.00 | 35.1x | -120.9x | 2x |
| Sat, 06 Jul 2024 | RM 6.8b | RM 3.1b | -RM 54,633,725.00 | 30.6x | -124.4x | 2.2x |
| Mon, 03 Jun 2024 | RM 5.6b | RM 3.1b | -RM 24,291,361.00 | 23.5x | -231.9x | 1.8x |
| Wed, 01 May 2024 | RM 5.3b | RM 3.1b | -RM 21,878,032.00 | 25.9x | -241x | 1.7x |
| Fri, 29 Mar 2024 | RM 5.0b | RM 3.2b | -RM 7,938,032.00 | 22.3x | -635.1x | 1.6x |
| Sun, 25 Feb 2024 | RM 5.0b | RM 3.2b | -RM 4,972,162.00 | 19.5x | -1000.5x | 1.6x |
| Tue, 23 Jan 2024 | RM 4.8b | RM 3.2b | -RM 2,338,481.00 | 17.5x | -2049.6x | 1.5x |
| Thu, 21 Dec 2023 | RM 5.0b | RM 3.2b | -RM 6,233,481.00 | 17.3x | -795.8x | 1.5x |
| Sat, 18 Nov 2023 | RM 5.0b | RM 3.1b | RM 11.0m | 21.2x | 455.6x | 1.6x |
| Mon, 16 Oct 2023 | RM 4.9b | RM 3.1b | RM 9.5m | 19.6x | 508.3x | 1.6x |
| Wed, 13 Sep 2023 | RM 4.9b | RM 3.1b | RM 10.6m | 18.1x | 461.7x | 1.6x |
| Fri, 11 Aug 2023 | RM 4.9b | RM 3.0b | RM 28.1m | 20.8x | 174.5x | 1.6x |
| Sun, 09 Jul 2023 | RM 5.0b | RM 3.0b | RM 5.8m | 22.1x | 864.8x | 1.7x |
| Tue, 06 Jun 2023 | RM 6.3b | RM 4.4b | -RM 5,076,724.00 | 19.3x | -1247.9x | 1.4x |
| Thu, 04 May 2023 | RM 6.3b | RM 4.3b | RM 359.0m | 19.3x | 17.4x | 1.4x |
| Sat, 01 Apr 2023 | RM 6.3b | RM 4.3b | RM 356.6m | 22.4x | 17.6x | 1.5x |
| Mon, 27 Feb 2023 | RM 8.2b | RM 5.1b | RM 377.6m | 26.1x | 21.8x | 1.6x |
| Wed, 25 Jan 2023 | RM 15.2b | RM 5.7b | RM 773.4m | 29.9x | 19.6x | 2.7x |
Price to Earnings Ratio
19.6x
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 18.1x 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 1.2x.
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 | 1.35% | |
| Tech | 2.14% | |
| IT | -4.80% | |
| Data Processing Services | -1.17% | |
| IT Consulting | -4.69% | |
| Internet Services and Infrastructure | -7.87% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 19.4x.
- 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 12% 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 12% 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 | |
|---|---|---|---|---|---|
| INFOM Infomina Berhad | RM 1.44 | 6.7% +RM 54.1m | 10.8% | PE40.4x | |
| LYC LYC Healthcare Berhad | RM 0.025 | 25.0% +RM 3.7m | -73.7% | PS0.1x | |
| GOHUB Go Hub Capital Berhad | RM 0.58 | 0.9% +RM 2.0m | -51.2% | PE46.7x | |
| EDARAN Edaran Berhad | RM 1.21 | 1.7% +RM 1.2m | -23.4% | PE16.4x |
