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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 12, 2026
DataAggregated Company Financials
Companies28
- 7D5.2%
- 3M-32.5%
- 1Y-38.2%
- YTD5.3%
The IT industry is up 5.2% in the last week, with NEXG Berhad up 13%. In the same time, MMAG Holdings Berhad was down 14%. In the past year, the industry is down 38%. 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 |
|---|---|---|---|---|---|---|
| Mon, 12 Jan 2026 | RM 4.7b | RM 3.6b | RM 246.9m | 16.1x | 19.1x | 1.3x |
| Wed, 10 Dec 2025 | RM 4.7b | RM 3.6b | RM 242.1m | 15.1x | 19.3x | 1.3x |
| Fri, 07 Nov 2025 | RM 4.9b | RM 3.2b | RM 105.5m | 16.7x | 46.3x | 1.5x |
| Sun, 05 Oct 2025 | RM 7.3b | RM 3.2b | RM 105.8m | 17.9x | 68.9x | 2.3x |
| Tue, 02 Sep 2025 | RM 6.4b | RM 3.2b | RM 61.3m | 17.1x | 104x | 2x |
| Thu, 31 Jul 2025 | RM 6.5b | RM 3.0b | RM 48.0m | 17.8x | 134.7x | 2.2x |
| Sat, 28 Jun 2025 | RM 5.7b | RM 2.8b | RM 46.1m | 18.5x | 122.6x | 2x |
| Mon, 26 May 2025 | RM 6.0b | RM 3.0b | -RM 4,444,426.00 | 22.1x | -1347.4x | 2x |
| Wed, 23 Apr 2025 | RM 5.9b | RM 3.0b | -RM 3,197,447.00 | 19.6x | -1844.2x | 2x |
| Fri, 21 Mar 2025 | RM 6.1b | RM 3.0b | RM 44.5m | 21.2x | 137.2x | 2.1x |
| Sun, 16 Feb 2025 | RM 6.3b | RM 3.1b | RM 13.2m | 25.2x | 475.8x | 2.1x |
| Tue, 14 Jan 2025 | RM 6.6b | RM 3.1b | -RM 32,712,507.00 | 26.7x | -203.2x | 2.1x |
| Thu, 12 Dec 2024 | RM 6.9b | RM 3.1b | -RM 32,607,186.00 | 27x | -210.4x | 2.2x |
| Sat, 09 Nov 2024 | RM 6.4b | RM 3.1b | -RM 65,742,602.00 | 26.7x | -96.8x | 2x |
| Mon, 07 Oct 2024 | RM 6.4b | RM 3.1b | -RM 63,891,108.00 | 28.8x | -99.9x | 2x |
| Wed, 04 Sep 2024 | RM 6.5b | RM 3.1b | -RM 44,058,395.00 | 30.1x | -148.3x | 2.1x |
| Fri, 02 Aug 2024 | RM 6.8b | RM 3.1b | -RM 53,909,881.00 | 34.4x | -125.5x | 2.2x |
| Sun, 30 Jun 2024 | RM 6.0b | RM 3.1b | -RM 72,993,263.00 | 26.1x | -81.9x | 1.9x |
| Tue, 28 May 2024 | RM 5.9b | RM 3.1b | -RM 24,787,361.00 | 26x | -236.7x | 1.9x |
| Thu, 25 Apr 2024 | RM 5.2b | RM 3.1b | -RM 21,878,032.00 | 25x | -236.7x | 1.7x |
| Sat, 23 Mar 2024 | RM 5.2b | RM 3.2b | -RM 7,938,032.00 | 23.5x | -651.8x | 1.6x |
| Mon, 19 Feb 2024 | RM 5.0b | RM 3.2b | -RM 6,440,897.00 | 17.6x | -773.6x | 1.6x |
| Wed, 17 Jan 2024 | RM 5.0b | RM 3.2b | -RM 6,233,481.00 | 18x | -809.1x | 1.6x |
| Fri, 15 Dec 2023 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.4x | -791.1x | 1.5x |
| Sun, 12 Nov 2023 | RM 5.0b | RM 3.1b | RM 11.0m | 21.2x | 454.5x | 1.6x |
| Tue, 10 Oct 2023 | RM 4.8b | RM 3.1b | RM 9.5m | 17.8x | 502.9x | 1.5x |
| Thu, 07 Sep 2023 | RM 4.9b | RM 3.1b | RM 10.6m | 18.3x | 464.5x | 1.6x |
| Sat, 05 Aug 2023 | RM 5.0b | RM 3.0b | RM 26.8m | 21x | 185.2x | 1.7x |
| Mon, 03 Jul 2023 | RM 5.1b | RM 3.0b | RM 5.8m | 22.8x | 873.9x | 1.7x |
| Wed, 31 May 2023 | RM 6.0b | RM 4.3b | RM 88.7m | 18.9x | 67.4x | 1.4x |
| Fri, 28 Apr 2023 | RM 6.3b | RM 4.3b | RM 356.9m | 23.3x | 17.8x | 1.5x |
| Sun, 26 Mar 2023 | RM 6.3b | RM 4.3b | RM 356.6m | 22.3x | 17.6x | 1.5x |
| Tue, 21 Feb 2023 | RM 8.4b | RM 5.0b | RM 386.6m | 30.6x | 21.7x | 1.7x |
| Thu, 19 Jan 2023 | RM 15.1b | RM 5.7b | RM 773.4m | 27.9x | 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 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 | 7.55% | |
| IT | 5.17% | |
| IT Consulting | 5.23% | |
| Data Processing Services | 4.68% | |
| 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 0.32 | 12.5% +RM 122.1m | -21.3% | PE7.1x | |
| LGMS LGMS Berhad | RM 0.56 | 9.8% +RM 22.8m | -52.9% | PE24.5x | |
| INFOM Infomina Berhad | RM 1.37 | 1.5% +RM 12.0m | 5.4% | PE38.8x | |
| THETA Theta Edge Berhad | RM 0.82 | 11.5% +RM 10.0m | -38.4% | PS0.8x | |
| DATAPRP Dataprep Holdings Bhd | RM 0.08 | 6.7% +RM 4.2m | -40.7% | PS10.5x |
