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- 7D-4.4%
- 3M-10.5%
- 1Y-32.1%
- YTD-7.5%
Over the last 7 days, the IT industry has dropped 4.8%, driven by a pullback from NEXG Berhad of 6.9%. In contrast, Infoline Tec Group Berhad has gained 10%. However, the industry is down 33% over the past year. As for the next few years, earnings are expected to grow by 39% 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 |
|---|---|---|---|---|---|---|
| Thu, 05 Mar 2026 | RM 4.2b | RM 4.0b | RM 78.8m | 12.1x | 52.9x | 1x |
| Sat, 31 Jan 2026 | RM 4.4b | RM 3.6b | RM 247.1m | 14x | 17.8x | 1.2x |
| Mon, 29 Dec 2025 | RM 4.6b | RM 3.6b | RM 244.3m | 14.9x | 18.7x | 1.3x |
| Wed, 26 Nov 2025 | RM 5.1b | RM 3.2b | RM 111.3m | 16.7x | 45.5x | 1.6x |
| Fri, 24 Oct 2025 | RM 6.5b | RM 3.2b | RM 105.8m | 17.2x | 61.5x | 2x |
| Sun, 21 Sep 2025 | RM 7.0b | RM 3.2b | RM 76.3m | 17.2x | 91.3x | 2.2x |
| Tue, 19 Aug 2025 | RM 6.1b | RM 3.1b | RM 23.7m | 17.8x | 257.2x | 2x |
| Thu, 17 Jul 2025 | RM 6.1b | RM 3.0b | RM 56.3m | 17x | 109.2x | 2.1x |
| Sat, 14 Jun 2025 | RM 5.8b | RM 3.1b | RM 27.8m | 20.1x | 208.3x | 1.9x |
| Mon, 12 May 2025 | RM 6.1b | RM 3.0b | -RM 1,860,426.00 | 20.2x | -3268.2x | 2x |
| Wed, 09 Apr 2025 | RM 5.4b | RM 3.0b | -RM 2,561,447.00 | 19.3x | -2123.1x | 1.8x |
| Fri, 07 Mar 2025 | RM 5.7b | RM 3.0b | RM 44.5m | 20.9x | 127.1x | 1.9x |
| Sun, 02 Feb 2025 | RM 6.5b | RM 3.1b | RM 13.2m | 25.2x | 491x | 2.1x |
| Tue, 31 Dec 2024 | RM 6.8b | RM 3.1b | -RM 32,712,507.00 | 27.5x | -206.7x | 2.1x |
| Thu, 28 Nov 2024 | RM 6.7b | RM 3.2b | -RM 16,617,667.00 | 41.1x | -404.8x | 2.1x |
| Sat, 26 Oct 2024 | RM 6.2b | RM 3.1b | -RM 68,551,108.00 | 28.1x | -91x | 2x |
| Mon, 23 Sep 2024 | RM 6.5b | RM 3.1b | -RM 45,529,758.00 | 24.8x | -142.3x | 2.1x |
| Wed, 21 Aug 2024 | RM 6.5b | RM 3.1b | -RM 52,138,270.00 | 30.7x | -125.1x | 2.1x |
| Fri, 19 Jul 2024 | RM 7.0b | RM 3.1b | -RM 54,633,725.00 | 29.8x | -127.7x | 2.2x |
| Sun, 16 Jun 2024 | RM 6.2b | RM 3.1b | -RM 72,993,263.00 | 27.2x | -84.5x | 2x |
| Tue, 14 May 2024 | RM 5.7b | RM 3.1b | -RM 23,079,361.00 | 26.4x | -248.6x | 1.9x |
| Thu, 11 Apr 2024 | RM 5.2b | RM 3.2b | -RM 7,938,032.00 | 22.1x | -655.7x | 1.6x |
| Sat, 09 Mar 2024 | RM 5.0b | RM 3.2b | -RM 7,938,032.00 | 21.7x | -632.1x | 1.6x |
| Mon, 05 Feb 2024 | RM 4.7b | RM 3.2b | -RM 2,337,696.00 | 17.6x | -2024.4x | 1.5x |
| Wed, 03 Jan 2024 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.3x | -794.1x | 1.5x |
| Fri, 01 Dec 2023 | RM 5.0b | RM 3.1b | RM 13.5m | 17.1x | 371.4x | 1.6x |
| Sun, 29 Oct 2023 | RM 4.8b | RM 3.1b | RM 12.1m | 19.6x | 394.3x | 1.5x |
| Tue, 26 Sep 2023 | RM 4.9b | RM 3.1b | RM 10.6m | 18.5x | 459.7x | 1.6x |
| Thu, 24 Aug 2023 | RM 5.0b | RM 3.0b | RM 27.8m | 23.2x | 179.3x | 1.6x |
| Sat, 22 Jul 2023 | RM 5.1b | RM 3.0b | RM 5.8m | 22.3x | 871.6x | 1.7x |
| Mon, 19 Jun 2023 | RM 6.5b | RM 4.4b | RM 4.8m | 19.4x | 1337.1x | 1.5x |
| Wed, 17 May 2023 | RM 5.9b | RM 4.3b | RM 357.3m | 17.8x | 16.6x | 1.4x |
| Fri, 14 Apr 2023 | RM 6.6b | RM 4.3b | RM 356.6m | 23.8x | 18.4x | 1.5x |
| Sun, 12 Mar 2023 | RM 8.0b | RM 5.1b | RM 403.8m | 28.9x | 19.9x | 1.6x |
Price to Earnings Ratio
19.9x
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 49.9x 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 1.1x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 41% per year over the last three years,
- Revenues have also declined 7.5% 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 | -2.24% | |
| Tech | -4.19% | |
| IT | -4.40% | |
| Internet Services and Infrastructure | 10.29% | |
| Data Processing Services | -2.14% | |
| IT Consulting | -4.82% | |
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 39.0%, which is higher than its past year's earnings growth of 4.0% 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 39% over the next 5 years.
- This is better than its past earnings growth rate of 4.0% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 39% 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 | |
|---|---|---|---|---|---|
| INFOTEC Infoline Tec Group Berhad | RM 0.38 | 10.3% +RM 12.7m | -53.1% | PE11.9x | |
| MPAY ManagePay Systems Berhad | RM 0.07 | 7.7% +RM 5.2m | -6.7% | PS3.9x | |
| LYC LYC Healthcare Berhad | RM 0.02 | 33.3% +RM 3.7m | -71.4% | PS0.1x | |
| DIGISTA Digistar Corporation Berhad | RM 0.05 | 11.1% +RM 3.1m | 0% | PS0.8x | |
| MSNIAGA Mesiniaga Berhad | RM 1.19 | 2.6% +RM 1.8m | -16.2% | PE6.1x |