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Malaysian (KLSE) IT Industry Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies32
  • 7D4.2%
  • 3M1.3%
  • 1Y-35.1%
  • YTD-1.0%

Over the last 7 days, the IT industry has risen 2.3%, driven by gains from NEXG Berhad of 20%. In the same time, SRKK AI Berhad was down 9.0%. In contrast, the industry has lost 36% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jul 2026RM 5.4bRM 4.9b-RM 145,447,497.0016.6x-37.1x1.1x
Fri, 19 Jun 2026RM 4.9bRM 4.8b-RM 153,405,988.0015.3x-31.8x1x
Sun, 17 May 2026RM 5.0bRM 4.4bRM 32.2m11.8x154.8x1.1x
Tue, 14 Apr 2026RM 4.3bRM 4.1bRM 12.6m11.9x339.3x1x
Thu, 12 Mar 2026RM 4.5bRM 4.2bRM 94.7m12.5x47.8x1.1x
Sat, 07 Feb 2026RM 4.3bRM 3.6bRM 242.8m13.4x17.6x1.2x
Mon, 05 Jan 2026RM 4.5bRM 3.6bRM 246.9m14.9x18.1x1.2x
Wed, 03 Dec 2025RM 4.7bRM 3.6bRM 242.1m16x19.5x1.3x
Fri, 31 Oct 2025RM 6.4bRM 3.2bRM 105.8m17x60.2x2x
Sun, 28 Sep 2025RM 7.2bRM 3.2bRM 76.3m17.3x94.2x2.3x
Tue, 26 Aug 2025RM 6.3bRM 3.1bRM 24.3m17.8x261.8x2.1x
Thu, 24 Jul 2025RM 6.4bRM 3.0bRM 56.3m16.7x113.2x2.1x
Sat, 21 Jun 2025RM 5.6bRM 2.9bRM 21.4m18.9x263.3x1.9x
Mon, 19 May 2025RM 6.3bRM 3.0b-RM 1,860,426.0022.1x-3369.9x2.1x
Wed, 16 Apr 2025RM 5.7bRM 3.0b-RM 2,561,447.0020.1x-2244.4x1.9x
Fri, 14 Mar 2025RM 5.6bRM 3.0bRM 44.5m19.9x125.9x1.9x
Sun, 09 Feb 2025RM 6.5bRM 3.1bRM 13.2m26.3x494.7x2.1x
Tue, 07 Jan 2025RM 7.0bRM 3.1b-RM 32,712,507.0027.2x-214x2.2x
Thu, 05 Dec 2024RM 6.9bRM 3.1b-RM 32,607,186.0026.8x-212.1x2.2x
Sat, 02 Nov 2024RM 6.2bRM 3.1b-RM 65,711,108.0027.7x-94.4x2x
Mon, 30 Sep 2024RM 6.3bRM 3.1b-RM 45,531,570.0027.4x-139.4x2x
Wed, 28 Aug 2024RM 6.2bRM 3.2b-RM 44,688,270.0028.8x-139x2x
Fri, 26 Jul 2024RM 6.8bRM 3.1b-RM 54,633,725.0033.5x-124.8x2.2x
Sun, 23 Jun 2024RM 6.1bRM 3.1b-RM 72,993,263.0026.8x-83.4x1.9x
Tue, 21 May 2024RM 5.9bRM 3.1b-RM 23,093,361.0026x-253.6x1.9x
Thu, 18 Apr 2024RM 5.2bRM 3.2b-RM 7,938,032.0021.6x-653.3x1.6x
Sat, 16 Mar 2024RM 5.1bRM 3.2b-RM 7,938,032.0022.7x-639x1.6x
Mon, 12 Feb 2024RM 4.8bRM 3.2b-RM 6,440,897.0017.1x-741.9x1.5x
Wed, 10 Jan 2024RM 5.2bRM 3.2b-RM 6,233,481.0018.4x-830.1x1.6x
Fri, 08 Dec 2023RM 4.8bRM 3.2b-RM 6,233,481.0017.3x-777x1.5x
Sun, 05 Nov 2023RM 4.8bRM 3.1bRM 12.1m18.8x400.2x1.5x
Tue, 03 Oct 2023RM 4.8bRM 3.1bRM 9.5m18.7x504x1.5x
Thu, 31 Aug 2023RM 5.0bRM 3.1bRM 44.9m18.1x111.4x1.6x
Sat, 29 Jul 2023RM 5.2bRM 3.0bRM 5.8m22.3x887.1x1.7x
Price to Earnings Ratio

887.1x


Total Market Cap: RM 5.2bTotal Earnings: RM 5.8mTotal Revenue: RM 3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -170.3x202420252026
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 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 19% per year.
  • This means that although more sales are being generated, 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 Market0.28%
Tech5.54%
IT4.15%
IT Consulting4.37%
Internet Services and Infrastructure1.98%
Data Processing Services-1.60%
Industry PE
  • Investors are most optimistic about the Data Processing Services industry, which is trading close to its 3-year average PE ratio of 20.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 7.9% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 18% 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
NEXG NEXG BerhadRM 0.3019.6%
+RM 174.5m		-39.6%PS3.1x
MMCS MM Computer Systems BerhadRM 0.4111.0%
+RM 22.7m		n/aPE22.7x
PENTECH Pentech Holdings BerhadRM 0.299.4%
+RM 15.5m		n/aPE17x
LGMS LGMS BerhadRM 0.485.4%
+RM 11.4m		-43.9%PE21.1x
OGX OGX Group BerhadRM 0.483.2%
+RM 11.3m		n/aPE16.6x

Latest News

TECHSTORE
RM 0.17
TechStore Berhad
7D
-2.9%
1Y
-19.5%
DATAPRP
RM 0.055
Dataprep Holdings Bhd
7D
-8.3%
1Y
-45.0%
NEXG
RM 0.30
NEXG Berhad
7D
19.6%
1Y
-39.6%
MMCS
RM 0.41
MM Computer Systems Berhad
7D
11.0%
1Y
n/a
New Narrative • Jun 30

MM Computer Systems' Latest Contract Wins Reinforce Growth Momentum After Listing

MM Computer Systems Bhd has secured two maintenance support contracts worth a combined RM24.54 million, providing the newly listed IT solutions provider with improved earnings visibility and reinforcing its ability to secure recurring business from large enterprise customers. The contract wins also demonstrate the group's continued momentum shortly after its recent listing on the ACE Market.
ICTZONE
RM 0.20
ICT Zone Asia Berhad
7D
-2.4%
1Y
11.1%
FSBM
RM 0.17
FSBM Holdings Berhad
7D
-10.3%
1Y
-23.9%
PENTECH
RM 0.29
Pentech Holdings Berhad
7D
9.4%
1Y
n/a
New Narrative • Jun 14

Pentech Rides Malaysia’s Growing Demand for Digital Infrastructure

Malaysia’s digital transformation journey continues to gain momentum, creating significant opportunities for companies involved in ICT infrastructure, cloud computing, cybersecurity and data centre solutions. Against this backdrop, Pentech Holdings Berhad is set to debut on the ACE Market of Bursa Malaysia on 15 June 2026, positioning itself to benefit from the country’s expanding digital economy.
LGMS
RM 0.48
LGMS Berhad
7D
5.4%
1Y
-43.9%
TDEX
RM 0.035
Technodex Bhd
7D
16.7%
1Y
-30.0%
HTPADU
RM 1.30
HeiTech Padu Berhad
7D
4.8%
1Y
-18.8%
Analysis Article • Jun 02

HeiTech Padu Berhad (KLSE:HTPADU) Posted Weak Earnings But There Is More To Worry About

HeiTech Padu Berhad's ( KLSE:HTPADU ) stock wasn't much affected by its recent lackluster earnings numbers. We did some...
MPAY
RM 0.055
ManagePay Systems Berhad
7D
-8.3%
1Y
-31.3%
INFOTEC
RM 0.34
Infoline Tec Group Berhad
7D
-1.5%
1Y
-33.7%
DFX
RM 0.08
Divfex Berhad
7D
-5.9%
1Y
-15.8%
Analysis Article • May 28

Statutory Profit Doesn't Reflect How Good Divfex Berhad's (KLSE:DFX) Earnings Are

Divfex Berhad ( KLSE:DFX ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
GOHUB
RM 1.16
Go Hub Capital Berhad
7D
0.9%
1Y
39.8%
OGX
RM 0.48
OGX Group Berhad
7D
3.2%
1Y
n/a