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Malaysian (KLSE) IT Industry Analysis

UpdatedMar 20, 2023
DataAggregated Company Financials
Companies26
  • 7D-1.7%
  • 3M-1.9%
  • 1Y-28.5%
  • YTD0.6%

Over the last 7 days, the IT industry has dropped 1.7%, driven by Dagang NeXchange Berhad declining 3.4%. In contrast, LGMS Berhad has gained 8.5%. The industry has fallen 28% in the last year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Mar 2023RM6.2bRM4.3bRM356.6m27.7x17.3x1.4x
Wed, 15 Feb 2023RM8.4bRM5.0bRM386.6m30.6x21.7x1.7x
Fri, 13 Jan 2023RM14.8bRM5.7bRM773.4m29.6x19.1x2.6x
Sun, 11 Dec 2022RM15.1bRM6.0bRM819.9m25.9x18.5x2.5x
Tue, 08 Nov 2022RM14.7bRM5.4bRM960.3m31.7x15.3x2.7x
Thu, 06 Oct 2022RM14.5bRM5.4bRM983.2m30x14.7x2.7x
Sat, 03 Sep 2022RM14.5bRM5.4bRM983.2m29.3x14.7x2.7x
Mon, 01 Aug 2022RM14.2bRM4.0bRM453.4m17.7x31.4x3.6x
Wed, 29 Jun 2022RM15.1bRM4.0bRM447.8m31.7x33.7x3.8x
Fri, 27 May 2022RM16.0bRM3.9bRM385.1m33.3x41.5x4.1x
Sun, 24 Apr 2022RM17.4bRM3.8bRM384.5m35.2x45.3x4.6x
Tue, 22 Mar 2022RM16.6bRM3.8bRM373.5m40.6x44.5x4.4x
Thu, 17 Feb 2022RM18.2bRM3.4bRM340.4m31.1x53.6x5.4x
Sat, 15 Jan 2022RM16.9bRM3.4bRM340.8m28.5x49.5x5x
Mon, 13 Dec 2021RM16.9bRM3.4bRM340.8m27.4x49.7x5x
Wed, 10 Nov 2021RM17.8bRM3.3bRM335.8m20.9x53.1x5.4x
Fri, 08 Oct 2021RM17.0bRM3.3bRM334.1m21.9x50.7x5.2x
Sun, 05 Sep 2021RM17.2bRM3.3bRM272.3m20.4x63.3x5.2x
Tue, 03 Aug 2021RM16.3bRM3.3bRM272.3m20.3x60x5x
Fri, 07 May 2021RM17.8bRM3.2bRM235.2m24.6x75.8x5.6x
Mon, 08 Feb 2021RM14.2bRM3.1bRM226.0m21x62.6x4.6x
Sun, 01 Nov 2020RM11.0bRM3.2bRM290.3m19.5x37.8x3.4x
Wed, 05 Aug 2020RM11.4bRM3.2bRM240.4m18.1x47.3x3.5x
Sat, 09 May 2020RM9.7bRM3.1bRM272.5m15.6x35.4x3.1x
Price to Earnings Ratio

27.5x


Total Market Cap: RM7.5bTotal Earnings: RM272.1mTotal Revenue: RM3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average 44.2x202120222023
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 17.3x which is lower than its 3-year average PE of 44.2x.
  • The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Tech industry?

MY Market-1.13%
Tech-2.11%
IT-1.67%
Data Processing Services0%
IT Consulting-1.29%
Internet Services and Infrastructure-7.68%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 33.1x.
    • 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 16% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 16% 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
LGMS LGMS BerhadRM1.278.5%
+RM45.6m
n/aPE50.2x
ZENTECH Zen Tech International BerhadRM0.0350.0%
+RM24.3m
-60.0%PS2.4x
LYC LYC Healthcare BerhadRM0.283.8%
+RM5.9m
10.0%PS1.9x
MSNIAGA Mesiniaga BerhadRM1.364.6%
+RM3.6m
-9.3%PE12.6x
DATAPRP Dataprep Holdings BhdRM0.182.8%
+RM3.4m
-42.2%PS4.4x
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Latest News

LGMS

RM1.27

LGMS Berhad

7D

8.5%

1Y

n/a

THETA

RM0.69

Theta Edge Berhad

7D

-3.5%

1Y

-2.1%

ZENTECH

RM0.03

Zen Tech International Berhad

7D

50.0%

1Y

-60.0%

SRIDGE

RM0.23

Silver Ridge Holdings Bhd

7D

-6.3%

1Y

36.4%

DATAPRP

RM0.18

Dataprep Holdings Bhd

7D

2.8%

1Y

-42.2%

MSNIAGA

RM1.36

Mesiniaga Berhad

7D

4.6%

1Y

-9.3%

LYC

RM0.28

LYC Healthcare Berhad

7D

3.8%

1Y

10.0%

DSONIC

RM0.45

Datasonic Group Berhad

7D

-2.2%

1Y

2.3%

HTPADU

RM0.70

HeiTech Padu Berhad

7D

-7.2%

1Y

-25.4%

DNEX

RM0.56

Dagang NeXchange Berhad

7D

-3.4%

1Y

-42.9%

DFX

RM0.085

Divfex Berhad

7D

-5.6%

1Y

-10.5%

INFOTEC

RM0.82

Infoline Tec Group Berhad

7D

-8.8%

1Y

n/a