Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) IT Industry Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies29
  • 7D-1.4%
  • 3M-32.7%
  • 1Y-39.1%
  • YTD-39.3%

Over the last 7 days, the IT industry has dropped 1.4%, driven by NEXG Berhad declining 5.7%. Overall the industry is down 39% in 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Dec 2025RM 4.6bRM 3.6bRM 242.1m14.9x19.1x1.3x
Sun, 16 Nov 2025RM 4.8bRM 3.2bRM 104.4m16.2x45.6x1.5x
Tue, 14 Oct 2025RM 7.0bRM 3.2bRM 105.8m18.1x66.5x2.2x
Thu, 11 Sep 2025RM 6.5bRM 3.2bRM 61.5m15.8x106.2x2.1x
Sat, 09 Aug 2025RM 6.5bRM 3.1bRM 25.0m17.8x262.1x2.1x
Mon, 07 Jul 2025RM 5.8bRM 2.8bRM 46.3m18.1x125.1x2.1x
Wed, 04 Jun 2025RM 5.9bRM 3.1bRM 5.4m19.3x1093.2x1.9x
Fri, 02 May 2025RM 6.0bRM 3.0b-RM 3,197,447.0020.1x-1891.1x2x
Sun, 30 Mar 2025RM 6.0bRM 3.0b-RM 2,561,447.0022.7x-2340.2x2x
Tue, 25 Feb 2025RM 6.1bRM 3.1bRM 33.6m21.5x182.3x2x
Thu, 23 Jan 2025RM 6.7bRM 3.1b-RM 32,712,507.0027.2x-205.2x2.1x
Sat, 21 Dec 2024RM 6.8bRM 3.1b-RM 32,607,186.0026.8x-207.4x2.1x
Mon, 18 Nov 2024RM 6.7bRM 3.2b-RM 20,382,634.0027.7x-329.6x2.1x
Wed, 16 Oct 2024RM 6.5bRM 3.1b-RM 63,891,108.0027.4x-102.1x2.1x
Fri, 13 Sep 2024RM 6.2bRM 3.1b-RM 45,529,758.0024.8x-135.9x2x
Sun, 11 Aug 2024RM 6.7bRM 3.1b-RM 52,138,270.0039x-128.7x2.1x
Tue, 09 Jul 2024RM 6.8bRM 3.1b-RM 54,633,725.0030.6x-124.4x2.2x
Thu, 06 Jun 2024RM 5.7bRM 3.2b-RM 73,920,263.0025.2x-77.4x1.8x
Sat, 04 May 2024RM 5.3bRM 3.1b-RM 21,940,032.0025.4x-241.9x1.7x
Mon, 01 Apr 2024RM 5.1bRM 3.2b-RM 7,938,032.0021.9x-637.6x1.6x
Wed, 28 Feb 2024RM 5.0bRM 3.2bRM 6.7m19.6x740.9x1.5x
Fri, 26 Jan 2024RM 4.8bRM 3.2b-RM 2,338,481.0017.4x-2069x1.5x
Sun, 24 Dec 2023RM 4.9bRM 3.2b-RM 6,233,481.0017.1x-791.2x1.5x
Tue, 21 Nov 2023RM 5.0bRM 3.1bRM 11.0m21.2x457.8x1.6x
Thu, 19 Oct 2023RM 4.8bRM 3.1bRM 12.1m18.8x397.2x1.5x
Sat, 16 Sep 2023RM 4.8bRM 3.1bRM 10.6m18.1x456.1x1.6x
Mon, 14 Aug 2023RM 5.0bRM 3.0bRM 27.5m21.1x181.9x1.7x
Wed, 12 Jul 2023RM 5.0bRM 3.0bRM 5.8m22x864.7x1.7x
Fri, 09 Jun 2023RM 6.3bRM 4.4b-RM 5,076,724.0021x-1247.1x1.4x
Sun, 07 May 2023RM 6.2bRM 4.3bRM 359.0m19.2x17.4x1.4x
Tue, 04 Apr 2023RM 6.5bRM 4.3bRM 356.6m22.6x18.3x1.5x
Thu, 02 Mar 2023RM 8.1bRM 5.1bRM 403.3m26.7x20x1.6x
Sat, 28 Jan 2023RM 15.6bRM 5.7bRM 773.4m30.6x20.2x2.7x
Mon, 26 Dec 2022RM 15.1bRM 6.0bRM 819.9m29x18.4x2.5x
Price to Earnings Ratio

18.4x


Total Market Cap: RM 15.1bTotal Earnings: RM 819.9mTotal Revenue: RM 6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -13.6x202320242025
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 33% per year over the last three years,
  • Revenues have also declined 16% 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 Market1.25%
Tech-0.43%
IT-1.45%
IT Consulting-1.42%
Internet Services and Infrastructure-2.20%
Data Processing Services-5.70%
Industry PE
  • Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 18.7x.
    • 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?

CompanyLast Price7D1YValuation
INFOM Infomina BerhadRM 1.404.5%
+RM 36.1m		2.9%PE39.6x
MMAG MMAG Holdings BerhadRM 0.0757.1%
+RM 11.6m		-81.9%PE5.3x
THETA Theta Edge BerhadRM 0.716.7%
+RM 5.3m		-44.1%PS0.7x
ICTZONE ICT Zone Asia BerhadRM 0.173.0%
+RM 4.0m		-32.0%PE11.7x
VTC VETECE Holdings BerhadRM 0.244.3%
+RM 3.9m		-47.8%PE22.3x

Latest News

VTC
RM 0.24
VETECE Holdings Berhad
7D
4.3%
1Y
-47.8%
INFOTEC
RM 0.33
Infoline Tec Group Berhad
7D
3.1%
1Y
-66.0%
MMAG
RM 0.075
MMAG Holdings Berhad
7D
7.1%
1Y
-81.9%

MMAG Holdings Berhad's (KLSE:MMAG) Strong Earnings Are Of Good Quality

Dec 04
MMAG Holdings Berhad's (KLSE:MMAG) Strong Earnings Are Of Good Quality
MPAY
RM 0.065
ManagePay Systems Berhad
7D
-7.1%
1Y
-38.1%
NEXG
RM 0.33
NEXG Berhad
7D
-5.7%
1Y
-20.5%
INFOM
RM 1.40
Infomina Berhad
7D
4.5%
1Y
2.9%
THETA
RM 0.71
Theta Edge Berhad
7D
6.7%
1Y
-44.1%
FSBM
RM 0.20
FSBM Holdings Berhad
7D
-2.4%
1Y
-16.7%
SRIDGE
RM 0.28
Silver Ridge Holdings Bhd
7D
3.7%
1Y
-37.8%
CLOUDPT
RM 0.65
Cloudpoint Technology Berhad
7D
-1.5%
1Y
-30.5%
MSNIAGA
RM 1.35
Mesiniaga Berhad
7D
2.3%
1Y
-18.2%
HTPADU
RM 1.72
HeiTech Padu Berhad
7D
-2.8%
1Y
-26.9%
LGMS
RM 0.53
LGMS Berhad
7D
-5.4%
1Y
-57.0%

LGMS Berhad's (KLSE:LGMS) 25% Share Price Plunge Could Signal Some Risk

Nov 25
LGMS Berhad's (KLSE:LGMS) 25% Share Price Plunge Could Signal Some Risk
TECHSTORE
RM 0.28
TechStore Berhad
7D
-6.7%
1Y
n/a
ICTZONE
RM 0.17
ICT Zone Asia Berhad
7D
3.0%
1Y
-32.0%
ZENTECH
RM 0.005
Zen Tech International Berhad
7D
-50.0%
1Y
-50.0%