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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 24, 2025
DataAggregated Company Financials
Companies27
- 7D3.5%
- 3M8.1%
- 1Y24.5%
- YTD-3.7%
The IT industry is up 3.5% in the last week, with MMAG Holdings Berhad up 6.4%. Meanwhile, Go Hub Capital Berhad actually underperformed within the industry, shrinking 5.8% in the last week. This means that the industry has gained 25% over the past year. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Fri, 24 Jan 2025 | RM 6.7b | RM 3.1b | -RM 33,575,507.00 | 26.5x | -200.9x | 2.2x |
| Sun, 22 Dec 2024 | RM 6.8b | RM 3.1b | -RM 32,607,186.00 | 26.8x | -207.4x | 2.1x |
| Tue, 19 Nov 2024 | RM 6.7b | RM 3.2b | -RM 20,382,634.00 | 27.4x | -329.1x | 2.1x |
| Thu, 17 Oct 2024 | RM 6.5b | RM 3.1b | -RM 63,146,108.00 | 27x | -102.7x | 2.1x |
| Sat, 14 Sep 2024 | RM 6.2b | RM 3.1b | -RM 45,529,758.00 | 25.1x | -136.4x | 2x |
| Mon, 12 Aug 2024 | RM 6.7b | RM 3.1b | -RM 52,138,270.00 | 39x | -128.7x | 2.1x |
| Wed, 10 Jul 2024 | RM 6.8b | RM 3.1b | -RM 54,633,725.00 | 30.1x | -124.3x | 2.2x |
| Fri, 07 Jun 2024 | RM 5.8b | RM 3.2b | -RM 73,920,263.00 | 25x | -78.2x | 1.8x |
| Sun, 05 May 2024 | RM 5.3b | RM 3.1b | -RM 22,845,032.00 | 25.4x | -232.4x | 1.7x |
| Tue, 02 Apr 2024 | RM 5.1b | RM 3.2b | -RM 7,938,032.00 | 22.2x | -636.7x | 1.6x |
| Thu, 29 Feb 2024 | RM 4.9b | RM 3.2b | RM 6.0m | 19.6x | 824.6x | 1.5x |
| Sat, 27 Jan 2024 | RM 4.8b | RM 3.2b | -RM 2,338,481.00 | 17.5x | -2044.9x | 1.5x |
| Mon, 25 Dec 2023 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.1x | -791.2x | 1.5x |
| Wed, 22 Nov 2023 | RM 5.1b | RM 3.1b | RM 7.6m | 21.4x | 663.9x | 1.6x |
| Fri, 20 Oct 2023 | RM 4.8b | RM 3.1b | RM 12.1m | 18.8x | 396.5x | 1.5x |
| Sun, 17 Sep 2023 | RM 4.9b | RM 3.1b | RM 10.6m | 19.3x | 460x | 1.6x |
| Tue, 15 Aug 2023 | RM 5.0b | RM 3.0b | RM 27.5m | 21.8x | 183.3x | 1.7x |
| Thu, 13 Jul 2023 | RM 5.1b | RM 3.0b | RM 5.8m | 22.2x | 869.9x | 1.7x |
| Sat, 10 Jun 2023 | RM 6.4b | RM 4.4b | -RM 5,076,724.00 | 21.2x | -1257.6x | 1.5x |
| Mon, 08 May 2023 | RM 6.2b | RM 4.3b | RM 359.0m | 19.2x | 17.4x | 1.4x |
| Wed, 05 Apr 2023 | RM 6.5b | RM 4.3b | RM 356.6m | 22.6x | 18.3x | 1.5x |
| Fri, 03 Mar 2023 | RM 8.1b | RM 5.1b | RM 376.7m | 24.5x | 21.4x | 1.6x |
| Sun, 29 Jan 2023 | RM 15.6b | RM 5.7b | RM 773.4m | 30.6x | 20.2x | 2.7x |
| Tue, 27 Dec 2022 | RM 15.1b | RM 6.0b | RM 819.9m | 29x | 18.4x | 2.5x |
| Thu, 24 Nov 2022 | RM 13.3b | RM 5.5b | RM 965.2m | 27.6x | 13.8x | 2.4x |
| Sat, 22 Oct 2022 | RM 14.1b | RM 5.4b | RM 983.2m | 30.4x | 14.3x | 2.6x |
| Mon, 19 Sep 2022 | RM 14.8b | RM 5.4b | RM 983.2m | 30.4x | 15x | 2.7x |
| Wed, 17 Aug 2022 | RM 15.0b | RM 4.0b | RM 450.7m | 21.3x | 33.4x | 3.7x |
| Fri, 15 Jul 2022 | RM 13.9b | RM 4.0b | RM 454.7m | 18.3x | 30.6x | 3.5x |
| Sun, 12 Jun 2022 | RM 16.3b | RM 4.0b | RM 447.8m | 31.7x | 36.5x | 4.1x |
| Tue, 10 May 2022 | RM 16.2b | RM 3.8b | RM 384.4m | 33.4x | 42.2x | 4.3x |
| Thu, 07 Apr 2022 | RM 17.7b | RM 3.8b | RM 373.5m | 43.4x | 47.5x | 4.7x |
| Sat, 05 Mar 2022 | RM 16.3b | RM 3.8b | RM 373.1m | 40.3x | 43.7x | 4.3x |
| Mon, 31 Jan 2022 | RM 16.7b | RM 3.4b | RM 340.8m | 30.4x | 49.1x | 4.9x |
Price to Earnings Ratio
49.1x
Current Industry PE
- Investors are relatively neutral on the Malaysian IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 2.6% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 1.22% | |
| Tech | 0.41% | |
| IT | 3.50% | |
| IT Consulting | 3.51% | |
| Internet Services and Infrastructure | 3.33% | |
| Data Processing Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the Data Processing Services industry, which is trading close to its 3-year average PE ratio of 19.0x.
- Analysts are expecting annual earnings growth of 14.7%, which is lower than the prior year's growth of 41.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 9.8% 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 | |
|---|---|---|---|---|---|
| MMAG MMAG Holdings Berhad | RM 0.50 | 6.4% +RM 69.3m | 426.3% | PS2.1x | |
| LGMS LGMS Berhad | RM 1.19 | 4.4% +RM 22.8m | 32.2% | PE45.3x | |
| HTPADU HeiTech Padu Berhad | RM 2.80 | 6.9% +RM 20.0m | 209.4% | PE13.3x | |
| CLOUDPT Cloudpoint Technology Berhad | RM 0.99 | 3.7% +RM 18.6m | 86.8% | PE28.4x | |
| THETA Theta Edge Berhad | RM 1.36 | 9.7% +RM 14.2m | 117.6% | PS1.5x |
