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Malaysian (KLSE) IT Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies30
  • 7D-0.6%
  • 3M-10.1%
  • 1Y-38.4%
  • YTD-7.3%

Over the last 7 days, the IT industry has dropped 1.4%, driven by NEXG Berhad declining 5.2%. In contrast, MMAG Holdings Berhad has gained 17%. Overall the industry is down 37% in 12 months. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026RM 4.5bRM 4.2bRM 97.0m12.1x46.2x1.1x
Mon, 16 Feb 2026RM 4.4bRM 3.6bRM 242.8m12.7x18x1.2x
Wed, 14 Jan 2026RM 4.6bRM 3.6bRM 246.9m15.9x18.6x1.3x
Fri, 12 Dec 2025RM 4.7bRM 3.6bRM 242.1m15.1x19.4x1.3x
Sun, 09 Nov 2025RM 4.9bRM 3.2bRM 105.5m16.7x46.2x1.5x
Tue, 07 Oct 2025RM 7.3bRM 3.2bRM 105.8m18.5x68.7x2.3x
Thu, 04 Sep 2025RM 6.3bRM 3.2bRM 61.5m16.2x103x2x
Sat, 02 Aug 2025RM 6.6bRM 3.0bRM 48.6m17.8x134.9x2.2x
Mon, 30 Jun 2025RM 5.7bRM 2.8bRM 46.1m18.5x122.6x2x
Wed, 28 May 2025RM 5.9bRM 3.0b-RM 4,444,426.0020.5x-1334x2x
Fri, 25 Apr 2025RM 6.0bRM 3.0b-RM 3,197,447.0020.6x-1866.4x2x
Sun, 23 Mar 2025RM 6.3bRM 3.0bRM 44.5m20.7x140.9x2.1x
Tue, 18 Feb 2025RM 6.3bRM 3.1bRM 21.0m23.3x298.3x2x
Thu, 16 Jan 2025RM 6.5bRM 3.1b-RM 32,712,507.0025.7x-199.4x2.1x
Sat, 14 Dec 2024RM 6.9bRM 3.1b-RM 32,607,186.0027.8x-210.2x2.2x
Mon, 11 Nov 2024RM 6.4bRM 3.1b-RM 65,742,602.0026.7x-96.8x2x
Wed, 09 Oct 2024RM 6.5bRM 3.1b-RM 63,891,108.0028.8x-102.5x2.1x
Fri, 06 Sep 2024RM 6.3bRM 3.1b-RM 49,231,908.0027.4x-128.5x2x
Sun, 04 Aug 2024RM 6.6bRM 3.1b-RM 53,909,881.0031.9x-122.3x2.1x
Tue, 02 Jul 2024RM 6.1bRM 3.1b-RM 72,993,263.0027x-83.4x1.9x
Thu, 30 May 2024RM 5.7bRM 3.1b-RM 21,391,361.0023.8x-267.9x1.9x
Sat, 27 Apr 2024RM 5.2bRM 3.1b-RM 21,878,032.0025.2x-239.7x1.7x
Mon, 25 Mar 2024RM 5.2bRM 3.2b-RM 7,938,032.0023.5x-651.8x1.6x
Wed, 21 Feb 2024RM 4.9bRM 3.2b-RM 6,440,897.0017.4x-767.1x1.5x
Fri, 19 Jan 2024RM 4.7bRM 3.2b-RM 2,338,481.0017.3x-2025.7x1.5x
Sun, 17 Dec 2023RM 4.9bRM 3.2b-RM 6,233,481.0017.6x-785.8x1.5x
Tue, 14 Nov 2023RM 5.0bRM 3.1bRM 11.0m21.2x454.5x1.6x
Thu, 12 Oct 2023RM 4.9bRM 3.1bRM 9.5m18.7x510.1x1.6x
Sat, 09 Sep 2023RM 4.9bRM 3.1bRM 10.6m18.1x463.5x1.6x
Mon, 07 Aug 2023RM 5.0bRM 3.0bRM 26.8m21x185.2x1.7x
Wed, 05 Jul 2023RM 5.1bRM 3.0bRM 5.8m22.1x874.7x1.7x
Fri, 02 Jun 2023RM 6.1bRM 4.3bRM 60.2m17.2x101.3x1.4x
Sun, 30 Apr 2023RM 6.4bRM 4.3bRM 359.2m19.3x17.7x1.5x
Tue, 28 Mar 2023RM 6.2bRM 4.3bRM 356.6m21.5x17.3x1.4x
Price to Earnings Ratio

17.3x


Total Market Cap: RM 6.2bTotal Earnings: RM 356.6mTotal Revenue: RM 4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -13.1x202420252026
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 46.2x which is higher than its 3-year average PE of -13.2x.
  • 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 35% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market0.96%
Tech0.82%
IT-0.61%
Internet Services and Infrastructure3.50%
Data Processing Services2.08%
IT Consulting-0.97%
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 38.4%, which is higher than its past year's earnings growth of 7.6% 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 38% over the next 5 years.
  • This is better than its past earnings growth rate of 7.6% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 23% 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
INFOTEC Infoline Tec Group BerhadRM 0.3813.6%
+RM 16.3m
-55.6%PE11.9x
MMAG MMAG Holdings BerhadRM 0.03516.7%
+RM 11.6m
-95.5%PE2.5x
CLOUDPT Cloudpoint Technology BerhadRM 0.493.2%
+RM 8.0m
-38.4%PE12.1x
INFOM Infomina BerhadRM 1.150.9%
+RM 6.0m
9.5%PE32.2x
HTPADU HeiTech Padu BerhadRM 1.452.1%
+RM 4.8m
-26.6%PE10.1x

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