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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 26, 2026
DataAggregated Company Financials
Companies28
- 7D-0.5%
- 3M-31.0%
- 1Y-40.3%
- YTD-0.2%
Over the last 7 days, the IT industry has remained flat, although notably Cloudpoint Technology Berhad declined by 5.4%. Unfortunately though, the industry is down 40% over the past 12 months. Looking forward, earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Mon, 26 Jan 2026 | RM 4.5b | RM 3.6b | RM 247.1m | 14.8x | 18.1x | 1.2x |
| Wed, 24 Dec 2025 | RM 4.6b | RM 3.6b | RM 244.3m | 14.9x | 18.9x | 1.3x |
| Fri, 21 Nov 2025 | RM 5.1b | RM 3.2b | RM 107.1m | 17x | 47.3x | 1.6x |
| Sun, 19 Oct 2025 | RM 6.6b | RM 3.2b | RM 105.8m | 18x | 62.4x | 2.1x |
| Tue, 16 Sep 2025 | RM 6.8b | RM 3.2b | RM 61.5m | 15.9x | 110.1x | 2.1x |
| Thu, 14 Aug 2025 | RM 6.1b | RM 3.1b | RM 25.3m | 18.1x | 242.9x | 2x |
| Sat, 12 Jul 2025 | RM 5.9b | RM 2.8b | RM 46.3m | 17.6x | 128.3x | 2.1x |
| Mon, 09 Jun 2025 | RM 5.9b | RM 3.1b | RM 27.8m | 20.1x | 210.6x | 1.9x |
| Wed, 07 May 2025 | RM 6.1b | RM 3.0b | -RM 3,197,447.00 | 18.9x | -1900.6x | 2x |
| Fri, 04 Apr 2025 | RM 5.9b | RM 3.0b | -RM 2,561,447.00 | 20.7x | -2295.3x | 1.9x |
| Sun, 02 Mar 2025 | RM 5.8b | RM 3.0b | RM 60.1m | 21.7x | 97.2x | 1.9x |
| Tue, 28 Jan 2025 | RM 6.5b | RM 3.1b | RM 13.5m | 24.6x | 479.3x | 2.1x |
| Thu, 26 Dec 2024 | RM 6.7b | RM 3.1b | -RM 32,607,186.00 | 26.2x | -206.6x | 2.1x |
| Sat, 23 Nov 2024 | RM 6.7b | RM 3.3b | -RM 10,943,351.00 | 27.7x | -608.2x | 2x |
| Mon, 21 Oct 2024 | RM 6.7b | RM 3.1b | -RM 63,146,108.00 | 28.8x | -105.4x | 2.1x |
| Wed, 18 Sep 2024 | RM 6.2b | RM 3.1b | -RM 45,529,758.00 | 25.1x | -137.2x | 2x |
| Fri, 16 Aug 2024 | RM 6.5b | RM 3.1b | -RM 52,138,270.00 | 33.6x | -124.6x | 2.1x |
| Sun, 14 Jul 2024 | RM 6.9b | RM 3.1b | -RM 54,633,725.00 | 29.9x | -126.9x | 2.2x |
| Tue, 11 Jun 2024 | RM 5.9b | RM 3.1b | -RM 73,920,263.00 | 25.2x | -79.2x | 1.9x |
| Thu, 09 May 2024 | RM 5.4b | RM 3.1b | -RM 22,845,032.00 | 25.9x | -234.8x | 1.7x |
| Sat, 06 Apr 2024 | RM 5.2b | RM 3.2b | -RM 7,938,032.00 | 21.9x | -652.7x | 1.6x |
| Mon, 04 Mar 2024 | RM 5.0b | RM 3.2b | -RM 7,298,032.00 | 22.8x | -683.1x | 1.6x |
| Wed, 31 Jan 2024 | RM 4.8b | RM 3.2b | -RM 2,338,481.00 | 17.9x | -2034x | 1.5x |
| Fri, 29 Dec 2023 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.5x | -789.6x | 1.5x |
| Sun, 26 Nov 2023 | RM 5.0b | RM 3.1b | RM 13.6m | 19.9x | 367.6x | 1.6x |
| Tue, 24 Oct 2023 | RM 4.7b | RM 3.1b | RM 12.1m | 18.8x | 391.9x | 1.5x |
| Thu, 21 Sep 2023 | RM 4.8b | RM 3.1b | RM 10.6m | 18.7x | 456.4x | 1.6x |
| Sat, 19 Aug 2023 | RM 5.0b | RM 3.0b | RM 31.0m | 22.5x | 161.1x | 1.7x |
| Mon, 17 Jul 2023 | RM 5.1b | RM 3.0b | RM 5.8m | 22.6x | 869x | 1.7x |
| Wed, 14 Jun 2023 | RM 6.5b | RM 4.4b | -RM 144,724.00 | 21.5x | -45104x | 1.5x |
| Fri, 12 May 2023 | RM 5.9b | RM 4.3b | RM 359.0m | 17.8x | 16.6x | 1.4x |
| Sun, 09 Apr 2023 | RM 6.6b | RM 4.3b | RM 356.6m | 22.5x | 18.4x | 1.5x |
| Tue, 07 Mar 2023 | RM 8.2b | RM 5.1b | RM 401.1m | 29.1x | 20.4x | 1.6x |
| Thu, 02 Feb 2023 | RM 15.4b | RM 5.7b | RM 791.2m | 28.7x | 19.5x | 2.7x |
Price to Earnings Ratio
19.5x
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 18.1x 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 1.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 32% per year over the last three years,
- Revenues have also declined 14% 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 Market | 0.17% | |
| Tech | -1.82% | |
| IT | -0.46% | |
| Data Processing Services | 10.64% | |
| IT Consulting | -0.39% | |
| Internet Services and Infrastructure | -2.44% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 19.5x.
- 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 13% 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 13% 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 | |
|---|---|---|---|---|---|
| INFOM Infomina Berhad | RM 1.45 | 2.1% +RM 18.0m | 14.2% | PE40.6x | |
| MMAG MMAG Holdings Berhad | RM 0.05 | 11.1% +RM 11.6m | -89.8% | PE3.6x | |
| GOHUB Go Hub Capital Berhad | RM 0.60 | 3.4% +RM 8.0m | -38.5% | PE47.9x | |
| ICTZONE ICT Zone Asia Berhad | RM 0.17 | 2.9% +RM 4.0m | n/a | PE10.1x | |
| TECHSTORE TechStore Berhad | RM 0.26 | 2.0% +RM 2.5m | n/a | PE20.7x |
