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Malaysian (KLSE) IT Industry Analysis

UpdatedNov 23, 2024
DataAggregated Company Financials
Companies27
  • 7D-0.9%
  • 3M1.6%
  • 1Y14.1%
  • YTD15.7%

In the last week, the IT industry is flat overall, with LGMS Berhad standing out by going down 12%. As for the the longer term, the industry is up 14% over the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024RM 6.7bRM 3.3b-RM 10,943,351.0027.7x-608.2x2x
Tue, 22 Oct 2024RM 6.6bRM 3.1b-RM 63,146,108.0028.5x-104.1x2.1x
Thu, 19 Sep 2024RM 6.4bRM 3.1b-RM 45,529,758.0024.4x-139.6x2x
Sat, 17 Aug 2024RM 6.7bRM 3.1b-RM 52,138,270.0034x-127.8x2.1x
Mon, 15 Jul 2024RM 6.9bRM 3.1b-RM 54,633,725.0029.9x-126.9x2.2x
Wed, 12 Jun 2024RM 6.0bRM 3.1b-RM 73,920,263.0025.2x-80.8x1.9x
Fri, 10 May 2024RM 5.5bRM 3.1b-RM 22,845,032.0025.8x-238.8x1.8x
Sun, 07 Apr 2024RM 5.2bRM 3.2b-RM 7,938,032.0021.9x-652.7x1.6x
Tue, 05 Mar 2024RM 4.9bRM 3.2b-RM 8,054,032.0022.3x-610.1x1.6x
Thu, 01 Feb 2024RM 4.8bRM 3.2b-RM 2,338,481.0018x-2031.9x1.5x
Sat, 30 Dec 2023RM 4.9bRM 3.2b-RM 6,233,481.0017.8x-793.6x1.5x
Mon, 27 Nov 2023RM 5.0bRM 3.1bRM 13.6m19.9x367.6x1.6x
Wed, 25 Oct 2023RM 4.8bRM 3.1bRM 12.1m18.7x395.7x1.5x
Fri, 22 Sep 2023RM 4.8bRM 3.1bRM 10.6m18.7x454.1x1.5x
Sun, 20 Aug 2023RM 5.0bRM 3.0bRM 31.0m22.5x161.1x1.7x
Tue, 18 Jul 2023RM 5.2bRM 3.0bRM 5.8m22.8x886.2x1.7x
Thu, 15 Jun 2023RM 6.5bRM 4.4bRM 4.8m20x1344.1x1.5x
Sat, 13 May 2023RM 5.9bRM 4.3bRM 358.7m17.9x16.4x1.4x
Mon, 10 Apr 2023RM 6.6bRM 4.3bRM 356.6m22.5x18.4x1.5x
Wed, 08 Mar 2023RM 8.2bRM 5.1bRM 401.1m29.5x20.4x1.6x
Fri, 03 Feb 2023RM 8.8bRM 5.0bRM 386.7m30.6x22.8x1.8x
Sun, 01 Jan 2023RM 14.4bRM 5.7bRM 773.4m30.1x18.6x2.5x
Tue, 29 Nov 2022RM 14.2bRM 5.6bRM 713.2m28.6x19.9x2.5x
Thu, 27 Oct 2022RM 14.2bRM 5.4bRM 959.8m31.3x14.8x2.6x
Sat, 24 Sep 2022RM 14.5bRM 5.4bRM 983.2m31.2x14.7x2.7x
Mon, 22 Aug 2022RM 14.9bRM 4.0bRM 453.5m19.7x32.8x3.7x
Wed, 20 Jul 2022RM 13.9bRM 4.0bRM 453.4m18.2x30.7x3.5x
Fri, 17 Jun 2022RM 15.2bRM 4.0bRM 447.8m31.7x34x3.8x
Sun, 15 May 2022RM 15.9bRM 3.8bRM 383.2m32.5x41.6x4.2x
Tue, 12 Apr 2022RM 17.1bRM 3.8bRM 373.5m40.6x45.7x4.5x
Thu, 10 Mar 2022RM 16.2bRM 3.8bRM 373.5m41.4x43.2x4.3x
Sat, 05 Feb 2022RM 17.2bRM 3.4bRM 340.4m30.8x50.5x5.1x
Mon, 03 Jan 2022RM 17.2bRM 3.4bRM 340.8m28.3x50.5x5.1x
Wed, 01 Dec 2021RM 17.7bRM 3.4bRM 329.2m22.9x53.9x5.2x
Price to Earnings Ratio

53.9x


Total Market Cap: RM 17.7bTotal Earnings: RM 329.2mTotal Revenue: RM 3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average 92.8x202220232024
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 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
  • 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 Market0.092%
Tech-0.89%
IT-0.93%
Internet Services and Infrastructure5.75%
IT Consulting-1.30%
Data Processing Services-1.50%
Industry PE
  • Investors are most optimistic about the Data Processing Services industry even though it's trading below its 3-year average PE ratio of 19.7x.
    • Analysts are expecting annual earnings growth of 13.6%, which is lower than the prior year's growth of 90.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 26% 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 8.9% 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
DSONIC Datasonic Group BerhadRM 0.412.5%
+RM 27.8m		-8.0%PE11.2x
INFOTEC Infoline Tec Group BerhadRM 1.005.8%
+RM 20.0m		22.7%PE21.9x
SRIDGE Silver Ridge Holdings BhdRM 0.578.5%
+RM 11.4m		-36.5%PS5.2x
VTC VETECE Holdings BerhadRM 0.484.3%
+RM 7.8m		n/aPE164x
DATAPRP Dataprep Holdings BhdRM 0.143.7%
+RM 3.8m		-3.4%PS3.5x
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Latest News

LGMS

RM 1.18

LGMS Berhad

7D

-11.9%

1Y

15.7%

Be Wary Of LGMS Berhad (KLSE:LGMS) And Its Returns On Capital

Nov 22
Be Wary Of LGMS Berhad (KLSE:LGMS) And Its Returns On Capital

DSONIC

RM 0.41

Datasonic Group Berhad

7D

2.5%

1Y

-8.0%

THETA

RM 1.50

Theta Edge Berhad

7D

0.7%

1Y

100.0%

EDARAN

RM 1.65

Edaran Berhad

7D

0.6%

1Y

105.0%

MMAG

RM 0.42

MMAG Holdings Berhad

7D

-1.2%

1Y

394.1%

SRIDGE

RM 0.57

Silver Ridge Holdings Bhd

7D

8.5%

1Y

-36.5%

VTC

RM 0.48

VETECE Holdings Berhad

7D

4.3%

1Y

n/a

INFOTEC

RM 1.00

Infoline Tec Group Berhad

7D

5.8%

1Y

22.7%

KGROUP

RM 0.005

Key Alliance Group Berhad

7D

-50.0%

1Y

0%

INFOM

RM 1.31

Infomina Berhad

7D

-2.2%

1Y

-22.5%

YGL

RM 0.14

Ygl Convergence Berhad

7D

-3.4%

1Y

0%

DIGISTA

RM 0.055

Digistar Corporation Berhad

7D

-8.3%

1Y

-15.4%

Digistar Corporation Berhad (KLSE:DIGISTA) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 06
Digistar Corporation Berhad (KLSE:DIGISTA) Looks Inexpensive But Perhaps Not Attractive Enough

DATAPRP

RM 0.14

Dataprep Holdings Bhd

7D

3.7%

1Y

-3.4%

CLOUDPT

RM 0.82

Cloudpoint Technology Berhad

7D

-1.2%

1Y

46.0%

TDEX

RM 0.06

Technodex Bhd

7D

-7.7%

1Y

-14.3%