Does NEXG Berhad (KLSE:NEXG) Have A Healthy Balance Sheet?
Dec 29
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Malaysian (KLSE) IT Industry Analysis
UpdatedJan 02, 2026
DataAggregated Company Financials
Companies28
- 7D-2.3%
- 3M-38.7%
- 1Y-43.7%
- YTDn/a
Over the last 7 days, the IT industry has dropped 2.3%, driven by NEXG Berhad declining 8.2%. However, the industry is down 41% 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, 02 Jan 2026 | RM 4.4b | RM 3.6b | RM 246.9m | 15.1x | 17.9x | 1.2x |
| Sun, 30 Nov 2025 | RM 4.8b | RM 3.7b | RM 220.1m | 16.7x | 21.9x | 1.3x |
| Tue, 28 Oct 2025 | RM 6.5b | RM 3.2b | RM 105.8m | 16.7x | 61.7x | 2x |
| Thu, 25 Sep 2025 | RM 7.1b | RM 3.2b | RM 76.3m | 17.2x | 93.3x | 2.2x |
| Sat, 23 Aug 2025 | RM 6.3b | RM 3.1b | RM 23.7m | 17.8x | 264x | 2x |
| Mon, 21 Jul 2025 | RM 6.2b | RM 3.0b | RM 56.3m | 17.3x | 110.4x | 2.1x |
| Wed, 18 Jun 2025 | RM 5.7b | RM 2.9b | RM 21.4m | 19.7x | 268x | 2x |
| Fri, 16 May 2025 | RM 6.2b | RM 3.0b | -RM 1,860,426.00 | 21x | -3353.3x | 2.1x |
| Sun, 13 Apr 2025 | RM 5.6b | RM 3.0b | -RM 2,561,447.00 | 20.1x | -2178.3x | 1.8x |
| Tue, 11 Mar 2025 | RM 5.6b | RM 3.0b | RM 44.5m | 19.6x | 125.4x | 1.9x |
| Thu, 06 Feb 2025 | RM 6.6b | RM 3.1b | RM 13.2m | 25.3x | 497.1x | 2.1x |
| Sat, 04 Jan 2025 | RM 7.0b | RM 3.1b | -RM 32,712,507.00 | 27.5x | -213.6x | 2.2x |
| Mon, 02 Dec 2024 | RM 6.6b | RM 3.1b | -RM 32,689,853.00 | 25.8x | -203.4x | 2.1x |
| Wed, 30 Oct 2024 | RM 6.2b | RM 3.1b | -RM 68,551,108.00 | 28.7x | -90.2x | 2x |
| Fri, 27 Sep 2024 | RM 6.4b | RM 3.1b | -RM 45,529,758.00 | 25.8x | -140.1x | 2x |
| Sun, 25 Aug 2024 | RM 6.4b | RM 3.1b | -RM 51,252,270.00 | 30.4x | -125.2x | 2.1x |
| Tue, 23 Jul 2024 | RM 7.0b | RM 3.1b | -RM 54,633,725.00 | 32.7x | -128x | 2.2x |
| Thu, 20 Jun 2024 | RM 6.0b | RM 3.1b | -RM 72,993,263.00 | 26x | -82.8x | 1.9x |
| Sat, 18 May 2024 | RM 5.8b | RM 3.1b | -RM 23,093,361.00 | 26.2x | -251x | 1.9x |
| Mon, 15 Apr 2024 | RM 5.3b | RM 3.2b | -RM 7,938,032.00 | 22.2x | -668.3x | 1.7x |
| Wed, 13 Mar 2024 | RM 5.1b | RM 3.2b | -RM 7,938,032.00 | 23.4x | -647.2x | 1.6x |
| Fri, 09 Feb 2024 | RM 4.7b | RM 3.2b | -RM 6,440,897.00 | 17.1x | -726.5x | 1.5x |
| Sun, 07 Jan 2024 | RM 5.1b | RM 3.2b | -RM 6,233,481.00 | 18.3x | -815.3x | 1.6x |
| Tue, 05 Dec 2023 | RM 5.0b | RM 3.2b | -RM 6,233,481.00 | 16.8x | -795.8x | 1.5x |
| Thu, 02 Nov 2023 | RM 4.7b | RM 3.1b | RM 12.1m | 18.7x | 392.4x | 1.5x |
| Sat, 30 Sep 2023 | RM 4.8b | RM 3.1b | RM 10.6m | 18x | 449.2x | 1.5x |
| Mon, 28 Aug 2023 | RM 4.9b | RM 3.1b | RM 33.3m | 19.6x | 147.3x | 1.6x |
| Wed, 26 Jul 2023 | RM 5.1b | RM 3.0b | RM 5.8m | 22.3x | 880.4x | 1.7x |
| Fri, 23 Jun 2023 | RM 6.4b | RM 4.4b | RM 4.8m | 19.4x | 1319.4x | 1.4x |
| Sun, 21 May 2023 | RM 5.9b | RM 4.3b | RM 357.3m | 16.7x | 16.5x | 1.4x |
| Tue, 18 Apr 2023 | RM 6.6b | RM 4.3b | RM 356.6m | 23.3x | 18.5x | 1.5x |
| Thu, 16 Mar 2023 | RM 7.8b | RM 5.1b | RM 403.8m | 27.7x | 19.4x | 1.5x |
| Sat, 11 Feb 2023 | RM 8.5b | RM 5.0b | RM 386.6m | 30.6x | 22x | 1.7x |
| Mon, 09 Jan 2023 | RM 14.0b | RM 5.7b | RM 773.4m | 28.2x | 18.1x | 2.5x |
Price to Earnings Ratio
18.1x
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 17.9x 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 | -0.033% | |
| Tech | -1.83% | |
| IT | -2.29% | |
| Internet Services and Infrastructure | 6.76% | |
| Data Processing Services | -1.12% | |
| IT Consulting | -2.57% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 19.0x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LGMS LGMS Berhad | RM 0.53 | 5.0% +RM 11.4m | -58.3% | PE23x | |
| SRIDGE Silver Ridge Holdings Bhd | RM 0.30 | 8.9% +RM 9.5m | -32.2% | PE72.8x | |
| INFOTEC Infoline Tec Group Berhad | RM 0.40 | 6.8% +RM 9.1m | -58.2% | PE12.6x | |
| MPAY ManagePay Systems Berhad | RM 0.07 | 7.7% +RM 5.2m | -30.0% | PS5.5x | |
| DFX Divfex Berhad | RM 0.10 | 5.3% +RM 3.7m | -23.1% | PE10.2x |
