Cloudpoint Technology Berhad (KLSE:CLOUDPT) Could Be Struggling To Allocate Capital
Apr 17
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Malaysian (KLSE) IT Industry Analysis
UpdatedApr 20, 2025
DataAggregated Company Financials
Companies28
- 7D6.4%
- 3M-10.8%
- 1Y2.6%
- YTD-16.7%
The IT industry is up 6.4% in the last week, with NEXG Berhad up 33%. In the same time, EA Holdings Berhad was down 50%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 8.4% 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 |
|---|---|---|---|---|---|---|
| Sun, 20 Apr 2025 | RM 5.9b | RM 3.0b | -RM 3,197,447.00 | 19.6x | -1858.1x | 2x |
| Tue, 18 Mar 2025 | RM 5.8b | RM 3.0b | RM 44.5m | 21.2x | 131.1x | 2x |
| Thu, 13 Feb 2025 | RM 6.3b | RM 3.1b | RM 13.2m | 25.5x | 479.4x | 2.1x |
| Sat, 11 Jan 2025 | RM 6.8b | RM 3.1b | -RM 32,712,507.00 | 27.6x | -208x | 2.2x |
| Mon, 09 Dec 2024 | RM 6.9b | RM 3.1b | -RM 32,607,186.00 | 27.2x | -210.8x | 2.2x |
| Wed, 06 Nov 2024 | RM 6.2b | RM 3.1b | -RM 65,710,795.00 | 29x | -94.3x | 2x |
| Fri, 04 Oct 2024 | RM 6.3b | RM 3.1b | -RM 63,891,108.00 | 26.2x | -99.3x | 2x |
| Sun, 01 Sep 2024 | RM 6.3b | RM 3.1b | -RM 44,173,395.00 | 23.9x | -143.6x | 2x |
| Tue, 30 Jul 2024 | RM 6.9b | RM 3.1b | -RM 53,909,881.00 | 34x | -127.2x | 2.2x |
| Thu, 27 Jun 2024 | RM 5.9b | RM 3.1b | -RM 72,993,263.00 | 25.3x | -80.6x | 1.9x |
| Sat, 25 May 2024 | RM 6.0b | RM 3.1b | -RM 25,477,361.00 | 26.2x | -234.3x | 1.9x |
| Mon, 22 Apr 2024 | RM 5.0b | RM 3.1b | -RM 21,878,032.00 | 24.7x | -230.6x | 1.6x |
| Wed, 20 Mar 2024 | RM 5.2b | RM 3.2b | -RM 7,938,032.00 | 22.7x | -650.8x | 1.6x |
| Fri, 16 Feb 2024 | RM 4.9b | RM 3.2b | -RM 6,440,897.00 | 17.4x | -756.7x | 1.5x |
| Sun, 14 Jan 2024 | RM 5.1b | RM 3.2b | -RM 6,233,481.00 | 18.5x | -823.9x | 1.6x |
| Tue, 12 Dec 2023 | RM 4.9b | RM 3.2b | -RM 6,233,481.00 | 17.4x | -784.3x | 1.5x |
| Thu, 09 Nov 2023 | RM 4.9b | RM 3.1b | RM 11.0m | 21.2x | 444.4x | 1.6x |
| Sat, 07 Oct 2023 | RM 4.8b | RM 3.1b | RM 9.5m | 17.5x | 500.6x | 1.5x |
| Mon, 04 Sep 2023 | RM 5.0b | RM 3.1b | RM 10.6m | 17.6x | 474.2x | 1.6x |
| Wed, 02 Aug 2023 | RM 4.9b | RM 3.0b | RM 37.2m | 21.4x | 132.9x | 1.6x |
| Fri, 30 Jun 2023 | RM 6.6b | RM 4.4b | RM 252.3k | 23x | 26029.2x | 1.5x |
| Sun, 28 May 2023 | RM 5.7b | RM 4.4b | RM 382.2m | 15.8x | 15x | 1.3x |
| Tue, 25 Apr 2023 | RM 6.4b | RM 4.3b | RM 356.6m | 22.6x | 17.8x | 1.5x |
| Thu, 23 Mar 2023 | RM 6.2b | RM 4.3b | RM 356.6m | 27.7x | 17.5x | 1.5x |
| Sat, 18 Feb 2023 | RM 8.4b | RM 5.0b | RM 386.6m | 30.6x | 21.8x | 1.7x |
| Mon, 16 Jan 2023 | RM 14.9b | RM 5.7b | RM 773.4m | 29.1x | 19.3x | 2.6x |
| Wed, 14 Dec 2022 | RM 15.2b | RM 6.0b | RM 819.9m | 26x | 18.6x | 2.5x |
| Fri, 11 Nov 2022 | RM 14.2b | RM 5.4b | RM 959.5m | 30.8x | 14.8x | 2.6x |
| Sun, 09 Oct 2022 | RM 14.8b | RM 5.4b | RM 983.2m | 28.9x | 15x | 2.7x |
| Tue, 06 Sep 2022 | RM 14.5b | RM 5.4b | RM 983.2m | 31.7x | 14.7x | 2.7x |
| Thu, 04 Aug 2022 | RM 14.1b | RM 4.0b | RM 450.7m | 17.4x | 31.3x | 3.5x |
| Sat, 02 Jul 2022 | RM 14.8b | RM 4.0b | RM 447.8m | 31.2x | 33.1x | 3.7x |
| Mon, 30 May 2022 | RM 15.9b | RM 3.9b | RM 385.9m | 31.7x | 41.2x | 4x |
| Wed, 27 Apr 2022 | RM 16.9b | RM 3.8b | RM 384.5m | 34.7x | 43.9x | 4.4x |
Price to Earnings Ratio
43.9x
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 2.1x.
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 7.5% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 2.86% | |
| Tech | 3.34% | |
| IT | 6.40% | |
| IT Consulting | 6.57% | |
| Internet Services and Infrastructure | 3.28% | |
| Data Processing Services | 1.39% | |
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 6.8%, which is higher than its past year's earnings decline of 0.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 4.8% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 6.8% 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 | |
|---|---|---|---|---|---|
| NEXG NEXG Berhad | RM 0.32 | 33.3% +RM 222.6m | -26.4% | PE8.1x | |
| MMAG MMAG Holdings Berhad | RM 0.66 | 5.6% +RM 80.8m | 235.9% | PS2.8x | |
| CLOUDPT Cloudpoint Technology Berhad | RM 0.73 | 6.6% +RM 23.9m | 23.7% | PE19.1x | |
| MSNIAGA Mesiniaga Berhad | RM 1.49 | 23.1% +RM 16.9m | 0.7% | PS0.5x | |
| VTC VETECE Holdings Berhad | RM 0.28 | 12.0% +RM 11.8m | n/a | PE104.2x |
