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Malaysian (KLSE) IT Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies28
  • 7D-4.8%
  • 3M-11.4%
  • 1Y-33.5%
  • YTD-5.8%

Over the last 7 days, the IT industry has dropped 4.8%, driven by pullbacks in Go Hub Capital Berhad and NEXG Berhad of 13% and 5.1%, respectively. Meanwhile, Infoline Tec Group Berhad actually outperformed within the industry, gaining 10% in the last week. Overall the industry is down 33% in 12 months. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026RM 4.2bRM 4.0bRM 85.0m11.6x49.9x1.1x
Fri, 30 Jan 2026RM 4.4bRM 3.6bRM 247.1m14.2x17.8x1.2x
Sun, 28 Dec 2025RM 4.6bRM 3.6bRM 244.3m14.9x18.7x1.3x
Tue, 25 Nov 2025RM 5.1bRM 3.2bRM 107.1m16.7x47.7x1.6x
Thu, 23 Oct 2025RM 6.6bRM 3.2bRM 105.8m17.9x62.6x2.1x
Sat, 20 Sep 2025RM 7.0bRM 3.2bRM 76.3m17.2x91.3x2.2x
Mon, 18 Aug 2025RM 6.2bRM 3.1bRM 23.7m18.3x260.5x2x
Wed, 16 Jul 2025RM 6.2bRM 3.0bRM 56.3m17.6x109.8x2.1x
Fri, 13 Jun 2025RM 5.8bRM 3.1bRM 27.8m19.8x209.4x1.9x
Sun, 11 May 2025RM 6.1bRM 3.0b-RM 1,860,426.0020.2x-3268.2x2x
Tue, 08 Apr 2025RM 5.4bRM 3.0b-RM 2,561,447.0018.3x-2104.7x1.8x
Thu, 06 Mar 2025RM 5.6bRM 3.0bRM 44.5m20.3x126.4x1.9x
Sat, 01 Feb 2025RM 6.5bRM 3.1bRM 13.2m25.2x491x2.1x
Mon, 30 Dec 2024RM 6.8bRM 3.1b-RM 32,712,507.0027.3x-207x2.2x
Wed, 27 Nov 2024RM 6.6bRM 3.2b-RM 16,150,351.0037.8x-410.3x2x
Fri, 25 Oct 2024RM 6.4bRM 3.1b-RM 63,146,108.0027.7x-100.8x2x
Sun, 22 Sep 2024RM 6.5bRM 3.1b-RM 45,529,758.0024.8x-142.3x2.1x
Tue, 20 Aug 2024RM 6.6bRM 3.1b-RM 52,138,270.0033.8x-127.3x2.1x
Thu, 18 Jul 2024RM 7.0bRM 3.1b-RM 54,633,725.0029.9x-128.2x2.2x
Sat, 15 Jun 2024RM 6.2bRM 3.1b-RM 73,920,263.0027.2x-83.4x2x
Mon, 13 May 2024RM 5.4bRM 3.1b-RM 23,079,361.0025.8x-235x1.8x
Wed, 10 Apr 2024RM 5.2bRM 3.2b-RM 7,938,032.0022.1x-655x1.6x
Fri, 08 Mar 2024RM 4.9bRM 3.2b-RM 7,939,032.0021.8x-621.8x1.6x
Sun, 04 Feb 2024RM 4.7bRM 3.2b-RM 2,337,696.0017.6x-2024.4x1.5x
Tue, 02 Jan 2024RM 4.9bRM 3.2b-RM 6,233,481.0017.8x-793.6x1.5x
Thu, 30 Nov 2023RM 4.9bRM 3.2bRM 18.4m18.2x268.4x1.6x
Sat, 28 Oct 2023RM 4.8bRM 3.1bRM 12.1m19.6x394.4x1.5x
Mon, 25 Sep 2023RM 4.9bRM 3.1bRM 10.6m18.6x460.1x1.6x
Wed, 23 Aug 2023RM 5.0bRM 3.0bRM 27.8m22x180x1.6x
Fri, 21 Jul 2023RM 5.1bRM 3.0bRM 5.8m22.3x874x1.7x
Sun, 18 Jun 2023RM 6.5bRM 4.4bRM 4.8m19.4x1336.3x1.5x
Tue, 16 May 2023RM 5.8bRM 4.3bRM 357.3m17.9x16.3x1.4x
Thu, 13 Apr 2023RM 6.6bRM 4.3bRM 356.6m23.5x18.5x1.5x
Sat, 11 Mar 2023RM 8.0bRM 5.1bRM 403.8m28.9x19.9x1.6x
Price to Earnings Ratio

19.9x


Total Market Cap: RM 8.0bTotal Earnings: RM 403.8mTotal Revenue: RM 5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -13.6x202420252026
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 49.9x 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 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 41% per year over the last three years,
  • Revenues have also declined 7.5% 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-1.67%
Tech-0.33%
IT-4.83%
Internet Services and Infrastructure6.06%
Data Processing Services5.41%
IT Consulting-5.13%
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 39.0%, which is higher than its past year's earnings growth of 4.0% 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 39% over the next 5 years.
  • This is better than its past earnings growth rate of 4.0% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 39% 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 0.3810.3%
+RM 12.7m		-53.1%PE11.9x
MPAY ManagePay Systems BerhadRM 0.077.7%
+RM 5.2m		-6.7%PS3.9x
LYC LYC Healthcare BerhadRM 0.0233.3%
+RM 3.7m		-71.4%PS0.1x
DIGISTA Digistar Corporation BerhadRM 0.0511.1%
+RM 3.1m		0%PS0.8x
MSNIAGA Mesiniaga BerhadRM 1.191.7%
+RM 1.2m		-16.2%PE6.1x

Latest News

DATAPRP
RM 0.06
Dataprep Holdings Bhd
7D
-14.3%
1Y
-53.8%
FSBM
RM 0.23
FSBM Holdings Berhad
7D
0%
1Y
7.1%
THETA
RM 0.59
Theta Edge Berhad
7D
-13.8%
1Y
-44.4%
GOHUB
RM 0.81
Go Hub Capital Berhad
7D
-10.1%
1Y
-3.0%
MSNIAGA
RM 1.19
Mesiniaga Berhad
7D
1.7%
1Y
-16.2%
NEXG
RM 0.27
NEXG Berhad
7D
-6.9%
1Y
3.8%
EDARAN
RM 1.12
Edaran Berhad
7D
-13.2%
1Y
-8.2%
MPAY
RM 0.07
ManagePay Systems Berhad
7D
7.7%
1Y
-6.7%
INFOM
RM 1.15
Infomina Berhad
7D
-3.4%
1Y
10.6%
INFOTEC
RM 0.38
Infoline Tec Group Berhad
7D
10.3%
1Y
-53.1%
DIGISTA
RM 0.05
Digistar Corporation Berhad
7D
11.1%
1Y
0%
MMAG
RM 0.025
MMAG Holdings Berhad
7D
-37.5%
1Y
-95.0%
ICTZONE
RM 0.17
ICT Zone Asia Berhad
7D
-7.9%
1Y
-37.5%
LYC
RM 0.02
LYC Healthcare Berhad
7D
33.3%
1Y
-71.4%