Be Wary Of LGMS Berhad (KLSE:LGMS) And Its Returns On Capital
Jul 23
Malaysian (KLSE) IT Consulting Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies24
- 7D-2.1%
- 3M20.6%
- 1Y24.5%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 2.2%, driven by declines in Infomina Berhad and Datasonic Group Berhad of 3.4% and 2.0%, respectively. In contrast, Edaran Berhad has gained 23%. Over the past 12 months, the industry was up 27%. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Malaysian IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | RM 6.4b | RM 2.9b | -RM 52,193,725.00 | 36.8x | -122.6x | 2.2x |
| Sun, 23 Jun 2024 | RM 5.7b | RM 2.9b | -RM 70,553,263.00 | 28x | -81.4x | 2x |
| Tue, 21 May 2024 | RM 5.5b | RM 2.9b | -RM 39,470,566.00 | 27.3x | -140.1x | 1.9x |
| Thu, 18 Apr 2024 | RM 4.9b | RM 2.9b | -RM 25,220,237.00 | 22.7x | -192.5x | 1.7x |
| Sat, 16 Mar 2024 | RM 4.8b | RM 2.9b | -RM 25,220,237.00 | 23.4x | -188.7x | 1.6x |
| Mon, 12 Feb 2024 | RM 4.5b | RM 2.9b | -RM 19,380,102.00 | 17.4x | -232.4x | 1.5x |
| Wed, 10 Jan 2024 | RM 4.9b | RM 3.0b | -RM 19,172,686.00 | 19x | -254.9x | 1.7x |
| Fri, 08 Dec 2023 | RM 4.5b | RM 3.0b | -RM 19,172,686.00 | 16.2x | -235.8x | 1.5x |
| Sun, 05 Nov 2023 | RM 4.5b | RM 2.9b | -RM 3,496,395.00 | 19.9x | -1294.7x | 1.5x |
| Tue, 03 Oct 2023 | RM 4.5b | RM 2.9b | -RM 6,033,395.00 | 18.8x | -746.5x | 1.5x |
| Thu, 31 Aug 2023 | RM 4.7b | RM 2.9b | RM 29.4m | 19.3x | 160.5x | 1.6x |
| Sat, 29 Jul 2023 | RM 4.9b | RM 2.8b | -RM 6,043,724.00 | 23.2x | -803.4x | 1.7x |
| Mon, 26 Jun 2023 | RM 6.0b | RM 4.3b | -RM 11,614,724.00 | 16.7x | -519.9x | 1.4x |
| Wed, 24 May 2023 | RM 5.5b | RM 4.1b | RM 343.5m | 15.6x | 16x | 1.3x |
| Fri, 21 Apr 2023 | RM 6.0b | RM 4.1b | RM 342.8m | 24.9x | 17.6x | 1.5x |
| Sun, 19 Mar 2023 | RM 5.8b | RM 4.1b | RM 342.8m | 25.4x | 17x | 1.4x |
| Tue, 14 Feb 2023 | RM 6.2b | RM 4.0b | RM 311.8m | 24x | 19.8x | 1.5x |
| Thu, 12 Jan 2023 | RM 5.9b | RM 4.0b | RM 294.1m | 25.7x | 20x | 1.5x |
| Sat, 10 Dec 2022 | RM 5.9b | RM 3.8b | RM 277.0m | 25.9x | 21.3x | 1.5x |
| Mon, 07 Nov 2022 | RM 5.9b | RM 3.6b | RM 511.6m | 39.5x | 11.4x | 1.6x |
| Wed, 05 Oct 2022 | RM 5.5b | RM 3.6b | RM 534.6m | 20.2x | 10.4x | 1.5x |
| Fri, 02 Sep 2022 | RM 5.8b | RM 3.6b | RM 534.6m | 20.6x | 10.9x | 1.6x |
| Sun, 31 Jul 2022 | RM 5.6b | RM 2.3b | RM 12.8m | 31.7x | 439.9x | 2.5x |
| Tue, 28 Jun 2022 | RM 5.3b | RM 2.3b | RM 13.2m | 31.4x | 397.1x | 2.3x |
| Thu, 26 May 2022 | RM 6.4b | RM 2.2b | -RM 32,457,063.00 | 36.2x | -197.8x | 2.9x |
| Sat, 23 Apr 2022 | RM 6.5b | RM 2.1b | -RM 33,068,958.00 | 35.2x | -197.2x | 3.1x |
| Mon, 21 Mar 2022 | RM 5.9b | RM 2.1b | -RM 44,026,958.00 | 39.1x | -134.6x | 2.8x |
| Wed, 16 Feb 2022 | RM 6.6b | RM 1.9b | -RM 55,343,508.00 | 37.8x | -118.5x | 3.4x |
| Fri, 14 Jan 2022 | RM 5.9b | RM 1.9b | -RM 55,025,700.00 | 33.7x | -107.5x | 3.1x |
| Sun, 12 Dec 2021 | RM 5.7b | RM 1.9b | -RM 55,025,700.00 | 29.6x | -102.7x | 2.9x |
| Tue, 09 Nov 2021 | RM 6.1b | RM 1.8b | -RM 53,904,392.00 | 20.9x | -112.6x | 3.3x |
| Thu, 07 Oct 2021 | RM 6.1b | RM 1.8b | -RM 55,536,575.00 | 22.3x | -110.4x | 3.4x |
| Sat, 04 Sep 2021 | RM 6.2b | RM 1.8b | -RM 118,067,935.00 | 10.7x | -52.8x | 3.4x |
| Mon, 02 Aug 2021 | RM 6.2b | RM 1.8b | -RM 118,067,935.00 | 11.5x | -52.3x | 3.4x |
Price to Earnings Ratio
-52.3x
Current Industry PE
- Investors are relatively neutral on the Malaysian IT Consulting and Other Services 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
- The earnings for companies in the IT Consulting and Other Services industry have improved over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Malaysian IT Consulting compare with similar industries?
| MY Market | -1.65% | |
| Tech | -3.91% | |
| IT | -2.35% | |
| IT Consulting | -2.12% | |
| Data Processing Services | -4.92% | |
| Internet Services and Infrastructure | -5.72% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GOHUB Go Hub Capital Berhad | RM 1.15 | 29.2% +RM 104.0m | n/a | n/a | |
| EAH EA Holdings Berhad | RM 0.01 | 100.0% +RM 32.3m | 0% | PS1.3x | |
| DATAPRP Dataprep Holdings Bhd | RM 0.23 | 7.0% +RM 11.1m | 31.4% | PS5.5x | |
| EDARAN Edaran Berhad | RM 1.72 | 5.5% +RM 5.2m | 218.5% | PE35.1x |
