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Malaysian (KLSE) IT Industry Analysis

UpdatedApr 24, 2026
DataAggregated Company Financials
Companies31
  • 7D6.7%
  • 3M-2.2%
  • 1Y-32.7%
  • YTD-3.3%

The IT industry is up 7.7% in the last week, with NEXG Berhad up 31%. In contrast, the industry has lost 33% in the last 12 months. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Apr 2026RM 4.9bRM 4.3bRM 28.6m13.1x170.6x1.1x
Sun, 22 Mar 2026RM 4.5bRM 4.2bRM 97.0m12.1x46.2x1.1x
Tue, 17 Feb 2026RM 4.5bRM 3.6bRM 242.8m12.8x18.3x1.2x
Thu, 15 Jan 2026RM 4.6bRM 3.6bRM 246.9m16.2x18.5x1.3x
Sat, 13 Dec 2025RM 4.7bRM 3.6bRM 242.1m15.1x19.4x1.3x
Mon, 10 Nov 2025RM 4.9bRM 3.2bRM 106.1m16.5x46x1.5x
Wed, 08 Oct 2025RM 7.2bRM 3.2bRM 105.8m18.2x68.4x2.3x
Fri, 05 Sep 2025RM 6.4bRM 3.2bRM 61.5m16.2x103.3x2x
Sun, 03 Aug 2025RM 6.6bRM 3.0bRM 48.6m17.8x134.9x2.2x
Tue, 01 Jul 2025RM 5.7bRM 2.8bRM 46.1m18.5x123.5x2x
Thu, 29 May 2025RM 5.9bRM 3.0b-RM 2,901,871.0021.9x-2038.3x2x
Sat, 26 Apr 2025RM 6.0bRM 3.0b-RM 3,197,447.0020.2x-1891.6x2x
Mon, 24 Mar 2025RM 6.3bRM 3.0bRM 44.5m20.7x140.9x2.1x
Wed, 19 Feb 2025RM 6.3bRM 3.1bRM 21.0m23.3x300x2x
Fri, 17 Jan 2025RM 6.5bRM 3.1b-RM 32,712,507.0025.4x-199.3x2.1x
Sun, 15 Dec 2024RM 6.9bRM 3.1b-RM 32,607,186.0027.8x-210.2x2.2x
Tue, 12 Nov 2024RM 6.5bRM 3.1b-RM 65,742,602.0026.7x-98.3x2.1x
Thu, 10 Oct 2024RM 6.6bRM 3.1b-RM 63,891,108.0029.6x-102.9x2.1x
Sat, 07 Sep 2024RM 6.3bRM 3.1b-RM 47,870,855.0027.5x-132.1x2x
Mon, 05 Aug 2024RM 6.6bRM 3.1b-RM 53,909,881.0031.9x-122.5x2.1x
Wed, 03 Jul 2024RM 6.4bRM 3.1b-RM 72,993,263.0028.9x-87.5x2x
Fri, 31 May 2024RM 5.8bRM 3.1b-RM 22,938,361.0024.8x-251.7x1.9x
Sun, 28 Apr 2024RM 5.2bRM 3.1b-RM 21,878,032.0025.2x-239.7x1.7x
Tue, 26 Mar 2024RM 5.1bRM 3.2b-RM 7,938,032.0023.3x-639.9x1.6x
Thu, 22 Feb 2024RM 5.0bRM 3.2b-RM 6,440,897.0018.2x-774x1.6x
Sat, 20 Jan 2024RM 4.7bRM 3.2b-RM 2,338,481.0017.4x-1992.6x1.4x
Mon, 18 Dec 2023RM 4.9bRM 3.2b-RM 6,233,481.0017.6x-785.8x1.5x
Wed, 15 Nov 2023RM 4.9bRM 3.1bRM 11.0m21.2x449.2x1.6x
Fri, 13 Oct 2023RM 4.9bRM 3.1bRM 9.5m19.6x514.7x1.6x
Sun, 10 Sep 2023RM 4.9bRM 3.1bRM 10.6m18.1x463.5x1.6x
Tue, 08 Aug 2023RM 4.9bRM 3.0bRM 28.1m20.7x175.8x1.6x
Thu, 06 Jul 2023RM 5.1bRM 3.0bRM 5.8m21.9x876.2x1.7x
Sat, 03 Jun 2023RM 6.3bRM 4.4b-RM 4,811,724.0017.9x-1316.7x1.4x
Mon, 01 May 2023RM 6.4bRM 4.3bRM 359.2m19.3x17.7x1.5x
Price to Earnings Ratio

17.7x


Total Market Cap: RM 6.4bTotal Earnings: RM 359.2mTotal Revenue: RM 4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian IT Industry Price to Earnings3Y Average -9.2x202420252026
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 170x which is higher than its 3-year average PE of -9.3x.
  • The 3-year average PS ratio of 1.7x 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 57% per year over the last three years.
  • 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 Market1.52%
Tech4.02%
IT6.69%
IT Consulting7.43%
Data Processing Services2.43%
Internet Services and Infrastructure-2.68%
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 24.3%, which is higher than its past year's earnings growth of 7.6% 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 24% over the next 5 years.
  • This is better than its past earnings growth rate of 7.6% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 23% 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
NEXG NEXG BerhadRM 0.3230.6%
+RM 261.7m		-11.1%PS3.2x
CLOUDPT Cloudpoint Technology BerhadRM 0.5711.8%
+RM 31.9m		-18.0%PE14.1x
GOHUB Go Hub Capital BerhadRM 0.976.6%
+RM 26.4m		17.6%PE81.2x
VTC VETECE Holdings BerhadRM 0.2317.9%
+RM 13.7m		-19.3%PE23.2x
OMESTI Omesti BerhadRM 0.0757.1%
+RM 11.6m		-46.4%PS2.5x

Latest News

INFOM
RM 1.11
Infomina Berhad
7D
-3.5%
1Y
30.6%
LGMS
RM 0.53
LGMS Berhad
7D
-2.8%
1Y
-39.3%
INFOTEC
RM 0.36
Infoline Tec Group Berhad
7D
-8.9%
1Y
-52.6%
NEXG
RM 0.32
NEXG Berhad
7D
30.6%
1Y
-11.1%
HTPADU
RM 1.43
HeiTech Padu Berhad
7D
-4.7%
1Y
-17.6%
FSBM
RM 0.21
FSBM Holdings Berhad
7D
-2.3%
1Y
-8.5%
TECHSTORE
RM 0.27
TechStore Berhad
7D
6.0%
1Y
23.3%
CLOUDPT
RM 0.57
Cloudpoint Technology Berhad
7D
11.8%
1Y
-18.0%
THETA
RM 0.65
Theta Edge Berhad
7D
6.6%
1Y
-48.0%
GOHUB
RM 0.97
Go Hub Capital Berhad
7D
6.6%
1Y
17.6%
DFX
RM 0.085
Divfex Berhad
7D
-5.6%
1Y
-15.0%
OMESTI
RM 0.075
Omesti Berhad
7D
7.1%
1Y
-46.4%
MPAY
RM 0.07
ManagePay Systems Berhad
7D
16.7%
1Y
-12.5%
DIGISTA
RM 0.04
Digistar Corporation Berhad
7D
-11.1%
1Y
-11.1%
VTC
RM 0.23
VETECE Holdings Berhad
7D
17.9%
1Y
-19.3%
MMAG
RM 0.03
MMAG Holdings Berhad
7D
-14.3%
1Y
-95.3%