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Malaysian (KLSE) Software Industry Analysis

UpdatedAug 16, 2025
DataAggregated Company Financials
Companies25
  • 7D-1.1%
  • 3M-15.6%
  • 1Y-37.9%
  • YTD-30.1%

Over the last 7 days, the Software industry has dropped 1.1%, driven by Systech Bhd declining 22%. Meanwhile, Nova MSC Berhad actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 38% in 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Aug 2025RM 3.0bRM 2.0b-RM 95,967,020.0016.1x-31.3x1.5x
Mon, 14 Jul 2025RM 3.1bRM 2.0b-RM 91,074,659.0015.5x-34.4x1.5x
Wed, 11 Jun 2025RM 3.2bRM 1.8b-RM 127,955,826.0018.6x-24.7x1.7x
Fri, 09 May 2025RM 3.2bRM 1.8b-RM 140,464,341.0018.4x-23.1x1.8x
Sun, 06 Apr 2025RM 3.1bRM 1.8b-RM 142,080,381.0018.6x-21.7x1.7x
Tue, 04 Mar 2025RM 3.3bRM 1.8b-RM 123,740,502.0020.3x-26.8x1.8x
Thu, 30 Jan 2025RM 3.8bRM 1.7b-RM 159,923,377.0029.4x-23.7x2.2x
Sat, 28 Dec 2024RM 4.0bRM 1.7b-RM 149,131,884.0031.6x-27x2.3x
Mon, 25 Nov 2024RM 3.8bRM 1.7b-RM 54,308,930.0029.9x-69.7x2.2x
Wed, 23 Oct 2024RM 4.0bRM 1.7b-RM 36,809,656.0036.2x-109.7x2.4x
Fri, 20 Sep 2024RM 4.2bRM 1.7b-RM 39,525,537.0036.6x-107.4x2.5x
Sun, 18 Aug 2024RM 4.6bRM 1.7b-RM 26,919,389.0043.2x-172.1x2.8x
Tue, 16 Jul 2024RM 5.3bRM 1.7b-RM 15,191,726.0049.1x-348.4x3.2x
Thu, 13 Jun 2024RM 5.0bRM 1.7b-RM 14,458,672.0045.8x-349.2x3x
Sat, 11 May 2024RM 4.3bRM 1.6bRM 10.4m42.6x412.3x2.6x
Mon, 08 Apr 2024RM 4.0bRM 1.6bRM 12.7m40.6x312.8x2.5x
Wed, 06 Mar 2024RM 4.1bRM 1.6bRM 13.5m28.2x300.7x2.6x
Fri, 02 Feb 2024RM 4.4bRM 1.6bRM 65.9m25.3x66.3x2.7x
Sun, 31 Dec 2023RM 4.3bRM 1.6bRM 65.8m25.5x66x2.7x
Tue, 28 Nov 2023RM 4.4bRM 1.6bRM 19.0m25.5x229.8x2.7x
Thu, 26 Oct 2023RM 4.2bRM 1.6bRM 4.8m26.6x877.6x2.7x
Sat, 23 Sep 2023RM 4.3bRM 1.6bRM 10.8m27.5x395.5x2.7x
Mon, 21 Aug 2023RM 4.2bRM 1.6bRM 9.4m24.7x447.2x2.7x
Wed, 19 Jul 2023RM 4.3bRM 1.6bRM 8.7m23.3x490.8x2.7x
Fri, 16 Jun 2023RM 4.2bRM 1.6bRM 8.5m23.3x495.1x2.7x
Sun, 14 May 2023RM 4.0bRM 1.6b-RM 12,461,018.0015.7x-324x2.6x
Tue, 11 Apr 2023RM 3.7bRM 1.5b-RM 26,187,900.0015.5x-140.2x2.4x
Thu, 09 Mar 2023RM 3.8bRM 1.5b-RM 38,488,239.0015.7x-97.9x2.5x
Sat, 04 Feb 2023RM 4.0bRM 1.4b-RM 107,490,478.0023.2x-37.6x2.8x
Mon, 02 Jan 2023RM 3.8bRM 1.6b-RM 114,746,581.0021.5x-32.9x2.3x
Wed, 30 Nov 2022RM 3.7bRM 1.6b-RM 70,368,938.0018.8x-53.1x2.3x
Fri, 28 Oct 2022RM 3.5bRM 1.6b-RM 68,597,764.0018.1x-51.3x2.3x
Sun, 25 Sep 2022RM 3.3bRM 1.6b-RM 68,095,477.0019.9x-49.1x2.2x
Tue, 23 Aug 2022RM 3.5bRM 1.5b-RM 81,517,563.0017.1x-42.8x2.3x
Price to Earnings Ratio

-42.8x


Total Market Cap: RM 3.5bTotal Earnings: -RM 81,517,563.00Total Revenue: RM 1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Software Industry Price to Earnings3Y Average 74.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Malaysian Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Software industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 9.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

Which industries have driven the changes within the Malaysian Tech industry?

MY Market0.85%
Tech3.12%
Software-1.09%
Systems Software-0.59%
Application Software-1.33%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 13% over the next 5 years.
    • However this is lower than its past earnings growth rate of 24% per year.
    • In contrast, the Systems Software industry is expected to see its earnings grow by 13% 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
    		NOVAMSC Nova MSC BerhadRM 0.0511.1%
    +RM 10.8m    		-76.7%PS2.9x
    		EVD Evd BerhadRM 0.0833.3%
    +RM 8.9m    		-23.8%PS0.8x
    		ALRICH Aldrich Resources BerhadRM 0.02525.0%
    +RM 5.6m    		-28.6%PE15.4x
    		AGMO Agmo Holdings BerhadRM 0.531.9%
    +RM 3.3m    		-21.6%PE20.8x
    		CENSOF Censof Holdings BerhadRM 0.182.9%
    +RM 2.8m    		-41.9%PE37.1x

    Latest News

    SYSTECH
    RM 0.14
    Systech Bhd
    7D
    -22.2%
    1Y
    -56.3%
    AGMO
    RM 0.53
    Agmo Holdings Berhad
    7D
    1.9%
    1Y
    -21.6%
    CENSOF
    RM 0.18
    Censof Holdings Berhad
    7D
    2.9%
    1Y
    -41.9%
    IFCAMSC
    RM 0.26
    IFCA MSC Berhad
    7D
    -3.7%
    1Y
    -62.3%
    ARBB
    RM 0.03
    ARB Berhad
    7D
    -14.3%
    1Y
    -14.3%

    Lacklustre Performance Is Driving ARB Berhad's (KLSE:ARBB) 29% Price Drop

    Jul 13
    Lacklustre Performance Is Driving ARB Berhad's (KLSE:ARBB) 29% Price Drop
    NOVAMSC
    RM 0.05
    Nova MSC Berhad
    7D
    11.1%
    1Y
    -76.7%

    Health Check: How Prudently Does Nova MSC Berhad (KLSE:NOVAMSC) Use Debt?

    Jul 09
    Health Check: How Prudently Does Nova MSC Berhad (KLSE:NOVAMSC) Use Debt?
    EVD
    RM 0.08
    Evd Berhad
    7D
    33.3%
    1Y
    -23.8%
    KRONO
    RM 0.22
    Kronologi Asia Berhad
    7D
    -2.2%
    1Y
    -39.7%
    ALRICH
    RM 0.025
    Aldrich Resources Berhad
    7D
    25.0%
    1Y
    -28.6%
    REXIT
    RM 0.53
    Rexit Berhad
    7D
    -2.8%
    1Y
    -41.4%
    APPASIA
    RM 0.095
    AppAsia Berhad
    7D
    -5.0%
    1Y
    -34.5%
    N2N
    RM 0.42
    N2N Connect Berhad
    7D
    -2.3%
    1Y
    -18.4%
    EFORCE
    RM 0.23
    Excel Force MSC Berhad
    7D
    -4.2%
    1Y
    -24.6%