Investors Appear Satisfied With AppAsia Berhad's (KLSE:APPASIA) Prospects As Shares Rocket 40%
Apr 02
Malaysian (KLSE) Software Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies26
- 7D1.0%
- 3M-9.8%
- 1Y-13.0%
- YTD-7.8%
Panda Eco System Berhad is up 9.5%, leading the way for the Software industry, which has gained 1.0%. During this same period, the AppAsia Berhad underperformed, falling 15%. However, the industry is down 13% over the past year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Malaysian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | RM4.0b | RM1.6b | RM12.7m | 42.1x | 316.4x | 2.5x |
| Wed, 13 Mar 2024 | RM3.7b | RM1.6b | RM13.4m | 31x | 275.2x | 2.3x |
| Fri, 09 Feb 2024 | RM4.2b | RM1.6b | RM59.4m | 26x | 70x | 2.7x |
| Sun, 07 Jan 2024 | RM4.5b | RM1.6b | RM65.8m | 25.2x | 68.9x | 2.8x |
| Tue, 05 Dec 2023 | RM4.3b | RM1.6b | RM73.8m | 25.7x | 58.4x | 2.6x |
| Thu, 02 Nov 2023 | RM4.2b | RM1.6b | RM4.8m | 25.8x | 867.1x | 2.6x |
| Sat, 30 Sep 2023 | RM4.3b | RM1.6b | RM4.8m | 26.5x | 878.4x | 2.7x |
| Mon, 28 Aug 2023 | RM4.2b | RM1.6b | RM11.2m | 27x | 375.7x | 2.7x |
| Wed, 26 Jul 2023 | RM4.2b | RM1.6b | RM8.7m | 22.4x | 485.9x | 2.7x |
| Fri, 23 Jun 2023 | RM4.1b | RM1.6b | RM8.5m | 21.7x | 484.8x | 2.6x |
| Sun, 21 May 2023 | RM4.0b | RM1.6b | -RM13,859,018.00 | 16.6x | -290.4x | 2.5x |
| Tue, 18 Apr 2023 | RM3.7b | RM1.5b | -RM26,187,900.00 | 15.4x | -142.2x | 2.4x |
| Thu, 16 Mar 2023 | RM3.6b | RM1.5b | -RM38,039,994.00 | 14.6x | -95.4x | 2.4x |
| Sat, 11 Feb 2023 | RM4.0b | RM1.4b | -RM102,437,859.00 | 20.2x | -38.8x | 2.8x |
| Mon, 09 Jan 2023 | RM3.8b | RM1.6b | -RM114,746,581.00 | 21.3x | -32.9x | 2.3x |
| Wed, 07 Dec 2022 | RM4.1b | RM1.6b | -RM74,087,828.00 | 21x | -55x | 2.6x |
| Fri, 04 Nov 2022 | RM3.6b | RM1.6b | -RM70,968,889.00 | 18.4x | -50.2x | 2.2x |
| Sun, 02 Oct 2022 | RM3.2b | RM1.6b | -RM62,781,477.00 | 19.2x | -51.2x | 2.1x |
| Tue, 30 Aug 2022 | RM3.5b | RM1.6b | -RM88,807,620.00 | 19.9x | -39.2x | 2.2x |
| Thu, 28 Jul 2022 | RM3.3b | RM1.5b | -RM147,033,277.00 | 15.9x | -22.2x | 2.1x |
| Sat, 25 Jun 2022 | RM3.1b | RM1.6b | -RM150,801,980.00 | 14.9x | -20.3x | 2x |
| Mon, 23 May 2022 | RM3.3b | RM1.5b | -RM104,122,150.00 | 14.9x | -32x | 2.2x |
| Wed, 20 Apr 2022 | RM3.6b | RM1.5b | -RM112,754,439.00 | 14.7x | -31.7x | 2.4x |
| Fri, 18 Mar 2022 | RM3.5b | RM1.6b | -RM124,720,664.00 | 14.9x | -28x | 2.2x |
| Sun, 13 Feb 2022 | RM3.9b | RM1.6b | -RM74,094,592.00 | 15.4x | -52.2x | 2.5x |
| Tue, 11 Jan 2022 | RM3.9b | RM1.6b | -RM112,712,116.00 | 15.8x | -35x | 2.5x |
| Thu, 09 Dec 2021 | RM3.5b | RM1.6b | -RM114,375,569.00 | 15.8x | -30.8x | 2.3x |
| Sat, 06 Nov 2021 | RM3.8b | RM1.6b | -RM169,032,190.00 | 18.3x | -22.5x | 2.4x |
| Mon, 04 Oct 2021 | RM3.8b | RM1.5b | -RM171,274,864.00 | 19.3x | -22.3x | 2.5x |
| Wed, 01 Sep 2021 | RM4.1b | RM1.6b | -RM202,430,622.00 | 18.4x | -20.2x | 2.6x |
| Thu, 08 Jul 2021 | RM4.1b | RM1.6b | -RM203,038,422.00 | 17.6x | -20.2x | 2.6x |
Price to Earnings Ratio
-134.4x
Current Industry PE
- Investors are optimistic on the Malaysian Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 316x which is higher than its 3-year average PE of 85.5x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- Total earnings for the Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.1% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Tech industry?
| MY Market | 0.18% | |
| Tech | 0.43% | |
| Software | 1.04% | |
| Application Software | 2.40% | |
| Systems Software | -1.31% | |
Industry PE
- Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 42.8%, which is higher than its past year's earnings decline of 20.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 21% per year.
- In contrast, the Systems Software industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PANDA Panda Eco System Berhad | RM0.34 | 9.5% +RM20.1m | n/a | PE53.8x | |
| ADB Autocount Dotcom Berhad | RM0.96 | 3.8% +RM19.3m | n/a | PE42.1x | |
| IFCAMSC IFCA MSC Berhad | RM0.34 | 6.2% +RM12.1m | 43.8% | PE98.1x | |
| LAMBO Lambo Group Berhad | RM0.03 | 20.0% +RM7.7m | 50.0% | PS2.5x | |
| RPLANET RedPlanet Berhad | RM0.25 | 16.3% +RM6.0m | n/a | PE12.5x |
