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Malaysian (KLSE) Software Industry Analysis

UpdatedJun 09, 2026
DataAggregated Company Financials
Companies24
  • 7D-4.2%
  • 3M-2.9%
  • 1Y-29.4%
  • YTD-4.9%

Over the last 7 days, the Software industry has dropped 4.2%, driven by a pullback from Insights Analytics Berhad of 5.3%. Meanwhile, TFP Solutions Berhad actually outperformed within the industry, gaining 240% in the last week. Overall the industry is down 29% in 12 months. Looking forward, earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026RM 3.0bRM 2.2b-RM 275,098,370.0017.8x-11x1.4x
Fri, 08 May 2026RM 3.1bRM 2.0b-RM 275,350,794.0021.9x-11.3x1.6x
Sun, 05 Apr 2026RM 2.9bRM 2.0b-RM 270,002,667.0019.2x-10.8x1.5x
Tue, 03 Mar 2026RM 3.3bRM 2.0b-RM 28,975,818.0020.7x-115.2x1.6x
Thu, 29 Jan 2026RM 3.5bRM 2.0b-RM 17,495,719.0015x-202.1x1.8x
Sat, 27 Dec 2025RM 3.0bRM 2.1b-RM 68,659,106.0016.3x-44.1x1.5x
Mon, 24 Nov 2025RM 3.3bRM 2.1b-RM 46,389,233.0017.3x-70.6x1.6x
Wed, 22 Oct 2025RM 3.0bRM 2.1b-RM 108,669,358.0017.9x-28x1.5x
Fri, 19 Sep 2025RM 2.9bRM 2.1b-RM 79,227,373.0016.8x-36.8x1.4x
Sun, 17 Aug 2025RM 3.0bRM 2.0b-RM 95,000,020.0016.1x-31.6x1.5x
Tue, 15 Jul 2025RM 3.1bRM 2.0b-RM 91,074,659.0017.1x-34.2x1.5x
Thu, 12 Jun 2025RM 3.1bRM 1.8b-RM 127,955,826.0019x-24.6x1.7x
Sat, 10 May 2025RM 3.3bRM 1.8b-RM 140,266,936.0018.6x-23.4x1.8x
Mon, 07 Apr 2025RM 3.1bRM 1.8b-RM 142,080,381.0018.6x-21.7x1.7x
Wed, 05 Mar 2025RM 3.2bRM 1.9b-RM 162,438,429.0019.6x-19.8x1.7x
Fri, 31 Jan 2025RM 3.8bRM 1.7b-RM 159,923,377.0029.4x-23.7x2.2x
Sun, 29 Dec 2024RM 4.0bRM 1.7b-RM 147,541,884.0031.6x-27.3x2.3x
Tue, 26 Nov 2024RM 3.8bRM 1.7b-RM 54,308,930.0029.6x-69.2x2.2x
Thu, 24 Oct 2024RM 4.0bRM 1.7b-RM 36,809,656.0036.2x-108.6x2.4x
Sat, 21 Sep 2024RM 4.3bRM 1.7b-RM 39,525,537.0037.2x-107.7x2.5x
Mon, 19 Aug 2024RM 4.6bRM 1.7b-RM 26,919,389.0043.2x-172.1x2.8x
Wed, 17 Jul 2024RM 5.3bRM 1.7b-RM 15,191,726.0049.1x-347.4x3.2x
Fri, 14 Jun 2024RM 5.2bRM 1.7b-RM 14,458,672.0047.2x-362.5x3.1x
Sun, 12 May 2024RM 4.3bRM 1.6bRM 10.4m42.6x412.3x2.6x
Tue, 09 Apr 2024RM 4.0bRM 1.6bRM 12.7m40.8x311.9x2.5x
Thu, 07 Mar 2024RM 4.1bRM 1.6bRM 13.5m28.5x300.9x2.6x
Sat, 03 Feb 2024RM 4.3bRM 1.6bRM 65.7m24.9x66.2x2.7x
Mon, 01 Jan 2024RM 4.3bRM 1.6bRM 65.8m25.5x66x2.7x
Wed, 29 Nov 2023RM 4.4bRM 1.6bRM 11.8m25.8x370.1x2.7x
Fri, 27 Oct 2023RM 4.2bRM 1.6bRM 4.8m25.9x870.8x2.7x
Sun, 24 Sep 2023RM 4.3bRM 1.6bRM 10.8m27.5x395.5x2.7x
Tue, 22 Aug 2023RM 4.2bRM 1.6bRM 9.4m24.9x447.2x2.7x
Thu, 20 Jul 2023RM 4.3bRM 1.6bRM 8.7m23.3x490.8x2.7x
Sat, 17 Jun 2023RM 4.2bRM 1.6bRM 8.5m22x494x2.7x
Price to Earnings Ratio

494x


Total Market Cap: RM 4.2bTotal Earnings: RM 8.5mTotal Revenue: RM 1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Software Industry Price to Earnings3Y Average 63.4x202420252026
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 2.2x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 12% 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 decreased profits.

Industry Trends

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

MY Market-1.11%
Tech-5.22%
Software-4.15%
Systems Software-2.92%
Application Software-5.37%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 7.5% over the next 5 years.
    • This is better than its past earnings decline of 1.6% per year.
    • In contrast, the Systems Software industry is expected to see its earnings grow by 7.5% 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
    		TFP TFP Solutions BerhadRM 0.085240.0%
    +RM 38.7m    		183.3%PS16.4x
    		NOVAMSC Nova MSC BerhadRM 0.05510.0%
    +RM 10.8m    		-26.7%PS4.3x
    		NEXGRAM Nexgram Holdings BerhadRM 0.04528.6%
    +RM 9.8m    		200.0%PS0.9x
    		MICROLN Microlink Solutions BerhadRM 0.0757.1%
    +RM 8.0m    		-55.9%PS0.4x
    		WILLOW Willowglen MSC BerhadRM 0.293.6%
    +RM 4.8m    		9.4%PE18.3x

    Latest News

    N2N
    RM 0.34
    N2N Connect Berhad
    7D
    1.5%
    1Y
    -19.0%
    KRONO
    RM 0.11
    Kronologi Asia Berhad
    7D
    -8.3%
    1Y
    -54.2%
    EFORCE
    RM 0.17
    Excel Force MSC Berhad
    7D
    -5.6%
    1Y
    -32.0%
    SYSTECH
    RM 0.20
    Systech Bhd
    7D
    -16.7%
    1Y
    2.6%
    WILLOW
    RM 0.29
    Willowglen MSC Berhad
    7D
    3.6%
    1Y
    9.4%
    Analysis Article • May 28

    Willowglen MSC Berhad's (KLSE:WILLOW) Strong Earnings Are Of Good Quality

    Willowglen MSC Berhad ( KLSE:WILLOW ) just reported healthy earnings but the stock price didn't move much. Investors...
    NOVAMSC
    RM 0.055
    Nova MSC Berhad
    7D
    10.0%
    1Y
    -26.7%
    AGMO
    RM 0.33
    Agmo Holdings Berhad
    7D
    -5.7%
    1Y
    -29.0%
    PANDA
    RM 0.20
    Panda Eco System Berhad
    7D
    2.6%
    1Y
    -31.0%
    TFP
    RM 0.085
    TFP Solutions Berhad
    7D
    240.0%
    1Y
    183.3%
    ADB
    RM 0.64
    Autocount Dotcom Berhad
    7D
    -3.8%
    1Y
    -38.5%
    IFCAMSC
    RM 0.22
    IFCA MSC Berhad
    7D
    -8.3%
    1Y
    -36.2%
    CUSCAPI
    RM 0.095
    Cuscapi Berhad
    7D
    -5.0%
    1Y
    -44.1%
    MICROLN
    RM 0.075
    Microlink Solutions Berhad
    7D
    7.1%
    1Y
    -55.9%
    IAB
    RM 1.26
    Insights Analytics Berhad
    7D
    -5.3%
    1Y
    n/a
    ALRICH
    RM 0.055
    Aldrich Resources Berhad
    7D
    22.2%
    1Y
    -31.3%
    NEXGRAM
    RM 0.045
    Nexgram Holdings Berhad
    7D
    28.6%
    1Y
    200.0%
    Analysis Article • Jan 07

    Revenues Working Against Nexgram Holdings Berhad's (KLSE:NEXGRAM) Share Price Following 50% Dive

    Nexgram Holdings Berhad ( KLSE:NEXGRAM ) shareholders won't be pleased to see that the share price has had a very rough...