There's Reason For Concern Over LGMS Berhad's (KLSE:LGMS) Massive 28% Price Jump
Jun 13
Malaysian (KLSE) IT Consulting Industry Analysis
UpdatedJun 14, 2024
DataAggregated Company Financials
Companies23
- 7D6.1%
- 3M22.7%
- 1Y28.9%
- YTDn/a
Over the last 7 days, the IT Consulting industry has risen 4.2%, driven by gains from Datasonic Group Berhad of 5.8%. Meanwhile, EA Holdings Berhad actually underperformed within the industry, shrinking 50% in the last week. In the last 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 7.9% annually.
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, 14 Jun 2024 | RM5.9b | RM2.9b | -RM71,480,263.00 | 27.9x | -82.4x | 2x |
| Sun, 12 May 2024 | RM5.1b | RM2.9b | -RM39,456,566.00 | 27.7x | -129.1x | 1.8x |
| Tue, 09 Apr 2024 | RM4.9b | RM2.9b | -RM25,220,237.00 | 22.9x | -193.6x | 1.7x |
| Thu, 07 Mar 2024 | RM4.6b | RM2.9b | -RM25,336,237.00 | 23.7x | -182.8x | 1.6x |
| Sat, 03 Feb 2024 | RM4.5b | RM3.0b | -RM15,277,686.00 | 18.2x | -291.8x | 1.5x |
| Mon, 01 Jan 2024 | RM4.7b | RM3.0b | -RM19,172,686.00 | 17.6x | -242.5x | 1.6x |
| Wed, 29 Nov 2023 | RM4.6b | RM3.0b | RM67,901.00 | 19.4x | 68398.7x | 1.6x |
| Fri, 27 Oct 2023 | RM4.7b | RM2.9b | -RM3,496,395.00 | 20.1x | -1344.4x | 1.6x |
| Sun, 24 Sep 2023 | RM4.6b | RM2.9b | -RM4,991,551.00 | 19.1x | -915.4x | 1.6x |
| Tue, 22 Aug 2023 | RM4.7b | RM2.8b | RM15.5m | 22.8x | 303.7x | 1.7x |
| Thu, 20 Jul 2023 | RM4.8b | RM2.8b | -RM6,043,724.00 | 23.2x | -796.8x | 1.7x |
| Sat, 17 Jun 2023 | RM6.2b | RM4.3b | -RM7,026,724.00 | 17.1x | -876.1x | 1.4x |
| Mon, 15 May 2023 | RM5.6b | RM4.1b | RM343.5m | 15.7x | 16.2x | 1.3x |
| Wed, 12 Apr 2023 | RM6.2b | RM4.1b | RM342.8m | 25x | 18.2x | 1.5x |
| Fri, 10 Mar 2023 | RM6.0b | RM4.1b | RM342.8m | 25.5x | 17.5x | 1.4x |
| Sun, 05 Feb 2023 | RM6.6b | RM4.0b | RM311.8m | 29.4x | 21.1x | 1.6x |
| Tue, 03 Jan 2023 | RM5.7b | RM4.0b | RM294.1m | 25.1x | 19.4x | 1.4x |
| Thu, 01 Dec 2022 | RM5.5b | RM3.8b | RM258.9m | 32.8x | 21.1x | 1.4x |
| Sat, 29 Oct 2022 | RM5.7b | RM3.6b | RM511.2m | 19.7x | 11.2x | 1.6x |
| Mon, 26 Sep 2022 | RM5.7b | RM3.6b | RM534.6m | 20.5x | 10.7x | 1.6x |
| Wed, 24 Aug 2022 | RM5.9b | RM2.3b | RM13.4m | 31.7x | 438.6x | 2.5x |
| Fri, 22 Jul 2022 | RM5.5b | RM2.3b | RM13.2m | 30.2x | 416.8x | 2.4x |
| Sun, 19 Jun 2022 | RM5.3b | RM2.3b | RM13.2m | 31.7x | 398.3x | 2.3x |
| Tue, 17 May 2022 | RM6.3b | RM2.1b | -RM33,584,349.00 | 34.3x | -186.2x | 2.9x |
| Thu, 14 Apr 2022 | RM6.4b | RM2.1b | -RM44,026,958.00 | 42.2x | -144.4x | 3x |
| Sat, 12 Mar 2022 | RM6.0b | RM2.1b | -RM44,026,958.00 | 39.3x | -135.3x | 2.8x |
| Mon, 07 Feb 2022 | RM6.3b | RM1.9b | -RM55,343,508.00 | 36.3x | -114.2x | 3.3x |
| Wed, 05 Jan 2022 | RM5.9b | RM1.9b | -RM55,025,700.00 | 32.6x | -106.7x | 3x |
| Fri, 03 Dec 2021 | RM5.6b | RM1.9b | -RM55,025,700.00 | 29.4x | -101.1x | 2.9x |
| Sun, 31 Oct 2021 | RM6.2b | RM1.8b | -RM53,858,983.00 | 21.4x | -114.4x | 3.4x |
| Tue, 28 Sep 2021 | RM6.4b | RM1.8b | -RM118,067,935.00 | 9.7x | -53.8x | 3.5x |
| Thu, 26 Aug 2021 | RM6.3b | RM1.8b | -RM118,067,935.00 | 11.3x | -53.3x | 3.4x |
| Fri, 02 Jul 2021 | RM5.7b | RM1.8b | -RM118,067,935.00 | 8.8x | -48.7x | 3.1x |
Price to Earnings Ratio
-48.7x
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 | 1.15% | |
| Tech | 8.79% | |
| IT | 6.69% | |
| IT Consulting | 6.10% | |
| Internet Services and Infrastructure | 17.81% | |
| Data Processing Services | -0.67% | |
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 | |
|---|---|---|---|---|---|
| INFOM Infomina Berhad | RM1.50 | 7.9% +RM66.1m | -2.0% | PE27.9x | |
| MMAG MMAG Holdings Berhad | RM0.30 | 0% RM65.9m | 200.0% | PS1.2x | |
| CLOUDPT Cloudpoint Technology Berhad | RM0.83 | 14.4% +RM55.8m | 70.4% | PE26.2x | |
| LGMS LGMS Berhad | RM1.57 | 7.5% +RM50.2m | 53.9% | PE59.5x | |
| DFX Divfex Berhad | RM0.16 | 33.3% +RM29.8m | 39.1% | PE21.9x |
