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Malaysian (KLSE) Telecom Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies26
  • 7D-0.9%
  • 3M-9.7%
  • 1Y1.8%
  • YTD-8.0%

Over the last 7 days, the Telecom industry has remained flat, although notably Media Prima Berhad gained 5.9%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the Malaysian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026RM 125.0bRM 55.1bRM 5.4b14.8x23.1x2.3x
Tue, 10 Mar 2026RM 129.1bRM 55.1bRM 5.4b14.2x23.9x2.3x
Thu, 05 Feb 2026RM 135.8bRM 64.5bRM 5.8b13.9x23.4x2.1x
Sat, 03 Jan 2026RM 135.8bRM 64.4bRM 5.8b14.6x23.4x2.1x
Mon, 01 Dec 2025RM 133.8bRM 64.5bRM 5.8b16x22.9x2.1x
Wed, 29 Oct 2025RM 136.8bRM 64.6bRM 6.5b14.5x20.9x2.1x
Fri, 26 Sep 2025RM 136.1bRM 64.7bRM 6.6b14.1x20.7x2.1x
Sun, 24 Aug 2025RM 135.4bRM 64.8bRM 6.7b12.7x20.4x2.1x
Tue, 22 Jul 2025RM 134.9bRM 64.7bRM 6.6b10x20.4x2.1x
Thu, 19 Jun 2025RM 131.4bRM 64.8bRM 6.6b10x19.8x2x
Sat, 17 May 2025RM 136.6bRM 65.4bRM 6.5b11.7x21x2.1x
Mon, 14 Apr 2025RM 122.0bRM 65.2bRM 6.4b12x19x1.9x
Wed, 12 Mar 2025RM 122.6bRM 65.3bRM 6.5b12.7x19x1.9x
Fri, 07 Feb 2025RM 131.2bRM 66.0bRM 6.3b14.4x20.9x2x
Sun, 05 Jan 2025RM 132.7bRM 66.0bRM 6.3b16.7x21.2x2x
Tue, 03 Dec 2024RM 129.2bRM 66.0bRM 6.2b16.4x20.9x2x
Thu, 31 Oct 2024RM 127.5bRM 66.2bRM 5.3b17.2x24.2x1.9x
Sat, 28 Sep 2024RM 137.0bRM 66.3bRM 5.2b15.9x26.2x2.1x
Mon, 26 Aug 2024RM 131.8bRM 66.2bRM 5.0b16.3x26.3x2x
Wed, 24 Jul 2024RM 135.8bRM 66.0bRM 4.8b20.8x28.2x2.1x
Fri, 21 Jun 2024RM 135.8bRM 66.1bRM 4.8b19.3x28.2x2.1x
Sun, 19 May 2024RM 141.3bRM 65.3bRM 4.7b23.4x30.2x2.2x
Tue, 16 Apr 2024RM 135.5bRM 65.2bRM 4.6b20.6x29.2x2.1x
Thu, 14 Mar 2024RM 141.3bRM 65.5bRM 4.7b21.6x30.3x2.2x
Sat, 10 Feb 2024RM 142.2bRM 65.3bRM 214.2m20.3x663.9x2.2x
Mon, 08 Jan 2024RM 140.1bRM 65.3bRM 215.4m24.1x650.3x2.1x
Wed, 06 Dec 2023RM 137.1bRM 65.3bRM 257.9m19.8x531.4x2.1x
Fri, 03 Nov 2023RM 136.5bRM 63.2b-RM 1,416,786,318.0022.2x-96.3x2.2x
Sun, 01 Oct 2023RM 139.9bRM 63.2b-RM 1,414,189,318.0021.4x-99x2.2x
Tue, 29 Aug 2023RM 142.7bRM 62.5b-RM 658,382,364.0015.1x-216.8x2.3x
Thu, 27 Jul 2023RM 142.2bRM 60.7b-RM 894,575,201.0015.5x-159x2.3x
Sat, 24 Jun 2023RM 141.2bRM 60.7b-RM 894,575,201.0016.3x-157.8x2.3x
Mon, 22 May 2023RM 148.3bRM 58.6b-RM 1,250,437,057.0013.4x-118.6x2.5x
Wed, 19 Apr 2023RM 149.3bRM 58.5b-RM 1,283,873,420.0015.7x-116.3x2.6x
Price to Earnings Ratio

-116.3x


Total Market Cap: RM 149.3bTotal Earnings: -RM 1,283,873,420.00Total Revenue: RM 58.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Telecom Sector Price to Earnings3Y Average 36.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.1x which is lower than its 3-year average PE of 36.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • Total earnings for the Communication Services industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Malaysian Telecom sector?

MY Market0.42%
Telecom-0.95%
Interactive Media and Services2.37%
Media0.29%
Entertainment0%0
Wireless Telecom-0.57%
Telecom Services and Carriers-1.84%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 10.1x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 18.5% per year.
  • Investors are most pessimistic about the Interactive Media and Services industry, which is trading below its 3-year average of 8.4x.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Media industry is expected to see its earnings decline by 28% 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
MEDIA Media Prima BerhadRM 0.365.9%
+RM 22.2m		-2.7%PE15.3x
OCK OCK Group BerhadRM 0.385.6%
+RM 20.7m		1.3%PE14.7x
REACHTEN Reach Ten Holdings BerhadRM 0.432.4%
+RM 10.0m		n/aPE11.9x
CATCHA Catcha Digital BerhadRM 0.258.7%
+RM 9.1m		-15.3%PE21.1x
FOODIE Foodie Media BerhadRM 0.323.2%
+RM 8.9m		n/aPE30.4x

Latest News

TM
RM 7.09
Telekom Malaysia Berhad
7D
-2.6%
1Y
6.0%

TM: 5G Network Transition And Generous Dividends Will Support Future Upside

Analysts have maintained their price target for Telekom Malaysia Berhad at MYR 7.97. This reflects unchanged assumptions on discount rate, revenue growth and profit margin, along with a consistent forward P/E view.
SEDANIA
RM 0.08
Sedania Innovator Berhad
7D
14.3%
1Y
-15.8%
CDB
RM 3.02
Celcomdigi Berhad
7D
-0.7%
1Y
-12.2%

CDB: New CEO Leadership And Unified Digital Platform Will Support Future Upside

Analysts have nudged their price target on Celcomdigi Berhad slightly lower to reflect a modest adjustment in the implied future P/E to about 27.26x, while keeping fair value broadly steady around MYR4.92, as updated revenue growth and profit margin inputs remain close to prior estimates. What's in the News Company issued earnings guidance for fiscal 2026, indicating expectations for EBIT to show low single digit growth.
KUCINGKO
RM 0.085
Kucingko Berhad
7D
13.3%
1Y
-34.6%
FOODIE
RM 0.32
Foodie Media Berhad
7D
3.2%
1Y
n/a
ASTRO
RM 0.07
Astro Malaysia Holdings Berhad
7D
-6.7%
1Y
-57.6%
MEDIA
RM 0.36
Media Prima Berhad
7D
5.9%
1Y
-2.7%
SJC
RM 0.54
Seni Jaya Corporation Berhad
7D
4.9%
1Y
81.4%
OCK
RM 0.38
OCK Group Berhad
7D
5.6%
1Y
1.3%
CATCHA
RM 0.25
Catcha Digital Berhad
7D
8.7%
1Y
-15.3%
MAXIS
RM 3.52
Maxis Berhad
7D
-0.8%
1Y
3.8%
TIMECOM
RM 5.91
TIME dotCom Berhad
7D
-0.3%
1Y
18.9%
REACHTEN
RM 0.43
Reach Ten Holdings Berhad
7D
2.4%
1Y
n/a
STAR
RM 0.31
Star Media Group Berhad
7D
-1.6%
1Y
-22.5%
REDTONE
RM 0.30
REDtone Digital Berhad
7D
-3.2%
1Y
-36.8%
MTOUCHE
RM 0.025
mTouche Technology Berhad
7D
-16.7%
1Y
-28.6%

Is mTouche Technology Berhad (KLSE:MTOUCHE) Using Debt In A Risky Way?

Dec 17
Is mTouche Technology Berhad (KLSE:MTOUCHE) Using Debt In A Risky Way?