Header cover image

Malaysian (KLSE) Telecom Sector Analysis

UpdatedDec 10, 2024
DataAggregated Company Financials
Companies24
  • 7D1.0%
  • 3M-3.3%
  • 1Y-2.7%
  • YTD-4.5%

Over the last 7 days, the Telecom industry has risen 1.8%, driven by gains from Telekom Malaysia Berhad of 2.5%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Dec 2024RM 130.5bRM 66.0bRM 6.2b17.2x21.1x2x
Thu, 07 Nov 2024RM 128.5bRM 66.2bRM 5.3b17.2x24.4x1.9x
Sat, 05 Oct 2024RM 131.3bRM 66.2bRM 5.3b15.8x24.9x2x
Mon, 02 Sep 2024RM 138.9bRM 66.2bRM 5.3b15.7x26.2x2.1x
Wed, 31 Jul 2024RM 135.4bRM 66.0bRM 4.8b23.3x28.1x2.1x
Fri, 28 Jun 2024RM 131.3bRM 66.0bRM 4.8b18.7x27.3x2x
Sun, 26 May 2024RM 142.5bRM 65.4bRM 4.7b23.3x30.5x2.2x
Tue, 23 Apr 2024RM 135.7bRM 65.2bRM 4.6b19.8x29.3x2.1x
Thu, 21 Mar 2024RM 140.3bRM 65.5bRM 4.7b21.9x30.1x2.1x
Sat, 17 Feb 2024RM 143.4bRM 65.3bRM 214.2m20.9x669.4x2.2x
Mon, 15 Jan 2024RM 140.6bRM 65.3bRM 215.4m23.5x652.6x2.2x
Wed, 13 Dec 2023RM 133.9bRM 65.3bRM 257.9m20.3x519.3x2.1x
Fri, 10 Nov 2023RM 138.8bRM 63.2b-RM 1,416,786,318.0021.9x-97.9x2.2x
Sun, 08 Oct 2023RM 138.2bRM 63.2b-RM 1,414,189,318.0020.8x-97.7x2.2x
Tue, 05 Sep 2023RM 141.6bRM 63.3b-RM 1,339,289,318.0022.6x-105.7x2.2x
Thu, 03 Aug 2023RM 143.0bRM 60.7b-RM 892,353,640.0015.7x-160.2x2.4x
Sat, 01 Jul 2023RM 138.8bRM 60.7b-RM 894,575,201.0016.6x-155.1x2.3x
Mon, 29 May 2023RM 147.5bRM 60.8b-RM 809,818,388.0013.2x-182.1x2.4x
Wed, 26 Apr 2023RM 148.7bRM 58.5b-RM 1,281,469,420.0014.5x-116x2.5x
Fri, 24 Mar 2023RM 144.3bRM 58.5b-RM 1,211,995,420.0015.1x-119x2.5x
Sun, 19 Feb 2023RM 146.2bRM 63.7bRM 4.0b14.1x36.6x2.3x
Tue, 17 Jan 2023RM 140.6bRM 63.7bRM 4.0b18.5x35.2x2.2x
Thu, 15 Dec 2022RM 138.8bRM 63.7bRM 4.1b19.4x33.9x2.2x
Sat, 12 Nov 2022RM 123.3bRM 62.6bRM 4.4b19x28x2x
Mon, 10 Oct 2022RM 113.2bRM 62.5bRM 4.4b17.5x25.4x1.8x
Wed, 07 Sep 2022RM 122.0bRM 62.7bRM 4.4b18.3x27.5x1.9x
Fri, 05 Aug 2022RM 122.2bRM 62.0bRM 4.5b19.6x26.9x2x
Sun, 03 Jul 2022RM 115.4bRM 61.9bRM 4.6b19.8x24.9x1.9x
Tue, 31 May 2022RM 124.7bRM 62.2bRM 4.8b17.5x26.1x2x
Thu, 28 Apr 2022RM 133.8bRM 61.5bRM 4.9b19.7x27.3x2.2x
Sat, 26 Mar 2022RM 140.8bRM 61.6bRM 5.0b17.6x28.4x2.3x
Mon, 21 Feb 2022RM 146.8bRM 60.5bRM 4.8b20.2x30.7x2.4x
Wed, 19 Jan 2022RM 143.5bRM 60.4bRM 4.8b20.1x30.2x2.4x
Fri, 17 Dec 2021RM 139.5bRM 60.4bRM 4.8b19.9x29.3x2.3x
Price to Earnings Ratio

29.3x


Total Market Cap: RM 139.5bTotal Earnings: RM 4.8bTotal Revenue: RM 60.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Telecom Sector Price to Earnings3Y Average 34.1x202220232024
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 21.1x which is lower than its 3-year average PE of 34.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 9.1% per year over the last three years.
  • Revenues for these companies have grown 3.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

MY Market1.38%
Telecom0.96%
Media6.18%
Telecom Services and Carriers2.36%
Interactive Media and Services0.37%
Wireless Telecom0.31%
Entertainment0%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 21.9x.
    • Analysts are expecting annual earnings growth of 11.2%, which is higher than its past year's earnings decline of 14.9% per year.
  • Investors are most pessimistic about the Interactive Media and Services industry, which is trading below its 3-year average of 24.3x.
Forecasted Growth
  • Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 33% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.6% 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
TM Telekom Malaysia BerhadRM 6.602.5%
+RM 614.0m
24.8%PE14.7x
AXIATA Axiata Group BerhadRM 2.361.3%
+RM 275.5m
2.2%PE19x
TIMECOM TIME dotCom BerhadRM 4.802.1%
+RM 184.9m
-4.8%PE25.7x
ASTRO Astro Malaysia Holdings BerhadRM 0.239.5%
+RM 104.4m
-37.8%PE15.9x
OCK OCK Group BerhadRM 0.489.0%
+RM 42.7m
15.5%PE16.1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.