Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Telecom Services and Carriers Industry Analysis

UpdatedDec 02, 2025
DataAggregated Company Financials
Companies7
  • 7D5.3%
  • 3M7.0%
  • 1Y13.9%
  • YTD9.6%

Over the last 7 days, the Telecom Services and Carriers industry has risen 3.3%, driven by gains from Telekom Malaysia Berhad of 4.4%. During this same period, the OCK Group Berhad underperformed, falling 5.9%. This means that the industry has gained 13% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Malaysian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Dec 2025RM 40.1bRM 14.7bRM 2.8b15.9x14.5x2.7x
Thu, 30 Oct 2025RM 38.2bRM 14.7bRM 2.5b15.1x15.2x2.6x
Sat, 27 Sep 2025RM 38.1bRM 14.7bRM 2.5b14.8x15.2x2.6x
Mon, 25 Aug 2025RM 38.1bRM 14.8bRM 2.5b13.6x15.2x2.6x
Wed, 23 Jul 2025RM 36.7bRM 14.8bRM 2.5b12.9x14.4x2.5x
Fri, 20 Jun 2025RM 36.2bRM 14.8bRM 2.5b12.6x14.2x2.5x
Sun, 18 May 2025RM 37.7bRM 14.8bRM 2.6b13.2x14.7x2.6x
Tue, 15 Apr 2025RM 36.1bRM 14.6bRM 2.5b12.8x14.5x2.5x
Thu, 13 Mar 2025RM 36.3bRM 14.6bRM 2.5b12.9x14.5x2.5x
Sat, 08 Feb 2025RM 35.8bRM 15.1bRM 2.2b14.7x16.6x2.4x
Mon, 06 Jan 2025RM 35.7bRM 15.1bRM 2.2b15.3x16.6x2.4x
Wed, 04 Dec 2024RM 35.1bRM 15.1bRM 2.2b14.6x16.3x2.3x
Fri, 01 Nov 2024RM 35.3bRM 15.1bRM 2.3b14.2x15.6x2.3x
Sun, 29 Sep 2024RM 35.7bRM 15.2bRM 2.3b14.2x15.7x2.4x
Tue, 27 Aug 2024RM 36.5bRM 15.2bRM 2.4b13.5x15.5x2.4x
Thu, 25 Jul 2024RM 37.7bRM 15.1bRM 2.3b18.1x16.2x2.5x
Sat, 22 Jun 2024RM 36.7bRM 15.1bRM 2.3b16.3x15.7x2.4x
Mon, 20 May 2024RM 35.2bRM 15.0bRM 2.2b18.3x15.8x2.4x
Wed, 17 Apr 2024RM 34.2bRM 15.0bRM 2.2b15.9x15.3x2.3x
Fri, 15 Mar 2024RM 34.1bRM 15.0bRM 2.2b18.2x15.2x2.3x
Sun, 11 Feb 2024RM 34.2bRM 14.8bRM 2.0b18.3x17.2x2.3x
Tue, 09 Jan 2024RM 33.0bRM 14.8bRM 2.0b18.9x16.5x2.2x
Thu, 07 Dec 2023RM 30.5bRM 14.8bRM 2.0b16.7x15.3x2.1x
Sat, 04 Nov 2023RM 30.5bRM 14.8bRM 1.7b19.3x17.7x2.1x
Mon, 02 Oct 2023RM 30.0bRM 14.8bRM 1.7b17.8x17.4x2x
Wed, 30 Aug 2023RM 30.9bRM 14.7bRM 1.7b19.1x17.9x2.1x
Fri, 28 Jul 2023RM 30.6bRM 14.6bRM 1.6b17.9x18.7x2.1x
Sun, 25 Jun 2023RM 30.0bRM 14.6bRM 1.6b16.5x18.3x2.1x
Tue, 23 May 2023RM 30.0bRM 14.5bRM 1.6b17.5x18.2x2.1x
Thu, 20 Apr 2023RM 30.3bRM 14.5bRM 1.6b16.2x18.7x2.1x
Sat, 18 Mar 2023RM 30.0bRM 14.5bRM 1.6b16.1x18.5x2.1x
Mon, 13 Feb 2023RM 30.1bRM 14.7bRM 1.6b19x19x2x
Wed, 11 Jan 2023RM 30.0bRM 14.7bRM 1.6b19.8x19x2x
Fri, 09 Dec 2022RM 30.6bRM 14.7bRM 1.6b19.8x19.3x2.1x
Price to Earnings Ratio

19.3x


Total Market Cap: RM 30.6bTotal Earnings: RM 1.6bTotal Revenue: RM 14.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Telecom Services and Carriers Industry Price to Earnings3Y Average 16.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the Malaysian Telecom 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 PE ratio of 16.5x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 17% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

MY Market-0.45%
Telecom-1.48%
Telecom Services and Carriers5.27%
Alternative Carriers9.24%
Integrated Telecom Services4.01%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry even though it's trading below its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 11.3%, which is higher than its past year's earnings decline of 21.7% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 14.6x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline by 3.1% 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 7.704.9%
+RM 1.4b		18.5%PE13.3x
TIMECOM TIME dotCom BerhadRM 5.3913.0%
+RM 1.1b		13.7%PE22.7x
REACHTEN Reach Ten Holdings BerhadRM 0.492.1%
+RM 10.0m		n/aPE6.9x
REDTONE REDtone Digital BerhadRM 0.422.4%
+RM 7.7m		-55.1%PE16.2x

Latest News

TM
RM 7.70
Telekom Malaysia Berhad
7D
4.9%
1Y
18.5%

Is There An Opportunity With Telekom Malaysia Berhad's (KLSE:TM) 39% Undervaluation?

Dec 02
Is There An Opportunity With Telekom Malaysia Berhad's (KLSE:TM) 39% Undervaluation?
REDTONE
RM 0.42
REDtone Digital Berhad
7D
2.4%
1Y
-55.1%

There May Be Some Bright Spots In REDtone Digital Berhad's (KLSE:REDTONE) Earnings

Nov 28
There May Be Some Bright Spots In REDtone Digital Berhad's (KLSE:REDTONE) Earnings
TIMECOM
RM 5.39
TIME dotCom Berhad
7D
13.0%
1Y
13.7%
SEDANIA
RM 0.11
Sedania Innovator Berhad
7D
-8.3%
1Y
-24.1%
REACHTEN
RM 0.49
Reach Ten Holdings Berhad
7D
2.1%
1Y
n/a
OCK
RM 0.41
OCK Group Berhad
7D
-4.7%
1Y
-9.0%
BINACOM
RM 0.10
Binasat Communications Berhad
7D
-12.5%
1Y
-52.3%

Binasat Communications Berhad (KLSE:BINACOM) Stock Rockets 42% But Many Are Still Ignoring The Company

Oct 07
Binasat Communications Berhad (KLSE:BINACOM) Stock Rockets 42% But Many Are Still Ignoring The Company