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Malaysian (KLSE) Telecom Services and Carriers Industry Analysis

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies7
  • 7D2.1%
  • 3M2.2%
  • 1Y13.9%
  • YTD-0.3%

In the last week, the Telecom Services and Carriers industry is up 2.1%, with Telekom Malaysia Berhad up 2.6%. This means that the industry has gained 14% over the past year. Looking forward, earnings are forecast to grow by 9.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Aug 2026RM 41.9bRM 15.0bRM 2.1b18.2x19.7x2.8x
Tue, 30 Jun 2026RM 41.0bRM 15.0bRM 2.1b17.5x19.3x2.7x
Thu, 28 May 2026RM 41.0bRM 15.0bRM 2.1b17.4x19.3x2.7x
Sat, 25 Apr 2026RM 39.4bRM 14.9bRM 2.2b15.9x17.9x2.7x
Mon, 23 Mar 2026RM 40.9bRM 14.9bRM 2.2b15.1x18.6x2.8x
Wed, 18 Feb 2026RM 42.3bRM 14.7bRM 2.8b14.7x15.3x2.9x
Fri, 16 Jan 2026RM 41.4bRM 14.7bRM 2.8b14.8x15x2.8x
Sun, 14 Dec 2025RM 41.5bRM 14.7bRM 2.8b15.9x15x2.8x
Tue, 11 Nov 2025RM 38.3bRM 14.7bRM 2.5b14.7x15.3x2.6x
Thu, 09 Oct 2025RM 37.7bRM 14.7bRM 2.5b14.7x15x2.6x
Sat, 06 Sep 2025RM 37.8bRM 14.7bRM 2.5b14.4x15x2.6x
Mon, 04 Aug 2025RM 36.8bRM 14.8bRM 2.5b13x14.5x2.5x
Wed, 02 Jul 2025RM 36.3bRM 14.8bRM 2.5b12.6x14.3x2.5x
Fri, 30 May 2025RM 36.6bRM 14.8bRM 2.5b12.8x14.4x2.5x
Sun, 27 Apr 2025RM 36.6bRM 14.6bRM 2.5b13.7x14.7x2.5x
Tue, 25 Mar 2025RM 34.6bRM 14.6bRM 2.5b12.6x13.9x2.4x
Thu, 20 Feb 2025RM 36.0bRM 15.1bRM 2.2b14.4x16.7x2.4x
Sat, 18 Jan 2025RM 34.6bRM 15.1bRM 2.2b14.4x16.1x2.3x
Mon, 16 Dec 2024RM 35.8bRM 15.1bRM 2.2b15.5x16.7x2.4x
Wed, 13 Nov 2024RM 35.3bRM 15.1bRM 2.3b14.1x15.6x2.3x
Fri, 11 Oct 2024RM 35.4bRM 15.2bRM 2.3b14x15.6x2.3x
Sun, 08 Sep 2024RM 36.3bRM 15.1bRM 2.3b14x15.9x2.4x
Tue, 06 Aug 2024RM 35.4bRM 15.1bRM 2.3b15.8x15.2x2.3x
Thu, 04 Jul 2024RM 37.3bRM 15.1bRM 2.3b16.4x16x2.5x
Sat, 01 Jun 2024RM 35.2bRM 15.1bRM 2.2b16.5x15.7x2.3x
Mon, 29 Apr 2024RM 34.7bRM 15.0bRM 2.2b15.8x15.6x2.3x
Wed, 27 Mar 2024RM 34.3bRM 15.0bRM 2.2b15.9x15.4x2.3x
Fri, 23 Feb 2024RM 34.5bRM 14.8bRM 2.0b19.7x17.3x2.3x
Sun, 21 Jan 2024RM 33.8bRM 14.8bRM 2.0b17.7x16.9x2.3x
Tue, 19 Dec 2023RM 31.9bRM 14.8bRM 2.0b17.5x16x2.2x
Thu, 16 Nov 2023RM 30.8bRM 14.8bRM 1.7b20.4x17.9x2.1x
Sat, 14 Oct 2023RM 30.1bRM 14.8bRM 1.7b18.3x17.4x2x
Mon, 11 Sep 2023RM 31.0bRM 14.8bRM 1.7b20x17.9x2.1x
Wed, 09 Aug 2023RM 30.4bRM 14.6bRM 1.6b17.8x18.6x2.1x
Price to Earnings Ratio

18.6x


Total Market Cap: RM 30.4bTotal Earnings: RM 1.6bTotal Revenue: RM 14.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Telecom Services and Carriers Industry Price to Earnings3Y Average 16.2x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 16.2x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 9.0% 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 Market1.09%
Telecom3.49%
Telecom Services and Carriers2.05%
Integrated Telecom Services2.56%
Alternative Carriers0.69%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry, which is trading close to its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 10.8%, which is higher than its past year's earnings decline of 41.0% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.2x.
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 41% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.3% 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 7.752.6%
+RM 767.5m		14.8%PE18.2x
TIMECOM TIME dotCom BerhadRM 6.000.7%
+RM 74.0m		17.4%PE25.5x
REACHTEN Reach Ten Holdings BerhadRM 0.381.4%
+RM 5.0m		-25.0%PE10.5x
REDTONE REDtone Digital BerhadRM 0.321.6%
+RM 3.9m		-40.6%PE72.4x

Latest News

OCK
RM 0.38
OCK Group Berhad
7D
-1.3%
1Y
-9.6%
REACHTEN
RM 0.38
Reach Ten Holdings Berhad
7D
1.4%
1Y
-25.0%
TM
RM 7.75
Telekom Malaysia Berhad
7D
2.6%
1Y
14.8%
TIMECOM
RM 6.00
TIME dotCom Berhad
7D
0.7%
1Y
17.4%
REDTONE
RM 0.32
REDtone Digital Berhad
7D
1.6%
1Y
-40.6%
BINACOM
RM 0.07
Binasat Communications Berhad
7D
-6.7%
1Y
-41.7%