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Malaysian (KLSE) Telecom Services and Carriers Industry Analysis

UpdatedAug 17, 2025
DataAggregated Company Financials
Companies7
  • 7D2.3%
  • 3M1.1%
  • 1Y1.4%
  • YTD4.3%

Over the last 7 days, the Telecom Services and Carriers industry has risen 2.3%, driven by gains from Telekom Malaysia Berhad of 2.9%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 3.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Aug 2025RM 38.1bRM 14.8bRM 2.5b12.6x15x2.6x
Tue, 15 Jul 2025RM 37.1bRM 14.8bRM 2.5b13x14.6x2.5x
Thu, 12 Jun 2025RM 36.7bRM 14.8bRM 2.5b12.8x14.4x2.5x
Sat, 10 May 2025RM 38.1bRM 14.8bRM 2.6b13x14.9x2.6x
Mon, 07 Apr 2025RM 35.5bRM 14.6bRM 2.5b12.6x14.2x2.4x
Wed, 05 Mar 2025RM 36.6bRM 14.6bRM 2.5b12.9x14.7x2.5x
Fri, 31 Jan 2025RM 34.7bRM 15.1bRM 2.2b14.3x16.1x2.3x
Sun, 29 Dec 2024RM 35.7bRM 15.1bRM 2.2b15.4x16.6x2.4x
Tue, 26 Nov 2024RM 34.5bRM 15.1bRM 2.3b13.7x15.2x2.3x
Thu, 24 Oct 2024RM 35.6bRM 15.2bRM 2.3b14.2x15.7x2.3x
Sat, 21 Sep 2024RM 36.0bRM 15.2bRM 2.3b14.5x15.8x2.4x
Mon, 19 Aug 2024RM 37.1bRM 15.1bRM 2.3b16.1x15.9x2.5x
Wed, 17 Jul 2024RM 38.4bRM 15.1bRM 2.3b18.4x16.5x2.5x
Fri, 14 Jun 2024RM 36.1bRM 15.1bRM 2.3b16.5x15.5x2.4x
Sun, 12 May 2024RM 35.1bRM 15.0bRM 2.2b18.6x15.8x2.3x
Tue, 09 Apr 2024RM 34.8bRM 15.0bRM 2.2b16.2x15.6x2.3x
Thu, 07 Mar 2024RM 34.2bRM 15.0bRM 2.2b17.8x15.2x2.3x
Sat, 03 Feb 2024RM 34.1bRM 14.8bRM 2.0b17.6x17.1x2.3x
Mon, 01 Jan 2024RM 32.5bRM 14.8bRM 2.0b18.3x16.3x2.2x
Wed, 29 Nov 2023RM 30.7bRM 14.7bRM 2.0b18.4x15.4x2.1x
Fri, 27 Oct 2023RM 30.3bRM 14.8bRM 1.7b17.4x17.5x2.1x
Sun, 24 Sep 2023RM 30.3bRM 14.8bRM 1.7b19.1x17.5x2.1x
Tue, 22 Aug 2023RM 30.4bRM 14.7bRM 1.5b18.2x19.8x2.1x
Thu, 20 Jul 2023RM 29.4bRM 14.6bRM 1.6b17.1x17.9x2x
Sat, 17 Jun 2023RM 29.6bRM 14.6bRM 1.6b17.5x18.1x2x
Mon, 15 May 2023RM 30.6bRM 14.5bRM 1.6b16.1x18.9x2.1x
Wed, 12 Apr 2023RM 30.2bRM 14.5bRM 1.6b16.6x18.6x2.1x
Fri, 10 Mar 2023RM 30.5bRM 14.5bRM 1.6b16.7x18.8x2.1x
Sun, 05 Feb 2023RM 30.5bRM 14.7bRM 1.6b19.7x19.3x2.1x
Tue, 03 Jan 2023RM 30.7bRM 14.7bRM 1.6b20x19.4x2.1x
Thu, 01 Dec 2022RM 31.4bRM 14.6bRM 1.6b20.8x20.1x2.2x
Sat, 29 Oct 2022RM 30.8bRM 14.2bRM 1.6b18.8x19.7x2.2x
Mon, 26 Sep 2022RM 31.5bRM 14.2bRM 1.6b19.5x20.2x2.2x
Wed, 24 Aug 2022RM 30.8bRM 13.8bRM 1.4b22.3x22.4x2.2x
Price to Earnings Ratio

22.4x


Total Market Cap: RM 30.8bTotal Earnings: RM 1.4bTotal Revenue: RM 13.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Telecom Services and Carriers Industry Price to Earnings3Y Average 17x202320242025
Current Industry PE
  • Investors are pessimistic on the Malaysian Telecom 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 15.0x which is lower than its 3-year average PE of 17.0x.
  • 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 23% per year over the last three years.
  • Revenues for these companies have grown 2.2% 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 industry?

MY Market0.85%
Telecom-0.083%
Telecom Services and Carriers2.30%
Integrated Telecom Services2.80%
Alternative Carriers0.91%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry even though it's trading below its 3-year average PE ratio of 24.7x.
    • Analysts are expecting annual earnings growth of 11.7%, which is lower than the prior year's growth of 53.2% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 53% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings growth to stay flat 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 7.102.9%
+RM 767.5m
2.9%PE13.7x
TIMECOM TIME dotCom BerhadRM 5.131.0%
+RM 92.4m
4.9%PE24.6x
REACHTEN Reach Ten Holdings BerhadRM 0.511.0%
+RM 5.0m
n/aPE7.2x

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