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Malaysian (KLSE) Telecom Services and Carriers Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.6%
  • 3M-0.6%
  • 1Y8.5%
  • YTD3.6%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.1%, driven by Telekom Malaysia Berhad declining 0.7%. In contrast, Reach Ten Holdings Berhad has gained 6.4%. This takes the industry's 12 month performance to a gain of 9.3%. Earnings are forecast to grow by 3.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025RM 38.3bRM 14.7bRM 2.5b14.5x15.3x2.6x
Tue, 14 Oct 2025RM 37.6bRM 14.7bRM 2.5b15.1x15x2.6x
Thu, 11 Sep 2025RM 37.6bRM 14.7bRM 2.5b14.4x15x2.6x
Sat, 09 Aug 2025RM 37.3bRM 14.8bRM 2.5b12.6x14.7x2.5x
Mon, 07 Jul 2025RM 37.2bRM 14.8bRM 2.5b12.9x14.6x2.5x
Wed, 04 Jun 2025RM 36.4bRM 14.8bRM 2.5b12.6x14.3x2.5x
Fri, 02 May 2025RM 37.1bRM 14.8bRM 2.5b13.2x14.6x2.5x
Sun, 30 Mar 2025RM 35.3bRM 14.6bRM 2.5b12.5x14.2x2.4x
Tue, 25 Feb 2025RM 36.7bRM 15.1bRM 2.1b14.4x17.1x2.4x
Thu, 23 Jan 2025RM 35.2bRM 15.1bRM 2.2b14.7x16.3x2.3x
Sat, 21 Dec 2024RM 35.6bRM 15.1bRM 2.2b15.2x16.5x2.4x
Mon, 18 Nov 2024RM 34.5bRM 15.1bRM 2.3b13.8x15.2x2.3x
Wed, 16 Oct 2024RM 35.6bRM 15.2bRM 2.3b14.1x15.7x2.3x
Fri, 13 Sep 2024RM 35.5bRM 15.2bRM 2.3b14.5x15.6x2.3x
Sun, 11 Aug 2024RM 37.2bRM 15.1bRM 2.3b16.3x16x2.5x
Tue, 09 Jul 2024RM 37.3bRM 15.1bRM 2.3b17.2x16x2.5x
Thu, 06 Jun 2024RM 35.2bRM 15.1bRM 2.3b16.8x15.1x2.3x
Sat, 04 May 2024RM 35.1bRM 15.0bRM 2.2b16.4x15.8x2.3x
Mon, 01 Apr 2024RM 34.3bRM 15.0bRM 2.2b16.6x15.4x2.3x
Wed, 28 Feb 2024RM 34.8bRM 15.0bRM 2.3b21.5x15.4x2.3x
Fri, 26 Jan 2024RM 34.3bRM 14.8bRM 2.0b17.6x17.2x2.3x
Sun, 24 Dec 2023RM 32.5bRM 14.8bRM 2.0b17.6x16.3x2.2x
Tue, 21 Nov 2023RM 30.8bRM 14.8bRM 1.7b20x18x2.1x
Thu, 19 Oct 2023RM 30.5bRM 14.8bRM 1.7b17.8x17.6x2.1x
Sat, 16 Sep 2023RM 30.0bRM 14.8bRM 1.7b19.6x17.3x2x
Mon, 14 Aug 2023RM 30.3bRM 14.6bRM 1.6b17.6x18.5x2.1x
Wed, 12 Jul 2023RM 29.4bRM 14.6bRM 1.6b16.5x17.9x2x
Fri, 09 Jun 2023RM 29.7bRM 14.6bRM 1.6b17.5x18.2x2x
Sun, 07 May 2023RM 30.2bRM 14.5bRM 1.6b16x18.7x2.1x
Tue, 04 Apr 2023RM 30.2bRM 14.5bRM 1.6b16x18.6x2.1x
Thu, 02 Mar 2023RM 29.9bRM 14.5bRM 1.6b17.8x18.5x2.1x
Sat, 28 Jan 2023RM 30.6bRM 14.7bRM 1.6b19x19.3x2.1x
Mon, 26 Dec 2022RM 29.7bRM 14.7bRM 1.6b19.6x18.8x2x
Wed, 23 Nov 2022RM 30.9bRM 14.2bRM 1.6b19.6x19.7x2.2x
Price to Earnings Ratio

19.7x


Total Market Cap: RM 30.9bTotal Earnings: RM 1.6bTotal Revenue: RM 14.2bTotal 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 16.6x.
  • 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 Market0.083%
Telecom0.76%
Telecom Services and Carriers-0.63%
Integrated Telecom Services-0.61%
Alternative Carriers-0.67%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry, which is trading close to its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings decline of 28.0% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 14.7x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 28% 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
REACHTEN Reach Ten Holdings BerhadRM 0.506.4%
+RM 30.0m		n/aPE7.1x
BINACOM Binasat Communications BerhadRM 0.138.3%
+RM 6.0m		-40.9%PS0.7x

Latest News

TM
RM 7.17
Telekom Malaysia Berhad
7D
-0.7%
1Y
13.6%

Telekom Malaysia Berhad's (KLSE:TM) Business Is Trailing The Market But Its Shares Aren't

Nov 03
Telekom Malaysia Berhad's (KLSE:TM) Business Is Trailing The Market But Its Shares Aren't
OCK
RM 0.43
OCK Group Berhad
7D
-4.4%
1Y
-6.5%
TIMECOM
RM 4.84
TIME dotCom Berhad
7D
-0.6%
1Y
1.0%

Are Investors Undervaluing TIME dotCom Berhad (KLSE:TIMECOM) By 30%?

Oct 28
Are Investors Undervaluing TIME dotCom Berhad (KLSE:TIMECOM) By 30%?
REDTONE
RM 0.49
REDtone Digital Berhad
7D
-2.0%
1Y
-49.2%
BINACOM
RM 0.13
Binasat Communications Berhad
7D
8.3%
1Y
-40.9%

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
REACHTEN
RM 0.50
Reach Ten Holdings Berhad
7D
6.4%
1Y
n/a