Benign Growth For REDtone Digital Berhad (KLSE:REDTONE) Underpins Stock's 26% Plummet
Mar 04
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Malaysian (KLSE) Alternative Carriers Industry Analysis
UpdatedMar 19, 2025
DataAggregated Company Financials
Companies2
- 7D-5.9%
- 3M3.0%
- 1Y-9.8%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 7.2%, driven by a pullback from TIME dotCom Berhad of 7.8%. On the other hand REDtone Digital Berhad is actually up 5.3%. Overall the industry is down 9.7% in 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Malaysian Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Mar 2025 | RM 9.4b | RM 2.1b | RM 447.0m | 15.3x | 21.1x | 4.6x |
| Fri, 14 Feb 2025 | RM 9.4b | RM 2.1b | RM 412.9m | 17x | 22.9x | 4.6x |
| Sun, 12 Jan 2025 | RM 9.1b | RM 2.1b | RM 412.9m | 16.9x | 22x | 4.4x |
| Tue, 10 Dec 2024 | RM 9.6b | RM 2.1b | RM 412.9m | 18.1x | 23.2x | 4.6x |
| Thu, 07 Nov 2024 | RM 10.0b | RM 2.0b | RM 452.5m | 18.4x | 22.2x | 5x |
| Sat, 05 Oct 2024 | RM 9.4b | RM 2.0b | RM 451.0m | 17.2x | 20.8x | 4.6x |
| Mon, 02 Sep 2024 | RM 10.1b | RM 2.0b | RM 451.0m | 18.8x | 22.4x | 5x |
| Wed, 31 Jul 2024 | RM 10.4b | RM 2.0b | RM 329.7m | 27.9x | 31.6x | 5.3x |
| Fri, 28 Jun 2024 | RM 10.0b | RM 2.0b | RM 329.7m | 26.3x | 30.3x | 5.1x |
| Sun, 26 May 2024 | RM 10.3b | RM 1.9b | RM 322.9m | 27.5x | 32x | 5.4x |
| Tue, 23 Apr 2024 | RM 10.2b | RM 1.9b | RM 322.3m | 26.1x | 31.5x | 5.5x |
| Thu, 21 Mar 2024 | RM 10.4b | RM 1.9b | RM 322.3m | 27.9x | 32.2x | 5.6x |
| Sat, 17 Feb 2024 | RM 11.1b | RM 1.8b | RM 350.3m | 25.8x | 31.5x | 6.2x |
| Mon, 15 Jan 2024 | RM 10.7b | RM 1.8b | RM 350.3m | 23x | 30.6x | 6x |
| Wed, 13 Dec 2023 | RM 10.0b | RM 1.8b | RM 350.3m | 21.4x | 28.7x | 5.6x |
| Fri, 10 Nov 2023 | RM 10.1b | RM 1.7b | RM 357.1m | 20.9x | 28.4x | 5.9x |
| Sun, 08 Oct 2023 | RM 10.8b | RM 1.7b | RM 360.5m | 21.6x | 30x | 6.2x |
| Tue, 05 Sep 2023 | RM 10.6b | RM 1.7b | RM 360.5m | 21x | 29.5x | 6.1x |
| Thu, 03 Aug 2023 | RM 10.5b | RM 1.7b | RM 462.5m | 16.7x | 22.7x | 6.3x |
| Sat, 01 Jul 2023 | RM 10.1b | RM 1.7b | RM 462.5m | 16.5x | 21.9x | 6.1x |
| Mon, 29 May 2023 | RM 10.3b | RM 1.7b | RM 462.5m | 16x | 22.2x | 6.2x |
| Wed, 26 Apr 2023 | RM 10.6b | RM 1.6b | RM 438.2m | 16.9x | 24.2x | 6.5x |
| Fri, 24 Mar 2023 | RM 10.2b | RM 1.6b | RM 438.2m | 16.4x | 23.2x | 6.3x |
| Sun, 19 Feb 2023 | RM 10.4b | RM 1.7b | RM 481.6m | 16.1x | 21.6x | 6.2x |
| Tue, 17 Jan 2023 | RM 9.7b | RM 1.7b | RM 481.6m | 15x | 20.2x | 5.8x |
| Thu, 15 Dec 2022 | RM 9.7b | RM 1.7b | RM 481.6m | 14.9x | 20.2x | 5.8x |
| Sat, 12 Nov 2022 | RM 9.0b | RM 1.6b | RM 457.5m | 14.9x | 19.7x | 5.6x |
| Mon, 10 Oct 2022 | RM 8.7b | RM 1.6b | RM 456.9m | 14.6x | 18.9x | 5.3x |
| Wed, 07 Sep 2022 | RM 9.1b | RM 1.6b | RM 456.9m | 14.7x | 19.8x | 5.6x |
| Fri, 05 Aug 2022 | RM 8.7b | RM 1.6b | RM 428.9m | 15x | 20.2x | 5.4x |
| Sun, 03 Jul 2022 | RM 8.2b | RM 1.6b | RM 428.9m | 14.2x | 19x | 5.1x |
| Tue, 31 May 2022 | RM 8.4b | RM 1.6b | RM 429.7m | 14.6x | 19.6x | 5.4x |
| Thu, 28 Apr 2022 | RM 8.5b | RM 1.6b | RM 425.7m | 15.5x | 20x | 5.4x |
| Sat, 26 Mar 2022 | RM 8.4b | RM 1.6b | RM 425.7m | 15.3x | 19.8x | 5.4x |
Price to Earnings Ratio
19.8x
Current Industry PE
- There are only 2 companies in the Malaysian Alternative Carriers industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Malaysian Alternative Carriers compare with similar industries?
| MY Market | 1.44% | |
| Telecom | -1.07% | |
| Telecom Services and Carriers | -2.69% | |
| Alternative Carriers | -5.89% | |
| Integrated Telecom Services | -1.46% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REDTONE REDtone Digital Berhad | RM 0.60 | 9.1% +RM 38.6m | -41.2% | PE7.2x |