REDtone Digital Berhad (KLSE:REDTONE) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Dec 18
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Malaysian (KLSE) Alternative Carriers Industry Analysis
UpdatedDec 20, 2025
DataAggregated Company Financials
Companies2
- 7D0.7%
- 3M6.5%
- 1Y15.0%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has risen 1.3%, driven by gains from TIME dotCom Berhad of 1.1%. In the same time, REDtone Digital Berhad was down 13%. This means that the industry has gained 15% over the past year. Earnings are forecast to grow by 11% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 21 Dec 2025 | RM 10.6b | RM 2.0b | RM 458.2m | 19x | 23.1x | 5.2x |
| Tue, 18 Nov 2025 | RM 9.4b | RM 2.1b | RM 417.4m | 18.8x | 22.5x | 4.6x |
| Thu, 16 Oct 2025 | RM 9.3b | RM 2.1b | RM 417.1m | 18.9x | 22.4x | 4.5x |
| Sat, 13 Sep 2025 | RM 9.8b | RM 2.1b | RM 417.1m | 19.2x | 23.5x | 4.8x |
| Mon, 11 Aug 2025 | RM 9.8b | RM 2.0b | RM 450.1m | 15.2x | 21.7x | 4.8x |
| Wed, 09 Jul 2025 | RM 10.0b | RM 2.0b | RM 450.1m | 15.8x | 22.3x | 4.9x |
| Fri, 06 Jun 2025 | RM 10.1b | RM 2.0b | RM 450.1m | 15.8x | 22.4x | 4.9x |
| Sun, 04 May 2025 | RM 10.9b | RM 2.2b | RM 498.3m | 10.5x | 21.9x | 4.9x |
| Tue, 01 Apr 2025 | RM 9.7b | RM 2.1b | RM 447.0m | 15.6x | 21.6x | 4.7x |
| Thu, 27 Feb 2025 | RM 9.5b | RM 2.1b | RM 409.0m | 16.6x | 23.2x | 4.6x |
| Sat, 25 Jan 2025 | RM 9.3b | RM 2.1b | RM 412.9m | 16.9x | 22.5x | 4.5x |
| Mon, 23 Dec 2024 | RM 9.2b | RM 2.1b | RM 412.9m | 17.2x | 22.3x | 4.4x |
| Wed, 20 Nov 2024 | RM 9.6b | RM 2.0b | RM 452.5m | 17.6x | 21.3x | 4.8x |
| Fri, 18 Oct 2024 | RM 9.8b | RM 2.0b | RM 451.0m | 17.9x | 21.7x | 4.8x |
| Sun, 15 Sep 2024 | RM 9.5b | RM 2.0b | RM 451.0m | 17.4x | 21.2x | 4.7x |
| Tue, 13 Aug 2024 | RM 9.9b | RM 2.0b | RM 329.7m | 26.6x | 30x | 5.1x |
| Thu, 11 Jul 2024 | RM 10.5b | RM 2.0b | RM 329.7m | 28.2x | 31.8x | 5.4x |
| Sat, 08 Jun 2024 | RM 10.3b | RM 2.0b | RM 329.7m | 27.4x | 31.1x | 5.3x |
| Mon, 06 May 2024 | RM 10.3b | RM 1.9b | RM 322.3m | 26.4x | 31.8x | 5.5x |
| Wed, 03 Apr 2024 | RM 10.3b | RM 1.9b | RM 322.3m | 27x | 32x | 5.6x |
| Fri, 01 Mar 2024 | RM 10.9b | RM 1.8b | RM 340.6m | 27.1x | 32.1x | 6x |
| Sun, 28 Jan 2024 | RM 10.8b | RM 1.8b | RM 350.3m | 24x | 31x | 6.1x |
| Tue, 26 Dec 2023 | RM 10.5b | RM 1.8b | RM 350.3m | 22.1x | 29.9x | 5.9x |
| Thu, 23 Nov 2023 | RM 10.1b | RM 1.7b | RM 345.9m | 21.8x | 29.1x | 5.8x |
| Sat, 21 Oct 2023 | RM 10.2b | RM 1.7b | RM 360.5m | 20.6x | 28.3x | 5.9x |
| Mon, 18 Sep 2023 | RM 10.5b | RM 1.7b | RM 360.5m | 21x | 29.1x | 6.1x |
| Wed, 16 Aug 2023 | RM 10.5b | RM 1.7b | RM 462.5m | 16.7x | 22.7x | 6.3x |
| Fri, 14 Jul 2023 | RM 10.2b | RM 1.7b | RM 462.5m | 16.4x | 22x | 6.1x |
| Sun, 11 Jun 2023 | RM 10.1b | RM 1.7b | RM 462.5m | 16.4x | 21.9x | 6.1x |
| Tue, 09 May 2023 | RM 10.8b | RM 1.6b | RM 438.2m | 17.1x | 24.6x | 6.6x |
| Thu, 06 Apr 2023 | RM 10.7b | RM 1.6b | RM 438.2m | 16.9x | 24.3x | 6.5x |
| Sat, 04 Mar 2023 | RM 10.8b | RM 1.6b | RM 438.2m | 17.5x | 24.7x | 6.6x |
| Mon, 30 Jan 2023 | RM 10.0b | RM 1.7b | RM 481.6m | 15.5x | 20.8x | 6x |
| Wed, 28 Dec 2022 | RM 9.4b | RM 1.7b | RM 481.6m | 14.6x | 19.6x | 5.6x |
Price to Earnings Ratio
19.6x
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 6.5% 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 | 1.12% | |
| Telecom | 0.43% | |
| Telecom Services and Carriers | 1.44% | |
| Alternative Carriers | 0.65% | |
| Integrated Telecom Services | 1.71% | |
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 | |
|---|---|---|---|---|---|
| TIMECOM TIME dotCom Berhad | RM 5.56 | 1.1% +RM 110.9m | 20.3% | PE23.5x |