Header cover image

Malaysian (KLSE) Alternative Carriers Industry Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies2
  • 7D0.2%
  • 3M-4.3%
  • 1Y-2.8%
  • YTDn/a

The Alternative Carriers industry has been flat over the last week, but REDtone Digital Berhad has lost 5.8%. Unfortunately though, the industry is down 3.2% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the Malaysian Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024RM10.4bRM1.9bRM322.3m26.6x32.1x5.6x
Fri, 22 Mar 2024RM10.4bRM1.9bRM322.3m27.6x32.3x5.6x
Sun, 18 Feb 2024RM11.1bRM1.8bRM350.3m25.8x31.5x6.2x
Tue, 16 Jan 2024RM10.7bRM1.8bRM350.3m23.2x30.5x6x
Thu, 14 Dec 2023RM10.1bRM1.8bRM350.3m21.5x28.7x5.6x
Sat, 11 Nov 2023RM10.1bRM1.7bRM357.1m20.8x28.3x5.8x
Mon, 09 Oct 2023RM10.8bRM1.7bRM360.5m21.6x30x6.2x
Wed, 06 Sep 2023RM10.5bRM1.7bRM360.5m20.7x29x6x
Fri, 04 Aug 2023RM10.4bRM1.7bRM462.5m16.6x22.5x6.2x
Sun, 02 Jul 2023RM10.1bRM1.7bRM462.5m16.5x21.9x6.1x
Tue, 30 May 2023RM10.2bRM1.7bRM462.5m16.1x22.1x6.1x
Thu, 27 Apr 2023RM10.5bRM1.6bRM438.2m16.8x24x6.4x
Sat, 25 Mar 2023RM10.3bRM1.6bRM438.2m16.5x23.4x6.3x
Mon, 20 Feb 2023RM10.4bRM1.7bRM481.6m16.1x21.6x6.2x
Wed, 18 Jan 2023RM9.8bRM1.7bRM481.6m15.1x20.4x5.8x
Fri, 16 Dec 2022RM9.5bRM1.7bRM481.6m14.7x19.8x5.7x
Sun, 13 Nov 2022RM9.0bRM1.6bRM457.5m14.9x19.7x5.6x
Tue, 11 Oct 2022RM8.7bRM1.6bRM456.9m14.6x18.9x5.3x
Thu, 08 Sep 2022RM9.1bRM1.6bRM456.9m14.7x19.8x5.6x
Sat, 06 Aug 2022RM8.6bRM1.6bRM428.9m14.9x20.1x5.4x
Mon, 04 Jul 2022RM8.2bRM1.6bRM428.9m14.2x19x5.1x
Wed, 01 Jun 2022RM8.3bRM1.6bRM428.9m14.5x19.3x5.2x
Fri, 29 Apr 2022RM8.6bRM1.6bRM425.7m15.7x20.3x5.5x
Sun, 27 Mar 2022RM8.4bRM1.6bRM425.7m15.3x19.8x5.4x
Tue, 22 Feb 2022RM8.1bRM1.5bRM411.4m15.6x19.7x5.4x
Thu, 20 Jan 2022RM8.1bRM1.5bRM407.6m15.9x19.9x5.3x
Sat, 18 Dec 2021RM8.3bRM1.5bRM407.6m16.4x20.4x5.5x
Mon, 15 Nov 2021RM8.4bRM1.5bRM370.6m18.9x22.7x5.7x
Wed, 13 Oct 2021RM8.8bRM1.5bRM370.4m20.7x23.9x6x
Fri, 10 Sep 2021RM8.7bRM1.5bRM370.4m19.2x23.5x5.9x
Sun, 08 Aug 2021RM8.7bRM1.5bRM370.4m18.6x23.4x5.9x
Sat, 01 May 2021RM8.7bRM1.4bRM332.1m29x26.3x6.1x
Price to Earnings Ratio

26.3x


Total Market Cap: RM8.7bTotal Earnings: RM332.1mTotal Revenue: RM1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Alternative Carriers Industry Price to Earnings3Y Average 23.6x202220232024
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 9.3% 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 Market1.56%
Telecom-0.086%
Telecom Services and Carriers1.18%
Alternative Carriers0.21%
Integrated Telecom Services1.60%
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?

CompanyLast Price7D1YValuation
TIMECOM TIME dotCom BerhadRM5.312.1%
+RM203.4m		-3.5%PE34.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

TIMECOM

RM5.31

TIME dotCom Berhad

7D

2.1%

1Y

-3.5%

REDTONE

RM0.92

REDtone Digital Berhad

7D

-3.2%

1Y

77.7%