Header cover image

Malaysian (KLSE) Telecom Services and Carriers Industry Analysis

UpdatedAug 28, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.7%
  • 3M3.8%
  • 1Y1.7%
  • YTD3.9%

The Telecom Services and Carriers industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 3.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Aug 2025RM 38.0bRM 14.8bRM 2.5b13.5x15.2x2.6x
Sat, 26 Jul 2025RM 36.7bRM 14.8bRM 2.5b13x14.4x2.5x
Mon, 23 Jun 2025RM 36.2bRM 14.8bRM 2.5b12.6x14.2x2.5x
Wed, 21 May 2025RM 37.5bRM 14.8bRM 2.6b13x14.6x2.5x
Fri, 18 Apr 2025RM 36.1bRM 14.6bRM 2.5b13.2x14.5x2.5x
Sun, 16 Mar 2025RM 34.6bRM 14.6bRM 2.5b13.1x13.9x2.4x
Tue, 11 Feb 2025RM 35.9bRM 15.1bRM 2.2b14.6x16.7x2.4x
Thu, 09 Jan 2025RM 34.8bRM 15.1bRM 2.2b15.1x16.1x2.3x
Sat, 07 Dec 2024RM 35.5bRM 15.1bRM 2.2b15.4x16.5x2.4x
Mon, 04 Nov 2024RM 35.5bRM 15.1bRM 2.3b14.1x15.6x2.3x
Wed, 02 Oct 2024RM 36.0bRM 15.2bRM 2.3b14.2x15.8x2.4x
Fri, 30 Aug 2024RM 36.5bRM 15.1bRM 2.3b14.4x16x2.4x
Sun, 28 Jul 2024RM 37.6bRM 15.1bRM 2.3b17.8x16.1x2.5x
Tue, 25 Jun 2024RM 36.7bRM 15.1bRM 2.3b16.5x15.8x2.4x
Thu, 23 May 2024RM 36.3bRM 15.0bRM 2.2b18.6x16.3x2.4x
Sat, 20 Apr 2024RM 34.5bRM 15.0bRM 2.2b16.1x15.5x2.3x
Mon, 18 Mar 2024RM 36.2bRM 15.0bRM 2.2b18.3x16.1x2.4x
Wed, 14 Feb 2024RM 34.3bRM 14.8bRM 2.0b18.9x17.2x2.3x
Fri, 12 Jan 2024RM 33.2bRM 14.8bRM 2.0b19.2x16.6x2.2x
Sun, 10 Dec 2023RM 30.3bRM 14.8bRM 2.0b16.7x15.2x2.1x
Tue, 07 Nov 2023RM 30.7bRM 14.8bRM 1.7b20x17.8x2.1x
Thu, 05 Oct 2023RM 30.2bRM 14.8bRM 1.7b17.5x17.4x2x
Sat, 02 Sep 2023RM 31.3bRM 14.8bRM 1.7b20x18.1x2.1x
Mon, 31 Jul 2023RM 30.5bRM 14.6bRM 1.6b17.8x18.6x2.1x
Wed, 28 Jun 2023RM 29.8bRM 14.6bRM 1.6b16.7x18.2x2x
Fri, 26 May 2023RM 30.3bRM 14.5bRM 1.6b17.5x18.4x2.1x
Sun, 23 Apr 2023RM 29.9bRM 14.5bRM 1.6b15.9x18.4x2.1x
Tue, 21 Mar 2023RM 29.6bRM 14.5bRM 1.6b15.7x18.2x2x
Thu, 16 Feb 2023RM 31.1bRM 14.7bRM 1.6b18.9x19.6x2.1x
Sat, 14 Jan 2023RM 29.8bRM 14.7bRM 1.6b19.1x18.9x2x
Mon, 12 Dec 2022RM 30.7bRM 14.7bRM 1.6b20x19.4x2.1x
Wed, 09 Nov 2022RM 29.8bRM 14.2bRM 1.6b19.5x19.1x2.1x
Fri, 07 Oct 2022RM 30.4bRM 14.2bRM 1.6b18.5x19.5x2.1x
Sun, 04 Sep 2022RM 32.2bRM 14.2bRM 1.6b20x20.6x2.3x
Price to Earnings Ratio

20.6x


Total Market Cap: RM 32.2bTotal 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 16.9x202320242025
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 15.2x which is lower than its 3-year average PE of 16.9x.
  • 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 Market0.24%
Telecom0.46%
Telecom Services and Carriers-0.68%
Alternative Carriers0.11%
Integrated Telecom Services-0.96%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry, which is trading close to its 3-year average PE ratio of 24.7x.
    • Analysts are expecting annual earnings growth of 13.2%, which is higher than its past year's earnings decline of 12.2% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 15.1x.
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 12% 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
OCK OCK Group BerhadRM 0.411.3%
+RM 5.3m
-28.9%PE12.9x
BINACOM Binasat Communications BerhadRM 0.124.3%
+RM 2.4m
-46.7%PS0.5x

Latest News