Malaysian (KLSE) Wireless Telecom Services Industry Analysis

UpdatedMar 11, 2026

DataAggregated Company Financials

Companies7

7D-1.1%
3M-3.3%
1Y5.0%
YTDn/a

Over the last 7 days, the Wireless Telecom Services industry has dropped 1.1%, driven by pullbacks in Axiata Group Berhad and Maxis Berhad of 3.0% and 1.8%, respectively. In the past year, the industry has gained 5.0%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 11 Mar 2026	RM 88.2b	RM 35.8b	RM 3.1b	22x	28.4x	2.5x
Fri, 06 Feb 2026	RM 89.6b	RM 45.3b	RM 2.9b	24.3x	30.9x	2x
Sun, 04 Jan 2026	RM 91.5b	RM 45.3b	RM 2.9b	24.2x	31.6x	2x
Tue, 02 Dec 2025	RM 94.5b	RM 45.3b	RM 2.9b	25.2x	32.6x	2.1x
Thu, 30 Oct 2025	RM 95.7b	RM 45.5b	RM 3.9b	22x	24.8x	2.1x
Sat, 27 Sep 2025	RM 95.6b	RM 45.5b	RM 3.9b	21.7x	24.8x	2.1x
Mon, 25 Aug 2025	RM 95.2b	RM 45.5b	RM 3.9b	22.6x	24.3x	2.1x
Wed, 23 Jul 2025	RM 95.5b	RM 45.5b	RM 3.8b	22.5x	24.9x	2.1x
Fri, 20 Jun 2025	RM 92.3b	RM 45.5b	RM 3.8b	20x	24x	2x
Sun, 18 May 2025	RM 96.5b	RM 46.1b	RM 3.7b	21.1x	26x	2.1x
Tue, 15 Apr 2025	RM 85.5b	RM 46.1b	RM 3.7b	18.8x	23.1x	1.9x
Thu, 13 Mar 2025	RM 83.6b	RM 46.1b	RM 3.7b	17.6x	22.6x	1.8x
Sat, 08 Feb 2025	RM 92.4b	RM 46.3b	RM 3.9b	21.1x	23.7x	2x
Mon, 06 Jan 2025	RM 94.2b	RM 46.3b	RM 3.9b	22.3x	24.1x	2x
Wed, 04 Dec 2024	RM 92.3b	RM 46.3b	RM 3.9b	21.7x	23.6x	2x
Fri, 01 Nov 2024	RM 89.3b	RM 46.4b	RM 2.8b	25.4x	31.5x	1.9x
Sun, 29 Sep 2024	RM 98.2b	RM 46.4b	RM 2.8b	27.7x	34.6x	2.1x
Tue, 27 Aug 2024	RM 92.1b	RM 46.2b	RM 2.5b	24.7x	36.8x	2x
Thu, 25 Jul 2024	RM 94.4b	RM 46.1b	RM 2.3b	27x	40.3x	2x
Sat, 22 Jun 2024	RM 94.1b	RM 46.1b	RM 2.3b	26.3x	40.2x	2x
Mon, 20 May 2024	RM 103.0b	RM 45.5b	RM 2.3b	30.7x	44.7x	2.3x
Wed, 17 Apr 2024	RM 98.2b	RM 45.4b	RM 2.3b	31.7x	43.2x	2.2x
Fri, 15 Mar 2024	RM 104.6b	RM 45.4b	RM 2.3b	32.4x	46x	2.3x
Sun, 11 Feb 2024	RM 104.6b	RM 45.4b	-RM 1,894,124,448.00	32.2x	-55.2x	2.3x
Tue, 09 Jan 2024	RM 102.8b	RM 45.4b	-RM 1,895,227,606.00	34.7x	-54.2x	2.3x
Thu, 07 Dec 2023	RM 101.8b	RM 45.4b	-RM 1,895,227,606.00	27.3x	-53.7x	2.2x
Sat, 04 Nov 2023	RM 103.6b	RM 43.3b	-RM 3,296,881,148.00	29.9x	-31.4x	2.4x
Mon, 02 Oct 2023	RM 106.0b	RM 43.3b	-RM 3,296,881,148.00	38x	-32.2x	2.4x
Wed, 30 Aug 2023	RM 107.8b	RM 42.5b	-RM 2,616,021,148.00	26.1x	-41.2x	2.5x
Fri, 28 Jul 2023	RM 107.5b	RM 40.9b	-RM 2,758,219,424.00	43.5x	-39x	2.6x
Sun, 25 Jun 2023	RM 106.7b	RM 40.9b	-RM 2,758,219,424.00	42.9x	-38.7x	2.6x
Tue, 23 May 2023	RM 113.6b	RM 38.8b	-RM 3,204,322,299.00	27.2x	-35.5x	2.9x
Thu, 20 Apr 2023	RM 113.5b	RM 38.7b	-RM 3,211,767,417.00	28.4x	-35.3x	2.9x
Sat, 18 Mar 2023	RM 105.9b	RM 38.7b	-RM 3,211,767,417.00	25.6x	-33x	2.7x

Price to Earnings Ratio

-33x

Sat, 18 Mar 2023

Current Industry PE

Investors are optimistic on the Malaysian Wireless Telecommunication Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 28.4x which is higher than its 3-year average PE of 8.3x.

The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.5x.

Past Earnings Growth

Total earnings for the Wireless Telecommunication Services industry have gone up over the last three years and the industry is now profitable.
Revenues have declined 2.6% per year.
This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.