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Malaysian (KLSE) Wireless Telecom Services Industry Analysis

UpdatedDec 30, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.9%
  • 3M-5.2%
  • 1Y-2.3%
  • YTDn/a

The Wireless Telecom Services industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 Dec 2025RM 91.6bRM 45.3bRM 2.9b24.3x31.6x2x
Fri, 28 Nov 2025RM 95.0bRM 45.5bRM 3.8b22.5x24.9x2.1x
Sun, 26 Oct 2025RM 96.3bRM 45.5bRM 3.9b22.4x25x2.1x
Tue, 23 Sep 2025RM 97.1bRM 45.5bRM 3.9b22x25.2x2.1x
Thu, 21 Aug 2025RM 94.4bRM 45.5bRM 3.9b23x24.4x2.1x
Sat, 19 Jul 2025RM 96.3bRM 45.5bRM 3.8b22.2x25.1x2.1x
Mon, 16 Jun 2025RM 91.8bRM 45.5bRM 3.8b19.9x23.9x2x
Wed, 14 May 2025RM 95.7bRM 46.1bRM 3.7b21.2x25.9x2.1x
Fri, 11 Apr 2025RM 83.1bRM 46.1bRM 3.7b18x22.5x1.8x
Sun, 09 Mar 2025RM 85.6bRM 46.1bRM 3.7b18.6x23.2x1.9x
Tue, 04 Feb 2025RM 91.9bRM 46.3bRM 3.9b20.9x23.5x2x
Thu, 02 Jan 2025RM 94.1bRM 46.3bRM 3.9b22.7x24.1x2x
Sat, 30 Nov 2024RM 90.8bRM 46.3bRM 3.8b21.5x23.7x2x
Mon, 28 Oct 2024RM 91.0bRM 46.4bRM 2.8b25.8x32.1x2x
Wed, 25 Sep 2024RM 97.8bRM 46.4bRM 2.8b27.7x34.5x2.1x
Fri, 23 Aug 2024RM 92.0bRM 46.2bRM 2.5b24.7x36.8x2x
Sun, 21 Jul 2024RM 96.3bRM 46.1bRM 2.3b27x41.1x2.1x
Tue, 18 Jun 2024RM 97.9bRM 46.1bRM 2.3b27.1x41.8x2.1x
Thu, 16 May 2024RM 102.1bRM 45.4bRM 2.3b30.8x44.9x2.2x
Sat, 13 Apr 2024RM 100.3bRM 45.4bRM 2.3b31.6x44.1x2.2x
Mon, 11 Mar 2024RM 102.2bRM 45.4bRM 2.3b31.9x45x2.3x
Wed, 07 Feb 2024RM 103.9bRM 45.4b-RM 1,894,124,448.0032.2x-54.8x2.3x
Fri, 05 Jan 2024RM 101.7bRM 45.4b-RM 1,895,227,606.0034.7x-53.6x2.2x
Sun, 03 Dec 2023RM 102.4bRM 45.4b-RM 1,895,227,606.0027.3x-54x2.3x
Tue, 31 Oct 2023RM 101.1bRM 43.3b-RM 3,296,881,148.0032.6x-30.7x2.3x
Thu, 28 Sep 2023RM 107.0bRM 43.3b-RM 3,296,881,148.0038x-32.4x2.5x
Sat, 26 Aug 2023RM 107.2bRM 42.5b-RM 2,616,057,148.0026x-41x2.5x
Mon, 24 Jul 2023RM 106.8bRM 40.9b-RM 2,758,219,424.0043.6x-38.7x2.6x
Wed, 21 Jun 2023RM 106.5bRM 40.9b-RM 2,758,219,424.0043x-38.6x2.6x
Fri, 19 May 2023RM 113.2bRM 38.7b-RM 3,226,322,299.0028.8x-35.1x2.9x
Sun, 16 Apr 2023RM 112.1bRM 38.7b-RM 3,211,767,417.0027.8x-34.9x2.9x
Tue, 14 Mar 2023RM 107.1bRM 38.7b-RM 3,211,767,417.0025.7x-33.3x2.8x
Thu, 09 Feb 2023RM 109.7bRM 43.6bRM 2.1b26x53x2.5x
Sat, 07 Jan 2023RM 103.5bRM 43.6bRM 2.1b24.1x50x2.4x
Price to Earnings Ratio

50x


Total Market Cap: RM 103.5bTotal Earnings: RM 2.1bTotal Revenue: RM 43.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Wireless Telecom Services Industry Price to Earnings3Y Average 8.5x20242025
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 31.6x which is higher than its 3-year average PE of 8.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Wireless Telecommunication Services industry have grown 12% 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 Comparison

How does Malaysian Wireless Telecom Services compare with similar industries?

MY Market0.34%
Telecom-0.25%
Wireless Telecom-0.87%
Wireless Telecom Services-0.87%
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
MTOUCHE mTouche Technology BerhadRM 0.0414.3%
+RM 4.6m		0%PS4.8x
NOVATECH Nova Technology Services BerhadRM 0.04512.5%
+RM 4.5m		-25.0%PE6.3x

Latest News

AXIATA
RM 2.54
Axiata Group Berhad
7D
-1.9%
1Y
2.0%

AXIATA: Edotco Monetisation Plans Will Likely Expose Downside Risk

Analysts have modestly raised their price target for Axiata Group Berhad to reflect an improved fair value estimate of approximately RM1.71, up from about RM1.57. They cite expectations of stronger profit margins and a more attractive forward earnings multiple, despite slightly weaker revenue growth assumptions and a marginally lower discount rate.
NOVATECH
RM 0.045
Nova Technology Services Berhad
7D
12.5%
1Y
-25.0%

Nova Technology Services Berhad (KLSE:NOVATECH) Might Not Be As Mispriced As It Looks After Plunging 33%

Dec 23
Nova Technology Services Berhad (KLSE:NOVATECH) Might Not Be As Mispriced As It Looks After Plunging 33%
WATTA
RM 0.38
Watta Holding Berhad
7D
-15.6%
1Y
-11.6%
MTOUCHE
RM 0.04
mTouche Technology Berhad
7D
14.3%
1Y
0%

Is mTouche Technology Berhad (KLSE:MTOUCHE) Using Debt In A Risky Way?

Dec 17
Is mTouche Technology Berhad (KLSE:MTOUCHE) Using Debt In A Risky Way?
CDB
RM 3.20
Celcomdigi Berhad
7D
-2.4%
1Y
-11.6%

CDB: Future Spectrum Capacity And Dividends Will Support Stronger Long Term Share Price

Analysts have slightly lowered their price target for Celcomdigi Berhad, trimming fair value from MYR 3.98 to MYR 3.94 as they factor in modestly softer revenue growth expectations, partly offset by improving profit margin forecasts and a lower implied future P/E multiple. What's in the News Accepted long term spectrum assignments from the Malaysian Communications and Multimedia Commission for 2x5MHz in the 1800MHz band and 2x20MHz in the 2600MHz band, effective from 30 November 2025 and running to June 2032 and June 2027 respectively (company announcement) Committed MYR 292.5 million in upfront price component payments to the MCMC for the new spectrum and cumulative annual payments totaling MYR 120 million over the assignment periods, supporting network capacity and service quality (company announcement) Declared a third interim tax exempt single tier dividend of 3.6 sen per ordinary share for the financial year ending 31 December 2025, with ex dividend date on 9 December 2025, lodgment date on 10 December 2025, and payment date on 23 December 2025 (company announcement) Valuation Changes Fair Value: Trimmed slightly from MYR 3.98 to MYR 3.94, reflecting a marginally more conservative valuation.
MAXIS
RM 3.86
Maxis Berhad
7D
-0.5%
1Y
5.8%

Subdued Growth No Barrier To Maxis Berhad's (KLSE:MAXIS) Price

Dec 12
Subdued Growth No Barrier To Maxis Berhad's (KLSE:MAXIS) Price