Narrative Update • Jun 15

Over the last 7 days, the Wireless Telecom Services industry has dropped 4.1%, driven by Celcomdigi Berhad declining 2.9%. Overall the industry is down 19% in 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Has the Malaysian Wireless Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Jun 2026 | RM 77.8b | RM 35.8b | RM 3.4b | 18.9x | 22.8x | 2.2x |
| Fri, 15 May 2026 | RM 86.4b | RM 35.8b | RM 3.1b | 21.1x | 27.6x | 2.4x |
| Sun, 12 Apr 2026 | RM 83.8b | RM 35.8b | RM 3.1b | 20.5x | 27x | 2.3x |
| Tue, 10 Mar 2026 | RM 87.2b | RM 35.8b | RM 3.1b | 21.7x | 28.1x | 2.4x |
| Thu, 05 Feb 2026 | RM 91.0b | RM 45.3b | RM 2.9b | 24.5x | 31.4x | 2x |
| Sat, 03 Jan 2026 | RM 91.5b | RM 45.3b | RM 2.9b | 24.2x | 31.6x | 2x |
| Mon, 01 Dec 2025 | RM 92.0b | RM 45.3b | RM 2.9b | 25x | 31.8x | 2x |
| Wed, 29 Oct 2025 | RM 96.7b | RM 45.5b | RM 3.9b | 22.2x | 25.1x | 2.1x |
| Fri, 26 Sep 2025 | RM 96.1b | RM 45.5b | RM 3.9b | 22x | 24.9x | 2.1x |
| Sun, 24 Aug 2025 | RM 95.2b | RM 45.5b | RM 3.9b | 22.6x | 24.3x | 2.1x |
| Tue, 22 Jul 2025 | RM 96.0b | RM 45.5b | RM 3.8b | 22.7x | 25x | 2.1x |
| Thu, 19 Jun 2025 | RM 92.8b | RM 45.5b | RM 3.8b | 20.2x | 24.2x | 2x |
| Sat, 17 May 2025 | RM 96.5b | RM 46.1b | RM 3.7b | 21.3x | 26.1x | 2.1x |
| Mon, 14 Apr 2025 | RM 84.1b | RM 46.1b | RM 3.7b | 18.5x | 22.7x | 1.8x |
| Wed, 12 Mar 2025 | RM 83.9b | RM 46.1b | RM 3.7b | 17.8x | 22.7x | 1.8x |
| Fri, 07 Feb 2025 | RM 93.0b | RM 46.3b | RM 3.9b | 21.2x | 23.8x | 2x |
| Sun, 05 Jan 2025 | RM 94.2b | RM 46.3b | RM 3.9b | 22.3x | 24.1x | 2x |
| Tue, 03 Dec 2024 | RM 91.8b | RM 46.3b | RM 3.9b | 21.5x | 23.5x | 2x |
| Thu, 31 Oct 2024 | RM 89.3b | RM 46.4b | RM 2.8b | 25.4x | 31.5x | 1.9x |
| Sat, 28 Sep 2024 | RM 98.2b | RM 46.4b | RM 2.8b | 27.7x | 34.6x | 2.1x |
| Mon, 26 Aug 2024 | RM 92.0b | RM 46.2b | RM 2.5b | 24.8x | 36.8x | 2x |
| Wed, 24 Jul 2024 | RM 94.8b | RM 46.1b | RM 2.3b | 27.1x | 40.5x | 2.1x |
| Fri, 21 Jun 2024 | RM 95.9b | RM 46.1b | RM 2.3b | 27x | 40.9x | 2.1x |
| Sun, 19 May 2024 | RM 103.0b | RM 45.5b | RM 2.3b | 30.7x | 44.7x | 2.3x |
| Tue, 16 Apr 2024 | RM 98.2b | RM 45.4b | RM 2.3b | 30.8x | 43.2x | 2.2x |
| Thu, 14 Mar 2024 | RM 103.8b | RM 45.4b | RM 2.3b | 32.3x | 45.7x | 2.3x |
| Sat, 10 Feb 2024 | RM 104.6b | RM 45.4b | -RM 1,894,124,448.00 | 32.2x | -55.2x | 2.3x |
| Mon, 08 Jan 2024 | RM 103.4b | RM 45.4b | -RM 1,895,227,606.00 | 32.2x | -54.5x | 2.3x |
| Wed, 06 Dec 2023 | RM 103.0b | RM 45.4b | -RM 1,895,227,606.00 | 25.8x | -54.3x | 2.3x |
| Fri, 03 Nov 2023 | RM 102.4b | RM 43.3b | -RM 3,296,881,148.00 | 29.9x | -31.1x | 2.4x |
| Sun, 01 Oct 2023 | RM 106.0b | RM 43.3b | -RM 3,296,881,148.00 | 38x | -32.2x | 2.4x |
| Tue, 29 Aug 2023 | RM 107.9b | RM 42.5b | -RM 2,616,021,148.00 | 26.4x | -41.2x | 2.5x |
| Thu, 27 Jul 2023 | RM 107.8b | RM 40.9b | -RM 2,758,219,424.00 | 44x | -39.1x | 2.6x |
| Sat, 24 Jun 2023 | RM 106.7b | RM 40.9b | -RM 2,758,219,424.00 | 42.9x | -38.7x | 2.6x |
-38.7x
How does Malaysian Wireless Telecom Services compare with similar industries?
| MY Market | 1.05% | |
| Telecom | 2.71% | |
| Wireless Telecom | 3.43% | |
| Wireless Telecom Services | 3.43% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAXIS Maxis Berhad | RM 3.41 | 5.6% +RM 1.4b | -7.1% | PE16.6x | |
| CDB Celcomdigi Berhad | RM 2.80 | 2.2% +RM 703.9m | -26.7% | PE21.2x | |
| AXIATA Axiata Group Berhad | RM 1.97 | 2.6% +RM 459.4m | -6.2% | PE64.1x | |
| NOVATECH Nova Technology Services Berhad | RM 0.04 | 14.3% +RM 4.5m | 14.3% | PE8.8x | |
| WATTA Watta Holding Berhad | RM 0.41 | 9.5% +RM 3.0m | -3.6% | PS8.8x |