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Malaysian (KLSE) Wireless Telecom Services Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies7
  • 7D3.0%
  • 3M-1.8%
  • 1Y2.6%
  • YTDn/a

In the last week, the Wireless Telecom Services industry is up 2.8%, with Celcomdigi Berhad up 5.0%. In the same time, Nova Technology Services Berhad was down 11%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, 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
Tue, 13 Jan 2026RM 94.6bRM 45.3bRM 2.9b25.4x32.6x2.1x
Thu, 11 Dec 2025RM 91.2bRM 45.3bRM 2.9b24.3x31.5x2x
Sat, 08 Nov 2025RM 98.4bRM 45.5bRM 3.9b22.6x25.5x2.2x
Mon, 06 Oct 2025RM 96.9bRM 45.5bRM 3.9b22.3x25.1x2.1x
Wed, 03 Sep 2025RM 93.8bRM 45.5bRM 3.9b21.2x24.3x2.1x
Fri, 01 Aug 2025RM 96.9bRM 45.5bRM 3.8b23.7x25.2x2.1x
Sun, 29 Jun 2025RM 94.7bRM 45.5bRM 3.8b20.1x24.6x2.1x
Tue, 27 May 2025RM 93.2bRM 46.1bRM 3.7b20x25x2x
Thu, 24 Apr 2025RM 91.0bRM 46.1bRM 3.7b19.9x24.6x2x
Sat, 22 Mar 2025RM 79.4bRM 46.1bRM 3.7b17x21.5x1.7x
Mon, 17 Feb 2025RM 88.9bRM 46.3bRM 3.6b20.8x24.5x1.9x
Wed, 15 Jan 2025RM 93.0bRM 46.3bRM 3.9b21.9x23.8x2x
Fri, 13 Dec 2024RM 91.6bRM 46.3bRM 3.9b21.9x23.5x2x
Sun, 10 Nov 2024RM 88.0bRM 46.6bRM 2.9b24.1x30.1x1.9x
Tue, 08 Oct 2024RM 94.5bRM 46.4bRM 2.8b26.7x33.3x2x
Thu, 05 Sep 2024RM 96.7bRM 46.4bRM 2.8b27.3x34.1x2.1x
Sat, 03 Aug 2024RM 92.6bRM 46.1bRM 2.3b26.4x39.6x2x
Mon, 01 Jul 2024RM 95.0bRM 46.1bRM 2.3b26.8x40.6x2.1x
Wed, 29 May 2024RM 101.9bRM 45.5bRM 2.3b30.2x44.2x2.2x
Fri, 26 Apr 2024RM 101.2bRM 45.4bRM 2.3b31x44.5x2.2x
Sun, 24 Mar 2024RM 105.2bRM 45.4bRM 2.3b33.3x46.3x2.3x
Tue, 20 Feb 2024RM 106.3bRM 45.4b-RM 1,894,124,448.0027.3x-56.1x2.3x
Thu, 18 Jan 2024RM 102.6bRM 45.4b-RM 1,895,227,606.0032.2x-54.1x2.3x
Sat, 16 Dec 2023RM 100.4bRM 45.4b-RM 1,895,227,606.0025.5x-53x2.2x
Mon, 13 Nov 2023RM 103.7bRM 43.3b-RM 3,317,881,148.0032.6x-31.2x2.4x
Wed, 11 Oct 2023RM 104.7bRM 43.3b-RM 3,296,881,148.0035.3x-31.8x2.4x
Fri, 08 Sep 2023RM 106.6bRM 43.3b-RM 3,296,881,148.0026.4x-32.3x2.5x
Sun, 06 Aug 2023RM 107.4bRM 40.9b-RM 2,758,219,424.0043.6x-38.9x2.6x
Tue, 04 Jul 2023RM 105.4bRM 40.9b-RM 2,758,219,424.0042.2x-38.2x2.6x
Thu, 01 Jun 2023RM 110.3bRM 40.9b-RM 2,747,326,299.0026.7x-40.2x2.7x
Sat, 29 Apr 2023RM 113.7bRM 38.7b-RM 3,211,767,417.0029.1x-35.4x2.9x
Mon, 27 Mar 2023RM 108.9bRM 38.7b-RM 3,211,767,417.0026.4x-33.9x2.8x
Wed, 22 Feb 2023RM 112.0bRM 43.6bRM 2.1b26.5x54.1x2.6x
Fri, 20 Jan 2023RM 108.8bRM 43.6bRM 2.1b25.3x52.5x2.5x
Price to Earnings Ratio

52.5x


Total Market Cap: RM 108.8bTotal 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 8.2x202420252026
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 32.4x which is higher than its 3-year average PE of 8.3x.
  • 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 Market1.63%
Telecom2.10%
Wireless Telecom2.97%
Wireless Telecom Services2.97%
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
MAXIS Maxis BerhadRM 3.964.8%
+RM 1.4b		9.7%PE20.7x
CDB Celcomdigi BerhadRM 3.393.7%
+RM 1.4b		-7.9%PE30.1x
MTOUCHE mTouche Technology BerhadRM 0.0414.3%
+RM 4.6m		33.3%PS4.8x
XOX XOX BerhadRM 0.252.0%
+RM 927.6k		-13.8%PS0.2x

Latest News

AXIATA
RM 2.57
Axiata Group Berhad
7D
-0.4%
1Y
14.7%

AXIATA: Edotco Monetisation Will Support Higher Margins Despite Revenue Headwinds

Analysts have maintained their price target on Axiata Group Berhad at RM3.92, citing updated assumptions that combine a sharper projected revenue decline with a higher expected profit margin and a modestly lower forward P/E multiple. What's in the News Axiata has held an Analyst and Investor Day, giving the market an opportunity to hear updated views from management on the business and capital allocation priorities.
CDB
RM 3.39
Celcomdigi Berhad
7D
3.7%
1Y
-7.9%

CDB: Long Dated Spectrum Assignments Will Support Stronger Future Upside

Analysts have nudged their fair value estimate for Celcomdigi Berhad higher from RM5.01 to about RM5.12. This reflects updated assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple in their models.
MAXIS
RM 3.96
Maxis Berhad
7D
4.8%
1Y
9.7%

Maxis Berhad (KLSE:MAXIS) Shares Could Be 42% Below Their Intrinsic Value Estimate

Dec 31
Maxis Berhad (KLSE:MAXIS) Shares Could Be 42% Below Their Intrinsic Value Estimate
MTOUCHE
RM 0.04
mTouche Technology Berhad
7D
14.3%
1Y
33.3%

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?
XOX
RM 0.25
XOX Berhad
7D
2.0%
1Y
-13.8%