Malaysian (KLSE) Wireless Telecom Services Industry Analysis

UpdatedMar 21, 2026

DataAggregated Company Financials

Companies7

7D-2.1%
3M-8.0%
1Y8.2%
YTDn/a

Over the last 7 days, the Wireless Telecom Services industry has dropped 2.8%, driven by declines in Celcomdigi Berhad and Maxis Berhad of 3.8% and 3.9%, respectively. Over the past 12 months, the industry was up 4.7%. As for the next few years, earnings are expected to grow by 19% 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
Sat, 21 Mar 2026	RM 85.9b	RM 35.8b	RM 3.1b	21x	27.7x	2.4x
Mon, 16 Feb 2026	RM 89.2b	RM 45.6b	RM 3.1b	22.2x	28.3x	2x
Wed, 14 Jan 2026	RM 94.3b	RM 45.3b	RM 2.9b	25.4x	32.5x	2.1x
Fri, 12 Dec 2025	RM 93.4b	RM 45.3b	RM 2.9b	24.7x	32.2x	2.1x
Sun, 09 Nov 2025	RM 98.4b	RM 45.5b	RM 3.9b	22.2x	25.2x	2.2x
Tue, 07 Oct 2025	RM 97.2b	RM 45.5b	RM 3.9b	22.3x	25.2x	2.1x
Thu, 04 Sep 2025	RM 94.2b	RM 45.5b	RM 3.9b	19.4x	24.4x	2.1x
Sat, 02 Aug 2025	RM 96.6b	RM 45.5b	RM 3.8b	23.6x	25.1x	2.1x
Mon, 30 Jun 2025	RM 94.7b	RM 45.5b	RM 3.8b	20.1x	24.6x	2.1x
Wed, 28 May 2025	RM 92.2b	RM 46.1b	RM 3.7b	19.8x	24.8x	2x
Fri, 25 Apr 2025	RM 91.2b	RM 46.1b	RM 3.7b	20.1x	24.7x	2x
Sun, 23 Mar 2025	RM 79.4b	RM 46.1b	RM 3.7b	17x	21.5x	1.7x
Tue, 18 Feb 2025	RM 87.3b	RM 46.3b	RM 3.6b	20.3x	24.1x	1.9x
Thu, 16 Jan 2025	RM 93.0b	RM 46.3b	RM 3.9b	21.7x	23.8x	2x
Sat, 14 Dec 2024	RM 91.3b	RM 46.3b	RM 3.9b	21.8x	23.4x	2x
Mon, 11 Nov 2024	RM 88.0b	RM 46.6b	RM 2.9b	24.1x	30.1x	1.9x
Wed, 09 Oct 2024	RM 93.3b	RM 46.4b	RM 2.8b	26.4x	32.9x	2x
Fri, 06 Sep 2024	RM 96.8b	RM 46.4b	RM 2.8b	27.4x	34.1x	2.1x
Sun, 04 Aug 2024	RM 92.6b	RM 46.1b	RM 2.3b	26.4x	39.6x	2x
Tue, 02 Jul 2024	RM 95.9b	RM 46.1b	RM 2.3b	26.9x	41x	2.1x
Thu, 30 May 2024	RM 99.2b	RM 45.5b	RM 2.4b	28.1x	41.9x	2.2x
Sat, 27 Apr 2024	RM 102.5b	RM 45.4b	RM 2.3b	31.6x	45.1x	2.3x
Mon, 25 Mar 2024	RM 105.2b	RM 45.4b	RM 2.3b	33.3x	46.3x	2.3x
Wed, 21 Feb 2024	RM 108.2b	RM 45.4b	-RM 1,894,124,448.00	29.7x	-57.1x	2.4x
Fri, 19 Jan 2024	RM 102.1b	RM 45.4b	-RM 1,895,227,606.00	29.7x	-53.9x	2.3x
Sun, 17 Dec 2023	RM 100.4b	RM 45.4b	-RM 1,895,227,606.00	25.5x	-53x	2.2x
Tue, 14 Nov 2023	RM 103.7b	RM 43.3b	-RM 3,317,881,148.00	32.6x	-31.2x	2.4x
Thu, 12 Oct 2023	RM 104.0b	RM 43.3b	-RM 3,296,881,148.00	32.6x	-31.6x	2.4x
Sat, 09 Sep 2023	RM 106.7b	RM 43.3b	-RM 3,296,881,148.00	27.1x	-32.4x	2.5x
Mon, 07 Aug 2023	RM 107.4b	RM 40.9b	-RM 2,758,219,424.00	43.6x	-38.9x	2.6x
Wed, 05 Jul 2023	RM 105.6b	RM 40.9b	-RM 2,758,219,424.00	42.4x	-38.3x	2.6x
Fri, 02 Jun 2023	RM 110.1b	RM 40.9b	-RM 2,758,219,424.00	44.1x	-39.9x	2.7x
Sun, 30 Apr 2023	RM 113.7b	RM 38.7b	-RM 3,226,325,417.00	29.1x	-35.3x	2.9x
Tue, 28 Mar 2023	RM 108.5b	RM 38.7b	-RM 3,211,767,417.00	26.1x	-33.8x	2.8x

Price to Earnings Ratio

-33.8x

Tue, 28 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 27.7x which is higher than its 3-year average PE of 8.8x.

The industry is trading close to its 3-year average PS ratio of 2.2x.

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.