Narrative Update • Jun 29

Over the last 7 days, the Wireless Telecom Services industry has dropped 1.1%, driven by a pullback from Axiata Group Berhad of 4.9%. The industry has fallen 16% in the last year. 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 |
|---|---|---|---|---|---|---|
| Sat, 25 Jul 2026 | RM 79.0b | RM 35.8b | RM 3.4b | 19.4x | 23.2x | 2.2x |
| Mon, 22 Jun 2026 | RM 78.0b | RM 35.8b | RM 3.4b | 18.9x | 22.9x | 2.2x |
| Wed, 20 May 2026 | RM 84.9b | RM 35.9b | RM 3.2b | 20.8x | 26.7x | 2.4x |
| Fri, 17 Apr 2026 | RM 84.4b | RM 35.8b | RM 3.1b | 20.7x | 27.2x | 2.4x |
| Sun, 15 Mar 2026 | RM 87.8b | RM 35.8b | RM 3.1b | 21.9x | 28.3x | 2.5x |
| Tue, 10 Feb 2026 | RM 88.8b | RM 45.3b | RM 2.9b | 24.5x | 30.6x | 2x |
| Thu, 08 Jan 2026 | RM 94.1b | RM 45.3b | RM 2.9b | 25.3x | 32.5x | 2.1x |
| Sat, 06 Dec 2025 | RM 91.3b | RM 45.3b | RM 2.9b | 24.4x | 31.5x | 2x |
| Mon, 03 Nov 2025 | RM 95.3b | RM 45.5b | RM 3.9b | 21.8x | 24.7x | 2.1x |
| Wed, 01 Oct 2025 | RM 96.6b | RM 45.5b | RM 3.9b | 22.1x | 25x | 2.1x |
| Fri, 29 Aug 2025 | RM 94.9b | RM 45.5b | RM 3.9b | 22.6x | 24.2x | 2.1x |
| Sun, 27 Jul 2025 | RM 97.5b | RM 45.5b | RM 3.8b | 23.6x | 25.4x | 2.1x |
| Tue, 24 Jun 2025 | RM 91.8b | RM 45.5b | RM 3.8b | 19.9x | 23.9x | 2x |
| Thu, 22 May 2025 | RM 93.9b | RM 46.1b | RM 3.7b | 20.3x | 25.3x | 2x |
| Sat, 19 Apr 2025 | RM 86.6b | RM 46.1b | RM 3.7b | 18.8x | 23.4x | 1.9x |
| Mon, 17 Mar 2025 | RM 84.0b | RM 46.1b | RM 3.7b | 17.9x | 22.7x | 1.8x |
| Wed, 12 Feb 2025 | RM 93.0b | RM 46.3b | RM 3.9b | 21.3x | 23.8x | 2x |
| Fri, 10 Jan 2025 | RM 92.4b | RM 46.3b | RM 3.9b | 21.7x | 23.7x | 2x |
| Sun, 08 Dec 2024 | RM 92.1b | RM 46.3b | RM 3.9b | 21.5x | 23.6x | 2x |
| Tue, 05 Nov 2024 | RM 89.8b | RM 46.4b | RM 2.8b | 25.4x | 31.6x | 1.9x |
| Thu, 03 Oct 2024 | RM 97.8b | RM 46.4b | RM 2.8b | 27.7x | 34.5x | 2.1x |
| Sat, 31 Aug 2024 | RM 99.2b | RM 46.4b | RM 2.8b | 27.9x | 34.9x | 2.1x |
| Mon, 29 Jul 2024 | RM 93.3b | RM 46.1b | RM 2.3b | 27x | 39.8x | 2x |
| Wed, 26 Jun 2024 | RM 93.0b | RM 46.1b | RM 2.3b | 25.9x | 39.7x | 2x |
| Fri, 24 May 2024 | RM 103.7b | RM 45.5b | RM 2.3b | 30.7x | 45x | 2.3x |
| Sun, 21 Apr 2024 | RM 98.4b | RM 45.4b | RM 2.3b | 30.5x | 43.3x | 2.2x |
| Tue, 19 Mar 2024 | RM 104.7b | RM 45.4b | RM 2.3b | 33.1x | 46x | 2.3x |
| Thu, 15 Feb 2024 | RM 105.2b | RM 45.4b | -RM 1,894,124,448.00 | 32.2x | -55.6x | 2.3x |
| Sat, 13 Jan 2024 | RM 103.4b | RM 45.4b | -RM 1,895,227,606.00 | 34.7x | -54.6x | 2.3x |
| Mon, 11 Dec 2023 | RM 99.4b | RM 45.4b | -RM 1,895,227,606.00 | 27.3x | -52.5x | 2.2x |
| Wed, 08 Nov 2023 | RM 105.2b | RM 43.3b | -RM 3,296,881,148.00 | 32.6x | -31.9x | 2.4x |
| Fri, 06 Oct 2023 | RM 105.2b | RM 43.3b | -RM 3,296,881,148.00 | 38x | -31.9x | 2.4x |
| Sun, 03 Sep 2023 | RM 107.3b | RM 43.3b | -RM 3,296,881,148.00 | 26x | -32.5x | 2.5x |
| Tue, 01 Aug 2023 | RM 108.2b | RM 40.9b | -RM 2,758,219,424.00 | 43.8x | -39.2x | 2.6x |
-39.2x
How does Malaysian Wireless Telecom Services compare with similar industries?
| MY Market | -0.78% | |
| Telecom | -2.56% | |
| Wireless Telecom | -3.03% | |
| Wireless Telecom Services | -3.03% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WATTA Watta Holding Berhad | RM 0.42 | 2.4% +RM 844.8k | -26.3% | PS9.2x |