Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Malaysian (KLSE) Wireless Telecom Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.0%
  • 3M-9.7%
  • 1Y-20.2%
  • YTD-17.5%

Over the last 7 days, the Wireless Telecom industry has dropped 3.0%, driven by a pullback from Celcomdigi Berhad of 4.3%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026RM 75.5bRM 35.8bRM 3.4b18.2x22.2x2.1x
Sat, 23 May 2026RM 81.3bRM 35.9bRM 3.2b20.1x25.6x2.3x
Mon, 20 Apr 2026RM 84.1bRM 35.8bRM 3.1b20.6x27.1x2.3x
Wed, 18 Mar 2026RM 87.0bRM 35.8bRM 3.1b21.5x28.1x2.4x
Fri, 13 Feb 2026RM 89.0bRM 45.5bRM 3.1b22.4x28.8x2x
Sun, 11 Jan 2026RM 94.1bRM 45.3bRM 2.9b25.2x32.4x2.1x
Tue, 09 Dec 2025RM 92.4bRM 45.3bRM 2.9b24.5x31.9x2x
Thu, 06 Nov 2025RM 97.9bRM 45.5bRM 3.9b22.5x25.4x2.2x
Sat, 04 Oct 2025RM 96.9bRM 45.5bRM 3.9b22.3x25.1x2.1x
Mon, 01 Sep 2025RM 93.0bRM 45.5bRM 3.9b22.2x24.1x2x
Wed, 30 Jul 2025RM 95.9bRM 45.5bRM 3.8b23.5x25x2.1x
Fri, 27 Jun 2025RM 94.7bRM 45.5bRM 3.8b20.1x24.6x2.1x
Sun, 25 May 2025RM 93.9bRM 46.1bRM 3.7b20.1x25.2x2x
Tue, 22 Apr 2025RM 88.5bRM 46.1bRM 3.7b19.3x23.9x1.9x
Thu, 20 Mar 2025RM 82.9bRM 46.1bRM 3.7b17.6x22.4x1.8x
Sat, 15 Feb 2025RM 88.9bRM 46.3bRM 3.6b20.8x24.5x1.9x
Mon, 13 Jan 2025RM 92.5bRM 46.3bRM 3.9b21.7x23.7x2x
Wed, 11 Dec 2024RM 92.0bRM 46.3bRM 3.9b21.6x23.6x2x
Fri, 08 Nov 2024RM 87.9bRM 46.4bRM 2.8b24.8x30.9x1.9x
Sun, 06 Oct 2024RM 93.5bRM 46.4bRM 2.8b26.3x33x2x
Tue, 03 Sep 2024RM 98.2bRM 46.4bRM 2.8b27.8x34.6x2.1x
Thu, 01 Aug 2024RM 94.5bRM 46.1bRM 2.3b27x40.3x2x
Sat, 29 Jun 2024RM 95.0bRM 46.1bRM 2.3b26.8x40.6x2.1x
Mon, 27 May 2024RM 103.1bRM 45.5bRM 2.3b30.6x44.7x2.3x
Wed, 24 Apr 2024RM 99.1bRM 45.4bRM 2.3b30.8x43.6x2.2x
Fri, 22 Mar 2024RM 104.4bRM 45.4bRM 2.3b32.8x45.9x2.3x
Sun, 18 Feb 2024RM 105.8bRM 45.4b-RM 1,894,124,448.0029.7x-55.9x2.3x
Tue, 16 Jan 2024RM 103.6bRM 45.4b-RM 1,895,227,606.0034.7x-54.7x2.3x
Thu, 14 Dec 2023RM 98.9bRM 45.4b-RM 1,895,227,606.0024.8x-52.2x2.2x
Sat, 11 Nov 2023RM 103.7bRM 43.3b-RM 3,296,881,148.0032.6x-31.4x2.4x
Mon, 09 Oct 2023RM 104.1bRM 43.3b-RM 3,296,881,148.0032.6x-31.6x2.4x
Wed, 06 Sep 2023RM 105.7bRM 43.3b-RM 3,296,881,148.0026x-32.1x2.4x
Fri, 04 Aug 2023RM 108.2bRM 40.9b-RM 2,758,219,424.0044.1x-39.2x2.6x
Sun, 02 Jul 2023RM 104.8bRM 40.9b-RM 2,758,219,424.0041.9x-38x2.6x
Price to Earnings Ratio

-38x


Total Market Cap: RM 104.8bTotal Earnings: -RM 2,758,219,424.00Total Revenue: RM 40.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Wireless Telecom Industry Price to Earnings3Y Average 14.3x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Wireless Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.2x which is higher than its 3-year average PE of 14.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • Total earnings for the Wireless Telecom industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 4.3% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Malaysian Telecom industry?

MY Market-1.09%
Telecom-2.42%
Wireless Telecom-2.99%
Wireless Telecom Services-2.99%
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
AXIATA Axiata Group BerhadRM 1.980.5%
+RM 91.9m		-10.0%PE64.4x
MTOUCHE mTouche Technology BerhadRM 0.03516.7%
+RM 4.6m		133.3%PS3.4x
NOVATECH Nova Technology Services BerhadRM 0.04512.5%
+RM 4.5m		12.5%PE9.9x
WATTA Watta Holding BerhadRM 0.436.2%
+RM 2.1m		2.4%PS9.4x
XOX XOX BerhadRM 0.182.9%
+RM 929.3k		-41.0%PS0.1x

Latest News

CDB
RM 2.68
Celcomdigi Berhad
7D
-4.3%
1Y
-30.9%
Narrative Update • Jun 23

CDB: Steady Outlook Where 2026 Dividend And Margins Will Shape Return Profile

Analysts have kept their MYR based fair value for Celcomdigi Berhad steady at MYR 2.80, citing only modest adjustments to revenue growth, profit margin and future P/E assumptions that did not justify a change in the overall price target. What's in the News Celcomdigi Berhad declared a first interim tax exempt, single tier dividend of 3.4 sen per ordinary share for the financial year ending 31 December 2026.
AXIATA
RM 1.98
Axiata Group Berhad
7D
0.5%
1Y
-10.0%
Narrative Update • Jun 15

AXIATA: Leadership Changes Will Support Stable Margins And Future Upside Potential

Analysts have maintained their MYR-based price target for Axiata Group Berhad at MYR 2.67, citing largely unchanged assumptions around the discount rate, revenue growth and profit margins that keep their fair value view steady. What's in the News Axiata Group Berhad announced that Encik Nik Rizal Kamil Nik Ibrahim Kamil will cease to serve as Group Chief Financial Officer on 1 June 2026 following his appointment as Group Chief Executive Officer and Managing Director.
NOVATECH
RM 0.045
Nova Technology Services Berhad
7D
12.5%
1Y
12.5%
MTOUCHE
RM 0.035
mTouche Technology Berhad
7D
16.7%
1Y
133.3%
WATTA
RM 0.43
Watta Holding Berhad
7D
6.2%
1Y
2.4%
XOX
RM 0.18
XOX Berhad
7D
2.9%
1Y
-41.0%
MAXIS
RM 3.28
Maxis Berhad
7D
-3.8%
1Y
-10.4%