Maxis Berhad

KLSE:MAXIS Stock Report

Market Cap: RM 28.1b

Maxis Berhad Future Growth

Future criteria checks 2/6

Maxis Berhad is forecast to grow earnings and revenue by 4.1% and 2.5% per annum respectively. EPS is expected to grow by 4.1% per annum. Return on equity is forecast to be 26.3% in 3 years.

Key information

4.1%

Earnings growth rate

4.09%

EPS growth rate

Wireless Telecom earnings growth-2.8%
Revenue growth rate2.5%
Future return on equity26.27%
Analyst coverage

Good

Last updated04 May 2026

Recent future growth updates

Analysis Article Feb 15

Earnings Update: Maxis Berhad (KLSE:MAXIS) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

As you might know, Maxis Berhad ( KLSE:MAXIS ) recently reported its full-year numbers. Maxis Berhad reported in line...

Recent updates

Analysis Article Feb 15

Earnings Update: Maxis Berhad (KLSE:MAXIS) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

As you might know, Maxis Berhad ( KLSE:MAXIS ) recently reported its full-year numbers. Maxis Berhad reported in line...
Analysis Article Jan 21

Does Maxis Berhad (KLSE:MAXIS) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 31

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

Key Insights Maxis Berhad's estimated fair value is RM6.54 based on 2 Stage Free Cash Flow to Equity Maxis Berhad's...
Analysis Article Dec 12

Subdued Growth No Barrier To Maxis Berhad's (KLSE:MAXIS) Price

Maxis Berhad's ( KLSE:MAXIS ) price-to-earnings (or "P/E") ratio of 20.2x might make it look like a sell right now...
Analysis Article Nov 10

Maxis Berhad (KLSE:MAXIS) Has Affirmed Its Dividend Of MYR0.04

The board of Maxis Berhad ( KLSE:MAXIS ) has announced that it will pay a dividend of MYR0.04 per share on the 19th of...
Analysis Article Oct 19

Maxis Berhad (KLSE:MAXIS) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 30

Is Maxis Berhad (KLSE:MAXIS) Trading At A 44% Discount?

Key Insights The projected fair value for Maxis Berhad is RM6.49 based on 2 Stage Free Cash Flow to Equity Maxis...
Analysis Article Sep 11

Unpleasant Surprises Could Be In Store For Maxis Berhad's (KLSE:MAXIS) Shares

With a price-to-earnings (or "P/E") ratio of 19.4x Maxis Berhad ( KLSE:MAXIS ) may be sending bearish signals at the...
Analysis Article Aug 24

Maxis Berhad's (KLSE:MAXIS) Dividend Will Be MYR0.04

Maxis Berhad ( KLSE:MAXIS ) has announced that it will pay a dividend of MYR0.04 per share on the 25th of September...
Analysis Article Jul 20

Investors Met With Slowing Returns on Capital At Maxis Berhad (KLSE:MAXIS)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Jul 01

Does Maxis Berhad (KLSE:MAXIS) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 19

Maxis Berhad (KLSE:MAXIS) Has Announced A Dividend Of MYR0.04

Maxis Berhad's ( KLSE:MAXIS ) investors are due to receive a payment of MYR0.04 per share on 20th of June. This payment...

Earnings and Revenue Growth Forecasts

KLSE:MAXIS - Analysts future estimates and past financials data (MYR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202811,4771,7722,6363,81114
12/31/202711,1841,6792,3883,75919
12/31/202610,9281,6202,2463,61219
12/31/202510,6351,5612,2673,583N/A
9/30/202510,5301,5022,2963,355N/A
6/30/202510,5171,4561,9552,996N/A
3/31/202510,5411,4142,0733,083N/A
12/31/202410,5361,3962,0463,057N/A
9/30/202410,5071,1312,2513,254N/A
6/30/202410,3731,0522,5523,558N/A
3/31/202410,2571,0262,4243,492N/A
12/31/202310,1809931,6752,816N/A
9/30/20239,9921,1701,8763,158N/A
6/30/20239,9551,1911,3752,913N/A
3/31/20239,9091,1831,4313,062N/A
12/31/20229,7891,1521,5833,303N/A
9/30/20229,6911,2081,5213,525N/A
6/30/20229,5571,2251,9493,846N/A
3/31/20229,4071,2631,8063,584N/A
12/31/20219,2411,3082,1303,763N/A
9/30/20219,0461,3382,3593,710N/A
6/30/20218,9881,3772,0973,356N/A
3/31/20218,8651,3592,1193,491N/A
12/31/20208,9661,3822,2433,639N/A
9/30/20209,2951,4111,8543,359N/A
6/30/20209,3671,4052,2163,646N/A
3/31/20209,4221,4602,2863,695N/A
12/31/20199,3131,5122,1403,511N/A
9/30/20199,1681,430N/A3,635N/A
6/30/20199,1471,585N/A3,545N/A
3/31/20199,1871,666N/A3,455N/A
12/31/20189,1921,780N/A3,331N/A
9/30/20189,1232,056N/A3,482N/A
6/30/20189,1922,107N/A3,399N/A
3/31/20189,2812,201N/A3,210N/A
12/31/20179,4192,180N/A3,368N/A
9/30/20179,2572,142N/A2,506N/A
6/30/20179,0802,081N/A2,607N/A
3/31/20178,8471,997N/A2,994N/A
12/31/20168,6122,013N/A3,100N/A
9/30/20168,5741,977N/A4,095N/A
6/30/20168,5841,894N/A4,210N/A
3/31/20168,5921,847N/A3,922N/A
12/31/20158,6011,739N/A4,073N/A
9/30/20158,5481,609N/A4,141N/A
6/30/20158,4471,638N/A4,178N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAXIS's forecast earnings growth (4.1% per year) is above the savings rate (3.8%).

Earnings vs Market: MAXIS's earnings (4.1% per year) are forecast to grow slower than the MY market (11% per year).

High Growth Earnings: MAXIS's earnings are forecast to grow, but not significantly.

Revenue vs Market: MAXIS's revenue (2.5% per year) is forecast to grow slower than the MY market (6.4% per year).

High Growth Revenue: MAXIS's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAXIS's Return on Equity is forecast to be high in 3 years time (26.3%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 05:08
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Maxis Berhad is covered by 36 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee ChowAffin Hwang Investment Bank
Muhammad Afif Bin ZulkapllyAmInvestment Bank Berhad
Anand RamachandranBarclays