Valuation Telekom Malaysia

Equities

Market Closed - BURSA MALAYSIA Other stock markets 08:50:02 09/02/2026 GMT			5-day change	1st Jan Change
8.010 ^MYR	+1.52%		+1.39%	-0.50%

01-20	Reneuco Berhad Announces Redesignation of Dato' Dr. Md Khir Bin Abdul Rahman from Non Executive Director to Independent and Non Executive Non Executive Chairman, Effective January 20, 2026	CI
11-24	Telekom Malaysia Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	20,415	21,051	20,633	21,299	25,521	30,740	30,740	-
Change	-	3.11%	-1.98%	3.22%	19.82%	20.45%	0%	-
Enterprise Value (EV) ¹	25,480	25,839	20,633	23,107	25,915	30,244	29,254	28,149
Change	-	1.41%	-20.15%	11.99%	12.15%	16.7%	-3.27%	-3.78%
P/E ratio	20.3x	23.4x	18x	11.4x	12.7x	17.5x	16.5x	16.2x
PBR	2.87x	2.77x	2.58x	2.32x	2.52x	2.86x	2.7x	2.55x
PEG	-	-2x	0.7x	0.2x	1.63x	-1.4x	2.8x	7.94x
Capitalization / Revenue	1.88x	1.83x	1.7x	1.74x	2.18x	2.54x	2.47x	2.42x
EV / Revenue	2.35x	2.24x	1.7x	1.89x	2.21x	2.5x	2.35x	2.21x
EV / EBITDA	6.55x	5.95x	4.17x	4.73x	5.79x	6.46x	5.98x	5.62x
EV / EBIT	15.9x	15.1x	9.87x	11.1x	11.1x	12.6x	11.5x	10.9x
EV / FCF	20.4x	24.1x	34.3x	15.5x	9.85x	16.8x	15x	11.9x
FCF Yield	4.9%	4.15%	2.92%	6.46%	10.1%	5.97%	6.68%	8.37%
Dividend per Share ²	0.143	0.13	-	0.25	0.25	0.2784	0.2982	0.3147
Rate of return	2.64%	2.36%	-	4.5%	3.76%	3.48%	3.72%	3.93%
EPS ²	0.267	0.235	0.3	0.487	0.525	0.4572	0.4841	0.494
Distribution rate	53.6%	55.3%	-	51.3%	47.6%	60.9%	61.6%	63.7%
Net sales ¹	10,840	11,529	12,118	12,256	11,712	12,079	12,465	12,715
EBITDA ¹	3,889	4,345	4,953	4,884	4,474	4,678	4,894	5,009
EBIT ¹	1,605	1,710	2,090	2,088	2,325	2,404	2,549	2,590
Net income ¹	1,016	895.2	1,143	1,870	2,017	1,786	1,849	1,925
Net Debt ¹	5,065	4,788	-	1,808	394.7	-496.6	-1,486	-2,591
Reference price ²	5.410	5.500	5.400	5.550	6.650	8.010	8.010	8.010
Nbr of stocks (in thousands)	3,773,643	3,827,501	3,821,010	3,837,628	3,837,705	3,837,738	3,837,738	-
Announcement Date	24/02/21	25/02/22	28/02/23	23/02/24	25/02/25	-	-	-

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TELEKOM MALAYSIA	17.26x	2.47x	6.37x	3.53%	7.67B
CHINA MOBILE LIMITED	10.73x	1.26x	3.88x	6.97%	225B
VERIZON COMMUNICATIONS, INC.	10.29x	2.43x	6.71x	5.9%	195B
DEUTSCHE TELEKOM AG	16.16x	2.32x	6.25x	3.32%	170B
NTT, INC.	11.87x	1.66x	6.92x	3.5%	79.23B
CHINA TELECOM CORPORATION LIMITED	11.85x	0.78x	2.85x	6.25%	73.67B
AMÉRICA MÓVIL, S.A.B. DE C.V.	12.88x	1.88x	4.74x	2.8%	64.71B
SINGAPORE TELECOMMUNICATIONS LIMITED	27.87x	5.89x	21.29x	3.94%	61.2B
SAUDI TELECOM COMPANY	14.79x	2.76x	8.7x	4.97%	59.13B
ORANGE	28.79x	1.81x	5.87x	4.65%	51.85B
Average	16.25x	2.32x	7.36x	4.58%	98.78B
Weighted average by Cap.	14.19x	2.12x	6.56x	5.07%