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    Communication Services

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    Telecommunications Services
Maxis Berhad

Maxis Berhad

MAXSF
Maxis BerhadUS flagOther OTC
0.71
USD
-NaN
- -
5.56BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.21
1.12
1.15
1.15
1.23
1.18
1.19
1.15
1.18
1.25
1.3
1.34
1.35
1.35
Basic EPS, GAAP
0.24
0.23
0.23
0.27
0.28
0.23
0.19
0.18
0.17
0.15
0.13
0.18
0.2
0.2
Free Cash Flow per Basic Share
0.36
0.38
0.29
0.17
0.19
0.25
0.27
0.29
0.27
0.2
0.21
0.26
0.29
0.41
Dividend per Share
0.4
0.4
0.31
0.2
0.2
0.2
0.2
0.17
0.17
0.2
0.17
0.16
0.17
0.17
Book Value per Share
0.1
0.1
0.1
0.1
0.32
0.32
0.32
0.33
0.33
0.33
0.33
0.74
0.77
0.77
Tangible Book Value per Share
-0.69
-0.86
-0.94
-0.84
-0.52
-0.48
-0.55
-0.61
-0.64
-0.69
-0.7
-0.66
-0.61
-0.61
Basic Weighted Avg Shares
7,502
7,505
7,509
7,509
7,661
7,812
7,819
7,822
7,825
7,828
7,831
7,833
7,834
7,834
Sales/Revenue/Turnover
9,084
8,389
8,601
8,612
9,419
9,192
9,313
8,966
9,241
9,789
10,180
10,492
10,583
10,583
Operating Margin (%)
31.03
33.46
33.3
37.46
35.58
30.74
27.77
28.04
24
23.52
19.69
23.01
24.34
24.34
Depreciation Expense
1,366
1,404
1,431
1,431
1,101
1,068
1,379
1,475
1,649
1,721
1,903
1,780
1,812
1,812
Net Income, GAAP
1,765
1,717
1,739
2,013
2,180
1,780
1,512
1,382
1,308
1,152
993
1,396
1,561
1,561
Effective Tax Rate (%)
29.01
29.2
29
26.46
24.26
24.86
25.41
25.38
25.77
36.13
31.3
25.63
24.48
24.48
Profit Margin (%)
19.43
20.47
20.22
23.38
23.14
19.36
16.24
15.41
14.15
11.77
9.75
13.31
14.75
14.75
Working Capital
-1,808
-1,605
-2,075
-2,300
-1,475
-1,875
-2,774
-1,248
-3,256
-2,031
-2,381
-2,697
-3,399
-3,399
LT Debt
6,642
8,118
8,801
8,763
7,440
7,439
8,768
9,508
8,056
9,582
8,915
8,096
7,094
7,094
Total Equity
6,017
4,738
4,221
4,637
6,946
7,149
7,001
6,715
6,475
6,091
5,744
5,906
6,147
6,147
Return on Invested Capital (%)
14.58
14.48
14.49
16.48
17.27
14.3
12.13
11.27
10.03
9.06
8.74
11.77
12.88
12.88
Return on Capital (%)
24.16
20.84
18.32
20.09
24.25
20.4
16.74
14.03
13.16
11.27
10.52
12.76
12.7
12.7
Return on Common Equity (%)
235.33
228.84
231.6
268.06
135.41
71.52
59.99
54.42
51.18
44.75
38.35
33.14
26.24
26.24

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1,275
1,778
1,886
LT Borrowings
6,038
5,513
5,414
LT Finance Leases
1,712
1,687
1,680
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,835
7,835
7,835
Market Capitalization
23,476
23,458
22,610

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
3,286
3,497
3,181
Cash, Cash Equivalents & STI
688
899
458
Accounts Receivable, Net
1,382
1,372
1,433
Inventories
19
15
19
Total Current Liabilities
5,835
6,499
6,580
Payables & Accruals
- -
- -
- -
ST Debt
1,275
1,778
1,886
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.81%
-1.66%
4.08%
Free Cash Flow
3.05%
1.61%
10.8%
Net Income, GAAP
0.34%
4.26%
11.82%
Sales/Revenue/Turnover
2.16%
3.38%
0.87%
Total Cash Common Dividend
- -
- -
6.3%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2,513
2,455
2,429
2,728
10,180
2024
2,591
2,573
2,568
2,760
10,492
2025
2,595
2,549
2,576
2,863
10,583

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.04
0.04
0.04
0.01
0.13
2024
0.05
0.05
0.05
0.04
0.18
2025
0.05
0.05
0.05
0.05
0.2

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.04
0.04
0.04
0.17
2024
0.04
0.04
0.04
0.04
0.16
2025
0.05
0.04
0.04
0.04
0.17

Company Description

APIChat
CEO
Seow Goh
Full Time Employees
3,609
Sector
Communication Services
Industry
Telecommunications Services
Address
Menara Maxis Kuala Lumpur Malaysia 50088
IPO Date
Sep 11, 2013
Website
maxis.com.my
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Business
Maxis Berhad (MAXSF) is Malaysia's leading telecommunications provider offering mobile services including postpaid plans under Maxis and prepaid under Hotlink; fixed broadband via Maxis Home Fibre and Maxis Business Fibre with speeds up to 2Gbps; enterprise solutions encompassing managed network services, cloud and data center offerings, IoT, cybersecurity, and hardware/software for retailers; as well as value-added services such as roaming, eSIM, entertainment, satellite connectivity, and digital platforms for education and business. Founded in 1995 and headquartered in Kuala Lumpur at Menara Maxis, the company operates nationwide across Malaysia from Perlis to Sabah, serving consumers, SMEs, large enterprises in sectors like retail, manufacturing, logistics, financial services, and the public sector through 4G LTE-A, 5G access, and fibre networks. Maxis Berhad, listed on Bursa Malaysia, is majority-owned by BGSM Equity Holdings Sdn Bhd and includes subsidiaries such as Maxis Mobile Sdn Bhd, Maxis Broadband Sdn Bhd, and Maxis International Sdn Bhd. Recent developments include a July 2025 partnership with Aduna to provide open network APIs for enterprise innovation and digital transformation; equity contributions to Digital Nasional Bhd including RM116.7 million in August 2025 for 5G expansion; and potential strategic collaboration or stake acquisition in U Mobile announced in late 2024 to share 5G deployment costs amid the second network rollout.