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Maxis Berhad, an investment holding company, (6012) Fair Value & Analysis

Communication Services · MY · Market cap 27.8B MYR

MB Maxis Berhad, an investment holding company, 6012 · KLSE
Price3.66 MYR
Fair Value3.78 MYR
Upside+3.3%
Quality65/100
Healthy Growth
Solidly profitable · 14.9% net margin
Moderate debt · generates free cash flow
4.53% dividend yield
Ranks above peers (13/15)
Wide moat 70/100
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Evidence: High Range 2.45 MYR – 5.40 MYR Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 12 days ago

Share price +8.3% over the past month.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (2.45 MYR to 5.40 MYR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

4.21 MYR 3.23 MYR Fair Value 3.78 MYR Jul 2025 Jul 2026

12‑month range 3.23 MYR – 4.21 MYR · fair‑value band 2.45 MYR – 5.40 MYR · the 3.66 MYR price screens below the 3.78 MYR fair value. As of Jul 18, 2026.

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Analysis

Maxis Berhad, an investment holding company, (6012) currently trades at 3.66 MYR, while our model-based Fair Value estimate is 3.78 MYR, implying the stock looks roughly 3.3% fairly valued today. We read business quality at 65/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Maxis Berhad, an investment holding company, generated revenue of 10.8B MYR at a net margin of 14.9%. Revenue grew 4.7% year over year. It earns a return on equity of 26.7%. Net debt stands at 8.5B MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 2.45 MYR (bear case) to 5.40 MYR (bull case); at 3.66 MYR, the current price sits within that range. The share trades about 13% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 13% fair-value upside, at 3%, 6012 screens richer than that median.

Key figures & financial health

Revenue (TTM) 10.8B MYR
Revenue growth (YoY) +4.7%
Net margin 14.9%
Return on equity 26.7%
Free cash flow 2.3B MYR FY2025
P/E ratio 15.4
More key figures
Operating margin 21.3%
EPS (TTM) 0.2100 MYR
Dividend yield 4.9%
EPS growth (YoY) +12.8%
Net debt 8.5B MYR FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100
Profitability 55
Quality Growth 50
Cashflow 84
Fin. Strength 44
Investment 81
Low Volatility 89
Momentum 41
52W Momentum 44
Net Issuance 81

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally.

Full company description

Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally. It offers mobile plans; devices, such as mobiles, tablets, wearables, and home devices; broadband services; data and internet, and satellite services; and digital, point of sales and payment, collaboration, voice, security, and Internet of Things solutions. The company also provides cloud and data center solutions; hardware and software solutions for retailers; develops technology platforms to aid online learning and educational services; and managed network services and other network services. It serves retail, manufacturing, logistics, food and beverage, and financial service industries, as well as public sector. The company was founded in 1995 and is based in Kuala Lumpur, Malaysia. Maxis Berhad is a subsidiary of BGSM Equity Holdings Sdn. Bhd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Maxis Berhad, an investment holding company, reported revenue of 10.6B MYR in FY2025 versus 9.2B MYR in FY2021, a compound +3.4%/yr. Reported net income was 1.6B MYR in FY2025, compounding +4.5%/yr from FY2021.

Revenue +3.4%/yr
FY21 9.2B MYR
FY22 9.8B MYR
FY23 10.1B MYR
FY24 10.5B MYR
FY25 10.6B MYR
Net income +4.5%/yr
FY21 1.3B MYR
FY22 1.2B MYR
FY23 993M MYR
FY24 1.4B MYR
FY25 1.6B MYR

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Cite: Fair Value Calculator (2026). "Maxis Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/6012

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 38 / 29
FUTURE 24 / 15
PAST 100 / 27
HEALTH 56 / 89
DIVIDEND 91 / 73

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥97.27 ¥68.44 -30%
SoftBank Group SFTBF $41.03 $68.21 +66%
T-Mobile US, Inc T1MU34 R$463.70 R$518.24 +12%
Verizon Communications Inc VZ C$19.28 C$26.70 +38%
AT&T Inc ATTB34 R$37.32 R$12.51 -66%
Bharti Airtel Limited BHARTIARTL ₹1,775 ₹1,212 -32%
Comcast Corporation CMCS34 R$23.89 R$16.65 -30%
China Telecom Corporation 601728 ¥6.28 ¥7.10 +13%
América Móvil, S.A. AMXB 22.06 MXN 29.66 MXN +34%
Saudi Telecom Company 7010 43.14 SAR 50.52 SAR +17%

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Frequently asked questions

Is Maxis Berhad, an investment holding company, (6012) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 3.78 MYR versus a price of 3.66 MYR, about +3% (fairly valued).
What is the fair value of 6012?
Our model-based fair value for Maxis Berhad, an investment holding company, is 3.78 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 3.66 MYR.
What is the quality score of 6012?
Maxis Berhad, an investment holding company, has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Maxis Berhad, an investment holding company, (6012)?
Maxis Berhad, an investment holding company, reported trailing-twelve-month revenue of about 10.8B MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 6012?
The net profit margin of Maxis Berhad, an investment holding company, is about 14.9%, meaning it keeps roughly 14.9% of revenue as net income. Based on the latest reported figures.
Does Maxis Berhad, an investment holding company, pay a dividend?
Maxis Berhad, an investment holding company, currently shows a dividend yield of about 4.89% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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