Maxis Berhad (6012.KL) stock analysis

In our weekly check, Maxis Berhad is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 6, red flags: 1.

About Maxis Berhad

Maxis Berhad is a Communication Services company (Telecommunications Services), listed on KLS as 6012.KL.

What our checks show for 6012.KL

Red flags

• The gross margin fell by 19 points, to 35.3%: costs are rising faster than prices.

Warning signs

• Net debt is 2x a year of EBITDA (debt/equity 1.48). That limits room in a downturn and raises refinancing risk.
• Analysts expect only about 1.8% a year of growth in revenue.
• Revenue grew only 3.5% a year over the last 3 years.
• The dividend takes 83% of profit: little cushion if profit falls.
• The stock has fallen as much as 57% from a peak. Would you have held through that?
• The stock is still below its previous peak.

Strengths

• The net margin rose by 1 points over 5 years, to 15.2%.
• Operating cash flow is 2.07x net profit: the profit arrives as real cash.
• Earnings per share grew 11.8% a year over the last 3 years.
• Net profit grew 12.6% a year over the last 3 years.
• Free cash flow is 19.2% of revenue: cash for dividends, buybacks or growth.
• Beta 0.26: the stock usually moves less than the market.

Next earnings report: 2026-11-06

Similar companies

VOD.L · 6947.KL · 4863.KL · BT-A.L · SCMN.SW · OPL.WA

Questions

What grade does Maxis Berhad (6012.KL) have?

In our weekly check, Maxis Berhad is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 6, red flags: 1. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 6012.KL stock?

This week's biggest flags for Maxis Berhad: Gross margin falling, High debt, Weak revenue forecast. In total 7 of 25 checks show a warning or a red flag.

What does Maxis Berhad do?

Maxis Berhad is a Communication Services company (Telecommunications Services), listed on KLS as 6012.KL.

When does Maxis Berhad report earnings next?

The next earnings report is expected on 2026-11-06. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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