Maxis BhdMAXSF 81 ROE % is 27.61% as of Mar. 2026, which is 22% above its 10-year median of 22.67. GuruFocus rates MAXSF with a GF Score™ of 81/100 and a GF Value™ of $0.79. The stock has 5 warning signs investors should review. Among 349 Telecommunication Services companies, Maxis Bhd ranks better than 87.11% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maxis Bhd's annualized net income for the quarter that ended in Mar. 2026 was $422 Mil. Maxis Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,530 Mil. Therefore, Maxis Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 27.61%.
The historical rank and industry rank for Maxis Bhd's ROE % or its related term are showing as below:
MAXSF'
s ROE % Range Over the Past 10 Years
Min: 16.78 Med: 22.67 Max: 45.62
Current: 26.58
During the past 13 years, Maxis Bhd's highest ROE % was 45.62%. The lowest was 16.78%. And the median was 22.67%.
MAXSF's ROE % is ranked better than 87.11% of 349
companies
in the Telecommunication Services industry
Industry Median: 7.41
vs MAXSF: 26.58
Maxis Bhd (OTCPK:MAXSF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Maxis Bhd ROE % Related Terms
Maxis Bhd ROE % Historical Data
* Premium members only.
The historical data trend for Maxis Bhd's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Telecom Services subindustry, Maxis Bhd's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Maxis Bhd ROE % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Maxis Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Maxis Bhd's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Maxis Bhd (MAXSF) has a ROE % of 27.61% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Maxis Bhd and its competitors. This is 22% above median its historical median of 22.67. Over the past decade, Maxis Bhd's ROE % has ranged from 16.78 to 45.62. According to the industry distribution chart, Maxis Bhd ranks #45 out of 349 companies in the Telecommunication Services industry, placing it in the top 12.9%.
Is Maxis Bhd's ROE % too high?
Maxis Bhd's current ROE % of 27.61% is 22% above median its 10-year median of 22.67. Over the past 10 years, this metric has ranged from a low of 16.78 to a high of 45.62. The Telecommunication Services industry median ROE % is 7.41. Maxis Bhd's value of 27.61% is 272.6% above this industry median. Based on the distribution chart, Maxis Bhd ranks #45 out of 349 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maxis Bhd has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Maxis Bhd's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maxis Bhd ranks #45 out of 349 companies for ROE %. This places Maxis Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 7.41. Maxis Bhd's value of 27.61% is 272.6% above this benchmark. Historically, Maxis Bhd's own ROE % has ranged from 16.78 to 45.62 over the past decade. While the company's 10-year median is 22.67 vs. the industry median of 7.41, Maxis Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maxis Bhd's current ROE % of 27.61% is 272.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Maxis Bhd and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxis Bhd's current ROE % is 27.61%, which is 22% above median its own 10-year median of 22.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxis Bhd stock overvalued right now?
Maxis Bhd (MAXSF) has a current ROE % of 27.61%. The stock's GF Value™ is $0.79, compared to a current price of $0.71 — trading 10.1% below its estimated fair value. The current ROE % is 27.61%, which is 22% above median its 10-year median of 22.67 and 272.6% above the Telecommunication Services industry median of 7.41. Maxis Bhd's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Maxis Bhd (MAXSF), the current ROE % is 27.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maxis Bhd (MAXSF) Overvalued in 2026?
Based on GuruFocus' analysis, Maxis Bhd stock appears to be undervalued.
The current stock price of $0.71 is trading 10.1% below its estimated GF Value™ of $0.79.
Key valuation signals for MAXSF:
ROE %: 27.61% (22% above median its 10-year median of 22.67)
GF Value™: $0.79 vs. price of $0.71 (10.1% below fair value)
Industry Position: 272.6% above the Telecommunication Services median (#45 of 349)
No single metric tells the full story. See the MAXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maxis Bhd is a telecommunications provider. Its primary services include mobile, wireless, fixed, and enterprise services, with the majority of revenue generated from mobile and wireless. The company generates mobile revenue from prepaid and postpaid subscribers, with roughly an even split between both. Within enterprise services, Maxis provides traditional managed services in addition to mobile and fixed services. Additionally, the company owns fiber backhaul infrastructure.
81GF Score
Get the complete analysis for MAXSF
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAXSF has been successfully added to your 
