Company Valuation: Axiata Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 38,168 28,358 21,846 22,865 23,149 18,836 - -
Change - -25.7% -22.96% 4.66% 1.24% -18.63% - -
Enterprise Value (EV) 1 60,420 28,358 42,076 52,231 36,257 31,141 30,674 30,038
Change - -53.07% 48.38% 24.13% -30.58% -14.11% -1.5% -2.07%
P/E 46.7x 2.91x -183x 24.2x 63x 28x 19.8x 16.5x
PBR 2.12x - 0.99x 1.08x 1.14x 0.9x 0.9x 0.94x
PEG - 0x 2x -0x -1x 0.3x 0.5x 0.8x
Capitalization / Revenue 1.47x 1.03x 0.93x 1.02x 1.61x 1.53x 1.47x 1.44x
EV / Revenue 2.33x 1.03x 1.79x 2.34x 2.52x 2.52x 2.4x 2.3x
EV / EBITDA 5.3x 2.28x 4.37x 4.69x 5.23x 5.47x 5.17x 4.94x
EV / EBIT 18.3x 6.47x 17.3x 13.8x 23.1x 14.4x 12.9x 11.6x
EV / FCF 25.2x - 57.1x 13.6x 21.8x 11.8x 11.8x 10.6x
FCF Yield 3.97% - 1.75% 7.37% 4.59% 8.5% 8.5% 9.46%
Dividend per Share 2 0.095 - 0.1 0.1 0.1 0.105 0.1153 0.1157
Rate of return 2.28% - 4.2% 4.02% 3.97% 5.12% 5.62% 5.64%
EPS 2 0.089 1.063 -0.013 0.103 0.04 0.0731 0.1034 0.1245
Distribution rate 107% - -769% 97.1% 250% 144% 112% 93%
Net sales 1 25,901 27,522 23,489 22,335 14,364 12,349 12,792 13,036
EBITDA 1 11,404 12,434 9,629 11,129 6,934 5,698 5,932 6,075
EBIT 1 3,309 4,383 2,429 3,788 1,567 2,163 2,371 2,594
Net income 1 818.9 9,766 -125.2 946.8 364.6 653.3 961.4 1,154
Net Debt 1 22,252 - 20,230 29,366 13,108 12,305 11,838 11,202
Reference price 2 4.160 3.090 2.380 2.490 2.520 2.050 2.050 2.050
Nbr of stocks (in thousands) 9,174,987 9,177,237 9,179,085 9,182,803 9,186,253 9,188,242 - -
Announcement Date 2/22/22 2/23/23 2/22/24 2/26/25 2/26/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-205.31x44.27x98.78x - 1,782B
37.65x6.88x31.14x0.17% 224B
17.99x3.02x7.7x2.2% 203B
9.37x2.27x6.12x5.18% 149B
14.46x2.33x7.76x2.95% 66.99B
13.8x1.33x4.54x3.66% 34.84B
21.16x5.67x10.37x4.49% 33.15B
8.9x0.32x1.3x7.61% 25.02B
12.56x3.43x7.59x6.74% 20.53B
Average -7.71x 7.72x 19.48x 4.12% 282.02B
Weighted average by Cap. -137.81x 32.25x 73.55x 2.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield