PT XL Axiata Tbk

excl

-3.70%

Overview

EXCL Overview

PT XL Axiata Tbk is an Indonesia-based telecommunications company. The Company operates and manages the business in a single segment, which provides global system for mobile communications (GSM) mobile and telecommunications network services to its customers. It provides and expands its stable Internet network coverage through innovations and technology to reach a digitalized Indonesia. It also offers interconnection services, which includes voice over Internet protocol (VoIP) service. Its network services include fourth generation (4G) network services, fiberization, universal service obligation (USO) and 5G network services. Its XL Axiata Business solutions include Mobile Communication, Fixed Connectivity, Cloud & Data Center and Internet of Things. Its consumer products include XL Prepaid, XL Prioritas, XL Home, AXIS and SIM Card Registration.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: EXCL

Main
Market Cap.
IDR 27.19Trillion

~$1.67B USD

Industry
Wireless Telecommunication Services
Sub-Industry
Wireless Telecommunication Services
Sector
Infrastructures

Valuation

EXCL Valuation Metrics

2,080

IDR
-3.7%

Closing Price on 2024-06-14

Price to Equity

16.90

P/E

At 16.90x P/E TTM, EXCL.JK is trading in line with its peers in the Telecommunication sector.

Price to Book

1.01

P/B

At 1.01x P/B TTM, EXCL.JK is trading at a discount to its peers in the Telecommunication sector.

Price to Sales

0.82

P/S

At 0.82x P/S TTM, EXCL.JK is trading at a discount to its peers in the Telecommunication sector.

Valuing PT XL Axiata Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Telecommunication sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT XL Axiata Tbk relative to other stocks in the Telecommunication sector

Price/Cash Flow
1.62x
Price/Forward Earnings
12.73x
Enterprise Value/Revenue
2.17x
Enterprise Value/EBITDA
4.25x
PEG Ratio
0.10x

Analyst Ratings

40
60
80
0
100

77.5

Recommended

Neutral

Not Recommended

Last closing: IDR2,0802024-06-14
IDR 910.52

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of EXCL is IDR911, which is 55% lower than EXCL's last closing price of IDR2,080 (as of 2024-06-14).

Valuation Recap of EXCL stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 16.90x is above the ID market average of 8.07x but is trading in a P/E range similar to its peers in the Telecommunication sector (16.87x).

High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 1.01x is similar to the peers average of 1.39x in the Telecommunication sector.

Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 0.82x is below the peers average of 3.47x in the Telecommunication sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of EXCL's valuation relative to its current sales and future earnings growth. EXCL trades at a Forward P/E ratio of 12.73x, which is considered fairly undervalued by analysts.

Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. EXCL's P/CF ratio of 1.62x is considered healthy by analysts.

Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. EXCL's EV/R ratio of 2.17x is considered fairly underpriced by the market The average EV/R ratio for the Telecommunication sector is 6.59x.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of EXCL is IDR 910.52, which is 55% lower than EXCL's last closing price of IDR 2,080.00.

Peers

EXCL Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
BRENPT Barito Renewables Energy Tbk.1,050.22T58.07T 4.52T 0.90T 1171.19139.74
TLKMPT Telkom Indonesia (Persero) Tbk269.45T288.04T 150.56T 24.06T 11.201.90
ISATPT Indosat Tbk82.04T115.61T 53.12T 4.87T 16.842.56
MTELPT Dayamitra Telekomunikasi Tbk49.92T57.31T 8.75T 2.03T 24.591.45
SUPRSolusi Tunas Pratama Tbk44.51T9.31T 1.89T 1.14T 39.177.51
TBIGPT Tower Bersama Infrastructure Tbk44.14T46.76T 6.73T 1.58T 27.973.68
PGEOPT Pertamina Geothermal Energy Tbk43.98T47.53T 6.30T 2.54T 17.301.37
JSMRPT Jasa Marga Tbk34.40T130.42T 22.92T 6.88T 5.001.21
TOWRSarana Menara Nusantara Tbk34.09T69.32T 11.92T 3.30T 10.341.98
EXCLPT XL Axiata Tbk27.19T87.98T 33.21T 1.61T 16.901.01
Competitiveness Recap of EXCL stock
WeightNotesScore
High
At a market cap of IDR 27,189.55 billion, EXCL.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.

High
At a PE of 16.90, EXCL.JK ranks 6 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 134.05 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Infrastructures. In this regard, it trails behind sector leaders such as PT Barito Renewables Energy Tbk. (1171.19) in the Infrastructures sector.

Medium
At a PE of 16.90, EXCL.JK is trading at a higher PE than that of its subsector peers in Telecommunication (median of 16.87). false

Medium
At a revenue of IDR 33.21 trillion, EXCL.JK ranks 3 in Revenue out of 10 companies in the Infrastructures sector.

Medium
At a profit of IDR 1.61 trillion, EXCL.JK ranks 7 in Profit out of 10 companies in the Infrastructures sector.

Future

Future Growth of EXCL

Growth Forecasts

EXCL 2024 Revenue Growth
+6.7%
EXCL 2025 Revenue Growth
+13.5%
EXCL 2024 EPS Growth
+39.7%
EXCL 2025 EPS Growth
+67.8%
Sector Revenue Growth
+13.5%
Telecommunication
Indonesia Market Growth
+13.1%
IDX overall growth
Telecommunication Sector Revenue Growth '24
+4.5%
Telecommunication Sector Revenue Growth '25
+11.2%
Infrastructures Sector Revenue Growth '24
+5.0%
Infrastructures Sector Revenue Growth '25
+9.9%

Sector Benchmark

Telecommunication companies in Indonesia are growing at a projected rate of 13.47% against the IDX average of +13.1%.

Telecommunication sector overview

EXCL Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of EXCL
WeightNotesScore
High
EXCL's projected growth rate of 13.47% is above the ID market average of 13.14%.

High
The Telecommunication sub-sector is projected to grow revenue by 11.15% in 2025. This number is higher than the previous year 2024's growth rate of 4.50%. This bodes well for EXCL's revenue growth prospects in the next 2 years.

Medium
The Telecommunication sub-sector is projected to increase earnings by 24.52% in 2025. This number is higher than the previous year 2024's EPS growth of 11.98%. This bodes well for EXCL's earnings growth prospects in the next 2 years.

Medium
EXCL and its peers in the Telecommunication sub-sector belongs to the Infrastructures sector. Companies in the Infrastructures sector are projected to have a fruitful year heading into 2025. Specifically, earnings are projected to increase by 16.56% in 2025 while revenue growth is projected to increase by 9.86%. These macroeconomic trends will likely be a tailwind for EXCL's earnings growth prospects in the next 2 years.

Loading...
Loading...

Management

Executive Management

President Director

Dian Siswarini 15.2 years
Yessie D. Yosetya
Director
Abhijit Jayant Navalekar
Director
David Arcelus Oses
Director
I Gede Darmayusa
Director
Feiruz Ikhwan Bin Abdul Malek
Director
NamePositionShares%
Abhijit NavalekarDirector3,125,4210.02
David Arcelus OsesDirector3,534,0690.03
Dian Siswarini President Director11,764,6220.09
Feiruz Ikhwan Bin Abdul MalekDirector222,134< 0.01
I Gede DarmayusaDirector454,924< 0.01
Yessie D. YosetyaDirector2,188,8450.02
Expressed in millions IDR, unless otherwise stated

Ownership

EXCL Ownership

NameNumber of SharesOwnership (%)Value
Axiata Investments (Indonesia) Sdn. Bhd.8,697,163,76266.2518,090.10B
Public (Scripless)4,353,489,08833.169,055.26B
Treasury Stock56,487,8000.43117.49B
Dian Siswarini 11,764,6220.0924.47B
David Arcelus Oses3,534,0690.037.35B
Abhijit Navalekar3,125,4210.026.50B
Yessie D. Yosetya2,188,8450.024.55B

Largest Institutional Buy

State Street Global Advisors
Bought 31-01-2024
+4,795,506 shares
Niche Asset Management LTD
Bought 31-01-2024
+2,000,000 shares
Vanguard Equity Investment Group
Bought 31-01-2024
+1,639,400 shares

Largest Institutional Sell

Brandes Investment Partners, L.P.
Sold 31-01-2024
-29,036,900 shares
Public Mutual Berhad
Sold 31-01-2024
-16,034,995 shares
Commonwealth/Colonial Group
Sold 31-01-2024
-10,169,978 shares

Institutional Transactions

Tracking institutional transactions buying / selling of EXCL stock

    Sectors, Indonesia's Financial Data Layer

    We hate spam as much as you do. We do not resell your data.

    Email us at sectors@supertype.ai for enquiries on using Sectors for your business or organization.

    © 2024 Supertype Pte. Ltd.
    (and subsidiary PT. Supertype Teknologi Nusantara)