PT Dayamitra Telekomunikasi Tbk

mtel

Overview

MTEL Overview

PT Dayamitra Telekomunikasi Tbk is engaged in business activities, such as telecommunications installation; telecommunication central construction; telecommunication activities with cable, and telecommunication activities without cable. Its supporting businesses activities include telecommunication civil building construction for transportation infrastructure; special telecommunication activities for defense and security purposes; signal installation and railway telecommunication; installation of highway signals and signs; electronics installation; information technology activities and other computer services; installation or installation of industrial machinery and equipment; electrical civil building construction; power generation; power distribution, and other power support business. Its segments include Telecommunication tower lease and Others. Its project solution provides fiber optic solution, deployment and recovery, equipment relocation, and solar panel solution.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MTEL

Main
Market Cap.
IDR 52.05Trillion

~$3.31B USD

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

Valuation

MTEL Valuation Metrics

630

IDR

Closing Price on 2024-04-05

Price to Equity

26.17

P/E

At 26.17x P/E TTM, MTEL.JK is trading at a premium to its peers in the Telecommunication sector (avg 21.5x).

Price to Book

1.56

P/B

At 1.56x P/B TTM, MTEL.JK is trading at a premium to its peers in the Telecommunication sector (avg 1.2x).

Price to Sales

6.20

P/S

At 6.20x P/S TTM, MTEL.JK is trading at a premium to its peers in the Telecommunication sector (avg 4.2x).

Valuing PT Dayamitra Telekomunikasi 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 Dayamitra Telekomunikasi Tbk relative to other stocks in the Telecommunication sector

Price/Cash Flow
8.94x
Price/Forward Earnings
20.21x
Enterprise Value/Revenue
8.03x
Enterprise Value/EBITDA
16.96x
PEG Ratio
1.20x

Analyst Ratings

40
60
80
0
100

82.5

Undervalued

Fairly Valued

Overvalued

Last closing: IDR6302024-04-05
IDR 216.73

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MTEL is IDR217, which is 65% lower than MTEL's last closing price of IDR630 (as of 2024-04-05).

Valuation Recap of MTEL 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 26.17x is above the ID market average of 8.22x and is trading at a premium to peers in the Telecommunication sector (21.52x).
Max 3
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 1.56x is similar to the peers average of 1.24x in the Telecommunication sector.
Max 3
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 6.20x is above the peers average of 4.20x in the Telecommunication sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MTEL's valuation relative to its current sales and future earnings growth. MTEL trades at a Forward P/E ratio of 20.21x, which is considered richly valued by analysts.
Max 2
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. MTEL's P/CF ratio of 8.94x is considered healthy by analysts.
Max 2
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. MTEL's EV/R ratio of 8.03x is considered a relatively high ratio The average EV/R ratio for the Telecommunication sector is 7.21x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MTEL is IDR 216.73, which is 65% lower than MTEL's last closing price of IDR 630.00.
Max 3

Peers

MTEL 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.926.47T0.00T 0.00T 0.00T
TLKMPT Telkom Indonesia (Persero) Tbk339.78T276.21T 149.67T 23.67T 14.352.60
ISATPT Indosat Tbk90.71T112.21T 49.68T 3.82T 23.733.12
MTELPT Dayamitra Telekomunikasi Tbk52.05T56.35T 8.40T 1.99T 26.171.56
PGEOPT Pertamina Geothermal Energy Tbk49.37T43.54T 6.20T 2.25T 21.911.72
SUPRSolusi Tunas Pratama Tbk45.39T9.47T 1.88T 0.97T 47.028.49
TOWRSarana Menara Nusantara Tbk42.58T68.22T 11.65T 3.31T 12.872.67
TBIGPT Tower Bersama Infrastructure Tbk42.33T43.76T 6.56T 1.53T 27.613.98
JSMRPT Jasa Marga Tbk39.92T124.90T 18.94T 7.71T 5.171.47
EXCLPT XL Axiata Tbk30.07T86.10T 31.41T 1.14T 26.401.15
Competitiveness Recap of MTEL stock
WeightNotesScore
High
At a market cap of IDR 52,050.47 billion, MTEL.JK ranks 4 in Market Cap out of 10 companies in the Infrastructures sector.
Max 2
High
At a PE of 26.17, MTEL.JK ranks 4 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 20.52 (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 Solusi Tunas Pratama Tbk (47.02) in the Infrastructures sector.
Max 2
Medium
At a PE of 26.17, MTEL.JK is trading at a higher PE than that of its subsector peers in Telecommunication (median of 21.52). false
Max 2
Medium
At a revenue of IDR 8.40 trillion, MTEL.JK ranks 6 in Revenue out of 10 companies in the Infrastructures sector.
Max 2
Medium
At a profit of IDR 1.99 trillion, MTEL.JK ranks 6 in Profit out of 10 companies in the Infrastructures sector.
Max 2

Future

Future Growth of MTEL

Growth Forecasts

MTEL 2024 Revenue Growth
+19.9%
MTEL 2024 EPS Growth
+30.0%
Sector Revenue Growth
+15.1%
Telecommunication
Indonesia Market Growth
+12.0%
IDX overall growth
Telecommunication Sector Revenue Growth '24
+11.3%
Infrastructures Sector Revenue Growth '24
+11.2%

Sector Benchmark

Telecommunication companies in Indonesia are growing at a projected rate of 15.07% against the IDX average of +12.0%.

Telecommunication sector overview

MTEL Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of MTEL
WeightNotesScore
High
MTEL's projected growth rate of 15.07% is above the ID market average of 11.98%.●●●
Max 3
High
The Telecommunication sub-sector is projected to grow revenue by 11.28% in 2024. This number is higher than the previous year 2023's growth rate of 4.65%. This bodes well for MTEL's revenue growth prospects in the next 2 years. ●●
Max 3
Medium
The Telecommunication sub-sector is projected to increase earnings by 23.79% in 2024. This number is higher than the previous year 2023's EPS growth of 10.96%. This bodes well for MTEL's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
MTEL 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 2024. Specifically, earnings are projected to increase by 25.05% in 2024 while revenue growth is projected to increase by 11.23%. These macroeconomic trends will likely be a tailwind for MTEL's earnings growth prospects in the next 2 years. ●●●
Max 3
Loading...
Loading...

Management

Executive Management

President Director

Theodorus Ardi Hartoko15.2 years
Ian Sigit Kurniawan
Director
Hastining Bagyo Astuti
Director
Agus Winarno
Director
Hendra Purnama
Director
NamePositionShares%
Agus WinarnoDirector157,500< 0.01
Hastining Bagyo AstutiDirector304,500< 0.01
Hendra PurnamaDirector1,530,000< 0.01
Herlan WijanarkoCommissioner3,994,800< 0.01
Ian Sigit KurniawanDirector2,100,000< 0.01
Theodorus Ardi HartokoPresident Director2,387,000< 0.01
Yusuf WibisonoPresident Commissioner112,500< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

MTEL Ownership

Others
13.9%
Insiders
77.83%
Institutions
8.27%
NameNumber of SharesOwnership (%)Value
Telkom Indonesia (Persero) Tbk, Pt60,021,928,04371.8537,813.81B
Public (Scripless)12,963,747,60015.528,167.16B
Pt Maleo Investasi Indonesia4,993,349,7005.983,145.81B
Government Of Singapore4,636,482,7005.552,920.98B
Treasury Stock913,200,0001.09575.32B
No data is available for MTEL at the moment.