Financials PT Indosat Ooredoo Hutchison Tbk

Equities

ISAT

ID1000097405

Wireless Telecommunications Services

End-of-day quote INDONESIA S.E. 06:00:00 2024-05-07 pm EDT 5-day change 1st Jan Change
10,500 IDR 0.00% Intraday chart for PT Indosat Ooredoo Hutchison Tbk -4.55% +12.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,812,746 27,441,364 33,690,388 49,787,189 75,587,642 84,658,159 - -
Enterprise Value (EV) 2 40,040 53,479 46,807 49,787 124,269 127,560 119,199 117,149
P/E ratio 10.1 x -38.3 x 4.99 x 10.5 x 16.8 x 16.4 x 13.6 x 10.7 x
Yield - - - - 2.73% 2.62% 3.26% 4.08%
Capitalization / Revenue 0.61 x 0.98 x 1.07 x 1.06 x 1.48 x 1.54 x 1.44 x 1.35 x
EV / Revenue 1.53 x 1.92 x 1.49 x 1.06 x 2.43 x 2.32 x 2.03 x 1.87 x
EV / EBITDA 4.06 x 4.68 x 3.37 x 2.52 x 5.19 x 4.81 x 4.17 x 3.8 x
EV / FCF 6,353 x 14.5 x 29.7 x - 26.6 x 15 x 14 x 11.5 x
FCF Yield 0.02% 6.91% 3.37% - 3.76% 6.66% 7.12% 8.71%
Price to Book 1.24 x 2.31 x 3.67 x - 2.46 x 2.5 x 2.25 x 2.02 x
Nbr of stocks (in thousands) 5,433,934 5,433,934 5,433,934 8,062,703 8,062,682 8,062,682 - -
Reference price 3 2,910 5,050 6,200 6,175 9,375 10,500 10,500 10,500
Announcement Date 2/24/20 2/19/21 2/22/22 2/13/23 2/7/24 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,118 27,926 31,388 46,752 51,229 55,080 58,631 62,530
EBITDA 1 9,856 11,433 13,886 19,754 23,938 26,531 28,589 30,803
EBIT 1 286.2 1,422 3,945 6,051 9,317 11,140 12,413 14,193
Operating Margin 1.1% 5.09% 12.57% 12.94% 18.19% 20.23% 21.17% 22.7%
Earnings before Tax (EBT) 1 1,587 -599.5 7,507 6,536 5,932 6,763 8,203 10,463
Net income 1 1,569 -716.7 6,751 4,723 4,506 4,990 6,032 7,601
Net margin 6.01% -2.57% 21.51% 10.1% 8.8% 9.06% 10.29% 12.16%
EPS 2 288.7 -131.9 1,242 587.4 558.9 639.4 770.9 980.2
Free Cash Flow 3 6,303 3,696,315 1,576,673 - 4,670,996 8,501,550 8,492,805 10,207,667
FCF margin 24.13% 13,236.27% 5,023.17% - 9,117.91% 15,435.04% 14,485.2% 16,324.34%
FCF Conversion (EBITDA) 63.95% 32,329.78% 11,354.41% - 19,512.92% 32,043.74% 29,707.06% 33,138.88%
FCF Conversion (Net income) 401.72% - 23,354.66% - 103,652.68% 170,373.12% 140,806.23% 134,288.81%
Dividend per Share 2 - - - - 255.7 275.2 342.0 428.1
Announcement Date 2/24/20 2/19/21 2/22/22 2/13/23 2/7/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 13,452 - - - - - - - - - 13,766 13,237 - - -
EBITDA 1 4,425 - - - - - - - - - 6,471 6,337 - - -
EBIT 1 - - - - - - - - - - 2,781 2,767 - - -
Operating Margin - - - - - - - - - - 20.2% 20.9% - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 -341.1 202.2 951 - 3,132 427.3 1,036 929.1 979.4 878.7 1,719 1,149 - - -
Net margin -2.54% - - - - - - - - - 12.49% 8.68% - - -
EPS - 37.22 174.9 - 390.4 52.41 128.4 115.2 121.5 109.0 213.2 - - - -
Dividend per Share 2 - - - - - - - - - - 255.7 - - - 223.1
Announcement Date 7/29/20 10/28/21 2/22/22 4/28/22 7/29/22 10/26/22 2/13/23 5/2/23 7/31/23 10/26/23 2/7/24 - - - -
1IDR in Billions2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 24,227 26,038 13,117 - 48,681 42,901 34,541 32,491
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.458 x 2.277 x 0.9446 x - 2.034 x 1.617 x 1.208 x 1.055 x
Free Cash Flow 2 6,303 3,696,315 1,576,673 - 4,670,996 8,501,550 8,492,805 10,207,667
ROE (net income / shareholders' equity) -12.8% -5.83% 64.1% - 11.9% 15.6% 17.1% 18.8%
ROA (Net income/ Total Assets) -2.65% -1.14% 10.7% - 3.95% 4.97% 5.62% 6.48%
Assets 1 -59,297 62,798 63,088 - 114,190 100,392 107,304 117,248
Book Value Per Share 3 2,341 2,185 1,689 - 3,813 4,198 4,663 5,202
Cash Flow per Share 3 1,949 2,033 2,019 - 2,193 2,599 2,815 3,145
Capex 1 10,582 7,352 9,395 - 13,009 12,753 12,971 13,231
Capex / Sales 40.52% 26.33% 29.93% - 25.39% 23.15% 22.12% 21.16%
Announcement Date 2/24/20 2/19/21 2/22/22 2/13/23 2/7/24 - - -
1IDR in Billions2IDR in Million3IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
10,500 IDR
Average target price
12,156 IDR
Spread / Average Target
+15.77%
Consensus
  1. Stock Market
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