Grameenphone
Market Cap
৳493.8b
Last Updated
2021/07/24 10:44 UTC
Data Sources
Company Financials +
Executive Summary
Grameenphone Ltd. provides mobile telecommunication and related services in Bangladesh. More Details
Rewards
Risk Analysis
Dividend of 7.25% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Solid track record and good value.
Similar Companies
Share Price & News
How has Grameenphone's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GP is less volatile than 75% of BD stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GP's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
2.6%
GP
0.2%
BD Wireless Telecom
2.1%
BD Market
1 Year Return
45.8%
GP
1.8%
BD Wireless Telecom
51.9%
BD Market
Return vs Industry: GP exceeded the BD Wireless Telecom industry which returned 1.9% over the past year.
Return vs Market: GP underperformed the BD Market which returned 51.9% over the past year.
Shareholder returns
| GP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 0.2% | 2.1% |
| 30 Day | 5.6% | -1.2% | 5.0% |
| 90 Day | 7.8% | -7.0% | 14.3% |
| 1 Year | 59.6%45.8% | 5.8%1.8% | 58.4%51.9% |
| 3 Year | 16.3%-5.4% | 10.1%-3.0% | 33.0%19.6% |
| 5 Year | 78.1%30.1% | 7.9%-13.3% | 70.4%43.2% |
Long-Term Price Volatility Vs. Market
How volatile is Grameenphone's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Grameenphone undervalued compared to its fair value and its price relative to the market?
35.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GP (BDT365.7) is trading below our estimate of fair value (BDT566.77)
Significantly Below Fair Value: GP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GP is good value based on its PE Ratio (13.5x) compared to the Asian Wireless Telecom industry average (18.9x).
PE vs Market: GP is good value based on its PE Ratio (13.5x) compared to the BD market (24.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GP is overvalued based on its PB Ratio (9.9x) compared to the XA Wireless Telecom industry average (2.1x).
Future Growth
How is Grameenphone forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
4.3%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GP's forecast earnings growth is above the savings rate (3.6%).
Earnings vs Market: Insufficient data to determine if GP's earnings are forecast to grow faster than the BD market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GP's revenue (4.3% per year) is forecast to grow slower than the BD market (10% per year).
High Growth Revenue: GP's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GP's Return on Equity is forecast to be very high in 3 years time (77.6%).
Past Performance
How has Grameenphone performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GP has high quality earnings.
Growing Profit Margin: GP's current net profit margins (26%) are higher than last year (24.2%).
Past Earnings Growth Analysis
Earnings Trend: GP's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: GP's earnings growth over the past year (6.5%) is below its 5-year average (11.1% per year).
Earnings vs Industry: GP earnings growth over the past year (6.5%) exceeded the Wireless Telecom industry 0.4%.
Return on Equity
High ROE: GP's Return on Equity (73.4%) is considered outstanding.
Financial Health
How is Grameenphone's financial position?
Financial Position Analysis
Short Term Liabilities: GP's short term assets (BDT14.3B) do not cover its short term liabilities (BDT91.1B).
Long Term Liabilities: GP's short term assets (BDT14.3B) do not cover its long term liabilities (BDT23.7B).
Debt to Equity History and Analysis
Debt Level: GP's debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: GP's debt to equity ratio has reduced from 103.5% to 24.7% over the past 5 years.
Debt Coverage: GP's debt is well covered by operating cash flow (444.7%).
Interest Coverage: GP's interest payments on its debt are well covered by EBIT (52.8x coverage).
Balance Sheet
Dividend
What is Grameenphone current dividend yield, its reliability and sustainability?
7.25%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GP's dividend (7.25%) is higher than the bottom 25% of dividend payers in the BD market (0.95%).
High Dividend: GP's dividend (7.25%) is in the top 25% of dividend payers in the BD market (2.76%)
Stability and Growth of Payments
Stable Dividend: GP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (99.5%), GP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GP's dividends in 3 years are not forecast to be well covered by earnings (103.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Yasir Azman (46 yo)
1.42yrs
Tenure
Mr. Yasir Azman serves as Chief Executive Officer of Grameenphone Ltd, a subsidiary of Telenor ASA since February 01, 2020. He had been the Chief Marketing Officer of GrameenPhone Ltd. since June 15, 2015 ...
Leadership Team
Experienced Management: GP's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: GP's board of directors are considered experienced (3.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Grameenphone Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Grameenphone Ltd.
- Ticker: GP
- Exchange: DSE
- Founded: 1996
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: ৳493.805b
- Shares outstanding: 1.35b
- Website: https://www.grameenphone.com
Number of Employees
Location
- Grameenphone Ltd.
- GP House
- Bashundhara
- Dhaka
- 1229
- Bangladesh
Listings
Biography
Grameenphone Ltd. provides mobile telecommunication and related services in Bangladesh. The company offers prepaid and postpaid services; and Internet, roaming, GP Accelerator program, digital services and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/24 10:44 |
| End of Day Share Price | 2021/07/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.