company background image
ISAT

Indosat IDX:ISAT Stock Report

Last Price

Rp6.25k

Market Cap

Rp50.4t

7D

-5.7%

1Y

-0.4%

Updated

04 Jul, 2022

Data

Company Financials +
ISAT fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends5/6

ISAT Stock Overview

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia.

Rewards

Trading at 71% below our estimate of its fair value

Earnings are forecast to grow 11.63% per year

Earnings grew by 10887.4% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

Volatile share price over the past 3 months

Large one-off items impacting financial results

+ 1 more risk

Indosat Competitors

XL Axiata

IDX:EXCL

Rp25.6t

Sarana Menara Nusantara

IDX:TOWR

Rp53.5t

Tower Bersama Infrastructure

IDX:TBIG

Rp63.8t

Solusi Tunas Pratama

IDX:SUPR

Rp41.7t

Price History & Performance

Summary of all time highs, changes and price drops for Indosat
Historical stock prices
Current Share PriceRp6,250.00
52 Week HighRp8,300.00
52 Week LowRp5,000.00
Beta2.16
1 Month Change7.30%
3 Month Change18.48%
1 Year Change-0.40%
3 Year Change137.64%
5 Year Change1.21%
Change since IPO281.10%

Recent News & Updates

Shareholder Returns

ISATID Wireless TelecomID Market
7D-5.7%-0.6%-3.1%
1Y-0.4%-2.4%9.9%

Return vs Industry: ISAT exceeded the ID Wireless Telecom industry which returned -2.4% over the past year.

Return vs Market: ISAT underperformed the ID Market which returned 9.9% over the past year.

Price Volatility

Is ISAT's price volatile compared to industry and market?
ISAT volatility
ISAT Average Weekly Movement10.4%
Wireless Telecom Industry Average Movement4.4%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market3.1%

Stable Share Price: ISAT is more volatile than 75% of ID stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ISAT's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ID stocks.

About the Company

FoundedEmployeesCEOWebsite
19673,730Vikram Sinhahttps://indosatooredoo.com

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. It operates through three segments: Cellular; Fixed Telecommunications (Fixed); and Multimedia, Data Communications and Internet (MIDI). The company offers post-paid and prepaid products that include various data and mobile voice solutions on 2G, 3G, and 4G broadband cellular networks under the IM3 Ooredoo brand.

Indosat Fundamentals Summary

How do Indosat's earnings and revenue compare to its market cap?
ISAT fundamental statistics
Market CapRp50.39t
Earnings (TTM)Rp6.71t
Revenue (TTM)Rp34.92t

7.5x

P/E Ratio

1.4x

P/S Ratio

Is ISAT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ISAT income statement (TTM)
RevenueRp34.92t
Cost of RevenueRp14.44t
Gross ProfitRp20.47t
Other ExpensesRp13.77t
EarningsRp6.71t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)831.91
Gross Margin58.64%
Net Profit Margin19.21%
Debt/Equity Ratio76.8%

How did ISAT perform over the long term?

See historical performance and comparison

Dividends

14.7%

Current Dividend Yield

83%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ISAT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ISAT?

Other financial metrics that can be useful for relative valuation.

ISAT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.9x
Enterprise Value/EBITDA8.5x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

How does ISAT's PE Ratio compare to its peers?

ISAT PE Ratio vs Peers
The above table shows the PE ratio for ISAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average132.1x
EXCL XL Axiata
23.1x25.0%Rp25.6t
TOWR Sarana Menara Nusantara
15.3x8.7%Rp53.5t
TBIG Tower Bersama Infrastructure
37.6x11.5%Rp63.8t
SUPR Solusi Tunas Pratama
451.1xn/aRp41.7t
ISAT Indosat
7.5x11.6%Rp50.4t

Price-To-Earnings vs Peers: ISAT is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (132.1x).

Price to Earnings Ratio vs Industry

How does ISAT's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?

Price-To-Earnings vs Industry: ISAT is good value based on its Price-To-Earnings Ratio (7.5x) compared to the Asian Wireless Telecom industry average (19.4x)

Price to Earnings Ratio vs Fair Ratio

What is ISAT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ISAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.5x
Fair PE Ratio18.3x

Price-To-Earnings vs Fair Ratio: ISAT is good value based on its Price-To-Earnings Ratio (7.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).

Share Price vs Fair Value

What is the Fair Price of ISAT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ISAT (IDR6250) is trading below our estimate of fair value (IDR21568.75)

Significantly Below Fair Value: ISAT is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: ISAT is good value based on its PEG Ratio (0.6x)

Discover undervalued companies

Future Growth

How is Indosat forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

11.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ISAT's forecast earnings growth (11.6% per year) is above the savings rate (7%).

Earnings vs Market: ISAT's earnings (11.6% per year) are forecast to grow slower than the ID market (11.7% per year).

High Growth Earnings: ISAT's earnings are forecast to grow, but not significantly.

Revenue vs Market: ISAT's revenue (8.2% per year) is forecast to grow slower than the ID market (12% per year).

High Growth Revenue: ISAT's revenue (8.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ISAT's Return on Equity is forecast to be low in 3 years time (8.8%).

Discover growth companies

Past Performance

How has Indosat performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

46.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ISAT has a large one-off gain of IDR6,576.6B impacting its March 31 2022 financial results.

Growing Profit Margin: ISAT's current net profit margins (19.2%) are higher than last year (0.2%).

Past Earnings Growth Analysis

Earnings Trend: ISAT's earnings have grown significantly by 46.3% per year over the past 5 years.

Accelerating Growth: ISAT's earnings growth over the past year (10887.4%) exceeds its 5-year average (46.3% per year).

Earnings vs Industry: ISAT earnings growth over the past year (10887.4%) exceeded the Wireless Telecom industry 5.8%.

Return on Equity

High ROE: ISAT's Return on Equity (25.4%) is considered high.

Discover strong past performing companies

Financial Health

How is Indosat's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ISAT's short term assets (IDR13,480.1B) do not cover its short term liabilities (IDR34,694.0B).

Long Term Liabilities: ISAT's short term assets (IDR13,480.1B) do not cover its long term liabilities (IDR39,335.5B).

Debt to Equity History and Analysis

Debt Level: ISAT's net debt to equity ratio (62.5%) is considered high.

Reducing Debt: ISAT's debt to equity ratio has reduced from 134.4% to 76.8% over the past 5 years.

Debt Coverage: ISAT's debt is well covered by operating cash flow (56.6%).

Interest Coverage: ISAT's interest payments on its debt are not well covered by EBIT (1.3x coverage).

Balance Sheet

Discover healthy companies

Dividend

What is Indosat current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

14.72%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ISAT's dividend (14.72%) is higher than the bottom 25% of dividend payers in the ID market (1.11%).

High Dividend: ISAT's dividend (14.72%) is in the top 25% of dividend payers in the ID market (4.67%)

Stability and Growth of Payments

Stable Dividend: ISAT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ISAT's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.3%), ISAT's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (79%), ISAT's dividend payments are covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure

CEO

Vikram Sinha (47 yo)

no data

Tenure

Mr. Vikram Sinha has been Director since May 02, 2019 at PT Indosat Tbk. He serves as President Director & Chief Executive Officer at PT Indosat Tbk. He served as Chief Operating Officer since May 02, 2019...

Leadership Team

Experienced Management: ISAT's management team is considered experienced (2.5 years average tenure).

Board Members

Experienced Board: ISAT's board of directors are considered experienced (4.2 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 been diluted in the past year, with total shares outstanding growing by 48.4%.

Top Shareholders

Company Information

PT Indosat Tbk's employee growth, exchange listings and data sources

Key Information

  • Name: PT Indosat Tbk
  • Ticker: ISAT
  • Exchange: IDX
  • Founded: 1967
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: Rp50.392t
  • Shares outstanding: 8.06b
  • Website: https://indosatooredoo.com

Number of Employees

Location

  • PT Indosat Tbk
  • Jalan Medan Merdeka Barat No. 21
  • Jakarta
  • Jakarta Raya
  • 10110
  • Indonesia

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/07/04 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.