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Celcomdigi BerhadKLSE:CDB Stock Report

Market Cap RM 35.5b
Share Price
RM 3.03
RM 3.93
22.9% undervalued intrinsic discount
1Y-22.1%
7D1.0%
Portfolio Value
View

Celcomdigi Berhad

KLSE:CDB Stock Report

Market Cap: RM 35.5b

Celcomdigi Berhad (CDB) Stock Overview

An investment holding company, provides mobile communication services and related products in Malaysia. More details

CDB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends2/6

CDB Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Celcomdigi Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Celcomdigi Berhad
Historical stock prices
Current Share PriceRM 3.03
52 Week HighRM 4.00
52 Week LowRM 2.90
Beta0.24
1 Month Change-0.33%
3 Month Change-4.42%
1 Year Change-22.11%
3 Year Change-32.37%
5 Year Change-27.86%
Change since IPO604.65%

Recent News & Updates

Narrative Update May 06

CDB: Softer Margins And Modest EBIT Outlook Will Pressure Future Returns

Analysts have trimmed their fair value estimate for Celcomdigi Berhad from MYR3.10 to MYR2.80 as they factor in updated assumptions around slightly softer revenue growth, lower profit margins, a marginally adjusted discount rate, and a broadly steady forward P/E multiple. What's in the News Celcomdigi Berhad issued earnings guidance for fiscal 2026, indicating it expects EBIT to show low single digit growth for the year (Corporate guidance).
Narrative Update Apr 21

CDB: New CEO Appointment And Unified Distribution Platform Will Support Future Upside

Analysts have nudged their price target for Celcomdigi Berhad slightly higher to MYR4.92, citing updated assumptions around fair value, revenue, profit margins and future P/E multiples. What's in the News Company issued earnings guidance for fiscal 2026, indicating expectations for EBIT to show low single digit growth.
Narrative Update Apr 07

CDB: New CEO Leadership And Unified Digital Platform Will Support Future Upside

Analysts have nudged their price target on Celcomdigi Berhad slightly lower to reflect a modest adjustment in the implied future P/E to about 27.26x, while keeping fair value broadly steady around MYR4.92, as updated revenue growth and profit margin inputs remain close to prior estimates. What's in the News Company issued earnings guidance for fiscal 2026, indicating expectations for EBIT to show low single digit growth.
Narrative Update Mar 24

CDB: New CEO Appointment And Digital Platform Integration Will Support Future Upside

Analysts have slightly reduced their fair value estimate for Celcomdigi Berhad to MYR4.92 from MYR4.93, reflecting updated assumptions around revenue growth, profit margins and future P/E levels. What's in the News Celcomdigi issued earnings guidance for fiscal 2026, indicating expectations for EBIT to record low single digit growth.

Recent updates

Narrative Update May 06

CDB: Softer Margins And Modest EBIT Outlook Will Pressure Future Returns

Analysts have trimmed their fair value estimate for Celcomdigi Berhad from MYR3.10 to MYR2.80 as they factor in updated assumptions around slightly softer revenue growth, lower profit margins, a marginally adjusted discount rate, and a broadly steady forward P/E multiple. What's in the News Celcomdigi Berhad issued earnings guidance for fiscal 2026, indicating it expects EBIT to show low single digit growth for the year (Corporate guidance).
Narrative Update Apr 21

CDB: New CEO Appointment And Unified Distribution Platform Will Support Future Upside

Analysts have nudged their price target for Celcomdigi Berhad slightly higher to MYR4.92, citing updated assumptions around fair value, revenue, profit margins and future P/E multiples. What's in the News Company issued earnings guidance for fiscal 2026, indicating expectations for EBIT to show low single digit growth.
Narrative Update Apr 07

CDB: New CEO Leadership And Unified Digital Platform Will Support Future Upside

Analysts have nudged their price target on Celcomdigi Berhad slightly lower to reflect a modest adjustment in the implied future P/E to about 27.26x, while keeping fair value broadly steady around MYR4.92, as updated revenue growth and profit margin inputs remain close to prior estimates. What's in the News Company issued earnings guidance for fiscal 2026, indicating expectations for EBIT to show low single digit growth.
Narrative Update Mar 24

CDB: New CEO Appointment And Digital Platform Integration Will Support Future Upside

Analysts have slightly reduced their fair value estimate for Celcomdigi Berhad to MYR4.92 from MYR4.93, reflecting updated assumptions around revenue growth, profit margins and future P/E levels. What's in the News Celcomdigi issued earnings guidance for fiscal 2026, indicating expectations for EBIT to record low single digit growth.
Narrative Update Mar 10

CDB: New CEO And Digital Platform Integration Will Support Future Upside

Analysts have lifted their price target for Celcomdigi Berhad by MYR0.00 to reflect slightly higher revenue growth assumptions of 3.61% and a modestly stronger profit margin expectation of 18.44%, while keeping the discount rate and future P/E broadly in line with previous estimates. What's in the News The company issued earnings guidance for fiscal 2026, indicating EBIT is expected to see low single digit growth (Corporate guidance).
Narrative Update Feb 22

CDB: Long Dated Spectrum And New CEO Will Support Future Upside

Analysts have trimmed their price target for Celcomdigi Berhad to MYR4.93 from MYR5.12 as they factor in updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News Company issues earnings guidance for fiscal 2026, indicating expectations for low single digit EBIT growth for the year (Corporate guidance).
Analysis Article Feb 13

Celcomdigi Berhad Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Celcomdigi Berhad ( KLSE:CDB ) last week reported its latest yearly results, which makes it a good time for investors...
Narrative Update Feb 08

CDB: Future Spectrum Access And Dividends Will Support Long Term Upside

Analysts have slightly revised their fair value estimate for Celcomdigi Berhad from RM3.94 to RM3.93, reflecting marginally lower assumptions for revenue growth, profit margin and future P/E, partially offset by a modestly reduced discount rate. What's in the News Comviva launched a next generation Digital Distribution Management System for CelcomDigi, consolidating multiple legacy systems into a single platform that supports mission critical sales and distribution processes across online, direct, and indirect channels, with integrations across roughly 300 touchpoints and tens of thousands of partners, outlets, and users (Client Announcements).
Narrative Update Jan 23

CDB: Future Spectrum Assignments And Dividends Will Support Long Term Upside

Analysts have lifted their price target for Celcomdigi Berhad to RM3.94 from RM3.94, citing updated assumptions that include slightly higher projected revenue growth and a marginally lower profit margin while keeping the future P/E broadly unchanged. What's in the News CelcomDigi and its wholly owned subsidiaries accepted spectrum assignments from the Malaysian Communications and Multimedia Commission for 2x5MHz in the 1,800MHz band and 2x20MHz in the 2,600MHz band, effective from 30 November 2025 (Key Developments).
Narrative Update Jan 08

CDB: Long Dated Spectrum Assignments Will Support Stronger Future Upside

Analysts have nudged their fair value estimate for Celcomdigi Berhad higher from RM5.01 to about RM5.12. This reflects updated assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple in their models.
Analysis Article Jan 05

Is There An Opportunity With Celcomdigi Berhad's (KLSE:CDB) 38% Undervaluation?

Key Insights The projected fair value for Celcomdigi Berhad is RM5.25 based on 2 Stage Free Cash Flow to Equity Current...
Narrative Update Dec 17

CDB: Future Spectrum Capacity And Dividends Will Support Stronger Long Term Share Price

Analysts have slightly lowered their price target for Celcomdigi Berhad, trimming fair value from MYR 3.98 to MYR 3.94 as they factor in modestly softer revenue growth expectations, partly offset by improving profit margin forecasts and a lower implied future P/E multiple. What's in the News Accepted long term spectrum assignments from the Malaysian Communications and Multimedia Commission for 2x5MHz in the 1800MHz band and 2x20MHz in the 2600MHz band, effective from 30 November 2025 and running to June 2032 and June 2027 respectively (company announcement) Committed MYR 292.5 million in upfront price component payments to the MCMC for the new spectrum and cumulative annual payments totaling MYR 120 million over the assignment periods, supporting network capacity and service quality (company announcement) Declared a third interim tax exempt single tier dividend of 3.6 sen per ordinary share for the financial year ending 31 December 2025, with ex dividend date on 9 December 2025, lodgment date on 10 December 2025, and payment date on 23 December 2025 (company announcement) Valuation Changes Fair Value: Trimmed slightly from MYR 3.98 to MYR 3.94, reflecting a marginally more conservative valuation.
Analysis Article Dec 12

Celcomdigi Berhad's (KLSE:CDB) Share Price Matching Investor Opinion

Celcomdigi Berhad's ( KLSE:CDB ) price-to-earnings (or "P/E") ratio of 29.3x might make it look like a strong sell...
Narrative Update Dec 03

CDB: Future Spectrum Capacity Will Support Stronger Long Term Share Price

Analysts have nudged their price target for Celcomdigi Berhad slightly higher to approximately RM3.98 from RM3.98, citing a modest improvement in long term valuation multiples despite marginal trims to revenue growth and profit margin assumptions. What's in the News Accepted new spectrum assignments from the Malaysian Communications and Multimedia Commission for 2x5MHz in the 1800MHz band and 2x20MHz in the 2600MHz band, effective 30 November 2025, to support network capacity and service quality (MCMC assignment).
Narrative Update Nov 19

CDB: Increased Revenue Growth and Future Earnings Will Drive Share Price Higher

Analysts have slightly reduced their price target for Celcomdigi Berhad from RM3.99 to RM3.98. This reflects modest adjustments in projected discount rates, revenue growth, and profit margins.
Analysis Article Oct 29

We Think Celcomdigi Berhad (KLSE:CDB) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Oct 09

Completion Of Network Integration Will Boost Operational Efficiency And Service Quality

Analysts have revised their fair value estimate for Celcomdigi Berhad slightly downward from RM4.01 to RM3.99, citing modest decreases in projected revenue growth despite steady margins and profit expectations. What's in the News Mr. Albern Murty, Deputy Chief Executive Officer, will assume the additional role of Acting Chief Executive Officer effective 1 September 2025.
Analysis Article Oct 02

Celcomdigi Berhad's (KLSE:CDB) Intrinsic Value Is Potentially 28% Above Its Share Price

Key Insights Celcomdigi Berhad's estimated fair value is RM4.72 based on 2 Stage Free Cash Flow to Equity Celcomdigi...
Analysis Article Aug 13

With Celcomdigi Berhad (KLSE:CDB) It Looks Like You'll Get What You Pay For

KLSE:CDB 1 Year Share Price vs Fair Value Explore Celcomdigi Berhad's Fair Values from the Community and select yours...
Analysis Article Jul 22

Is Celcomdigi Berhad (KLSE:CDB) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 25

Celcomdigi Berhad (KLSE:CDB) Is Due To Pay A Dividend Of MYR0.037

The board of Celcomdigi Berhad ( KLSE:CDB ) has announced that it will pay a dividend of MYR0.037 per share on the 30th...
Analysis Article May 10

Celcomdigi Berhad's (KLSE:CDB) P/E Still Appears To Be Reasonable

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider...
User avatar
New Narrative Feb 09

Commitment To Sustainable Dividend Policy Signals Strong Future Cash Flow Management

Strong growth in key segments and successful integration from the merger could drive revenue growth and improve net margins.

Shareholder Returns

CDBMY Wireless TelecomMY Market
7D1.0%1.1%1.3%
1Y-22.1%-10.4%11.7%

Return vs Industry: CDB underperformed the MY Wireless Telecom industry which returned -10.4% over the past year.

Return vs Market: CDB underperformed the MY Market which returned 11.7% over the past year.

Price Volatility

Is CDB's price volatile compared to industry and market?
CDB volatility
CDB Average Weekly Movement3.1%
Wireless Telecom Industry Average Movement4.0%
Market Average Movement5.9%
10% most volatile stocks in MY Market12.0%
10% least volatile stocks in MY Market2.8%

Stable Share Price: CDB has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: CDB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19952,703Albern Murtywww.celcomdigi.com

Celcomdigi Berhad, an investment holding company, provides mobile communication services and related products in Malaysia. It engages in the establishment, maintenance, and provision of telecommunication and related services; trading and distribution of communication devices and related products; managing retail stores; and fibre optic transmission network and property investment activities. The company also offers e-commerce, and digital services and solutions; telecommunication infrastructure services; cybersecurity, networking, information, and communication solutions; business management and integration systems; and strategic and business development, management, and administrative support services.

Celcomdigi Berhad Fundamentals Summary

How do Celcomdigi Berhad's earnings and revenue compare to its market cap?
CDB fundamental statistics
Market capRM 35.55b
Earnings (TTM)RM 1.51b
Revenue (TTM)RM 13.03b
23.5x
P/E Ratio
2.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDB income statement (TTM)
RevenueRM 13.03b
Cost of RevenueRM 4.86b
Gross ProfitRM 8.17b
Other ExpensesRM 6.66b
EarningsRM 1.51b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin62.71%
Net Profit Margin11.62%
Debt/Equity Ratio61.8%

How did CDB perform over the long term?

See historical performance and comparison

Dividends

4.9%
Current Dividend Yield
114%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 19:47
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Celcomdigi Berhad is covered by 32 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee ChowAffin Hwang Investment Bank
Anand RamachandranBarclays
Yi Ching LowBerjaya Securities Sdn Bhd.