Celcomdigi Berhad

KLSE:CDB Stock Report

Market Cap: RM 35.8b

Celcomdigi Berhad Management

Management criteria checks 1/4

Celcomdigi Berhad's CEO is Albern Murty, appointed in Sep 2025, has a tenure of less than a year. directly owns 0% of the company’s shares, worth MYR14.31K. The average tenure of the management team and the board of directors is 3.5 years and 1.3 years respectively.

Key information

Albern Murty

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.00004%
Management average tenure3.5yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

Narrative Update May 24

CDB: Stable Fair Value And Upcoming Dividend Will Shape Return Outlook

Analysts have kept their MYR fair value estimate for Celcomdigi Berhad steady at MYR2.80, citing only slight tweaks to underlying assumptions such as revenue growth, profit margin and forward P/E that did not justify a change in the overall price target. What's in the News Announced a first interim tax exempt single tier dividend of 3.4 sen per ordinary share for the financial year ending 31 December 2026, giving investors visibility on the next declared cash payout (Key Developments).
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...
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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.

CEO

Albern Murty (53 yo)

less than a year
Tenure

Mr. Albern A/L Murty is Chief Executive Officer at Celcomdigi Berhad (formerly known as Digi Com Berhad) from February 10, 2026 and served as its Acting Chief Executive Officer since September 1, 2025 unti...


Leadership Team

NamePositionTenureCompensationOwnership
Albern Murty
Chief Executive Officerless than a yearno data0.000040%
MYR 14.3k
Choon Hwee Chia
Chief Financial Officer1.4yrsno datano data
Kesavan Sivabalan
Chief Technology Officer3.5yrsno datano data
Christine Lau
Head of Investor Relationsno datano datano data
Cheng Hong
Chief Sales & Retail Officer5.8yrsno datano data
Azmi bin Ujang
Chief Human Resources Officer3.5yrsno datano data
Joachim Rajaram
Chief Corporate Affairs Officer8.3yrsno datano data
Kamal Bin Khalid
Chief Strategy3.5yrsno datano data
Chee Fun
Chief Home & Fibre Officer3.5yrsno datano data
Afizulazha Abdullah
Chief Enterprise Business Officer3.5yrsno datano data
Erik Axel Marell
Chief Strategy Officer3.5yrsno datano data
Kugan Thirunavakasaru
Chief Innovation Officer3.5yrsno datano data
3.5yrs
Average Tenure
57yo
Average Age

Experienced Management: CDB's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Azmil Bin Raja Abdul Aziz
Non Independent & Non Executive Chairman3.4yrsRM 549.35kno data
Vivek Sood
Non Independent & Non Executive Director3.4yrsno datano data
Irfan Ul Khan
Non-Independent Non-Executive Director1.2yrsno datano data
Rizal Bin Nik Ibrahim Kamil
Non Independent & Non Executive Director1.3yrsno datano data
Farina Binti Farikhullah Khan
Independent Non-Executive Directorless than a yearno datano data
Yam Tunku bin Raja Muhammad Alias
Independent Non-Executive Director1yrRM 200.28kno data
Khatijah Binti Shah Mohamed
Independent Non-Executive Director3.6yrsRM 416.42kno data
Rita Skjaervik
Non-Independent Non-Executive Director3.6yrsno datano data
Jon Revhaug
Non Independent Non Executive Deputy Chairman1.3yrsno datano data
1.3yrs
Average Tenure
56yo
Average Age

Experienced Board: CDB's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 07:32
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
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

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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 34 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.