How does FREN.F's PS Ratio compare to its peers?

FREN.F is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (1.4x).

How does FREN.F's PS Ratio compare vs other companies in the US Wireless Telecom Industry?

FREN.F is good value based on its Price-To-Sales Ratio (1.3x) compared to the Global Wireless Telecom industry average (1.4x).

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

Insufficient data to calculate FREN.F's Price-To-Sales Fair Ratio for valuation analysis.

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

FREN.F ($0.01) is trading above our estimate of [[fair value]] ($0.01)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FREN.F Stock Overview

Provides telecommunication services to individuals and businesses in Indonesia. More details

FREN.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

PT Smartfren Telecom Tbk Competitors

Gogo

NasdaqGS:GOGO

US$948.4m

Spok Holdings

NasdaqGS:SPOK

US$323.5m

VEON

NasdaqCM:VEON

US$2.8b

Telephone and Data Systems

NYSE:TDS

US$3.9b

Price History & Performance

Summary of share price highs, lows and changes for Smartfren Telecom
Historical stock prices
Current Share Price	Rp0.012
52 Week High	Rp0.012
52 Week Low	Rp0.012
Beta	1.01
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-59.67%

Recent updates

Shareholder Returns

	FREN.F	US Wireless Telecom	US Market
7D	0%	-3.7%	-2.7%
1Y	n/a	42.3%	23.4%

Return vs Industry: Insufficient data to determine how FREN.F performed against the US Wireless Telecom industry.

Return vs Market: Insufficient data to determine how FREN.F performed against the US Market.

Price Volatility

Is FREN.F's price volatile compared to industry and market?
FREN.F volatility
FREN.F Average Weekly Movement	n/a
Wireless Telecom Industry Average Movement	6.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: FREN.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FREN.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2002	1,805	Merza Fachys	www.smartfren.com

PT Smartfren Telecom Tbk, together with its subsidiaries, provides telecommunication services to individuals and businesses in Indonesia. It installs, constructs, maintains, repairs, and operates telecommunication network and services; trades telecommunication goods, equipment, and/or products, and computer hardware and other equipment; operates website; processes and tabulates data; develops e-commerce; and offers payment services and implementation of payment system infrastructure, as well as other supporting services. The company also provides connectivity solutions, such as corporate plan, MIFI data plan, Wibox data plan, bulk data plan, device bundling, fixed line internet, and networking; unified conferencing and unified communication; unified messaging; web builder service for marketing dan productivity office 365 package; ICT services and Bizcloud; and internet of things solution comprising TREK, Vision+, and ThingSpark.

PT Smartfren Telecom Tbk Fundamentals Summary

How do Smartfren Telecom's earnings and revenue compare to its market cap?
FREN.F fundamental statistics
Market cap	US$951.93m
Earnings (TTM)	-US$2.54m
Revenue (TTM)	US$751.53m

1.3x

P/S Ratio

-374.3x

P/E Ratio

Is FREN.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FREN.F income statement (TTM)
Revenue	Rp11.67t
Cost of Revenue	Rp4.56t
Gross Profit	Rp7.10t
Other Expenses	Rp7.14t
Earnings	-Rp39.49b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.083
Gross Margin	60.88%
Net Profit Margin	-0.34%
Debt/Equity Ratio	32.7%

How did FREN.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/03 07:22
End of Day Share Price	2024/06/06 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

PT Smartfren Telecom Tbk is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Aurelia Barus	CGS International
Colin McCallum	Credit Suisse
Etta Rusdiana Putra	Maybank Research Pte. Ltd.

Smartfren Telecom OTCPK:FREN.F Stock Report