OTCPK:MYTE.F

Stock Analysis Report

Telekom Malaysia Berhad

Executive Summary

Telekom Malaysia Berhad engages in the establishment, maintenance, and provision of telecommunications and related services in Malaysia and internationally.


Snowflake Analysis

Mediocre balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Telekom Malaysia Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MYTE.F

-0.2%

US Telecom

0.9%

US Market


1 Year Return

n/a

MYTE.F

14.9%

US Telecom

20.0%

US Market

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

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


Shareholder returns

MYTE.FIndustryMarket
7 Day0%-0.2%0.9%
30 Day-6.5%-1.1%1.4%
90 Dayn/a1.0%8.8%
1 Yearn/a20.5%14.9%22.5%20.0%
3 Yearn/a17.9%0.7%49.9%40.3%
5 Yearn/a39.8%8.4%73.2%54.1%

Price Volatility Vs. Market

How volatile is Telekom Malaysia Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Telekom Malaysia Berhad undervalued compared to its fair value and its price relative to the market?

32.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MYTE.F ($0.86) is trading below our estimate of fair value ($1.28)

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


Price To Earnings Ratio

PE vs Industry: MYTE.F is poor value based on its PE Ratio (19.2x) compared to the Telecom industry average (18.2x).

PE vs Market: MYTE.F is poor value based on its PE Ratio (19.2x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: MYTE.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MYTE.F is overvalued based on its PB Ratio (2x) compared to the US Telecom industry average (1.5x).


Next Steps

Future Growth

How is Telekom Malaysia Berhad forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

-2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MYTE.F's earnings are forecast to decline over the next 3 years (-2.1% per year).

Earnings vs Market: MYTE.F's earnings are forecast to decline over the next 3 years (-2.1% per year).

High Growth Earnings: MYTE.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MYTE.F's revenue (0.4% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: MYTE.F's revenue (0.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MYTE.F's Return on Equity is forecast to be low in 3 years time (10.4%).


Next Steps

Past Performance

How has Telekom Malaysia Berhad performed over the past 5 years?

-12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MYTE.F has a large one-off loss of MYR1.3B impacting its September 30 2019 financial results.

Growing Profit Margin: MYTE.F's current net profit margins (6.6%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: MYTE.F's earnings have declined by -12% per year over the past 5 years.

Accelerating Growth: MYTE.F's earnings growth over the past year (109%) exceeds its 5-year average (-12% per year).

Earnings vs Industry: MYTE.F earnings growth over the past year (109%) exceeded the Telecom industry -23.8%.


Return on Equity

High ROE: MYTE.F's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Telekom Malaysia Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: MYTE.F's short term assets (MYR7.9B) exceed its short term liabilities (MYR5.1B).

Long Term Liabilities: MYTE.F's short term assets (MYR7.9B) do not cover its long term liabilities (MYR13.4B).


Debt to Equity History and Analysis

Debt Level: MYTE.F's debt to equity ratio (130.9%) is considered high.

Reducing Debt: MYTE.F's debt to equity ratio has increased from 77.6% to 130.9% over the past 5 years.

Debt Coverage: MYTE.F's debt is well covered by operating cash flow (39.7%).

Interest Coverage: MYTE.F's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet

Inventory Level: MYTE.F has a high level of physical assets or inventory.

Debt Coverage by Assets: MYTE.F's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is Telekom Malaysia Berhad's current dividend yield, its reliability and sustainability?

0.52%

Current Dividend Yield


Dividend Yield vs Market

company0.5%marketbottom25%1.4%markettop25%3.7%industryaverage4.9%forecastin3Years3.2%

Current dividend yield vs market & industry

Notable Dividend: MYTE.F's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: MYTE.F's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

Stable Dividend: MYTE.F is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: MYTE.F is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MYTE.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MYTE.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Noor Kamarul Nuruddin (60yo)

0.7yrs

Tenure

Mr. Noor Kamarul Anuar Nuruddin has been the Managing Director, Group Chief Executive Officer and Executive Director at Telekom Malaysia Berhad since June 13, Mr. Nuruddin served as Chief Special Project  ...


Leadership Team

NamePositionTenureCompensationOwnership
Noor Kamarul Nuruddin
MD, CEO & Executive Director0.7yrsno data0.0045% MYR157.3k
Razidan bin Ghazalli
Chief Financial Officer0.3yrsno datano data
Rohaila Basir
GM of Corporate Finance & Investor Relations & Head of Investor Relations2.6yrsno datano data
Rizani bin Hassan
Chief Legal0.08yrsno datano data
Izlyn Ramli
Vice President of Group Brand & Communications5.7yrsno datano data
Mohd Farid Mohd Basir
Chief Human Capital Officer1.3yrsno datano data
Kairul Mohamed Zamzam
Chief Strategy Officer11yrsno datano data
Ahmad Ismail
Chief Corporate & Regulatory officer9.3yrsno datano data
Azizi Hadi
Executive Vice President of TM One8.7yrsno datano data
Hazimi Bin Kassim
Chief Internal Auditor8.3yrsno datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Management: MYTE.F's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Noor Kamarul Nuruddin
MD, CEO & Executive Director0.7yrsno data0.0045% MYR157.3k
Siew Gee
Independent Non Executive Director5.9yrsRM326.93kno data
Ibrahim Bin Marsidi
Independent Non Executive Director0.7yrsRM205.58kno data
Rosli Bin Man
Non-Independent & Non-Executive Chairman1.2yrsRM35.07k0.00010% MYR3.5k
Zalekha Binti Hassan
Senior Independent & Non-Executive Director1yrsRM399.97kno data
Farid Bin Mohamed Sani
Non-Independent & Non-Executive Director0yrsRM10.20kno data
Y. M. Tunku Binti Tunku A. Malek
Independent Non-Executive Director3.8yrsRM439.00kno data
Asri Bin Hamidin
Non Independent & Non Executive Director1.3yrsRM77.59kno data
Balasingham Namasiwayam
Independent & Non-Executive Director3.8yrsRM608.62k0.00043% MYR15.0k
Hisham Bin Mokhtar
Independent Non-Executive Director1.3yrsRM77.62kno data

1.3yrs

Average Tenure

62.5yo

Average Age

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


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

Telekom Malaysia Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Telekom Malaysia Berhad
  • Ticker: MYTE.F
  • Exchange: OTCPK
  • Founded: 1946
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: RM14.460b
  • Listing Market Cap: RM3.488b
  • Shares outstanding: 3.77b
  • Website: https://www.tm.com.my

Number of Employees


Location

  • Telekom Malaysia Berhad
  • Menara TM
  • Level 51
  • Kuala Lumpur
  • 50672
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TMKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJan 1992
MYTE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992

Biography

Telekom Malaysia Berhad engages in the establishment, maintenance, and provision of telecommunications and related services in Malaysia and internationally. It operates through unifi, TM ONE, TM GLOBAL, and Shared Services/Others segments. The company offers a suite of communication services and solutions in fixed telephony and broadband, mobility, content, Wi-Fi, and smart services. It also provides network connectivity and bandwidth; project management; fiber optic transmission network; managed network, and value added telecommunication and information technology; information and communications technology; cloud consumption; and transmission of voice and data services, as well as develops and sells software products. In addition, the company engages in the provision of research and development activities in the areas of communications, hi-tech applications, and products and services in related business; management of customer care services; trading of customer premises telecommunication equipment; property development activities; and content and application development for Internet services. Further, it provides printed and online telephone directories; multi-platform solutions for advertising; broadband network infrastructure facilities and services; and managed network, network system integration, network centric, integrated security management system, fleet management, and smart building services, as well as training and related services. Additionally, the company develops, operates, and provides intelligent building systems and security, integrated telecommunications, and information technology solutions; and provides managed contact center, information technology, and application services, as well as manages and administers multimedia university. It serves approximately 2.5 million broadband customers, including approximately 1.3 million unifi customers. The company was founded in 1946 and is headquartered in Kuala Lumpur, Malaysia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 00:19
End of Day Share Price2020/02/10 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.