OTCPK:PTIT.F

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Good value with questionable track record.


Similar Companies

Share Price & News

How has Indosat's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PTIT.F

-1.2%

US Wireless Telecom

-1.5%

US Market


1 Year Return

-5.0%

PTIT.F

28.9%

US Wireless Telecom

12.9%

US Market

Return vs Industry: PTIT.F underperformed the US Wireless Telecom industry which returned 28.9% over the past year.

Return vs Market: PTIT.F underperformed the US Market which returned 12.9% over the past year.


Shareholder returns

PTIT.FIndustryMarket
7 Day0%-1.2%-1.5%
30 Day0%-3.9%-1.8%
90 Dayn/a2.7%6.6%
1 Year-5.0%-5.0%29.4%28.9%15.4%12.9%
3 Yearn/a51.4%47.9%39.6%30.2%
5 Yearn/a121.4%111.2%93.4%71.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Indosat undervalued compared to its fair value and its price relative to the market?

7.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PTIT.F ($0.19) is trading above our estimate of fair value ($0.03)

Significantly Below Fair Value: PTIT.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PTIT.F is good value based on its PE Ratio (7.1x) compared to the US Wireless Telecom industry average (24.6x).

PE vs Market: PTIT.F is good value based on its PE Ratio (7.1x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: PTIT.F is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: PTIT.F is good value based on its PB Ratio (0.9x) compared to the US Wireless Telecom industry average (2.5x).


Next Steps

Future Growth

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

18.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTIT.F's forecast earnings growth (18.1% per year) is above the savings rate (2.2%).

Earnings vs Market: PTIT.F's earnings (18.1% per year) are forecast to grow slower than the US market (23.1% per year).

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

Revenue vs Market: PTIT.F's revenue (5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: PTIT.F's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTIT.F is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Indosat performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTIT.F has a large one-off gain of IDR2,589.7B impacting its June 30 2020 financial results.

Growing Profit Margin: PTIT.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PTIT.F has become profitable over the past 5 years, growing earnings by 10.8% per year.

Accelerating Growth: PTIT.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PTIT.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (14.3%).


Return on Equity

High ROE: PTIT.F's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is Indosat's financial position?


Financial Position Analysis

Short Term Liabilities: PTIT.F's short term assets (IDR11,084.8B) do not cover its short term liabilities (IDR20,565.5B).

Long Term Liabilities: PTIT.F's short term assets (IDR11,084.8B) do not cover its long term liabilities (IDR27,128.0B).


Debt to Equity History and Analysis

Debt Level: PTIT.F's debt to equity ratio (143%) is considered high.

Reducing Debt: PTIT.F's debt to equity ratio has reduced from 207.5% to 143% over the past 5 years.

Debt Coverage: PTIT.F's debt is well covered by operating cash flow (55.7%).

Interest Coverage: PTIT.F's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Next Steps

Dividend

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

0.077%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PTIT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PTIT.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PTIT.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PTIT.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PTIT.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 PTIT.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?

1.1yrs

Average management tenure


CEO

Ahmad Abdulaziz A. Al-Neama (39 yo)

1.08yrs

Tenure

Mr. Ahmad Abdulaziz A. A. Al-Neama has been President Director and Chief Executive Officer of PT Indosat Tbk since August 1, 2019. Mr. Al-Neama served as Commissioner of PT Indosat Tbk since 2017 until Aug ...


Leadership Team

NamePositionTenureCompensationOwnership
Ahmad Abdulaziz A. Al-Neama
President Director & CEO1.08yrsno datano data
Eyas Naif Assaf
CFO & Director1.92yrsno datano data
Vikram Sinha
COO & Director1.33yrsno datano data
Medhat ElHusseiny
Chief Technology & Information Officer0.33yrno datano data
Christy Kusumaatmaja
Head of Investor Relations2.17yrsno datano data
Turina Farouk
Senior VP & Head of Corporate Communicationsno datano datano data
Ritesh Singh
Chief Marketing Officer1.17yrsno datano data
Bayu Hanantasena
Chief Business Officer0.67yrno datano data
Arya Suryawan
Division Head Fund & Risk Managementno datano datano data
Arief Musta'in
Chief Strategy & Innovation Officer and Director1.92yrsno datano data
Mohammed Lodhi
Chief Internal Audit Officer0.92yrno datano data
Gilang Hermawan
Corporate Secretary2yrsno datano data

1.1yrs

Average Tenure

46.5yo

Average Age

Experienced Management: PTIT.F's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ahmad Abdulaziz A. Al-Neama
President Director & CEO1.08yrsno datano data
Eyas Naif Assaf
CFO & Director1.92yrsno datano data
Vikram Sinha
COO & Director1.33yrsno datano data
Arief Musta'in
Chief Strategy & Innovation Officer and Director1.92yrsno datano data
Elisa Lumbantoruan
Independent Commissioner5.25yrsno datano data
Wijayanto Samirin
Independent Commissioner5.67yrsno datano data
Heru Pambudi
Commissioner3.33yrsno datano data
Syed Quader
Independent Commissioner4.08yrsno datano data
Irsyad Sahroni
Independent Director2.33yrsno datano data
Andrew Tor Kvalseth
Commissioner1.92yrsno datano data
Afini Boer
Commissioner1.33yrsno datano data
Mohammed bin Bin Mohammed Al Thani
President Commissioner0.17yrno datano data

1.9yrs

Average Tenure

49yo

Average Age

Experienced Board: PTIT.F's board of directors are not considered experienced ( 1.9 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

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


Key Information

  • Name: PT Indosat Tbk
  • Ticker: PTIT.F
  • Exchange: OTCPK
  • Founded: 1967
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: Rp11.031t
  • Listing Market Cap: Rp744.827m
  • Shares outstanding: 5.43b
  • Website: https://indosatooredoo.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTIT.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDDec 1994
ISATIDX (Indonesia Stock Exchange)YesSeries B SharesIDIDRDec 1994
IDO1DB (Deutsche Boerse AG)YesSeries B SharesDEEURDec 1994

Biography

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. It operates through three segments: Cellular; Fixed Telecommunications (Fixed); and Multimedia, Data Commun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 06:33
End of Day Share Price2020/08/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.