OTCPK:PTXK.Y

Stock Analysis Report

Executive Summary

PT XL Axiata Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.8%

PTXK.Y

2.4%

US Wireless Telecom

1.0%

US Market


1 Year Return

29.4%

PTXK.Y

4.8%

US Wireless Telecom

6.7%

US Market

Return vs Industry: PTXK.Y exceeded the US Wireless Telecom industry which returned 4.8% over the past year.

Return vs Market: PTXK.Y exceeded the US Market which returned 6.7% over the past year.


Share holder returns

PTXK.YIndustryMarket
7 Day-0.8%2.4%1.0%
30 Day3.0%-2.3%-1.8%
90 Day12.0%-6.2%-1.8%
1 Year29.4%29.4%6.1%4.8%9.1%6.7%
3 Year22.2%22.2%31.2%26.5%46.1%36.6%
5 Year-49.6%-49.6%52.9%39.0%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is XL Axiata undervalued based on future cash flows and its price relative to the stock market?

42%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: PTXK.Y ($4.84) is trading below our estimate of fair value ($8.41)

Significantly Undervalued: PTXK.Y is trading below fair value by more than 20%.


Price Based on Earnings

PE vs Industry: PTXK.Y is unprofitable, so we can't compare its PE Ratio to the Wireless Telecom industry average.

PE vs Market: PTXK.Y is unprofitable, so we can't compare its PE Ratio to the US market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate PTXK.Y's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: PTXK.Y is overvalued based on its PB Ratio (2x) compared to the US Wireless Telecom industry average (1.9x).


Next Steps

Future Growth

How is XL Axiata expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

35.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: PTXK.Y is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).

Earnings vs Market: PTXK.Y is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: PTXK.Y's loss is forecast to worsen by 0% next year.

Revenue vs Market: PTXK.Y's revenue (7.1% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: PTXK.Y's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: PTXK.Y's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has XL Axiata performed over the past 5 years?

-26.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PTXK.Y is unprofitable, and losses have increased over the past 5 years at a rate of -26.2% per year.

Accelerating Growth: Unable to compare PTXK.Y's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PTXK.Y is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (7.7%).


Return on Equity

High ROE: PTXK.Y has a negative Return on Equity (-15.72%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PTXK.Y is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PTXK.Y is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is XL Axiata's financial position?


Financial Position Analysis

Short Term Liabilities: PTXK.Y's short term assets (IDR6,562.9B) do not cover its short term liabilities (IDR15,981.4B)

Long Term Liabilities: PTXK.Y's short term assets (6,562.9B) do not cover its long term liabilities (23,735.9B)


Debt to Equity History and Analysis

Debt Level: PTXK.Y's debt to equity ratio (72.6%) is considered high

Reducing Debt: PTXK.Y's debt to equity ratio has reduced from 232.3% to 72.6% over the past 5 years.

Debt Coverage: PTXK.Y's debt is well covered by operating cash flow (88.7%).

Interest Coverage: PTXK.Y is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: PTXK.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: PTXK.Y's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

What is XL Axiata's current dividend yield, its reliability and sustainability?

1.48%

Expected Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage5.0%forecastin3Years1.5%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Dividend Coverage: PTXK.Y is not paying a notable dividend for .


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of XL Axiata's salary, the management and board of directors tenure and is there insider trading?

4.5yrs

Average management tenure


CEO

Dian Siswarini (50yo)

4.5yrs

Tenure

0

Ms. Dian Siswarini has been President Director and Chief Executive Officer of PT XL Axiata Tbk (also know as ExcelCom) since April 1, 2015 and served as is Vice President Director. Ms. Siswarini served as ...


Management Age and Tenure

4.5yrs

Average Tenure

46yo

Average Age

Experienced Management: PTXK.Y's management team is considered experienced (4.5 years average tenure).


Board Age and Tenure

4.0yrs

Average Tenure

52yo

Average Age

Experienced Board: PTXK.Y's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mohamed bin Ahmad Tajudin (48yo)

    CFO & Director

    • Tenure: 8.1yrs
  • Dian Siswarini (50yo)

    President Director & CEO

    • Tenure: 4.5yrs
  • Johnson Chan (48yo)

    Chief Strategic Partnership Officer

    • Tenure: 0yrs
  • Mohammed Ali (44yo)

    Chief Revenue Management Officer

    • Tenure: 4.2yrs
  • Indar Dhaliwal (31yo)

    Investor Relations Executive

    • Tenure: 4.6yrs
  • Feiruz Bin Abdul Malek (43yo)

    Vice President of Strategic Finance

    • Tenure: 4.4yrs
  • Dewie Pelitawati

    Senior General Manager of Legal

    • Tenure: 0yrs
  • Putri Lintang

    Head of Digital Svcs Mgmt

    • Tenure: 5.4yrs
  • Budi Harjono

    Vice President of Network Planning & Development

    • Tenure: 0yrs
  • Linda Susanty

    General Manager of Financial Accounting & Treasury

    • Tenure: 0yrs

Board Members

  • Peter Chambers (64yo)

    Commissioner

    • Tenure: 11.5yrs
  • Muliadi Rahardja (60yo)

    Independent Commissioner

    • Tenure: 2.2yrs
  • Jamaludin bin Ibrahim (60yo)

    Commissioner

    • Tenure: 11.3yrs
  • Mohamed bin Ahmad Tajudin (48yo)

    CFO & Director

    • Tenure: 8.1yrs
  • Muhammad Basri (54yo)

    President Commissioner

    • Tenure: 3.1yrs
  • Dian Siswarini (50yo)

    President Director & CEO

    • Tenure: 4.5yrs
  • Yasmin Stamboel Wirjawan (50yo)

    Independent Commissioner

    • Tenure: 8.5yrs
  • Allan Bonke (55yo)

    Director

    • Tenure: 2.2yrs
  • Yessie Yosetya (46yo)

    Independent Director

    • Tenure: 3.6yrs
  • Abhijit Navalekar (47yo)

    Director

    • Tenure: 2.2yrs

Company Information

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


Key Information

  • Name: PT XL Axiata Tbk
  • Ticker: PTXK.Y
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: Rp37.301t
  • Listing Market Cap: Rp2.645b
  • Shares outstanding: 10.69b
  • Website: https://www.xl.co.id

Number of Employees


Location

  • PT XL Axiata Tbk
  • XL Axiata Tower
  • Jl. HR Rasuna Said X5 Kav. 11 - 12
  • Jakarta Selatan
  • Jakarta Raya
  • 12950
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXCLIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRSep 2005
E5FDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2005
PTXK.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDMar 2012

Biography

PT XL Axiata Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company offers basic telephony services on cellular mobile ne ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:43
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.

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