Duyuru • Apr 16
ADN Telecom Limited to Report Q3, 2026 Results on Apr 29, 2026 ADN Telecom Limited announced that they will report Q3, 2026 results on Apr 29, 2026 Duyuru • Jan 15
ADN Telecom Limited to Report Q2, 2026 Results on Jan 21, 2026 ADN Telecom Limited announced that they will report Q2, 2026 results on Jan 21, 2026 Duyuru • Oct 29
ADN Telecom Limited announces Annual dividend, payable on January 14, 2026 ADN Telecom Limited announced Annual dividend of BDT 1.0000 per share payable on January 14, 2026, ex-date on November 18, 2025 and record date on November 17, 2025. Duyuru • Oct 28
ADN Telecom Limited, Annual General Meeting, Dec 15, 2025 ADN Telecom Limited, Annual General Meeting, Dec 15, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system in combination of physical presence, at la vita hall, lakeshore grand, house: 46, road: 41, gulshan 2, dhaka-1212, Bangladesh Duyuru • Apr 21
ADN Telecom Limited to Report Q3, 2025 Results on Apr 28, 2025 ADN Telecom Limited announced that they will report Q3, 2025 results on Apr 28, 2025 Duyuru • Jan 22
ADN Telecom Limited to Report Q2, 2025 Results on Jan 30, 2025 ADN Telecom Limited announced that they will report Q2, 2025 results on Jan 30, 2025 New Risk • Nov 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (৳5.43b market cap, or US$45.3m). Upcoming Dividend • Nov 11
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 19 January 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Bangladeshi dividend payers (4.5%). Lower than average of industry peers (2.8%). Duyuru • Oct 28
ADN Telecom Limited, Annual General Meeting, Dec 18, 2024 ADN Telecom Limited, Annual General Meeting, Dec 18, 2024, at 11:00 Central Asia Standard Time. Location: hybrid system in combination of physical presence, at la vita hall, lakeshore grand, house: 46, road, 41, gulshan 2, dhaka-1212, Bangladesh Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳98.70, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 31x in the Telecom industry in Bangladesh. Total returns to shareholders of 43% over the past three years. New Risk • Sep 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (৳6.38b market cap, or US$53.2m). Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳93.50, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 32x in the Telecom industry in Bangladesh. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳99.10, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 29x in the Telecom industry in Bangladesh. Total returns to shareholders of 108% over the past three years. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: ৳0.50 (vs ৳1.02 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.50 (down from ৳1.02 in 3Q 2023). Revenue: ৳376.9m (up 11% from 3Q 2023). Net income: ৳32.8m (down 50% from 3Q 2023). Profit margin: 8.7% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (৳7.33b market cap, or US$66.8m). Duyuru • Apr 26
ADN Telecom Limited to Report Q3, 2024 Results on Apr 29, 2024 ADN Telecom Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 05
Second quarter 2024 earnings released: EPS: ৳0.60 (vs ৳1.00 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.60 (down from ৳1.00 in 2Q 2023). Revenue: ৳350.2m (up 4.9% from 2Q 2023). Net income: ৳39.8m (down 38% from 2Q 2023). Profit margin: 11% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 24
ADN Telecom Limited to Report Q2, 2023 Results on Jan 29, 2024 ADN Telecom Limited announced that they will report Q2, 2023 results on Jan 29, 2024 New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 20x cash flows per share). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (৳7.89b market cap, or US$71.9m). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳97.00, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Telecom industry in Bangladesh. Total returns to shareholders of 110% over the past three years. Reported Earnings • Nov 11
First quarter 2024 earnings released: EPS: ৳0.69 (vs ৳1.01 in 1Q 2023) First quarter 2024 results: EPS: ৳0.69 (down from ৳1.01 in 1Q 2023). Revenue: ৳298.8m (down 10.0% from 1Q 2023). Net income: ৳45.0m (down 31% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Oct 22
Upcoming dividend of ৳1.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 29 October 2023. Payment date: 03 January 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (2.1%). Duyuru • Oct 07
ADN Telecom Limited, Annual General Meeting, Dec 04, 2023 ADN Telecom Limited, Annual General Meeting, Dec 04, 2023, at 11:00 Bangladesh Standard Time. Duyuru • Sep 27
ADN Telecom Limited to Report Q4, 2023 Results on Oct 04, 2023 ADN Telecom Limited announced that they will report Q4, 2023 results on Oct 04, 2023 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳143, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 27x in the Telecom industry in Bangladesh. Total returns to shareholders of 373% over the past three years. Reported Earnings • May 03
Third quarter 2023 earnings released: EPS: ৳1.02 (vs ৳0.54 in 3Q 2022) Third quarter 2023 results: EPS: ৳1.02 (up from ৳0.54 in 3Q 2022). Revenue: ৳339.3m (up 35% from 3Q 2022). Net income: ৳65.9m (up 89% from 3Q 2022). Profit margin: 19% (up from 14% in 3Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ৳141, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 24x in the Telecom industry in Bangladesh. Total returns to shareholders of 271% over the past three years. Reported Earnings • Jan 28
Second quarter 2023 earnings released: EPS: ৳1.00 (vs ৳0.60 in 2Q 2022) Second quarter 2023 results: EPS: ৳1.00 (up from ৳0.60 in 2Q 2022). Revenue: ৳336.9m (up 22% from 2Q 2022). Net income: ৳64.2m (up 65% from 2Q 2022). Profit margin: 19% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 15% share price gain to ৳114, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 25x in the Telecom industry in Bangladesh. Total returns to shareholders of 99% over the past year. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: ৳0.54 (vs ৳0.56 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.54 (down from ৳0.56 in 3Q 2021). Revenue: ৳251.6m (down 2.0% from 3Q 2021). Net income: ৳34.8m (down 3.6% from 3Q 2021). Profit margin: 14% (in line with 3Q 2021). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Khondkar Atioue-E-Rabbani was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 25% share price gain to ৳144, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 28x in the Telecom industry in Bangladesh. Total returns to shareholders of 151% over the past year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to ৳84.70, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 27x in the Telecom industry in Bangladesh. Total returns to shareholders of 46% over the past year. Upcoming Dividend • Oct 09
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 16 October 2022. Payment date: 13 November 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Bangladeshi dividend payers (3.9%). Lower than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 19% share price gain to ৳72.60, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 26x in the Telecom industry in Bangladesh. Total returns to shareholders of 1.6% over the past year. Duyuru • Sep 19
ADN Telecom Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of ADN Telecom Limited has recommended 10% cash dividend for the year ended June 30, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Khondkar Atioue-E-Rabbani was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 17% share price gain to ৳58.30, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 24x in the Telecom industry in Bangladesh. Total returns to shareholders of 37% over the past year. Reported Earnings • Feb 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.60 (up from ৳0.59 in 2Q 2021). Revenue: ৳276.5m (up 2.0% from 2Q 2021). Net income: ৳38.8m (up 2.1% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021). Revenue was in line with analyst estimates. Reported Earnings • Nov 28
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳0.63 (up from ৳0.61 in 1Q 2021). Revenue: ৳299.7m (up 1.2% from 1Q 2021). Net income: ৳40.5m (up 1.8% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Revenue was in line with analyst estimates. Upcoming Dividend • Nov 11
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 13 January 2022. Trailing yield: 1.6%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 16% share price gain to ৳71.50, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 25x in the Telecom industry in Bangladesh. Total returns to shareholders of 99% over the past year. Is New 90 Day High Low • Feb 09
New 90-day low: ৳45.70 The company is down 6.0% from its price of ৳48.40 on 11 November 2020. The Bangladeshi market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 13% over the same period. Reported Earnings • Feb 04
Second quarter 2021 earnings released: EPS ৳0.59 (vs ৳0.62 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ৳271.0m (down 14% from 2Q 2020). Net income: ৳38.0m (up 31% from 2Q 2020). Profit margin: 14% (up from 9.2% in 2Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ৳46.80, the stock is trading at a trailing P/E ratio of 16.4x, down from the previous P/E ratio of 21.6x. This compares to an average P/E of 25x in the Telecom industry in Bangladesh. Total returns to shareholders over the past year are 18%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ৳51.80, the stock is trading at a trailing P/E ratio of 18.1x, down from the previous P/E ratio of 21.4x. This compares to an average P/E of 25x in the Telecom industry in Bangladesh. Total returns to shareholders over the past year are 47%. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 18% share price gain to ৳64.30, the stock is trading at a trailing P/E ratio of 22.5x, up from the previous P/E ratio of 19.1x. This compares to an average P/E of 27x in the Telecom industry in Bangladesh. Is New 90 Day High Low • Dec 30
New 90-day high: ৳64.30 The company is up 67% from its price of ৳38.40 on 01 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 15% share price gain to ৳56.60, the stock is trading at a trailing P/E ratio of 26.8x, up from the previous P/E ratio of 23.3x. This compares to an average P/E of 25x in the Telecom industry in Bangladesh. Is New 90 Day High Low • Nov 24
New 90-day high: ৳56.60 The company is up 58% from its price of ৳35.90 on 26 August 2020. The Bangladeshi market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is flat over the same period. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 18% share price gain to ৳51.40, the stock is trading at a trailing P/E ratio of 24.4x, up from the previous P/E ratio of 20.7x. This compares to an average P/E of 28x in the Telecom industry in Bangladesh. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 18% share price gain to ৳45.90, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.4x. This compares to an average P/E of 28x in the Telecom industry in Bangladesh. Is New 90 Day High Low • Nov 03
New 90-day high: ৳44.90 The company is up 17% from its price of ৳38.40 on 05 August 2020. The Bangladeshi market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Telecom industry, which is up 27% over the same period. Valuation Update With 7 Day Price Move • Nov 02
Market bids up stock over the past week After last week's 16% share price gain to ৳42.70, the stock is trading at a trailing P/E ratio of 20.2x, up from the previous P/E ratio of 17.4x. This compares to an average P/E of 26x in the Telecom industry in Bangladesh. 
