XL Axiata Tbk PT
IDX:EXCL

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XL Axiata Tbk PT
IDX:EXCL
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Price: 3 800 IDR -0.52% Market Closed
Market Cap: 69.2T IDR

Relative Value

The Relative Value of one EXCL stock under the Base Case scenario is 8 316.31 IDR. Compared to the current market price of 3 800 IDR, XL Axiata Tbk PT is Undervalued by 54%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EXCL Relative Value
Base Case
8 316.31 IDR
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
64
Median 3Y
0.9
Median 5Y
0.9
Industry
1.5
Forward
1.5
vs History
vs Industry
31
Median 3Y
18.5
Median 5Y
18.7
Industry
16.8
Forward
-55.1
vs History
0
vs Industry
69
Median 3Y
1.8
Median 5Y
1.9
Industry
6.6
vs History
15
vs Industry
44
Median 3Y
5.1
Median 5Y
5.1
Industry
15.6
vs History
0
vs Industry
57
Median 3Y
1.1
Median 5Y
1.2
Industry
2.1
vs History
0
vs Industry
46
Median 3Y
2
Median 5Y
2
Industry
2.1
Forward
2.6
vs History
0
vs Industry
67
Median 3Y
2.3
Median 5Y
2.3
Industry
4
vs History
4
vs Industry
22
Median 3Y
14.5
Median 5Y
15.9
Industry
8.1
Forward
5.7
vs History
4
vs Industry
35
Median 3Y
14.5
Median 5Y
15.9
Industry
13
Forward
40.7
vs History
0
vs Industry
64
Median 3Y
3.9
Median 5Y
4
Industry
8.7
vs History
14
vs Industry
47
Median 3Y
10.3
Median 5Y
10.8
Industry
15.7
vs History
0
vs Industry
55
Median 3Y
0.9
Median 5Y
0.9
Industry
1.2

Multiples Across Competitors

EXCL Competitors Multiples
XL Axiata Tbk PT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
XL Axiata Tbk PT
IDX:EXCL
65T IDR 1.6 -30.9 80 80
ZA
MTN Group Ltd
JSE:MTN
321.2B Zac 0 0 0 0
ZA
Vodacom Group Ltd
JSE:VOD
281.6B Zac 0 0 0 0
US
T-Mobile US Inc
NASDAQ:TMUS
222.1B USD 2.6 18.7 9.3 15.5
CN
China Mobile Ltd
SSE:600941
1.4T CNY 1.3 9.5 9.4 9.4
JP
SoftBank Group Corp
TSE:9984
26.9T JPY 3.6 8.8 24.1 56.6
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
11.9T INR 6.1 30.8 11.9 21.9
JP
KDDI Corp
TSE:9433
10.4T JPY 1.7 14.6 6.9 11.2
JP
SoftBank Corp
TSE:9434
10.3T JPY 1.5 19.1 8.5 15.2
MX
America Movil SAB de CV
BMV:AMXB
1.1T MXN 1.2 16.2 4.4 8.6
UK
Vodafone Group PLC
LSE:VOD
25.2B GBP 0.7 -6.6 174.4 621.1
P/S Multiple
Revenue Growth P/S to Growth
ID
XL Axiata Tbk PT
IDX:EXCL
Average P/S: 2.3
1.6
12%
0.1
ZA
M
MTN Group Ltd
JSE:MTN
Not Available
15%
N/A
ZA
V
Vodacom Group Ltd
JSE:VOD
Not Available
9%
N/A
US
T-Mobile US Inc
NASDAQ:TMUS
2.6
7%
0.4
CN
China Mobile Ltd
SSE:600941
1.3
3%
0.4
JP
SoftBank Group Corp
TSE:9984
3.6
6%
0.6
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
6.1
16%
0.4
JP
KDDI Corp
TSE:9433
1.7
4%
0.4
JP
SoftBank Corp
TSE:9434
1.5
5%
0.3
MX
America Movil SAB de CV
BMV:AMXB
1.2
6%
0.2
UK
Vodafone Group PLC
LSE:VOD
0.7
5%
0.1
P/E Multiple
Earnings Growth PEG
ID
XL Axiata Tbk PT
IDX:EXCL
Average P/E: 16.8
Negative Multiple: -30.9
19%
N/A
ZA
M
MTN Group Ltd
JSE:MTN
Not Available N/A N/A
ZA
V
Vodacom Group Ltd
JSE:VOD
Not Available
19%
N/A
US
T-Mobile US Inc
NASDAQ:TMUS
18.7
14%
1.3
CN
China Mobile Ltd
SSE:600941
9.5
5%
1.9
JP
SoftBank Group Corp
TSE:9984
8.8
-17%
N/A
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
30.8
17%
1.8
JP
KDDI Corp
TSE:9433
14.6
11%
1.3
JP
SoftBank Corp
TSE:9434
19.1
7%
2.7
MX
America Movil SAB de CV
BMV:AMXB
16.2
-34%
N/A
UK
Vodafone Group PLC
LSE:VOD
Negative Multiple: -6.6 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
XL Axiata Tbk PT
IDX:EXCL
Average EV/EBITDA: 36.5
80
65%
1.2
ZA
M
MTN Group Ltd
JSE:MTN
Not Available
23%
N/A
ZA
V
Vodacom Group Ltd
JSE:VOD
Not Available
11%
N/A
US
T-Mobile US Inc
NASDAQ:TMUS
9.3
10%
0.9
CN
China Mobile Ltd
SSE:600941
9.4
33%
0.3
JP
SoftBank Group Corp
TSE:9984
24.1
20%
1.2
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
11.9
19%
0.6
JP
KDDI Corp
TSE:9433
6.9
4%
1.7
JP
SoftBank Corp
TSE:9434
8.5
5%
1.7
MX
America Movil SAB de CV
BMV:AMXB
4.4
7%
0.6
UK
Vodafone Group PLC
LSE:VOD
174.4
-5%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
XL Axiata Tbk PT
IDX:EXCL
Average EV/EBIT: 93.3
80
15%
5.3
ZA
M
MTN Group Ltd
JSE:MTN
Not Available
37%
N/A
ZA
V
Vodacom Group Ltd
JSE:VOD
Not Available
15%
N/A
US
T-Mobile US Inc
NASDAQ:TMUS
15.5
11%
1.4
CN
China Mobile Ltd
SSE:600941
9.4
6%
1.6
JP
SoftBank Group Corp
TSE:9984
56.6
18%
3.1
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
21.9
28%
0.8
JP
KDDI Corp
TSE:9433
11.2
N/A N/A
JP
SoftBank Corp
TSE:9434
15.2
N/A N/A
MX
America Movil SAB de CV
BMV:AMXB
8.6
8%
1.1
UK
Vodafone Group PLC
LSE:VOD
621.1
2%
310.6