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Axiata Group Bhd
KLSE:AXIATA

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Axiata Group Bhd
KLSE:AXIATA
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Price: 2.28 MYR 1.33% Market Closed
Market Cap: 20.9B MYR

EV/EBITDA

17.2
Current
41%
More Expensive
vs 3-y average of 12.2

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.2
=
Enterprise Value
MYR27.3B
/
EBITDA
1.6B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.2
=
Enterprise Value
MYR27.3B
/
EBITDA
1.6B

Valuation Scenarios

Axiata Group Bhd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (12.2), the stock would be worth MYR1.62 (29% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-34%
Maximum Upside
+6%
Average Downside
21%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 17.2 MYR2.28
0%
3-Year Average 12.2 MYR1.62
-29%
5-Year Average 18.2 MYR2.41
+6%
Industry Average 12.6 MYR1.67
-27%
Country Average 11.3 MYR1.5
-34%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
MYR27.3B
/
Jan 2026
1.6B
=
17.2
Current
MYR27.3B
/
Dec 2026
6.3B
=
4.4
Forward
MYR27.3B
/
Dec 2027
6.2B
=
4.4
Forward
MYR27.3B
/
Dec 2028
6.2B
=
4.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
MY
Axiata Group Bhd
KLSE:AXIATA
20.9B MYR 17.2 57.4
ZA
MTN Group Ltd
JSE:MTN
373.9B ZAR 3.5 18.5
ZA
Vodacom Group Ltd
JSE:VOD
280.2B ZAR 5.2 14.9
US
T-Mobile US Inc
NASDAQ:TMUS
214.8B USD 8.9 19
JP
SoftBank Group Corp
TSE:9984
34T JPY 33.8 9.3
CN
China Mobile Ltd
SSE:600941
1.3T CNY 6.8 9.4
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
10.5T INR 9.9 34.1
MX
America Movil SAB de CV
BMV:AMXB
1.4T MXN 5 15.9
JP
SoftBank Corp
TSE:9434
10.5T JPY 7.8 18.6
JP
KDDI Corp
TSE:9433
9.8T JPY 6.7 14.1
UK
Vodafone Group PLC
LSE:VOD
27.9B GBP 4 -7.2
P/E Multiple
Earnings Growth PEG
MY
Axiata Group Bhd
KLSE:AXIATA
Average P/E: 21.1
57.4
37%
1.6
ZA
M
MTN Group Ltd
JSE:MTN
18.5
41%
0.5
ZA
V
Vodacom Group Ltd
JSE:VOD
14.9
19%
0.8
US
T-Mobile US Inc
NASDAQ:TMUS
19
19%
1
JP
SoftBank Group Corp
TSE:9984
9.3
-10%
N/A
CN
China Mobile Ltd
SSE:600941
9.4
3%
3.1
IN
Bharti Airtel Ltd
NSE:BHARTIARTL
34.1
16%
2.1
MX
America Movil SAB de CV
BMV:AMXB
15.9
21%
0.8
JP
SoftBank Corp
TSE:9434
18.6
7%
2.7
JP
KDDI Corp
TSE:9433
14.1
11%
1.3
UK
Vodafone Group PLC
LSE:VOD
Negative Multiple: -7.2 N/A N/A

Market Distribution

Higher than 71% of companies in Malaysia
Percentile
71th
Based on 431 companies
71th percentile
17.2
Low
0.5 — 7.2
Typical Range
7.2 — 16.9
High
16.9 —
Distribution Statistics
Malaysia
Min 0.5
30th Percentile 7.2
Median 11.3
70th Percentile 16.9
Max 56 436.5

Axiata Group Bhd
Glance View

Market Cap
20.9B MYR
Industry
Telecommunication

Axiata Group Bhd, a major telecommunications player primarily located in Asia, extends its digital influence across a diverse landscape encompassing multiple countries. Originating as a spin-off from Telekom Malaysia, the company has evolved into a regional powerhouse by blending cutting-edge technology with strategic market investments. This growth story is anchored in its robust presence in emerging markets, which capitalizes on the rapid digital adoption seen in countries like Malaysia, Indonesia, Sri Lanka, Bangladesh, and Cambodia. Axiata's enterprise is built around providing mobile communications and ICT services, combining robust network infrastructure with innovative digital solutions to meet the dynamic needs of its extensive customer base. Axiata's financial narrative is driven by its multifaceted approach to telecommunications, digital services, and tower infrastructure business segments. The company's core revenue streams flow from its mobile network operations, which cater to millions of users seeking connectivity in increasingly digitized economies. Beyond traditional telecom, Axiata diversifies its portfolio through strategic investments in digital services such as mobile money and digital advertising, tapping into the digital finance revolution. Additionally, its edotco business unit oversees a vast network of telecom towers, creating a steady revenue pulse from tower leasing. By weaving these threads together, Axiata continues to cash in on the digital wave sweeping through Asia, all while positioning itself for sustainable growth in an era defined by connectivity and digital integration.

AXIATA Intrinsic Value
2.11 MYR
Overvaluation 8%
Intrinsic Value
Price MYR2.28
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