R

Redtone Digital Bhd
KLSE:REDTONE

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Redtone Digital Bhd
KLSE:REDTONE
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Price: 0.33 MYR Market Closed
Market Cap: 258.2m MYR

P/B

1
Current
42%
Cheaper
vs 3-y average of 1.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
MYR270.5m
/
Total Equity
246.8m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
MYR270.5m
/
Total Equity
246.8m

Valuation Scenarios

Redtone Digital Bhd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth MYR0.57 (72% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+144%
Average Upside
74%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 MYR0.33
0%
3-Year Average 1.8 MYR0.57
+72%
5-Year Average 1.6 MYR0.51
+55%
Industry Average 2.5 MYR0.8
+144%
Country Average 1.3 MYR0.42
+27%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
MY
R
Redtone Digital Bhd
KLSE:REDTONE
Average P/E: 71.9
16.3
N/A N/A
US
EchoStar Corp
NASDAQ:SATS
Negative Multiple: -1.3 N/A N/A
US
AST SpaceMobile Inc
NASDAQ:ASTS
Negative Multiple: -78.8 N/A N/A
US
G
Globalstar Inc
AMEX:GSAT
Negative Multiple: -540.5 N/A N/A
US
Lumen Technologies Inc
NYSE:LUMN
Negative Multiple: -5.2 N/A N/A
ID
Indoritel Makmur Internasional Tbk PT
IDX:DNET
104.8
N/A N/A
US
Iridium Communications Inc
NASDAQ:IRDM
37.4
18%
2.1
UK
Liberty Global PLC
NASDAQ:LBTYA
Negative Multiple: -0.5 N/A N/A
BM
Liberty Global Ltd
F:3O41
Negative Multiple: -0.5 N/A N/A
MY
T
TIME dotCom Bhd
KLSE:TIMECOM
25.6
11%
2.3
NZ
Chorus Ltd
NZX:CNU
175.3
202%
0.9

Market Distribution

In line with most companies in Malaysia
Percentile
40th
Based on 453 companies
40th percentile
1
Low
0 — 0.8
Typical Range
0.8 — 2.5
High
2.5 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 0.8
Median 1.3
70th Percentile 2.5
Max 2 591.7

Redtone Digital Bhd
Glance View

Market Cap
258.2m MYR
Industry
Telecommunication

REDtone Digital Bhd.is an investment holding company, which engages in the provision of management services. The company is headquartered in Puchong, Selangor. The company went IPO on 2004-01-09. The firm's segments include Telecommunications services, Managed telecommunications network services and Industry digital services. Its Telecommunications services segment offers data, voice and managed services to government, enterprises and small and medium enterprises. Its Managed telecommunications network services segment builds, maintains and operates wireless fidelity (WiFi) hotspots, radio access network infrastructure, and fiber optic infrastructure. Its Industry digital services segment includes cloud services and applications, data center and disaster recovery, Internet of things (IOT), smart farming, smart cities, and healthcare solutions. The firm's subsidiaries include REDtone Telecommunications Sdn. Bhd., REDtone Technology Sdn. Bhd., REDtone Engineering & Network Services Sdn. Bhd. and others.

REDTONE Intrinsic Value
1.37 MYR
Undervaluation 76%
Intrinsic Value
Price MYR0.33
R
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