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Indosat

DB:IDO1
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IDO1
DB
IDR17,063B
Market Cap
  1. Home
  2. DE
  3. Telecom
Company description

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. The last earnings update was 13 days ago. More info.


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IDO1 Share Price and Events
7 Day Returns
-8.8%
DB:IDO1
-3%
Europe Wireless Telecom
0%
DE Market
1 Year Returns
63.2%
DB:IDO1
1.1%
Europe Wireless Telecom
9.9%
DE Market
IDO1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Indosat (IDO1) -8.8% 1.6% -16% 63.2% -56.2% -7.5%
Europe Wireless Telecom -3% -3.3% 2.2% 1.1% -14.3% -26.2%
DE Market 0% 4.6% 12.1% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • IDO1 outperformed the Wireless Telecom industry which returned 1.1% over the past year.
  • IDO1 outperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
IDO1
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Indosat's competitors could be found in our database.

IDO1 Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Indosat to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Indosat.

DB:IDO1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 20 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:IDO1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Wireless Telecom Unlevered Beta Simply Wall St/ S&P Global 0.34
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.337 (1 + (1- 25%) (179.22%))
0.859
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.859 * 5.96%)
5.35%

Discounted Cash Flow Calculation for DB:IDO1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Indosat is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:IDO1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (IDR, Millions) Source Present Value
Discounted (@ 5.35%)
2020 -1,097,750.00 Analyst x4 -1,042,050.95
2021 1,304,666.67 Analyst x3 1,175,629.78
2022 1,700,000.00 Analyst x1 1,454,137.39
2023 1,989,426.89 Est @ 17.03% 1,615,362.55
2024 2,227,879.16 Est @ 11.99% 1,717,193.22
2025 2,416,326.20 Est @ 8.46% 1,767,944.40
2026 2,561,049.86 Est @ 5.99% 1,778,756.83
2027 2,670,175.85 Est @ 4.26% 1,760,450.90
2028 2,751,645.33 Est @ 3.05% 1,722,114.47
2029 2,812,296.09 Est @ 2.2% 1,670,767.85
Present value of next 10 years cash flows IDR13,620,306.00
DB:IDO1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= IDR2,812,296.09 × (1 + 0.23%) ÷ (5.35% – 0.23%)
IDR55,083,692.05
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= IDR55,083,692.05 ÷ (1 + 5.35%)10
IDR32,724,883.46
DB:IDO1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= IDR13,620,306.00 + IDR32,724,883.46
IDR46,345,189.46
Equity Value per Share
(IDR)
= Total value / Shares Outstanding
= IDR46,345,189.46 / 5,433.93
IDR8528.85
DB:IDO1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:IDO1 represents 6.0E-5x of IDX:ISAT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
6.0E-5x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 8,528.85 x 6.0E-5
€0.51
Value per share (EUR) From above. €0.51
Current discount Discount to share price of €0.19
= -1 x (€0.19 - €0.51) / €0.51
63.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Indosat is available for.
Intrinsic value
>50%
Share price is €0.186 vs Future cash flow value of €0.50521
Current Discount Checks
For Indosat to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Indosat's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Indosat's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Indosat's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Indosat's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:IDO1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in IDR IDR-211.53
IDX:ISAT Share Price ** IDX (2019-11-18) in IDR IDR3140
Europe Wireless Telecom Industry PE Ratio Median Figure of 7 Publicly-Listed Wireless Telecom Companies 22.75x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 20.03x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Indosat.

DB:IDO1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:ISAT Share Price ÷ EPS (both in IDR)

= 3140 ÷ -211.53

-14.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indosat is loss making, we can't compare its value to the Europe Wireless Telecom industry average.
  • Indosat is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Indosat's expected growth come at a high price?
Raw Data
DB:IDO1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts
26.9%per year
Europe Wireless Telecom Industry PEG Ratio Median Figure of 5 Publicly-Listed Wireless Telecom Companies 2.38x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Indosat, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Indosat's assets?
Raw Data
DB:IDO1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in IDR IDR2,004.27
IDX:ISAT Share Price * IDX (2019-11-18) in IDR IDR3140
Europe Wireless Telecom Industry PB Ratio Median Figure of 9 Publicly-Listed Wireless Telecom Companies 1.82x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.84x
DB:IDO1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:ISAT Share Price ÷ Book Value per Share (both in IDR)

= 3140 ÷ 2,004.27

1.57x

* Primary Listing of Indosat.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indosat is good value based on assets compared to the Europe Wireless Telecom industry average.
X
Value checks
We assess Indosat's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Wireless Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Wireless Telecom industry average (and greater than 0)? (1 check)
  5. Indosat has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IDO1 Future Performance

 How is Indosat expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Indosat expected to grow at an attractive rate?
  • Indosat's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Indosat's earnings growth is expected to exceed the Germany market average.
  • Indosat's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:IDO1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:IDO1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts 26.9%
DB:IDO1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts 6.6%
Europe Wireless Telecom Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
Europe Wireless Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:IDO1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:IDO1 Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 32,385,000 645,000 1
2022-12-31 30,253,500 200,000 2
2021-12-31 29,124,246 8,366,300 -1,126,464 18
2020-12-31 26,988,374 7,865,500 -1,319,832 20
2019-12-31 25,194,398 7,996,667 -1,181,830 15
2019-11-18
DB:IDO1 Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-09-30 25,222,799 6,427,472 -1,149,416
2019-06-30 24,365,298 5,672,397 -2,042,038
2019-03-31 23,366,318 4,096,039 -2,291,146
2018-12-31 23,139,551 4,161,943 -2,403,843
2018-09-30 24,130,064 4,107,803 -1,493,512
2018-06-30 25,879,498 6,642,130 -342,126
2018-03-31 28,455,699 8,086,545 556,721
2017-12-31 29,926,098 8,960,936 1,135,783
2017-09-30 30,225,739 9,225,593 1,349,965
2017-06-30 30,354,790 10,055,866 1,461,178
2017-03-31 29,661,465 10,523,037 1,061,670
2016-12-31 29,184,624 9,751,515 1,105,042

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Indosat's earnings are expected to grow significantly at over 20% yearly.
  • Indosat's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:IDO1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below

All data from Indosat Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IDO1 Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 -208.85 -51.10 -482.39 13.00
2020-12-31 -261.07 -135.70 -487.87 15.00
2019-12-31 -256.92 -166.16 -350.30 11.00
2019-11-18
DB:IDO1 Past Financials Data
Date (Data in IDR Millions) EPS *
2019-09-30 -211.53
2019-06-30 -375.79
2019-03-31 -421.64
2018-12-31 -442.38
2018-09-30 -274.85
2018-06-30 -62.96
2018-03-31 102.45
2017-12-31 209.02
2017-09-30 248.43
2017-06-30 268.90
2017-03-31 195.38
2016-12-31 203.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Indosat will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Indosat's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Indosat has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IDO1 Past Performance

  How has Indosat performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Indosat's growth in the last year to its industry (Wireless Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Indosat does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Indosat's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Indosat's 1-year growth to the Europe Wireless Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Indosat's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Indosat Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IDO1 Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 25,222,799.00 -1,149,416.00 4,315,124.00
2019-06-30 24,365,298.00 -2,042,038.00 4,616,087.00
2019-03-31 23,366,318.00 -2,291,146.00 4,667,596.00
2018-12-31 23,139,551.00 -2,403,843.00 4,569,904.00
2018-09-30 24,130,064.00 -1,493,512.00 4,224,762.00
2018-06-30 25,879,498.00 -342,126.00 4,199,995.00
2018-03-31 28,455,699.00 556,721.00 4,358,718.00
2017-12-31 29,926,098.00 1,135,783.00 4,540,081.00
2017-09-30 30,225,739.00 1,349,965.00 4,259,611.00
2017-06-30 30,354,790.00 1,461,178.00 4,206,112.00
2017-03-31 29,661,465.00 1,061,670.00 4,174,418.00
2016-12-31 29,184,624.00 1,105,042.00 4,166,345.00
2016-09-30 28,711,700.00 657,684.00 4,328,174.00
2016-06-30 28,090,777.00 -148,134.00 4,088,547.00
2016-03-31 27,488,510.00 -637,218.00 3,945,350.00
2015-12-31 26,768,525.00 -1,310,001.00 3,703,358.00
2015-09-30 25,949,370.00 -1,800,951.00 3,471,797.00
2015-06-30 25,091,948.00 -1,624,906.00 3,486,322.00
2015-03-31 24,404,894.00 -3,260,719.00 3,370,802.00
2014-12-31 24,085,101.00 -2,008,364.00 3,268,874.00
2014-09-30 23,773,281.00 -2,345,528.00 2,921,253.00
2014-06-30 23,760,330.00 -3,668,099.00 2,736,867.00
2014-03-31 23,840,266.00 -1,914,053.00 2,463,813.00
2013-12-31 23,855,272.00 -2,781,999.00 2,251,418.00
2013-09-30 23,942,681.00 -1,866,828.00 2,757,582.00
2013-06-30 23,870,355.00 324,423.00 2,624,569.00
2013-03-31 23,285,129.00 326,587.00 2,413,737.00
2012-12-31 22,418,812.00 375,106.00 1,818,354.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Indosat has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Indosat used its assets less efficiently than the Europe Wireless Telecom industry average last year based on Return on Assets.
  • It is difficult to establish if Indosat improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Indosat's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Wireless Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Indosat has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IDO1 Health

 How is Indosat's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Indosat's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Indosat's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Indosat's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Indosat's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Indosat Company Filings, last reported 1 month ago.

DB:IDO1 Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 11,843,965.00 24,462,175.00 1,206,908.00
2019-06-30 11,775,196.00 22,636,633.00 1,783,250.00
2019-03-31 11,859,863.00 23,147,795.00 2,233,232.00
2018-12-31 12,136,247.00 21,430,468.00 1,045,503.00
2018-09-30 12,990,373.00 20,899,882.00 1,128,547.00
2018-06-30 13,595,651.00 19,255,391.00 1,318,498.00
2018-03-31 14,710,466.00 18,930,471.00 1,451,164.00
2017-12-31 14,815,534.00 19,504,899.00 1,675,350.00
2017-09-30 14,834,867.00 17,608,447.00 1,656,187.00
2017-06-30 14,477,588.00 19,184,653.00 2,409,206.00
2017-03-31 14,376,972.00 19,321,070.00 1,960,551.00
2016-12-31 14,177,119.00 20,170,416.00 1,852,844.00
2016-09-30 14,145,982.00 19,969,021.00 2,376,165.00
2016-06-30 13,676,704.00 21,041,907.00 2,264,197.00
2016-03-31 13,488,712.00 22,102,145.00 2,591,251.00
2015-12-31 13,263,841.00 23,694,783.00 3,637,967.00
2015-09-30 13,240,804.00 22,702,610.00 3,732,993.00
2015-06-30 13,593,814.00 28,307,893.00 9,435,170.00
2015-03-31 13,873,926.00 23,232,313.00 3,487,140.00
2014-12-31 14,298,555.00 23,173,161.00 3,566,628.00
2014-09-30 14,825,117.00 21,596,855.00 2,347,884.00
2014-06-30 15,003,779.00 21,631,112.00 2,225,741.00
2014-03-31 16,933,037.00 23,526,954.00 3,537,699.00
2013-12-31 16,517,598.00 23,967,953.00 2,240,197.00
2013-09-30 17,527,169.00 22,278,811.00 2,321,015.00
2013-06-30 18,872,211.00 20,334,905.00 1,802,939.00
2013-03-31 19,439,257.00 21,532,177.00 2,822,883.00
2012-12-31 19,395,384.00 22,069,492.00 3,994,789.00
  • Indosat's level of debt (206.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (145.8% vs 206.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Indosat has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Indosat has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Indosat's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Indosat has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IDO1 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.32%
Current annual income from Indosat dividends. Estimated to be 0% next year.
If you bought €2,000 of Indosat shares you are expected to receive €46 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Indosat's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.33%).
  • Indosat's dividend is below the markets top 25% of dividend payers in Germany (3.68%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:IDO1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
Europe Wireless Telecom Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:IDO1 Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 12.00
2020-12-31 0.00 13.00
2019-12-31 0.00 13.00
2019-11-18
DB:IDO1 Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-08-08 73.000 2.771
2018-03-29 73.000 1.980
2017-08-09 71.180 1.258
2017-03-15 71.180 1.060
2014-12-08 0.000 0.000
2014-11-07 0.000 0.000
2014-04-30 34.520 0.892
2013-11-07 34.520 0.875
2013-08-02 34.520 0.804
2013-06-20 34.520 0.714
2012-10-31 76.830 1.237
2012-08-01 76.830 1.396
2012-05-16 76.830 1.857
2011-08-15 59.550 1.134
2011-07-15 59.550 1.087
2011-06-30 59.990 1.167
2010-08-05 137.860 2.626
2010-06-22 137.860 2.801
2009-09-01 172.850 3.254
2009-06-12 172.800 3.296

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Indosat's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • No need to calculate the sustainability of Indosat's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Indosat's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Indosat afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Indosat has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IDO1 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ahmad Al Neama
TENURE AS CEO 0.5 years
CEO Bio

Mr. Ahmad Abdulaziz Al-Neama has been Chief Executive Officer of PT Indosat Tbk since May 3, 2019 and has also been its President Director since 2019. Mr. Al-Neama served as Commissioner of PT Indosat Tbk until 2019. He served as the Chief Technology Officer of Ooredoo with responsibility of a 550-strong business unit in 2013. Mr. Al-Neama joined Ooredoo in 2004 and has gained a broad range of experience within Ooredoo during this time. After only eight and a half years into his Ooredoo career, he became the Senior Director for Radio Access Networks. He participated in the expansion and optimisation of the 3G network during and after the 2006 Doha Asian Games. He also lead the project of fiber and 4G site rollout across Qatar. He was a Non-Executive Non Independent Director of Omani Qatari Telecommunications Company SAOG since March 27, 2014 until April 22, 2019. He has a degree in Electrical Engineering, from the University Of Colorado at Denver, USA.

CEO Compensation
  • Insufficient data for Ahmad to compare compensation growth.
  • Insufficient data for Ahmad to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Indosat management team in years:

1.2
Average Tenure
45
Average Age
  • The average tenure for the Indosat management team is less than 2 years, this suggests a new team.
Management Team

Ahmad Al Neama

TITLE
President Director & CEO
TENURE
0.5 yrs

Eyas Naif Assaf

TITLE
CFO & Director

Vikram Sinha

TITLE
COO & Director
AGE
44
TENURE
0.5 yrs

Dejan Kastelic

TITLE
Chief Technology & Information Officer
TENURE
2.5 yrs

Christy Kusumaatmaja

TITLE
Head of Investor Relations
TENURE
1.3 yrs

Hendri Syam

TITLE
Chief Sales & Distribution Officer
TENURE
1 yrs

Ritesh Singh

TITLE
Chief Marketing Officer
AGE
45
TENURE
0.3 yrs

Irsyad Sahroni

TITLE
Chief Human Resources Officer & Director
TENURE
1.5 yrs

Arya Suryawan

TITLE
Division Head Fund & Risk Management

Indar Atmanto

TITLE
Chief Corporate Services Officer
AGE
57
TENURE
8.3 yrs
Board of Directors Tenure

Average tenure and age of the Indosat board of directors in years:

2
Average Tenure
57
Average Age
  • The average tenure for the Indosat board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ahmad Al Neama

TITLE
President Director & CEO
TENURE
0.8 yrs

Eyas Naif Assaf

TITLE
CFO & Director
TENURE
1.1 yrs

Vikram Sinha

TITLE
COO & Director
AGE
44
TENURE
0.5 yrs

Irsyad Sahroni

TITLE
Chief Human Resources Officer & Director
TENURE
1.5 yrs

Arief Musta'in

TITLE
Director
TENURE
1.1 yrs

Waleed Mohamed Al-Sayed

TITLE
President Commissioner
AGE
55
TENURE
3.7 yrs

Elisa Lumbantoruan

TITLE
Independent Commissioner
AGE
59
TENURE
4.4 yrs

Syed Quader

TITLE
Independent Commissioner
AGE
69
TENURE
3.3 yrs

Hans Kuropatwa

TITLE
Commissioner
AGE
60
TENURE
3.7 yrs

Heru Pambudi

TITLE
Commissioner
AGE
49
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Indosat's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Indosat has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IDO1 News

Simply Wall St News

IDO1 Company Info

Description

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. It operates through three segments: Cellular; Fixed Telecommunications; and Multimedia, Data Communication, Internet (MIDI). The company provides voice, SMS, and data transfer services through post-paid and prepaid plans; international call services; fixed line and network interconnection services; and products and services, which include fixed connectivity, fixed Internet, and IT services. The company was founded in 1967 and is headquartered in Jakarta, Indonesia. PT Indosat Tbk is a subsidiary of Ooredoo Asia Pte. Ltd.

Details
Name: PT Indosat Tbk
IDO1
Exchange: DB
Founded: 1967
IDR1,091,940,319
5,433,933,500
Website: http://indosatooredoo.com
Address: PT Indosat Tbk
Indosat Ooredoo Building,
Jalan Medan Merdeka Barat No. 21,
Jakarta,
Jakarta Raya, 10110,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX ISAT Series B Shares Indonesia Stock Exchange ID IDR 02. Dec 1994
OTCPK PTIT.F Series B Shares Pink Sheets LLC US USD 02. Dec 1994
DB IDO1 Series B Shares Deutsche Boerse AG DE EUR 02. Dec 1994
Number of employees
Current staff
Staff numbers
3,697
Indosat employees.
Industry
Wireless Telecommunication Services
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 20:30
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/15
Last earnings filing: 2019/11/05
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.