CelcomDigi Bhd

CelcomDigi Bhd maintains a debt-to-equity ratio of 0.79, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.46, suggesting limited short-term liquidity to cover immediate liabilities. Free cash flow stands at MYR 413.03 million, which is lower than the operating cash flow of MYR 964.75 million, reflecting capital expenditures of MYR 316.22 million.

Profitability metrics show a return on equity of 2.31% and a return on assets of 1.04%, both below the industry median for wireless telecommunications services. The company's net income of MYR 376.46 million is supported by an operating income of MYR 573.94 million, but the gross profit margin of 65.2% suggests competitive pricing pressures or high operational costs.

The company's revenue is concentrated in its domestic market, with no disclosed international segments. This geographic concentration increases exposure to local economic and regulatory risks. No material revenue is attributed to specific product lines or customer segments, indicating a homogeneous revenue base.

CelcomDigi Bhd's revenue growth is expected to remain stable, with no significant changes projected in the next fiscal year. The company's historical revenue of MYR 3.17 billion reflects a mature market position, with growth likely constrained by market saturation and regulatory constraints.

The company's risk profile includes medium liquidity risk and low dilution potential. The negative net cash position, after subtracting total debt, indicates a need for careful cash flow management. No recent dilutive events have been reported, and the number of shares outstanding has remained unchanged.

Recent filings and transcripts have not disclosed any material events that would significantly alter the company's strategic direction or financial outlook. Analysts have provided a range of price targets, with a mean of MYR 3.68 and a median of MYR 3.52, reflecting a generally neutral to slightly positive sentiment.

Analysts project 37.4% upside potential, with a mean price target of MYR 3.68 versus the current MYR 2.68.

Revenue demonstrated strong growth, achieving a 19.6% compound annual growth rate over the four-year period ending FY2026.

Free cash flow surged 57.9% year-over-year to MYR 456.1 million in FY2026, enhancing liquidity generation capabilities.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or servicing existing debt levels.

Return on equity of 2.3% lags the 4.8% peer median, suggesting inefficient capital utilization compared to industry competitors.

Long-term debt increased to MYR 13.85 billion in FY2026, reflecting a rising leverage burden on the balance sheet.

Medium liquidity risk flags suggest potential constraints in meeting short-term financial obligations despite high current ratios.

Revenue MYR 3.45B, +5,2% YoY; Operating income +90,5% YoY.

• ▍Revenue MYR 3.45B, +5,2% YoY
• ▍Operating income +90,5% YoY
• ▍Net income +120,9% YoY
• ▍Free cash flow +20,9% YoY
• ▍Net margin 10.1%

Revenue MYR 3.12B, −0,1% YoY; Operating income −16,0% YoY.

• ▍Revenue MYR 3.12B, −0,1% YoY
• ▍Operating income −16,0% YoY
• ▍Net income −21,9% YoY
• ▍Free cash flow −28,9% YoY
• ▍Net margin 10.9%

Revenue MYR 3.18B, +2,3% YoY; Operating income +12,4% YoY.

• ▍Revenue MYR 3.18B, +2,3% YoY
• ▍Operating income +12,4% YoY
• ▍Net income +8,1% YoY
• ▍Free cash flow +20,4% YoY
• ▍Net margin 13.8%

Revenue MYR 3.21B, +1,2% YoY; Operating income +21,3% YoY.

• ▍Revenue MYR 3.21B, +1,2% YoY
• ▍Operating income +21,3% YoY
• ▍Net income +1,9% YoY
• ▍Free cash flow +11,7% YoY
• ▍Net margin 12.0%

Revenue MYR 12.96B, +2,2% YoY; Operating income +15,6% YoY.

• ▍Revenue MYR 12.96B, +2,2% YoY
• ▍Operating income +15,6% YoY
• ▍Net income +9,9% YoY
• ▍Free cash flow +57,9% YoY
• ▍Net margin 11.7%

Revenue MYR 12.68B, −0,0% YoY; Operating income −14,1% YoY.

• ▍Revenue MYR 12.68B, −0,0% YoY
• ▍Operating income −14,1% YoY
• ▍Net income −11,2% YoY
• ▍Free cash flow −80,5% YoY
• ▍Net margin 10.9%

Revenue MYR 12.68B, +87,2% YoY; Operating income +83,3% YoY.

• ▍Revenue MYR 12.68B, +87,2% YoY
• ▍Operating income +83,3% YoY
• ▍Net income +103,3% YoY
• ▍Free cash flow +296,5% YoY
• ▍Net margin 12.2%

Revenue MYR 6.77B, +6,9% YoY; Operating income −15,2% YoY.

• ▍Revenue MYR 6.77B, +6,9% YoY
• ▍Operating income −15,2% YoY
• ▍Net income −34,3% YoY
• ▍Free cash flow −23,2% YoY
• ▍Net margin 11.3%

Revenue MYR 6.34B; Operating income MYR 1.73B.

• ▍Revenue MYR 6.34B
• ▍Operating income MYR 1.73B
• ▍Net margin 18.3%