Financials Dialog Axiata PLC

Equities

DIAL.N0000

LK0348N00009

Wireless Telecommunications Services

End-of-day quote Colombo S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
11.8 LKR 0.00% Intraday chart for Dialog Axiata PLC -0.84% +31.11%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 82,252 100,168 101,355 89,387 70,105 97,322 97,322 -
Enterprise Value (EV) 1 121,098 144,686 130,464 109,143 133,148 156,381 174,890 200,028
P/E ratio 11 x 9.32 x 8.38 x 5.24 x -2.09 x 3.69 x 5.99 x 4.87 x
Yield 3.66% 4.31% 5.97% 11.4% - 14.9% 8.39% 10.1%
Capitalization / Revenue 0.75 x 0.86 x 0.84 x 0.63 x 0.39 x 0.4 x 0.56 x 0.51 x
EV / Revenue 1.11 x 1.24 x 1.09 x 0.77 x 0.75 x 0.83 x 1.01 x 1.05 x
EV / EBITDA 2.78 x 3.1 x 2.57 x 1.86 x 2.85 x 2.94 x 2.68 x 2.9 x
EV / FCF -108 x 24 x 5.21 x 5.91 x -880 x -13 x 5.31 x 13 x
FCF Yield -0.92% 4.16% 19.2% 16.9% -0.11% -7.71% 18.8% 7.69%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 8,143,778 8,143,778 8,173,809 8,200,608 8,247,640 8,247,640 8,247,640 -
Reference price 2 10.10 12.30 12.40 10.90 8.500 11.80 11.80 11.80
Announcement Date 2/15/19 2/14/20 2/19/21 2/11/22 2/10/23 2/16/24 - -
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 109,157 116,827 120,142 141,915 178,131 187,813 173,007 189,782
EBITDA 1 43,627 46,703 50,854 58,696 46,695 60,258 65,200 68,897
EBIT 1 16,723 15,336 16,683 23,440 2,568 20,874 25,445 32,576
Operating Margin 15.32% 13.13% 13.89% 16.52% 1.44% 11.11% 14.71% 17.16%
Earnings before Tax (EBT) 1 9,550 12,682 13,788 - - 22,945 19,289 27,658
Net income 1 7,501 10,776 12,034 17,061 -33,388 20,124 16,257 19,973
Net margin 6.87% 9.22% 10.02% 12.02% -18.74% 10.71% 9.4% 10.52%
EPS 2 0.9200 1.320 1.480 2.080 -4.060 2.440 1.970 2.425
Free Cash Flow 1 -1,117 6,021 25,055 18,472 -151.2 -12,060 32,914 15,377
FCF margin -1.02% 5.15% 20.85% 13.02% -0.08% -6.42% 19.02% 8.1%
FCF Conversion (EBITDA) - 12.89% 49.27% 31.47% - 50.07% 50.48% 22.32%
FCF Conversion (Net income) - 55.88% 208.2% 108.27% - 172.97% 202.46% 76.99%
Dividend per Share 2 0.3700 0.5300 0.7400 1.240 - 1.340 0.9900 1.190
Announcement Date 2/15/19 2/14/20 2/19/21 2/11/22 2/10/23 2/16/24 - -
1LKR in Million2LKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2023 Q1 2023 Q2 2023 Q3
Net sales 67,929 - - -
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 1 - 8,692 3,103 3,063
Net margin - - - -
EPS 2 0.8600 1.050 4.470 0.3700
Dividend per Share - - - -
Announcement Date 8/5/21 5/12/23 8/10/23 11/10/23
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 38,846 44,517 29,109 19,757 63,043 82,152 77,568 102,706
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.8904 x 0.9532 x 0.5724 x 0.3366 x 1.35 x 1.325 x 1.19 x 1.491 x
Free Cash Flow 1 -1,117 6,021 25,055 18,472 -151 -12,060 32,914 15,377
ROE (net income / shareholders' equity) 11.6% 15.2% 6.6% 19.4% -48.1% 36.1% 17.5% 19.8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 30,443 27,624 17,463 30,594 56,804 33,386 32,287 53,520
Capex / Sales 27.89% 23.64% 14.54% 21.56% 31.89% 17.78% 18.66% 28.2%
Announcement Date 2/15/19 2/14/20 2/19/21 2/11/22 2/10/23 2/16/24 - -
1LKR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
11.8 LKR
Average target price
13.67 LKR
Spread / Average Target
+15.82%
Consensus
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