Tower Bersama Infrastructure Tbk PT
IDX:TBIG
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (9.2), the stock would be worth Rp2 124.01 (15% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8 | Rp1 845 |
0%
|
| 3-Year Average | 9.2 | Rp2 124.01 |
+15%
|
| 5-Year Average | 10.1 | Rp2 327.95 |
+26%
|
| Industry Average | 5.5 | Rp1 261.51 |
-32%
|
| Country Average | 7.9 | Rp1 834.16 |
-1%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| ID |
|
Tower Bersama Infrastructure Tbk PT
IDX:TBIG
|
41.7T IDR | 8 | 29.2 | |
| US |
|
Verizon Communications Inc
NYSE:VZ
|
195.6B USD | 5.3 | 11.4 | |
| US |
|
AT&T Inc
NYSE:T
|
182.5B USD | 4.7 | 8.6 | |
| DE |
|
Deutsche Telekom AG
XETRA:DTE
|
133.6B EUR | 3.3 | 13.9 | |
| CN |
|
China Telecom Corp Ltd
SSE:601728
|
545.4B CNY | 4.3 | 16.2 | |
| JP |
|
Nippon Telegraph and Telephone Corp
TSE:9432
|
12.5T JPY | 5.6 | 11.6 | |
| SG |
|
Singapore Telecommunications Ltd
SGX:Z74
|
77.4B SGD | 14.9 | 12.5 | |
| FR |
|
Orange SA
PAR:ORA
|
46.9B EUR | 4.4 | 87.2 | |
| SA |
|
Saudi Telecom Company SJSC
SAU:7010
|
189.1B SAR | 10.3 | 12.8 | |
| CH |
|
Swisscom AG
SIX:SCMN
|
34.4B CHF | 5.8 | 27.7 | |
| AU |
T
|
Telstra Group Ltd
F:5KB
|
36.7B EUR | 7.9 | 27 |
Market Distribution
| Min | 0 |
| 30th Percentile | 5.1 |
| Median | 7.9 |
| 70th Percentile | 16.8 |
| Max | 294 565.7 |
Other Multiples
Tower Bersama Infrastructure Tbk PT
Glance View
Tower Bersama Infrastructure Tbk PT stands as a pivotal player in Indonesia's telecommunications landscape, weaving a critical part of the nation's digital fabric. Founded in 2003, the company has meticulously built and managed a robust network of telecommunication towers, essential for the burgeoning mobile and data usage across the archipelago. Essentially, their business model revolves around leasing space on these towers to various mobile network operators. This infrastructure-sharing approach allows telecom providers to expand their network coverage more cost-effectively without the heavy capital expenditure required to construct their own towers. It's a symbiotic relationship where Tower Bersama provides the necessary real estate and means for signal transmission, while its clients bring connectivity to the consumers. The revenue model of Tower Bersama is largely subscription-based, with long-term contracts guaranteeing a steady cash flow. As mobile data demand continues to surge, the company capitalizes on the need for increased network capabilities, allowing for incremental revenues through equipment upgrades and additional services. Moreover, the strategic locations of their towers across urban and rural areas ensure that they remain a critical partner for telecom companies looking to penetrate all market segments. Their expertise in managing these assets and optimizing the tenancy ratio — the number of clients sharing a single tower — is key to maximizing profitability. This dual focus on strategic growth and operational efficiency has helped Tower Bersama maintain a strong market position in a competitive industry, steering the company's journey through Indonesia’s digital transformation.