Axiata Group Bhd (6888) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Axiata Group Bhd stock MYR 1.14, price MYR 1.66, that is 31.3% below the price, quality 47 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 1.54 MYR – 3.39 MYR · fair‑value band 0.8500 MYR – 1.53 MYR · the 1.66 MYR price screens above the 1.14 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Axiata Group Berhad, an investment holding company, provides telecommunications services. It operates through Digital telco/ Mobile, Infrastructure, Digital, and Others segments.
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The company provides mobile services and other services, such as provision of interconnect services, sale of devices, pay television transmissions, broadband services, and digital business and others; and telecommunication infrastructure and related services.
It offers telecommunication network equipment; international carrier and enterprise; technical and operations support; media and digital; software development; data and backbone, and fixed wireless and transmission infrastructure; television broadcasting and direct-to home satellite pay television; and financial services, as well as e-commerce distribution business and rendering solutions.
In addition, the company is involved in the provision of services related to IT; venture capital fund; network development, operations, and maintenance; digital credit facilities; and software licensing; and e-learning products and services.
Further, it offers digital analytics services; multimedia advertising services and creative content, as well as multimedia advertising sales support services; micro-financing and insurance, and money lending; e-wallet mobile application; data processing and management consultation services; and holds securities and financial instruments.
Additionally, the company is involved in the property development and letting of property for commercial purposes; outsourcing and digital financial activities; sale of IT enabled equipment; provision of manpower for call center operations; development and operation of electronic commerce infrastructure for the healthcare sector; provision of IT, information, and communications technology services to non-mobile network operator business activities.
The company was incorporated in 1992 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
Axiata Group Bhd (6888) currently trades at 1.66 MYR, while our model-based Fair Value estimate is 1.14 MYR, 31% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 1.89 MYR per share, and 6 of the 24 models we run sit above the 1.66 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.2900 MYR, and 18 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.8500 MYR (bear) to 1.53 MYR (bull), the price of 1.66 MYR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Axiata Group Bhd reported revenue of 11.8B MYR in FY2025 versus 25.9B MYR in FY2021, a compound −17.9%/yr. Reported net income was 365M MYR in FY2025, compounding −26.9%/yr from FY2021.
Key figures
Market cap 15.3B MYR (≈ $3.8B) Mid · P/E ratio 166.0 · P/S ratio 1.32 · EPS (TTM) 0.0100 MYR · Dividend yield 6.3% · Net margin 2.2% · Return on equity 3.2% · Return on assets (EBIT) 4.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 51% fair-value upside, at −31%, 6888 screens richer than that median.
Fair Value models
Bear0.8500 MYRFair Value 1.14 MYRBull1.53 MYR
Price 1.66 MYR · Downside -31.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−47.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−18.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−13.4%
Start year 2020 (pandemic). Over 10 years: −5.1% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.8%
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What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−15.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−22.2%
Dividend (yield on the price)6.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−22.2% vs −17.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 13%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−3.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about −5.2% a year for the price and +1.2% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Telecom Services · 235 stocks
Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−31.3% · Bottom 25%
Profitability
Return on equity (12 months)3.2% · Below median
Return on assets1.3% · Below median
Net margin (12 months)3.7% · Below median
Operating margin (12 months)18.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−3.2% · Bottom 25%
Dividend yield (12 months)6.3% · Top 25%
Balance sheet
Debt / equity0.41× · Above median
Valuation Multiplesvs Telecom Services median · lower = cheaper
P/E (12 months)166.0× · Priciest 25%
P/B0.75× · Cheapest 25%
P/S (12 months)2.29× · Pricier than median
Price / free cash flow (fiscal year)9.8× · Cheaper than median
EV/EBITDA7.3× · Pricier than median
PEG0.46× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 45
FUTURE (revenue growth)0· sector 23
PAST (return on equity)13· sector 33
HEALTH (low debt)79· sector 83
DIVIDEND (yield)100· sector 72
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Axiata Group Bhd Fair Value". https://www.fairvalue-calculator.com/stock/6888
Frequently asked questions
Is Axiata Group Bhd (6888) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1.14 MYR versus a price of 1.66 MYR, about 31% lower (overvalued).
What is the fair value of 6888?
Our model-based fair value for Axiata Group Bhd is 1.14 MYR (as of Nov 7, 2026), built from audited fundamentals. The current price: 1.66 MYR.
What is the quality score of 6888?
Axiata Group Bhd has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Axiata Group Bhd (6888)?
Our model-based price target is the fair value of 1.14 MYR (as of Nov 7, 2026) from 24 valuation models. Cautious scenario 0.8500 MYR, optimistic scenario 1.53 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Axiata Group Bhd stock forecast for 2026?
Our models put fair value at 1.14 MYR, about 31% lower versus a price of 1.66 MYR (overvalued). Cautious scenario 0.8500 MYR, optimistic scenario 1.53 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Axiata Group Bhd (6888)?
Axiata Group Bhd reported trailing-twelve-month revenue of about 11.6B MYR (latest available figure, as of Nov 7, 2026).
Does Axiata Group Bhd pay a dividend?
Axiata Group Bhd currently shows a dividend yield of 6.33% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Axiata Group Bhd (6888) and when is the ex-dividend date?
Axiata Group Bhd pays a dividend of 0.105 MYR per share a year, a dividend yield of 6.3%. The last ex-dividend date was Oct 13, 2026. A dividend has been paid every year since at least 2011. Free cash flow covers the dividend 2.79 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Axiata Group Bhd (6888)?
For today's price to be fair in a discounted-cash-flow model, Axiata Group Bhd would have to grow free cash flow by -3.4 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -13.4 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 6888 use?
Our models discount Axiata Group Bhd at 9.7 %: a base by market capitalisation (mid), damped by beta 0.38, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Axiata Group Bhd that is -3.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Axiata Group Bhd (6888) delivered so far?
Over the past 5 years revenue at Axiata Group Bhd grew -13.4 % a year. The price currently implies free-cash-flow growth of -3.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Axiata Group Bhd (6888) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Axiata Group Bhd (-3.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Axiata Group Bhd (6888)?
The free-cash-flow yield on the price is 17.61 %: that much free cash flow Axiata Group Bhd produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Axiata Group Bhd (6888)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Axiata Group Bhd it is 1.14 MYR per share (as of Nov 7, 2026), against a price of 1.66 MYR. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Axiata Group Bhd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 6888 trades above its calculated fair value: price 1.66 MYR, fair value 1.14 MYR, a gap of about −31% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 6888?
No. The price is what the market pays today (1.66 MYR); the fair value is what the company's own numbers justify (1.14 MYR). For Axiata Group Bhd the two are 0.5200 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Axiata Group Bhd worth?
The market values Axiata Group Bhd at about 15.3B MYR (market capitalisation, as of Nov 7, 2026). Per share that is 1.66 MYR; our models calculate a fair value of 1.14 MYR per share.
What do the bullish and bearish scenarios say about 6888?
Our models span a range for Axiata Group Bhd: cautious scenario 0.8500 MYR, base 1.14 MYR, optimistic 1.53 MYR per share (as of Nov 7, 2026, price 1.66 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6888?
Axiata Group Bhd trades at a price-to-earnings ratio of 166.0 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.14 MYR is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 34.1 (reported for FY2025: 41.8). Median P/E at fiscal year-end, 8 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 40.8. Other multiples: PEG 0.5, P/B 0.8, P/S 2.3, EV/EBITDA 7.3.
What is the PEG ratio of 6888?
The PEG ratio of Axiata Group Bhd is 0.46 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Axiata Group Bhd (6888)?
Balance-sheet figures for Axiata Group Bhd (as of Nov 7, 2026): return on equity 3.2%, debt of 0.41 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 6888 from its 52-week high?
Axiata Group Bhd trades at 1.66 MYR, about 36% below its 52-week high of 2.61 MYR and 8% above the low of 1.54 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1.14 MYR is for.
Which stocks are comparable to Axiata Group Bhd?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Axiata Group Bhd stock attractive at the current price?
The data as of Nov 7, 2026: price 1.66 MYR, calculated fair value 1.14 MYR (−31%), Quality Score 47/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 6888 calculated?
We run Axiata Group Bhd through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.14 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Axiata Group Bhd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Axiata Group Bhd (6888)?
The closing price on Nov 6, 2026 was 1.66 MYR. Our model-based fair value is 1.14 MYR, about 31% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Axiata Group Bhd right now?
The price sits above even our optimistic bull case (1.53 MYR). The favourable scenario is already priced in. Weak quality (47/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (0.8500 MYR to 1.53 MYR) leaves room in how you read the outcome.
Where does the earnings growth of Axiata Group Bhd (6888) come from?
Earnings per share at Axiata Group Bhd grew −10.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.2 %, EBIT margin −0.6 %, tax rate −5.1 %, residual (interest, one-offs) −3.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Axiata Group Bhd
How large is the market capitalisation of Axiata Group Bhd (6888)?
The market capitalisation of Axiata Group Bhd is 15.3B MYR (≈ $3.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Axiata Group Bhd (6888)?
The price-to-sales ratio of Axiata Group Bhd is 1.32 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Axiata Group Bhd (6888)?
Earnings per share at Axiata Group Bhd are 0.0100 MYR (price ÷ EPS = P/E 166.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Axiata Group Bhd (6888)?
The dividend yield of Axiata Group Bhd is 6.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Axiata Group Bhd (6888)?
The net margin of Axiata Group Bhd is 2.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Axiata Group Bhd (6888)?
The return on equity (ROE) of Axiata Group Bhd is 3.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Axiata Group Bhd (6888)?
On an EBIT basis the return on assets of Axiata Group Bhd is 4.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Axiata Group Bhd (6888)?
The operating margin of Axiata Group Bhd is 18.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Axiata Group Bhd (6888)?
Revenue at Axiata Group Bhd is growing −3.2% versus a year earlier (3y avg −18.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Axiata Group Bhd (6888)?
Earnings per share at Axiata Group Bhd are growing −83.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Axiata Group Bhd (6888) carry?
The net debt of Axiata Group Bhd is 13.9B MYR (fiscal year 2025, ≈ 5.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 7, 2026