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Celcomdigi Berhad, an investment holding company, (6947) Fair Value & Analysis

Communication Services · MY · Market cap 35.0B MYR

CB Celcomdigi Berhad, an investment holding company, 6947 · KLSE
Price2.90 MYR
Fair Value2.84 MYR
Upside-2.1%
Quality54/100
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Healthy Growth
Solidly profitable · 11.9% net margin
Low debt · generates free cash flow
4.83% dividend yield
Ranks above peers (11/15)
Wide moat 65/100
Evidence: High Range 1.80 MYR – 3.55 MYR Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 24 days ago

Share price −1.7% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (1.80 MYR to 3.55 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

4.03 MYR 2.65 MYR Fair Value 2.84 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 2.65 MYR – 4.03 MYR · fair‑value band 1.80 MYR – 3.55 MYR · the 2.90 MYR price screens above the 2.84 MYR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Celcomdigi Berhad, an investment holding company, (6947) currently trades at 2.90 MYR, while our model-based Fair Value estimate is 2.84 MYR, implying the stock looks roughly 2.1% fairly valued today. The Quality Score stands at 54/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Celcomdigi Berhad, an investment holding company, generated revenue of 13.0B MYR at a net margin of 11.9%. Revenue declined 0.2% year over year. It earns a return on equity of 9.7%. Net debt stands at 12.8B MYR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 1.80 MYR (bear case) to 3.55 MYR (bull case); at 2.90 MYR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at -2%, 6947 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 1.84 MYR 2.98 MYR 4.61 MYR 80
Residual Income 1.18 MYR 1.30 MYR 1.72 MYR 76
Rev-Margin DCF 1.70 MYR 3.04 MYR 4.57 MYR 74
All 26 models by family
DCF Models
FCF DCF 1.80 MYR 3.08 MYR 5.03 MYR 38
Owner Earnings 2.09 MYR 3.54 MYR 5.73 MYR 31
5Y Revenue Exit 1.70 MYR 3.03 MYR 4.73 MYR 39
5Y EBITDA Exit 3.37 MYR 6.14 MYR 9.37 MYR 41
5Y P/E Exit 1.49 MYR 2.65 MYR 3.85 MYR 38
10Y Revenue Exit 1.64 MYR 2.87 MYR 4.49 MYR 36
10Y EBITDA Exit 2.77 MYR 5.01 MYR 8.02 MYR 37
10Y P/E Exit 1.58 MYR 2.60 MYR 3.82 MYR 35
Earnings-Based
Graham-Dodd 0.8800 MYR 2.67 MYR 3.54 MYR 54
Lynch FV 0.5700 MYR 0.8200 MYR 1.06 MYR 50
PEG = 1.0 0.5700 MYR 0.8200 MYR 1.06 MYR 46
EPV 2.37 MYR 2.86 MYR 3.28 MYR 59
Dividend Discount
Gordon GGM 1.36 MYR 2.83 MYR 4.48 MYR 70
DDM Multi-Stage 1.36 MYR 2.22 MYR 2.97 MYR 61
Multiples
P/E Multiple 2.13 MYR 2.84 MYR 3.55 MYR 63
P/S Multiple 1.64 MYR 2.19 MYR 2.74 MYR 58
P/B Multiple 1.64 MYR 2.19 MYR 2.74 MYR 55
EV/EBIT 3.72 MYR 5.14 MYR 6.57 MYR 53
EV/EBITDA 4.81 MYR 6.60 MYR 8.39 MYR 54
EV/Revenue 1.76 MYR 2.75 MYR 3.75 MYR 43
Asset-Based
NCAV (Graham) 0.6800 MYR 0.9100 MYR 1.35 MYR 50
Growth DCF
Growth DCF 1.84 MYR 2.98 MYR 4.61 MYR 80
Rev-Margin DCF 1.70 MYR 3.04 MYR 4.57 MYR 74
Economic Profit
Residual Income 1.18 MYR 1.30 MYR 1.72 MYR 76
ROIC Compounder 2.55 MYR 3.39 MYR 4.39 MYR 72
Growth Earnings
Growth-Adj P/E 1.74 MYR 2.48 MYR 3.23 MYR 68

Widest divergence: DCF Models (3.03 MYR) versus Earnings-Based (0.8200 MYR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 13.0B MYR
Revenue growth (YoY) -0.2%
Net margin 11.9%
Return on equity 9.7%
Free cash flow 2.4B MYR FY2025
P/E ratio 22.9
More key figures
Operating margin 34.5%
EPS (TTM) 0.1300 MYR
Dividend yield 4.8%
EPS growth (YoY) +8.9%
Net debt 12.8B MYR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 44

Profitability 40
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Celcomdigi Berhad, an investment holding company, provides mobile communication services and related products in Malaysia.

Full company description

Celcomdigi Berhad, an investment holding company, provides mobile communication services and related products in Malaysia. It engages in the establishment, maintenance, and provision of telecommunication and related services; trading and distribution of communication devices and related products; managing retail stores; and fibre optic transmission network and property investment activities. The company also offers e-commerce, and digital services and solutions; telecommunication infrastructure services; cybersecurity, networking, information, and communication solutions; business management and integration systems; and strategic and business development, management, and administrative support services. In addition, it provides network communications, capacity, and services; mobile communications and network transmission related services; network and application services; and content solutions. Further, the company deals in marketable securities; and offers software consultancy services. The company was formerly known as Digi.Com Berhad and changed its name to Celcomdigi Berhad in February 2023. Celcomdigi Berhad was founded in 1995 and is headquartered in Petaling Jaya, Malaysia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Celcomdigi Berhad, an investment holding company, reported revenue of 13.0B MYR in FY2025 versus 6.3B MYR in FY2021, a compound +19.6%/yr. Reported net income was 1.5B MYR in FY2025, compounding +6.8%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
13.0B MYR
Latest YoY
+2.2%
Avg. growth/yr (3Y)
+24.1%
Avg. growth/yr (5Y)
+16.1%
Avg. growth/yr (20Y)
+7.8%
Revenue +19.6%/yr
FY21 6.3B MYR
FY22 6.8B MYR
FY23 12.7B MYR
FY24 12.7B MYR
FY25 13.0B MYR
Net income +6.8%/yr
FY21 1.2B MYR
FY22 848M MYR
FY23 1.6B MYR
FY24 1.4B MYR
FY25 1.5B MYR

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Cite: Fair Value Calculator (2026). "Celcomdigi Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/6947

Peer Group

Telecom Services · 252 stocks

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.

Quality Score 54 · Above median
Fair Value upside −2% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Above median
Operating margin (TTM) 34% · Top 25%
Revenue growth -0% · Below median
Dividend yield (TTM) 4.8% · Above median
Debt / equity 0.47× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 22.9× · Pricier than median
P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.66× · Cheaper than median
P/FCF 3.5× · Pricier than median
EV/EBITDA 2.8× · Cheaper than 75% of peers
PEG 1.08× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 31 · sector 30
FUTURE 0 · sector 15
PAST 39 · sector 28
HEALTH 77 · sector 89
DIVIDEND 97 · sector 72

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is Celcomdigi Berhad, an investment holding company, (6947) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 2.84 MYR versus a price of 2.90 MYR, about −2% (fairly valued).
What is the fair value of 6947?
Our model-based fair value for Celcomdigi Berhad, an investment holding company, is 2.84 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 2.90 MYR.
What is the quality score of 6947?
Celcomdigi Berhad, an investment holding company, has a Quality Score of 54/100. 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 revenue of Celcomdigi Berhad, an investment holding company, (6947)?
Celcomdigi Berhad, an investment holding company, reported trailing-twelve-month revenue of about 13.0B MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 6947?
The net profit margin of Celcomdigi Berhad, an investment holding company, is about 11.9%, meaning it keeps roughly 11.9% of revenue as net income. Based on the latest reported figures.
Does Celcomdigi Berhad, an investment holding company, pay a dividend?
Celcomdigi Berhad, an investment holding company, currently shows a dividend yield of about 5.18% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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