Latest news for Magyar Telekom (OTC:MYTAY) Stock

MAGYAR TELEKOM ADS

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

MAGYAR TELEKOM TELECM ADR by Magyar Telekom Telecommunications Plc.

Magyar Telekom PLC

News

Legal

mytay

Deutsche Telecom and Magyar Telekom Settles Case for $95 Million

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság 2023 Q4 - Results - Earnings Call Presentation

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (MYTAY) Q4 2023 Earnings Call Transcript

The telecom sector is experiencing growth driven by a growing demand for high-speed internet, innovative infrastructure, and the surge in data consumption. Therefore, investors could consider buying fundamentally strong telecom stocks such as Telefônica Brasil (VIV), Magyar Telekom (MYTAY), and Spok Holdings (SPOK). Read more... The telecom sector's prospects appear promising thanks to rapid digitalization initiatives, increased demand for high-speed internet, growing adoption of 5G, and the increasing utilization of technologies such as the Internet of Things (IoT) and artificial intelligence (AI).
Considering these factors, it could be wise to buy fundamentally strong telecom stocks Telefônica Brasil S.A. (<a href="https://stocknews.com/stock/VIV/">VIV</a>), Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (<a href="https://stocknews.com/stock/MYTAY/">MYTAY</a>), and Spok Holdings, Inc. (<a href="https://stocknews.com/stock/SPOK/">SPOK</a>) for potential gains this month.
Before delving deeper into their fundamentals, let's discuss why the telecom industry is well-positioned for growth.
The telecom industry provides essential services that billions of consumers depend on daily. The industry's growth is driven by the shift towards 5G, the need for better connectivity solutions and enhanced multimedia applications, and the growing importance of data privacy and security.
The global telecom market is projected to grow at a <a href="https://www.skyquestt.com/report/telecommunication-market">CAGR of 6.2%</a> to reach $3.10 trillion by 2030. This growth is expected to be driven by the demand for better and faster connectivity standards in critical sectors such as e-commerce, media and entertainment, IT and telecom, healthcare, and transportation and logistics.
Telecommunication companies are utilizing technologies such as AI for communication automation and agility. They are also leveraging AI to enhance customer experience, network operation monitoring and management, fraud mitigation, predictive maintenance, and cybersecurity. The global telecom AI market is forecasted to reach $11.29 billion by 2030, exhibiting a growth of <a href="https://finance.yahoo.com/news/global-ai-telecommunication-market-size-143800452.html">28.2% CAGR</a>.
Investors' interest in telecom stocks is evident from the Vanguard Communication Services Index Fund ETF Shares' (<a href="https://stocknews.com/stock/VOX/">VOX</a>) 41% returns over the past year.
Considering these conducive trends, let's assess the fundamentals of the three telecom industry picks.
Telefônica Brasil S.A. (<a href="https://stocknews.com/stock/VIV/">VIV</a>)
Headquartered in São Paulo, Brazil, VIV and its subsidiaries operate as a mobile telecommunications company in Brazil. Its fixed-line services portfolio includes local, domestic, long-distance, and international long-distance calls. The mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/r/returnonequity.asp">Return on Common Equity</a>, VIV's 7.29% is 144.1% higher than the 2.99% industry average. Its 4.17% trailing-12-month Return on Total Assets is 249.1% higher than the 1.19% industry average. Likewise, the stock's 5.89% trailing-12-month Return on Total Capital is 82.4% higher than the 3.23% industry average.
VIV's net operating revenue for the fiscal fourth quarter that ended December 31, 2024, increased 6.9% year-over-year to R$13.54 billion ($2.70 billion).  Its EBITDA rose 9.9% year-over-year to R$5.75 billion ($1.15 billion). Also, its net income and EPS grew 42.1% and 42.8% over the prior-year quarter to R$1.60 billion ($318.93 million) and R$0.97, respectively.
Analysts expect VIV's revenue for the quarter ended March 31, 2024, to increase 6.4% year-over-year to $2.71 billion. Its EPS for fiscal 2024 is expected to increase 16.1% year-over-year to $0.71. Over the past year, the stock has gained 34.5% to close the last trading session at $10.07.
VIV's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Stability and a B for Growth and Quality. Within the A-rated <a href="https://stocknews.com/category/telecom-foreign/">Telecom - Foreign</a> industry, it is ranked #3 out of 44 stocks. To see VIV's Value, Momentum, and Sentiment ratings, <a href="https://stocknews.com/stock/VIV/">click here</a>.
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (<a href="https://stocknews.com/stock/MYTAY/">MYTAY</a>) 
Headquartered in Budapest, Hungary, MYTAY provides fixed-line and mobile telecommunication services for residential and small business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. The company operates in the MT-Hungary and North Macedonia segments.
In terms of the trailing-12-month net income margin, MYTAY's 9.30% is 243.2% higher than the 2.71% industry average. Its 11.79% trailing-12-month Capex / Sales is 207.3% higher than the 3.84% industry average. Likewise, the stock's 5.39% trailing-12-month Return on Total Assets is 352% higher than the 1.19% industry average.
For the fiscal fourth quarter that ended December 31, 2023, MYTAY's revenue increased 15.1% year-over-year to HUF229.19 billion ($626.81 million). The company's gross profit increased 15.8% year-over-year to HUF122.48 billion ($334.97 million).
For the same quarter, its operating profit grew 29.6% from the year-ago value to HUF36.81 billion ($100.67 million). Also, its adjusted profit attributable to owners of the parent came in at HUF25.79 billion ($70.63 million), up 50.5% over the prior-year quarter.
Street expects MYTAY's revenue for the fiscal year ending December 31, 2024, to increase 8.3% year-over-year to $2.57 billion. Over the past year, the stock has gained 136.1% to close the last trading session at $12.16.
MYTAY's solid prospects are reflected in its POWR Ratings. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
It has an A grade for Value and Stability and a B for Growth, Sentiment, and Quality. It is ranked first in the Telecom - Foreign industry. <a href="https://stocknews.com/stock/MYTAY/">Click here</a> to see MYTAY's rating for Momentum.
Spok Holdings, Inc. (<a href="https://stocknews.com/stock/SPOK/">SPOK</a>) 
SPOK provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to improve patient outcomes and provides GenA Pager, a one-way alphanumeric pager.
In terms of the trailing-12-month gross profit margin, SPOK's 70.37% is 42.3% higher than the 49.45% industry average. Its 15.68% trailing-12-month EBIT margin is 89.1% higher than the 8.29% industry average. Likewise, the stock's 11.26% trailing-12-month levered FCF margin is 38.2% higher than the 8.14% industry average.
SPOK's total revenue for the fourth quarter that ended December 31, 2023, increased 2.1% year-over-year to $33.95 million. Likewise, its net income and net income per share stood at $3.37 million and $0.17, respectively. In addition, its adjusted EBITDA rose 15.3% year-over-year to $6.51 million.
For the quarter ended March 31, 2024, SPOK's EPS and revenue are expected to increase 46.7% and 5% year-over-year to $0.22 and $34.84 million, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 59.7% to close the last trading session at $15.95.
It's no surprise that SPOK has an overall rating of B, which translates to a Buy in our proprietary POWR Ratings system.
It has an A grade for Quality. It is ranked first out of 16 stocks in the <a href="https://stocknews.com/category/telecom-domestic/">Telecom - Domestic</a> industry. Beyond what we stated above, we also have given SPOK grades for Growth, Value, Momentum, Stability, and Sentiment. Get all the SPOK ratings <a href="https://stocknews.com/stock/SPOK/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
VIV shares were trading at $10.14 per share on Monday morning, up $0.11 (+1.10%). Year-to-date, VIV has declined -7.31%, versus a 10.54% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/viv-mytay-spok-3-telecom-stocks-building-gains-in-april/>3 Telecom Stocks Building Gains in April</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Telecom Stocks Building Gains in April

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság goes ex dividend tomorrow

Magyar Telekom reports Q1 results

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság 2024 Q1 - Results - Earnings Call Presentation

The telecom industry is set for substantial growth, driven by increasing demand for high-speed connectivity, ongoing innovations, and the rapid expansion of 5G networks. Hence, investors might consider buying fundamentally strong telecom stocks Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia (TLK), Millicom International Cellular (TIGO), and Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (MYTAY), which look poised for a bullish run. Read on... The telecom sector's future looks promising with wireless network adoption, infrastructure investments, and ongoing innovations. It's crucial for on-demand connectivity, supporting seamless communication and digital transformation. The industry thrives on expanding 5G networks, the digital economy's growth, and increased smartphone and smart electronics usage.
Considering these factors, it could be wise to buy quality telecom stocks Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (<a href="https://stocknews.com/stock/TLK/">TLK</a>), Millicom International Cellular S.A. (<a href="https://stocknews.com/stock/TIGO/">TIGO</a>), and Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (<a href="https://stocknews.com/stock/MYTAY/">MYTAY</a>) poised for bullish run.
Telecom companies emphasize security, cloud technology, AI, and collaboration tools to meet diverse connectivity needs, boosting their positive outlook. Additionally, enterprises in sectors like healthcare, manufacturing, and retail are adopting private wireless networks for premium connectivity solutions. The global telecommunication market is projected to grow at a <a href="https://www.skyquestt.com/report/telecommunication-markethttps:/www.skyquestt.com/report/telecommunication-market">CAGR of 6.2%</a>, reaching $3.10 trillion by 2030.
In this digital era, services like OTT, messaging, and e-commerce demand fast connectivity. Advancements in 5G technology have improved network speed, capacity, and reliability, boosting sector growth. Companies are also exploring "<a href="https://www.cnbc.com/2024/03/04/telcos-are-barely-done-rolling-out-5g-networks-and-theyre-already-talking-about-5point5g.html">5.5G</a>," a faster version of 5G. The GSM Association projects that 5G networks will have over <a href="https://www.ilink-digital.com/insights/blog/telecom-industry-tech-trends-shaping-the-future-in-2024/">1.10 billion</a> subscribers globally by 2025.
On top of it, AI is transforming the telecom sector by streamlining network management, automating customer service, enhancing predictive maintenance, and improving cost savings and cybersecurity. Its use in the global telecommunication market is forecasted to hit $21.20 billion by 2030, growing at a <a href="https://www.kbvresearch.com/ai-in-telecommunication-market/">40.4% CAGR</a>.
Considering these conducive trends, let's analyze the fundamentals of the three stocks from the <a href="https://stocknews.com/category/telecom-foreign/">Telecom – Foreign</a> industry, beginning with the third choice.
Stock #3: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (<a href="https://stocknews.com/stock/TLK/">TLK</a>)
Headquartered in Bandung, Indonesia, TLK provides information and communications technology and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/r/returnonequity.asp">Return on Common Equity</a>, TLK's 17.34% is 456.1% higher than the 3.12% industry average. Its 8.35% trailing-12-month Return on Total Assets is 604.9% higher than the 1.18% industry average. Likewise, the stock's 12.75% trailing-12-month Return on Total Capital is 258.3% higher than the 3.56% industry average.
TLK's revenues for the three months ended March 31, 2024, increased 3.7% year-over-year to Rp37.43 trillion ($2.30 billion). The company's profit for the period and profit per ADS stood at Rp7.82 trillion ($480.78 million) and Rp61.10, respectively.
Additionally, as of March 31, 2024, TLK's total current assets amounted to Rp58.78 trillion ($3.61 billion) compared to Rp55.61 trillion ($3.42 billion) as of December 31, 2023.
Analysts expect TLK's revenue for the quarter ending September 30, 2024, to increase marginally year-over-year to $2.39 billion. Its EPS for fiscal 2024 is expected to grow 1.6% year-over-year to $1.72. Over the past month, TLK's stock has declined 4% to close the last trading session at $18.70.
TLK's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Stability, and Quality. Within the A-rated <a href="https://stocknews.com/category/telecom-foreign/">Telecom - Foreign</a> industry, it is ranked #8 out of 45 stocks. To see TLK's Growth, Value, Momentum, and Sentiment ratings, <a href="https://stocknews.com/stock/TLK/">click here</a>.
Stock #2: Millicom International Cellular S.A. (<a href="https://stocknews.com/stock/TIGO/">TIGO</a>)
Headquartered in Luxembourg, TIGO provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, as well as short message services; along with mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.
In terms of the trailing-12-month EBITDA margin, TIGO's 35.13% is 89.1% higher than the 18.58% industry average. Its 12.41% trailing-12-month Capex / Sales is 232% higher than the 3.74% industry average. Likewise, the stock's 15.97% trailing-12-month EBIT margin is 77.8% higher than the 8.98% industry average.
In the fourth quarter, which ended on March 31, 2024, TIGO's revenue increased 8.6% year-over-year to $1.49 billion. It reported an operating profit of $324 million, up 70.6% from the year-ago value. The company's net profit grew substantially from the year-ago quarter to $92 million. Also, its EBITDA grew 24.5% year-over-year to $632 million.
For the quarter ending June 30, 2024, TIGO's revenue is expected to increase 5.9% year-over-year to $1.48 billion. Its EPS for fiscal 2024 is expected to increase considerably year-over-year to $1.92. Over the past nine months, the stock has gained 62.2% to close the last trading session at $25.22.
TIGO's solid prospects are reflected in its POWR Ratings. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
It has an A grade for Growth, and Sentiment and a B for Stability, and Quality. It is ranked #2 in the same industry. <a href="https://stocknews.com/stock/TIGO/">Click here</a> to see TIGO's Value, and Momentum ratings.
Stock #1: Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (<a href="https://stocknews.com/stock/MYTAY/">MYTAY</a>)
Headquartered in Budapest, Hungary, MYTAY provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through the MT-Hungary and North Macedonia segments.
In terms of the trailing-12-month Capex / Sales, MYTAY's 11.29% is 202.1% higher than the 3.74% industry average. Its 0.60x trailing-12-month asset turnover ratio is 21.4% higher than the 0.50x industry average. Likewise, the stock's 14% trailing-12-month Return on Common Equity is 349.2% higher than the 3.12% industry average.
For the fiscal first quarter that ended March 31, 2024, MYTAY's revenue increased 14.5% year-over-year to HUF224.23 billion ($622.81 million). The company's gross profit increased 18.7% year-over-year to HUF135.46 billion ($376.24 million).
For the same quarter, its operating profit grew 101.8% from the year-ago value to HUF49.34 billion ($137.05 million). Also, its adjusted profit attributable to owners of the parent came in at HUF38.05 billion ($105.70 million), up 213.7% over the prior-year quarter.
Street expects MYTAY's fiscal 2025 revenue to increase 10% year-over-year to $2.61 billion. It surpassed the Street revenue estimates in three of the trailing four quarters. Over the past year, the stock has gained 130.4% to close the last trading session at $13.78.
It's no surprise that MYTAY has an overall rating of A, which translates to a Strong Buy in our proprietary POWR Ratings system.
It has an A grade for Stability, and Sentiment and a B for Growth, Value, and Quality. It is ranked first in the Telecom – Foreign industry. Beyond what we stated above, we also have given MYTAY grades for Momentum. Get all the MYTAY ratings <a href="https://stocknews.com/stock/MYTAY/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
TLK shares were trading at $18.61 per share on Wednesday afternoon, up $0.12 (+0.65%). Year-to-date, TLK has declined -24.51%, versus a 12.68% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/tlk-tigo-mytay-3-telecommunication-stocks-poised-for-a-bullish-run/>3 Telecommunication Stocks Poised for a Bullish Run</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Telecommunication Stocks Poised for a Bullish Run

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. Over the past year, Magyar Telekom's share price increased about 157%.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Magyar Telekom

News

Latest news for Magyar Telekom (OTC:MYTAY) Stock

Tuesday, March 24, 2020