Elevator Pitch
Philippines-listed Globe Telecom (OTCPK:GTMEY) (OTCPK:GTMEF) [GLO:PM] is one of the two telecommunications companies operating in a duopoly in the Philippines, the other industry player is PLDT Inc. (PHI) (OTCPK:PHTCF) [TEL:PM].
Globe Telecom trades at 4.8 times consensus forward next twelve months EV/EBITDA. This represents a discount to both the stock's historical five-year average forward EV/EBITDA of approximately 6.5 times, and its peer PLDT's consensus forward next twelve months EV/EBITDA of 5.2 times. Globe Telecom also offers a trailing dividend yield of 4.7%.
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