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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | -46.7x - -51.7x | -49.2x |
Selected Fwd P/E Multiple | 66.6x - 73.6x | 70.1x |
Fair Value | Rp657.34 - Rp726.54 | Rp691.94 |
Upside | -27.4% - -19.7% | -23.5% |
Benchmarks | - | Full Ticker |
PT Fajar Surya Wisesa Tbk | - | IDX:FASW |
Vicostone Joint Stock Company | - | HNX:VCS |
PT Solusi Bangun Indonesia Tbk | - | IDX:SMCB |
Ha Tien 1 Cement Joint Stock Company | - | HOSE:HT1 |
PT Indocement Tunggal Prakarsa Tbk | - | IDX:INTP |
PT Cemindo Gemilang Tbk | - | IDX:CMNT |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
FASW | VCS | SMCB | HT1 | INTP | CMNT | |||
IDX:FASW | HNX:VCS | IDX:SMCB | HOSE:HT1 | IDX:INTP | IDX:CMNT | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | -9.1% | NM- | -37.2% | 1.8% | NM- | ||
3Y CAGR | NM- | -20.1% | 11.2% | -36.5% | 3.9% | -29.5% | ||
Latest Twelve Months | -76.6% | 0.1% | -4.4% | 9751.0% | 3.0% | -284.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -0.6% | 22.3% | 6.6% | 4.0% | 11.4% | 2.7% | ||
Prior Fiscal Year | -8.1% | 18.5% | 6.8% | 0.0% | 10.9% | -0.9% | ||
Latest Fiscal Year | -14.4% | 18.7% | 7.2% | 0.9% | 10.8% | 1.8% | ||
Latest Twelve Months | -14.4% | 18.7% | 6.3% | 0.9% | 10.8% | -2.3% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -41.2x | 7.6x | 4.6x | 7.2x | 4.4x | 18.3x | ||
Price / LTM Sales | 1.8x | 2.2x | 0.6x | 0.7x | 0.9x | 1.7x | ||
LTM P/E Ratio | -12.2x | 11.6x | 9.2x | 77.1x | 8.6x | -73.0x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -12.2x | 9.2x | 77.1x | |||||
Historical LTM P/E Ratio | -145.4x | 22.8x | 159.7x | |||||
Selected P/E Multiple | -46.7x | -49.2x | -51.7x | |||||
(x) LTM Net Income | (211,130) | (211,130) | (211,130) | |||||
(=) Equity Value | 9,869,147 | 10,388,576 | 10,908,005 | |||||
(/) Shares Outstanding | 17,125.5 | 17,125.5 | 17,125.5 | |||||
Implied Value Range | 576.28 | 606.61 | 636.95 | |||||
FX Rate: IDR/IDR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 576.28 | 606.61 | 636.95 | 905.00 | ||||
Upside / (Downside) | -36.3% | -33.0% | -29.6% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | FASW | VCS | SMCB | HT1 | INTP | CMNT | |
Value of Common Equity | 13,504,494 | 9,328,000 | 6,990,021 | 4,636,317 | 17,252,366 | 15,498,581 | |
(/) Shares Outstanding | 2,477.9 | 160.0 | 9,019.4 | 381.6 | 3,350.0 | 17,125.5 | |
Implied Stock Price | 5,450.00 | 58,300.00 | 775.00 | 12,150.00 | 5,150.00 | 905.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 5,450.00 | 58,300.00 | 775.00 | 12,150.00 | 5,150.00 | 905.00 | |
Trading Currency | IDR | VND | IDR | VND | IDR | IDR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |