Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
Metrics | Range | Conclusion |
---|---|---|
Selected LTM EBIT Multiple | 2.0x - 2.2x | 2.1x |
Selected Fwd EBIT Multiple | 1.0x - 1.1x | 1.1x |
Fair Value | Rp320.96 - Rp337.26 | Rp329.11 |
Upside | -38.9% - -35.8% | -37.3% |
Benchmarks | Ticker | Full Ticker |
PT Total Bangun Persada Tbk | TOTL | IDX:TOTL |
PT PP Presisi Tbk | PPRE | IDX:PPRE |
PT Benteng Api Technic Tbk | BATR | IDX:BATR |
PT Indonesia Pondasi Raya Tbk | IDPR | IDX:IDPR |
PT Jaya Konstruksi Manggala Pratama Tbk | JKON | IDX:JKON |
PT Nusa Raya Cipta Tbk | NRCA | IDX:NRCA |
- | - | - |
Select LTM EBIT Multiple | |||||||
Benchmark Companies | |||||||
TOTL | PPRE | BATR | IDPR | JKON | NRCA | ||
IDX:TOTL | IDX:PPRE | IDX:BATR | IDX:IDPR | IDX:JKON | IDX:NRCA | ||
Historical EBIT Growth | |||||||
5Y CAGR | 9.1% | -4.5% | NM- | 35.5% | -15.6% | 4.9% | |
3Y CAGR | 63.2% | 17.1% | 39.5% | NM- | 8.4% | 15.9% | |
Latest Twelve Months | 65.8% | 34.8% | NM | -33.3% | -56.6% | 8.6% | |
Historical EBIT Profit Margin | |||||||
5 Year Average Margin | 4.7% | 15.1% | 14.8% | -8.6% | 4.6% | 5.7% | |
Prior Fiscal Year | 4.3% | 14.3% | 18.0% | 6.6% | 6.0% | 6.0% | |
Latest Fiscal Year | 8.6% | 16.3% | 19.9% | 6.6% | 3.4% | 5.1% | |
Latest Twelve Months | 9.2% | 16.6% | 20.6% | 6.3% | 2.9% | 5.3% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 0.20x | 0.81x | 2.47x | 0.72x | 0.26x | 0.17x | |
EV / LTM EBITDA | 2.0x | 2.9x | 10.2x | 5.2x | 4.8x | 3.1x | |
EV / LTM EBIT | 2.2x | 4.9x | 12.0x | 11.4x | 8.8x | 3.3x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBIT | 2.2x | 8.8x | 12.0x | ||||
Historical EV / LTM EBIT | 1.6x | 3.0x | 7.5x | ||||
Selected EV / LTM EBIT | 2.0x | 2.1x | 2.2x | ||||
(x) LTM EBIT | 187,348 | 187,348 | 187,348 | ||||
(=) Implied Enterprise Value | 378,334 | 398,247 | 418,159 | ||||
(-) Non-shareholder Claims * | 402,235 | 402,235 | 402,235 | ||||
(=) Equity Value | 780,569 | 800,481 | 820,394 | ||||
(/) Shares Outstanding | 2,421.9 | 2,421.9 | 2,421.9 | ||||
Implied Value Range | 322.30 | 330.52 | 338.74 | ||||
FX Rate: IDR/IDR | 1.0 | 1.0 | 1.0 | Market Price | |||
Implied Value Range (Trading Cur) | 322.30 | 330.52 | 338.74 | 525.00 | |||
Upside / (Downside) | -38.6% | -37.0% | -35.5% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | TOTL | PPRE | BATR | IDPR | JKON | NRCA | |
Enterprise Value | 685,208 | 3,068,704 | 270,704 | 814,617 | (489,856) | 869,243 | |
(+) Cash & Short Term Investments | 1,519,440 | 428,110 | 23,216 | 20,361 | 405,283 | 507,830 | |
(+) Investments & Other | 183,999 | 7,811 | 0 | 0 | 1,470,605 | 65,581 | |
(-) Debt | (4,084) | (1,908,550) | (41,545) | (445,164) | (135,361) | (171,176) | |
(-) Other Liabilities | 2,438 | (999,219) | (1,297) | (7,241) | (43,840) | (0) | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 2,387,000 | 596,857 | 251,078 | 382,573 | 1,206,830 | 1,271,478 | |
(/) Shares Outstanding | 3,410.0 | 10,116.2 | 3,025.0 | 2,003.0 | 16,308.5 | 2,421.9 | |
Implied Stock Price | 700.00 | 59.00 | 83.00 | 191.00 | 74.00 | 525.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 700.00 | 59.00 | 83.00 | 191.00 | 74.00 | 525.00 | |
Trading Currency | IDR | IDR | IDR | IDR | IDR | IDR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |