Buy Or Sell Opportunity • Jun 09
Now 24% overvalued Over the last 90 days, the stock has fallen 6.4% to Rp292. The fair value is estimated to be Rp235, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Meanwhile, the company became loss making. Annonce • May 19
PT Indo Straits Tbk, Annual General Meeting, Jun 19, 2026 PT Indo Straits Tbk, Annual General Meeting, Jun 19, 2026. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$0 (vs US$0 in 1Q 2025) First quarter 2026 results: EPS: US$0 (in line with 1Q 2025). Revenue: US$2.94m (down 5.2% from 1Q 2025). Net income: US$27.3k (up 120% from 1Q 2025). Profit margin: 0.9% (up from 0.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2025 earnings released: US$0.001 loss per share (vs US$0 in FY 2024) Full year 2025 results: US$0.001 loss per share (further deteriorated from US$0 in FY 2024). Revenue: US$12.9m (down 15% from FY 2024). Net loss: US$432.5k (down 457% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Jan 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp158.4b (US$9.51m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp158.4b market cap, or US$9.51m). Minor Risk Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: US$0 (vs US$0 in 3Q 2024) Third quarter 2025 results: EPS: US$0 (in line with 3Q 2024). Revenue: US$3.81m (up 37% from 3Q 2024). Net income: US$7.3k (down 82% from 3Q 2024). Profit margin: 0.2% (down from 1.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Board Change • Oct 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Mohammad Basarah was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Jun 04
PT Indo Straits Tbk, Annual General Meeting, Jun 25, 2025 PT Indo Straits Tbk, Annual General Meeting, Jun 25, 2025. Location: gedung samudera kirana lt 15 suites 1501 jl, yos sudarso kav 88 sunter tanjung priok, kota adm jakarta utara dki, Indonesia Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp292, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 8x in the Infrastructure industry in Indonesia. Total loss to shareholders of 27% over the past three years. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0 (vs US$0.001 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0 (improved from US$0.001 loss in 3Q 2023). Revenue: US$2.79m (up 34% from 3Q 2023). Net income: US$39.5k (up US$461.3k from 3Q 2023). Profit margin: 1.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • May 11
PT Indo Straits Tbk, Annual General Meeting, May 31, 2024 PT Indo Straits Tbk, Annual General Meeting, May 31, 2024. New Risk • Apr 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (25% accrual ratio). Market cap is less than US$10m (Rp89.7b market cap, or US$5.56m). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to Rp163, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Infrastructure industry in Indonesia. Total loss to shareholders of 47% over the past three years. New Risk • Feb 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp156.2b (US$10.00m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (43% accrual ratio). Market cap is less than US$10m (Rp156.2b market cap, or US$10.00m). New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (Rp183.8b market cap, or US$11.8m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp364, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 8x in the Infrastructure industry in Indonesia. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp332, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 9x in the Infrastructure industry in Indonesia. Total returns to shareholders of 110% over the past three years. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: US$0 (vs US$0 in 2Q 2022) Second quarter 2023 results: EPS: US$0 (in line with 2Q 2022). Revenue: US$2.33m (down 58% from 2Q 2022). Net income: US$44.8k (down 70% from 2Q 2022). Profit margin: 1.9% (down from 2.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to Rp496, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 10x in the Infrastructure industry in Indonesia. Total returns to shareholders of 202% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to Rp580, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Infrastructure industry in Indonesia. Total returns to shareholders of 231% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Rp408, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 10x in the Infrastructure industry in Indonesia. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 50% After last week's 50% share price gain to Rp422, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 10x in the Infrastructure industry in Indonesia. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp600, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 9x in the Infrastructure industry in Indonesia. Total returns to shareholders of 838% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp490, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 10x in the Infrastructure industry in Indonesia. Total returns to shareholders of 666% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp288, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 12x in the Infrastructure industry in Indonesia. Total returns to shareholders of 197% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to Rp316, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 12x in the Infrastructure industry in Indonesia. Total returns to shareholders of 300% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp450, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 12x in the Infrastructure industry in Indonesia. Total returns to shareholders of 244% over the past three years. Buying Opportunity • Jan 10
Now 22% undervalued Over the last 90 days, the stock is up 130%. The fair value is estimated to be Rp656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 43%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 21% share price gain to Rp294, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 11x in the Infrastructure industry in Indonesia. Total returns to shareholders of 68% over the past three years. Reported Earnings • Dec 04
Third quarter 2022 earnings released: EPS: US$0.001 (vs US$0 in 3Q 2021) Third quarter 2022 results: EPS: US$0.001 (up from US$0 in 3Q 2021). Revenue: US$5.61m (up 94% from 3Q 2021). Net income: US$400.2k (up US$359.1k from 3Q 2021). Profit margin: 7.1% (up from 1.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 22% share price gain to Rp280, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 12x in the Infrastructure industry in Indonesia. Total returns to shareholders of 60% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Mohammad Basarah was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 42% share price gain to Rp282, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 13x in the Infrastructure industry in Indonesia. Total returns to shareholders of 8.5% over the past three years. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 25% share price gain to Rp244, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 14x in the Infrastructure industry in Indonesia. Total loss to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 23% share price gain to Rp214, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 14x in the Infrastructure industry in Indonesia. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to Rp167, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 17x in the Infrastructure industry in Indonesia. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 15% share price gain to Rp194, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 19x in the Infrastructure industry in Indonesia. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 22% share price gain to Rp195, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 18x in the Infrastructure industry in Indonesia. Total loss to shareholders of 26% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Mohammad Basarah was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Full year 2021 earnings released: EPS: US$0 (vs US$0 in FY 2020) Full year 2021 results: EPS: US$0 (vs US$0 in FY 2020). Revenue: US$12.6m (up 3.0% from FY 2020). Net income: US$117.2k (up US$113.4k from FY 2020). Profit margin: 0.9% (up from 0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 18% share price gain to US$330, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 36x in the Infrastructure industry in Indonesia. Total returns to shareholders of 4.4% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$260, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 34x in the Infrastructure industry in Indonesia. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 52% share price gain to US$326, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 35x in the Infrastructure industry in Indonesia. Total loss to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 45% share price gain to US$240, the stock is trading at a trailing P/E ratio of 53.3x, up from the previous P/E ratio of 36.8x. This compares to an average P/E of 36x in the Infrastructure industry in Indonesia. Total return to shareholders over the past three years is a loss of 31%. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 38% share price gain to US$208, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 34.6x. This compares to an average P/E of 36x in the Infrastructure industry in Indonesia. Total return to shareholders over the past three years is a loss of 60%. Is New 90 Day High Low • Feb 11
New 90-day low: Rp150 The company is down 8.0% from its price of Rp163 on 13 November 2020. The Indonesian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 19% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: Rp137 The company is down 16% from its price of Rp163 on 22 July 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 13% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: Rp142 The company is down 21% from its price of Rp180 on 03 July 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 18% over the same period.