View ValuationAstra Graphia 将来の成長Future 基準チェック /06現在、 Astra Graphiaの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Commercial Services 収益成長14.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.79t (US$98.7m) This is considered a minor 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: Minor Risks Dividend is not well covered by earnings (111% payout ratio). Market cap is less than US$100m (Rp1.79t market cap, or US$98.7m).Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: Rp51.52 (vs Rp34.93 in 1Q 2025)First quarter 2026 results: EPS: Rp51.52 (up from Rp34.93 in 1Q 2025). Revenue: Rp759.8b (up 5.3% from 1Q 2025). Net income: Rp69.5b (up 48% from 1Q 2025). Profit margin: 9.1% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 10PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026.Reported Earnings • Feb 25Full year 2025 earnings released: EPS: Rp201 (vs Rp152 in FY 2024)Full year 2025 results: EPS: Rp201 (up from Rp152 in FY 2024). Revenue: Rp2.99t (up 6.3% from FY 2024). Net income: Rp270.6b (up 32% from FY 2024). Profit margin: 9.0% (up from 7.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 33%After last week's 33% share price gain to Rp1,590, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 100% over the past three years.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: Rp55.67 (vs Rp50.71 in 3Q 2024)Third quarter 2025 results: EPS: Rp55.67 (up from Rp50.71 in 3Q 2024). Revenue: Rp735.8b (down 1.9% from 3Q 2024). Net income: Rp75.1b (up 9.7% from 3Q 2024). Profit margin: 10% (up from 9.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Oct 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Sidharta Utama was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 13PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp50.73 (vs Rp42.58 in 3Q 2023)Third quarter 2024 results: EPS: Rp50.73 (up from Rp42.58 in 3Q 2023). Revenue: Rp750.4b (down 2.0% from 3Q 2023). Net income: Rp68.4b (up 19% from 3Q 2023). Profit margin: 9.1% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: Rp39.16 (vs Rp31.05 in 2Q 2023)Second quarter 2024 results: EPS: Rp39.16 (up from Rp31.05 in 2Q 2023). Revenue: Rp676.7b (up 7.3% from 2Q 2023). Net income: Rp52.8b (up 26% from 2Q 2023). Profit margin: 7.8% (up from 6.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp21.74 (vs Rp18.56 in 1Q 2023)First quarter 2024 results: EPS: Rp21.74 (up from Rp18.56 in 1Q 2023). Revenue: Rp611.4b (down 10% from 1Q 2023). Net income: Rp29.3b (up 17% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: Rp105 (vs Rp71.96 in FY 2022)Full year 2023 results: EPS: Rp105 (up from Rp71.96 in FY 2022). Revenue: Rp2.97t (up 2.0% from FY 2022). Net income: Rp141.1b (up 45% from FY 2022). Profit margin: 4.8% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp42.61 (vs Rp24.39 in 3Q 2022)Third quarter 2023 results: EPS: Rp42.61 (up from Rp24.39 in 3Q 2022). Revenue: Rp765.4b (down 6.0% from 3Q 2022). Net income: Rp57.4b (up 75% from 3Q 2022). Profit margin: 7.5% (up from 4.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp31.06 (vs Rp11.57 in 2Q 2022)Second quarter 2023 results: EPS: Rp31.06 (up from Rp11.57 in 2Q 2022). Revenue: Rp630.4b (up 2.8% from 2Q 2022). Net income: Rp41.9b (up 168% from 2Q 2022). Profit margin: 6.6% (up from 2.5% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Buying Opportunity • Jul 07Now 21% undervaluedOver the last 90 days, the stock is up 4.4%. The fair value is estimated to be Rp1,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 26%.Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: Rp18.56 (vs Rp11.70 in 1Q 2022)First quarter 2023 results: EPS: Rp18.56 (up from Rp11.70 in 1Q 2022). Revenue: Rp682.5b (up 10% from 1Q 2022). Net income: Rp25.0b (up 59% from 1Q 2022). Profit margin: 3.7% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: Rp71.96 (vs Rp64.72 in FY 2021)Full year 2022 results: EPS: Rp71.96 (up from Rp64.72 in FY 2021). Revenue: Rp2.91t (down 12% from FY 2021). Net income: Rp97.1b (up 11% from FY 2021). Profit margin: 3.3% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp970, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 19x in the Commercial Services industry in Indonesia. Total loss to shareholders of 21% over the past three years.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: Rp64.72 (up from Rp35.42 in FY 2020). Revenue: Rp3.30t (down 1.5% from FY 2020). Net income: Rp87.3b (up 83% from FY 2020). Profit margin: 2.6% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS Rp14.05 (vs Rp9.44 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp742.4b (down 17% from 3Q 2020). Net income: Rp18.9b (up 49% from 3Q 2020). Profit margin: 2.6% (up from 1.4% in 3Q 2020). The increase in margin was driven by lower expenses. 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 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS Rp12.34 (vs Rp13.79 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: Rp639.9b (down 14% from 2Q 2020). Net income: Rp16.6b (down 11% from 2Q 2020). Profit margin: 2.6% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 16New 90-day high: Rp845The company is up 13% from its price of Rp745 on 18 September 2020. The Indonesian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.Is New 90 Day High Low • Nov 06New 90-day low: Rp665The company is down 1.0% from its price of Rp670 on 07 August 2020. The Indonesian market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 6.0% over the same period.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp184.7b, down 25% from the prior year. Total revenue was Rp4.37t over the last 12 months, up 5.3% from the prior year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Astra Graphia は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測IDX:ASGR - アナリストの将来予測と過去の財務データ ( )IDR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20263,029,334292,978407,798425,416N/A12/31/20252,990,788270,617363,564381,891N/A9/30/20253,037,594235,362474,310491,473N/A6/30/20253,052,127228,708358,396376,406N/A3/31/20252,924,184222,454437,602455,773N/A12/31/20242,814,262204,657427,891445,751N/A9/30/20242,928,977167,261319,450328,903N/A6/30/20242,944,045156,291272,160281,474N/A3/31/20242,897,816145,361149,151160,266N/A12/31/20232,968,952141,07385,13497,102N/A9/30/20232,942,764157,156117,832135,250N/A6/30/20232,991,346132,610102,866118,998N/A3/31/20232,974,072106,333248,785274,745N/A12/31/20222,909,97297,071253,937284,587N/A9/30/20223,345,464114,601543,909571,377N/A6/30/20223,273,825100,649588,169615,598N/A3/31/20223,300,566101,688433,045449,273N/A12/31/20213,299,10587,311606,594616,103N/A9/30/20212,999,69351,103610,898618,254N/A6/30/20213,153,23344,893609,676616,826N/A3/31/20213,255,94746,852502,536510,664N/A12/31/20203,348,87147,78389,212101,580N/A9/30/20204,371,465184,705119,283138,450N/A6/30/20204,666,396215,11468,30998,265N/A3/31/20204,751,318227,708197,958231,659N/A12/31/20194,771,800250,992N/A374,855N/A9/30/20194,145,271232,122N/A127,082N/A6/30/20193,957,333239,263N/A128,052N/A3/31/20194,169,849260,988N/A90,758N/A12/31/20184,069,975270,404N/A-244,298N/A9/30/20184,565,874259,223N/A192,166N/A6/30/20184,443,848273,682N/A22,158N/A3/31/20183,970,478258,768N/A108,109N/A12/31/20173,918,428257,225N/A533,399N/A9/30/20173,034,666254,715N/A60,068N/A6/30/20172,644,463231,286N/A153,424N/A3/31/20172,671,187245,043N/A91,789N/A12/31/20162,712,784255,112N/A47,905N/A9/30/20162,754,143241,576N/A172,496N/A6/30/20162,910,720262,991N/A115,073N/A3/31/20162,815,207261,164N/A37,037N/A12/31/20152,654,641265,120N/A261,997N/A9/30/20152,472,809245,992N/A106,573N/A6/30/20152,318,715248,046N/A167,323N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ASGRの予測収益成長が 貯蓄率 ( 6.7% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ASGRの収益がID市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ASGRの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ASGRの収益がID市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: ASGRの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ASGRの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 13:11終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PT Astra Graphia Tbk 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Erindra KrisnawanCGS InternationalAdi WicaksonoMaybank Research Pte. Ltd.Andri SiregarPT BNI Securities
New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.79t (US$98.7m) This is considered a minor 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: Minor Risks Dividend is not well covered by earnings (111% payout ratio). Market cap is less than US$100m (Rp1.79t market cap, or US$98.7m).
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: Rp51.52 (vs Rp34.93 in 1Q 2025)First quarter 2026 results: EPS: Rp51.52 (up from Rp34.93 in 1Q 2025). Revenue: Rp759.8b (up 5.3% from 1Q 2025). Net income: Rp69.5b (up 48% from 1Q 2025). Profit margin: 9.1% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 10PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026.
Reported Earnings • Feb 25Full year 2025 earnings released: EPS: Rp201 (vs Rp152 in FY 2024)Full year 2025 results: EPS: Rp201 (up from Rp152 in FY 2024). Revenue: Rp2.99t (up 6.3% from FY 2024). Net income: Rp270.6b (up 32% from FY 2024). Profit margin: 9.0% (up from 7.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 33%After last week's 33% share price gain to Rp1,590, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 100% over the past three years.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: Rp55.67 (vs Rp50.71 in 3Q 2024)Third quarter 2025 results: EPS: Rp55.67 (up from Rp50.71 in 3Q 2024). Revenue: Rp735.8b (down 1.9% from 3Q 2024). Net income: Rp75.1b (up 9.7% from 3Q 2024). Profit margin: 10% (up from 9.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Sidharta Utama was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 13PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp50.73 (vs Rp42.58 in 3Q 2023)Third quarter 2024 results: EPS: Rp50.73 (up from Rp42.58 in 3Q 2023). Revenue: Rp750.4b (down 2.0% from 3Q 2023). Net income: Rp68.4b (up 19% from 3Q 2023). Profit margin: 9.1% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.
Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: Rp39.16 (vs Rp31.05 in 2Q 2023)Second quarter 2024 results: EPS: Rp39.16 (up from Rp31.05 in 2Q 2023). Revenue: Rp676.7b (up 7.3% from 2Q 2023). Net income: Rp52.8b (up 26% from 2Q 2023). Profit margin: 7.8% (up from 6.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp21.74 (vs Rp18.56 in 1Q 2023)First quarter 2024 results: EPS: Rp21.74 (up from Rp18.56 in 1Q 2023). Revenue: Rp611.4b (down 10% from 1Q 2023). Net income: Rp29.3b (up 17% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: Rp105 (vs Rp71.96 in FY 2022)Full year 2023 results: EPS: Rp105 (up from Rp71.96 in FY 2022). Revenue: Rp2.97t (up 2.0% from FY 2022). Net income: Rp141.1b (up 45% from FY 2022). Profit margin: 4.8% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp42.61 (vs Rp24.39 in 3Q 2022)Third quarter 2023 results: EPS: Rp42.61 (up from Rp24.39 in 3Q 2022). Revenue: Rp765.4b (down 6.0% from 3Q 2022). Net income: Rp57.4b (up 75% from 3Q 2022). Profit margin: 7.5% (up from 4.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp31.06 (vs Rp11.57 in 2Q 2022)Second quarter 2023 results: EPS: Rp31.06 (up from Rp11.57 in 2Q 2022). Revenue: Rp630.4b (up 2.8% from 2Q 2022). Net income: Rp41.9b (up 168% from 2Q 2022). Profit margin: 6.6% (up from 2.5% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Buying Opportunity • Jul 07Now 21% undervaluedOver the last 90 days, the stock is up 4.4%. The fair value is estimated to be Rp1,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 26%.
Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: Rp18.56 (vs Rp11.70 in 1Q 2022)First quarter 2023 results: EPS: Rp18.56 (up from Rp11.70 in 1Q 2022). Revenue: Rp682.5b (up 10% from 1Q 2022). Net income: Rp25.0b (up 59% from 1Q 2022). Profit margin: 3.7% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: Rp71.96 (vs Rp64.72 in FY 2021)Full year 2022 results: EPS: Rp71.96 (up from Rp64.72 in FY 2021). Revenue: Rp2.91t (down 12% from FY 2021). Net income: Rp97.1b (up 11% from FY 2021). Profit margin: 3.3% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp970, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 19x in the Commercial Services industry in Indonesia. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: Rp64.72 (up from Rp35.42 in FY 2020). Revenue: Rp3.30t (down 1.5% from FY 2020). Net income: Rp87.3b (up 83% from FY 2020). Profit margin: 2.6% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS Rp14.05 (vs Rp9.44 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp742.4b (down 17% from 3Q 2020). Net income: Rp18.9b (up 49% from 3Q 2020). Profit margin: 2.6% (up from 1.4% in 3Q 2020). The increase in margin was driven by lower expenses. 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 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS Rp12.34 (vs Rp13.79 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: Rp639.9b (down 14% from 2Q 2020). Net income: Rp16.6b (down 11% from 2Q 2020). Profit margin: 2.6% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 16New 90-day high: Rp845The company is up 13% from its price of Rp745 on 18 September 2020. The Indonesian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.
Is New 90 Day High Low • Nov 06New 90-day low: Rp665The company is down 1.0% from its price of Rp670 on 07 August 2020. The Indonesian market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 6.0% over the same period.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp184.7b, down 25% from the prior year. Total revenue was Rp4.37t over the last 12 months, up 5.3% from the prior year.