View Financial HealthHillcon 配当と自社株買い配当金 基準チェック /36Hillcon配当を支払う会社であり、現在の利回りは46.67%です。主要情報46.7%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り46.7%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesReported Earnings • May 19Full year 2025 earnings released: Rp350 loss per share (vs Rp0.37 profit in FY 2024)Full year 2025 results: Rp350 loss per share (down from Rp0.37 profit in FY 2024). Revenue: Rp3.46t (down 12% from FY 2024). Net loss: Rp1.03t (down Rp1.04t 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 83 percentage points per year, which is a significant difference in performance.New Risk • Feb 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 18% 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 (18% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Market cap is less than US$100m (Rp855.0b market cap, or US$50.4m).Buy Or Sell Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to Rp109. The fair value is estimated to be Rp140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.New Risk • Feb 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.68t (US$99.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (Rp1.68t market cap, or US$99.2m).New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Share price has been volatile over the past 3 months (14% average weekly change).Buy Or Sell Opportunity • Jan 09Now 39% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to Rp218. The fair value is estimated to be Rp157, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 04Third quarter 2025 earnings released: Rp8.73 loss per share (vs Rp0.35 loss in 3Q 2024)Third quarter 2025 results: Rp8.73 loss per share (further deteriorated from Rp0.35 loss in 3Q 2024). Revenue: Rp627.3b (down 42% from 3Q 2024). Net loss: Rp107.7b (loss widened Rp102.5b from 3Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 32% growth forecast for the Metals and Mining industry in Indonesia.Price Target Changed • Oct 14Price target decreased by 26% to Rp200Down from Rp270, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of Rp190. Stock is down 56% over the past year. The company posted earnings per share of Rp0.37 last year.Board Change • Oct 14No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Independent President Commissioner Tan Liang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • May 19PT Hillcon Tbk, Annual General Meeting, Jun 24, 2025PT Hillcon Tbk, Annual General Meeting, Jun 24, 2025.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp3.80 (vs Rp10.97 in 2Q 2023)Second quarter 2024 results: EPS: Rp3.80 (down from Rp10.97 in 2Q 2023). Revenue: Rp854.8b (up 4.3% from 2Q 2023). Net income: Rp9.93b (down 69% from 2Q 2023). Profit margin: 1.2% (down from 3.9% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in Indonesia.New Risk • Jul 31New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). High level of non-cash earnings (78% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (5.6% net profit margin).New Risk • Jul 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 9.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (78% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.6% net profit margin).Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Rp2,400, the stock trades at a trailing P/E ratio of 20.2x. Average forward P/E is 22x in the Metals and Mining industry in Indonesia. Negligible returns to shareholders over past year.Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 64%After last week's 64% share price gain to Rp2,340, the stock trades at a trailing P/E ratio of 19.7x. Average forward P/E is 16x in the Metals and Mining industry in Indonesia. Total loss to shareholders of 31% over the past year.New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 9.6% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (74% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change).Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp1,620, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 21x in the Metals and Mining industry in Indonesia. Total loss to shareholders of 4.2% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Rp701 per share.Reported Earnings • Apr 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: Rp119. Revenue: Rp4.25t (up 30% from FY 2022). Net income: Rp351.1b (up 17% from FY 2022). Profit margin: 8.3% (down from 9.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Nov 29Third quarter 2023 earnings released: EPS: Rp38.26 (vs Rp27.90 in 3Q 2022)Third quarter 2023 results: EPS: Rp38.26 (up from Rp27.90 in 3Q 2022). Revenue: Rp1.14t (up 32% from 3Q 2022). Net income: Rp112.8b (up 61% from 3Q 2022). Profit margin: 9.9% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 62% decline forecast for the Metals and Mining industry in Indonesia.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to Rp2,440, the stock trades at a forward P/E ratio of 847x. Average forward P/E is 15x in the Metals and Mining industry in Indonesia.New Risk • Aug 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 121% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 121% per year for the foreseeable future. High level of non-cash earnings (56% accrual ratio). Minor Risks High level of debt (45% net debt to equity). Profit margins are more than 30% lower than last year (8.5% net profit margin).New Risk • Aug 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin).Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Rp2,580, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Rp3,020, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 12x in the Metals and Mining industry in Indonesia.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to Rp2,130, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to Rp2,020, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.Board Change • Mar 01No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director - Hermansyah is the most experienced director on the board, commencing their role in 2021. Independent President Commissioner Tan Liang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 HILLが配当金を支払っている期間は 10 年未満です。増加する配当: HILLの配当金は増加していますが、同社は3年間しか配当金を支払っていません。配当利回り対市場Hillcon 配当利回り対市場HILL 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (HILL)46.7%市場下位25% (ID)1.1%市場トップ25% (ID)6.4%業界平均 (Metals and Mining)3.3%アナリスト予想 (HILL) (最長3年)46.7%注目すべき配当: HILLの配当金 ( 46.67% ) はID市場の配当金支払者の下位 25% ( 1.14% ) よりも高くなっています。高配当: HILLの配当金 ( 46.67% ) はID市場 ( 6.41% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: HILLの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: HILLは合理的な 現金配当性向 ( 51.7% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YID 市場の強力な配当支払い企業。View Management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2026/05/21 11:55終値2026/05/21 00:00収益2025/12/31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 Hillcon 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。1 アナリスト機関Dony SetiadyMacquarie Research
Reported Earnings • May 19Full year 2025 earnings released: Rp350 loss per share (vs Rp0.37 profit in FY 2024)Full year 2025 results: Rp350 loss per share (down from Rp0.37 profit in FY 2024). Revenue: Rp3.46t (down 12% from FY 2024). Net loss: Rp1.03t (down Rp1.04t 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 83 percentage points per year, which is a significant difference in performance.
New Risk • Feb 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 18% 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 (18% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Market cap is less than US$100m (Rp855.0b market cap, or US$50.4m).
Buy Or Sell Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to Rp109. The fair value is estimated to be Rp140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Feb 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.68t (US$99.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (Rp1.68t market cap, or US$99.2m).
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks High level of debt (154% net debt to equity). Share price has been volatile over the past 3 months (14% average weekly change).
Buy Or Sell Opportunity • Jan 09Now 39% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to Rp218. The fair value is estimated to be Rp157, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 04Third quarter 2025 earnings released: Rp8.73 loss per share (vs Rp0.35 loss in 3Q 2024)Third quarter 2025 results: Rp8.73 loss per share (further deteriorated from Rp0.35 loss in 3Q 2024). Revenue: Rp627.3b (down 42% from 3Q 2024). Net loss: Rp107.7b (loss widened Rp102.5b from 3Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 32% growth forecast for the Metals and Mining industry in Indonesia.
Price Target Changed • Oct 14Price target decreased by 26% to Rp200Down from Rp270, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of Rp190. Stock is down 56% over the past year. The company posted earnings per share of Rp0.37 last year.
Board Change • Oct 14No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Independent President Commissioner Tan Liang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • May 19PT Hillcon Tbk, Annual General Meeting, Jun 24, 2025PT Hillcon Tbk, Annual General Meeting, Jun 24, 2025.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp3.80 (vs Rp10.97 in 2Q 2023)Second quarter 2024 results: EPS: Rp3.80 (down from Rp10.97 in 2Q 2023). Revenue: Rp854.8b (up 4.3% from 2Q 2023). Net income: Rp9.93b (down 69% from 2Q 2023). Profit margin: 1.2% (down from 3.9% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Metals and Mining industry in Indonesia.
New Risk • Jul 31New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). High level of non-cash earnings (78% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (5.6% net profit margin).
New Risk • Jul 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 9.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (78% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.6% net profit margin).
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to Rp2,400, the stock trades at a trailing P/E ratio of 20.2x. Average forward P/E is 22x in the Metals and Mining industry in Indonesia. Negligible returns to shareholders over past year.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 64%After last week's 64% share price gain to Rp2,340, the stock trades at a trailing P/E ratio of 19.7x. Average forward P/E is 16x in the Metals and Mining industry in Indonesia. Total loss to shareholders of 31% over the past year.
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 9.6% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (74% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change).
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp1,620, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 21x in the Metals and Mining industry in Indonesia. Total loss to shareholders of 4.2% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Rp701 per share.
Reported Earnings • Apr 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: Rp119. Revenue: Rp4.25t (up 30% from FY 2022). Net income: Rp351.1b (up 17% from FY 2022). Profit margin: 8.3% (down from 9.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Nov 29Third quarter 2023 earnings released: EPS: Rp38.26 (vs Rp27.90 in 3Q 2022)Third quarter 2023 results: EPS: Rp38.26 (up from Rp27.90 in 3Q 2022). Revenue: Rp1.14t (up 32% from 3Q 2022). Net income: Rp112.8b (up 61% from 3Q 2022). Profit margin: 9.9% (up from 8.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 62% decline forecast for the Metals and Mining industry in Indonesia.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to Rp2,440, the stock trades at a forward P/E ratio of 847x. Average forward P/E is 15x in the Metals and Mining industry in Indonesia.
New Risk • Aug 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 121% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 121% per year for the foreseeable future. High level of non-cash earnings (56% accrual ratio). Minor Risks High level of debt (45% net debt to equity). Profit margins are more than 30% lower than last year (8.5% net profit margin).
New Risk • Aug 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin).
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Rp2,580, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Rp3,020, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 12x in the Metals and Mining industry in Indonesia.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to Rp2,130, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 23%After last week's 23% share price gain to Rp2,020, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 13x in the Metals and Mining industry in Indonesia.
Board Change • Mar 01No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director - Hermansyah is the most experienced director on the board, commencing their role in 2021. Independent President Commissioner Tan Liang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.