View Future GrowthBlue Bird 過去の業績過去 基準チェック /16Blue Birdは、平均年間42.3%の収益成長を遂げていますが、 Transportation業界の収益は、年間 成長しています。収益は、平均年間28.8% 22.2%収益成長率で 成長しています。 Blue Birdの自己資本利益率は9.8%であり、純利益率は10.7%です。主要情報42.33%収益成長率42.33%EPS成長率Transportation 業界の成長28.43%収益成長率22.21%株主資本利益率9.77%ネット・マージン10.69%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp62.00 (vs Rp66.10 in 1Q 2025)First quarter 2026 results: EPS: Rp62.00 (down from Rp66.10 in 1Q 2025). Revenue: Rp1.45t (up 12% from 1Q 2025). Net income: Rp155.5b (down 6.0% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: Rp254 (up from Rp234 in FY 2024). Revenue: Rp5.71t (up 13% from FY 2024). Net income: Rp635.8b (up 8.7% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: Rp58.98 (vs Rp69.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp58.98 (down from Rp69.26 in 3Q 2024). Revenue: Rp1.45t (up 8.5% from 3Q 2024). Net income: Rp147.2b (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp68.81 (vs Rp43.15 in 3Q 2023)Third quarter 2024 results: EPS: Rp68.81 (up from Rp43.15 in 3Q 2023). Revenue: Rp1.34t (up 18% from 3Q 2023). Net income: Rp173.3b (up 61% from 3Q 2023). Profit margin: 13% (up from 9.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp58.70 (vs Rp54.44 in 2Q 2023)Second quarter 2024 results: EPS: Rp58.70 (up from Rp54.44 in 2Q 2023). Revenue: Rp1.21t (up 15% from 2Q 2023). Net income: Rp147.2b (up 8.1% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 05First quarter 2024 earnings released: EPS: Rp46.00 (vs Rp49.26 in 1Q 2023)First quarter 2024 results: EPS: Rp46.00 (down from Rp49.26 in 1Q 2023). Revenue: Rp1.12t (up 7.1% from 1Q 2023). Net income: Rp115.8b (down 6.1% from 1Q 2023). Profit margin: 10% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Jun 25PT Blue Bird Tbk announces Annual dividend, payable on July 10, 2026PT Blue Bird Tbk announced Annual dividend of IDR 166.0000 per share payable on July 10, 2026, ex-date on June 29, 2026 and record date on June 30, 2026.Declared Dividend • Jun 25Dividend increased to Rp166Dividend of Rp166 is 38% higher than last year. Ex-date: 29th June 2026 Payment date: 10th July 2026 Dividend yield will be 9.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jun 23Now 20% undervaluedOver the last 90 days, the stock has risen 1.8% to Rp1,680. The fair value is estimated to be Rp2,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp1,610, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Transportation industry in Asia. Total loss to shareholders of 8.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,042 per share.お知らせ • May 12PT Blue Bird Tbk, Annual General Meeting, Jun 18, 2026PT Blue Bird Tbk, Annual General Meeting, Jun 18, 2026.Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp62.00 (vs Rp66.10 in 1Q 2025)First quarter 2026 results: EPS: Rp62.00 (down from Rp66.10 in 1Q 2025). Revenue: Rp1.45t (up 12% from 1Q 2025). Net income: Rp155.5b (down 6.0% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 07Price target decreased by 9.5% to Rp2,290Down from Rp2,530, the current price target is an average from 3 analysts. New target price is 42% above last closing price of Rp1,615. Stock is up 15% over the past year. The company is forecast to post earnings per share of Rp291 for next year compared to Rp254 last year.Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: Rp254 (up from Rp234 in FY 2024). Revenue: Rp5.71t (up 13% from FY 2024). Net income: Rp635.8b (up 8.7% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jan 15Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to Rp1,740. The fair value is estimated to be Rp2,175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Buy Or Sell Opportunity • Dec 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to Rp1,735. The fair value is estimated to be Rp2,186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Buy Or Sell Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to Rp1,760. The fair value is estimated to be Rp2,206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Buy Or Sell Opportunity • Nov 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.4% to Rp1,750. The fair value is estimated to be Rp2,189, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: Rp58.98 (vs Rp69.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp58.98 (down from Rp69.26 in 3Q 2024). Revenue: Rp1.45t (up 8.5% from 3Q 2024). Net income: Rp147.2b (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% 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. 3 non-independent directors. Independent Commissioner Setyo Wasisto was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 24PT Blue Bird Tbk announces Annual dividend, payable on July 11, 2025PT Blue Bird Tbk announced Annual dividend of IDR 120.0000 per share payable on July 11, 2025, ex-date on July 01, 2025 and record date on July 02, 2025.お知らせ • May 14PT Blue Bird Tbk, Annual General Meeting, Jun 19, 2025PT Blue Bird Tbk, Annual General Meeting, Jun 19, 2025. Location: meeting both electronicallyy and physically, jakarta IndonesiaReported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp68.81 (vs Rp43.15 in 3Q 2023)Third quarter 2024 results: EPS: Rp68.81 (up from Rp43.15 in 3Q 2023). Revenue: Rp1.34t (up 18% from 3Q 2023). Net income: Rp173.3b (up 61% from 3Q 2023). Profit margin: 13% (up from 9.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp58.70 (vs Rp54.44 in 2Q 2023)Second quarter 2024 results: EPS: Rp58.70 (up from Rp54.44 in 2Q 2023). Revenue: Rp1.21t (up 15% from 2Q 2023). Net income: Rp147.2b (up 8.1% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jun 28Co-Founder & Member of Advisory Board recently bought Rp2.9b worth of stockOn the 25th of June, H. Prawiro bought around 2m shares on-market at roughly Rp1,521 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. H. has been a buyer over the last 12 months, purchasing a net total of Rp12b worth in shares.Recent Insider Transactions • May 23Member of Advisory Board recently bought Rp1.5b worth of stockOn the 22nd of May, H. Prawiro bought around 950k shares on-market at roughly Rp1,541 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp5.9b more in shares than they have sold in the last 12 months.お知らせ • May 09PT Blue Bird Tbk, Annual General Meeting, Jun 13, 2024PT Blue Bird Tbk, Annual General Meeting, Jun 13, 2024.Reported Earnings • May 05First quarter 2024 earnings released: EPS: Rp46.00 (vs Rp49.26 in 1Q 2023)First quarter 2024 results: EPS: Rp46.00 (down from Rp49.26 in 1Q 2023). Revenue: Rp1.12t (up 7.1% from 1Q 2023). Net income: Rp115.8b (down 6.1% from 1Q 2023). Profit margin: 10% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 88% 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 • Apr 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: Rp181 (up from Rp143 in FY 2022). Revenue: Rp4.42t (up 23% from FY 2022). Net income: Rp453.0b (up 26% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Dec 22Member of Advisory Board recently bought Rp2.8b worth of stockOn the 21st of December, H. Prawiro bought around 1m shares on-market at roughly Rp1,890 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp2.9b more in shares than they have sold in the last 12 months.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: Rp43.28 (vs Rp45.74 in 3Q 2022)Third quarter 2023 results: EPS: Rp43.28 (down from Rp45.74 in 3Q 2022). Revenue: Rp1.14t (up 18% from 3Q 2022). Net income: Rp108.0b (down 5.7% from 3Q 2022). Profit margin: 9.5% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Transportation industry in Asia. 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 34% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Oct 31Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from Rp159 to Rp176. Revenue forecast unchanged at Rp4.18b. Net income forecast to shrink 1.5% next year vs 19% growth forecast for Transportation industry in Indonesia . Consensus price target up from Rp2,265 to Rp2,377. Share price was steady at Rp1,980 over the past week.Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: Rp54.75 (vs Rp39.58 in 2Q 2022)Second quarter 2023 results: EPS: Rp54.75 (up from Rp39.58 in 2Q 2022). Revenue: Rp1.05t (up 20% from 2Q 2022). Net income: Rp136.2b (up 38% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 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 7.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 29Upcoming dividend of Rp72.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Indonesian dividend payers (5.6%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp2,090, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Transportation industry in Asia. Total returns to shareholders of 85% over the past three years.Reported Earnings • Apr 01Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: Rp143 (up from Rp3.08 in FY 2021). Revenue: Rp3.59t (up 62% from FY 2021). Net income: Rp358.4b (up Rp350.6b from FY 2021). Profit margin: 10.0% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Transportation industry in Asia. 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 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Rp1,730, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Transportation industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,569 per share.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 7 highly experienced directors. 1 independent director (2 non-independent directors). President Director Sigit Djokosoetono is the most experienced director on the board, commencing their role in 2012. Independent Commissioner Alamanda Shantika Santoso was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: Rp45.53 (vs Rp14.41 loss in 3Q 2021)Third quarter 2022 results: EPS: Rp45.53 (up from Rp14.41 loss in 3Q 2021). Revenue: Rp960.8b (up 138% from 3Q 2021). Net income: Rp114.4b (up Rp150.5b from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: Rp39.01 (vs Rp0.75 loss in 2Q 2021)Second quarter 2022 results: EPS: Rp39.01 (up from Rp0.75 loss in 2Q 2021). Revenue: Rp874.1b (up 55% from 2Q 2021). Net income: Rp99.0b (up Rp100.9b from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 14% growth forecast for the industry in Indonesia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to Rp1,850, the stock trades at a trailing P/E ratio of 55.7x. Average forward P/E is 14x in the Transportation industry in Indonesia. Total loss to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to Rp1,445, the stock trades at a trailing P/E ratio of 43.5x. Average forward P/E is 15x in the Transportation industry in Indonesia. Total loss to shareholders of 49% over the past three years.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. 3 non-independent directors. Independent Commissioner Daniel Budiman was the last independent director to join the board, commencing their role in 2016. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 07Full year 2021 earnings released: EPS: Rp3.00 (vs Rp64.49 loss in FY 2020)Full year 2021 results: EPS: Rp3.00 (up from Rp64.49 loss in FY 2020). Revenue: Rp2.22t (up 8.5% from FY 2020). Net income: Rp7.71b (up Rp169.1b from FY 2020). Profit margin: 0.3% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 25%, compared to a 17% growth forecast for the industry in Indonesia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 17Price target decreased to Rp1,600Down from Rp1,750, the current price target is provided by 1 analyst. New target price is 59% above last closing price of Rp1,005. Stock is down 5.2% over the past year.Reported Earnings • Aug 12Second quarter 2021 earnings released: Rp0.63 loss per share (vs Rp42.93 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: Rp565.5b (up 113% from 2Q 2020). Net loss: Rp1.88b (loss narrowed 98% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 15New 90-day high: Rp1,660The company is up 84% from its price of Rp900 on 16 October 2020. The Indonesian market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp62.67 per share.Is New 90 Day High Low • Dec 18New 90-day high: Rp1,520The company is up 63% from its price of Rp930 on 18 September 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp97.19 per share.Is New 90 Day High Low • Nov 19New 90-day high: Rp1,220The company is up 11% from its price of Rp1,095 on 19 August 2020. The Indonesian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp82.23 per share.Price Target Changed • Nov 04Price target lowered to Rp1,283Down from Rp1,383, the current price target is an average from 3 analysts. The new target price is 57% above the current share price of Rp815. As of last close, the stock is down 63% over the past year.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of Rp70.8b, with earnings decreasing by Rp422.3b from the prior year. Total revenue was Rp2.64t over the last 12 months, down 35% from the prior year.Is New 90 Day High Low • Oct 27New 90-day low: Rp830The company is down 26% from its price of Rp1,125 on 29 July 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp95.54 per share.収支内訳Blue Bird の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史IDX:BIRD 収益、費用、利益 ( )IDR Millions日付収益収益G+A経費研究開発費31 Mar 265,855,494625,927993,652031 Dec 255,705,306635,837964,521030 Sep 255,495,565631,485926,611031 Mar 255,221,411634,791865,557031 Dec 245,039,947585,195848,061030 Sep 244,856,961528,895854,502030 Jun 244,658,165456,510838,640031 Mar 244,496,704445,510813,687031 Dec 234,422,472452,970777,672030 Sep 234,310,669458,108712,169030 Jun 234,134,046471,643659,960031 Mar 233,962,135434,473622,244031 Dec 223,590,100358,354581,742030 Sep 223,279,814334,533517,612030 Jun 222,723,334184,026477,670031 Mar 222,414,77183,108464,436031 Dec 212,220,8417,714456,996030 Sep 211,943,591-71,532464,831030 Jun 211,940,863-97,813462,653031 Mar 211,641,532-203,348459,597031 Dec 202,046,660-161,353512,672030 Sep 202,639,907-70,778586,496030 Jun 203,284,20362,522652,426031 Mar 203,956,117239,551688,575031 Dec 194,047,691314,565667,843030 Sep 194,071,471351,963640,427030 Jun 194,162,153425,228612,149031 Mar 194,222,080447,142596,094031 Dec 184,218,702457,302575,660030 Sep 184,180,627457,408538,851030 Jun 184,093,180422,234530,179031 Mar 184,137,275406,313535,895031 Dec 174,203,846424,864528,591030 Sep 174,282,061448,538519,542030 Jun 174,406,555471,384507,612031 Mar 174,561,139486,493515,890031 Dec 164,796,096507,281518,810030 Sep 165,082,227559,471537,961030 Jun 165,276,822608,990537,472031 Mar 165,463,425739,052481,985031 Dec 155,472,328824,026449,436030 Sep 155,352,114822,831416,4920質の高い収益: BIRDにはIDR146.3B } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: BIRDの現在の純利益率 (10.7%)は、昨年(12.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: BIRD過去 5 年間で収益を上げており、収益は年間42.3%増加しています。成長の加速: BIRDは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: BIRDは過去 1 年間で収益成長率がマイナス ( -1.4% ) となったため、 Transportation業界平均 ( 8.8% ) と比較することが困難です。株主資本利益率高いROE: BIRDの 自己資本利益率 ( 9.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTransportation 、過去の業績が好調な企業。View Financial Health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2026/07/21 11:49終値2026/07/21 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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 Blue Bird Tbk 3 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。13 アナリスト機関Willy SuwantoCGS InternationalJoanne OngCGS InternationalSachin ManiarCGS International10 その他のアナリストを表示
Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp62.00 (vs Rp66.10 in 1Q 2025)First quarter 2026 results: EPS: Rp62.00 (down from Rp66.10 in 1Q 2025). Revenue: Rp1.45t (up 12% from 1Q 2025). Net income: Rp155.5b (down 6.0% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: Rp254 (up from Rp234 in FY 2024). Revenue: Rp5.71t (up 13% from FY 2024). Net income: Rp635.8b (up 8.7% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: Rp58.98 (vs Rp69.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp58.98 (down from Rp69.26 in 3Q 2024). Revenue: Rp1.45t (up 8.5% from 3Q 2024). Net income: Rp147.2b (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp68.81 (vs Rp43.15 in 3Q 2023)Third quarter 2024 results: EPS: Rp68.81 (up from Rp43.15 in 3Q 2023). Revenue: Rp1.34t (up 18% from 3Q 2023). Net income: Rp173.3b (up 61% from 3Q 2023). Profit margin: 13% (up from 9.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp58.70 (vs Rp54.44 in 2Q 2023)Second quarter 2024 results: EPS: Rp58.70 (up from Rp54.44 in 2Q 2023). Revenue: Rp1.21t (up 15% from 2Q 2023). Net income: Rp147.2b (up 8.1% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 05First quarter 2024 earnings released: EPS: Rp46.00 (vs Rp49.26 in 1Q 2023)First quarter 2024 results: EPS: Rp46.00 (down from Rp49.26 in 1Q 2023). Revenue: Rp1.12t (up 7.1% from 1Q 2023). Net income: Rp115.8b (down 6.1% from 1Q 2023). Profit margin: 10% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 25PT Blue Bird Tbk announces Annual dividend, payable on July 10, 2026PT Blue Bird Tbk announced Annual dividend of IDR 166.0000 per share payable on July 10, 2026, ex-date on June 29, 2026 and record date on June 30, 2026.
Declared Dividend • Jun 25Dividend increased to Rp166Dividend of Rp166 is 38% higher than last year. Ex-date: 29th June 2026 Payment date: 10th July 2026 Dividend yield will be 9.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jun 23Now 20% undervaluedOver the last 90 days, the stock has risen 1.8% to Rp1,680. The fair value is estimated to be Rp2,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp1,610, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Transportation industry in Asia. Total loss to shareholders of 8.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,042 per share.
お知らせ • May 12PT Blue Bird Tbk, Annual General Meeting, Jun 18, 2026PT Blue Bird Tbk, Annual General Meeting, Jun 18, 2026.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: Rp62.00 (vs Rp66.10 in 1Q 2025)First quarter 2026 results: EPS: Rp62.00 (down from Rp66.10 in 1Q 2025). Revenue: Rp1.45t (up 12% from 1Q 2025). Net income: Rp155.5b (down 6.0% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 07Price target decreased by 9.5% to Rp2,290Down from Rp2,530, the current price target is an average from 3 analysts. New target price is 42% above last closing price of Rp1,615. Stock is up 15% over the past year. The company is forecast to post earnings per share of Rp291 for next year compared to Rp254 last year.
Reported Earnings • Apr 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: Rp254 (up from Rp234 in FY 2024). Revenue: Rp5.71t (up 13% from FY 2024). Net income: Rp635.8b (up 8.7% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jan 15Now 20% undervaluedOver the last 90 days, the stock has risen 1.5% to Rp1,740. The fair value is estimated to be Rp2,175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Buy Or Sell Opportunity • Dec 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to Rp1,735. The fair value is estimated to be Rp2,186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Buy Or Sell Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to Rp1,760. The fair value is estimated to be Rp2,206, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Buy Or Sell Opportunity • Nov 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.4% to Rp1,750. The fair value is estimated to be Rp2,189, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: Rp58.98 (vs Rp69.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp58.98 (down from Rp69.26 in 3Q 2024). Revenue: Rp1.45t (up 8.5% from 3Q 2024). Net income: Rp147.2b (down 15% from 3Q 2024). Profit margin: 10% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% 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. 3 non-independent directors. Independent Commissioner Setyo Wasisto was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 24PT Blue Bird Tbk announces Annual dividend, payable on July 11, 2025PT Blue Bird Tbk announced Annual dividend of IDR 120.0000 per share payable on July 11, 2025, ex-date on July 01, 2025 and record date on July 02, 2025.
お知らせ • May 14PT Blue Bird Tbk, Annual General Meeting, Jun 19, 2025PT Blue Bird Tbk, Annual General Meeting, Jun 19, 2025. Location: meeting both electronicallyy and physically, jakarta Indonesia
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp68.81 (vs Rp43.15 in 3Q 2023)Third quarter 2024 results: EPS: Rp68.81 (up from Rp43.15 in 3Q 2023). Revenue: Rp1.34t (up 18% from 3Q 2023). Net income: Rp173.3b (up 61% from 3Q 2023). Profit margin: 13% (up from 9.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp58.70 (vs Rp54.44 in 2Q 2023)Second quarter 2024 results: EPS: Rp58.70 (up from Rp54.44 in 2Q 2023). Revenue: Rp1.21t (up 15% from 2Q 2023). Net income: Rp147.2b (up 8.1% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jun 28Co-Founder & Member of Advisory Board recently bought Rp2.9b worth of stockOn the 25th of June, H. Prawiro bought around 2m shares on-market at roughly Rp1,521 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. H. has been a buyer over the last 12 months, purchasing a net total of Rp12b worth in shares.
Recent Insider Transactions • May 23Member of Advisory Board recently bought Rp1.5b worth of stockOn the 22nd of May, H. Prawiro bought around 950k shares on-market at roughly Rp1,541 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp5.9b more in shares than they have sold in the last 12 months.
お知らせ • May 09PT Blue Bird Tbk, Annual General Meeting, Jun 13, 2024PT Blue Bird Tbk, Annual General Meeting, Jun 13, 2024.
Reported Earnings • May 05First quarter 2024 earnings released: EPS: Rp46.00 (vs Rp49.26 in 1Q 2023)First quarter 2024 results: EPS: Rp46.00 (down from Rp49.26 in 1Q 2023). Revenue: Rp1.12t (up 7.1% from 1Q 2023). Net income: Rp115.8b (down 6.1% from 1Q 2023). Profit margin: 10% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 88% 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 • Apr 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: Rp181 (up from Rp143 in FY 2022). Revenue: Rp4.42t (up 23% from FY 2022). Net income: Rp453.0b (up 26% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Dec 22Member of Advisory Board recently bought Rp2.8b worth of stockOn the 21st of December, H. Prawiro bought around 1m shares on-market at roughly Rp1,890 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp2.9b more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: Rp43.28 (vs Rp45.74 in 3Q 2022)Third quarter 2023 results: EPS: Rp43.28 (down from Rp45.74 in 3Q 2022). Revenue: Rp1.14t (up 18% from 3Q 2022). Net income: Rp108.0b (down 5.7% from 3Q 2022). Profit margin: 9.5% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Transportation industry in Asia. 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 34% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Oct 31Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from Rp159 to Rp176. Revenue forecast unchanged at Rp4.18b. Net income forecast to shrink 1.5% next year vs 19% growth forecast for Transportation industry in Indonesia . Consensus price target up from Rp2,265 to Rp2,377. Share price was steady at Rp1,980 over the past week.
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: Rp54.75 (vs Rp39.58 in 2Q 2022)Second quarter 2023 results: EPS: Rp54.75 (up from Rp39.58 in 2Q 2022). Revenue: Rp1.05t (up 20% from 2Q 2022). Net income: Rp136.2b (up 38% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 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 7.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 29Upcoming dividend of Rp72.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Indonesian dividend payers (5.6%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp2,090, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Transportation industry in Asia. Total returns to shareholders of 85% over the past three years.
Reported Earnings • Apr 01Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: Rp143 (up from Rp3.08 in FY 2021). Revenue: Rp3.59t (up 62% from FY 2021). Net income: Rp358.4b (up Rp350.6b from FY 2021). Profit margin: 10.0% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Transportation industry in Asia. 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 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Rp1,730, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Transportation industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp2,569 per share.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. 7 highly experienced directors. 1 independent director (2 non-independent directors). President Director Sigit Djokosoetono is the most experienced director on the board, commencing their role in 2012. Independent Commissioner Alamanda Shantika Santoso was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: Rp45.53 (vs Rp14.41 loss in 3Q 2021)Third quarter 2022 results: EPS: Rp45.53 (up from Rp14.41 loss in 3Q 2021). Revenue: Rp960.8b (up 138% from 3Q 2021). Net income: Rp114.4b (up Rp150.5b from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: Rp39.01 (vs Rp0.75 loss in 2Q 2021)Second quarter 2022 results: EPS: Rp39.01 (up from Rp0.75 loss in 2Q 2021). Revenue: Rp874.1b (up 55% from 2Q 2021). Net income: Rp99.0b (up Rp100.9b from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 14% growth forecast for the industry in Indonesia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 19% share price gain to Rp1,850, the stock trades at a trailing P/E ratio of 55.7x. Average forward P/E is 14x in the Transportation industry in Indonesia. Total loss to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 21% share price gain to Rp1,445, the stock trades at a trailing P/E ratio of 43.5x. Average forward P/E is 15x in the Transportation industry in Indonesia. Total loss to shareholders of 49% over the past three years.
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. 3 non-independent directors. Independent Commissioner Daniel Budiman was the last independent director to join the board, commencing their role in 2016. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 07Full year 2021 earnings released: EPS: Rp3.00 (vs Rp64.49 loss in FY 2020)Full year 2021 results: EPS: Rp3.00 (up from Rp64.49 loss in FY 2020). Revenue: Rp2.22t (up 8.5% from FY 2020). Net income: Rp7.71b (up Rp169.1b from FY 2020). Profit margin: 0.3% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 25%, compared to a 17% growth forecast for the industry in Indonesia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 17Price target decreased to Rp1,600Down from Rp1,750, the current price target is provided by 1 analyst. New target price is 59% above last closing price of Rp1,005. Stock is down 5.2% over the past year.
Reported Earnings • Aug 12Second quarter 2021 earnings released: Rp0.63 loss per share (vs Rp42.93 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: Rp565.5b (up 113% from 2Q 2020). Net loss: Rp1.88b (loss narrowed 98% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 15New 90-day high: Rp1,660The company is up 84% from its price of Rp900 on 16 October 2020. The Indonesian market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp62.67 per share.
Is New 90 Day High Low • Dec 18New 90-day high: Rp1,520The company is up 63% from its price of Rp930 on 18 September 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp97.19 per share.
Is New 90 Day High Low • Nov 19New 90-day high: Rp1,220The company is up 11% from its price of Rp1,095 on 19 August 2020. The Indonesian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp82.23 per share.
Price Target Changed • Nov 04Price target lowered to Rp1,283Down from Rp1,383, the current price target is an average from 3 analysts. The new target price is 57% above the current share price of Rp815. As of last close, the stock is down 63% over the past year.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of Rp70.8b, with earnings decreasing by Rp422.3b from the prior year. Total revenue was Rp2.64t over the last 12 months, down 35% from the prior year.
Is New 90 Day High Low • Oct 27New 90-day low: Rp830The company is down 26% from its price of Rp1,125 on 29 July 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Rp95.54 per share.