Upcoming Dividend • May 28
Upcoming dividend of Rp12.00 per share Eligible shareholders must have bought the stock before 04 June 2026. Payment date: 18 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (9.6%). Buy Or Sell Opportunity • May 05
Now 383% overvalued after recent price rise Over the last 90 days, the stock has risen 2,300% to €0.012. The fair value is estimated to be €0.0025, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 26%. Buy Or Sell Opportunity • Apr 20
Now 1,218% overvalued Over the last 90 days, the stock has fallen 9.7% to €0.014. The fair value is estimated to be €0.0011, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.9%. 공시 • Apr 16
PT Surya Citra Media Tbk, Annual General Meeting, May 21, 2026 PT Surya Citra Media Tbk, Annual General Meeting, May 21, 2026. Buy Or Sell Opportunity • Apr 02
Now 1,066% overvalued Over the last 90 days, the stock has fallen 26% to €0.013. The fair value is estimated to be €0.0011, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.9%. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: Rp12.15 (vs Rp9.39 in FY 2024) Full year 2025 results: EPS: Rp12.15 (up from Rp9.39 in FY 2024). Revenue: Rp6.89t (down 2.4% from FY 2024). Net income: Rp771.0b (up 30% from FY 2024). Profit margin: 11% (up from 8.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Mar 12
Now 88% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €0.013. The fair value is estimated to be €0.0066, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.0%. Buy Or Sell Opportunity • Feb 05
Now 93% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €0.013. The fair value is estimated to be €0.0065, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.0%. Buy Or Sell Opportunity • Jan 08
Now 164% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to €0.017. The fair value is estimated to be €0.0063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.0%. Declared Dividend • Nov 12
Dividend of Rp10.00 announced Shareholders will receive a dividend of Rp10.00. Ex-date: 19th November 2025 Payment date: 9th December 2025 Dividend yield will be 111,122%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (169% earnings payout ratio) nor is it covered by cash flows (228% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. However, EPS has declined by 4.5% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: Rp4.27 (vs Rp2.87 in 3Q 2024) Third quarter 2025 results: EPS: Rp4.27 (up from Rp2.87 in 3Q 2024). Revenue: Rp1.72t (down 5.0% from 3Q 2024). Net income: Rp270.9b (up 49% from 3Q 2024). Profit margin: 16% (up from 10.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 01
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 186% to €0.01. The fair value is estimated to be €0.0078, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 25%. Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: Rp2.63 (vs Rp2.16 in 2Q 2024) Second quarter 2025 results: EPS: Rp2.63 (up from Rp2.16 in 2Q 2024). Revenue: Rp1.59t (flat on 2Q 2024). Net income: Rp167.1b (up 22% from 2Q 2024). Profit margin: 11% (up from 8.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. New Risk • Jun 27
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Share price has been highly volatile over the past 3 months (144% average daily change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (104% payout ratio). New Risk • Jun 20
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Share price has been highly volatile over the past 3 months (144% average daily change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (104% payout ratio). Reported Earnings • May 02
First quarter 2025 earnings released: EPS: Rp2.42 (vs Rp3.01 in 1Q 2024) First quarter 2025 results: EPS: Rp2.42 (down from Rp3.01 in 1Q 2024). Revenue: Rp1.74t (down 1.1% from 1Q 2024). Net income: Rp153.7b (down 19% from 1Q 2024). Profit margin: 8.8% (down from 11% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Share price has been highly volatile over the past 3 months (109% average daily change). Earnings have declined by 20% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (104% payout ratio). Buy Or Sell Opportunity • Apr 10
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €0.005. The fair value is estimated to be €0.0038, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 41%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. 공시 • Mar 29
PT Surya Citra Media Tbk, Annual General Meeting, Apr 28, 2025 PT Surya Citra Media Tbk, Annual General Meeting, Apr 28, 2025. Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: Rp9.39 (vs Rp5.29 in FY 2023) Full year 2024 results: EPS: Rp9.39 (up from Rp5.29 in FY 2023). Revenue: Rp7.06t (up 8.4% from FY 2023). Net income: Rp594.9b (up 78% from FY 2023). Profit margin: 8.4% (up from 5.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued Over the last 90 days, the stock has risen 43% to €0.005. The fair value is estimated to be €0.0063, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has declined by 45%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. New Risk • Dec 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 03
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: Rp1.81t (up 3.2% from 3Q 2023). Net income: Rp181.7b (up 8.6% from 3Q 2023). Profit margin: 10.0% (in line with 3Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in Germany. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: Rp2.16 (vs Rp0.043 in 2Q 2023) Second quarter 2024 results: EPS: Rp2.16 (up from Rp0.043 in 2Q 2023). Revenue: Rp1.57t (up 4.6% from 2Q 2023). Net income: Rp137.1b (up Rp134.4b from 2Q 2023). Profit margin: 8.7% (up from 0.2% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year whereas the company’s share price has fallen by 45% per year. Upcoming Dividend • Jun 18
Upcoming dividend of Rp5.00 per share Eligible shareholders must have bought the stock before 25 June 2024. Payment date: 10 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.6%). Declared Dividend • Jun 17
Dividend of Rp5.00 announced Shareholders will receive a dividend of Rp5.00. Ex-date: 25th June 2024 Payment date: 10th July 2024 Dividend yield will be 142,857%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (163% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 81% to bring the payout ratio under control. EPS is expected to grow by 99% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. 공시 • May 09
PT Surya Citra Media Tbk, Annual General Meeting, Jun 12, 2024 PT Surya Citra Media Tbk, Annual General Meeting, Jun 12, 2024. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: Rp3.01 (vs Rp1.06 in 1Q 2023) First quarter 2024 results: EPS: Rp3.01 (up from Rp1.06 in 1Q 2023). Revenue: Rp1.76t (up 15% from 1Q 2023). Net income: Rp190.5b (up 186% from 1Q 2023). Profit margin: 11% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: Rp5.29 (vs Rp13.39 in FY 2022) Full year 2023 results: EPS: Rp5.29 (down from Rp13.39 in FY 2022). Revenue: Rp6.51t (down 8.7% from FY 2022). Net income: Rp334.6b (down 61% from FY 2022). Profit margin: 5.1% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 37% per year. 공시 • Mar 18
PT Surya Citra Media Tbk(IDX:SCMA) dropped from FTSE All-World Index (USD) PT Surya Citra Media Tbk(IDX:SCMA) dropped from FTSE All-World Index (USD) Buy Or Sell Opportunity • Mar 14
Now 69% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €0.0045. The fair value is estimated to be €0.0027, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 247% in the next 2 years. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: Rp0.043 (vs Rp5.25 in 2Q 2022) Second quarter 2023 results: EPS: Rp0.043 (down from Rp5.25 in 2Q 2022). Revenue: Rp1.50t (down 7.7% from 2Q 2022). Net income: Rp2.70b (down 99% from 2Q 2022). Profit margin: 0.2% (down from 20% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Buying Opportunity • Jun 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be €0.0051, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 2.9%. Revenue is forecast to grow by 9.5% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Buying Opportunity • May 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be €0.0051, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 2.9%. Revenue is forecast to grow by 9.5% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: Rp1.06 (vs Rp4.51 in 1Q 2022) First quarter 2023 results: EPS: Rp1.06 (down from Rp4.51 in 1Q 2022). Revenue: Rp1.53t (flat on 1Q 2022). Net income: Rp66.7b (down 77% from 1Q 2022). Profit margin: 4.4% (down from 19% in 1Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buying Opportunity • Feb 22
Now 43% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €0.011, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 30% in the next 2 years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Mutia Nandika was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: Rp3.39 (vs Rp5.32 in 3Q 2021) Third quarter 2022 results: EPS: Rp3.39 (down from Rp5.32 in 3Q 2021). Revenue: Rp1.79t (up 24% from 3Q 2021). Net income: Rp214.3b (down 36% from 3Q 2021). Profit margin: 12% (down from 23% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 25
First quarter 2022 earnings released: EPS: Rp4.51 (vs Rp5.24 in 1Q 2021) First quarter 2022 results: EPS: Rp4.51 (down from Rp5.24 in 1Q 2021). Revenue: Rp1.53t (up 9.3% from 1Q 2021). Net income: Rp284.8b (down 14% from 1Q 2021). Profit margin: 19% (down from 24% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Buying Opportunity • May 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €0.0096, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Mutia Nandika was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €0.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Reported Earnings • Apr 07
Full year 2021 earnings released: EPS: Rp21.32 (vs Rp16.20 in FY 2020) Full year 2021 results: EPS: Rp21.32 (up from Rp16.20 in FY 2020). Revenue: Rp5.93t (up 16% from FY 2020). Net income: Rp1.35t (up 17% from FY 2020). Profit margin: 23% (in line with FY 2020). Over the next year, revenue is forecast to grow 9.1%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Buying Opportunity • Apr 01
Now 21% undervalued Over the last 90 days, the stock is up 467%. The fair value is estimated to be €0.011, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings is also forecast to grow by 8.5% per annum over the same time period. Buying Opportunity • Feb 11
Now 22% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be Rp0.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7% per annum over the last 3 years. Buying Opportunity • Jan 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 64%. The fair value is estimated to be Rp0.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7% per annum over the last 3 years. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of Rp976.4b, down 25% from the prior year. Total revenue was Rp4.96t over the last 12 months, down 8.7% from the prior year. 공시 • Jul 31
PT Surya Citra Media Tbk (IDX:SCMA) completed the acquisition of 99.99% stake in PT Binary Ventura Indonesia from PT Elang Mahkota Teknologi Tbk (IDX:EMTK). PT Surya Citra Media Tbk (IDX:SCMA) agreed to acquire 99.99% stake in PT Binary Ventura Indonesia from PT Elang Mahkota Teknologi Tbk (IDX:EMTK) for IDK 53 billion on March 8, 2019.
PT Surya Citra Media Tbk (IDX:SCMA) completed the acquisition of 99.99% stake in PT Binary Ventura Indonesia from PT Elang Mahkota Teknologi Tbk (IDX:EMTK) on May 16, 2019.