View ValuationCiputra Development 향후 성장Future 기준 점검 0/6Ciputra Development 의 수익은 연간 0.3% 감소할 것으로 예상되는 반면, 연간 수익은 0.9% 로 증가할 것으로 예상됩니다. EPS는 연간 1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9% 로 예상됩니다.핵심 정보-0.3%이익 성장률0.98%EPS 성장률Real Estate 이익 성장0.3%매출 성장률0.9%향후 자기자본이익률9.02%애널리스트 커버리지Good마지막 업데이트08 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 21PT Ciputra Development Tbk, Annual General Meeting, Jun 26, 2026PT Ciputra Development Tbk, Annual General Meeting, Jun 26, 2026.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (9 non-independent directors). Independent Commissioner Tanan Antonius was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • May 10PT Ciputra Development Tbk, Annual General Meeting, Jun 17, 2025PT Ciputra Development Tbk, Annual General Meeting, Jun 17, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp13.43 (vs Rp21.70 in 3Q 2023)Third quarter 2024 results: EPS: Rp13.43 (down from Rp21.70 in 3Q 2023). Revenue: Rp2.08t (down 1.9% from 3Q 2023). Net income: Rp247.9b (down 38% from 3Q 2023). Profit margin: 12% (down from 19% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.New Risk • Aug 07New 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 German stocks, typically moving 10% 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 (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Aug 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €0.076. The fair value is estimated to be €0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp29.95 (vs Rp19.75 in 2Q 2023)Second quarter 2024 results: EPS: Rp29.95 (up from Rp19.75 in 2Q 2023). Revenue: Rp2.72t (up 16% from 2Q 2023). Net income: Rp545.8b (up 49% from 2Q 2023). Profit margin: 20% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jul 01Now 29% overvaluedOver the last 90 days, the stock has fallen 18% to €0.056. The fair value is estimated to be €0.043, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Buy Or Sell Opportunity • Jun 29Now 20% overvaluedOver the last 90 days, the stock has fallen 16% to €0.056. The fair value is estimated to be €0.047, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Buy Or Sell Opportunity • Jun 07Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to €0.056. The fair value is estimated to be €0.046, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.공시 • May 16PT Ciputra Development Tbk, Annual General Meeting, Jun 19, 2024PT Ciputra Development Tbk, Annual General Meeting, Jun 19, 2024.Reported Earnings • May 01First quarter 2024 earnings released: EPS: Rp26.00 (vs Rp22.27 in 1Q 2023)First quarter 2024 results: EPS: Rp26.00 (up from Rp22.27 in 1Q 2023). Revenue: Rp2.32t (up 8.7% from 1Q 2023). Net income: Rp483.4b (up 17% from 1Q 2023). Profit margin: 21% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.Reported Earnings • Apr 02Full year 2023 earnings released: EPS: Rp99.60 (vs Rp100 in FY 2022)Full year 2023 results: EPS: Rp99.60 (down from Rp100 in FY 2022). Revenue: Rp9.25t (up 1.3% from FY 2022). Net income: Rp1.85t (flat on FY 2022). Profit margin: 20% (in line with FY 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp21.98 (vs Rp28.06 in 3Q 2022)Third quarter 2023 results: EPS: Rp21.98 (down from Rp28.06 in 3Q 2022). Revenue: Rp2.12t (down 17% from 3Q 2022). Net income: Rp402.3b (down 23% from 3Q 2022). Profit margin: 19% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: Rp19.73 (vs Rp31.51 in 2Q 2022)Second quarter 2023 results: EPS: Rp19.73 (down from Rp31.51 in 2Q 2022). Revenue: Rp2.34t (down 3.8% from 2Q 2022). Net income: Rp366.1b (down 37% from 2Q 2022). Profit margin: 16% (down from 24% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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. This is currently the only risk that has been identified for the company.Reported Earnings • May 03First quarter 2023 earnings released: EPS: Rp22.00 (vs Rp22.70 in 1Q 2022)First quarter 2023 results: EPS: Rp22.00 (down from Rp22.70 in 1Q 2022). Revenue: Rp2.13t (down 4.6% from 1Q 2022). Net income: Rp412.9b (down 1.9% from 1Q 2022). Profit margin: 19% (in line with 1Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 02Full year 2022 earnings released: EPS: Rp101 (vs Rp93.62 in FY 2021)Full year 2022 results: EPS: Rp101 (up from Rp93.62 in FY 2021). Revenue: Rp9.13t (down 6.2% from FY 2021). Net income: Rp1.86t (up 7.4% from FY 2021). Profit margin: 20% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 32% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 1 independent director (9 non-independent directors). Independent Commissioner - Kodradi 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.Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: Rp27.79 (vs Rp28.65 in 3Q 2021)Third quarter 2022 results: EPS: Rp27.79 (down from Rp28.65 in 3Q 2021). Revenue: Rp2.56t (down 2.5% from 3Q 2021). Net income: Rp520.1b (down 2.1% from 3Q 2021). Profit margin: 20% (in line with 3Q 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: Rp31.27 (vs Rp12.95 in 2Q 2021)Second quarter 2022 results: EPS: Rp31.27 (up from Rp12.95 in 2Q 2021). Revenue: Rp2.43t (up 12% from 2Q 2021). Net income: Rp584.1b (up 143% from 2Q 2021). Profit margin: 24% (up from 11% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 14% compared to a 47% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2022 earnings released: EPS: Rp23.00 (vs Rp13.13 in 1Q 2021)First quarter 2022 results: EPS: Rp23.00 (up from Rp13.13 in 1Q 2021). Revenue: Rp2.23t (up 21% from 1Q 2021). Net income: Rp420.7b (up 73% from 1Q 2021). Profit margin: 19% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 42% decline forecast for the industry in Germany. 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 5% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 1 independent director (9 non-independent directors). Independent Commissioner - Kodradi 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.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: Rp94.00 (vs Rp71.26 in FY 2020)Full year 2021 results: EPS: Rp94.00 (up from Rp71.26 in FY 2020). Revenue: Rp9.73t (up 21% from FY 2020). Net income: Rp1.74t (up 31% from FY 2020). Profit margin: 18% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 12% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS Rp29.07 (vs Rp3.38 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Rp2.63t (up 83% from 3Q 2020). Net income: Rp531.1b (up Rp468.4b from 3Q 2020). Profit margin: 20% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS Rp12.95 (vs Rp0.43 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp2.17t (up 68% from 2Q 2020). Net income: Rp240.1b (up Rp248.1b from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 13First quarter 2021 earnings released: EPS Rp13.00 (vs Rp9.58 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: Rp1.85t (up 23% from 1Q 2020). Net income: Rp243.4b (up 37% from 1Q 2020). Profit margin: 13% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 16Full year 2020 earnings released: EPS Rp71.00 (vs Rp62.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: Rp8.07t (up 6.1% from FY 2019). Net income: Rp1.32t (up 14% from FY 2019). Profit margin: 16% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 22Third quarter 2020 earnings released: EPS Rp3.38The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: Rp1.44t (down 4.9% from 3Q 2019). Net income: Rp62.7b (down 48% from 3Q 2019). Profit margin: 4.4% (down from 8.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측DB:PUWA - 애널리스트 향후 추정치 및 과거 재무 데이터 (IDR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202813,029,1022,593,8152,165,3002,733,400312/31/202712,357,8452,400,6831,805,5752,456,250712/31/202612,796,4172,515,1811,621,4752,453,27523/31/202612,442,4722,521,001-33,465297,719N/A12/31/202512,616,6952,663,100-225,86479,382N/A9/30/202512,461,9912,471,049896,0171,170,823N/A6/30/202512,032,0852,332,2791,461,1711,876,668N/A3/31/202511,603,1742,303,2991,620,7082,035,407N/A12/31/202411,187,5652,126,2882,564,8712,985,452N/A9/30/20249,773,2661,942,0133,030,4233,772,884N/A6/30/20249,812,8862,096,3353,674,8424,258,427N/A3/31/20249,430,3531,916,6233,323,8843,867,601N/A12/31/20239,245,0321,846,0873,321,4343,864,820N/A9/30/20238,489,0221,518,7813,210,3633,419,403N/A6/30/20238,931,1061,636,5832,988,4773,186,363N/A3/31/20239,023,4121,854,5223,079,5393,277,279N/A12/31/20229,126,7991,862,4033,603,4533,759,340N/A9/30/202210,307,8802,245,6663,666,4413,799,374N/A6/30/202210,374,5622,256,6703,549,0083,657,764N/A3/31/202210,113,0911,912,7003,992,3654,107,004N/A12/31/20219,729,6511,735,3293,512,5803,625,210N/A9/30/202110,479,3632,103,1012,990,8313,078,453N/A6/30/20219,286,5451,634,7173,127,9363,236,068N/A3/31/20218,411,6351,386,6191,649,0731,752,876N/A12/31/20208,070,7371,320,7541,094,7461,213,679N/A9/30/20207,192,909973,504835,734954,407N/A6/30/20207,267,2891,031,027424,098548,054N/A3/31/20207,471,3501,052,362801,761923,693N/A12/31/20197,608,2371,157,959N/A979,826N/A9/30/20197,635,2661,022,300N/A1,354,216N/A6/30/20198,010,9751,305,716N/A1,300,470N/A3/31/20197,959,5031,343,329N/A1,020,120N/A12/31/20187,670,4051,185,478N/A1,043,561N/A9/30/20186,784,973907,921N/A562,911N/A6/30/20186,421,413731,012N/A408,778N/A3/31/20186,529,604803,183N/A664,053N/A12/31/20176,442,797894,354N/A549,287N/A9/30/20176,668,676969,483N/A356,859N/A6/30/20176,686,9041,051,094N/A246,730N/A3/31/20176,705,5021,045,191N/A337,969N/A12/31/20166,739,3151,021,235N/A41,055N/A9/30/20166,569,7661,327,839N/A267,915N/A6/30/20167,302,9841,090,667N/A986,199N/A3/31/20167,397,0021,248,327N/A1,266,539N/A12/31/20157,514,2861,644,951N/A1,347,348N/A9/30/20157,476,8361,377,880N/A2,599,244N/A6/30/20156,622,3331,227,161N/A2,299,452N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PUWA 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.3%).수익 vs 시장: PUWA 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.3%).고성장 수익: PUWA 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: PUWA 의 수익(연간 0.9%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: PUWA 의 수익(연간 0.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PUWA의 자본 수익률은 3년 후 9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate-management-and-development 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 08:32종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PT Ciputra Development Tbk는 27명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hadi SoegiartoCGS InternationalBaruna ArkasatyoCGS InternationalFerry WongCitigroup Inc24명의 분석가 더 보기
공시 • May 21PT Ciputra Development Tbk, Annual General Meeting, Jun 26, 2026PT Ciputra Development Tbk, Annual General Meeting, Jun 26, 2026.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (9 non-independent directors). Independent Commissioner Tanan Antonius was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • May 10PT Ciputra Development Tbk, Annual General Meeting, Jun 17, 2025PT Ciputra Development Tbk, Annual General Meeting, Jun 17, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: Rp13.43 (vs Rp21.70 in 3Q 2023)Third quarter 2024 results: EPS: Rp13.43 (down from Rp21.70 in 3Q 2023). Revenue: Rp2.08t (down 1.9% from 3Q 2023). Net income: Rp247.9b (down 38% from 3Q 2023). Profit margin: 12% (down from 19% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
New Risk • Aug 07New 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 German stocks, typically moving 10% 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 (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Aug 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €0.076. The fair value is estimated to be €0.063, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp29.95 (vs Rp19.75 in 2Q 2023)Second quarter 2024 results: EPS: Rp29.95 (up from Rp19.75 in 2Q 2023). Revenue: Rp2.72t (up 16% from 2Q 2023). Net income: Rp545.8b (up 49% from 2Q 2023). Profit margin: 20% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jul 01Now 29% overvaluedOver the last 90 days, the stock has fallen 18% to €0.056. The fair value is estimated to be €0.043, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Buy Or Sell Opportunity • Jun 29Now 20% overvaluedOver the last 90 days, the stock has fallen 16% to €0.056. The fair value is estimated to be €0.047, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Buy Or Sell Opportunity • Jun 07Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to €0.056. The fair value is estimated to be €0.046, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
공시 • May 16PT Ciputra Development Tbk, Annual General Meeting, Jun 19, 2024PT Ciputra Development Tbk, Annual General Meeting, Jun 19, 2024.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: Rp26.00 (vs Rp22.27 in 1Q 2023)First quarter 2024 results: EPS: Rp26.00 (up from Rp22.27 in 1Q 2023). Revenue: Rp2.32t (up 8.7% from 1Q 2023). Net income: Rp483.4b (up 17% from 1Q 2023). Profit margin: 21% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: Rp99.60 (vs Rp100 in FY 2022)Full year 2023 results: EPS: Rp99.60 (down from Rp100 in FY 2022). Revenue: Rp9.25t (up 1.3% from FY 2022). Net income: Rp1.85t (flat on FY 2022). Profit margin: 20% (in line with FY 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp21.98 (vs Rp28.06 in 3Q 2022)Third quarter 2023 results: EPS: Rp21.98 (down from Rp28.06 in 3Q 2022). Revenue: Rp2.12t (down 17% from 3Q 2022). Net income: Rp402.3b (down 23% from 3Q 2022). Profit margin: 19% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: Rp19.73 (vs Rp31.51 in 2Q 2022)Second quarter 2023 results: EPS: Rp19.73 (down from Rp31.51 in 2Q 2022). Revenue: Rp2.34t (down 3.8% from 2Q 2022). Net income: Rp366.1b (down 37% from 2Q 2022). Profit margin: 16% (down from 24% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: Rp22.00 (vs Rp22.70 in 1Q 2022)First quarter 2023 results: EPS: Rp22.00 (down from Rp22.70 in 1Q 2022). Revenue: Rp2.13t (down 4.6% from 1Q 2022). Net income: Rp412.9b (down 1.9% from 1Q 2022). Profit margin: 19% (in line with 1Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 02Full year 2022 earnings released: EPS: Rp101 (vs Rp93.62 in FY 2021)Full year 2022 results: EPS: Rp101 (up from Rp93.62 in FY 2021). Revenue: Rp9.13t (down 6.2% from FY 2021). Net income: Rp1.86t (up 7.4% from FY 2021). Profit margin: 20% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 32% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 1 independent director (9 non-independent directors). Independent Commissioner - Kodradi 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.
Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: Rp27.79 (vs Rp28.65 in 3Q 2021)Third quarter 2022 results: EPS: Rp27.79 (down from Rp28.65 in 3Q 2021). Revenue: Rp2.56t (down 2.5% from 3Q 2021). Net income: Rp520.1b (down 2.1% from 3Q 2021). Profit margin: 20% (in line with 3Q 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: Rp31.27 (vs Rp12.95 in 2Q 2021)Second quarter 2022 results: EPS: Rp31.27 (up from Rp12.95 in 2Q 2021). Revenue: Rp2.43t (up 12% from 2Q 2021). Net income: Rp584.1b (up 143% from 2Q 2021). Profit margin: 24% (up from 11% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 14% compared to a 47% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2022 earnings released: EPS: Rp23.00 (vs Rp13.13 in 1Q 2021)First quarter 2022 results: EPS: Rp23.00 (up from Rp13.13 in 1Q 2021). Revenue: Rp2.23t (up 21% from 1Q 2021). Net income: Rp420.7b (up 73% from 1Q 2021). Profit margin: 19% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 13% compared to a 42% decline forecast for the industry in Germany. 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 5% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 1 independent director (9 non-independent directors). Independent Commissioner - Kodradi 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.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: Rp94.00 (vs Rp71.26 in FY 2020)Full year 2021 results: EPS: Rp94.00 (up from Rp71.26 in FY 2020). Revenue: Rp9.73t (up 21% from FY 2020). Net income: Rp1.74t (up 31% from FY 2020). Profit margin: 18% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 12% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS Rp29.07 (vs Rp3.38 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Rp2.63t (up 83% from 3Q 2020). Net income: Rp531.1b (up Rp468.4b from 3Q 2020). Profit margin: 20% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS Rp12.95 (vs Rp0.43 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp2.17t (up 68% from 2Q 2020). Net income: Rp240.1b (up Rp248.1b from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 13First quarter 2021 earnings released: EPS Rp13.00 (vs Rp9.58 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: Rp1.85t (up 23% from 1Q 2020). Net income: Rp243.4b (up 37% from 1Q 2020). Profit margin: 13% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS Rp71.00 (vs Rp62.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: Rp8.07t (up 6.1% from FY 2019). Net income: Rp1.32t (up 14% from FY 2019). Profit margin: 16% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 22Third quarter 2020 earnings released: EPS Rp3.38The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: Rp1.44t (down 4.9% from 3Q 2019). Net income: Rp62.7b (down 48% from 3Q 2019). Profit margin: 4.4% (down from 8.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.