Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to Rp410, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Auto Components industry in Indonesia. Total returns to shareholders of 39% over the past three years. New Risk • May 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp174.3b (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp174.3b market cap, or US$9.93m). Minor Risk Dividend is not well covered by cash flows (141% cash payout ratio). 공고 • May 02
PT Multi Prima Sejahtera Tbk announces Annual dividend, payable on May 25, 2026 PT Multi Prima Sejahtera Tbk announced Annual dividend of IDR 45.0000 per share payable on May 25, 2026, ex-date on May 11, 2026 and record date on May 11, 2026. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: Rp13.00 (vs Rp14.29 in 1Q 2025) First quarter 2026 results: EPS: Rp13.00 (down from Rp14.29 in 1Q 2025). Revenue: Rp42.2b (up 8.3% from 1Q 2025). Net income: Rp5.57b (down 8.3% from 1Q 2025). Profit margin: 13% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 공고 • Mar 18
PT Multi Prima Sejahtera Tbk, Annual General Meeting, Apr 28, 2026 PT Multi Prima Sejahtera Tbk, Annual General Meeting, Apr 28, 2026. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: Rp78.00 (vs Rp80.47 in FY 2024) Full year 2025 results: EPS: Rp78.00 (down from Rp80.47 in FY 2024). Revenue: Rp165.7b (up 7.8% from FY 2024). Net income: Rp33.0b (down 3.4% from FY 2024). Profit margin: 20% (down from 22% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: Rp15.02 (vs Rp25.39 in 3Q 2024) Third quarter 2025 results: EPS: Rp15.02 (down from Rp25.39 in 3Q 2024). Revenue: Rp34.6b (down 16% from 3Q 2024). Net income: Rp6.52b (down 40% from 3Q 2024). Profit margin: 19% (down from 26% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Oct 24
No independent directors Following 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 President Commissioner Eddy Handoko was the last independent director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • May 29
PT Multi Prima Sejahtera Tbk announces Annual dividend, payable on June 24, 2025 PT Multi Prima Sejahtera Tbk announced Annual dividend of IDR 45.0000 per share payable on June 24, 2025, ex-date on June 05, 2025 and record date on June 10, 2025. 공고 • Apr 16
PT Multi Prima Sejahtera Tbk, Annual General Meeting, May 23, 2025 PT Multi Prima Sejahtera Tbk, Annual General Meeting, May 23, 2025. Location: jakarta Indonesia New Risk • Oct 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp155.6b (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Market cap is less than US$10m (Rp155.6b market cap, or US$9.96m). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: Rp21.92 (vs Rp10.93 in 2Q 2023) Second quarter 2024 results: EPS: Rp21.92 (up from Rp10.93 in 2Q 2023). Revenue: Rp42.6b (up 28% from 2Q 2023). Net income: Rp9.18b (up 98% from 2Q 2023). Profit margin: 22% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp360, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 11x in the Auto Components industry in Indonesia. Total loss to shareholders of 26% over the past three years. Reported Earnings • May 05
First quarter 2024 earnings released: EPS: Rp19.00 (vs Rp19.76 in 1Q 2023) First quarter 2024 results: EPS: Rp19.00 (down from Rp19.76 in 1Q 2023). Revenue: Rp31.0b (down 2.4% from 1Q 2023). Net income: Rp8.12b (down 3.3% from 1Q 2023). Profit margin: 26% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% 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 • Apr 01
Full year 2023 earnings released: EPS: Rp45.00 (vs Rp62.76 in FY 2022) Full year 2023 results: EPS: Rp45.00 (down from Rp62.76 in FY 2022). Revenue: Rp137.4b (down 20% from FY 2022). Net income: Rp19.0b (down 29% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp156.4b (US$9.87m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Market cap is less than US$10m (Rp156.4b market cap, or US$9.87m). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: Rp10.93 (vs Rp9.98 in 2Q 2022) Second quarter 2023 results: EPS: Rp10.93 (up from Rp9.98 in 2Q 2022). Revenue: Rp33.2b (down 23% from 2Q 2022). Net income: Rp4.65b (up 9.1% from 2Q 2022). Profit margin: 14% (up from 10.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Jun 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (Rp161.5b market cap, or US$10.8m). Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: Rp63.00 (vs Rp55.08 in FY 2021) Full year 2022 results: EPS: Rp63.00 (up from Rp55.08 in FY 2021). Revenue: Rp172.6b (up 43% from FY 2021). Net income: Rp26.7b (up 14% from FY 2021). Profit margin: 16% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 02
Third quarter 2022 earnings released: EPS: Rp16.99 (vs Rp11.00 in 3Q 2021) Third quarter 2022 results: EPS: Rp16.99 (up from Rp11.00 in 3Q 2021). Revenue: Rp48.6b (up 60% from 3Q 2021). Net income: Rp7.38b (up 58% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Jun 07
First quarter 2022 earnings released: EPS: Rp19.00 (vs Rp12.71 in 1Q 2021) First quarter 2022 results: EPS: Rp19.00 (up from Rp12.71 in 1Q 2021). Revenue: Rp33.2b (up 12% from 1Q 2021). Net income: Rp8.14b (up 51% from 1Q 2021). Profit margin: 25% (up from 18% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 34% share price gain to Rp630, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 12x in the Auto Components industry in Indonesia. Total returns to shareholders of 178% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: Rp55.00 (vs Rp15.84 in FY 2020) Full year 2021 results: EPS: Rp55.00 (up from Rp15.84 in FY 2020). Revenue: Rp120.5b (up 17% from FY 2020). Net income: Rp23.4b (up 248% from FY 2020). Profit margin: 19% (up from 6.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 24% share price decline to Rp458, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Auto Components industry in Indonesia. Total returns to shareholders of 163% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Rp780, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 19x in the Auto Components industry in Indonesia. Total returns to shareholders of 296% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Rp1,035, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 21x in the Auto Components industry in Indonesia. Total returns to shareholders of 413% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 17% share price gain to Rp1,315, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 17x in the Auto Components industry in Indonesia. Total returns to shareholders of 613% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 101% share price gain to Rp815, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 15x in the Auto Components industry in Indonesia. Total returns to shareholders of 323% over the past three years. Reported Earnings • Sep 03
Second quarter 2021 earnings released: EPS Rp11.31 (vs Rp0.74 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp29.8b (up 44% from 2Q 2020). Net income: Rp4.95b (up Rp4.63b from 2Q 2020). Profit margin: 17% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp420, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 19x in the Auto Components industry in Indonesia. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 72% share price gain to Rp655, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 24x in the Auto Components industry in Indonesia. Total returns to shareholders of 174% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 19% share price gain to Rp382, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 20x in the Auto Components industry in Indonesia. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 28% share price gain to Rp314, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Auto Components industry in Indonesia. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 19% share price gain to Rp278, the stock is trading at a trailing P/E ratio of 7.2x, up from the previous P/E ratio of 6.1x. This compares to an average P/E of 66x in the Auto Components industry in Indonesia. Total return to shareholders over the past three years is a loss of 17%. Is New 90 Day High Low • Dec 15
New 90-day high: Rp278 The company is up 25% from its price of Rp222 on 17 September 2020. The Indonesian market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 34% over the same period. Reported Earnings • Dec 03
Third quarter 2020 earnings released: EPS Rp6.56 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: Rp28.0b (up 21% from 3Q 2019). Net income: Rp2.79b (down 59% from 3Q 2019). Profit margin: 10.0% (down from 30% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 24
New 90-day high: Rp256 The company is up 20% from its price of Rp214 on 26 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 Auto Components industry, which is up 6.0% over the same period.