Declared Dividend • Jun 28
Dividend increased to Rp40.00 Dividend of Rp40.00 is 300% higher than last year. Ex-date: 3rd July 2026 Payment date: 24th July 2026 Dividend yield will be 6.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공고 • Jun 27
PT Jembo Cable Company Tbk announces Annual dividend, payable on July 24, 2026 PT Jembo Cable Company Tbk announced Annual dividend of IDR 40.0000 per share payable on July 24, 2026, ex-date on July 03, 2026 and record date on July 06, 2026. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to Rp570, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 7x in the Electrical industry in Indonesia. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp680, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 8x in the Electrical industry in Indonesia. Total loss to shareholders of 14% over the past three years. 공고 • May 19
PT Jembo Cable Company Tbk, Annual General Meeting, Jun 24, 2026 PT Jembo Cable Company Tbk, Annual General Meeting, Jun 24, 2026. Reported Earnings • May 05
First quarter 2026 earnings released: Rp21.53 loss per share (vs Rp43.32 profit in 1Q 2025) First quarter 2026 results: Rp21.53 loss per share (down from Rp43.32 profit in 1Q 2025). Revenue: Rp856.6b (down 17% from 1Q 2025). Net loss: Rp16.3b (down 150% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Apr 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.6% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (Rp729.5b market cap, or US$42.3m). Reported Earnings • Apr 03
Full year 2025 earnings released: EPS: Rp153 (vs Rp101 in FY 2024) Full year 2025 results: EPS: Rp153 (up from Rp101 in FY 2024). Revenue: Rp4.05t (up 16% from FY 2024). Net income: Rp115.4b (up 51% from FY 2024). Profit margin: 2.8% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp965, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 7x in the Electrical industry in Indonesia. Total returns to shareholders of 9.6% over the past three years. New Risk • Jan 15
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: 0.9% 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 Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (Rp880.7b market cap, or US$52.0m). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to Rp1,360, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 7x in the Electrical industry in Indonesia. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: Rp57.28 (vs Rp21.80 in 3Q 2024) Third quarter 2025 results: EPS: Rp57.28 (up from Rp21.80 in 3Q 2024). Revenue: Rp1.10t (up 18% from 3Q 2024). Net income: Rp43.3b (up 163% from 3Q 2024). Profit margin: 3.9% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Oct 24
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (5 non-independent directors). President Director Mary Santoso is the most experienced director on the board, commencing their role in 1973. Independent Commissioner Agus Kristiyono was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. 공고 • Jun 14
PT Jembo Cable Company Tbk announces Annual dividend, payable on July 11, 2025 PT Jembo Cable Company Tbk announced Annual dividend of IDR 10.0000 per share payable on July 11, 2025, ex-date on June 20, 2025 and record date on June 23, 2025. 공고 • May 06
PT Jembo Cable Company Tbk, Annual General Meeting, Jun 11, 2025 PT Jembo Cable Company Tbk, Annual General Meeting, Jun 11, 2025. New Risk • Nov 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (Rp453.6b market cap, or US$28.6m). Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: Rp11.10 (vs Rp16.04 in 2Q 2023) Second quarter 2024 results: EPS: Rp11.10 (down from Rp16.04 in 2Q 2023). Revenue: Rp760.1b (up 14% from 2Q 2023). Net income: Rp8.40b (down 31% from 2Q 2023). Profit margin: 1.1% (down from 1.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to Rp615, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Electrical industry in Indonesia. Total loss to shareholders of 52% over the past three years. New Risk • Jun 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 400% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (400% increase in shares outstanding). Minor Risks High level of debt (51% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.7% average weekly change). Reported Earnings • May 26
First quarter 2024 earnings released: EPS: Rp135 (vs Rp9.96 in 1Q 2023) First quarter 2024 results: EPS: Rp135 (up from Rp9.96 in 1Q 2023). Revenue: Rp706.2b (up 3.5% from 1Q 2023). Net income: Rp20.4b (up Rp18.9b from 1Q 2023). Profit margin: 2.9% (up from 0.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp3,480, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 9x in the Electrical industry in Indonesia. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp4,150, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 8x in the Electrical industry in Indonesia. Total loss to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp3,040, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 9x in the Electrical industry in Indonesia. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to Rp1,995, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Electrical industry in Indonesia. Total loss to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Rp2,250, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 10x in the Electrical industry in Indonesia. Total loss to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp2,090, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 10x in the Electrical industry in Indonesia. Total loss to shareholders of 63% over the past three years. Board Change • Jan 18
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (5 non-independent directors). President Director & President Commissioner Mary Santoso is the most experienced director on the board, commencing their role in 1973. Independent Commissioner Agus Kristiyono was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 21
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (5 non-independent directors). President Director & President Commissioner Mary Santoso is the most experienced director on the board, commencing their role in 1973. Independent Commissioner Agus Kristiyono was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: Rp199 (vs Rp215 loss in 3Q 2022) Third quarter 2023 results: EPS: Rp199 (up from Rp215 loss in 3Q 2022). Revenue: Rp726.3b (up 20% from 3Q 2022). Net income: Rp30.1b (up Rp62.6b from 3Q 2022). Profit margin: 4.1% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp3,300, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 12x in the Electrical industry in Indonesia. Total loss to shareholders of 48% over the past three years. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: Rp80.19 (vs Rp264 in 2Q 2022) Second quarter 2023 results: EPS: Rp80.19 (down from Rp264 in 2Q 2022). Revenue: Rp664.4b (down 19% from 2Q 2022). Net income: Rp12.1b (down 70% from 2Q 2022). Profit margin: 1.8% (down from 4.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Jul 01
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: 2.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 37% 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 (Rp604.8b market cap, or US$40.3m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp4,750, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 16x in the Electrical industry in Indonesia. Total loss to shareholders of 32% over the past three years. Board Change • Feb 01
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. 4 non-independent directors. Independent Commissioner Tommy Wijaya was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
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. 4 non-independent directors. Independent Commissioner Tommy Wijaya was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: Rp264 (vs Rp141 loss in 2Q 2021) Second quarter 2022 results: EPS: Rp264 (up from Rp141 loss in 2Q 2021). Revenue: Rp819.2b (up 94% from 2Q 2021). Net income: Rp39.9b (up Rp61.2b from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Board Change • Apr 29
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. 4 non-independent directors. Independent Commissioner Tommy Wijaya was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 06
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: Rp214 loss per share (down from Rp63.95 profit in 3Q 2020). Revenue: Rp403.7b (up 16% from 3Q 2020). Net loss: Rp32.4b (down 435% from profit in 3Q 2020). Revenue was in line with analyst estimates. 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. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 16% share price gain to Rp8,400, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Electrical industry in Asia. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 19% share price gain to Rp6,500, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 15x in the Electrical industry in Indonesia. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 16% share price gain to Rp5,850, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 14x in the Electrical industry in Indonesia. Total returns to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 20% share price gain to Rp6,250, the stock is trading at a trailing P/E ratio of 21.5x, up from the previous P/E ratio of 18x. This compares to an average P/E of 15x in the Electrical industry in Indonesia. Total returns to shareholders over the past three years are 27%. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS Rp63.96 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: Rp347.2b (down 43% from 3Q 2019). Net income: Rp9.67b (down 63% from 3Q 2019). Profit margin: 2.8% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.