View Future GrowthAce Oldfields 과거 순이익 실적과거 기준 점검 2/6Ace Oldfields은 연평균 13.3%의 비율로 수입이 증가해 온 반면, Building 산업은 수입이 4.6% 증가했습니다. 매출은 연평균 6.8%의 비율로 증가했습니다. Ace Oldfields의 자기자본이익률은 5.7%이고 순이익률은 5.3%입니다.핵심 정보13.31%순이익 성장률11.99%주당순이익(EPS) 성장률Building 산업 성장률22.73%매출 성장률6.82%자기자본이익률5.70%순이익률5.28%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Mar 19Full year 2025 earnings released: EPS: Rp8.16 (vs Rp8.74 in FY 2024)Full year 2025 results: EPS: Rp8.16 (down from Rp8.74 in FY 2024). Revenue: Rp187.0b (up 1.3% from FY 2024). Net income: Rp10.5b (down 6.7% from FY 2024). Profit margin: 5.6% (down from 6.1% 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 13% per year.Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: Rp0.38 (vs Rp0.46 in 3Q 2024)Third quarter 2025 results: EPS: Rp0.38 (down from Rp0.46 in 3Q 2024). Revenue: Rp38.1b (up 7.3% from 3Q 2024). Net income: Rp495.6m (down 17% from 3Q 2024). Profit margin: 1.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp0.46 (vs Rp0.65 in 3Q 2023)Third quarter 2024 results: EPS: Rp0.46 (down from Rp0.65 in 3Q 2023). Revenue: Rp35.5b (up 12% from 3Q 2023). Net income: Rp596.4m (down 28% from 3Q 2023). Profit margin: 1.7% (down from 2.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp1.31 (vs Rp1.28 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.31 (up from Rp1.28 in 2Q 2023). Revenue: Rp49.0b (up 6.0% from 2Q 2023). Net income: Rp1.70b (up 2.3% from 2Q 2023). Profit margin: 3.5% (in line with 2Q 2023).Reported Earnings • Mar 21Full year 2023 earnings released: EPS: Rp7.35 (vs Rp6.08 in FY 2022)Full year 2023 results: EPS: Rp7.35 (up from Rp6.08 in FY 2022). Revenue: Rp161.7b (up 5.1% from FY 2022). Net income: Rp9.51b (up 21% from FY 2022). Profit margin: 5.9% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue.Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: Rp31.8b (down 14% from 3Q 2022). Net income: Rp833.5m (down 51% from 3Q 2022). Profit margin: 2.6% (down from 4.6% in 3Q 2022). The decrease in margin was driven by lower revenue.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to Rp86.00, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 83% over the past three years.Buy Or Sell Opportunity • Jun 03Now 28% undervaluedOver the last 90 days, the stock has risen 27% to Rp104. The fair value is estimated to be Rp145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 9.0%.Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Rp87.00, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Building industry in Indonesia. Total returns to shareholders of 83% over the past three years.Upcoming Dividend • May 13Upcoming dividend of Rp1.50 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 10 June 2026. Trailing yield: 2.7%. Lower than top quartile of Indonesian dividend payers (5.7%). Lower than average of industry peers (6.6%).공고 • May 09PT Ace Oldfields Tbk announces Annual dividend, payable on June 10, 2026PT Ace Oldfields Tbk announced Annual dividend of IDR 1.5000 per share payable on June 10, 2026, ex-date on May 20, 2026 and record date on May 21, 2026.Buy Or Sell Opportunity • May 01Now 23% undervaluedOver the last 90 days, the stock has risen 9.7% to Rp113. The fair value is estimated to be Rp146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 9.1%.공고 • Apr 01PT Ace Oldfields Tbk, Annual General Meeting, May 07, 2026PT Ace Oldfields Tbk, Annual General Meeting, May 07, 2026.Reported Earnings • Mar 19Full year 2025 earnings released: EPS: Rp8.16 (vs Rp8.74 in FY 2024)Full year 2025 results: EPS: Rp8.16 (down from Rp8.74 in FY 2024). Revenue: Rp187.0b (up 1.3% from FY 2024). Net income: Rp10.5b (down 6.7% from FY 2024). Profit margin: 5.6% (down from 6.1% 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 13% per year.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp73.00, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 67% over the past three years.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp78.00, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 65% over the past three years.New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp130.6b market cap, or US$7.83m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (13% average weekly change).Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp93.00, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Building industry in Indonesia. Total returns to shareholders of 94% over the past three years.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 34%After last week's 34% share price gain to Rp91.00, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 68% over the past three years.Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: Rp0.38 (vs Rp0.46 in 3Q 2024)Third quarter 2025 results: EPS: Rp0.38 (down from Rp0.46 in 3Q 2024). Revenue: Rp38.1b (up 7.3% from 3Q 2024). Net income: Rp495.6m (down 17% from 3Q 2024). Profit margin: 1.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings.Board Change • Oct 14No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioner Bambang Hendrajatin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공고 • May 03PT Ace Oldfields Tbk, Annual General Meeting, Jun 10, 2025PT Ace Oldfields Tbk, Annual General Meeting, Jun 10, 2025.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp0.46 (vs Rp0.65 in 3Q 2023)Third quarter 2024 results: EPS: Rp0.46 (down from Rp0.65 in 3Q 2023). Revenue: Rp35.5b (up 12% from 3Q 2023). Net income: Rp596.4m (down 28% from 3Q 2023). Profit margin: 1.7% (down from 2.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Oct 23President Director recently bought Rp26m worth of stockOn the 21st of October, Josef Kandiawan bought around 500k shares on-market at roughly Rp52.99 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp218m worth in shares.Recent Insider Transactions • Oct 15President Director recently bought Rp10m worth of stockOn the 9th of October, Josef Kandiawan bought around 200k shares on-market at roughly Rp52.00 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp192m worth in shares.Recent Insider Transactions • Aug 18President Director recently bought Rp8.0m worth of stockOn the 15th of August, Josef Kandiawan bought around 160k shares on-market at roughly Rp50.00 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp181m worth in shares.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp1.31 (vs Rp1.28 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.31 (up from Rp1.28 in 2Q 2023). Revenue: Rp49.0b (up 6.0% from 2Q 2023). Net income: Rp1.70b (up 2.3% from 2Q 2023). Profit margin: 3.5% (in line with 2Q 2023).Recent Insider Transactions • Jul 30President Director recently bought Rp6.0m worth of stockOn the 26th of July, Josef Kandiawan bought around 120k shares on-market at roughly Rp49.99 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp15m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp173m worth in shares.Recent Insider Transactions • Jun 21President Director recently bought Rp4.0m worth of stockOn the 19th of June, Josef Kandiawan bought around 80k shares on-market at roughly Rp50.01 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp28m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp167m worth in shares.Recent Insider Transactions • May 11President Director recently bought Rp15m worth of stockOn the 8th of May, Josef Kandiawan bought around 300k shares on-market at roughly Rp50.00 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp28m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp163m worth in shares.Recent Insider Transactions • Mar 30President Director recently bought Rp28m worth of stockOn the 28th of March, Josef Kandiawan bought around 550k shares on-market at roughly Rp50.99 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp33m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp125m worth in shares.Reported Earnings • Mar 21Full year 2023 earnings released: EPS: Rp7.35 (vs Rp6.08 in FY 2022)Full year 2023 results: EPS: Rp7.35 (up from Rp6.08 in FY 2022). Revenue: Rp161.7b (up 5.1% from FY 2022). Net income: Rp9.51b (up 21% from FY 2022). Profit margin: 5.9% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue.Recent Insider Transactions • Dec 20President Director recently bought Rp26m worth of stockOn the 14th of December, Josef Kandiawan bought around 500k shares on-market at roughly Rp51.01 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth Rp53m. This was Josef's only on-market trade for the last 12 months.Recent Insider Transactions • Dec 05President Commissioner recently bought Rp53m worth of stockOn the 29th of November, Dannie Tjiandra bought around 1m shares on-market at roughly Rp51.99 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp100m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Nov 24President Commissioner recently bought Rp17m worth of stockOn the 17th of November, Dannie Tjiandra bought around 328k shares on-market at roughly Rp51.00 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: Rp31.8b (down 14% from 3Q 2022). Net income: Rp833.5m (down 51% from 3Q 2022). Profit margin: 2.6% (down from 4.6% in 3Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp1.28 (vs Rp0.035 in 2Q 2022)Second quarter 2023 results: EPS: Rp1.28 (up from Rp0.035 in 2Q 2022). Revenue: Rp46.2b (up 14% from 2Q 2022). Net income: Rp1.66b (up Rp1.61b from 2Q 2022). Profit margin: 3.6% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Bambang Hendrajatin 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.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 24% share price gain to Rp87.00, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Building industry in Indonesia.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Bambang Hendrajatin 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.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to Rp84.00, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 12x in the Building industry in Indonesia.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp200, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 12x in the Building industry in Indonesia.매출 및 비용 세부 내역Ace Oldfields가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이IDX:KUAS 매출, 비용 및 순이익 (IDR Millions)날짜매출순이익일반관리비연구개발비31 Mar 26184,3289,73731,718031 Dec 25187,02110,54431,583030 Sep 25193,31311,53034,015030 Jun 25190,73611,63133,634031 Mar 25179,86710,76428,786031 Dec 24184,69311,30128,293030 Sep 24172,2259,59424,234030 Jun 24168,4759,83122,284031 Mar 24165,7109,79325,052031 Dec 23161,6619,50624,532030 Sep 23158,6638,41024,715030 Jun 23164,0089,27725,035031 Mar 23158,2327,66323,881031 Dec 22153,8287,86523,386030 Sep 22151,7636,73516,827030 Jun 22148,1576,66816,073031 Mar 22141,8116,67614,641031 Dec 21139,3526,17914,990031 Dec 20131,0845,75111,469031 Dec 19130,0743,59211,602031 Dec 18136,6062,84111,2550양질의 수익: KUAS는 고품질 수익을 보유하고 있습니다.이익 마진 증가: KUAS의 현재 순 이익률 (5.3%)은 지난해 (6%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: KUAS의 수익은 지난 5년 동안 연평균 13.3% 증가했습니다.성장 가속화: KUAS은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: KUAS은 지난 1년 동안 수익이 감소(-9.5%)하여 Building 업계 평균(3.7%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: KUAS의 자본 수익률(5.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/13 12:39종가2026/07/13 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 Ace Oldfields Tbk는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Mar 19Full year 2025 earnings released: EPS: Rp8.16 (vs Rp8.74 in FY 2024)Full year 2025 results: EPS: Rp8.16 (down from Rp8.74 in FY 2024). Revenue: Rp187.0b (up 1.3% from FY 2024). Net income: Rp10.5b (down 6.7% from FY 2024). Profit margin: 5.6% (down from 6.1% 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 13% per year.
Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: Rp0.38 (vs Rp0.46 in 3Q 2024)Third quarter 2025 results: EPS: Rp0.38 (down from Rp0.46 in 3Q 2024). Revenue: Rp38.1b (up 7.3% from 3Q 2024). Net income: Rp495.6m (down 17% from 3Q 2024). Profit margin: 1.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp0.46 (vs Rp0.65 in 3Q 2023)Third quarter 2024 results: EPS: Rp0.46 (down from Rp0.65 in 3Q 2023). Revenue: Rp35.5b (up 12% from 3Q 2023). Net income: Rp596.4m (down 28% from 3Q 2023). Profit margin: 1.7% (down from 2.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp1.31 (vs Rp1.28 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.31 (up from Rp1.28 in 2Q 2023). Revenue: Rp49.0b (up 6.0% from 2Q 2023). Net income: Rp1.70b (up 2.3% from 2Q 2023). Profit margin: 3.5% (in line with 2Q 2023).
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: Rp7.35 (vs Rp6.08 in FY 2022)Full year 2023 results: EPS: Rp7.35 (up from Rp6.08 in FY 2022). Revenue: Rp161.7b (up 5.1% from FY 2022). Net income: Rp9.51b (up 21% from FY 2022). Profit margin: 5.9% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: Rp31.8b (down 14% from 3Q 2022). Net income: Rp833.5m (down 51% from 3Q 2022). Profit margin: 2.6% (down from 4.6% in 3Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to Rp86.00, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 83% over the past three years.
Buy Or Sell Opportunity • Jun 03Now 28% undervaluedOver the last 90 days, the stock has risen 27% to Rp104. The fair value is estimated to be Rp145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 9.0%.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Rp87.00, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Building industry in Indonesia. Total returns to shareholders of 83% over the past three years.
Upcoming Dividend • May 13Upcoming dividend of Rp1.50 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 10 June 2026. Trailing yield: 2.7%. Lower than top quartile of Indonesian dividend payers (5.7%). Lower than average of industry peers (6.6%).
공고 • May 09PT Ace Oldfields Tbk announces Annual dividend, payable on June 10, 2026PT Ace Oldfields Tbk announced Annual dividend of IDR 1.5000 per share payable on June 10, 2026, ex-date on May 20, 2026 and record date on May 21, 2026.
Buy Or Sell Opportunity • May 01Now 23% undervaluedOver the last 90 days, the stock has risen 9.7% to Rp113. The fair value is estimated to be Rp146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 9.1%.
공고 • Apr 01PT Ace Oldfields Tbk, Annual General Meeting, May 07, 2026PT Ace Oldfields Tbk, Annual General Meeting, May 07, 2026.
Reported Earnings • Mar 19Full year 2025 earnings released: EPS: Rp8.16 (vs Rp8.74 in FY 2024)Full year 2025 results: EPS: Rp8.16 (down from Rp8.74 in FY 2024). Revenue: Rp187.0b (up 1.3% from FY 2024). Net income: Rp10.5b (down 6.7% from FY 2024). Profit margin: 5.6% (down from 6.1% 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 13% per year.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp73.00, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 67% over the past three years.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp78.00, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 65% over the past three years.
New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp130.6b market cap, or US$7.83m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (13% average weekly change).
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp93.00, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Building industry in Indonesia. Total returns to shareholders of 94% over the past three years.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 34%After last week's 34% share price gain to Rp91.00, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 10x in the Building industry in Indonesia. Total returns to shareholders of 68% over the past three years.
Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: Rp0.38 (vs Rp0.46 in 3Q 2024)Third quarter 2025 results: EPS: Rp0.38 (down from Rp0.46 in 3Q 2024). Revenue: Rp38.1b (up 7.3% from 3Q 2024). Net income: Rp495.6m (down 17% from 3Q 2024). Profit margin: 1.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings.
Board Change • Oct 14No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioner Bambang Hendrajatin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공고 • May 03PT Ace Oldfields Tbk, Annual General Meeting, Jun 10, 2025PT Ace Oldfields Tbk, Annual General Meeting, Jun 10, 2025.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp0.46 (vs Rp0.65 in 3Q 2023)Third quarter 2024 results: EPS: Rp0.46 (down from Rp0.65 in 3Q 2023). Revenue: Rp35.5b (up 12% from 3Q 2023). Net income: Rp596.4m (down 28% from 3Q 2023). Profit margin: 1.7% (down from 2.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Oct 23President Director recently bought Rp26m worth of stockOn the 21st of October, Josef Kandiawan bought around 500k shares on-market at roughly Rp52.99 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp218m worth in shares.
Recent Insider Transactions • Oct 15President Director recently bought Rp10m worth of stockOn the 9th of October, Josef Kandiawan bought around 200k shares on-market at roughly Rp52.00 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp192m worth in shares.
Recent Insider Transactions • Aug 18President Director recently bought Rp8.0m worth of stockOn the 15th of August, Josef Kandiawan bought around 160k shares on-market at roughly Rp50.00 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Josef has been a buyer over the last 12 months, purchasing a net total of Rp181m worth in shares.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: Rp1.31 (vs Rp1.28 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.31 (up from Rp1.28 in 2Q 2023). Revenue: Rp49.0b (up 6.0% from 2Q 2023). Net income: Rp1.70b (up 2.3% from 2Q 2023). Profit margin: 3.5% (in line with 2Q 2023).
Recent Insider Transactions • Jul 30President Director recently bought Rp6.0m worth of stockOn the 26th of July, Josef Kandiawan bought around 120k shares on-market at roughly Rp49.99 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp15m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp173m worth in shares.
Recent Insider Transactions • Jun 21President Director recently bought Rp4.0m worth of stockOn the 19th of June, Josef Kandiawan bought around 80k shares on-market at roughly Rp50.01 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp28m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp167m worth in shares.
Recent Insider Transactions • May 11President Director recently bought Rp15m worth of stockOn the 8th of May, Josef Kandiawan bought around 300k shares on-market at roughly Rp50.00 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp28m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp163m worth in shares.
Recent Insider Transactions • Mar 30President Director recently bought Rp28m worth of stockOn the 28th of March, Josef Kandiawan bought around 550k shares on-market at roughly Rp50.99 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp33m. Josef has been a buyer over the last 12 months, purchasing a net total of Rp125m worth in shares.
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: Rp7.35 (vs Rp6.08 in FY 2022)Full year 2023 results: EPS: Rp7.35 (up from Rp6.08 in FY 2022). Revenue: Rp161.7b (up 5.1% from FY 2022). Net income: Rp9.51b (up 21% from FY 2022). Profit margin: 5.9% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue.
Recent Insider Transactions • Dec 20President Director recently bought Rp26m worth of stockOn the 14th of December, Josef Kandiawan bought around 500k shares on-market at roughly Rp51.01 per share. This trade did not impact their existing holding. In the last 3 months, there was an even bigger purchase from another insider worth Rp53m. This was Josef's only on-market trade for the last 12 months.
Recent Insider Transactions • Dec 05President Commissioner recently bought Rp53m worth of stockOn the 29th of November, Dannie Tjiandra bought around 1m shares on-market at roughly Rp51.99 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp100m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Nov 24President Commissioner recently bought Rp17m worth of stockOn the 17th of November, Dannie Tjiandra bought around 328k shares on-market at roughly Rp51.00 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Oct 26Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: Rp31.8b (down 14% from 3Q 2022). Net income: Rp833.5m (down 51% from 3Q 2022). Profit margin: 2.6% (down from 4.6% in 3Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp1.28 (vs Rp0.035 in 2Q 2022)Second quarter 2023 results: EPS: Rp1.28 (up from Rp0.035 in 2Q 2022). Revenue: Rp46.2b (up 14% from 2Q 2022). Net income: Rp1.66b (up Rp1.61b from 2Q 2022). Profit margin: 3.6% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Bambang Hendrajatin 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.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 24% share price gain to Rp87.00, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Building industry in Indonesia.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Bambang Hendrajatin 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.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to Rp84.00, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 12x in the Building industry in Indonesia.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp200, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 12x in the Building industry in Indonesia.