View Financial HealthAstra Graphia 배당 및 자사주 매입배당 기준 점검 4/6Astra Graphia 은(는) 현재 수익률이 13.65% 인 배당금 지급 회사입니다.핵심 정보13.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률1.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향94%최근 배당 및 자사주 매입 업데이트Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).모든 업데이트 보기Recent updatesReported Earnings • Jul 30Second quarter 2026 earnings released: EPS: Rp51.14 (vs Rp43.79 in 2Q 2025)Second quarter 2026 results: EPS: Rp51.14 (up from Rp43.79 in 2Q 2025). Revenue: Rp796.5b (down 1.0% from 2Q 2025). Net income: Rp69.0b (up 17% from 2Q 2025). Profit margin: 8.7% (up from 7.3% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp1,735, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 14x in the Commercial Services industry in Indonesia. Total returns to shareholders of 138% over the past three years.New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.79t (US$98.7m) This is considered a minor 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: Minor Risks Dividend is not well covered by earnings (111% payout ratio). Market cap is less than US$100m (Rp1.79t market cap, or US$98.7m).Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: Rp51.52 (vs Rp34.93 in 1Q 2025)First quarter 2026 results: EPS: Rp51.52 (up from Rp34.93 in 1Q 2025). Revenue: Rp759.8b (up 5.3% from 1Q 2025). Net income: Rp69.5b (up 48% from 1Q 2025). Profit margin: 9.1% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공고 • Mar 10PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026.Reported Earnings • Feb 25Full year 2025 earnings released: EPS: Rp201 (vs Rp152 in FY 2024)Full year 2025 results: EPS: Rp201 (up from Rp152 in FY 2024). Revenue: Rp2.99t (up 6.3% from FY 2024). Net income: Rp270.6b (up 32% from FY 2024). Profit margin: 9.0% (up from 7.3% 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 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 33%After last week's 33% share price gain to Rp1,590, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 100% over the past three years.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: Rp55.67 (vs Rp50.71 in 3Q 2024)Third quarter 2025 results: EPS: Rp55.67 (up from Rp50.71 in 3Q 2024). Revenue: Rp735.8b (down 1.9% from 3Q 2024). Net income: Rp75.1b (up 9.7% from 3Q 2024). Profit margin: 10% (up from 9.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Oct 24No 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. 4 non-independent directors. Independent Commissioner Sidharta Utama was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Mar 13PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp50.73 (vs Rp42.58 in 3Q 2023)Third quarter 2024 results: EPS: Rp50.73 (up from Rp42.58 in 3Q 2023). Revenue: Rp750.4b (down 2.0% from 3Q 2023). Net income: Rp68.4b (up 19% from 3Q 2023). Profit margin: 9.1% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: Rp39.16 (vs Rp31.05 in 2Q 2023)Second quarter 2024 results: EPS: Rp39.16 (up from Rp31.05 in 2Q 2023). Revenue: Rp676.7b (up 7.3% from 2Q 2023). Net income: Rp52.8b (up 26% from 2Q 2023). Profit margin: 7.8% (up from 6.6% 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 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp21.74 (vs Rp18.56 in 1Q 2023)First quarter 2024 results: EPS: Rp21.74 (up from Rp18.56 in 1Q 2023). Revenue: Rp611.4b (down 10% from 1Q 2023). Net income: Rp29.3b (up 17% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: Rp105 (vs Rp71.96 in FY 2022)Full year 2023 results: EPS: Rp105 (up from Rp71.96 in FY 2022). Revenue: Rp2.97t (up 2.0% from FY 2022). Net income: Rp141.1b (up 45% from FY 2022). Profit margin: 4.8% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp42.61 (vs Rp24.39 in 3Q 2022)Third quarter 2023 results: EPS: Rp42.61 (up from Rp24.39 in 3Q 2022). Revenue: Rp765.4b (down 6.0% from 3Q 2022). Net income: Rp57.4b (up 75% from 3Q 2022). Profit margin: 7.5% (up from 4.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp31.06 (vs Rp11.57 in 2Q 2022)Second quarter 2023 results: EPS: Rp31.06 (up from Rp11.57 in 2Q 2022). Revenue: Rp630.4b (up 2.8% from 2Q 2022). Net income: Rp41.9b (up 168% from 2Q 2022). Profit margin: 6.6% (up from 2.5% in 2Q 2022). The increase in margin was primarily driven by higher 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 16% per year, which means it is well ahead of earnings.Buying Opportunity • Jul 07Now 21% undervaluedOver the last 90 days, the stock is up 4.4%. The fair value is estimated to be Rp1,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 26%.Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: Rp18.56 (vs Rp11.70 in 1Q 2022)First quarter 2023 results: EPS: Rp18.56 (up from Rp11.70 in 1Q 2022). Revenue: Rp682.5b (up 10% from 1Q 2022). Net income: Rp25.0b (up 59% from 1Q 2022). Profit margin: 3.7% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: Rp71.96 (vs Rp64.72 in FY 2021)Full year 2022 results: EPS: Rp71.96 (up from Rp64.72 in FY 2021). Revenue: Rp2.91t (down 12% from FY 2021). Net income: Rp97.1b (up 11% from FY 2021). Profit margin: 3.3% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. 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 1% per year, which means it is well ahead of earnings.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. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).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. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. 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 • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp970, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 19x in the Commercial Services industry in Indonesia. Total loss to shareholders of 21% over the past three years.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: Rp64.72 (up from Rp35.42 in FY 2020). Revenue: Rp3.30t (down 1.5% from FY 2020). Net income: Rp87.3b (up 83% from FY 2020). Profit margin: 2.6% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS Rp14.05 (vs Rp9.44 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp742.4b (down 17% from 3Q 2020). Net income: Rp18.9b (up 49% from 3Q 2020). Profit margin: 2.6% (up from 1.4% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS Rp12.34 (vs Rp13.79 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: Rp639.9b (down 14% from 2Q 2020). Net income: Rp16.6b (down 11% from 2Q 2020). Profit margin: 2.6% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 16New 90-day high: Rp845The company is up 13% from its price of Rp745 on 18 September 2020. The Indonesian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.Is New 90 Day High Low • Nov 06New 90-day low: Rp665The company is down 1.0% from its price of Rp670 on 07 August 2020. The Indonesian market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 6.0% over the same period.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp184.7b, down 25% from the prior year. Total revenue was Rp4.37t over the last 12 months, up 5.3% from the prior year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: ASGR 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: ASGR 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Astra Graphia 배당 수익률 vs 시장ASGR의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ASGR)13.7%시장 하위 25% (ID)1.2%시장 상위 25% (ID)6.2%업계 평균 (Commercial Services)5.5%분석가 예측 (ASGR) (최대 3년)n/a주목할만한 배당금: ASGR 의 배당금( 13.65% )은 ID 시장에서 배당금 지급자의 하위 25%( 1.21% )보다 높습니다.고배당: ASGR 의 배당금( 13.65% )은 ID 시장( 6.2% )주주 대상 이익 배당수익 보장: 지급 비율 ( 94% )이 높기 때문에 ASGR 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 67.4% )로 ASGR 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YID 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/15 19:37종가2026/08/14 00:00수익2026/06/30연간 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 Astra Graphia Tbk는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Erindra KrisnawanCGS InternationalAdi WicaksonoMaybank Research Pte. Ltd.Andri SiregarPT BNI Securities
Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.
Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).
Reported Earnings • Jul 30Second quarter 2026 earnings released: EPS: Rp51.14 (vs Rp43.79 in 2Q 2025)Second quarter 2026 results: EPS: Rp51.14 (up from Rp43.79 in 2Q 2025). Revenue: Rp796.5b (down 1.0% from 2Q 2025). Net income: Rp69.0b (up 17% from 2Q 2025). Profit margin: 8.7% (up from 7.3% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp1,735, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 14x in the Commercial Services industry in Indonesia. Total returns to shareholders of 138% over the past three years.
New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: Rp1.79t (US$98.7m) This is considered a minor 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: Minor Risks Dividend is not well covered by earnings (111% payout ratio). Market cap is less than US$100m (Rp1.79t market cap, or US$98.7m).
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: Rp51.52 (vs Rp34.93 in 1Q 2025)First quarter 2026 results: EPS: Rp51.52 (up from Rp34.93 in 1Q 2025). Revenue: Rp759.8b (up 5.3% from 1Q 2025). Net income: Rp69.5b (up 48% from 1Q 2025). Profit margin: 9.1% (up from 6.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공고 • Mar 10PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026PT Astra Graphia Tbk, Annual General Meeting, Apr 15, 2026.
Reported Earnings • Feb 25Full year 2025 earnings released: EPS: Rp201 (vs Rp152 in FY 2024)Full year 2025 results: EPS: Rp201 (up from Rp152 in FY 2024). Revenue: Rp2.99t (up 6.3% from FY 2024). Net income: Rp270.6b (up 32% from FY 2024). Profit margin: 9.0% (up from 7.3% 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 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 33%After last week's 33% share price gain to Rp1,590, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 100% over the past three years.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: Rp55.67 (vs Rp50.71 in 3Q 2024)Third quarter 2025 results: EPS: Rp55.67 (up from Rp50.71 in 3Q 2024). Revenue: Rp735.8b (down 1.9% from 3Q 2024). Net income: Rp75.1b (up 9.7% from 3Q 2024). Profit margin: 10% (up from 9.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 24No 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. 4 non-independent directors. Independent Commissioner Sidharta Utama was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Mar 13PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025PT Astra Graphia Tbk, Annual General Meeting, Apr 28, 2025.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: Rp50.73 (vs Rp42.58 in 3Q 2023)Third quarter 2024 results: EPS: Rp50.73 (up from Rp42.58 in 3Q 2023). Revenue: Rp750.4b (down 2.0% from 3Q 2023). Net income: Rp68.4b (up 19% from 3Q 2023). Profit margin: 9.1% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Oct 10First half dividend increased to Rp19.00Dividend of Rp19.00 is 46% higher than last year. Ex-date: 16th October 2024 Payment date: 24th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.
Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: Rp39.16 (vs Rp31.05 in 2Q 2023)Second quarter 2024 results: EPS: Rp39.16 (up from Rp31.05 in 2Q 2023). Revenue: Rp676.7b (up 7.3% from 2Q 2023). Net income: Rp52.8b (up 26% from 2Q 2023). Profit margin: 7.8% (up from 6.6% 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 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: Rp21.74 (vs Rp18.56 in 1Q 2023)First quarter 2024 results: EPS: Rp21.74 (up from Rp18.56 in 1Q 2023). Revenue: Rp611.4b (down 10% from 1Q 2023). Net income: Rp29.3b (up 17% from 1Q 2023). Profit margin: 4.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: Rp105 (vs Rp71.96 in FY 2022)Full year 2023 results: EPS: Rp105 (up from Rp71.96 in FY 2022). Revenue: Rp2.97t (up 2.0% from FY 2022). Net income: Rp141.1b (up 45% from FY 2022). Profit margin: 4.8% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: Rp42.61 (vs Rp24.39 in 3Q 2022)Third quarter 2023 results: EPS: Rp42.61 (up from Rp24.39 in 3Q 2022). Revenue: Rp765.4b (down 6.0% from 3Q 2022). Net income: Rp57.4b (up 75% from 3Q 2022). Profit margin: 7.5% (up from 4.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: Rp31.06 (vs Rp11.57 in 2Q 2022)Second quarter 2023 results: EPS: Rp31.06 (up from Rp11.57 in 2Q 2022). Revenue: Rp630.4b (up 2.8% from 2Q 2022). Net income: Rp41.9b (up 168% from 2Q 2022). Profit margin: 6.6% (up from 2.5% in 2Q 2022). The increase in margin was primarily driven by higher 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 16% per year, which means it is well ahead of earnings.
Buying Opportunity • Jul 07Now 21% undervaluedOver the last 90 days, the stock is up 4.4%. The fair value is estimated to be Rp1,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 26%.
Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: Rp18.56 (vs Rp11.70 in 1Q 2022)First quarter 2023 results: EPS: Rp18.56 (up from Rp11.70 in 1Q 2022). Revenue: Rp682.5b (up 10% from 1Q 2022). Net income: Rp25.0b (up 59% from 1Q 2022). Profit margin: 3.7% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: Rp71.96 (vs Rp64.72 in FY 2021)Full year 2022 results: EPS: Rp71.96 (up from Rp64.72 in FY 2021). Revenue: Rp2.91t (down 12% from FY 2021). Net income: Rp97.1b (up 11% from FY 2021). Profit margin: 3.3% (up from 2.6% in FY 2021). The increase in margin was driven by lower expenses. 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 1% per year, which means it is well ahead of earnings.
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. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 11Upcoming dividend of Rp8.00 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 24 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (2.1%).
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. 4 non-independent directors. Independent Commissioner Lukito Dewandaya was the last independent director to join the board, commencing their role in 2015. 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 • Apr 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp970, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 19x in the Commercial Services industry in Indonesia. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: Rp64.72 (up from Rp35.42 in FY 2020). Revenue: Rp3.30t (down 1.5% from FY 2020). Net income: Rp87.3b (up 83% from FY 2020). Profit margin: 2.6% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS Rp14.05 (vs Rp9.44 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp742.4b (down 17% from 3Q 2020). Net income: Rp18.9b (up 49% from 3Q 2020). Profit margin: 2.6% (up from 1.4% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS Rp12.34 (vs Rp13.79 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: Rp639.9b (down 14% from 2Q 2020). Net income: Rp16.6b (down 11% from 2Q 2020). Profit margin: 2.6% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 16New 90-day high: Rp845The company is up 13% from its price of Rp745 on 18 September 2020. The Indonesian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.
Is New 90 Day High Low • Nov 06New 90-day low: Rp665The company is down 1.0% from its price of Rp670 on 07 August 2020. The Indonesian market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 6.0% over the same period.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of Rp184.7b, down 25% from the prior year. Total revenue was Rp4.37t over the last 12 months, up 5.3% from the prior year.