View Future GrowthGema Grahasarana 과거 순이익 실적과거 기준 점검 0/6Gema Grahasarana은 연평균 22.3%의 비율로 수입이 증가해 온 반면, Consumer Durables 산업은 연평균 4.1%의 비율로 증가했습니다. 매출은 연평균 8%의 비율로 증가했습니다.핵심 정보22.29%순이익 성장률22.29%주당순이익(EPS) 성장률Consumer Durables 산업 성장률-13.49%매출 성장률7.96%자기자본이익률-0.47%순이익률-0.15%최근 순이익 업데이트30 Jun 2026최근 과거 실적 업데이트Reported Earnings • Aug 01Second quarter 2026 earnings released: Rp1.44 loss per share (vs Rp7.06 profit in 2Q 2025)Second quarter 2026 results: Rp1.44 loss per share (down from Rp7.06 profit in 2Q 2025). Revenue: Rp376.7b (up 6.1% from 2Q 2025). Net loss: Rp2.30b (down 120% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 01First quarter 2026 earnings released: Rp4.50 loss per share (vs Rp1.64 profit in 1Q 2025)First quarter 2026 results: Rp4.50 loss per share (down from Rp1.64 profit in 1Q 2025). Revenue: Rp336.8b (down 11% from 1Q 2025). Net loss: Rp7.19b (down 374% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: Rp13.27 (vs Rp11.46 in FY 2024)Full year 2025 results: EPS: Rp13.27 (up from Rp11.46 in FY 2024). Revenue: Rp1.50t (up 4.4% from FY 2024). Net income: Rp21.2b (up 16% from FY 2024). Profit margin: 1.4% (up from 1.3% 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 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 26Third quarter 2025 earnings released: Rp5.53 loss per share (vs Rp0.54 profit in 3Q 2024)Third quarter 2025 results: Rp5.53 loss per share (down from Rp0.54 profit in 3Q 2024). Revenue: Rp305.3b (down 6.8% from 3Q 2024). Net loss: Rp8.85b (down Rp9.72b from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: Rp1.12 (vs Rp1.34 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.12 (down from Rp1.34 in 2Q 2023). Revenue: Rp330.0b (up 19% from 2Q 2023). Net income: Rp1.79b (down 16% from 2Q 2023). Profit margin: 0.5% (down from 0.8% 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 44% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 01Full year 2023 earnings released: EPS: Rp8.52 (vs Rp0.13 in FY 2022)Full year 2023 results: EPS: Rp8.52 (up from Rp0.13 in FY 2022). Revenue: Rp1.27t (up 14% from FY 2022). Net income: Rp13.6b (up Rp13.4b from FY 2022). Profit margin: 1.1% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesReported Earnings • Aug 01Second quarter 2026 earnings released: Rp1.44 loss per share (vs Rp7.06 profit in 2Q 2025)Second quarter 2026 results: Rp1.44 loss per share (down from Rp7.06 profit in 2Q 2025). Revenue: Rp376.7b (up 6.1% from 2Q 2025). Net loss: Rp2.30b (down 120% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • May 28Upcoming dividend of Rp2.00 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Indonesian dividend payers (6.4%). Higher than average of industry peers (2.9%).New Risk • May 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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). Market cap is less than US$10m (Rp142.1b market cap, or US$8.24m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • May 01First quarter 2026 earnings released: Rp4.50 loss per share (vs Rp1.64 profit in 1Q 2025)First quarter 2026 results: Rp4.50 loss per share (down from Rp1.64 profit in 1Q 2025). Revenue: Rp336.8b (down 11% from 1Q 2025). Net loss: Rp7.19b (down 374% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공고 • Apr 14PT Gema Grahasarana Tbk, Annual General Meeting, May 20, 2026PT Gema Grahasarana Tbk, Annual General Meeting, May 20, 2026.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: Rp13.27 (vs Rp11.46 in FY 2024)Full year 2025 results: EPS: Rp13.27 (up from Rp11.46 in FY 2024). Revenue: Rp1.50t (up 4.4% from FY 2024). Net income: Rp21.2b (up 16% from FY 2024). Profit margin: 1.4% (up from 1.3% 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 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공고 • Dec 12PT Gema Grahasarana Tbk (IDX:GEMA) announces an Equity Buyback for 20% of its issued share capital, for IDR 7,000 million.PT Gema Grahasarana Tbk (IDX:GEMA) announces a share repurchase program. Under the program, the company will repurchase up to 20% of the issued share capital for IDR 7,000 million. The share repurchase will be conducted at price that is lower than or equal to the price of previous transaction. The program will be funded from company's internal funds. The program will be valid till March 12, 2026.Recent Insider Transactions • Nov 27President Director recently bought Rp9.4m worth of stockOn the 24th of November, Pulung Peranginangin bought around 100k shares on-market at roughly Rp94.00 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp9.6m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp445m worth in shares.Recent Insider Transactions • Nov 05President Director recently bought Rp8.8m worth of stockOn the 3rd of November, Pulung Peranginangin bought around 100k shares on-market at roughly Rp88.00 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp434m worth in shares.Reported Earnings • Oct 26Third quarter 2025 earnings released: Rp5.53 loss per share (vs Rp0.54 profit in 3Q 2024)Third quarter 2025 results: Rp5.53 loss per share (down from Rp0.54 profit in 3Q 2024). Revenue: Rp305.3b (down 6.8% from 3Q 2024). Net loss: Rp8.85b (down Rp9.72b from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.New Risk • Oct 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Rp156.8b (US$9.41m) 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 Interest payments are not well covered by earnings (2.5x net interest cover). Market cap is less than US$10m (Rp156.8b market cap, or US$9.41m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.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. 6 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공고 • Jul 02PT Gema Grahasarana Tbk announces Annual dividend, payable on July 31, 2025PT Gema Grahasarana Tbk announced Annual dividend of IDR 3.0000 per share payable on July 31, 2025, ex-date on July 08, 2025 and record date on July 09, 2025.공고 • May 21PT Gema Grahasarana Tbk, Annual General Meeting, Jun 26, 2025PT Gema Grahasarana Tbk, Annual General Meeting, Jun 26, 2025.Recent Insider Transactions • Nov 08President Director recently bought Rp9.7m worth of stockOn the 5th of November, Pulung Peranginangin bought around 36k shares on-market at roughly Rp267 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp20m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp236m worth in shares.Recent Insider Transactions • Oct 29President Director recently bought Rp2.7m worth of stockOn the 28th of October, Pulung Peranginangin bought around 10k shares on-market at roughly Rp265 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp20m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp226m worth in shares.Recent Insider Transactions • Sep 12President Director recently bought Rp8.2m worth of stockOn the 11th of September, Pulung Peranginangin bought around 30k shares on-market at roughly Rp273 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp18m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp206m worth in shares.New Risk • Sep 10New 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 9.7% 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (Rp425.6b market cap, or US$27.7m).Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Rp326, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 23x in the Consumer Durables industry in Indonesia. Total loss to shareholders of 8.8% over the past three years.Recent Insider Transactions • Aug 31President Director recently bought Rp6.2m worth of stockOn the 29th of August, Pulung Peranginangin bought around 23k shares on-market at roughly Rp272 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp18m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp206m worth in shares.Recent Insider Transactions • Aug 20President Director recently bought Rp18m worth of stockOn the 16th of August, Pulung Peranginangin bought around 65k shares on-market at roughly Rp281 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp216m worth in shares.Recent Insider Transactions • Aug 05President Director recently bought Rp12m worth of stockOn the 2nd of August, Pulung Peranginangin bought around 41k shares on-market at roughly Rp285 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp200m worth in shares.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: Rp1.12 (vs Rp1.34 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.12 (down from Rp1.34 in 2Q 2023). Revenue: Rp330.0b (up 19% from 2Q 2023). Net income: Rp1.79b (down 16% from 2Q 2023). Profit margin: 0.5% (down from 0.8% 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 44% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jul 02President Director recently bought Rp8.7m worth of stockOn the 28th of June, Pulung Peranginangin bought around 31k shares on-market at roughly Rp281 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp9.2m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp186m worth in shares.Recent Insider Transactions • Jun 02President Commissioner recently bought Rp1.6b worth of stockOn the 30th of May, Dedy Rochimat bought around 11m shares on-market at roughly Rp150 per share. This transaction increased Dedy's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.8b more in shares than they have sold in the last 12 months.공고 • May 16PT Gema Grahasarana Tbk, Annual General Meeting, Jun 19, 2024PT Gema Grahasarana Tbk, Annual General Meeting, Jun 19, 2024.Reported Earnings • Apr 01Full year 2023 earnings released: EPS: Rp8.52 (vs Rp0.13 in FY 2022)Full year 2023 results: EPS: Rp8.52 (up from Rp0.13 in FY 2022). Revenue: Rp1.27t (up 14% from FY 2022). Net income: Rp13.6b (up Rp13.4b from FY 2022). Profit margin: 1.1% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Mar 09President Commissioner recently bought Rp4.7m worth of stockOn the 6th of March, Pulung Peranginangin bought around 18k shares on-market at roughly Rp270 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp232m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jan 31President Commissioner recently bought Rp2.8m worth of stockOn the 26th of January, Pulung Peranginangin bought around 12k shares on-market at roughly Rp241 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp222m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jan 21President Commissioner recently bought Rp2.2m worth of stockOn the 15th of January, Pulung Peranginangin bought around 8k shares on-market at roughly Rp281 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp215m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jan 08President Commissioner recently bought Rp13m worth of stockOn the 4th of January, Pulung Peranginangin bought around 46k shares on-market at roughly Rp287 per share. This transaction amounted to 1.9% 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 Rp213m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp278, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Consumer Durables industry in Asia. Total loss to shareholders of 20% over the past three years.Recent Insider Transactions • Nov 17President Commissioner recently bought Rp8.9m worth of stockOn the 15th of November, Pulung Peranginangin bought around 31k shares on-market at roughly Rp292 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Insiders have collectively bought Rp212m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Oct 14President Commissioner recently bought Rp5.8m worth of stockOn the 12th of October, Pulung Peranginangin bought around 22k shares on-market at roughly Rp266 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Insiders have collectively bought Rp167m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Oct 07President Commissioner recently bought Rp7.8m worth of stockOn the 2nd of October, Pulung Peranginangin bought around 25k shares on-market at roughly Rp318 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp33m. Insiders have collectively bought Rp162m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 50%After last week's 50% share price gain to Rp392, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 18x in the Consumer Durables industry in Asia. Total returns to shareholders of 5.9% over the past three years.Recent Insider Transactions • Sep 22President Commissioner recently bought Rp3.8m worth of stockOn the 20th of September, Pulung Peranginangin bought around 13k shares on-market at roughly Rp298 per share. This transaction amounted to less than 1% 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 • Jul 30Second quarter 2023 earnings released: EPS: Rp1.34 (vs Rp17.16 loss in 2Q 2022)Second quarter 2023 results: EPS: Rp1.34 (up from Rp17.16 loss in 2Q 2022). Revenue: Rp278.5b (up 19% from 2Q 2022). Net income: Rp2.14b (up Rp29.6b from 2Q 2022). Profit margin: 0.8% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: Rp0.13 (vs Rp8.03 in FY 2021)Full year 2022 results: EPS: Rp0.13 (down from Rp8.03 in FY 2021). Revenue: Rp1.11t (flat on FY 2021). Net income: Rp207.7m (down 98% from FY 2021). Profit margin: 0% (down from 1.2% in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.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. 6 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 29Full year 2021 earnings released: EPS: Rp8.03 (vs Rp0.79 in FY 2020)Full year 2021 results: EPS: Rp8.03 (up from Rp0.79 in FY 2020). Revenue: Rp1.11t (up 13% from FY 2020). Net income: Rp12.9b (up Rp11.6b from FY 2020). Profit margin: 1.2% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 04Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: Rp0.51 (down from Rp1.17 in 3Q 2020). Revenue: Rp269.8b (up 14% from 3Q 2020). Net income: Rp822.0m (down 56% from 3Q 2020). Profit margin: 0.3% (down from 0.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 02First quarter 2021 earnings released: EPS Rp2.05 (vs Rp0.87 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Rp254.8b (down 1.9% from 1Q 2020). Net income: Rp3.28b (up 137% from 1Q 2020). Profit margin: 1.3% (up from 0.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 20New 90-day high: Rp372The company is up 10.0% from its price of Rp338 on 23 October 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 30% over the same period.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to Rp344, the stock is trading at a trailing P/E ratio of 59.4x, up from the previous P/E ratio of 51.4x. This compares to an average P/E of 31x in the Consumer Durables industry in Indonesia. Total returns to shareholders over the past three years are 98%.Is New 90 Day High Low • Nov 16New 90-day low: Rp298The company is down 12% from its price of Rp340 on 18 August 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 35% over the same period.Valuation Update With 7 Day Price Move • Oct 22Market pulls back on stock over the past weekAfter last week's 17% share price decline to Rp308, the stock is trading at a trailing P/E ratio of 33.5x, down from the previous P/E ratio of 40.5x. This compares to an average P/E of 20x in the Consumer Durables industry in Indonesia. Total returns to shareholders over the past three years are 102%.Is New 90 Day High Low • Oct 21New 90-day low: Rp330The company is down 10.0% from its price of Rp366 on 23 July 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period.매출 및 비용 세부 내역Gema Grahasarana가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이IDX:GEMA 매출, 비용 및 순이익 (IDR Millions)날짜매출순이익일반관리비연구개발비30 Jun 261,475,487-2,182278,412031 Mar 261,453,87511,418286,588031 Dec 251,496,50421,235289,238030 Sep 251,474,56518,585286,946030 Jun 251,496,93728,303284,099031 Mar 251,471,81318,794278,234031 Dec 241,434,11018,331269,807030 Sep 241,385,05213,755267,242030 Jun 241,388,57113,865251,013031 Mar 241,337,15914,213245,529031 Dec 231,267,99113,637238,265030 Sep 231,200,36236,467225,886030 Jun 231,159,12830,274218,584031 Mar 231,114,940687216,618031 Dec 221,109,283208215,534030 Sep 221,118,038-26,548221,395030 Jun 221,097,963-20,511218,059031 Mar 221,122,52110,675208,349031 Dec 211,110,43212,851196,992030 Sep 211,104,0415,560187,867030 Jun 211,069,9596,613179,868031 Mar 21979,3603,157171,764031 Dec 20984,3471,261179,708030 Sep 201,006,8369,270190,766030 Jun 201,114,63614,695199,955031 Mar 201,164,51615,395209,396031 Dec 191,187,27025,846202,420030 Sep 191,094,38923,239180,122030 Jun 191,043,55021,745163,676031 Mar 191,174,85723,649155,716031 Dec 181,176,67921,624148,966030 Sep 181,221,35928,976154,120030 Jun 181,169,24728,422158,627031 Mar 18976,35525,845152,141031 Dec 17884,58923,890147,545030 Sep 17864,66623,365150,969030 Jun 17888,39825,868143,665031 Mar 17949,58429,486139,795031 Dec 16942,77630,716138,121030 Sep 16911,35131,187128,832030 Jun 16820,98420,478128,761031 Mar 16834,36824,629126,547031 Dec 15837,43324,856121,537030 Sep 15772,20224,438121,0240양질의 수익: GEMA 은(는) 현재 수익성이 없습니다.이익 마진 증가: GEMA는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: GEMA는 수익성이 없지만 지난 5년 동안 연평균 22.3%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 GEMA의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: GEMA은 수익성이 없어 지난 해 수익 성장률을 Consumer Durables 업계(-0.2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: GEMA는 현재 수익성이 없으므로 자본 수익률이 음수(-0.47%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/20 06:56종가2026/08/20 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 Gema Grahasarana Tbk는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Matthew WibowoRHB Investment Bank
Reported Earnings • Aug 01Second quarter 2026 earnings released: Rp1.44 loss per share (vs Rp7.06 profit in 2Q 2025)Second quarter 2026 results: Rp1.44 loss per share (down from Rp7.06 profit in 2Q 2025). Revenue: Rp376.7b (up 6.1% from 2Q 2025). Net loss: Rp2.30b (down 120% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 01First quarter 2026 earnings released: Rp4.50 loss per share (vs Rp1.64 profit in 1Q 2025)First quarter 2026 results: Rp4.50 loss per share (down from Rp1.64 profit in 1Q 2025). Revenue: Rp336.8b (down 11% from 1Q 2025). Net loss: Rp7.19b (down 374% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: Rp13.27 (vs Rp11.46 in FY 2024)Full year 2025 results: EPS: Rp13.27 (up from Rp11.46 in FY 2024). Revenue: Rp1.50t (up 4.4% from FY 2024). Net income: Rp21.2b (up 16% from FY 2024). Profit margin: 1.4% (up from 1.3% 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 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 26Third quarter 2025 earnings released: Rp5.53 loss per share (vs Rp0.54 profit in 3Q 2024)Third quarter 2025 results: Rp5.53 loss per share (down from Rp0.54 profit in 3Q 2024). Revenue: Rp305.3b (down 6.8% from 3Q 2024). Net loss: Rp8.85b (down Rp9.72b from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: Rp1.12 (vs Rp1.34 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.12 (down from Rp1.34 in 2Q 2023). Revenue: Rp330.0b (up 19% from 2Q 2023). Net income: Rp1.79b (down 16% from 2Q 2023). Profit margin: 0.5% (down from 0.8% 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 44% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 01Full year 2023 earnings released: EPS: Rp8.52 (vs Rp0.13 in FY 2022)Full year 2023 results: EPS: Rp8.52 (up from Rp0.13 in FY 2022). Revenue: Rp1.27t (up 14% from FY 2022). Net income: Rp13.6b (up Rp13.4b from FY 2022). Profit margin: 1.1% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 01Second quarter 2026 earnings released: Rp1.44 loss per share (vs Rp7.06 profit in 2Q 2025)Second quarter 2026 results: Rp1.44 loss per share (down from Rp7.06 profit in 2Q 2025). Revenue: Rp376.7b (up 6.1% from 2Q 2025). Net loss: Rp2.30b (down 120% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • May 28Upcoming dividend of Rp2.00 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Indonesian dividend payers (6.4%). Higher than average of industry peers (2.9%).
New Risk • May 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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). Market cap is less than US$10m (Rp142.1b market cap, or US$8.24m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • May 01First quarter 2026 earnings released: Rp4.50 loss per share (vs Rp1.64 profit in 1Q 2025)First quarter 2026 results: Rp4.50 loss per share (down from Rp1.64 profit in 1Q 2025). Revenue: Rp336.8b (down 11% from 1Q 2025). Net loss: Rp7.19b (down 374% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공고 • Apr 14PT Gema Grahasarana Tbk, Annual General Meeting, May 20, 2026PT Gema Grahasarana Tbk, Annual General Meeting, May 20, 2026.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: Rp13.27 (vs Rp11.46 in FY 2024)Full year 2025 results: EPS: Rp13.27 (up from Rp11.46 in FY 2024). Revenue: Rp1.50t (up 4.4% from FY 2024). Net income: Rp21.2b (up 16% from FY 2024). Profit margin: 1.4% (up from 1.3% 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 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공고 • Dec 12PT Gema Grahasarana Tbk (IDX:GEMA) announces an Equity Buyback for 20% of its issued share capital, for IDR 7,000 million.PT Gema Grahasarana Tbk (IDX:GEMA) announces a share repurchase program. Under the program, the company will repurchase up to 20% of the issued share capital for IDR 7,000 million. The share repurchase will be conducted at price that is lower than or equal to the price of previous transaction. The program will be funded from company's internal funds. The program will be valid till March 12, 2026.
Recent Insider Transactions • Nov 27President Director recently bought Rp9.4m worth of stockOn the 24th of November, Pulung Peranginangin bought around 100k shares on-market at roughly Rp94.00 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp9.6m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp445m worth in shares.
Recent Insider Transactions • Nov 05President Director recently bought Rp8.8m worth of stockOn the 3rd of November, Pulung Peranginangin bought around 100k shares on-market at roughly Rp88.00 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp434m worth in shares.
Reported Earnings • Oct 26Third quarter 2025 earnings released: Rp5.53 loss per share (vs Rp0.54 profit in 3Q 2024)Third quarter 2025 results: Rp5.53 loss per share (down from Rp0.54 profit in 3Q 2024). Revenue: Rp305.3b (down 6.8% from 3Q 2024). Net loss: Rp8.85b (down Rp9.72b from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
New Risk • Oct 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: Rp156.8b (US$9.41m) 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 Interest payments are not well covered by earnings (2.5x net interest cover). Market cap is less than US$10m (Rp156.8b market cap, or US$9.41m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
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. 6 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공고 • Jul 02PT Gema Grahasarana Tbk announces Annual dividend, payable on July 31, 2025PT Gema Grahasarana Tbk announced Annual dividend of IDR 3.0000 per share payable on July 31, 2025, ex-date on July 08, 2025 and record date on July 09, 2025.
공고 • May 21PT Gema Grahasarana Tbk, Annual General Meeting, Jun 26, 2025PT Gema Grahasarana Tbk, Annual General Meeting, Jun 26, 2025.
Recent Insider Transactions • Nov 08President Director recently bought Rp9.7m worth of stockOn the 5th of November, Pulung Peranginangin bought around 36k shares on-market at roughly Rp267 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp20m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp236m worth in shares.
Recent Insider Transactions • Oct 29President Director recently bought Rp2.7m worth of stockOn the 28th of October, Pulung Peranginangin bought around 10k shares on-market at roughly Rp265 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp20m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp226m worth in shares.
Recent Insider Transactions • Sep 12President Director recently bought Rp8.2m worth of stockOn the 11th of September, Pulung Peranginangin bought around 30k shares on-market at roughly Rp273 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp18m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp206m worth in shares.
New Risk • Sep 10New 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 9.7% 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.7% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (Rp425.6b market cap, or US$27.7m).
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Rp326, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 23x in the Consumer Durables industry in Indonesia. Total loss to shareholders of 8.8% over the past three years.
Recent Insider Transactions • Aug 31President Director recently bought Rp6.2m worth of stockOn the 29th of August, Pulung Peranginangin bought around 23k shares on-market at roughly Rp272 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp18m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp206m worth in shares.
Recent Insider Transactions • Aug 20President Director recently bought Rp18m worth of stockOn the 16th of August, Pulung Peranginangin bought around 65k shares on-market at roughly Rp281 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp216m worth in shares.
Recent Insider Transactions • Aug 05President Director recently bought Rp12m worth of stockOn the 2nd of August, Pulung Peranginangin bought around 41k shares on-market at roughly Rp285 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp200m worth in shares.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: Rp1.12 (vs Rp1.34 in 2Q 2023)Second quarter 2024 results: EPS: Rp1.12 (down from Rp1.34 in 2Q 2023). Revenue: Rp330.0b (up 19% from 2Q 2023). Net income: Rp1.79b (down 16% from 2Q 2023). Profit margin: 0.5% (down from 0.8% 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 44% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jul 02President Director recently bought Rp8.7m worth of stockOn the 28th of June, Pulung Peranginangin bought around 31k shares on-market at roughly Rp281 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp9.2m. Pulung has been a buyer over the last 12 months, purchasing a net total of Rp186m worth in shares.
Recent Insider Transactions • Jun 02President Commissioner recently bought Rp1.6b worth of stockOn the 30th of May, Dedy Rochimat bought around 11m shares on-market at roughly Rp150 per share. This transaction increased Dedy's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.8b more in shares than they have sold in the last 12 months.
공고 • May 16PT Gema Grahasarana Tbk, Annual General Meeting, Jun 19, 2024PT Gema Grahasarana Tbk, Annual General Meeting, Jun 19, 2024.
Reported Earnings • Apr 01Full year 2023 earnings released: EPS: Rp8.52 (vs Rp0.13 in FY 2022)Full year 2023 results: EPS: Rp8.52 (up from Rp0.13 in FY 2022). Revenue: Rp1.27t (up 14% from FY 2022). Net income: Rp13.6b (up Rp13.4b from FY 2022). Profit margin: 1.1% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Mar 09President Commissioner recently bought Rp4.7m worth of stockOn the 6th of March, Pulung Peranginangin bought around 18k shares on-market at roughly Rp270 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp232m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jan 31President Commissioner recently bought Rp2.8m worth of stockOn the 26th of January, Pulung Peranginangin bought around 12k shares on-market at roughly Rp241 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp222m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jan 21President Commissioner recently bought Rp2.2m worth of stockOn the 15th of January, Pulung Peranginangin bought around 8k shares on-market at roughly Rp281 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp13m. Insiders have collectively bought Rp215m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jan 08President Commissioner recently bought Rp13m worth of stockOn the 4th of January, Pulung Peranginangin bought around 46k shares on-market at roughly Rp287 per share. This transaction amounted to 1.9% 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 Rp213m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp278, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Consumer Durables industry in Asia. Total loss to shareholders of 20% over the past three years.
Recent Insider Transactions • Nov 17President Commissioner recently bought Rp8.9m worth of stockOn the 15th of November, Pulung Peranginangin bought around 31k shares on-market at roughly Rp292 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Insiders have collectively bought Rp212m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Oct 14President Commissioner recently bought Rp5.8m worth of stockOn the 12th of October, Pulung Peranginangin bought around 22k shares on-market at roughly Rp266 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp12m. Insiders have collectively bought Rp167m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Oct 07President Commissioner recently bought Rp7.8m worth of stockOn the 2nd of October, Pulung Peranginangin bought around 25k shares on-market at roughly Rp318 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp33m. Insiders have collectively bought Rp162m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 50%After last week's 50% share price gain to Rp392, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 18x in the Consumer Durables industry in Asia. Total returns to shareholders of 5.9% over the past three years.
Recent Insider Transactions • Sep 22President Commissioner recently bought Rp3.8m worth of stockOn the 20th of September, Pulung Peranginangin bought around 13k shares on-market at roughly Rp298 per share. This transaction amounted to less than 1% 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 • Jul 30Second quarter 2023 earnings released: EPS: Rp1.34 (vs Rp17.16 loss in 2Q 2022)Second quarter 2023 results: EPS: Rp1.34 (up from Rp17.16 loss in 2Q 2022). Revenue: Rp278.5b (up 19% from 2Q 2022). Net income: Rp2.14b (up Rp29.6b from 2Q 2022). Profit margin: 0.8% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: Rp0.13 (vs Rp8.03 in FY 2021)Full year 2022 results: EPS: Rp0.13 (down from Rp8.03 in FY 2021). Revenue: Rp1.11t (flat on FY 2021). Net income: Rp207.7m (down 98% from FY 2021). Profit margin: 0% (down from 1.2% in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
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. 6 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 29Full year 2021 earnings released: EPS: Rp8.03 (vs Rp0.79 in FY 2020)Full year 2021 results: EPS: Rp8.03 (up from Rp0.79 in FY 2020). Revenue: Rp1.11t (up 13% from FY 2020). Net income: Rp12.9b (up Rp11.6b from FY 2020). Profit margin: 1.2% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 04Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: Rp0.51 (down from Rp1.17 in 3Q 2020). Revenue: Rp269.8b (up 14% from 3Q 2020). Net income: Rp822.0m (down 56% from 3Q 2020). Profit margin: 0.3% (down from 0.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 26%. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Commissioner Ir. Hamsal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 02First quarter 2021 earnings released: EPS Rp2.05 (vs Rp0.87 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: Rp254.8b (down 1.9% from 1Q 2020). Net income: Rp3.28b (up 137% from 1Q 2020). Profit margin: 1.3% (up from 0.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 20New 90-day high: Rp372The company is up 10.0% from its price of Rp338 on 23 October 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 30% over the same period.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to Rp344, the stock is trading at a trailing P/E ratio of 59.4x, up from the previous P/E ratio of 51.4x. This compares to an average P/E of 31x in the Consumer Durables industry in Indonesia. Total returns to shareholders over the past three years are 98%.
Is New 90 Day High Low • Nov 16New 90-day low: Rp298The company is down 12% from its price of Rp340 on 18 August 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 35% over the same period.
Valuation Update With 7 Day Price Move • Oct 22Market pulls back on stock over the past weekAfter last week's 17% share price decline to Rp308, the stock is trading at a trailing P/E ratio of 33.5x, down from the previous P/E ratio of 40.5x. This compares to an average P/E of 20x in the Consumer Durables industry in Indonesia. Total returns to shareholders over the past three years are 102%.
Is New 90 Day High Low • Oct 21New 90-day low: Rp330The company is down 10.0% from its price of Rp366 on 23 July 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period.