Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to Rp165, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 26x in the Packaging industry in Indonesia. Total returns to shareholders of 232% over the past three years. 공시 • May 14
PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 30, 2026 PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 30, 2026. Recent Insider Transactions • May 03
President Director recently sold Rp5.9b worth of stock On the 29th of April, Eric Kurniawan sold around 35m shares on-market at roughly Rp167 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Eric's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Apr 27
Now 60% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to Rp118. The fair value is estimated to be Rp73.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 56%. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp93.00, the stock trades at a trailing P/E ratio of 71.8x. Average trailing P/E is 26x in the Packaging industry in Indonesia. Total returns to shareholders of 87% over the past three years. Buy Or Sell Opportunity • Apr 07
Now 44% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to Rp106. The fair value is estimated to be Rp73.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 56%. New Risk • Apr 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Market cap is less than US$10m (Rp93.2b market cap, or US$5.50m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (Rp58b revenue, or US$3.4m). Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to Rp84.00, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 26x in the Packaging industry in Indonesia. Total returns to shareholders of 69% over the past three years. Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: Rp1.30 (vs Rp0.79 in FY 2024) Full year 2025 results: EPS: Rp1.30 (up from Rp0.79 in FY 2024). Revenue: Rp58.0b (down 5.2% from FY 2024). Net income: Rp1.44b (up 64% from FY 2024). Profit margin: 2.5% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp69.00, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 33x in the Packaging industry in Indonesia. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp97.00, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 41x in the Packaging industry in Indonesia. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp97.00, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 36x in the Packaging industry in Indonesia. Total returns to shareholders of 52% over the past three years. Upcoming Dividend • Nov 03
Upcoming dividend of Rp0.50 per share Eligible shareholders must have bought the stock before 10 November 2025. Payment date: 28 November 2025. The company last paid an ordinary dividend in April 2020. The average dividend yield among industry peers is 4.6%. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: Rp0.28 (vs Rp0.18 in 3Q 2024) Third quarter 2025 results: EPS: Rp0.28 (up from Rp0.18 in 3Q 2024). Revenue: Rp14.1b (down 12% from 3Q 2024). Net income: Rp311.2m (up 54% from 3Q 2024). Profit margin: 2.2% (up from 1.3% 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 32% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. 공시 • May 05
PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 23, 2025 PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 23, 2025. Reported Earnings • Oct 30
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: Rp16.0b (flat on 3Q 2023). Net income: Rp202.7m (down 45% from 3Q 2023). Profit margin: 1.3% (down from 2.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp29.00, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 25x in the Packaging industry in Indonesia. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp29.00, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 26x in the Packaging industry in Indonesia. Total loss to shareholders of 46% over the past three years. Reported Earnings • Aug 02
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: Rp15.3b (up 9.9% from 2Q 2023). Net income: Rp270.8m (up 183% from 2Q 2023). Profit margin: 1.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp16.00, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 21x in the Packaging industry in Indonesia. Total loss to shareholders of 73% over the past three years. 공시 • May 22
PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 26, 2024 PT Sinergi Inti Plastindo Tbk, Annual General Meeting, Jun 26, 2024. New Risk • May 07
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (Rp27.7b market cap, or US$1.72m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Rp20.00, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 22x in the Packaging industry in Indonesia. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to Rp22.00, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 24x in the Packaging industry in Indonesia. Total loss to shareholders of 65% over the past three years. Reported Earnings • Apr 03
Full year 2023 earnings released: EPS: Rp0.79 (vs Rp0.90 in FY 2022) Full year 2023 results: EPS: Rp0.79 (down from Rp0.90 in FY 2022). Revenue: Rp62.1b (down 4.7% from FY 2022). Net income: Rp877.5m (down 4.3% from FY 2022). Profit margin: 1.4% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jan 28
President Director recently bought Rp20m worth of stock On the 22nd of January, Eric Kurniawan bought around 401k shares on-market at roughly Rp50.08 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 Eric's only on-market trade for the last 12 months. Reported Earnings • Oct 29
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: Rp15.9b (down 4.1% from 3Q 2022). Net income: Rp369.3m (up Rp317.0m from 3Q 2022). Profit margin: 2.3% (up from 0.3% in 3Q 2022). The increase in margin was driven by lower expenses. Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Rp14.0b (down 7.4% from 2Q 2022). Net income: Rp95.8m (down 26% from 2Q 2022). Profit margin: 0.7% (down from 0.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 02
Third quarter 2022 earnings released: EPS: Rp0.048 (vs Rp1.44 in 3Q 2021) Third quarter 2022 results: EPS: Rp0.048 (down from Rp1.44 in 3Q 2021). Revenue: Rp16.5b (up 9.2% from 3Q 2021). Net income: Rp52.3m (down 94% from 3Q 2021). Profit margin: 0.3% (down from 6.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 05
Second quarter 2022 earnings released: EPS: Rp0.12 (vs Rp0.078 in 2Q 2021) Second quarter 2022 results: EPS: Rp0.12 (up from Rp0.078 in 2Q 2021). Revenue: Rp15.1b (up 36% from 2Q 2021). Net income: Rp129.9m (up 160% from 2Q 2021). Profit margin: 0.9% (up from 0.5% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp87.00, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 11x in the Packaging industry in Indonesia. Total returns to shareholders of 46% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Rp90.00, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 14x in the Packaging industry in Indonesia. Total returns to shareholders of 51% over the past year. Reported Earnings • Jun 03
First quarter 2022 earnings released: EPS: Rp1.52 (vs Rp0.055 in 1Q 2021) First quarter 2022 results: EPS: Rp1.52 (up from Rp0.055 in 1Q 2021). Revenue: Rp18.0b (up 49% from 1Q 2021). Net income: Rp1.69b (up Rp1.65b from 1Q 2021). Profit margin: 9.4% (up from 0.3% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 24% share price gain to Rp119, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 18x in the Packaging industry in Indonesia. Total returns to shareholders of 87% over the past year. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorated over the past week After last week's 29% share price decline to Rp116, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 19x in the Packaging industry in Indonesia. Total returns to shareholders of 66% over the past year. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp150, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 21x in the Packaging industry in Indonesia. Total returns to shareholders of 103% over the past year. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 32% share price gain to Rp184, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 23x in the Packaging industry in Indonesia. Total returns to shareholders of 159% over the past year. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 27% share price gain to Rp162, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 25x in the Packaging industry in Indonesia. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Rp130, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 19x in the Packaging industry in Indonesia. Total returns to shareholders of 9.2% over the past year. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 22% share price gain to Rp107, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 16x in the Packaging industry in Indonesia. Total returns to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to Rp87.00, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 15x in the Packaging industry in Indonesia. Total loss to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 29% share price gain to Rp89.00, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 13x in the Packaging industry in Indonesia. Total loss to shareholders of 44% over the past year. Reported Earnings • Sep 06
Second quarter 2021 earnings released: EPS Rp0.075 (vs Rp0.70 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: Rp11.1b (up 1.3% from 2Q 2020). Net income: Rp50.0m (down 89% from 2Q 2020). Profit margin: 0.5% (down from 4.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Jun 30
Full year 2020 earnings released: EPS Rp2.72 (vs Rp3.40 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: Rp47.4b (down 11% from FY 2019). Net income: Rp1.74b (up 46% from FY 2019). Profit margin: 3.7% (up from 2.2% in FY 2019). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 40% share price gain to Rp105, the stock is trading at a trailing P/E ratio of 37.3x, up from the previous P/E ratio of 26.7x. This compares to an average P/E of 16x in the Packaging industry in Indonesia. Total return to shareholders over the past year is a loss of 35%. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to Rp75.00, the stock is trading at a trailing P/E ratio of 26.7x, down from the previous P/E ratio of 32.4x. This compares to an average P/E of 15x in the Packaging industry in Indonesia. Total return to shareholders over the past year is a loss of 66%. Is New 90 Day High Low • Jan 28
New 90-day low: Rp75.00 The company is down 26% from its price of Rp102 on 27 October 2020. The Indonesian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 18% over the same period. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 16% share price gain to Rp119, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 14x in the Packaging industry in Indonesia. Total return to shareholders over the past year is a loss of 61%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 21% share price gain to Rp111, the stock is trading at a trailing P/E ratio of 39.5x, up from the previous P/E ratio of 32.7x. This compares to an average P/E of 14x in the Packaging industry in Indonesia. Total return to shareholders over the past year is a loss of 64%. Valuation Update With 7 Day Price Move • Nov 12
Market pulls back on stock over the past week After last week's 17% share price decline to Rp78.00, the stock is trading at a trailing P/E ratio of 27.7x, down from the previous P/E ratio of 33.4x. This compares to an average P/E of 9x in the Packaging industry in Indonesia. Total return to shareholders over the past year is a loss of 72%. Is New 90 Day High Low • Nov 02
New 90-day low: Rp98.00 The company is down 60% from its price of Rp244 on 04 August 2020. The Indonesian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 3.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of Rp1.39b, up 15% from the prior year. Total revenue was Rp47.8b over the last 12 months, down 8.5% from the prior year. Valuation Update With 7 Day Price Move • Oct 16
Market pulls back on stock over the past week After last week's 16% share price decline to Rp134, the stock is trading at a trailing P/E ratio of 34.5x, down from the previous P/E ratio of 41x. This compares to an average P/E of 9x in the Packaging industry in Indonesia. Is New 90 Day High Low • Oct 16
New 90-day low: Rp134 The company is down 37% from its price of Rp212 on 17 July 2020. The Indonesian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: Rp152 The company is down 12% from its price of Rp172 on 26 June 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 2.0% over the same period.