View ValuationSolusi Sinergi Digital 향후 성장Future 기준 점검 5/6Solusi Sinergi Digital (는) 각각 연간 27.7% 및 27.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 31.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 19% 로 예상됩니다.핵심 정보27.7%이익 성장률31.19%EPS 성장률Media 이익 성장22.6%매출 성장률27.5%향후 자기자본이익률18.97%애널리스트 커버리지Good마지막 업데이트29 May 2026최근 향후 성장 업데이트Price Target Changed • Jun 03Price target decreased by 7.4% to Rp4,281Down from Rp4,625, the current price target is an average from 8 analysts. New target price is 120% above last closing price of Rp1,945. Stock is down 6.9% over the past year. The company is forecast to post earnings per share of Rp200 for next year compared to Rp111 last year.Major Estimate Revision • Apr 25Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from Rp5.37b to Rp4.33b. EPS estimate fell from Rp230 to Rp204 per share. Net income forecast to grow 196% next year vs 15% growth forecast for Media industry in Indonesia. Consensus price target down from Rp4,625 to Rp4,431. Share price fell 11% to Rp2,250 over the past week.Major Estimate Revision • Dec 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from Rp1.69b to Rp1.65b. EPS estimate also fell from Rp104 per share to Rp93.18 per share. Net income forecast to grow 162% next year vs 16% growth forecast for Media industry in Indonesia. Consensus price target of Rp4,378 unchanged from last update. Share price fell 6.3% to Rp3,250 over the past week.Price Target Changed • Oct 24Price target increased by 17% to Rp3,480Up from Rp2,980, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of Rp3,200. Stock is up 680% over the past year. The company is forecast to post earnings per share of Rp85.70 for next year compared to Rp99.58 last year.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to Rp1,700, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Asia. Total returns to shareholders of 717% over the past three years.Price Target Changed • Jun 03Price target decreased by 7.4% to Rp4,281Down from Rp4,625, the current price target is an average from 8 analysts. New target price is 120% above last closing price of Rp1,945. Stock is down 6.9% over the past year. The company is forecast to post earnings per share of Rp200 for next year compared to Rp111 last year.공시 • May 23PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 30, 2026PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 30, 2026.New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 22% Last year net profit margin: 37% 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 High level of non-cash earnings (99% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (22% net profit margin).Reported Earnings • May 05First quarter 2026 earnings released: EPS: Rp44.75 (vs Rp35.57 in 1Q 2025)First quarter 2026 results: EPS: Rp44.75 (up from Rp35.57 in 1Q 2025). Revenue: Rp783.6b (up 238% from 1Q 2025). Net income: Rp164.5b (up 99% from 1Q 2025). Profit margin: 21% (down from 36% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 25Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from Rp5.37b to Rp4.33b. EPS estimate fell from Rp230 to Rp204 per share. Net income forecast to grow 196% next year vs 15% growth forecast for Media industry in Indonesia. Consensus price target down from Rp4,625 to Rp4,431. Share price fell 11% to Rp2,250 over the past week.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp2,470, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Asia. Total returns to shareholders of 1,234% over the past three years.Reported Earnings • Mar 27Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: Rp111 (up from Rp99.58 in FY 2024). Revenue: Rp1.66t (up 147% from FY 2024). Net income: Rp408.6b (up 77% from FY 2024). Profit margin: 25% (down from 34% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp2,160, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 1,517% over the past three years.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to Rp2,530, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Media industry in Asia. Total returns to shareholders of 1,939% over the past three years.New Risk • Dec 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (119% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Major Estimate Revision • Dec 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from Rp1.69b to Rp1.65b. EPS estimate also fell from Rp104 per share to Rp93.18 per share. Net income forecast to grow 162% next year vs 16% growth forecast for Media industry in Indonesia. Consensus price target of Rp4,378 unchanged from last update. Share price fell 6.3% to Rp3,250 over the past week.Reported Earnings • Dec 13Third quarter 2025 earnings released: EPS: Rp11.43 (vs Rp26.37 in 3Q 2024)Third quarter 2025 results: EPS: Rp11.43 (down from Rp26.37 in 3Q 2024). Revenue: Rp501.4b (up 156% from 3Q 2024). Net income: Rp32.2b (down 48% from 3Q 2024). Profit margin: 6.4% (down from 32% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 192% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp3,200, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Media industry in Asia. Total returns to shareholders of 1,577% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,484 per share.Price Target Changed • Oct 24Price target increased by 17% to Rp3,480Up from Rp2,980, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of Rp3,200. Stock is up 680% over the past year. The company is forecast to post earnings per share of Rp85.70 for next year compared to Rp99.58 last year.공시 • May 19PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 12, 2025PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 12, 2025.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp432, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 39% over the past three years.Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: Rp27.59 (vs Rp6.25 in 3Q 2023)Third quarter 2024 results: EPS: Rp27.59 (up from Rp6.25 in 3Q 2023). Revenue: Rp195.9b (up 24% from 3Q 2023). Net income: Rp62.2b (up 341% from 3Q 2023). Profit margin: 32% (up from 8.9% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp316, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 54% over the past three years.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp25.39 (vs Rp4.72 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp25.39 (up from Rp4.72 loss in 2Q 2023). Revenue: Rp169.2b (up 72% from 2Q 2023). Net income: Rp60.5b (up Rp71.1b from 2Q 2023). Profit margin: 36% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp232, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 17x in the Media industry in Indonesia. Total loss to shareholders of 72% over the past three years.New Risk • Jul 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (Rp435.3b market cap, or US$26.6m).Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp166, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 18x in the Media industry in Indonesia. Total loss to shareholders of 84% over the past three years.공시 • May 11PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 06, 2024PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 06, 2024.Reported Earnings • Apr 20Full year 2023 earnings released: EPS: Rp25.96 (vs Rp28.29 in FY 2022)Full year 2023 results: EPS: Rp25.96. Revenue: Rp439.3b (down 4.8% from FY 2022). Net income: Rp58.5b (flat on FY 2022). Profit margin: 13% (in line with FY 2022).Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp165, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 19x in the Media industry in Indonesia. Total loss to shareholders of 78% over the past three years.Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp98.6b (down 26% from 2Q 2022). Net loss: Rp10.6b (down 169% from profit in 2Q 2022).Valuation Update With 7 Day Price Move • Jul 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to Rp181, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 36% over the past year.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp260, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 18% over the past year.Reported Earnings • Apr 07Full year 2022 earnings released: EPS: Rp28.29 (vs Rp13.14 in FY 2021)Full year 2022 results: EPS: Rp28.29 (up from Rp13.14 in FY 2021). Revenue: Rp461.3b (up 18% from FY 2021). Net income: Rp58.5b (up 126% from FY 2021). Profit margin: 13% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Rp172, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 10x in the Media industry in Indonesia. Total loss to shareholders of 65% over the past year.Reported Earnings • Nov 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: Rp99.0b (up 7.0% from 3Q 2021). Net loss: Rp5.00b (loss narrowed 47% from 3Q 2021).Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Heri Sunaryadi 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 • Sep 05Second quarter 2022 earnings released: EPS: Rp7.48 (vs Rp7.36 in 2Q 2021)Second quarter 2022 results: EPS: Rp7.48 (up from Rp7.36 in 2Q 2021). Revenue: Rp133.8b (up 21% from 2Q 2021). Net income: Rp15.3b (up 7.0% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Heri Sunaryadi 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.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to Rp396, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 10x in the Media industry in Indonesia. Total loss to shareholders of 49% over the past year.Reported Earnings • Jun 17Full year 2020 earnings released: EPS Rp0.47 (vs Rp3.71 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: Rp47.5b (up 30% from FY 2019). Net income: Rp2.21b (down 21% from FY 2019). Profit margin: 4.7% (down from 7.6% in FY 2019). The decrease in margin was driven by higher expenses.이익 및 매출 성장 예측IDX:WIFI - 애널리스트 향후 추정치 및 과거 재무 데이터 (IDR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20289,301,0712,315,043-265,0003,144,000412/31/20276,371,5961,697,844-1,674,0002,645,080812/31/20264,001,5941,135,525-3,974,0001,096,25073/31/20262,211,400490,690-4,970,228-1,898,600N/A12/31/20251,659,396408,763-4,090,664-814,048N/A9/30/20251,181,811396,976-4,321,37033,473N/A6/30/2025876,312368,925-1,718,114361,912N/A3/31/2025763,638284,064-792,222662,671N/A12/31/2024671,854230,874-1,058,756418,780N/A9/30/2024598,842176,007-453,777605,824N/A6/30/2024527,816138,982-417,888275,107N/A3/31/2024457,20867,871-508,9182,264N/A12/31/2023439,32658,543-100,383224,815N/A9/30/2023502,09080,462-151,813267,836N/A6/30/2023470,43643,042-289,54295,359N/A3/31/2023511,40576,247-376,63191,849N/A12/31/2022461,25358,490-442,71655,298N/A9/30/2022402,67332,274-515,512-59,071N/A6/30/2022402,01232,910-465,28256,785N/A3/31/2022373,03724,668-273,640133,825N/A12/31/2021390,95725,819-219,10278,619N/A9/30/2021310,97320,497-263,485-88,464N/A6/30/2021222,25116,480-47,716-22,435N/A3/31/2021126,8736,821-65,401-19,459N/A12/31/202047,5052,209-54,041-17,987N/A12/31/201936,6312,785N/A7,496N/A12/31/20184,95127,838N/A-485N/A12/31/20174,627362N/A1,162N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WIFI 의 연간 예상 수익 증가율(27.7%)이 saving rate(6.7%)보다 높습니다.수익 vs 시장: WIFI 의 연간 수익(27.7%)이 ID 시장(15%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: WIFI 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: WIFI 의 수익(연간 27.5%)이 ID 시장(연간 14.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: WIFI 의 수익(연간 27.5%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WIFI의 자본 수익률은 3년 후 19%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/08 10:17종가2026/06/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 Solusi Sinergi Digital Tbk는 8명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Indra CahyaMacquarie ResearchKafi AzhariPT BRI Danareksa Sekuritas, Research DivisionRichard HalimPT Ciptadana Securities5명의 분석가 더 보기
Price Target Changed • Jun 03Price target decreased by 7.4% to Rp4,281Down from Rp4,625, the current price target is an average from 8 analysts. New target price is 120% above last closing price of Rp1,945. Stock is down 6.9% over the past year. The company is forecast to post earnings per share of Rp200 for next year compared to Rp111 last year.
Major Estimate Revision • Apr 25Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from Rp5.37b to Rp4.33b. EPS estimate fell from Rp230 to Rp204 per share. Net income forecast to grow 196% next year vs 15% growth forecast for Media industry in Indonesia. Consensus price target down from Rp4,625 to Rp4,431. Share price fell 11% to Rp2,250 over the past week.
Major Estimate Revision • Dec 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from Rp1.69b to Rp1.65b. EPS estimate also fell from Rp104 per share to Rp93.18 per share. Net income forecast to grow 162% next year vs 16% growth forecast for Media industry in Indonesia. Consensus price target of Rp4,378 unchanged from last update. Share price fell 6.3% to Rp3,250 over the past week.
Price Target Changed • Oct 24Price target increased by 17% to Rp3,480Up from Rp2,980, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of Rp3,200. Stock is up 680% over the past year. The company is forecast to post earnings per share of Rp85.70 for next year compared to Rp99.58 last year.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to Rp1,700, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Asia. Total returns to shareholders of 717% over the past three years.
Price Target Changed • Jun 03Price target decreased by 7.4% to Rp4,281Down from Rp4,625, the current price target is an average from 8 analysts. New target price is 120% above last closing price of Rp1,945. Stock is down 6.9% over the past year. The company is forecast to post earnings per share of Rp200 for next year compared to Rp111 last year.
공시 • May 23PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 30, 2026PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 30, 2026.
New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 22% Last year net profit margin: 37% 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 High level of non-cash earnings (99% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (22% net profit margin).
Reported Earnings • May 05First quarter 2026 earnings released: EPS: Rp44.75 (vs Rp35.57 in 1Q 2025)First quarter 2026 results: EPS: Rp44.75 (up from Rp35.57 in 1Q 2025). Revenue: Rp783.6b (up 238% from 1Q 2025). Net income: Rp164.5b (up 99% from 1Q 2025). Profit margin: 21% (down from 36% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 25Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from Rp5.37b to Rp4.33b. EPS estimate fell from Rp230 to Rp204 per share. Net income forecast to grow 196% next year vs 15% growth forecast for Media industry in Indonesia. Consensus price target down from Rp4,625 to Rp4,431. Share price fell 11% to Rp2,250 over the past week.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp2,470, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Asia. Total returns to shareholders of 1,234% over the past three years.
Reported Earnings • Mar 27Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: Rp111 (up from Rp99.58 in FY 2024). Revenue: Rp1.66t (up 147% from FY 2024). Net income: Rp408.6b (up 77% from FY 2024). Profit margin: 25% (down from 34% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp2,160, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Media industry in Asia. Total returns to shareholders of 1,517% over the past three years.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to Rp2,530, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Media industry in Asia. Total returns to shareholders of 1,939% over the past three years.
New Risk • Dec 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (119% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Major Estimate Revision • Dec 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from Rp1.69b to Rp1.65b. EPS estimate also fell from Rp104 per share to Rp93.18 per share. Net income forecast to grow 162% next year vs 16% growth forecast for Media industry in Indonesia. Consensus price target of Rp4,378 unchanged from last update. Share price fell 6.3% to Rp3,250 over the past week.
Reported Earnings • Dec 13Third quarter 2025 earnings released: EPS: Rp11.43 (vs Rp26.37 in 3Q 2024)Third quarter 2025 results: EPS: Rp11.43 (down from Rp26.37 in 3Q 2024). Revenue: Rp501.4b (up 156% from 3Q 2024). Net income: Rp32.2b (down 48% from 3Q 2024). Profit margin: 6.4% (down from 32% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Media industry in Asia. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 192% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp3,200, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Media industry in Asia. Total returns to shareholders of 1,577% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,484 per share.
Price Target Changed • Oct 24Price target increased by 17% to Rp3,480Up from Rp2,980, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of Rp3,200. Stock is up 680% over the past year. The company is forecast to post earnings per share of Rp85.70 for next year compared to Rp99.58 last year.
공시 • May 19PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 12, 2025PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 12, 2025.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp432, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 39% over the past three years.
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: Rp27.59 (vs Rp6.25 in 3Q 2023)Third quarter 2024 results: EPS: Rp27.59 (up from Rp6.25 in 3Q 2023). Revenue: Rp195.9b (up 24% from 3Q 2023). Net income: Rp62.2b (up 341% from 3Q 2023). Profit margin: 32% (up from 8.9% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp316, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 54% over the past three years.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: Rp25.39 (vs Rp4.72 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp25.39 (up from Rp4.72 loss in 2Q 2023). Revenue: Rp169.2b (up 72% from 2Q 2023). Net income: Rp60.5b (up Rp71.1b from 2Q 2023). Profit margin: 36% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp232, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 17x in the Media industry in Indonesia. Total loss to shareholders of 72% over the past three years.
New Risk • Jul 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (Rp435.3b market cap, or US$26.6m).
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp166, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 18x in the Media industry in Indonesia. Total loss to shareholders of 84% over the past three years.
공시 • May 11PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 06, 2024PT Solusi Sinergi Digital Tbk, Annual General Meeting, Jun 06, 2024.
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: Rp25.96 (vs Rp28.29 in FY 2022)Full year 2023 results: EPS: Rp25.96. Revenue: Rp439.3b (down 4.8% from FY 2022). Net income: Rp58.5b (flat on FY 2022). Profit margin: 13% (in line with FY 2022).
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp165, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 19x in the Media industry in Indonesia. Total loss to shareholders of 78% over the past three years.
Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp98.6b (down 26% from 2Q 2022). Net loss: Rp10.6b (down 169% from profit in 2Q 2022).
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to Rp181, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 36% over the past year.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp260, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Media industry in Indonesia. Total loss to shareholders of 18% over the past year.
Reported Earnings • Apr 07Full year 2022 earnings released: EPS: Rp28.29 (vs Rp13.14 in FY 2021)Full year 2022 results: EPS: Rp28.29 (up from Rp13.14 in FY 2021). Revenue: Rp461.3b (up 18% from FY 2021). Net income: Rp58.5b (up 126% from FY 2021). Profit margin: 13% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Rp172, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 10x in the Media industry in Indonesia. Total loss to shareholders of 65% over the past year.
Reported Earnings • Nov 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: Rp99.0b (up 7.0% from 3Q 2021). Net loss: Rp5.00b (loss narrowed 47% from 3Q 2021).
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Heri Sunaryadi 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 • Sep 05Second quarter 2022 earnings released: EPS: Rp7.48 (vs Rp7.36 in 2Q 2021)Second quarter 2022 results: EPS: Rp7.48 (up from Rp7.36 in 2Q 2021). Revenue: Rp133.8b (up 21% from 2Q 2021). Net income: Rp15.3b (up 7.0% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Heri Sunaryadi 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.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to Rp396, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 10x in the Media industry in Indonesia. Total loss to shareholders of 49% over the past year.
Reported Earnings • Jun 17Full year 2020 earnings released: EPS Rp0.47 (vs Rp3.71 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: Rp47.5b (up 30% from FY 2019). Net income: Rp2.21b (down 21% from FY 2019). Profit margin: 4.7% (down from 7.6% in FY 2019). The decrease in margin was driven by higher expenses.