View Financial HealthAnabatic Technologies 배당 및 자사주 매입배당 기준 점검 0/6Anabatic Technologies 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jun 09Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to Rp476. The fair value is estimated to be Rp396, 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 31%.Reported Earnings • May 31First quarter 2026 earnings released: EPS: Rp16.11 (vs Rp18.66 in 1Q 2025)First quarter 2026 results: EPS: Rp16.11 (down from Rp18.66 in 1Q 2025). Revenue: Rp2.03t (up 27% from 1Q 2025). Net income: Rp37.3b (down 14% from 1Q 2025). Profit margin: 1.8% (down from 2.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp89.94 (vs Rp79.19 in FY 2024)Full year 2025 results: EPS: Rp89.94 (up from Rp79.19 in FY 2024). Revenue: Rp8.47t (down 5.4% from FY 2024). Net income: Rp208.2b (up 14% from FY 2024). Profit margin: 2.5% (up from 2.0% 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 40% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Apr 01PT Anabatic Technologies Tbk, Annual General Meeting, May 07, 2026PT Anabatic Technologies Tbk, Annual General Meeting, May 07, 2026.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp560, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 68x in the IT industry in Indonesia. Total returns to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp750, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 67x in the IT industry in Indonesia. Total returns to shareholders of 101% over the past three years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp740, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 69x in the IT industry in Indonesia. Total returns to shareholders of 85% over the past three years.New Risk • Nov 21New 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: Minor Risks High level of debt (132% net debt to equity). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (Rp1.64t market cap, or US$98.6m).Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 44%After last week's 44% share price gain to Rp720, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 63x in the IT industry in Indonesia. Total returns to shareholders of 80% over the past three years.Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: Rp23.98 (vs Rp15.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp23.98 (up from Rp15.26 in 3Q 2024). Revenue: Rp3.00t (up 67% from 3Q 2024). Net income: Rp55.5b (up 57% from 3Q 2024). Profit margin: 1.9% (down from 2.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Board Change • Oct 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent President Commissioner Ignasius Jonan was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 12PT Anabatic Technologies Tbk, Annual General Meeting, Jun 19, 2025PT Anabatic Technologies Tbk, Annual General Meeting, Jun 19, 2025.Recent Insider Transactions • Oct 17President Director recently bought Rp10m worth of stockOn the 11th of October, Harry Hambali bought around 25k shares on-market at roughly Rp404 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 Harry's only on-market trade for the last 12 months.공시 • May 18PT Anabatic Technologies Tbk, Annual General Meeting, Jun 21, 2024PT Anabatic Technologies Tbk, Annual General Meeting, Jun 21, 2024.Reported Earnings • May 05Full year 2023 earnings released: EPS: Rp102 (vs Rp29.71 in FY 2022)Full year 2023 results: EPS: Rp102 (up from Rp29.71 in FY 2022). Revenue: Rp10t (up 31% from FY 2022). Net income: Rp235.2b (up 242% from FY 2022). Profit margin: 2.3% (up from 0.9% 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 111% 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 • Jan 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp386, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the IT industry in Indonesia. Total loss to shareholders of 64% over the past three years.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp386, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the IT industry in Indonesia. Total loss to shareholders of 64% over the past three years.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp416, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 28x in the IT industry in Indonesia. Total loss to shareholders of 26% over the past three years.New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (41% accrual ratio). Minor Risk Market cap is less than US$100m (Rp833.5b market cap, or US$54.0m).Reported Earnings • Dec 02Third quarter 2023 earnings released: Rp3.71 loss per share (vs Rp0.94 loss in 3Q 2022)Third quarter 2023 results: Rp3.71 loss per share (further deteriorated from Rp0.94 loss in 3Q 2022). Revenue: Rp2.31t (up 39% from 3Q 2022). Net loss: Rp8.58b (loss widened 293% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 07Second quarter 2023 earnings released: EPS: Rp15.83 (vs Rp2.75 in 2Q 2022)Second quarter 2023 results: EPS: Rp15.83 (up from Rp2.75 in 2Q 2022). Revenue: Rp2.08t (up 2.5% from 2Q 2022). Net income: Rp36.6b (up 475% from 2Q 2022). Profit margin: 1.8% (up from 0.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 02Third quarter 2022 earnings released: Rp0.94 loss per share (vs Rp19.71 loss in 3Q 2021)Third quarter 2022 results: Rp0.94 loss per share (improved from Rp19.71 loss in 3Q 2021). Revenue: Rp1.67t (up 7.2% from 3Q 2021). Net loss: Rp2.19b (loss narrowed 95% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Adriansyah Adnan is the most experienced director on the board, commencing their role in 2005. Independent President Commissioner Ignasius Jonan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Aug 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: Rp2.03t (up 50% from 2Q 2021). Net income: Rp6.38b (up Rp34.8b from 2Q 2021). Profit margin: 0.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 05First quarter 2022 earnings released: EPS: Rp39.37 (vs Rp6.06 loss in 1Q 2021)First quarter 2022 results: EPS: Rp39.37 (up from Rp6.06 loss in 1Q 2021). Revenue: Rp1.71t (up 28% from 1Q 2021). Net income: Rp91.2b (up Rp105.2b from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 05Full year 2021 earnings released: Rp119 loss per share (vs Rp266 loss in FY 2020)Full year 2021 results: Rp119 loss per share (up from Rp266 loss in FY 2020). Revenue: Rp6.46t (up 5.3% from FY 2020). Net loss: Rp276.7b (loss narrowed 55% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Board Change • Apr 27No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Adriansyah Adnan is the most experienced director on the board, commencing their role in 2005. Independent Commissioner Betti Alisjahbana was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Jan 05Third quarter 2021 earnings: Revenues exceed analyst expectationsThird quarter 2021 results: Revenue: Rp1.56t (up 7.2% from 3Q 2020). Net loss: Rp45.6b (down Rp52.0b from profit in 3Q 2020). Revenue exceeded analyst estimates by 18%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 02First quarter 2021 earnings released: Rp6.06 loss per share (vs Rp9.03 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: Rp1.34t (down 8.4% from 1Q 2020). Net loss: Rp14.0b (loss narrowed 20% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 180 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 12Full year 2020 earnings released: Rp239 loss per share (vs Rp1.88 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: Rp6.16t (up 11% from FY 2019). Net loss: Rp554.5b (down Rp558.1b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 156 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 08New 90-day high: Rp855The company is up 53% from its price of Rp560 on 09 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 90% over the same period.Reported Earnings • Dec 05Third quarter 2019 earnings released: Rp4.74 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2019 results: Revenue: Rp1.20t (down 14% from 3Q 2018). Net loss: Rp8.90b (loss widened 328% from 3Q 2018).Is New 90 Day High Low • Nov 04New 90-day high: Rp695The company is up 14% from its price of Rp610 on 06 August 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 ATIC 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: ATIC 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Anabatic Technologies 배당 수익률 vs 시장ATIC의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ATIC)0%시장 하위 25% (ID)1.2%시장 상위 25% (ID)6.8%업계 평균 (IT)0.8%분석가 예측 (ATIC) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 ATIC 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 ATIC 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: ATIC ID 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: ATIC 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YID 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/20 02:03종가2026/06/19 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 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 Anabatic Technologies Tbk는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Michael SetjoadiDaiwa Securities Co. Ltd.Harry SuPT Bahana SecuritiesMichael SetjoadiPT Bahana Securities
Buy Or Sell Opportunity • Jun 09Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to Rp476. The fair value is estimated to be Rp396, 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 31%.
Reported Earnings • May 31First quarter 2026 earnings released: EPS: Rp16.11 (vs Rp18.66 in 1Q 2025)First quarter 2026 results: EPS: Rp16.11 (down from Rp18.66 in 1Q 2025). Revenue: Rp2.03t (up 27% from 1Q 2025). Net income: Rp37.3b (down 14% from 1Q 2025). Profit margin: 1.8% (down from 2.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 02Full year 2025 earnings released: EPS: Rp89.94 (vs Rp79.19 in FY 2024)Full year 2025 results: EPS: Rp89.94 (up from Rp79.19 in FY 2024). Revenue: Rp8.47t (down 5.4% from FY 2024). Net income: Rp208.2b (up 14% from FY 2024). Profit margin: 2.5% (up from 2.0% 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 40% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Apr 01PT Anabatic Technologies Tbk, Annual General Meeting, May 07, 2026PT Anabatic Technologies Tbk, Annual General Meeting, May 07, 2026.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Rp560, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 68x in the IT industry in Indonesia. Total returns to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp750, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 67x in the IT industry in Indonesia. Total returns to shareholders of 101% over the past three years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp740, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 69x in the IT industry in Indonesia. Total returns to shareholders of 85% over the past three years.
New Risk • Nov 21New 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: Minor Risks High level of debt (132% net debt to equity). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (Rp1.64t market cap, or US$98.6m).
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 44%After last week's 44% share price gain to Rp720, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 63x in the IT industry in Indonesia. Total returns to shareholders of 80% over the past three years.
Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: Rp23.98 (vs Rp15.26 in 3Q 2024)Third quarter 2025 results: EPS: Rp23.98 (up from Rp15.26 in 3Q 2024). Revenue: Rp3.00t (up 67% from 3Q 2024). Net income: Rp55.5b (up 57% from 3Q 2024). Profit margin: 1.9% (down from 2.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent President Commissioner Ignasius Jonan was the last independent director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 12PT Anabatic Technologies Tbk, Annual General Meeting, Jun 19, 2025PT Anabatic Technologies Tbk, Annual General Meeting, Jun 19, 2025.
Recent Insider Transactions • Oct 17President Director recently bought Rp10m worth of stockOn the 11th of October, Harry Hambali bought around 25k shares on-market at roughly Rp404 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 Harry's only on-market trade for the last 12 months.
공시 • May 18PT Anabatic Technologies Tbk, Annual General Meeting, Jun 21, 2024PT Anabatic Technologies Tbk, Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 05Full year 2023 earnings released: EPS: Rp102 (vs Rp29.71 in FY 2022)Full year 2023 results: EPS: Rp102 (up from Rp29.71 in FY 2022). Revenue: Rp10t (up 31% from FY 2022). Net income: Rp235.2b (up 242% from FY 2022). Profit margin: 2.3% (up from 0.9% 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 111% 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 • Jan 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp386, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the IT industry in Indonesia. Total loss to shareholders of 64% over the past three years.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp386, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the IT industry in Indonesia. Total loss to shareholders of 64% over the past three years.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Rp416, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 28x in the IT industry in Indonesia. Total loss to shareholders of 26% over the past three years.
New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (41% accrual ratio). Minor Risk Market cap is less than US$100m (Rp833.5b market cap, or US$54.0m).
Reported Earnings • Dec 02Third quarter 2023 earnings released: Rp3.71 loss per share (vs Rp0.94 loss in 3Q 2022)Third quarter 2023 results: Rp3.71 loss per share (further deteriorated from Rp0.94 loss in 3Q 2022). Revenue: Rp2.31t (up 39% from 3Q 2022). Net loss: Rp8.58b (loss widened 293% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 07Second quarter 2023 earnings released: EPS: Rp15.83 (vs Rp2.75 in 2Q 2022)Second quarter 2023 results: EPS: Rp15.83 (up from Rp2.75 in 2Q 2022). Revenue: Rp2.08t (up 2.5% from 2Q 2022). Net income: Rp36.6b (up 475% from 2Q 2022). Profit margin: 1.8% (up from 0.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 02Third quarter 2022 earnings released: Rp0.94 loss per share (vs Rp19.71 loss in 3Q 2021)Third quarter 2022 results: Rp0.94 loss per share (improved from Rp19.71 loss in 3Q 2021). Revenue: Rp1.67t (up 7.2% from 3Q 2021). Net loss: Rp2.19b (loss narrowed 95% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Adriansyah Adnan is the most experienced director on the board, commencing their role in 2005. Independent President Commissioner Ignasius Jonan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Aug 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: Rp2.03t (up 50% from 2Q 2021). Net income: Rp6.38b (up Rp34.8b from 2Q 2021). Profit margin: 0.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 05First quarter 2022 earnings released: EPS: Rp39.37 (vs Rp6.06 loss in 1Q 2021)First quarter 2022 results: EPS: Rp39.37 (up from Rp6.06 loss in 1Q 2021). Revenue: Rp1.71t (up 28% from 1Q 2021). Net income: Rp91.2b (up Rp105.2b from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 05Full year 2021 earnings released: Rp119 loss per share (vs Rp266 loss in FY 2020)Full year 2021 results: Rp119 loss per share (up from Rp266 loss in FY 2020). Revenue: Rp6.46t (up 5.3% from FY 2020). Net loss: Rp276.7b (loss narrowed 55% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Adriansyah Adnan is the most experienced director on the board, commencing their role in 2005. Independent Commissioner Betti Alisjahbana was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Jan 05Third quarter 2021 earnings: Revenues exceed analyst expectationsThird quarter 2021 results: Revenue: Rp1.56t (up 7.2% from 3Q 2020). Net loss: Rp45.6b (down Rp52.0b from profit in 3Q 2020). Revenue exceeded analyst estimates by 18%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 02First quarter 2021 earnings released: Rp6.06 loss per share (vs Rp9.03 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: Rp1.34t (down 8.4% from 1Q 2020). Net loss: Rp14.0b (loss narrowed 20% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 180 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 12Full year 2020 earnings released: Rp239 loss per share (vs Rp1.88 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: Rp6.16t (up 11% from FY 2019). Net loss: Rp554.5b (down Rp558.1b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 156 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 08New 90-day high: Rp855The company is up 53% from its price of Rp560 on 09 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 90% over the same period.
Reported Earnings • Dec 05Third quarter 2019 earnings released: Rp4.74 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2019 results: Revenue: Rp1.20t (down 14% from 3Q 2018). Net loss: Rp8.90b (loss widened 328% from 3Q 2018).
Is New 90 Day High Low • Nov 04New 90-day high: Rp695The company is up 14% from its price of Rp610 on 06 August 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.