View ValuationAdi Sarana Armada 향후 성장Future 기준 점검 1/6Adi Sarana Armada (는) 각각 연간 13% 및 9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 17.9% 로 예상됩니다.핵심 정보13.0%이익 성장률14.03%EPS 성장률Transportation 이익 성장3.7%매출 성장률9.0%향후 자기자본이익률17.93%애널리스트 커버리지Low마지막 업데이트10 Jul 2026최근 향후 성장 업데이트Price Target Changed • May 20Price target decreased by 14% to Rp1,457Down from Rp1,703, the current price target is an average from 3 analysts. New target price is 111% above last closing price of Rp690. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of Rp135 for next year compared to Rp113 last year.Price Target Changed • Aug 11Price target increased by 20% to Rp1,857Up from Rp1,546, the current price target is an average from 3 analysts. New target price is 67% above last closing price of Rp1,110. Stock is down 36% over the past year. The company is forecast to post earnings per share of Rp39.60 for next year compared to Rp28.89 last year.Major Estimate Revision • Dec 07Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from Rp6.51b to Rp6.33b. EPS estimate also fell from Rp59.38 per share to Rp53.15 per share. Net income forecast to grow 28% next year vs 11% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp2,411 to Rp1,878. Share price was steady at Rp875 over the past week.Price Target Changed • Sep 21Price target decreased to Rp3,079Down from Rp3,382, the current price target is an average from 7 analysts. New target price is 121% above last closing price of Rp1,395. Stock is down 61% over the past year. The company is forecast to post earnings per share of Rp67.22 for next year compared to Rp41.21 last year.Price Target Changed • May 31Price target decreased to Rp3,846Down from Rp4,168, the current price target is an average from 7 analysts. New target price is 73% above last closing price of Rp2,220. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of Rp68.88 for next year compared to Rp41.21 last year.Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from Rp6.63b to Rp6.73b. EPS estimate fell from Rp89.77 to Rp68.88 per share. Net income forecast to grow 81% next year vs 22% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp4,168 to Rp3,925. Share price rose 5.2% to Rp2,220 over the past week.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 36% to Rp655. The fair value is estimated to be Rp825, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp520, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Transportation industry in Asia. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp808 per share.Buy Or Sell Opportunity • May 26Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to Rp650. The fair value is estimated to be Rp829, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Price Target Changed • May 20Price target decreased by 14% to Rp1,457Down from Rp1,703, the current price target is an average from 3 analysts. New target price is 111% above last closing price of Rp690. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of Rp135 for next year compared to Rp113 last year.공고 • May 12PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 17, 2026PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 17, 2026.Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: Rp26.68 (vs Rp27.57 in 1Q 2025)First quarter 2026 results: EPS: Rp26.68 (down from Rp27.57 in 1Q 2025). Revenue: Rp1.54t (up 11% from 1Q 2025). Net income: Rp98.5b (down 3.2% from 1Q 2025). Profit margin: 6.4% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. 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 4% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Apr 14Now 22% overvaluedOver the last 90 days, the stock has fallen 24% to Rp910. The fair value is estimated to be Rp747, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp825, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp766 per share.Reported Earnings • Mar 19Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: Rp113 (up from Rp66.04 in FY 2024). Revenue: Rp5.99t (up 21% from FY 2024). Net income: Rp417.7b (up 71% from FY 2024). Profit margin: 7.0% (up from 4.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. 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 12% per year, which means it is significantly lagging 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 Rp1,000, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp811 per share.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp1,100, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 1.5% over the past three years.Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: Rp38.84 (vs Rp22.83 in 3Q 2024)Third quarter 2025 results: EPS: Rp38.84 (up from Rp22.83 in 3Q 2024). Revenue: Rp1.58t (up 24% from 3Q 2024). Net income: Rp143.4b (up 70% from 3Q 2024). Profit margin: 9.1% (up from 6.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Oct 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (4 non-independent directors). Independent Commissioner Shanti Poesposoetjipto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공고 • May 17PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 24, 2025PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 24, 2025.Reported Earnings • Jul 30Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: Rp15.55. Net income: Rp57.4b (up Rp57.4b from 2Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.New Risk • Jul 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding).공고 • May 22PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 26, 2024PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 26, 2024.Reported Earnings • May 02First quarter 2024 earnings released: EPS: Rp19.24 (vs Rp14.54 in 1Q 2023)First quarter 2024 results: EPS: Rp19.24 (up from Rp14.54 in 1Q 2023). Revenue: Rp1.18t (up 3.1% from 1Q 2023). Net income: Rp71.0b (up 37% from 1Q 2023). Profit margin: 6.0% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Reported Earnings • Apr 02Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: Rp28.68. Revenue: Rp4.44t (down 24% from FY 2022). Net income: Rp103.8b (flat on FY 2022). Profit margin: 2.3% (up from 1.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Transportation industry in Asia.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp965, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Transportation industry in Asia. Total returns to shareholders of 80% over the past three years.Price Target Changed • Aug 11Price target increased by 20% to Rp1,857Up from Rp1,546, the current price target is an average from 3 analysts. New target price is 67% above last closing price of Rp1,110. Stock is down 36% over the past year. The company is forecast to post earnings per share of Rp39.60 for next year compared to Rp28.89 last year.Reported Earnings • Aug 03First half 2023 earnings released: EPS: Rp19.51 (vs Rp33.15 in 1H 2022)First half 2023 results: EPS: Rp19.51 (down from Rp33.15 in 1H 2022). Revenue: Rp2.39t (down 25% from 1H 2022). Net income: Rp69.6b (down 39% from 1H 2022). Profit margin: 2.9% (down from 3.6% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp1,280, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Transportation industry in Asia. Total returns to shareholders of 205% over the past three years.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp1,045, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 207% over the past three years.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp795, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,270 per share.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp1,000, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,397 per share.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp850, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,009 per share.Buying Opportunity • Jan 05Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 47%. The fair value is estimated to be Rp917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 78% in the next 2 years.Buying Opportunity • Dec 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be Rp966, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 89% in the next 2 years.Major Estimate Revision • Dec 07Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from Rp6.51b to Rp6.33b. EPS estimate also fell from Rp59.38 per share to Rp53.15 per share. Net income forecast to grow 28% next year vs 11% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp2,411 to Rp1,878. Share price was steady at Rp875 over the past week.Buying Opportunity • Nov 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be Rp1,146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 108% in the next 2 years.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, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Operational Director & Director Jany Candra is the most experienced director on the board, commencing their role in 2007. Independent Commissioner Shanti Poesposoetjipto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Rp975, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,147 per share.Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: Rp0.61 (vs Rp1.96 in 3Q 2021)Third quarter 2022 results: EPS: Rp0.61. Revenue: Rp1.46t (up 6.9% from 3Q 2021). Net income: Rp16.5b (up 117% from 3Q 2021). Profit margin: 1.1% (up from 0.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Transportation industry in Asia.Buying Opportunity • Oct 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be Rp1,446, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 125% in the next 2 years.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp1,100, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,028 per share.Price Target Changed • Sep 21Price target decreased to Rp3,079Down from Rp3,382, the current price target is an average from 7 analysts. New target price is 121% above last closing price of Rp1,395. Stock is down 61% over the past year. The company is forecast to post earnings per share of Rp67.22 for next year compared to Rp41.21 last year.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: Rp10.82 (vs Rp11.76 in 2Q 2021)Second quarter 2022 results: EPS: Rp10.82. Revenue: Rp1.63t (up 43% from 2Q 2021). Net income: Rp41.8b (up 4.6% from 2Q 2021). Profit margin: 2.6% (down from 3.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 14% growth forecast for the industry in Indonesia.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp1,590, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,222 per share.Price Target Changed • May 31Price target decreased to Rp3,846Down from Rp4,168, the current price target is an average from 7 analysts. New target price is 73% above last closing price of Rp2,220. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of Rp68.88 for next year compared to Rp41.21 last year.Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from Rp6.63b to Rp6.73b. EPS estimate fell from Rp89.77 to Rp68.88 per share. Net income forecast to grow 81% next year vs 22% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp4,168 to Rp3,925. Share price rose 5.2% to Rp2,220 over the past week.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lindawati Gani 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 • Apr 15Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: Rp41.21 (up from Rp25.65 in FY 2020). Revenue: Rp5.09t (up 68% from FY 2020). Net income: Rp142.6b (up 64% from FY 2020). Profit margin: 2.8% (down from 2.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 30%, compared to a 17% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to Rp2,280, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 192% over the past three years.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp2,110, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 138% over the past three years.Price Target Changed • Nov 17Price target increased to Rp4,275Up from Rp3,783, the current price target is an average from 4 analysts. New target price is 16% above last closing price of Rp3,680. Stock is up 601% over the past year. The company is forecast to post earnings per share of Rp43.56 for next year compared to Rp25.65 last year.Reported Earnings • Jul 04First quarter 2021 earnings released: EPS Rp9.61 (vs Rp10.24 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: Rp963.2b (up 37% from 1Q 2020). Net income: Rp32.7b (down 6.1% from 1Q 2020). Profit margin: 3.4% (down from 5.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 106% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to Rp1,980, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 638% over the past three years.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Rp1,575, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 504% over the past three years.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 52% share price gain to Rp1,800, the stock is trading at a trailing P/E ratio of 62.9x, up from the previous P/E ratio of 41.4x. This compares to an average P/E of 50x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 590%.Price Target Changed • Mar 06Price target raised to Rp906Up from Rp403, the current price target is provided by 1 analyst. The new target price is 37% below the current share price of Rp1,440. As of last close, the stock is up 174% over the past year.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to Rp1,365, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 40.5x. This compares to an average P/E of 48x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 488%.Is New 90 Day High Low • Feb 18New 90-day high: Rp1,300The company is up 152% from its price of Rp515 on 20 November 2020. The Indonesian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 43% over the same period.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to Rp1,000, the stock is trading at a trailing P/E ratio of 34.9x, up from the previous P/E ratio of 28.1x. This compares to an average P/E of 29x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 402%.Is New 90 Day High Low • Feb 01New 90-day high: Rp870The company is up 76% from its price of Rp494 on 04 November 2020. The Indonesian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 35% over the same period.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp760, the stock is trading at a trailing P/E ratio of 26.5x, up from the previous P/E ratio of 22.9x. This compares to an average P/E of 26x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 289%.Is New 90 Day High Low • Jan 11New 90-day high: Rp730The company is up 47% from its price of Rp496 on 14 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 30% over the same period.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to Rp635, the stock is trading at a trailing P/E ratio of 22.2x, up from the previous P/E ratio of 18.5x. This compares to an average P/E of 22x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 215%.Is New 90 Day High Low • Dec 14New 90-day high: Rp570The company is up 11% from its price of Rp515 on 16 September 2020. The Indonesian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 16% over the same period.Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of Rp97.3b, down 22% from the prior year. Total revenue was Rp2.65t over the last 12 months, up 28% from the prior year.이익 및 매출 성장 예측IDX:ASSA - 애널리스트 향후 추정치 및 과거 재무 데이터 (IDR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20287,846,000596,000543,000988,000112/31/20277,175,000533,000380,000824,000112/31/20266,546,000470,000405,000850,00013/31/20266,142,762414,473565,6001,052,858N/A12/31/20255,989,486417,749794,474970,670N/A9/30/20255,729,147379,667432,359860,021N/A6/30/20255,423,735320,564242,382806,130N/A3/31/20255,159,269274,488343,414758,223N/A12/31/20244,955,892243,745316,667748,250N/A9/30/20244,620,013198,174935,7641,280,635N/A6/30/20244,417,631162,618495,962690,951N/A3/31/20244,474,066122,940338,127547,155N/A12/31/20234,438,522103,767266,899481,670N/A9/30/20234,700,35590,011-58,08899,459N/A6/30/20235,088,41857,8085,286215,925N/A3/31/20235,480,10581,868-257,474-7,284N/A12/31/20225,870,094103,020-399,661-146,251N/A9/30/20226,242,356193,690-791,329-580,461N/A6/30/20226,148,491184,788-442,215-259,592N/A3/31/20225,661,226182,955-180,860-37,740N/A12/31/20215,088,094142,628-12,269108,113N/A9/30/20214,362,878116,170215,062365,267N/A6/30/20213,744,398116,775236,020408,882N/A3/31/20213,298,91385,009247,835402,441N/A12/31/20203,037,35987,148165,030313,652N/A9/30/20202,811,23578,224236,322385,008N/A6/30/20202,654,52797,255-1,26087,411N/A3/31/20202,527,166113,816-40,08270,876N/A12/31/20192,334,222110,402N/A-147,676N/A9/30/20192,180,562120,488N/A-266,760N/A6/30/20192,060,951124,016N/A-162,922N/A3/31/20191,920,779133,800N/A-171,580N/A12/31/20181,862,946143,509N/A122,914N/A9/30/20181,811,528136,456N/A300,260N/A6/30/20181,762,181131,943N/A298,088N/A3/31/20181,729,764121,378N/A240,697N/A12/31/20171,689,846103,198N/A178,440N/A9/30/20171,670,95095,622N/A106,285N/A6/30/20171,637,84386,458N/A126,963N/A3/31/20171,616,03574,063N/A196,895N/A12/31/20161,570,38862,116N/A177,166N/A9/30/20161,529,32934,678N/A79,096N/A6/30/20161,474,73927,486N/A17,990N/A3/31/20161,416,96425,705N/A-30,563N/A12/31/20151,392,59734,146N/A-93,491N/A9/30/20151,307,72946,132N/A-88,635N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ASSA 의 연간 예상 수익 증가율(13%)이 saving rate(6.7%)보다 높습니다.수익 vs 시장: ASSA 의 연간 수익(13%)이 ID 시장(14.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: ASSA 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: ASSA 의 수익(연간 9%)이 ID 시장(연간 13%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: ASSA 의 수익(연간 9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ASSA의 자본 수익률은 3년 후 17.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTransportation 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/16 12:18종가2026/07/16 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 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 Adi Sarana Armada Tbk는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Angus MackintoshAletheia Analyst Network LimitedRyan WiniptaCGS InternationalJonathan Steven MardjukiCLSA5명의 분석가 더 보기
Price Target Changed • May 20Price target decreased by 14% to Rp1,457Down from Rp1,703, the current price target is an average from 3 analysts. New target price is 111% above last closing price of Rp690. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of Rp135 for next year compared to Rp113 last year.
Price Target Changed • Aug 11Price target increased by 20% to Rp1,857Up from Rp1,546, the current price target is an average from 3 analysts. New target price is 67% above last closing price of Rp1,110. Stock is down 36% over the past year. The company is forecast to post earnings per share of Rp39.60 for next year compared to Rp28.89 last year.
Major Estimate Revision • Dec 07Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from Rp6.51b to Rp6.33b. EPS estimate also fell from Rp59.38 per share to Rp53.15 per share. Net income forecast to grow 28% next year vs 11% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp2,411 to Rp1,878. Share price was steady at Rp875 over the past week.
Price Target Changed • Sep 21Price target decreased to Rp3,079Down from Rp3,382, the current price target is an average from 7 analysts. New target price is 121% above last closing price of Rp1,395. Stock is down 61% over the past year. The company is forecast to post earnings per share of Rp67.22 for next year compared to Rp41.21 last year.
Price Target Changed • May 31Price target decreased to Rp3,846Down from Rp4,168, the current price target is an average from 7 analysts. New target price is 73% above last closing price of Rp2,220. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of Rp68.88 for next year compared to Rp41.21 last year.
Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from Rp6.63b to Rp6.73b. EPS estimate fell from Rp89.77 to Rp68.88 per share. Net income forecast to grow 81% next year vs 22% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp4,168 to Rp3,925. Share price rose 5.2% to Rp2,220 over the past week.
Buy Or Sell Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 36% to Rp655. The fair value is estimated to be Rp825, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to Rp520, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Transportation industry in Asia. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp808 per share.
Buy Or Sell Opportunity • May 26Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to Rp650. The fair value is estimated to be Rp829, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Price Target Changed • May 20Price target decreased by 14% to Rp1,457Down from Rp1,703, the current price target is an average from 3 analysts. New target price is 111% above last closing price of Rp690. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of Rp135 for next year compared to Rp113 last year.
공고 • May 12PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 17, 2026PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 17, 2026.
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: Rp26.68 (vs Rp27.57 in 1Q 2025)First quarter 2026 results: EPS: Rp26.68 (down from Rp27.57 in 1Q 2025). Revenue: Rp1.54t (up 11% from 1Q 2025). Net income: Rp98.5b (down 3.2% from 1Q 2025). Profit margin: 6.4% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Asia. 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 4% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Apr 14Now 22% overvaluedOver the last 90 days, the stock has fallen 24% to Rp910. The fair value is estimated to be Rp747, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp825, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp766 per share.
Reported Earnings • Mar 19Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: Rp113 (up from Rp66.04 in FY 2024). Revenue: Rp5.99t (up 21% from FY 2024). Net income: Rp417.7b (up 71% from FY 2024). Profit margin: 7.0% (up from 4.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Transportation industry in Asia. 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 12% per year, which means it is significantly lagging 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 Rp1,000, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp811 per share.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to Rp1,100, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 1.5% over the past three years.
Reported Earnings • Oct 24Third quarter 2025 earnings released: EPS: Rp38.84 (vs Rp22.83 in 3Q 2024)Third quarter 2025 results: EPS: Rp38.84 (up from Rp22.83 in 3Q 2024). Revenue: Rp1.58t (up 24% from 3Q 2024). Net income: Rp143.4b (up 70% from 3Q 2024). Profit margin: 9.1% (up from 6.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Oct 24No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (4 non-independent directors). Independent Commissioner Shanti Poesposoetjipto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공고 • May 17PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 24, 2025PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 24, 2025.
Reported Earnings • Jul 30Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: Rp15.55. Net income: Rp57.4b (up Rp57.4b from 2Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.5% increase in shares outstanding).
공고 • May 22PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 26, 2024PT Adi Sarana Armada Tbk, Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: Rp19.24 (vs Rp14.54 in 1Q 2023)First quarter 2024 results: EPS: Rp19.24 (up from Rp14.54 in 1Q 2023). Revenue: Rp1.18t (up 3.1% from 1Q 2023). Net income: Rp71.0b (up 37% from 1Q 2023). Profit margin: 6.0% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Apr 02Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: Rp28.68. Revenue: Rp4.44t (down 24% from FY 2022). Net income: Rp103.8b (flat on FY 2022). Profit margin: 2.3% (up from 1.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Transportation industry in Asia.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp965, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Transportation industry in Asia. Total returns to shareholders of 80% over the past three years.
Price Target Changed • Aug 11Price target increased by 20% to Rp1,857Up from Rp1,546, the current price target is an average from 3 analysts. New target price is 67% above last closing price of Rp1,110. Stock is down 36% over the past year. The company is forecast to post earnings per share of Rp39.60 for next year compared to Rp28.89 last year.
Reported Earnings • Aug 03First half 2023 earnings released: EPS: Rp19.51 (vs Rp33.15 in 1H 2022)First half 2023 results: EPS: Rp19.51 (down from Rp33.15 in 1H 2022). Revenue: Rp2.39t (down 25% from 1H 2022). Net income: Rp69.6b (down 39% from 1H 2022). Profit margin: 2.9% (down from 3.6% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp1,280, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Transportation industry in Asia. Total returns to shareholders of 205% over the past three years.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Rp1,045, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 207% over the past three years.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp795, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,270 per share.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Rp1,000, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,397 per share.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to Rp850, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Transportation industry in Asia. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,009 per share.
Buying Opportunity • Jan 05Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 47%. The fair value is estimated to be Rp917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 78% in the next 2 years.
Buying Opportunity • Dec 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be Rp966, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings is forecast to grow by 89% in the next 2 years.
Major Estimate Revision • Dec 07Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from Rp6.51b to Rp6.33b. EPS estimate also fell from Rp59.38 per share to Rp53.15 per share. Net income forecast to grow 28% next year vs 11% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp2,411 to Rp1,878. Share price was steady at Rp875 over the past week.
Buying Opportunity • Nov 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be Rp1,146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 108% in the next 2 years.
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, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Operational Director & Director Jany Candra is the most experienced director on the board, commencing their role in 2007. Independent Commissioner Shanti Poesposoetjipto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Rp975, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,147 per share.
Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: Rp0.61 (vs Rp1.96 in 3Q 2021)Third quarter 2022 results: EPS: Rp0.61. Revenue: Rp1.46t (up 6.9% from 3Q 2021). Net income: Rp16.5b (up 117% from 3Q 2021). Profit margin: 1.1% (up from 0.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Transportation industry in Asia.
Buying Opportunity • Oct 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be Rp1,446, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 125% in the next 2 years.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp1,100, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,028 per share.
Price Target Changed • Sep 21Price target decreased to Rp3,079Down from Rp3,382, the current price target is an average from 7 analysts. New target price is 121% above last closing price of Rp1,395. Stock is down 61% over the past year. The company is forecast to post earnings per share of Rp67.22 for next year compared to Rp41.21 last year.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: Rp10.82 (vs Rp11.76 in 2Q 2021)Second quarter 2022 results: EPS: Rp10.82. Revenue: Rp1.63t (up 43% from 2Q 2021). Net income: Rp41.8b (up 4.6% from 2Q 2021). Profit margin: 2.6% (down from 3.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 14% growth forecast for the industry in Indonesia.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp1,590, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Rp1,222 per share.
Price Target Changed • May 31Price target decreased to Rp3,846Down from Rp4,168, the current price target is an average from 7 analysts. New target price is 73% above last closing price of Rp2,220. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of Rp68.88 for next year compared to Rp41.21 last year.
Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from Rp6.63b to Rp6.73b. EPS estimate fell from Rp89.77 to Rp68.88 per share. Net income forecast to grow 81% next year vs 22% growth forecast for Transportation industry in Indonesia. Consensus price target down from Rp4,168 to Rp3,925. Share price rose 5.2% to Rp2,220 over the past week.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Lindawati Gani 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 • Apr 15Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: Rp41.21 (up from Rp25.65 in FY 2020). Revenue: Rp5.09t (up 68% from FY 2020). Net income: Rp142.6b (up 64% from FY 2020). Profit margin: 2.8% (down from 2.9% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 30%, compared to a 17% growth forecast for the industry in Indonesia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to Rp2,280, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 192% over the past three years.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Rp2,110, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Transportation industry in Asia. Total returns to shareholders of 138% over the past three years.
Price Target Changed • Nov 17Price target increased to Rp4,275Up from Rp3,783, the current price target is an average from 4 analysts. New target price is 16% above last closing price of Rp3,680. Stock is up 601% over the past year. The company is forecast to post earnings per share of Rp43.56 for next year compared to Rp25.65 last year.
Reported Earnings • Jul 04First quarter 2021 earnings released: EPS Rp9.61 (vs Rp10.24 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: Rp963.2b (up 37% from 1Q 2020). Net income: Rp32.7b (down 6.1% from 1Q 2020). Profit margin: 3.4% (down from 5.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 106% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to Rp1,980, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 638% over the past three years.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Rp1,575, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 15x in the Transportation industry in Asia. Total returns to shareholders of 504% over the past three years.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 52% share price gain to Rp1,800, the stock is trading at a trailing P/E ratio of 62.9x, up from the previous P/E ratio of 41.4x. This compares to an average P/E of 50x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 590%.
Price Target Changed • Mar 06Price target raised to Rp906Up from Rp403, the current price target is provided by 1 analyst. The new target price is 37% below the current share price of Rp1,440. As of last close, the stock is up 174% over the past year.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to Rp1,365, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 40.5x. This compares to an average P/E of 48x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 488%.
Is New 90 Day High Low • Feb 18New 90-day high: Rp1,300The company is up 152% from its price of Rp515 on 20 November 2020. The Indonesian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 43% over the same period.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to Rp1,000, the stock is trading at a trailing P/E ratio of 34.9x, up from the previous P/E ratio of 28.1x. This compares to an average P/E of 29x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 402%.
Is New 90 Day High Low • Feb 01New 90-day high: Rp870The company is up 76% from its price of Rp494 on 04 November 2020. The Indonesian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 35% over the same period.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to Rp760, the stock is trading at a trailing P/E ratio of 26.5x, up from the previous P/E ratio of 22.9x. This compares to an average P/E of 26x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 289%.
Is New 90 Day High Low • Jan 11New 90-day high: Rp730The company is up 47% from its price of Rp496 on 14 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 30% over the same period.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to Rp635, the stock is trading at a trailing P/E ratio of 22.2x, up from the previous P/E ratio of 18.5x. This compares to an average P/E of 22x in the Transportation industry in Indonesia. Total returns to shareholders over the past three years are 215%.
Is New 90 Day High Low • Dec 14New 90-day high: Rp570The company is up 11% from its price of Rp515 on 16 September 2020. The Indonesian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 16% over the same period.
Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of Rp97.3b, down 22% from the prior year. Total revenue was Rp2.65t over the last 12 months, up 28% from the prior year.