Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp560, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 15x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 1.1% over the past three years. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$0.002 (vs US$0.001 in 1Q 2025) First quarter 2026 results: EPS: US$0.002 (up from US$0.001 in 1Q 2025). Revenue: US$274.5m (down 6.8% from 1Q 2025). Net income: US$7.66m (up 62% from 1Q 2025). Profit margin: 2.8% (up from 1.6% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Apr 28
PT FKS Multi Agro Tbk, Annual General Meeting, Jun 03, 2026 PT FKS Multi Agro Tbk, Annual General Meeting, Jun 03, 2026. Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: US$0.002 (vs US$0.002 in FY 2024) Full year 2025 results: EPS: US$0.002 (in line with FY 2024). Revenue: US$1.17b (down 9.2% from FY 2024). Net income: US$8.72m (flat on FY 2024). Profit margin: 0.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Rp795, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 20x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 39% over the past three years. New Risk • Mar 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Buy Or Sell Opportunity • Mar 09
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 47% to Rp650. The fair value is estimated to be Rp867, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 44%. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp740, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 15x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp1,100, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 20x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp1,160, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 22x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 109% over the past three years. Buy Or Sell Opportunity • Jan 07
Now 33% overvalued Over the last 90 days, the stock has fallen 54% to Rp1,155. The fair value is estimated to be Rp872, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 44%. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to Rp1,200, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 24x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 94% over the past three years. Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: US$0 (vs US$0.002 loss in 3Q 2024) Third quarter 2025 results: EPS: US$0 (improved from US$0.002 loss in 3Q 2024). Revenue: US$302.0m (flat on 3Q 2024). Net income: US$3.33m (up US$10.9m from 3Q 2024). Profit margin: 1.1% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Board Change • Oct 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Independent Commissioner Herwan Ng was the last independent director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 03
PT FKS Multi Agro Tbk announces Annual dividend, payable on June 26, 2025 PT FKS Multi Agro Tbk announced Annual dividend of IDR 150.0000 per share payable on June 26, 2025, ex-date on June 10, 2025 and record date on June 11, 2025. Aankondiging • Apr 18
PT FKS Multi Agro Tbk, Annual General Meeting, May 26, 2025 PT FKS Multi Agro Tbk, Annual General Meeting, May 26, 2025. Reported Earnings • Nov 01
Third quarter 2024 earnings released: US$0.016 loss per share (vs US$0.014 profit in 3Q 2023) Third quarter 2024 results: US$0.016 loss per share (down from US$0.014 profit in 3Q 2023). Revenue: US$300.6m (down 19% from 3Q 2023). Net loss: US$7.53m (down 216% from profit in 3Q 2023). 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 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Rp11,150, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 24x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to Rp10,075, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 22x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 60% over the past three years. Declared Dividend • Jul 03
Dividend of Rp340 announced Shareholders will receive a dividend of Rp340. Ex-date: 8th July 2024 Payment date: 31st July 2024 Dividend yield will be 5.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 43% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • May 23
PT FKS Multi Agro Tbk, Annual General Meeting, Jun 27, 2024 PT FKS Multi Agro Tbk, Annual General Meeting, Jun 27, 2024. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: US$0.021 (vs US$0.014 in 1Q 2023) First quarter 2024 results: EPS: US$0.021 (up from US$0.014 in 1Q 2023). Revenue: US$389.9m (up 14% from 1Q 2023). Net income: US$9.99m (up 52% from 1Q 2023). Profit margin: 2.6% (up from 1.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: US$0.05 (vs US$0.067 in FY 2022) Full year 2023 results: EPS: US$0.05 (down from US$0.067 in FY 2022). Revenue: US$1.40b (down 11% from FY 2022). Net income: US$24.2m (down 25% from FY 2022). Profit margin: 1.7% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Mar 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 15
No independent directors Following 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. Vice President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 25
No independent directors Following 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. Vice President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.004 (vs US$0.017 in 2Q 2022) Second quarter 2023 results: EPS: US$0.004 (down from US$0.017 in 2Q 2022). Revenue: US$317.8m (down 15% from 2Q 2022). Net income: US$1.81m (down 78% from 2Q 2022). Profit margin: 0.6% (down from 2.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 25
No independent directors Following 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. Vice President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 04
No independent directors Following 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. Vice President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp7,000, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 22x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 201% over the past three years. Buying Opportunity • Dec 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 5.8%. The fair value is estimated to be Rp8,880, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 34%. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Vice President Director Agung Kusumo was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: US$0.017 (vs US$0.012 in 2Q 2021) Second quarter 2022 results: EPS: US$0.017 (up from US$0.012 in 2Q 2021). Revenue: US$375.6m (up 33% from 2Q 2021). Net income: US$8.11m (up 36% from 2Q 2021). Profit margin: 2.2% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 43% per year. Upcoming Dividend • May 24
Upcoming dividend of Rp280 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Indonesian dividend payers (4.1%). Higher than average of industry peers (1.4%). Board Change • Apr 27
No independent directors Following 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. Director Bong Swandana was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 08
Full year 2021 earnings released Full year 2021 results: Revenue: US$1.24b (up 25% from FY 2020). Net income: US$28.9m (up 48% from FY 2020). Profit margin: 2.3% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 18% share price gain to Rp5,950, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 18x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 95% over the past three years. Reported Earnings • Dec 06
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: US$308.7m (up 34% from 3Q 2020). Net income: US$4.32m (flat on 3Q 2020). Profit margin: 1.4% (down from 1.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 23% share price gain to Rp8,575, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 23x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 166% over the past three years. Reported Earnings • Sep 21
Second quarter 2021 earnings released: EPS US$0.013 (vs US$0.005 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$282.0m (up 41% from 2Q 2020). Net income: US$5.96m (up US$8.52m from 2Q 2020). Profit margin: 2.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Rp6,900, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 21x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Rp10,550, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 22x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 202% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 117% share price gain to US$9,775, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 30x in the Consumer Retailing industry in Indonesia. Total returns to shareholders of 248% over the past three years. Reported Earnings • Jul 03
Third quarter 2020 earnings released: EPS US$0.009 (vs US$0.007 in 3Q 2019) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$230.5m (down 5.9% from 3Q 2019). Net income: US$4.31m (up 29% from 3Q 2019). Profit margin: 1.9% (up from 1.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 18% share price gain to US$3,890, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8.2x. This compares to an average P/E of 15x in the Consumer Retailing industry in Indonesia. Total returns to shareholders over the past three years are 75%. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 26% share price gain to US$3,290, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 6.7x. This compares to an average P/E of 14x in the Consumer Retailing industry in Indonesia. Total returns to shareholders over the past three years are 52%. Is New 90 Day High Low • Jan 08
New 90-day high: Rp3,290 The company is up 22% from its price of Rp2,700 on 09 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 14% over the same period. Reported Earnings • Nov 29
Third quarter 2020 earnings released: EPS US$0.01 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$230.5m (down 5.9% from 3Q 2019). Net income: US$4.31m (up 29% from 3Q 2019). Profit margin: 1.9% (up from 1.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 20
New 90-day high: Rp2,990 The company is up 12% from its price of Rp2,660 on 19 August 2020. The Indonesian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: Rp2,400 The company is down 17% from its price of Rp2,890 on 26 June 2020. The Indonesian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 9.0% over the same period.