Bank Bukopin

BST:5BB

Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.

5BB

BST

IDR3,076B

Market Cap

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Last updated 2019/05/18 21:58

Company description

PT Bank Bukopin Tbk., together with its subsidiaries, provides banking products and services in Indonesia. The last earnings update was 18 days ago. More info.

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Bank Bukopin has significant price volatility in the past 3 months.

5BB Share Price and Events

7 Day Returns

-10.8%

BST:5BB

0.6%

DE Banks

-0.2%

DE Market

1 Year Returns

-51.2%

BST:5BB

-23.3%

DE Banks

-10.4%

DE Market

5BB Shareholder Return

	7 Day	30 Day	90 Day	1 Year	3 Year	5 Year
Bank Bukopin (5BB)	-10.8%	-32.5%	-44.7%	-51.2%	-69.3%	-76.3%
DE Banks	0.6%	-4.6%	9.1%	-23.3%	-4.7%	-24.9%
DE Market	-0.2%	-2.1%	4.2%	-10.4%	11.1%	10.6%

1 Year Return vs Industry and Market

5BB underperformed the Banks industry which returned -23.3% over the past year.
5BB underperformed the Market in Germany which returned -10.4% over the past year.

Price Volatility

5BB

Industry

5yr Volatility vs Market

Related Companies

Sorry, no analysis for Bank Bukopin's competitors could be found in our database.

5BB Value

Is Bank Bukopin undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS

Here we compare the current share price of Bank Bukopin to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.

Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bank Bukopin.

BST:5BB Discounted Cash Flow Data Sources
Data Point	Source	Value
Valuation Model		Excess Returns Model
Stable EPS	Median Return on Equity from the past 5 years. = Stable Book Value * Return on Equity = IDR791.12 * 2.2%	IDR17.27
Book Value of Equity per Share	Median Book Value from the past 5 years.	IDR791.12
Discount Rate (Cost of Equity)	See below	9%
Perpetual Growth Rate	10-Year DE Government Bond Rate	0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:5BB
Data Point	Calculation/ Source	Result
Risk-Free Rate	10-Year DE Govt Bond Rate	0.2%
Equity Risk Premium	S&P Global	6%
Banks Unlevered Beta	Simply Wall St/ S&P Global	0.58
Re-levered Beta	= Unlevered beta (1 + (1- tax rate) (Debt/Equity)) = 0.584 (1 + (1- 25%) (254.96%))	1.47
Levered Beta	Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm)	1.47
Discount Rate/ Cost of Equity	= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium) = 0.23% + (1.47 * 5.96%)	8.99%

Discounted Cash Flow Calculation for BST:5BB using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bank Bukopin is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BST:5BB Value of Excess Returns
	Calculation	Result
Excess Returns	= (Stable Return on equity – Cost of equity) (Book Value of Equity per share) = (2.2% – 8.99%) * IDR791.12)	IDR-53.84
Terminal Value of Excess Returns	= Excess Returns / (Cost of Equity - Expected Growth Rate) = IDR-53.84 / (8.99% - 0.23%)	IDR-614.58
Value of Equity	= Book Value per share + Terminal Value of Excess Returns = IDR791.12 + IDR-614.58	IDR176.54

BST:5BB Discount to Share Price
	Calculation	Result
Non-primary Listing Adjustment Factor	1 share in BST:5BB represents 3.0E-5x of IDX:BBKP (This could be a different class, a depositary receipt, a different currency, or all of these things.)	3.0E-5x
Value per Share (Listing Adjusted, EUR)	= Value per Share (IDR) x Listing Adjustment Factor = IDR 176.54 x 3.0E-5	€0.01
Value per share (EUR)	From above.	€0.01
Current discount	Discount to share price of €0.01 = -1 x (€0.01 - €0.01) / €0.01	-49.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

The current share price of Bank Bukopin is above its future cash flow value.

Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.

PRICE RELATIVE TO MARKET

We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank Bukopin's earnings, growth and assets is considered below, and whether this is a fair price.

Price based on past earnings

Are Bank Bukopin's earnings available for a low price, and how does this compare to other companies in the same industry?

Raw Data

BST:5BB PE (Price to Earnings) Ratio Data Sources
Data Point	Source	Value
Earnings Per Share *	Company Filings (2019-03-31) in IDR	IDR9.57
IDX:BBKP Share Price **	IDX (2019-05-17) in IDR	IDR264
Germany Banks Industry PE Ratio	Median Figure of 6 Publicly-Listed Banks Companies	15.35x
Germany Market PE Ratio	Median Figure of 426 Publicly-Listed Companies	20.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank Bukopin.

BST:5BB PE (Price to Earnings) Ratio Calculation
	Calculation	Outcome
PE Ratio	= IDX:BBKP Share Price ÷ EPS (both in IDR) = 264 ÷ 9.57	27.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

Bank Bukopin is overvalued based on earnings compared to the DE Banks industry average.
Bank Bukopin is overvalued based on earnings compared to the Germany market.

Price based on expected Growth

Does Bank Bukopin's expected growth come at a high price?

Raw Data

BST:5BB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point	Source	Value
PE Ratio	See PE Ratio Section	27.58x
Net Income Annual Growth Rate	See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts	40.3%per year
Europe Banks Industry PEG Ratio	Median Figure of 114 Publicly-Listed Banks Companies	0.77x
Germany Market PEG Ratio	Median Figure of 277 Publicly-Listed Companies	1.51x

*Line of best fit is calculated by linear regression .

BST:5BB PEG (Price to Earnings to Growth) Ratio Calculation
	Calculation	Outcome
PEG Ratio	= PE Ratio ÷ Net Income Annual Growth Rate = 27.58x ÷ 40.3%	0.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

Bank Bukopin is good value based on expected growth next year.

Price based on value of assets

What value do investors place on Bank Bukopin's assets?

Raw Data

BST:5BB PB (Price to Book) Ratio Data Sources
Data Point	Source	Value
Book Value per Share	Company Filings (2019-03-31) in IDR	IDR741.23
IDX:BBKP Share Price *	IDX (2019-05-17) in IDR	IDR264
Germany Banks Industry PB Ratio	Median Figure of 6 Publicly-Listed Banks Companies	0.89x
Germany Market PB Ratio	Median Figure of 576 Publicly-Listed Companies	1.79x

BST:5BB PB (Price to Book) Ratio Calculation
	Calculation	Outcome
PB Ratio	= IDX:BBKP Share Price ÷ Book Value per Share (both in IDR) = 264 ÷ 741.23	0.36x

* Primary Listing of Bank Bukopin.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

Bank Bukopin is good value based on assets compared to the DE Banks industry average.

Value checks

We assess Bank Bukopin's value by looking at:

Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)

Full details on the Value part of the Simply Wall St company analysis model.

5BB Future Performance

How is Bank Bukopin expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!

40.3%

Expected annual growth in earnings.

Earnings growth vs Low Risk Savings

Is Bank Bukopin expected to grow at an attractive rate?

Bank Bukopin's earnings growth is expected to exceed the low risk savings rate of 0.2%.

Growth vs Market Checks

Bank Bukopin's earnings growth is expected to exceed the Germany market average.
Bank Bukopin's revenue growth is expected to exceed the Germany market average.

Annual Growth Rates Comparison

Raw Data

BST:5BB Future Growth Rates Data Sources
Data Point	Source	Value (per year)
BST:5BB Future Earnings Growth Rate	Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts	40.3%
BST:5BB Future Revenue Growth Rate	Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts	16.4%
Germany Banks Industry Earnings Growth Rate	Market Cap Weighted Average	14%
Europe Banks Industry Revenue Growth Rate	Market Cap Weighted Average	4.1%
Germany Market Earnings Growth Rate	Market Cap Weighted Average	13.1%
Germany Market Revenue Growth Rate	Market Cap Weighted Average	4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations

Raw Data

BST:5BB Analysts Growth Expectations Data Sources
Data Point	Source	Value
Past Financials	Company Filings (1 month ago)	See Below
Future Estimates	Average of up to 1 Analyst Estimates (S&P Global)	See Below

All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.

BST:5BB Future Estimates Data
Date (Data in IDR Millions)	Revenue	Net Income *	Avg. No. Analysts
2021-12-31	4,730,159	857,000	1
2020-12-31	4,382,538	750,505	1
2019-12-31	4,059,928	661,680	1

BST:5BB Past Financials Data
Date (Data in IDR Millions)	Revenue	Cash Flow	Net Income *
2019-03-31	2,762,423	4,593,189	117,763
2018-12-31	2,913,184	4,912,197	189,595
2018-09-30	2,889,331	3,040,324	263,133
2018-06-30	3,000,795	2,261,384	270,439
2018-03-31	2,979,361	-3,628,276	146,895
2017-12-31	3,098,218	-5,803,822	135,279
2017-09-30	2,776,982	-731,943	-497,059
2017-06-30	3,027,576	-1,101,834	-270,070
2017-03-31	4,248,311	-3,691,544	927,918
2016-12-31	3,405,009	-5,224,889	183,536
2016-09-30	4,082,527	-8,436,539	1,044,342
2016-06-30	3,967,014	-10,117,519	1,031,135

*GAAP earnings excluding extraordinary items.

High Growth Checks

Bank Bukopin's earnings are expected to grow significantly at over 20% yearly.
Bank Bukopin's revenue is expected to grow by 16.4% yearly, however this is not considered high growth (20% yearly).

Past and Future Earnings per Share

The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.

Raw Data

BST:5BB Past and Future Earnings per Share
Data Point	Source	Value
Past Financials	Company Filings (1 month ago)	See Below
Future Estimates	Average of up to 1 Analyst Estimates (S&P Global)	See Below

All data from Bank Bukopin Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:5BB Future Estimates Data
Date (Data in IDR Millions)	EPS *	EPS High Estimate	EPS Low Estimate	Avg. No. Analysts
2021-12-31	73.57	73.57	73.57	1.00
2020-12-31	64.41	64.41	64.41	1.00
2019-12-31	56.79	56.79	56.79	1.00

BST:5BB Past Financials Data
Date (Data in IDR Millions)	EPS *
2019-03-31	9.57
2018-12-31	16.27
2018-09-30	23.90
2018-06-30	29.76
2018-03-31	16.19
2017-12-31	14.89
2017-09-30	-54.70
2017-06-30	-29.72
2017-03-31	102.12
2016-12-31	20.20
2016-09-30	114.93
2016-06-30	113.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years

In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.

Bank Bukopin is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).

Show me more growth companies in the Banks industry

Future performance checks

We assess Bank Bukopin's future performance by looking at:

Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
Is the annual earnings growth rate expected to be above 20%? (1 check)
Is the annual revenue growth rate expected to be above 20%? (1 check)
Is the Return on Equity in 3 years expected to be over 20%? (1 check)

Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank Bukopin has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

5BB Past Performance

How has Bank Bukopin performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.

Past earnings growth

Below we compare Bank Bukopin's growth in the last year to its industry (Banks).

Past Earnings growth analysis

We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.

Bank Bukopin's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
Bank Bukopin's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Bank Bukopin's 1-year earnings growth is negative, it can't be compared to the DE Banks industry average.

Earnings and Revenue History

Bank Bukopin's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.

Raw Data

All data from Bank Bukopin Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:5BB Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions)	Revenue	Net Income *	G+A Expenses
2019-03-31	2,762,423.00	117,763.00	2,381,980.00
2018-12-31	2,913,184.00	189,595.00	2,441,963.00
2018-09-30	2,889,331.00	263,133.00	2,419,362.00
2018-06-30	3,000,795.00	270,439.00	2,491,722.00
2018-03-31	2,979,361.00	146,895.00	2,569,925.00
2017-12-31	3,098,218.00	135,279.00	2,634,137.00
2017-09-30	2,776,982.00	-497,059.00	2,747,454.00
2017-06-30	3,027,576.00	-270,070.00	2,737,124.00
2017-03-31	4,248,311.00	927,918.00	2,718,002.00
2016-12-31	3,405,009.00	183,536.00	2,648,998.00
2016-09-30	4,082,527.00	1,044,342.00	2,535,100.00
2016-06-30	3,967,014.00	1,031,135.00	2,449,099.00
2016-03-31	3,855,671.00	1,035,938.00	2,372,178.00
2015-12-31	3,712,779.00	960,425.00	2,307,416.00
2015-09-30	3,637,546.00	791,297.00	2,332,120.00
2015-06-30	3,401,074.00	662,214.00	2,288,427.00
2015-03-31	3,275,448.00	622,833.00	2,217,933.00
2014-12-31	3,263,660.00	670,534.00	2,165,639.00
2014-09-30	3,352,838.00	870,851.00	2,093,975.00
2014-06-30	3,405,718.00	943,832.00	2,043,977.00
2014-03-31	3,402,665.00	951,878.00	2,000,872.00
2013-12-31	3,351,768.00	946,598.00	1,957,010.00
2013-09-30	3,299,464.00	946,918.00	1,860,122.00
2013-06-30	3,229,189.00	919,203.00	1,822,407.00
2013-03-31	3,092,317.00	872,863.00	1,764,128.00
2012-12-31	2,969,907.00	830,489.00	1,701,850.00
2012-09-30	2,929,302.00	897,526.00	1,682,817.00
2012-06-30	2,787,765.00	817,467.00	1,606,216.00

*GAAP earnings excluding extraordinary items.

Performance last year

We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.

Bank Bukopin has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Bank Bukopin used its assets less efficiently than the DE Banks industry average last year based on Return on Assets.
Unable to establish if Bank Bukopin improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.

Past performance checks

We assess Bank Bukopin's performance over the past 5 years by checking for:

Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)

The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank Bukopin has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

5BB Health

How is Bank Bukopin's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.

Net Worth

Balance sheet

This treemap shows a more detailed breakdown of Bank Bukopin's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.

Assets

Liabilities and shares

The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.

Historical Debt

Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.

Raw Data

All data from Bank Bukopin Company Filings, last reported 1 month ago.

BST:5BB Past Debt and Equity Data
Date (Data in IDR Millions)	Total Equity	Total Debt	Cash & Short Term Investments
2019-03-31	8,658,892.00	7,842,770.00	10,179,554.00
2018-12-31	8,594,437.00	8,759,612.00	8,975,804.00
2018-09-30	8,701,320.00	5,139,468.00	4,671,886.00
2018-06-30	7,174,402.00	9,800,446.00	8,634,200.00
2018-03-31	7,210,226.00	8,465,307.00	16,370,677.00
2017-12-31	6,758,952.00	9,021,725.00	11,853,148.00
2017-09-30	9,931,096.00	7,647,769.00	16,818,261.00
2017-06-30	9,745,800.00	7,453,049.00	18,311,361.00
2017-03-31	9,941,599.00	5,462,822.00	18,632,045.00
2016-12-31	6,910,000.00	9,779,781.00	14,244,389.00
2016-09-30	9,300,052.00	10,297,664.00	8,900,272.00
2016-06-30	8,998,764.00	8,730,491.00	6,938,909.00
2016-03-31	9,128,317.00	7,498,241.00	13,299,331.00
2015-12-31	7,535,179.00	8,922,522.00	13,363,014.00
2015-09-30	7,441,980.00	6,863,248.00	11,210,546.00
2015-06-30	7,165,683.00	5,181,183.00	10,571,670.00
2015-03-31	7,069,635.00	4,707,090.00	10,002,884.00
2014-12-31	6,805,696.00	5,386,581.00	10,977,821.00
2014-09-30	6,724,805.00	5,259,395.00	14,151,958.00
2014-06-30	6,606,384.00	3,511,989.00	7,482,272.00
2014-03-31	6,618,992.00	4,920,726.00	10,295,435.00
2013-12-31	6,243,904.00	5,416,350.00	7,908,012.00
2013-09-30	5,434,564.00	6,022,597.00	8,912,367.00
2013-06-30	5,233,587.00	5,588,035.00	16,158,122.00
2013-03-31	5,211,730.00	4,608,648.00	16,814,355.00
2012-12-31	4,996,742.00	5,333,069.00	13,021,713.00
2012-09-30	4,776,435.00	4,610,329.00	12,438,353.00
2012-06-30	4,557,483.00	6,900,499.00	8,600,997.00

BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.

Bank Bukopin has an acceptable proportion of non-loan assets held.
Bank Bukopin's liabilities are made up of primarily low risk sources of funding.
Loans at Bank Bukopin are broadly funded by customer deposits.
Bank Bukopin's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
Bank Bukopin has a low allowance for bad loans.
Bank Bukopin has a high level of bad loans (greater than 2%).

Show me more healthy companies in the Banks industry

Financial health checks

We assess Bank Bukopin's financial health by checking for:

Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)

For companies that are loss making and have been so on average in the past we replace the last 2 checks with:

Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)

Full details on the Health part of the Simply Wall St company analysis model.

5BB Dividends

What is Bank Bukopin's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.

Annual Dividend Income

Current annual income from Bank Bukopin dividends. Estimated to be 15.87% next year.

If you bought €2,000 of Bank Bukopin shares you are expected to receive €0 in your first year as a dividend.

Dividend Amount

Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?

Unable to evaluate Bank Bukopin's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Bank Bukopin's dividend against the top 25% market benchmark as the company has not reported any payouts.

Annualized Historical and Future Dividends

It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.

Raw Data

BST:5BB Annualized Past and Future Dividends
Data Point	Source	Value
Past Annualized Dividend Yield	S&P Global Market Data	See Below
Past Dividends per Share	Company Filings/ Annualized Dividend Payments	See Below
Future Dividends per Share Estimates	Average of up to 1 Analyst Estimates (S&P Global)	See Below
Germany Banks Industry Average Dividend Yield	Market Cap Weighted Average of 6 Stocks	2.9%
Germany Market Average Dividend Yield	Market Cap Weighted Average of 327 Stocks	3.1%
Germany Minimum Threshold Dividend Yield	10th Percentile	0.8%
Germany Bottom 25% Dividend Yield	25th Percentile	1.4%
Germany Top 25% Dividend Yield	75th Percentile	3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:5BB Future Dividends Estimate Data
Date (Data in IDR)	Dividend per Share (annual)	Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31	41.89	1.00

BST:5BB Past Annualized Dividends Data
Date (Data in IDR)	Dividend per share (annual)	Avg. Yield (%)
2019-04-30	0.000	0.000
2019-04-01	0.000	0.000
2018-10-31	0.000	0.000
2018-10-17	0.000	0.000
2018-07-31	0.000	0.000
2018-04-27	0.000	0.000
2018-04-09	0.000	0.000
2018-04-02	0.000	0.000
2017-03-31	35.875	5.990
2013-12-13	31.300	4.524
2013-03-15	31.300	4.460
2012-03-28	27.800	4.231

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

Unable to perform a dividend volatility check as Bank Bukopin has not reported any payouts.
Unable to verify if Bank Bukopin's dividend has been increasing as the company has not reported any payouts.

Current Payout to shareholders

What portion of Bank Bukopin's earnings are paid to the shareholders as a dividend.

Unable to calculate sustainability of dividends as Bank Bukopin has not reported any payouts.

Future Payout to shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Income/ dividend checks

We assess Bank Bukopin's dividend by checking for:

Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
Is current dividend yield above the bottom 25% of dividend payers? (1 check)
Is current dividend yield above the top 25% of dividend payers? (1 check)
Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
If they have paid a dividend for 10 years has it increased in this time? (1 check)
How sustainable is the dividend, can Bank Bukopin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)

Full details on the Dividends part of the Simply Wall St company analysis model.

5BB Management

What is the CEO of Bank Bukopin's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.

CEO

Eko Gindo

AGE	48
TENURE AS CEO	1.3 years

CEO Bio

Mr. Eko Rachmansyah Gindo has been the President Director at PT Bank Bukopin Tbk since January 10, 2018 and served as its Director of Finance and Planning since August 18, 2015. Mr. Gindo served as the President Director at PT Bank Victoria Internasional Tbk since September 27, 2012 until June 26, 2015. Mr. Gindo served as Executive Vice President of PT Bosowa Investama from March 2005 to 2010. Mr. Gindo served as Vice President of PT Bosowa Indonesia from July to December 2011. He started his banking career at PT Bank Niaga Tbk and also served as its Assistant Manager from 1995 to 1999. He was on The National Banking Recovery Board from 1999 to 2000 and was Expert Staff for Vice-Director of National Banking Recovery Board. He worked at PT Bank Danamon from 2000 to 2005 and also served as its Head of Small-Medium Enterprise Planning, Marketing and Development Unit. He served as the President Commissioner of PT Bank Victoria Internasional Tbk since January 18, 2012. He has been Commissioner/Independent Commissioner of PT PT Bank Victoria Syariah since March 26, 2010. He has been an Independent Director at PT Bank Bukopin Tbk since May 28, 2015. He served as Independent Commissioner of PT Bank Swaguna from 2005 to 2010. Mr. Gindo served as a Director of PT Nusantara Infrastructure. He completed his education at the Bandung Institute of Technology, in 1995.

CEO Compensation

Insufficient data for Eko to compare compensation growth.
Insufficient data for Eko to establish whether their remuneration is reasonable compared to companies of similar size in Germany.

Management Team Tenure

Average tenure and age of the Bank Bukopin management team in years:

1.2

Average Tenure

Average Age

The average tenure for the Bank Bukopin management team is less than 2 years, this suggests a new team.

Head of Human Resources Management Division

Mikrowa Kirana

TITLE

Director of Commercial & Director

AGE

55

TENURE

12.4 yrs

Hari Wurianto

TITLE

Director of Compliance & Risk Management and Director

AGE

52

Board of Directors Tenure

Average tenure and age of the Bank Bukopin board of directors in years:

Average Tenure

Average Age

The tenure for the Bank Bukopin board of directors is about average.

AGE

60

Who owns this company?

Recent Insider Trading

No 3 month insider trading information.

Recent Insider Transactions

Announced	Type	Name	Entity	Role		Start	End	Shares	Max Price (€)	Value (€)

Management checks

We assess Bank Bukopin's management by checking for:

Is the CEO's compensation unreasonable compared to market cap? (1 check)
Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
Is the average tenure of the management team less than 2 years? (1 check)
Is the average tenure of the board of directors team less than 3 years? (1 check)

Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

5BB News

Simply Wall St News

5BB Company Info

Description

PT Bank Bukopin Tbk., together with its subsidiaries, provides banking products and services in Indonesia. The company offers current accounts, personal accounts, corporate accounts, and time deposits; car loans, short term credit, micro banking, and trade finance services; and loans to micro and small businesses, medium enterprises, and cooperatives. It also provides remittance services, debit and credit cards, investment products, and cash management services; and leasing finance, e-banking, and other banking services. As of December 31, 2017, the company operated through a network of 43 branches, 175 sub-branches, 22 functional offices, 115 cash offices, 23 payment points, and 919 ATMs. The company was formerly known as Bank Umum Koperasi Indonesia and changed its name to PT Bank Bukopin Tbk. in January 1990. PT Bank Bukopin Tbk. was founded in 1970 and is headquartered in Jakarta, Indonesia.

Details

Name:	PT Bank Bukopin Tbk
Ticker:	5BB
Exchange:	BST
Founded:	1970
Market Cap:	IDR190,278,847
Shares outstanding:	11,651,908,748
Website:	http://www.bukopin.co.id
Address:	PT Bank Bukopin Tbk Jalan M.T. Haryono Kav. 50-51, Jakarta, 12770, Indonesia

Listings

	Exchange Symbol	Ticker Symbol	Security	Exchange	Country	Currency	Listed on
	IDX	BBKP	Class B Common Shares	Indonesia Stock Exchange	ID	IDR	10. Jul 2006
	BST	5BB	Class B Common Shares	Boerse-Stuttgart	DE	EUR	10. Jul 2006

Number of employees

Current staff

5,056

Bank Bukopin employees.

Industry

Industry:	Diversified Banks
Sector:	Banks

Company Analysis and Financial Data Status

Area	Date (UTC time)
Company Analysis updated:	2019/05/18 21:58
End of day share price update:	2019/05/17 00:00
Last estimates confirmation:	2019/04/02
Last earnings filing:	2019/04/30
Last earnings reported:	2019/03/31
Last annual earnings reported:	2018/12/31

All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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