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Bank Pembangunan Daerah Jawa Timur

DB:P7T
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
P7T
DB
IDR9,361B
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

PT Bank Pembangunan Daerah Jawa Timur Tbk provides various banking products and services in Indonesia. The last earnings update was 52 days ago. More info.


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P7T Share Price and Events
7 Day Returns
1.1%
DB:P7T
-2.7%
DE Banks
0.3%
DE Market
1 Year Returns
-11%
DB:P7T
-29.4%
DE Banks
-11.7%
DE Market
P7T Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank Pembangunan Daerah Jawa Timur (P7T) 1.1% 3.9% -6.5% -11% 55.8% 87%
DE Banks -2.7% -16.3% -11.7% -29.4% 4.4% -36.2%
DE Market 0.3% -2.8% -0.8% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • P7T outperformed the Banks industry which returned -29.4% over the past year.
Price Volatility
P7T
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Bank Pembangunan Daerah Jawa Timur's competitors could be found in our database.

P7T Value

 Is Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur.

DB:P7T 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
= IDR639.83 * 15.8%
IDR101.00
Book Value of Equity per Share Weighted future Book Value estimates from 4 analysts. IDR639.83
Discount Rate (Cost of Equity) See below 5%
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 DB:P7T
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 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 25%) (8.57%))
0.753
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:P7T using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bank Pembangunan Daerah Jawa Timur 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.

DB:P7T Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (15.8% – 5%) * IDR639.83)
IDR69.04
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= IDR69.04 / (5% - 0.23%)
IDR1,447.93
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= IDR639.83 + IDR1,447.93
IDR2087.76
DB:P7T Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:P7T represents 6.0E-5x of IDX:BJTM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
6.0E-5x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 2,087.76 x 6.0E-5
€0.12
Value per share (EUR) From above. €0.12
Current discount Discount to share price of €0.04
= -1 x (€0.04 - €0.12) / €0.12
70.1%

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

Current Discount
Amount off the current price Bank Pembangunan Daerah Jawa Timur is available for.
Intrinsic value
>50%
Share price is €0.0374 vs Future cash flow value of €0.12493
Current Discount Checks
For Bank Pembangunan Daerah Jawa Timur to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bank Pembangunan Daerah Jawa Timur's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bank Pembangunan Daerah Jawa Timur's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Pembangunan Daerah Jawa Timur's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank Pembangunan Daerah Jawa Timur's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:P7T PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in IDR IDR86.04
IDX:BJTM Share Price ** IDX (2019-06-14) in IDR IDR625
Germany Banks Industry PE Ratio Median Figure of 6 Publicly-Listed Banks Companies 14.83x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

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

** Primary Listing of Bank Pembangunan Daerah Jawa Timur.

DB:P7T PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:BJTM Share Price ÷ EPS (both in IDR)

= 625 ÷ 86.04

7.26x

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

  • Bank Pembangunan Daerah Jawa Timur is good value based on earnings compared to the DE Banks industry average.
  • Bank Pembangunan Daerah Jawa Timur is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Bank Pembangunan Daerah Jawa Timur's expected growth come at a high price?
Raw Data
DB:P7T PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
5.5%per year
Europe Banks Industry PEG Ratio Median Figure of 113 Publicly-Listed Banks Companies 0.79x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

DB:P7T PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.26x ÷ 5.5%

1.31x

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

  • Bank Pembangunan Daerah Jawa Timur is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bank Pembangunan Daerah Jawa Timur's assets?
Raw Data
DB:P7T PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in IDR IDR593.32
IDX:BJTM Share Price * IDX (2019-06-14) in IDR IDR625
Germany Banks Industry PB Ratio Median Figure of 6 Publicly-Listed Banks Companies 0.86x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:P7T PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:BJTM Share Price ÷ Book Value per Share (both in IDR)

= 625 ÷ 593.32

1.05x

* Primary Listing of Bank Pembangunan Daerah Jawa Timur.

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

  • Bank Pembangunan Daerah Jawa Timur is overvalued based on assets compared to the DE Banks industry average.
X
Value checks
We assess Bank Pembangunan Daerah Jawa Timur's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank Pembangunan Daerah Jawa Timur has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

P7T Future Performance

 How is Bank Pembangunan Daerah Jawa Timur expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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!
Annual Growth Rate
5.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank Pembangunan Daerah Jawa Timur expected to grow at an attractive rate?
  • Bank Pembangunan Daerah Jawa Timur's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Bank Pembangunan Daerah Jawa Timur's earnings growth is positive but not above the Germany market average.
  • Bank Pembangunan Daerah Jawa Timur's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:P7T Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:P7T Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 5.5%
DB:P7T Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 9.6%
Germany Banks Industry Earnings Growth Rate Market Cap Weighted Average 13.5%
Germany Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
DB:P7T Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:P7T Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,394,085 1,438,333 2
2020-12-31 4,667,865 1,321,333 3
2019-12-31 4,498,158 1,248,333 2
DB:P7T Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-03-31 4,038,581 -4,613,362 1,288,982
2018-12-31 3,967,635 -929,651 1,260,308
2018-09-30 3,830,239 -1,139,327 1,205,403
2018-06-30 3,719,659 -379,197 1,195,543
2018-03-31 3,707,987 -421,950 1,196,223
2017-12-31 3,639,254 -613,806 1,159,370
2017-09-30 3,638,618 590,820 1,205,417
2017-06-30 3,497,302 292,565 1,189,220
2017-03-31 3,294,160 132,331 1,055,371
2016-12-31 3,298,306 -31,819 1,028,216
2016-09-30 3,175,935 820,735 1,024,588
2016-06-30 3,069,237 203,557 921,280

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bank Pembangunan Daerah Jawa Timur's earnings are expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
  • Bank Pembangunan Daerah Jawa Timur's revenue is expected to grow by 9.6% 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
DB:P7T Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Bank Pembangunan Daerah Jawa Timur Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:P7T Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 102.21 119.55 90.00 4.00
2020-12-31 92.45 104.00 82.00 4.00
2019-12-31 85.54 91.36 77.00 4.00
DB:P7T Past Financials Data
Date (Data in IDR Millions) EPS *
2019-03-31 86.04
2018-12-31 84.15
2018-09-30 80.58
2018-06-30 79.85
2018-03-31 79.94
2017-12-31 77.51
2017-09-30 80.63
2017-06-30 79.59
2017-03-31 70.67
2016-12-31 68.88
2016-09-30 68.59
2016-06-30 61.76

*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 Pembangunan Daerah Jawa Timur is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bank Pembangunan Daerah Jawa Timur's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. 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 Pembangunan Daerah Jawa Timur has a total score of 2/6, 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.

P7T Past Performance

  How has Bank Pembangunan Daerah Jawa Timur 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 Pembangunan Daerah Jawa Timur'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 Pembangunan Daerah Jawa Timur's year on year earnings growth rate has been positive over the past 5 years.
  • Bank Pembangunan Daerah Jawa Timur's 1-year earnings growth is less than its 5-year average (7.8% vs 8.2%)
  • Bank Pembangunan Daerah Jawa Timur's earnings growth has exceeded the DE Banks industry average in the past year (7.8% vs 4.7%).
Earnings and Revenue History
Bank Pembangunan Daerah Jawa Timur'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 Pembangunan Daerah Jawa Timur Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:P7T Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,038,581.00 1,288,982.00 2,028,352.00
2018-12-31 3,967,635.00 1,260,308.00 1,988,758.00
2018-09-30 3,830,239.00 1,205,403.00 1,881,910.00
2018-06-30 3,719,659.00 1,195,543.00 1,778,469.00
2018-03-31 3,707,987.00 1,196,223.00 1,765,114.00
2017-12-31 3,639,254.00 1,159,370.00 1,758,880.00
2017-09-30 3,638,618.00 1,205,417.00 1,714,245.00
2017-06-30 3,497,302.00 1,189,220.00 1,636,320.00
2017-03-31 3,294,160.00 1,055,371.00 1,607,131.00
2016-12-31 3,298,306.00 1,028,216.00 1,624,521.00
2016-09-30 3,175,935.00 1,024,588.00 1,566,315.00
2016-06-30 3,069,237.00 921,280.00 1,555,770.00
2016-03-31 3,033,861.00 939,887.00 1,484,839.00
2015-12-31 2,864,164.00 884,503.00 1,436,994.00
2015-09-30 2,844,200.00 892,683.00 1,364,431.00
2015-06-30 2,819,073.00 920,126.00 1,314,072.00
2015-03-31 2,714,195.00 884,343.00 1,281,156.00
2014-12-31 2,750,421.00 939,084.00 1,230,558.00
2014-09-30 2,498,881.00 886,133.00 1,147,454.00
2014-06-30 2,497,479.00 939,015.00 1,102,907.00
2014-03-31 2,381,678.00 918,326.00 1,015,796.00
2013-12-31 2,238,482.00 824,312.00 990,654.00
2013-09-30 2,371,248.00 916,538.00 986,538.00
2013-06-30 2,227,239.00 818,722.00 960,993.00
2013-03-31 2,069,370.00 728,201.00 926,374.00
2012-12-31 1,978,144.00 724,639.00 851,947.00
2012-09-30 1,963,551.00 698,632.00 858,943.00
2012-06-30 2,055,970.00 785,327.00 837,636.00

*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 Pembangunan Daerah Jawa Timur has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bank Pembangunan Daerah Jawa Timur used its assets more efficiently than the DE Banks industry average last year based on Return on Assets.
  • Unable to establish if Bank Pembangunan Daerah Jawa Timur improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bank Pembangunan Daerah Jawa Timur's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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 Pembangunan Daerah Jawa Timur has a total score of 3/6, 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.

P7T Health

 How is Bank Pembangunan Daerah Jawa Timur'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 Pembangunan Daerah Jawa Timur'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 Pembangunan Daerah Jawa Timur Company Filings, last reported 2 months ago.

DB:P7T Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 8,886,814.00 802,130.00 14,882,759.00
2018-12-31 8,471,936.00 1,295,434.00 15,925,363.00
2018-09-30 8,217,325.00 690,573.00 18,707,863.00
2018-06-30 7,914,493.00 728,381.00 16,478,819.00
2018-03-31 7,533,062.00 1,327,496.00 15,731,752.00
2017-12-31 7,816,074.00 2,106,014.00 12,196,525.00
2017-09-30 7,563,352.00 1,440,154.00 11,476,819.00
2017-06-30 7,260,033.00 1,021,255.00 14,299,366.00
2017-03-31 6,924,834.00 981,925.00 15,237,729.00
2016-12-31 7,209,572.00 1,606,954.00 7,041,342.00
2016-09-30 7,019,142.00 872,955.00 14,654,768.00
2016-06-30 6,210,672.00 484,647.00 12,453,230.00
2016-03-31 5,962,410.00 475,248.00 13,422,355.00
2015-12-31 6,295,461.00 684,223.00 5,778,082.00
2015-09-30 6,106,245.00 703,100.00 14,049,756.00
2015-06-30 5,934,076.00 366,179.00 14,934,924.00
2015-03-31 6,301,089.00 390,379.00 13,139,984.00
2014-12-31 6,043,635.00 500,888.00 5,842,825.00
2014-09-30 5,847,444.00 328,550.00 11,508,544.00
2014-06-30 5,647,832.00 328,237.00 12,438,929.00
2014-03-31 5,416,746.00 327,226.00 7,755,595.00
2013-12-31 5,718,663.00 324,906.00 5,651,231.00
2013-09-30 5,575,423.00 323,941.00 9,118,454.00
2013-06-30 5,322,929.00 323,232.00 8,694,678.00
2013-03-31 5,112,532.00 322,992.00 10,346,214.00
2012-12-31 5,487,106.00 337,137.00 7,366,084.00
2012-09-30 5,251,640.00 333,394.00 10,765,643.00
2012-06-30 3,841,710.00 334,566.00 8,624,511.00
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 Pembangunan Daerah Jawa Timur has an acceptable proportion of non-loan assets held.
  • Bank Pembangunan Daerah Jawa Timur's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bank Pembangunan Daerah Jawa Timur are broadly funded by customer deposits.
  • Bank Pembangunan Daerah Jawa Timur's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Bank Pembangunan Daerah Jawa Timur has a low allowance for bad loans.
  • Bank Pembangunan Daerah Jawa Timur has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bank Pembangunan Daerah Jawa Timur's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank Pembangunan Daerah Jawa Timur has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

P7T Dividends

 What is Bank Pembangunan Daerah Jawa Timur'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
Dividend payments
6.98%
Current annual income from Bank Pembangunan Daerah Jawa Timur dividends. Estimated to be 7.72% next year.
If you bought €2,000 of Bank Pembangunan Daerah Jawa Timur shares you are expected to receive €140 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?
  • Bank Pembangunan Daerah Jawa Timur's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Bank Pembangunan Daerah Jawa Timur's dividend is above the markets top 25% of dividend payers in Germany (3.91%).
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
DB:P7T 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 4 Analyst Estimates (S&P Global) See Below
Germany Banks Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
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 3.9%

Industry and Market average data is calculated daily.

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

DB:P7T Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 51.06 3.00
2020-12-31 47.43 3.00
2019-12-31 46.34 3.00
DB:P7T Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-01-29 43.640 6.480
2017-01-09 43.640 6.553
2016-01-07 43.000 8.610
2015-03-09 41.860 9.286
2014-03-25 40.610 8.981
2013-03-11 39.740 9.893
2013-03-07 39.740 8.905

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

  • Whilst dividend payments have been stable, Bank Pembangunan Daerah Jawa Timur has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Bank Pembangunan Daerah Jawa Timur only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Bank Pembangunan Daerah Jawa Timur's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bank Pembangunan Daerah Jawa Timur has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Bank Pembangunan Daerah Jawa Timur's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank Pembangunan Daerah Jawa Timur afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank Pembangunan Daerah Jawa Timur has a total score of 3/6, see the detailed checks below.


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

P7T Management

 What is the CEO of Bank Pembangunan Daerah Jawa Timur'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
R. Soeroso
AGE 64
TENURE AS CEO 4.2 years
CEO Bio

Mr. R. Soeroso has been the President Director at PT Bank Pembangunan Daerah Jawa Timur Tbk (PT BPR Jatim)since April 08, 2015. Mr. Soeroso served as Head of Probolinggo Branch, Head of Malang Branch, Head of Sidoarjo Branch and Corporate Secretary at PT Bank Pembangunan Daerah Jawa Timur Tbk. He serves as Director at PT Bank Pembangunan Daerah Jawa Timur Tbk. He Obtained Diploma from IKIP Negeri Surabaya, Corporate Economic studies in 1978, Bachelor Degree of Economic Management from UNTAG, Banyuwangi in 1986 and graduated from Post-Graduate Program, Master Degree of STIE Mitra Indonesia in 2000.

CEO Compensation
  • Insufficient data for R. to compare compensation growth.
  • Insufficient data for R. 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 Pembangunan Daerah Jawa Timur management team in years:

4
Average Tenure
56
Average Age
  • The tenure for the Bank Pembangunan Daerah Jawa Timur management team is about average.
Management Team

R. Soeroso

TITLE
President Director
AGE
64
TENURE
4.2 yrs

Rudie Hardiono

TITLE
Operation Director & Director
AGE
60
TENURE
4.7 yrs

- Affandi

TITLE
Head of Legal Division
AGE
55

Elfaurid Aguswantoro

TITLE
Head of Compliance & Governance Division
AGE
57
TENURE
1.4 yrs

Nur Ardian

TITLE
Head of Human Capital Division
AGE
38
TENURE
1.4 yrs

Tony Sudjiaryanto

TITLE
Consumer Retail & Sharia Business Director and Director
AGE
59
TENURE
4.8 yrs

- Su'udi

TITLE
Business & Corporation Director and Director
AGE
57
TENURE
4.2 yrs

Purboyo Sinugroho

TITLE
Head of Sharia Business Support Division
AGE
54
TENURE
4 yrs

Tonny Prasetyo

TITLE
Head of General Affairs Division
AGE
49
TENURE
3.4 yrs

Lulu Hadhianto

TITLE
Chairman of Sharia Spin Off Team
AGE
53
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure and age of the Bank Pembangunan Daerah Jawa Timur board of directors in years:

3
Average Tenure
58
Average Age
  • The tenure for the Bank Pembangunan Daerah Jawa Timur board of directors is about average.
Board of Directors

R. Soeroso

TITLE
President Director
AGE
64
TENURE
4.2 yrs

Rudie Hardiono

TITLE
Operation Director & Director
AGE
60

Tony Sudjiaryanto

TITLE
Consumer Retail & Sharia Business Director and Director
AGE
59

- Su'udi

TITLE
Business & Corporation Director and Director
AGE
57
TENURE
4.2 yrs

Hadi Santoso

TITLE
Director of Compliance & Human Capital and Director
AGE
57
TENURE
1.4 yrs

Rizyana Mirda

TITLE
Director of Risk Management & Director
AGE
49
TENURE
1.4 yrs

H. Moh. Aziz

TITLE
Chairman of Sharia Supervisory Board
AGE
61
TENURE
7.3 yrs

Akhmad Sukardi

TITLE
President Commissioner
AGE
60

Rudi Purwono

TITLE
Independent Commissioner
AGE
49
TENURE
3 yrs

Guritno Putra

TITLE
Advisor to the Board of Directors
AGE
51
TENURE
1.4 yrs
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 (€)
X
Management checks
We assess Bank Pembangunan Daerah Jawa Timur's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank Pembangunan Daerah Jawa Timur has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


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.

P7T News

Simply Wall St News

P7T Company Info

Description

PT Bank Pembangunan Daerah Jawa Timur Tbk provides various banking products and services in Indonesia. The company offers savings and current accounts, and fixed and time deposits; personal and productivity loans; and property construction loans, bank guarantees, checking accounts, investment loans, credit modal Kerja, syndicated loans, financing receivables loans, cash collateral credit, local government loans, and Bureau of Public Service Area loans. It also provides common foreign exchange, hedging forward contract, hedging swap, bank note, deposit on call, and documentation services. In addition, the company offers Sharia savings, deposit, and financing products; merchant relationship program; automated teller machines (ATM), Internet and mobile banking services; SMS banking services; virtual accounts; electronic government staff, debit cards, and prepaid cards; and foreign exchange transaction and remittance services. Further, it provides letters of credit; import tax and letter of credit undocumented affair services; bank guarantee forex services; safe deposit boxes; and money transfer and other banking services. As of December 31, 2018, the company operated 41 branches, 7 Sharia branches, 160 conventional sub branches, 9 Sharia sub-branches, 207 cash offices, 203 payment points, 8 Sharia payment points, 191 Sharia service offices, 735 ATMs, 22 Sharia ATMs, 2 automated deposit machines, 92 cash conventional ATM vehicles, and 6 cash Sharia ATM vehicles. PT Bank Pembangunan Daerah Jawa Timur Tbk was founded in 1961 and is headquartered in Surabaya, Indonesia.

Details
Name: PT Bank Pembangunan Daerah Jawa Timur Tbk
P7T
Exchange: DB
Founded: 1961
IDR581,599,739
14,978,134,982
Website: http://www.bankjatim.co.id
Address: PT Bank Pembangunan Daerah Jawa Timur Tbk
Jalan Basuki Rachmat No 98 - 104,
Surabaya,
Jawa Timur, 60271,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX BJTM Series A Shares Indonesia Stock Exchange ID IDR 12. Jul 2012
DB P7T Series A Shares Deutsche Boerse AG DE EUR 12. Jul 2012
Number of employees
Current staff
Staff numbers
4,172
Bank Pembangunan Daerah Jawa Timur employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 22:22
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/04/25
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.