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Mandala Multifinance

DB:QF8
Snowflake Description

Undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QF8
DB
IDR2,822B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Pt Mandala Multifinance Tbk engages in consumer financing activities in Indonesia. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
  • Mandala Multifinance has significant price volatility in the past 3 months.
QF8 Share Price and Events
7 Day Returns
-1.8%
DB:QF8
2.4%
Europe Consumer Finance
2.5%
DE Market
1 Year Returns
19.1%
DB:QF8
-17%
Europe Consumer Finance
-6.7%
DE Market
QF8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mandala Multifinance (QF8) -1.8% 3.7% 12% 19.1% 138.3% 187.2%
Europe Consumer Finance 2.4% 1.5% 1.9% -17% -43.1% -30.3%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • QF8 outperformed the Consumer Finance industry which returned -17% over the past year.
  • QF8 outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
QF8
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Mandala Multifinance's competitors could be found in our database.

QF8 Value

 Is Mandala Multifinance 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 Mandala Multifinance 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 Mandala Multifinance.

DB:QF8 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
= IDR692.06 * 14.9%
IDR103.24
Book Value of Equity per Share Median Book Value from the past 5 years. IDR692.06
Discount Rate (Cost of Equity) See below 5.9%
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 DB:QF8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 25%) (48.16%))
0.955
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.955 * 5.96%)
5.92%

Discounted Cash Flow Calculation for DB:QF8 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Mandala Multifinance 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:QF8 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (14.9% – 5.92%) * IDR692.06)
IDR62.29
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= IDR62.29 / (5.92% - 0.23%)
IDR1,094.77
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= IDR692.06 + IDR1,094.77
IDR1786.82
DB:QF8 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:QF8 represents 5.0E-5x of IDX:MFIN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
5.0E-5x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 1,786.82 x 5.0E-5
€0.09
Value per share (EUR) From above. €0.09
Current discount Discount to share price of €0.06
= -1 x (€0.06 - €0.09) / €0.09
40.4%

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

Current Discount
Amount off the current price Mandala Multifinance is available for.
Intrinsic value
40%
Share price is €0.056 vs Future cash flow value of €0.09396
Current Discount Checks
For Mandala Multifinance to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mandala Multifinance's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mandala Multifinance'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 Mandala Multifinance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mandala Multifinance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:QF8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in IDR IDR125.79
IDX:MFIN Share Price ** IDX (2019-04-18) in IDR IDR1065
Europe Consumer Finance Industry PE Ratio Median Figure of 28 Publicly-Listed Consumer Finance Companies 10.81x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

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

** Primary Listing of Mandala Multifinance.

DB:QF8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1065 ÷ 125.79

8.47x

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

  • Mandala Multifinance is good value based on earnings compared to the Europe Consumer Finance industry average.
  • Mandala Multifinance is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Mandala Multifinance's expected growth come at a high price?
Raw Data
DB:QF8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 15 Publicly-Listed Consumer Finance Companies 0.66x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Mandala Multifinance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mandala Multifinance's assets?
Raw Data
DB:QF8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in IDR IDR777.61
IDX:MFIN Share Price * IDX (2019-04-18) in IDR IDR1065
Europe Consumer Finance Industry PB Ratio Median Figure of 36 Publicly-Listed Consumer Finance Companies 1.43x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:QF8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1065 ÷ 777.61

1.37x

* Primary Listing of Mandala Multifinance.

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

  • Mandala Multifinance is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Mandala Multifinance'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Mandala Multifinance has a total score of 5/6, 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.

QF8 Future Performance

 How is Mandala Multifinance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Mandala Multifinance, future earnings growth has been estimated based on fundamentals.
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
4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mandala Multifinance expected to grow at an attractive rate?
  • Mandala Multifinance's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Mandala Multifinance's earnings growth is positive but not above the Germany market average.
  • Unable to compare Mandala Multifinance's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:QF8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:QF8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:QF8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:QF8 Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,231,837 -20,766 333,346
2018-09-30 1,190,975 6,585 333,069
2018-06-30 1,179,187 119,109 345,513
2018-03-31 1,167,677 471,312 333,203
2017-12-31 1,177,599 710,993 332,932
2017-09-30 1,133,466 980,503 288,527
2017-06-30 1,093,988 1,231,958 257,138
2017-03-31 1,111,759 1,404,049 273,592
2016-12-31 1,118,168 1,518,408 255,284
2016-09-30 1,117,227 1,568,572 262,732
2016-06-30 1,152,251 1,238,996 242,370
2016-03-31 1,175,168 911,059 252,095

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mandala Multifinance's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Mandala Multifinance is high growth as no revenue estimate data is available.
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:QF8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mandala Multifinance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:QF8 Past Financials Data
Date (Data in IDR Millions) EPS *
2018-12-31 125.79
2018-09-30 125.69
2018-06-30 130.38
2018-03-31 125.74
2017-12-31 125.63
2017-09-30 108.88
2017-06-30 97.03
2017-03-31 103.24
2016-12-31 96.33
2016-09-30 99.14
2016-06-30 91.46
2016-03-31 95.13

*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.
  • Unable to establish if Mandala Multifinance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mandala Multifinance'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Mandala Multifinance has a total score of 1/6, 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.

QF8 Past Performance

  How has Mandala Multifinance 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 Mandala Multifinance's growth in the last year to its industry (Consumer Finance).
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.
  • Mandala Multifinance's year on year earnings growth rate has been positive over the past 5 years.
  • Mandala Multifinance's 1-year earnings growth is less than its 5-year average (0.1% vs 4.2%)
  • Mandala Multifinance's earnings growth has not exceeded the Europe Consumer Finance industry average in the past year (0.1% vs 24.8%).
Earnings and Revenue History
Mandala Multifinance'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 Mandala Multifinance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:QF8 Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,231,837.00 333,346.00 748,383.00
2018-09-30 1,190,975.00 333,069.00 726,211.00
2018-06-30 1,179,187.00 345,513.00 703,634.00
2018-03-31 1,167,677.00 333,203.00 707,264.00
2017-12-31 1,177,599.00 332,932.00 705,161.00
2017-09-30 1,133,466.00 288,527.00 708,070.00
2017-06-30 1,093,988.00 257,138.00 709,469.00
2017-03-31 1,111,759.00 273,592.00 704,268.00
2016-12-31 1,118,168.00 255,284.00 737,347.00
2016-09-30 1,117,227.00 262,732.00 729,557.00
2016-06-30 1,152,251.00 242,370.00 741,913.00
2016-03-31 1,175,168.00 252,095.00 729,590.00
2015-12-31 1,213,019.00 246,564.00 729,844.00
2015-09-30 1,235,831.00 260,552.00 729,346.00
2015-06-30 1,235,277.00 302,373.00 700,479.00
2015-03-31 1,212,777.00 288,782.00 687,562.00
2014-12-31 1,152,786.00 306,822.00 643,010.00
2014-09-30 1,121,606.00 295,998.00 599,550.00
2014-06-30 1,095,893.00 262,719.00 584,663.00
2014-03-31 1,064,327.00 264,920.00 564,797.00
2013-12-31 1,051,338.00 258,929.00 542,369.00
2013-09-30 1,000,245.00 238,537.00 539,408.00
2013-06-30 958,126.00 252,735.00 520,450.00
2013-03-31 922,298.00 232,782.00 504,561.00
2012-12-31 890,160.00 218,002.00 487,531.00
2012-09-30 861,949.00 203,493.00 464,554.00
2012-06-30 813,981.00 182,506.00 446,440.00

*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.
  • Mandala Multifinance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mandala Multifinance used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Mandala Multifinance 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 Mandala Multifinance'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 Consumer Finance 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.
Mandala Multifinance has a total score of 2/6, 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.

QF8 Health

 How is Mandala Multifinance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mandala Multifinance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mandala Multifinance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mandala Multifinance's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mandala Multifinance'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.5x debt.
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 Mandala Multifinance Company Filings, last reported 3 months ago.

DB:QF8 Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,060,667.00 1,359,150.00 60,132.00
2018-09-30 1,954,579.00 1,416,838.00 103,907.00
2018-06-30 1,877,901.00 1,235,625.00 68,594.00
2018-03-31 2,011,818.00 1,091,826.00 60,440.00
2017-12-31 1,933,974.00 1,106,317.00 64,472.00
2017-09-30 1,833,946.00 1,169,982.00 60,459.00
2017-06-30 1,744,772.00 1,378,485.00 95,824.00
2017-03-31 1,890,999.00 1,344,174.00 81,329.00
2016-12-31 1,813,426.00 1,582,873.00 67,005.00
2016-09-30 1,755,185.00 1,924,652.00 65,612.00
2016-06-30 1,697,452.00 2,258,541.00 76,736.00
2016-03-31 1,653,650.00 2,587,790.00 82,099.00
2015-12-31 1,594,385.00 2,852,810.00 87,750.00
2015-09-30 1,540,531.00 3,204,875.00 93,761.00
2015-06-30 1,503,160.00 3,164,057.00 86,022.00
2015-03-31 1,454,933.00 3,161,491.00 79,511.00
2014-12-31 1,386,555.00 3,233,981.00 100,550.00
2014-09-30 1,315,784.00 3,234,907.00 124,615.00
2014-06-30 1,236,592.00 3,010,434.00 165,740.00
2014-03-31 1,197,318.00 2,830,978.00 156,283.00
2013-12-31 1,125,544.00 2,737,706.00 151,011.00
2013-09-30 1,045,624.00 2,811,975.00 206,569.00
2013-06-30 999,710.00 2,665,698.00 103,555.00
2013-03-31 954,261.00 2,742,828.00 91,104.00
2012-12-31 888,478.00 3,018,103.00 104,614.00
2012-09-30 828,950.00 2,994,839.00 81,609.00
2012-06-30 768,838.00 2,927,006.00 68,056.00
  • Mandala Multifinance's level of debt (66%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (243.2% vs 66% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Mandala Multifinance's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Mandala Multifinance'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. Mandala Multifinance has a total score of 3/6, 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.

QF8 Dividends

 What is Mandala Multifinance'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
7.04%
Current annual income from Mandala Multifinance dividends.
If you bought €2,000 of Mandala Multifinance shares you are expected to receive €141 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?
  • Mandala Multifinance's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Mandala Multifinance's dividend is above the markets top 25% of dividend payers in Germany (3.74%).
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:QF8 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 0 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 3.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:QF8 Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-07-31 75.000 8.355
2018-03-29 75.000 8.852
2017-07-31 75.000 11.196
2017-03-31 75.000 13.318
2016-07-29 9.500 2.266
2016-04-04 9.500 2.346
2015-08-04 11.500 2.673
2015-02-12 11.500 2.418
2014-10-31 9.750 2.128
2014-07-24 9.750 2.467
2014-03-28 9.750 2.516
2013-10-31 8.250 2.374
2013-07-31 8.250 2.351
2013-03-28 8.250 2.288
2012-10-31 20.400 6.695
2012-07-31 15.000 4.548
2012-03-30 20.400 5.637
2011-08-02 15.000 3.491
2011-04-01 15.000 3.887
2010-03-31 12.240 5.780
2009-07-31 11.920 9.611
2009-04-20 11.920 11.350

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Mandala Multifinance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mandala Multifinance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Mandala Multifinance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mandala Multifinance has a total score of 4/6, see the detailed checks below.


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

QF8 Management

 What is the CEO of Mandala Multifinance'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
Harryjanto Lasmana
AGE 59
TENURE AS CEO 22.3 years
CEO Bio

Mr. Harryjanto Lasmana has been the President Director at Pt Mandala Multifinance Tbk since 1997 and serves as its HR & GA Director. Mr. Lasmana served as General Manager Of Marketing at Pt Mandala Multifinance Tbk. Mr. Lasmana has experience experience in Financing Companies since 1990 as Managing Director. He has been Director of Pt Mandala Multifinance Tbk since 1997. Mr. Lasmana studied at Sekolah Tinggi llmu Ekonomi.

CEO Compensation
  • Insufficient data for Harryjanto to compare compensation growth.
  • Insufficient data for Harryjanto to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Mandala Multifinance management team in years:

12.3
Average Tenure
57
Average Age
  • The average tenure for the Mandala Multifinance management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Harryjanto Lasmana

TITLE
President Director and HR & GA Director
AGE
59
TENURE
22.3 yrs

- Elise

TITLE
Finance Director & Director
AGE
57

Suwinto Johan

TITLE
Marketing & Operation Director and Director
AGE
44

Sandi Lesmana

TITLE
Sharia Unit Head

- Usman

TITLE
Head of Internal Audit Unit
TENURE
3.4 yrs

- Mahrus

TITLE
Corporate Secretary
TENURE
12.3 yrs
Board of Directors Tenure

Average tenure and age of the Mandala Multifinance board of directors in years:

14.3
Average Tenure
59
Average Age
  • The average tenure for the Mandala Multifinance board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Harryjanto Lasmana

TITLE
President Director and HR & GA Director
AGE
59
TENURE
22.3 yrs

- Elise

TITLE
Finance Director & Director
AGE
57
TENURE
15.3 yrs

Suwinto Johan

TITLE
Marketing & Operation Director and Director
AGE
44
TENURE
2.9 yrs

Sandi Lesmana

TITLE
Sharia Unit Head

Saptono Satryo

TITLE
Chairman of Sharia Supervisory Board

Alex Hendrawan

TITLE
President Commissioner
AGE
62
TENURE
14.3 yrs

Deddy Heruwanto

TITLE
Independent Commissioner
AGE
66
TENURE
14.3 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 Mandala Multifinance'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. Mandala Multifinance 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.

QF8 News

Simply Wall St News

QF8 Company Info

Description

Pt Mandala Multifinance Tbk engages in consumer financing activities in Indonesia. It offers motor vehicle financing services to consumers with periodic installment payment schedule. The company was formerly known as PT Gracia Dinamika Multifinance and changed its name to PT Mandala Multifinance Tbk in March 1997. The company was founded in 1983 and is based in Central Jakarta, Indonesia. PT Mandala Multifinance Tbk is a subsidiary of PT Jayamandiri Gemasejati.

Details
Name: Pt Mandala Multifinance Tbk
QF8
Exchange: DB
Founded: 1983
IDR178,733,794
2,650,000,000
Website: http://www.mandalafinance.com
Address: Pt Mandala Multifinance Tbk
Jalan Menteng Raya No. 24 A-B,
Central Jakarta,
Jakarta Raya, 10340,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX MFIN Share Capital Indonesia Stock Exchange ID IDR 06. Sep 2005
DB QF8 Share Capital Deutsche Boerse AG DE EUR 06. Sep 2005
Number of employees
Current staff
Staff numbers
5,465
Mandala Multifinance employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:10
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
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.