Executive Summary
PT Bukit Asam Tbk, together with its subsidiaries, engages in the coal mining activities primarily in Indonesia.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -4.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Bukitm's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TBA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.3%
TBA
6.9%
DE Oil and Gas
0.7%
DE Market
1 Year Return
-32.8%
TBA
67.4%
DE Oil and Gas
15.1%
DE Market
Return vs Industry: TBA underperformed the German Oil and Gas industry which returned 67.4% over the past year.
Return vs Market: TBA underperformed the German Market which returned 15.1% over the past year.
Shareholder returns
| TBA | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 6.9% | 0.7% |
| 30 Day | 2.0% | 14.6% | -0.7% |
| 90 Day | -4.7% | 31.8% | 5.9% |
| 1 Year | -25.8%-32.8% | 73.0%67.4% | 18.7%15.1% |
| 3 Year | 13.2%-9.9% | 70.4%54.0% | 19.2%8.6% |
| 5 Year | 33.6%-0.9% | 311.9%242.8% | 39.0%20.1% |
Price Volatility Vs. Market
How volatile is Bukitm's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Bukitm undervalued compared to its fair value and its price relative to the market?
20.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TBA (€0.16) is trading below our estimate of fair value (€0.2)
Significantly Below Fair Value: TBA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TBA is good value based on its PE Ratio (6.5x) compared to the Oil and Gas industry average (10.1x).
PE vs Market: TBA is good value based on its PE Ratio (6.5x) compared to the German market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: TBA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TBA is overvalued based on its PB Ratio (1.7x) compared to the DE Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Bukitm forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-4.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBA's earnings are forecast to decline over the next 3 years (-4.7% per year).
Earnings vs Market: TBA's earnings are forecast to decline over the next 3 years (-4.7% per year).
High Growth Earnings: TBA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TBA's revenue (1.1% per year) is forecast to grow slower than the German market (4.9% per year).
High Growth Revenue: TBA's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TBA's Return on Equity is forecast to be low in 3 years time (19.6%).
Next Steps
Past Performance
How has Bukitm performed over the past 5 years?
25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBA has high quality earnings.
Growing Profit Margin: TBA's current net profit margins (19.6%) are lower than last year (26%).
Past Earnings Growth Analysis
Earnings Trend: TBA's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: TBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TBA had negative earnings growth (-27.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-2.6%).
Return on Equity
High ROE: TBA's Return on Equity (24.5%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bukitm's financial position?
Financial Position Analysis
Short Term Liabilities: TBA's short term assets (IDR11,749.3B) exceed its short term liabilities (IDR4,902.8B).
Long Term Liabilities: TBA's short term assets (IDR11,749.3B) exceed its long term liabilities (IDR2,994.1B).
Debt to Equity History and Analysis
Debt Level: TBA's debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: TBA's debt to equity ratio has reduced from 16.8% to 1% over the past 5 years.
Debt Coverage: TBA's debt is well covered by operating cash flow (2850.6%).
Interest Coverage: TBA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: TBA has a high level of physical assets or inventory.
Debt Coverage by Assets: TBA's debt is covered by short term assets (assets are 67x debt).
Next Steps
Dividend
What is Bukitm's current dividend yield, its reliability and sustainability?
13.33%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TBA's dividend (13.33%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: TBA's dividend (13.33%) is in the top 25% of dividend payers in the German market (3.61%)
Stability and Growth of Payments
Stable Dividend: TBA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (86.6%), TBA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TBA's dividends in 3 years are forecast to be covered by earnings (66.1% payout ratio).
Next Steps
Management
What is the CEO of Bukitm's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Arviyan Arifin (55yo)
3.9yrs
Tenure
Mr. Arviyan Arifin has been President Director of PT Bukit Asam Tbk since April 14, 2016. Mr. Arifin earned his Bachelor degree in Industrial Technology in Institut Teknologi Bandung. His prior experience ...
CEO Compensation Analysis
Compensation vs Market: Arviyan's total compensation ($USD249.03M) is above average for companies of similar size in the German market ($USD1.50M).
Compensation vs Earnings: Insufficient data to compare Arviyan's compensation with company performance.
Management Age and Tenure
2.6yrs
Average Tenure
52yo
Average Age
Experienced Management: TBA's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
3.2yrs
Average Tenure
53yo
Average Age
Experienced Board: TBA's board of directors are considered experienced (3.2 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
- Suherman
Corporate Secretary
- Tenure: 2.2yrs
Mega Satria (42yo)
Director of Finance & Director
- Tenure: 1.7yrs
Joko Pramono (50yo)
Director of HR & Director
- Tenure: 3.7yrs
Arviyan Arifin (55yo)
President Director
- Tenure: 3.9yrs
Suryo Hadianto (53yo)
Director of Operation & Production and Director
- Tenure: 3.7yrs
Adib Ubaidillah (51yo)
Director of Commerce & Director
- Tenure: 2yrs
Fuad Iskandar Fachroeddin (53yo)
Director of Business Development & Director
- Tenure: 2.7yrs
Zulfikar Azhar
Senior Manager of Accounting
- Tenure: 0yrs
Biverli Binanga
Senior Manager of Marketing
- Tenure: 0yrs
Board Members
Mega Satria (42yo)
Director of Finance & Director
- Tenure: 1.7yrs
Agus Suhartono (64yo)
President Commissioner
- Tenure: 6.2yrs
Robert Heri (55yo)
Commissioner
- Tenure: 7.6yrs
Joko Pramono (50yo)
Director of HR & Director
- Tenure: 3.7yrs
Arviyan Arifin (55yo)
President Director
- Tenure: 3.9yrs
Suryo Hadianto (53yo)
Director of Operation & Production and Director
- Tenure: 3.7yrs
Adib Ubaidillah (51yo)
Director of Commerce & Director
- Tenure: 2yrs
Fuad Iskandar Fachroeddin (53yo)
Director of Business Development & Director
- Tenure: 2.7yrs
Soenggoel Sitorus (74yo)
Independent Commissioner
- Tenure: 1yrs
Taufik Madjid (48yo)
Commissioner
- Tenure: 1yrs
Company Information
PT Bukit Asam Tbk's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PT Bukit Asam Tbk
- Ticker: TBA
- Exchange: DB
- Founded: 1919
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: Rp28.290t
- Listing Market Cap: Rp1.821b
- Shares outstanding: 11.09b
- Website: https://www.ptba.co.id
Number of Employees
Location
- PT Bukit Asam Tbk
- Jl. Parigi No.1
- Tanjung Enim
- Sumtera Selatan
- 31716
- Indonesia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TBA | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Dec 2002 |
| PTBA | IDX (Indonesia Stock Exchange) | Yes | Series B Shares | ID | IDR | Dec 2002 |
| TBNG.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Apr 2010 |
Biography
PT Bukit Asam Tbk, together with its subsidiaries, engages in the coal mining activities primarily in Indonesia. Its coal mining activities include general surveying, exploration, exploitation, processing, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/10 20:31 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.