BST:6CK1

Stock Analysis Report

Executive Summary

PT Wilmar Cahaya Indonesia Tbk. produces and sells vegetable and specialty oils in Indonesia.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

How has Wilmar Cahaya Indonesia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

6CK1

-1.2%

DE Food

1.4%

DE Market


1 Year Return

91.3%

6CK1

-7.1%

DE Food

3.7%

DE Market

Return vs Industry: 6CK1 exceeded the German Food industry which returned -7.1% over the past year.

Return vs Market: 6CK1 exceeded the German Market which returned 3.7% over the past year.


Shareholder returns

6CK1IndustryMarket
7 Day-4.9%-1.2%1.4%
30 Day1.9%-7.5%1.3%
90 Day-5.8%-5.6%3.4%
1 Year106.2%91.3%-5.6%-7.1%7.0%3.7%
3 Year17.7%-4.3%-22.8%-27.6%18.5%8.3%
5 Year143.3%97.8%32.8%21.2%42.2%22.9%

Price Volatility Vs. Market

How volatile is Wilmar Cahaya Indonesia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wilmar Cahaya Indonesia undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 6CK1 (€0.09) is trading below our estimate of fair value (€2.29)

Significantly Undervalued: 6CK1 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6CK1 is good value based on its PE Ratio (5.8x) compared to the Food industry average (22x).

PE vs Market: 6CK1 is good value based on its PE Ratio (5.8x) compared to the German market (19.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 6CK1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6CK1 is good value based on its PB Ratio (0.9x) compared to the DE Food industry average (1.8x).


Next Steps

Future Growth

How is Wilmar Cahaya Indonesia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6CK1's earnings are forecast to decline over the next 3 years (-2.2% per year).

Earnings vs Market: 6CK1's earnings are forecast to decline over the next 3 years (-2.2% per year).

High Growth Earnings: 6CK1's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 6CK1's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 6CK1's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 6CK1's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wilmar Cahaya Indonesia performed over the past 5 years?

11.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 6CK1's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: 6CK1's earnings growth over the past year (76.1%) exceeds its 5-year average (11.8% per year).

Earnings vs Industry: 6CK1 earnings growth over the past year (76.1%) exceeded the Food industry 14.4%.


Return on Equity

High ROE: 6CK1's Return on Equity (16.2%) is considered low.


Return on Assets

ROA vs Industry: 6CK1 has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: 6CK1's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Wilmar Cahaya Indonesia's financial position?


Financial Position Analysis

Short Term Liabilities: 6CK1's short term assets (IDR860.7B) exceeds its short term liabilities (IDR181.4B)

Long Term Liabilities: 6CK1's short term assets (860.7B) exceeds its long term liabilities (33.6B)


Debt to Equity History and Analysis

Debt Level: 6CK1 is debt free.

Reducing Debt: 6CK1 has no debt compared to 5 years ago when its debt to equity ratio was 121.6%.

Debt Coverage: 6CK1 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6CK1 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 6CK1 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 6CK1's debt is covered by short term assets.


Next Steps

Dividend

What is Wilmar Cahaya Indonesia's current dividend yield, its reliability and sustainability?

2.85%

Current Dividend Yield


Dividend Yield vs Market

company2.8%marketbottom25%1.5%markettop25%3.8%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 6CK1's dividend (2.85%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: 6CK1's dividend (2.85%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: 6CK1's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6CK1's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.4%), 6CK1's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Wilmar Cahaya Indonesia's salary, the management and board of directors tenure and is there insider trading?

9.2yrs

Average board tenure


CEO

Erry Tjuatja (56yo)

0yrs

Tenure

0

Ms. Erry Tjuatja serves as the President Director at PT Wilmar Cahaya Indonesia Tbk. Appointed as the Company’s President Director at the AGMS in May 2017 as stated in Deed No. 10, dated May 19th, 2017, by ...


Board Age and Tenure

9.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 6CK1's board of directors are considered experienced (9.2 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


Management Team

  • Tonny Muksim (54yo)

    Operation Director & Director

    • Tenure: 14.3yrs
  • Emmanuel Iriyadi (53yo)

    Corporate Secretary

    • Tenure: 0yrs
  • Erry Tjuatja (56yo)

    President Director

    • Tenure: 0yrs
  • Hairuddin Halim (58yo)

    Sales & Marketing Director and Director

    • Tenure: 2.4yrs
  • Wimpie Panjaitan

    Finance Manager

    • Tenure: 0yrs
  • - Handali

    Accounting Manager

    • Tenure: 0yrs
  • Hariadi Lius

    Head of Internal Audit

    • Tenure: 0yrs

Board Members

  • Hendri Saksti (53yo)

    President Commissioner

    • Tenure: 12.3yrs
  • Tonny Muksim (54yo)

    Operation Director & Director

    • Tenure: 14.3yrs
  • Erik Tjia (56yo)

    Commissioner

    • Tenure: 2.4yrs
  • Hendardji Soepandji (67yo)

    Independent Commissioner

    • Tenure: 9.2yrs
  • - Johannes (48yo)

    Independent Director

    • Tenure: 0yrs
  • Erry Tjuatja (56yo)

    President Director

    • Tenure: 0yrs
  • Hairuddin Halim (58yo)

    Sales & Marketing Director and Director

    • Tenure: 2.4yrs

Company Information

PT Wilmar Cahaya Indonesia Tbk.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Wilmar Cahaya Indonesia Tbk.
  • Ticker: 6CK1
  • Exchange: BST
  • Founded: 1968
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: Rp940.100b
  • Listing Market Cap: Rp59.730m
  • Shares outstanding: 595.00m
  • Website: https://www.wilmarcahayaindonesia.com

Number of Employees


Location

  • PT Wilmar Cahaya Indonesia Tbk.
  • Jl. Industri Selatan 3 Blok GG No. 1
  • Kawasan Industri Jababeka
  • Bekasi
  • Jawa Barat
  • 17550
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CEKAIDX (Indonesia Stock Exchange)YesCommon SharesIDIDRJul 1996
6CK1BST (Boerse-Stuttgart)YesCommon SharesDEEURJul 1996

Biography

PT Wilmar Cahaya Indonesia Tbk. produces and sells vegetable and specialty oils in Indonesia. It offers specialty fats, including cocoa butter substitutes, cocoa butter replacers, cocoa butter equivalents, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:23
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.