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Charoen Pokphand Indonesia

DB:0CP1
Snowflake Description

Outstanding track record with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0CP1
DB
IDR86,090B
Market Cap
  1. Home
  2. DE
  3. Food, Beverage & Tobacco
Company description

PT Charoen Pokphand Indonesia Tbk produces and sells poultry feed, day old chicks (DOC), processed chicken, and other food products in Indonesia. The last earnings update was 79 days ago. More info.


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0CP1 Share Price and Events
7 Day Returns
-3.2%
DB:0CP1
-6.4%
DE Food
-0.6%
DE Market
1 Year Returns
50.2%
DB:0CP1
-0.9%
DE Food
-8.3%
DE Market
0CP1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Charoen Pokphand Indonesia (0CP1) -3.2% 23.9% -11.6% 50.2% 32.1% 44.9%
DE Food -6.4% -1.2% 7.1% -0.9% -16.6% 15.9%
DE Market -0.6% 1.8% -3.2% -8.3% 8.9% 10.6%
1 Year Return vs Industry and Market
  • 0CP1 outperformed the Food industry which returned -0.9% over the past year.
  • 0CP1 outperformed the Market in Germany which returned -8.3% over the past year.
Price Volatility
0CP1
Industry
5yr Volatility vs Market
Related Companies

0CP1 Value

 Is Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia.

DB:0CP1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
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:0CP1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Food Unlevered Beta Simply Wall St/ S&P Global 0.56
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.564 (1 + (1- 25%) (5%))
0.722
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:0CP1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Charoen Pokphand Indonesia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:0CP1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (IDR, Millions) Source Present Value
Discounted (@ 5%)
2020 2,853,666.67 Analyst x3 2,717,881.32
2021 3,266,333.33 Analyst x3 2,962,886.36
2022 2,948,653.27 Analyst x1 2,547,448.68
2023 2,739,520.85 Est @ -7.09% 2,254,154.05
2024 2,605,384.85 Est @ -4.9% 2,041,776.08
2025 2,517,869.16 Est @ -3.36% 1,879,302.24
2026 2,460,388.17 Est @ -2.28% 1,749,018.29
2027 2,422,752.95 Est @ -1.53% 1,640,314.40
2028 2,398,468.44 Est @ -1% 1,546,604.33
2029 2,383,280.23 Est @ -0.63% 1,463,684.82
Present value of next 10 years cash flows IDR20,803,070.58
DB:0CP1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= IDR2,383,280.23 × (1 + 0.23%) ÷ (5% – 0.23%)
IDR50,098,869.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= IDR50,098,869.79 ÷ (1 + 5%)10
IDR30,768,079.31
DB:0CP1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= IDR20,803,070.58 + IDR30,768,079.31
IDR51,571,149.89
Equity Value per Share
(IDR)
= Total value / Shares Outstanding
= IDR51,571,149.89 / 16,398.00
IDR3144.97
DB:0CP1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0CP1 represents 6.0E-5x of IDX:CPIN
(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 3,144.97 x 6.0E-5
€0.20
Value per share (EUR) From above. €0.20
Current discount Discount to share price of €0.33
= -1 x (€0.33 - €0.20) / €0.20
-66.9%

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

  • The current share price of Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Charoen Pokphand Indonesia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0CP1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in IDR IDR266.72
IDX:CPIN Share Price ** IDX (2019-07-18) in IDR IDR5250
Germany Food Industry PE Ratio Median Figure of 5 Publicly-Listed Food Companies 20.11x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.71x

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

** Primary Listing of Charoen Pokphand Indonesia.

DB:0CP1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 5250 ÷ 266.72

19.68x

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

  • Charoen Pokphand Indonesia is good value based on earnings compared to the DE Food industry average.
  • Charoen Pokphand Indonesia is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Charoen Pokphand Indonesia's expected growth come at a high price?
Raw Data
DB:0CP1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
2.6%per year
Europe Food Industry PEG Ratio Median Figure of 67 Publicly-Listed Food Companies 1.67x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

DB:0CP1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.68x ÷ 2.6%

7.44x

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

  • Charoen Pokphand Indonesia is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Charoen Pokphand Indonesia's assets?
Raw Data
DB:0CP1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in IDR IDR1,231.08
IDX:CPIN Share Price * IDX (2019-07-18) in IDR IDR5250
Germany Food Industry PB Ratio Median Figure of 7 Publicly-Listed Food Companies 2.05x
Germany Market PB Ratio Median Figure of 569 Publicly-Listed Companies 1.75x
DB:0CP1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5250 ÷ 1,231.08

4.26x

* Primary Listing of Charoen Pokphand Indonesia.

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

  • Charoen Pokphand Indonesia is overvalued based on assets compared to the DE Food industry average.
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Value checks
We assess Charoen Pokphand Indonesia'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 Food 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 Food industry average (and greater than 0)? (1 check)
  5. Charoen Pokphand Indonesia has a total score of 2/6, 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.

0CP1 Future Performance

 How is Charoen Pokphand Indonesia expected to perform in the next 1 to 3 years based on estimates from 11 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
2.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Charoen Pokphand Indonesia expected to grow at an attractive rate?
  • Charoen Pokphand Indonesia's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Charoen Pokphand Indonesia's earnings growth is positive but not above the Germany market average.
  • Charoen Pokphand Indonesia's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0CP1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0CP1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 2.6%
DB:0CP1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 7.5%
Germany Food Industry Earnings Growth Rate Market Cap Weighted Average 36.6%
Europe Food Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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:0CP1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0CP1 Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 66,570,667 4,344,735 1
2021-12-31 68,154,318 5,026,000 4,213,749 9
2020-12-31 62,436,121 4,540,556 4,106,156 11
2019-12-31 57,332,672 3,924,000 3,905,235 11
DB:0CP1 Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-03-31 56,557,753 3,751,863 4,373,738
2018-12-31 53,957,604 5,035,954 4,554,391
2018-09-30 51,273,102 4,561,444 4,034,623
2018-06-30 50,043,266 3,935,015 3,406,290
2018-03-31 49,208,924 3,008,149 2,867,379
2017-12-31 49,367,386 1,767,596 2,500,853
2017-09-30 47,601,884 3,271,576 1,660,204
2017-06-30 44,333,471 3,935,658 2,012,309
2017-03-31 41,262,086 3,708,498 2,083,788
2016-12-31 38,256,857 4,157,137 2,220,561
2016-09-30 35,538,969 2,748,507 3,081,685
2016-06-30 33,526,685 2,753,473 2,609,539

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Charoen Pokphand Indonesia's earnings are expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
  • Charoen Pokphand Indonesia's revenue is expected to grow by 7.5% 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:0CP1 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 11 Analyst Estimates (S&P Global) See Below

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

DB:0CP1 Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 264.96 264.96 264.96 1.00
2021-12-31 256.87 315.30 216.25 8.00
2020-12-31 250.34 311.00 205.72 10.00
2019-12-31 238.12 280.00 196.40 9.00
DB:0CP1 Past Financials Data
Date (Data in IDR Millions) EPS *
2019-03-31 266.72
2018-12-31 277.74
2018-09-30 246.04
2018-06-30 207.73
2018-03-31 174.86
2017-12-31 152.51
2017-09-30 101.24
2017-06-30 122.72
2017-03-31 127.08
2016-12-31 135.42
2016-09-30 187.93
2016-06-30 159.14

*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.
  • Charoen Pokphand Indonesia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Charoen Pokphand Indonesia'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 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.
Charoen Pokphand Indonesia 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.

0CP1 Past Performance

  How has Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia's growth in the last year to its industry (Food).
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.
  • Charoen Pokphand Indonesia's year on year earnings growth rate has been positive over the past 5 years.
  • Charoen Pokphand Indonesia's 1-year earnings growth exceeds its 5-year average (52.5% vs 17.2%)
  • Charoen Pokphand Indonesia's earnings growth has exceeded the DE Food industry average in the past year (52.5% vs 11.3%).
Earnings and Revenue History
Charoen Pokphand Indonesia'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 Charoen Pokphand Indonesia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0CP1 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 56,557,753.00 4,373,738.00 2,753,962.00
2018-12-31 53,957,604.00 4,554,391.00 2,683,540.00
2018-09-30 51,273,102.00 4,034,623.00 2,729,100.00
2018-06-30 50,043,266.00 3,406,290.00 2,645,753.00
2018-03-31 49,208,924.00 2,867,379.00 2,581,113.00
2017-12-31 49,367,386.00 2,500,853.00 2,547,506.00
2017-09-30 47,601,884.00 1,660,204.00 2,348,007.00
2017-06-30 44,333,471.00 2,012,309.00 2,244,874.00
2017-03-31 41,262,086.00 2,083,788.00 2,115,814.00
2016-12-31 38,256,857.00 2,220,561.00 2,010,320.00
2016-09-30 35,538,969.00 3,081,685.00 1,950,983.00
2016-06-30 33,526,685.00 2,609,539.00 1,854,202.00
2016-03-31 31,395,626.00 2,168,924.00 1,782,250.00
2015-12-31 29,920,628.00 1,836,978.00 1,713,827.00
2015-09-30 29,882,872.00 1,283,530.00 1,657,465.00
2015-06-30 29,979,326.00 1,453,894.00 1,619,233.00
2015-03-31 29,964,092.00 1,514,908.00 1,555,217.00
2014-12-31 29,150,275.00 1,745,875.00 1,485,170.00
2014-09-30 28,762,000.00 2,034,688.00 1,431,979.00
2014-06-30 28,103,543.00 2,251,480.00 1,361,240.00
2014-03-31 26,736,838.00 2,474,631.00 1,287,056.00
2013-12-31 25,662,992.00 2,530,909.00 1,226,864.00
2013-09-30 24,084,067.00 2,427,492.00 1,161,480.00
2013-06-30 23,055,057.00 2,525,241.00 1,118,992.00
2013-03-31 22,062,565.00 2,618,009.00 1,097,146.00
2012-12-31 21,310,925.00 2,684,064.00 1,074,399.00
2012-09-30 20,260,498.00 2,890,373.00 1,042,908.00

*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.
  • Charoen Pokphand Indonesia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Charoen Pokphand Indonesia used its assets more efficiently than the DE Food industry average last year based on Return on Assets.
  • Charoen Pokphand Indonesia has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Charoen Pokphand Indonesia'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 Food 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.
Charoen Pokphand Indonesia has a total score of 6/6, 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.

0CP1 Health

 How is Charoen Pokphand Indonesia'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 Charoen Pokphand Indonesia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Charoen Pokphand Indonesia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Charoen Pokphand Indonesia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Charoen Pokphand Indonesia'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.3x 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 Charoen Pokphand Indonesia Company Filings, last reported 3 months ago.

DB:0CP1 Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 20,203,453.00 4,300,983.00 2,349,189.00
2018-12-31 19,391,174.00 4,449,829.00 2,951,140.00
2018-09-30 18,239,205.00 4,436,113.00 2,843,558.00
2018-06-30 17,210,606.00 5,373,278.00 3,183,912.00
2018-03-31 16,698,149.00 5,587,619.00 2,992,616.00
2017-12-31 15,710,129.00 5,885,947.00 1,934,716.00
2017-09-30 15,177,380.00 5,988,839.00 1,993,840.00
2017-06-30 14,764,747.00 6,291,743.00 2,162,966.00
2017-03-31 14,782,932.00 5,912,690.00 2,051,253.00
2016-12-31 14,157,243.00 6,609,901.00 2,679,027.00
2016-09-30 14,604,555.00 7,271,154.00 1,912,450.00
2016-06-30 13,831,128.00 7,497,100.00 2,154,193.00
2016-03-31 13,326,210.00 7,535,805.00 1,472,072.00
2015-12-31 12,786,663.00 8,263,962.00 1,885,484.00
2015-09-30 11,959,141.00 8,585,344.00 1,683,378.00
2015-06-30 11,668,914.00 8,491,431.00 1,499,132.00
2015-03-31 11,436,113.00 8,208,780.00 1,004,255.00
2014-12-31 11,005,218.00 6,596,849.00 1,147,287.00
2014-09-30 10,909,367.00 5,232,560.00 766,268.00
2014-06-30 10,447,347.00 4,040,452.00 827,545.00
2014-03-31 10,612,018.00 2,892,984.00 760,363.00
2013-12-31 9,950,900.00 2,890,087.00 1,146,852.00
2013-09-30 9,628,785.00 2,237,467.00 1,011,909.00
2013-06-30 8,951,728.00 2,070,592.00 1,271,142.00
2013-03-31 8,894,013.00 1,982,989.00 1,212,777.00
2012-12-31 8,176,464.00 1,936,776.00 954,694.00
2012-09-30 7,961,756.00 1,464,397.00 1,009,036.00
  • Charoen Pokphand Indonesia's level of debt (21.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (27.4% vs 21.3% today).
  • Debt is well covered by operating cash flow (87.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.9x coverage).
X
Financial health checks
We assess Charoen Pokphand Indonesia'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. Charoen Pokphand Indonesia has a total score of 6/6, 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.

0CP1 Dividends

 What is Charoen Pokphand Indonesia'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
1.07%
Current annual income from Charoen Pokphand Indonesia dividends. Estimated to be 1.86% next year.
If you bought €2,000 of Charoen Pokphand Indonesia shares you are expected to receive €21 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?
  • Charoen Pokphand Indonesia's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Charoen Pokphand Indonesia's dividend is below the markets top 25% of dividend payers in Germany (3.85%).
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:0CP1 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 11 Analyst Estimates (S&P Global) See Below
Germany Food Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
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.

DB:0CP1 Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 105.98 1.00
2021-12-31 95.77 9.00
2020-12-31 100.62 10.00
2019-12-31 94.89 10.00
DB:0CP1 Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-07-31 56.000 0.980
2018-03-29 56.000 1.513
2017-07-31 56.000 1.802
2017-03-31 56.000 1.780
2016-03-29 29.000 0.837
2015-07-31 18.000 0.694
2015-03-31 18.000 0.597
2014-10-31 46.000 1.200
2014-07-25 46.000 1.146
2014-03-26 46.000 1.171
2013-10-31 46.000 1.219
2013-07-31 46.000 1.274
2013-03-28 46.000 0.963
2012-10-31 42.000 1.126
2012-07-31 42.000 1.433
2012-03-30 42.000 1.480
2011-07-29 64.800 2.568
2011-03-11 64.800 3.257
2010-10-29 10.000 0.589
2010-10-15 10.000 0.615
2010-07-30 10.000 0.784
2010-03-09 39.200 6.559
2008-10-31 0.000 0.000

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

  • Charoen Pokphand Indonesia has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Charoen Pokphand Indonesia only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Charoen Pokphand Indonesia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Charoen Pokphand Indonesia'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 Charoen Pokphand Indonesia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Charoen Pokphand Indonesia has a total score of 2/6, see the detailed checks below.


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

0CP1 Management

 What is the CEO of Charoen Pokphand Indonesia'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
Tjiu Effendy
AGE 61
TENURE AS CEO 3.1 years
CEO Bio

Mr. Tjiu Thomas Effendy has been the President Director at PT Charoen Pokphand Indonesia Tbk since June 15, 2016. Mr. Effendy served as the President Director of PT Charoen Pokphand Indonesia Tbk since November 27, 2008. Mr. Effendy served as Vice President Director at PT Bisi International Tbk since 2006. He has been a Director of Charoen Pokphand Indonesia PT since 2003. He has been a Commissioner of PT Bisi International Tbk since 2009 and serves as its President Commissioner since June 07, 2016. He served as Vice President Commissioner of PT Charoen Pokphand Indonesia Tbk since May 15, 2013 and also served as its Commissioner. He served as a Commissioner at Central Proteinaprima. Mr. Effendy served as a Director of PT Bisi International Tbk. He holds an MBA from the University of City Manila Phillippines in 1994.

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

Average tenure and age of the Charoen Pokphand Indonesia management team in years:

10.2
Average Tenure
61
Average Age
  • The average tenure for the Charoen Pokphand Indonesia management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tjiu Effendy

TITLE
President Director
AGE
61
TENURE
3.1 yrs

T. Felix Tangidy

TITLE
Head of Internal Audit Unit
AGE
62
TENURE
10.2 yrs

Hadijanto Kartika

TITLE
Corporate Secretary
AGE
48
TENURE
16.6 yrs
Board of Directors Tenure

Average tenure and age of the Charoen Pokphand Indonesia board of directors in years:

10.7
Average Tenure
61
Average Age
  • The average tenure for the Charoen Pokphand Indonesia board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Peraphon Prayooravong

TITLE
Vice President Director
AGE
66
TENURE
10.7 yrs

Tjiu Effendy

TITLE
President Director
AGE
61
TENURE
3.1 yrs

Hadi Tjoe

TITLE
President Commissioner
AGE
68
TENURE
10.7 yrs

Suparman Sastrodimedjo

TITLE
Independent Commisioner
AGE
73
TENURE
9.2 yrs

Rusmin Ryadi

TITLE
Vice President Commissioner
AGE
71
TENURE
3.1 yrs

Eddy Mansjoer

TITLE
Director
AGE
43
TENURE
12.1 yrs

Jemmy Wijaya

TITLE
Director
AGE
43
TENURE
12.1 yrs

Ong Mei Sian

TITLE
Director
AGE
57
TENURE
10.7 yrs

Ferdiansyah Tjoe

TITLE
Director
AGE
39
TENURE
9.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Charoen Pokphand Indonesia'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. Charoen Pokphand Indonesia 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.

0CP1 News

Simply Wall St News

0CP1 Company Info

Description

PT Charoen Pokphand Indonesia Tbk produces and sells poultry feed, day old chicks (DOC), processed chicken, and other food products in Indonesia. The company offers broiler and layer poultry feed; and various poultry feed products for parent stock, duck, native chicken, fighting cock, and quail, as well as feed for cattle and swine under the HI-PRO, HI-PRO-VITE, BINTANG, BONAVITE, ROYAL FEED, TURBO FEED, and TIJI brands. It also provides various types of DOC, such as broiler DOC; layer DOC; and other DOC, such as DOC for parent stock and male layer. In addition, the company sells various food products under the Golden Fiesta, Fiesta, Champ, and Okey brands. Further, it is involved in poultry farming and beverage activities; the trade of processed chicken; the production of plastic packaging products; the production and distribution of chicken feather meal; and the operation of restaurants and convenience stores. The company was formerly known as PT Charoen Pokphand Indonesia Animal Feedmill Co. Limited. PT Charoen Pokphand Indonesia Tbk was founded in 1972 and is headquartered in Jakarta, Indonesia. PT Charoen Pokphand Indonesia Tbk is a subsidiary of PT Charoen Pokphand Indonesia Group.

Details
Name: PT Charoen Pokphand Indonesia Tbk
0CP1
Exchange: DB
Founded: 1972
IDR5,494,628,258
16,398,000,000
Website: http://www.cp.co.id
Address: PT Charoen Pokphand Indonesia Tbk
Jalan Ancol VIII No.1,
Jakarta,
14430,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX CPIN Share Capital Indonesia Stock Exchange ID IDR 02. Jan 1992
DB 0CP1 Share Capital Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
6,605
Charoen Pokphand Indonesia employees.
Industry
Agricultural Products
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 21:27
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/17
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.