DB:AKTA

Stock Analysis Report

Executive Summary

PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia and internationally.


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Aneka Tambang's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AKTA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.6%

AKTA

-8.6%

DE Metals and Mining

-0.9%

DE Market


1 Year Return

-30.9%

AKTA

-22.0%

DE Metals and Mining

12.8%

DE Market

Return vs Industry: AKTA underperformed the German Metals and Mining industry which returned -21.4% over the past year.

Return vs Market: AKTA underperformed the German Market which returned 13.7% over the past year.


Shareholder returns

AKTAIndustryMarket
7 Day5.6%-8.6%-0.9%
30 Day-9.5%-10.8%-0.2%
90 Day-10.6%-11.3%3.0%
1 Year-29.5%-30.9%-21.2%-22.0%16.3%12.8%
3 Year-22.3%-24.0%-48.5%-50.0%15.8%5.7%
5 Year-28.8%-41.5%-45.5%-48.3%19.8%3.4%

Price Volatility Vs. Market

How volatile is Aneka Tambang's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Aneka Tambang undervalued compared to its fair value and its price relative to the market?

20.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AKTA (€0.04) is trading above our estimate of fair value (€0.01)

Significantly Below Fair Value: AKTA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AKTA is poor value based on its PE Ratio (20.9x) compared to the Metals and Mining industry average (9.3x).

PE vs Market: AKTA is poor value based on its PE Ratio (20.9x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: AKTA is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: AKTA is good value based on its PB Ratio (0.8x) compared to the DE Metals and Mining industry average (4.1x).


Next Steps

Future Growth

How is Aneka Tambang forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

21.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKTA's forecast earnings growth (21.1% per year) is above the savings rate (-0.4%).

Earnings vs Market: AKTA's earnings (21.1% per year) are forecast to grow faster than the German market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AKTA's revenue (12.8% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: AKTA's revenue (12.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AKTA's Return on Equity is forecast to be low in 3 years time (6.5%).


Next Steps

Past Performance

How has Aneka Tambang performed over the past 5 years?

63.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKTA has a large one-off gain of IDR501.8B impacting its September 30 2019 financial results.

Growing Profit Margin: AKTA's current net profit margins (2.7%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: AKTA has become profitable over the past 5 years, growing earnings by 63.3% per year.

Accelerating Growth: AKTA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AKTA had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-8.6%).


Return on Equity

High ROE: AKTA's Return on Equity (4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Aneka Tambang's financial position?


Financial Position Analysis

Short Term Liabilities: AKTA's short term assets (IDR8,254.1B) exceed its short term liabilities (IDR5,679.8B).

Long Term Liabilities: AKTA's short term assets (IDR8,254.1B) exceed its long term liabilities (IDR7,027.4B).


Debt to Equity History and Analysis

Debt Level: AKTA's debt to equity ratio (51.3%) is considered high.

Reducing Debt: AKTA's debt to equity ratio has reduced from 68.9% to 51.3% over the past 5 years.

Debt Coverage: AKTA's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: AKTA's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet

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

Debt Coverage by Assets: AKTA's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

What is Aneka Tambang's current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%1.3%markettop25%3.6%industryaverage6.5%forecastin3Years1.7%

Current dividend yield vs market & industry

Notable Dividend: AKTA's dividend (1.82%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: AKTA's dividend (1.82%) is low compared to the top 25% of dividend payers in the German market (3.65%).


Stability and Growth of Payments

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

Growing Dividend: AKTA's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.1%), AKTA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AKTA's dividends in 3 years are forecast to be well covered by earnings (25.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Dana Amin (48yo)

0.2yrs

Tenure

0

Mr. Dana Amin serves as President Director at PT Aneka Tambang Tbk since December 19, 2019. He served as Operations Director at PT. Pelabuhan Indonesia II since February 2012. Mr. Amin served as Port Devel ...


Leadership Team

NamePositionTenureCompensationOwnership
Dana Amin
President Director0.2yrsno datano data
Anton Herdianto
Director of Finance & Director0.2yrsno datano data
- Hartono
Director of Operation & Production and Director0.8yrsno data0.000050% IDR560.0
Kunto Hendrapawoko
Senior VP & Corporate Secretary5.1yrsno datano data
Evi Susman
Vice President of Accounting3.1yrsno datano data
Muhammad Zakri
Vice President of Information & Communication Technology0yrsno datano data
Rusdi Irwanto
Vice President of Legal and Compliance2.1yrsno datano data
Luki Suardi
Director of Human Resources & Director0.8yrsno datano data
Bimo Satriyo
Senior Vice President of Supply Chain Management13.1yrsno datano data
Yudi Nurhadi
Senior Vice President of Subsidiary & Project Management0yrsno datano data

1.6yrs

Average Tenure

48.5yo

Average Age

Experienced Management: AKTA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Dana Amin
President Director0.2yrsno datano data
Anton Herdianto
Director of Finance & Director0.2yrsno datano data
- Hartono
Director of Operation & Production and Director0.8yrsno data0.000050% IDR560.0
Luki Suardi
Director of Human Resources & Director0.8yrsno datano data
Aprilandi Setia
Director of Commerce & Director0.8yrsno data0.00013% IDR1.5k
- Risono
Director of Business Development & Director0.2yrsno datano data
- Zaelani
Commissioner2.8yrsRp1.28bno data
Gumilar Somantri
Independent Commissioner2.8yrsRp1.28bno data
Anang Kusuwardono
Independent Commissioner2.8yrsRp1.28bno data
Agus Bakti
President Commissioner0.2yrsno datano data

0.8yrs

Average Tenure

50yo

Average Age

Experienced Board: AKTA's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

Company Information

PT Aneka Tambang Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Aneka Tambang Tbk
  • Ticker: AKTA
  • Exchange: DB
  • Founded: 1968
  • Industry: Gold
  • Sector: Materials
  • Market Cap: Rp16.822t
  • Listing Market Cap: Rp1.120b
  • Shares outstanding: 24.03b
  • Website: https://www.antam.com

Number of Employees


Location

  • PT Aneka Tambang Tbk
  • Gedung Aneka Tambang
  • Jl. Letjen T.B. Simatupang No. 1
  • Jakarta
  • 12530
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANTMIDX (Indonesia Stock Exchange)YesSeries B Common SharesIDIDRNov 1997
AKTADB (Deutsche Boerse AG)YesSeries B Common SharesDEEURNov 1997
ATMASX (Australian Securities Exchange)CDI IDR500 (5:1)AUAUDSep 1999
PAEK.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDFeb 2011

Biography

PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia and internationally. The company operates through three segments: Nickel, Precious Metals and Refinery, and Bauxite and Alumina. The company is involved in the exploration, excavation, processing, and marketing of nickel ore, ferronickel, gold, silver, bauxite, and coal. It also engages in the construction, trading, industry, agriculture, printing, and ground transportation businesses; manufacture and sale of stainless steel; and provision of industrial area management services. The company also exports its products. PT Aneka Tambang Tbk was founded in 1968 and is headquartered in Jakarta, Indonesia. PT Aneka Tambang Tbk is a subsidiary of PT Indonesia Asahan Aluminium (Persero). 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 22:33
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.