Kirana Megatara (IDX:KMTR) - Share price, News & Analysis

KMTR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

KMTR Stock Overview

PT Kirana Megatara Tbk, together with its subsidiaries, produces and sells crumb rubber in Indonesia.

Risk Analysis

Earnings have declined by 30.7% per year over past 5 years

Debt is not well covered by operating cash flow

Dividend of 4.26% is not well covered by earnings or forecast to be in the next 3 years

Profit margins (0.8%) are lower than last year (3.4%)

Kirana Megatara Competitors

ITOCHU

TSE:8001

JP¥5.4t

China Hainan Rubber Industry Group

SHSE:601118

CN¥19.6b

Sri Trang Agro-Industry

SET:STA

฿36.2b

Halcyon Agri

SGX:5VJ

S$350.9m

Price History & Performance

Summary of all time highs, changes and price drops for Kirana Megatara
Historical stock prices
Current Share Price	Rp282.00
52 Week High	Rp450.00
52 Week Low	Rp268.00
Beta	0.71
1 Month Change	-3.43%
3 Month Change	0%
1 Year Change	-33.49%
3 Year Change	-9.62%
5 Year Change	n/a
Change since IPO	-58.83%

Shareholder Returns

	KMTR	ID Auto Components	ID Market
7D	-1.4%	-0.7%	2.2%
1Y	-33.5%	12.2%	17.3%

Return vs Industry: KMTR underperformed the ID Auto Components industry which returned 12.2% over the past year.

Return vs Market: KMTR underperformed the ID Market which returned 17.3% over the past year.

Price Volatility

Is KMTR's price volatile compared to industry and market?
KMTR volatility
KMTR Average Weekly Movement	4.0%
Auto Components Industry Average Movement	4.8%
Market Average Movement	6.2%
10% most volatile stocks in ID Market	12.0%
10% least volatile stocks in ID Market	2.9%

Stable Share Price: KMTR is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KMTR's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1964	5,326	Martinus Sinarya	https://www.kiranamegatara.com

PT Kirana Megatara Tbk, together with its subsidiaries, produces and sells crumb rubber in Indonesia. The company’s products portfolio includes SIR 10, SIR 20, and SIR 20 CV type of crumb rubber. Its SIR products are exported to tire manufacturers worldwide.

Kirana Megatara Fundamentals Summary

How do Kirana Megatara's earnings and revenue compare to its market cap?
KMTR fundamental statistics
Market Cap	Rp2.32t
Earnings (TTM)	Rp95.51b
Revenue (TTM)	Rp12.27t

24.3x

P/E Ratio

0.2x

P/S Ratio

Is KMTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KMTR income statement (TTM)
Revenue	Rp12.27t
Cost of Revenue	Rp11.64t
Gross Profit	Rp621.66b
Other Expenses	Rp526.15b
Earnings	Rp95.51b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	11.63
Gross Margin	5.07%
Net Profit Margin	0.78%
Debt/Equity Ratio	179.6%

How did KMTR perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

103%

Payout Ratio

Valuation

Is Kirana Megatara undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

24.26x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: KMTR (IDR282) is trading above our estimate of fair value (IDR76.02)

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

Price To Earnings Ratio

PE vs Industry: KMTR is poor value based on its Price-To-Earnings Ratio (24.3x) compared to the ID Auto Components industry average (12.3x).

PE vs Market: KMTR is poor value based on its Price-To-Earnings Ratio (24.3x) compared to the ID market (18.3x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: KMTR is overvalued based on its Price-To-Book Ratio (1.2x) compared to the ID Auto Components industry average (0.8x).

Future Growth

How is Kirana Megatara forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

24.1%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kirana Megatara has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Kirana Megatara performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-30.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KMTR has high quality earnings.

Growing Profit Margin: KMTR's current net profit margins (0.8%) are lower than last year (3.4%).

Past Earnings Growth Analysis

Earnings Trend: KMTR's earnings have declined by 30.7% per year over the past 5 years.

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

Earnings vs Industry: KMTR had negative earnings growth (-70.4%) over the past year, making it difficult to compare to the Auto Components industry average (75.4%).

Return on Equity

High ROE: KMTR's Return on Equity (4.6%) is considered low.

Financial Health

How is Kirana Megatara's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: KMTR's short term assets (IDR4,453.6B) exceed its short term liabilities (IDR210.8B).

Long Term Liabilities: KMTR's short term assets (IDR4,453.6B) exceed its long term liabilities (IDR3,790.9B).

Debt to Equity History and Analysis

Debt Level: KMTR's net debt to equity ratio (153.9%) is considered high.

Reducing Debt: KMTR's debt to equity ratio has reduced from 239.5% to 179.6% over the past 5 years.

Debt Coverage: KMTR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: KMTR's interest payments on its debt are well covered by EBIT (3.3x coverage).

Balance Sheet

Dividend

What is Kirana Megatara current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

4.26%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KMTR's dividend (4.26%) is higher than the bottom 25% of dividend payers in the ID market (1.14%).

High Dividend: KMTR's dividend (4.26%) is in the top 25% of dividend payers in the ID market (4.14%)

Stability and Growth of Payments

Stable Dividend: KMTR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: KMTR has only been paying a dividend for 5 years, and since then payments have fallen.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (103.4%), KMTR's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: KMTR is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

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

10.3yrs

Average management tenure

CEO

Martinus Sinarya (59 yo)

no data

Tenure

Mr. Martinus Subandi Sinarya is the President Director of PT Kirana Megatara Tbk since January 25, 2010. Mr. Sinarya was President Director of PT Adis Dimension Footwear from 2001 to 2007, President Direct...

Leadership Team

Experienced Management: KMTR's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Experienced Board: KMTR's board of directors are considered experienced (4.7 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31