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AMFG

PThimas Flat Glass IDX:AMFG Stock Report

Last Price

Rp7.15k

Market Cap

Rp3.1t

7D

8.3%

1Y

58.9%

Updated

12 May, 2022

Data

Company Financials
AMFG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

AMFG Stock Overview

PT Asahimas Flat Glass Tbk manufactures and sells flat glass and automotive glass products in Indonesia.

PThimas Flat Glass Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for PThimas Flat Glass
Historical stock prices
Current Share PriceRp7,150.00
52 Week HighRp7,400.00
52 Week LowRp3,500.00
Beta0.34
1 Month Change17.70%
3 Month Change62.87%
1 Year Change58.89%
3 Year Change55.44%
5 Year Change23.28%
Change since IPO197.92%

Recent News & Updates

Shareholder Returns

AMFGID BuildingID Market
7D8.3%-0.5%-4.5%
1Y58.9%38.5%15.7%

Return vs Industry: AMFG exceeded the ID Building industry which returned 38.5% over the past year.

Return vs Market: AMFG exceeded the ID Market which returned 15.7% over the past year.

Price Volatility

Is AMFG's price volatile compared to industry and market?
AMFG volatility
AMFG Average Weekly Movement6.4%
Building Industry Average Movement6.0%
Market Average Movement6.1%
10% most volatile stocks in ID Market12.1%
10% least volatile stocks in ID Market3.0%

Stable Share Price: AMFG is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AMFG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19712,436Shinichi Minagawahttps://www.amfg.co.id

PT Asahimas Flat Glass Tbk manufactures and sells flat glass and automotive glass products in Indonesia. The Flat Glass segment offers a range of clear and tinted, figured, reflective, coated, and mirror glasses, which are used for glass curtain walls, window glass, and suspended glass in building construction, as well as a raw material for the downstream industry. The Automotive Glass segment provides automotive, tempered, and laminated glasses that are primarily used in the automotive industry.

PThimas Flat Glass Fundamentals Summary

How do PThimas Flat Glass's earnings and revenue compare to its market cap?
AMFG fundamental statistics
Market CapRp3.10t
Earnings (TTM)Rp543.72b
Revenue (TTM)Rp5.05t

5.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMFG income statement (TTM)
RevenueRp5.05t
Cost of RevenueRp3.77t
Gross ProfitRp1.27t
Other ExpensesRp731.26b
EarningsRp543.72b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.25k
Gross Margin25.27%
Net Profit Margin10.77%
Debt/Equity Ratio72.1%

How did AMFG perform over the long term?

See historical performance and comparison

Valuation

Is PThimas Flat Glass undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AMFG (IDR7150) is trading below our estimate of fair value (IDR36593.56)

Significantly Below Fair Value: AMFG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMFG is good value based on its PE Ratio (5.7x) compared to the ID Building industry average (8.5x).

PE vs Market: AMFG is good value based on its PE Ratio (5.7x) compared to the ID market (19.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AMFG's PB Ratio (0.9x) is in line with the ID Building industry average.


Future Growth

How is PThimas Flat Glass 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


14.4%

Forecasted Capital Goods 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 PThimas Flat Glass 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 PThimas Flat Glass performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMFG has high quality earnings.

Growing Profit Margin: AMFG's current net profit margins (10.8%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: AMFG's earnings have grown by 0.4% per year over the past 5 years.

Accelerating Growth: AMFG's earnings growth over the past year (260.3%) exceeds its 5-year average (0.4% per year).

Earnings vs Industry: AMFG earnings growth over the past year (260.3%) exceeded the Building industry 19.5%.


Return on Equity

High ROE: AMFG's Return on Equity (15.5%) is considered low.


Financial Health

How is PThimas Flat Glass's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMFG's short term assets (IDR1,950.9B) exceed its short term liabilities (IDR1,780.7B).

Long Term Liabilities: AMFG's short term assets (IDR1,950.9B) do not cover its long term liabilities (IDR2,064.8B).


Debt to Equity History and Analysis

Debt Level: AMFG's net debt to equity ratio (68.6%) is considered high.

Reducing Debt: AMFG's debt to equity ratio has increased from 22.1% to 72.1% over the past 5 years.

Debt Coverage: AMFG's debt is well covered by operating cash flow (40.4%).

Interest Coverage: AMFG's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Dividend

What is PThimas Flat Glass's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMFG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMFG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMFG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMFG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: AMFG is not paying a notable dividend for the ID market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AMFG has not reported any payouts.


Next Steps

Management

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

8.0yrs

Average management tenure


CEO

Shinichi Minagawa (59 yo)

no data

Tenure

Mr. Shinichi Minagawa serves as President Director at PT Asahimas Flat Glass Tbk since 2019. He completed his education at Hitotsubashi University in 1985. Joined AGC from 1985 until now.Previously worked...


Leadership Team

Experienced Management: AMFG's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: AMFG's board of directors are considered experienced (6.4 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.


Top Shareholders

Company Information

PT Asahimas Flat Glass Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Asahimas Flat Glass Tbk
  • Ticker: AMFG
  • Exchange: IDX
  • Founded: 1971
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: Rp3.103t
  • Shares outstanding: 434.00m
  • Website: https://www.amfg.co.id

Number of Employees


Location

  • PT Asahimas Flat Glass Tbk
  • Jl. Ancol IX/5
  • West Ancol
  • Jakarta Utara
  • Jakarta Raya
  • 14430
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/12 00:00
End of Day Share Price2022/05/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.