PT PP (Persero) Tbk

IDX:PTPP Stock Report

Market Cap: Rp2.5t

PP (Persero) Management

Management criteria checks 1/4

PP (Persero)'s CEO is Novel Arsyad, appointed in Jun 2020, has a tenure of 5.33 years. directly owns 0.001% of the company’s shares, worth IDR24.99M. The average tenure of the management team and the board of directors is 1.8 years and 3.6 years respectively.

Key information

Novel Arsyad

Chief executive officer

Rp8.9b

Total compensation

CEO salary percentagen/a
CEO tenure5.3yrs
CEO ownership0.001%
Management average tenure1.8yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Novel Arsyad's remuneration changed compared to PP (Persero)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

Rp334b

Mar 31 2025n/an/a

Rp380b

Dec 31 2024Rp9bn/a

Rp416b

Sep 30 2024n/an/a

Rp509b

Jun 30 2024n/an/a

Rp532b

Mar 31 2024n/an/a

Rp542b

Dec 31 2023Rp6bRp4b

Rp481b

Sep 30 2023n/an/a

Rp370b

Jun 30 2023n/an/a

Rp281b

Mar 31 2023n/an/a

Rp278b

Dec 31 2022Rp7bn/a

Rp272b

Sep 30 2022n/an/a

Rp278b

Jun 30 2022n/an/a

Rp267b

Mar 31 2022n/an/a

Rp256b

Dec 31 2021Rp4bn/a

Rp266b

Compensation vs Market: Novel's total compensation ($USD536.95K) is above average for companies of similar size in the ID market ($USD106.98K).

Compensation vs Earnings: Novel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Novel Arsyad (58 yo)

5.3yrs
Tenure
Rp8,949,185,941
Compensation

Ir. Novel Arsyad, MM. serves as President Director at PT PP (Persero) Tbk since June 04, 2020. He served as Human Capital and System Development Director and Director of PT Wijaya Karya (Persero) Tbk since...

Leadership Team

NamePositionTenureCompensationOwnership
Novel Arsyad
President Director5.3yrsRp8.95b0.0010%
IDR 25.0m
Agus Purbianto
Director of Finance & Risk Management and Director9.8yrsRp7.62bno data
Yuyus Juarsa
Director of Building Operation & Directorno dataRp6.31bno data
Yul Pramuraharjo
Director of Infrastructure Sector Operation & Director8.8yrsRp7.61bno data
I Gede Negara
Director of Corporate Strategy & HCM and Director1.5yrsRp4.85b0.0055%
IDR 136.1m
Tommy Anwar
Director of Risk Management & Legal and Directorno dataRp4.93bno data
Muhammad Zahid
Senior VP4.3yrsno datano data
Niekke Wardani
Senior VP and Head of Operation & Supply Chain Control Division1.3yrsno datano data
Yusuf Maharani
Senior VP & Head of Strategic Planning1.8yrsno datano data
Fakhrul Ulum
Senior VP & Head of Legal Division1.3yrsno datano data
Adelia Auliyanti
Senior VP & Head of Human Capital Management Division1.3yrsno datano data
Bandung Sasmitoharja
Senior Vice President of OPS INF 2no datano datano data
1.8yrs
Average Tenure
48yo
Average Age

Experienced Management: PTPP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Novel Arsyad
President Director5.3yrsRp8.95b0.0010%
IDR 25.0m
Agus Purbianto
Director of Finance & Risk Management and Director9.5yrsRp7.62bno data
Yuyus Juarsa
Director of Building Operation & Directorno dataRp6.31bno data
Yul Pramuraharjo
Director of Infrastructure Sector Operation & Director5.3yrsRp7.61bno data
I Gede Negara
Director of Corporate Strategy & HCM and Director1.5yrsRp4.85b0.0055%
IDR 136.1m
Tommy Anwar
Director of Risk Management & Legal and Director1.5yrsRp4.93bno data
Pundjung Brata
Independent Commisioner1.8yrsRp2.04bno data
Ernadhi Sudarmanto
Commissioner6.5yrsRp3.60bno data
Hedy Rahadian
Commissioner5.3yrsRp3.60bno data
. Istiono
Independent Commissionerno dataRp3.60bno data
Dhony Rahajoe
Independent President Commissioner1.8yrsRp3.22bno data
Jaya Kesuma
Independent Commissioner1.8yrsRp2.88bno data
3.6yrs
Average Tenure
60yo
Average Age

Experienced Board: PTPP's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 20:56
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PT PP (Persero) Tbk is covered by 23 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan GeeBofA Global Research
Aurelia BarusCGS International
Uraiwan TantisuwannakulCGS International