Announcement • Apr 23
PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, May 29, 2026 PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, May 29, 2026. Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: Rp51.29 (vs Rp34.73 in FY 2024) Full year 2025 results: EPS: Rp51.29 (up from Rp34.73 in FY 2024). Revenue: Rp2.78t (up 32% from FY 2024). Net income: Rp351.4b (up 48% from FY 2024). Profit margin: 13% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to Rp735, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 246% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp476, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 21x in the Commercial Services industry in Indonesia. Total returns to shareholders of 119% over the past three years. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: Rp10.67 (vs Rp5.74 in 3Q 2024) Third quarter 2025 results: EPS: Rp10.67 (up from Rp5.74 in 3Q 2024). Revenue: Rp594.6b (up 70% from 3Q 2024). Net income: Rp73.1b (up 86% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Oct 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Made Sudarma was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 07
PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, Jun 12, 2025 PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, Jun 12, 2025. Declared Dividend • Nov 15
Dividend of Rp7.00 announced Shareholders will receive a dividend of Rp7.00. Ex-date: 22nd November 2024 Payment date: 11th December 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (142% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Jun 14
Dividend of Rp6.00 announced Shareholders will receive a dividend of Rp6.00. Ex-date: 24th June 2024 Payment date: 1st July 2024 Dividend yield will be 7.7%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 08
PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, Jun 11, 2024 PT Jasuindo Tiga Perkasa Tbk, Annual General Meeting, Jun 11, 2024. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: Rp6.43 (vs Rp5.84 in 1Q 2023) First quarter 2024 results: EPS: Rp6.43 (up from Rp5.84 in 1Q 2023). Revenue: Rp370.0b (down 25% from 1Q 2023). Net income: Rp44.0b (up 10.0% from 1Q 2023). Profit margin: 12% (up from 8.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: Rp30.30 (vs Rp29.71 in FY 2022) Full year 2023 results: EPS: Rp30.30 (up from Rp29.71 in FY 2022). Revenue: Rp2.30t (up 61% from FY 2022). Net income: Rp207.6b (up 63% from FY 2022). Profit margin: 9.0% (up from 8.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 25
Now 21% undervalued Over the last 90 days, the stock is up 71%. The fair value is estimated to be Rp455, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 35%. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp368, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 13x in the Commercial Services industry in Indonesia. Total returns to shareholders of 78% over the past three years. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: Rp4.98 (vs Rp0.59 in 2Q 2022) Second quarter 2023 results: EPS: Rp4.98 (up from Rp0.59 in 2Q 2022). Revenue: Rp431.1b (up 103% from 2Q 2022). Net income: Rp34.1b (up Rp30.1b from 2Q 2022). Profit margin: 7.9% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Jul 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Rp1.47t (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (483% cash payout ratio). Market cap is less than US$100m (Rp1.47t market cap, or US$97.1m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to Rp204, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 13x in the Commercial Services industry in Indonesia. Total returns to shareholders of 18% over the past three years. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: Rp29.71 (vs Rp13.36 in FY 2021) Full year 2022 results: EPS: Rp29.71 (up from Rp13.36 in FY 2021). Revenue: Rp1.42t (up 32% from FY 2021). Net income: Rp127.3b (up 39% from FY 2021). Profit margin: 8.9% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner I Gede Auditta Putra was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: Rp390.3b (up 24% from 3Q 2021). Net income: Rp32.1b (up 45% from 3Q 2021). Profit margin: 8.2% (up from 7.1% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 15% share price gain to Rp278, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 15x in the Commercial Services industry in Indonesia. Total returns to shareholders of 21% over the past three years. Reported Earnings • Jun 02
First quarter 2022 earnings released: EPS: Rp6.74 (vs Rp3.60 in 1Q 2021) First quarter 2022 results: EPS: Rp6.74 (up from Rp3.60 in 1Q 2021). Revenue: Rp167.0b (up 53% from 1Q 2021). Net income: Rp11.5b (up 87% from 1Q 2021). Profit margin: 6.9% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner I Gede Auditta Putra was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 05
JASUINDO TIGA PERKASA to Be Deleted from Other OTC PT JASUINDO TIGA PERKASA TBK Ordinary Shares will be deleted from other OTC, effective March 04, 2022 due to Inactive Security. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS Rp12.95 (vs Rp29.58 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Rp314.8b (down 31% from 3Q 2020). Net income: Rp22.2b (down 56% from 3Q 2020). Profit margin: 7.1% (down from 11% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Reported Earnings • Sep 05
Second quarter 2021 earnings released: EPS Rp3.61 (vs Rp13.05 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp172.3b (up 86% from 2Q 2020). Net income: Rp6.18b (up Rp28.5b from 2Q 2020). Profit margin: 3.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 24
New 90-day high: Rp1,280 The company is up 39% from its price of Rp920 on 26 November 2020. The Indonesian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to Rp1,215, the stock is trading at a trailing P/E ratio of 13.5x, up from the previous P/E ratio of 11.6x. This compares to an average P/E of 10x in the Commercial Services industry in Indonesia. Total returns to shareholders over the past three years are 392%. Is New 90 Day High Low • Jan 29
New 90-day high: Rp1,100 The company is up 24% from its price of Rp885 on 27 October 2020. The Indonesian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: Rp1,025 The company is up 15% from its price of Rp890 on 16 October 2020. The Indonesian market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: Rp965 The company is up 7.0% from its price of Rp900 on 01 October 2020. The Indonesian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 10
New 90-day high: Rp915 The company is up 16% from its price of Rp790 on 12 August 2020. The Indonesian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 5.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS Rp29.60 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: Rp452.7b (up 63% from 3Q 2019). Net income: Rp50.7b (up 85% from 3Q 2019). Profit margin: 11% (up from 9.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Sep 18
New 90-day high: Rp875 The company is up 15% from its price of Rp760 on 19 June 2020. The Indonesian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 8.0% over the same period.