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AMOR

Ashmore Asset Management Indonesia IDX:AMOR Stock Report

Last Price

Rp1.33k

Market Cap

Rp3.0t

7D

-1.5%

1Y

-21.1%

Updated

18 Aug, 2022

Data

Company Financials +
AMOR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance6/6
Financial Health6/6
Dividends2/6

AMOR Stock Overview

PT Ashmore Asset Management Indonesia Tbk s an investment management company.

Ashmore Asset Management Indonesia Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ashmore Asset Management Indonesia
Historical stock prices
Current Share PriceRp1,330.00
52 Week HighRp2,175.00
52 Week LowRp1,310.00
Beta0.48
1 Month Change-2.21%
3 Month Change-19.15%
1 Year Change-21.07%
3 Year Changen/a
5 Year Changen/a
Change since IPO-6.67%

Recent News & Updates

Shareholder Returns

AMORID Capital MarketsID Market
7D-1.5%2.1%-0.3%
1Y-21.1%39.9%15.1%

Return vs Industry: AMOR underperformed the ID Capital Markets industry which returned 33.8% over the past year.

Return vs Market: AMOR underperformed the ID Market which returned 12.5% over the past year.

Price Volatility

Is AMOR's price volatile compared to industry and market?
AMOR volatility
AMOR Average Weekly Movement4.2%
Capital Markets Industry Average Movement5.4%
Market Average Movement5.9%
10% most volatile stocks in ID Market11.1%
10% least volatile stocks in ID Market2.9%

Stable Share Price: AMOR is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
201026Ronni Gandahusadahttps://www.ashmoregroup.com

PT Ashmore Asset Management Indonesia Tbk s an investment management company. The firm was founded in 2010 and is headquartered in Jakarta Utara, Jakarta Raya, Indonesia.

Ashmore Asset Management Indonesia Fundamentals Summary

How do Ashmore Asset Management Indonesia's earnings and revenue compare to its market cap?
AMOR fundamental statistics
Market CapRp2.95t
Earnings (TTM)Rp117.04b
Revenue (TTM)Rp406.05b

25.2x

P/E Ratio

7.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMOR income statement (TTM)
RevenueRp406.05b
Cost of RevenueRp234.57b
Gross ProfitRp171.47b
Other ExpensesRp54.43b
EarningsRp117.04b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)52.76
Gross Margin42.23%
Net Profit Margin28.83%
Debt/Equity Ratio0%

How did AMOR perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

96%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is AMOR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMOR?

Other financial metrics that can be useful for relative valuation.

AMOR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.9x
Enterprise Value/EBITDA19.6x
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

How does AMOR's PE Ratio compare to its peers?

AMOR PE Ratio vs Peers
The above table shows the PE ratio for AMOR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.3x
BPII Batavia Prosperindo Internasional
27.5xn/aRp4.1t
SRTG Saratoga Investama Sedaya
2.8x-55.5%Rp36.3t
TRIM Trimegah Sekuritas Indonesia
37.5xn/aRp2.0t
BCAP MNC Kapital Indonesia
25.3xn/aRp4.6t
AMOR Ashmore Asset Management Indonesia
25.2x20.2%Rp3.0t

Price-To-Earnings vs Peers: AMOR is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the peer average (23.3x).


Price to Earnings Ratio vs Industry

How does AMOR's PE Ratio compare vs other companies in the Asian Capital Markets Industry?

Price-To-Earnings vs Industry: AMOR is good value based on its Price-To-Earnings Ratio (25.2x) compared to the ID Capital Markets industry average (26.2x)


Price to Earnings Ratio vs Fair Ratio

What is AMOR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMOR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.2x
Fair PE Ratio13.5x

Price-To-Earnings vs Fair Ratio: AMOR is expensive based on its Price-To-Earnings Ratio (25.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).


Share Price vs Fair Value

What is the Fair Price of AMOR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMOR (IDR1330) is trading above our estimate of fair value (IDR560.24)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Ashmore Asset Management Indonesia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMOR's forecast earnings growth (20.2% per year) is above the savings rate (7%).

Earnings vs Market: AMOR's earnings (20.2% per year) are forecast to grow faster than the ID market (10.6% per year).

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

Revenue vs Market: AMOR's revenue (16.8% per year) is forecast to grow faster than the ID market (10.4% per year).

High Growth Revenue: AMOR's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMOR's Return on Equity is forecast to be very high in 3 years time (48.5%).


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Past Performance

How has Ashmore Asset Management Indonesia performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMOR has high quality earnings.

Growing Profit Margin: AMOR's current net profit margins (28.8%) are higher than last year (27%).


Past Earnings Growth Analysis

Earnings Trend: AMOR's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: AMOR's earnings growth over the past year (49.6%) exceeds its 5-year average (15.9% per year).

Earnings vs Industry: AMOR earnings growth over the past year (49.6%) exceeded the Capital Markets industry 21.2%.


Return on Equity

High ROE: AMOR's Return on Equity (42.7%) is considered outstanding.


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Financial Health

How is Ashmore Asset Management Indonesia's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMOR's short term assets (IDR209.9B) exceed its short term liabilities (IDR89.3B).

Long Term Liabilities: AMOR's short term assets (IDR209.9B) exceed its long term liabilities (IDR25.2B).


Debt to Equity History and Analysis

Debt Level: AMOR is debt free.

Reducing Debt: AMOR had no debt 5 years ago.

Debt Coverage: AMOR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AMOR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Ashmore Asset Management Indonesia 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

  • Cash Flow Coverage


3.80%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AMOR's dividend (3.8%) is higher than the bottom 25% of dividend payers in the ID market (1.11%).

High Dividend: AMOR's dividend (3.8%) is low compared to the top 25% of dividend payers in the ID market (4.59%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AMOR has been paying a dividend for less than 10 years.

Growing Dividend: AMOR's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (95.8%), AMOR's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (80%), AMOR's dividend payments are covered by cash flows.


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Management

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

3.1yrs

Average management tenure


CEO

Ronni Gandahusada (58 yo)

9.92yrs

Tenure

Ir. Ronaldus Gandahusada, also known as Ronni, has been President Director at PT Ashmore Asset Management Indonesia since September 2012. He served as a Director, Senior Portfolio Manager of PT Schroder In...


Leadership Team

Experienced Management: AMOR's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: AMOR's board of directors are seasoned and experienced ( 10 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 Ashmore Asset Management Indonesia Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Ashmore Asset Management Indonesia Tbk
  • Ticker: AMOR
  • Exchange: IDX
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: Rp2.950t
  • Shares outstanding: 2.22b
  • Website: https://www.ashmoregroup.com

Number of Employees


Location

  • PT Ashmore Asset Management Indonesia Tbk
  • Pacific Century Place
  • 18th Floor SCBD Lot 10
  • Jakarta
  • Jakarta Raya
  • 12190
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.