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ELSA

Elnusa IDX:ELSA Stock Report

Last Price

Rp332.00

Market Cap

Rp2.5t

7D

-2.9%

1Y

16.9%

Updated

23 Sep, 2022

Data

Company Financials
ELSA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

ELSA Stock Overview

PT Elnusa Tbk provides oil and gas services in Indonesia.

Elnusa Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elnusa
Historical stock prices
Current Share PriceRp332.00
52 Week HighRp366.00
52 Week LowRp250.00
Beta1.32
1 Month Change3.75%
3 Month Change12.16%
1 Year Change16.90%
3 Year Change2.47%
5 Year Change9.21%
Change since IPO-35.53%

Recent News & Updates

Shareholder Returns

ELSAID Energy ServicesID Market
7D-2.9%2.1%-1.0%
1Y16.9%-6.3%15.3%

Return vs Industry: ELSA exceeded the ID Energy Services industry which returned -6.3% over the past year.

Return vs Market: ELSA exceeded the ID Market which returned 15.3% over the past year.

Price Volatility

Is ELSA's price volatile compared to industry and market?
ELSA volatility
ELSA Average Weekly Movement5.1%
Energy Services Industry Average Movement8.5%
Market Average Movement5.5%
10% most volatile stocks in ID Market11.3%
10% least volatile stocks in ID Market2.7%

Stable Share Price: ELSA is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ELSA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19691,409John Simamorahttps://www.elnusa.co.id

PT Elnusa Tbk provides oil and gas services in Indonesia. The company operates through Integrated Upstream Oil and Gas Services; Oil and Gas Support Services; and Energy Distribution and Logistics Services segments. It offers geophysical/seismic data, oil and gas drilling, and oilfield services; and threading for oil and gas drilling, oil and gas data management, integrated information technology development, other threading, telecommunication, network service provider, storage, satellite communication, and very-small-aperture terminal-based communication services, as well as open cycle gas turbine pipe manufacturing and trading services.

Elnusa Fundamentals Summary

How do Elnusa's earnings and revenue compare to its market cap?
ELSA fundamental statistics
Market CapRp2.45t
Earnings (TTM)Rp314.01b
Revenue (TTM)Rp9.84t

7.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELSA income statement (TTM)
RevenueRp9.84t
Cost of RevenueRp8.97t
Gross ProfitRp872.98b
Other ExpensesRp558.98b
EarningsRp314.01b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)43.02
Gross Margin8.87%
Net Profit Margin3.19%
Debt/Equity Ratio21.7%

How did ELSA perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

24%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 ELSA?

Other financial metrics that can be useful for relative valuation.

ELSA 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/Revenue0.3x
Enterprise Value/EBITDA2.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

ELSA PE Ratio vs Peers
The above table shows the PE ratio for ELSA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.4x
RUIS Radiant Utama Interinsco
9xn/aRp186.3b
SICO Sigma Energy Compressindo
27.7xn/aRp168.4b
SHIP Sillo Maritime Perdana
15.4xn/aRp2.7t
COAL Black Diamond Resources
34xn/aRp3.5t
ELSA Elnusa
7.7xn/aRp2.5t

Price-To-Earnings vs Peers: ELSA is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (21.4x).


Price to Earnings Ratio vs Industry

How does ELSA's PE Ratio compare vs other companies in the Asian Energy Services Industry?

Price-To-Earnings vs Industry: ELSA is good value based on its Price-To-Earnings Ratio (7.7x) compared to the Asian Energy Services industry average (22x)


Price to Earnings Ratio vs Fair Ratio

What is ELSA'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.

ELSA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ELSA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: ELSA (IDR332) is trading below our estimate of fair value (IDR1095.88)

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


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 Elnusa 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


20.7%

Forecasted Energy 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 Elnusa 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.


Discover growth companies

  • Examine whether Elnusa is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Elnusa performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ELSA has high quality earnings.

Growing Profit Margin: ELSA's current net profit margins (3.2%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: ELSA's earnings have declined by 7.8% per year over the past 5 years.

Accelerating Growth: ELSA's earnings growth over the past year (124.6%) exceeds its 5-year average (-7.8% per year).

Earnings vs Industry: ELSA earnings growth over the past year (124.6%) exceeded the Energy Services industry -1.8%.


Return on Equity

High ROE: ELSA's Return on Equity (7.8%) is considered low.


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Financial Health

How is Elnusa's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELSA's short term assets (IDR4,812.7B) exceed its short term liabilities (IDR3,005.8B).

Long Term Liabilities: ELSA's short term assets (IDR4,812.7B) exceed its long term liabilities (IDR1,264.1B).


Debt to Equity History and Analysis

Debt Level: ELSA has more cash than its total debt.

Reducing Debt: ELSA's debt to equity ratio has increased from 19.9% to 21.7% over the past 5 years.

Debt Coverage: ELSA's debt is well covered by operating cash flow (146.4%).

Interest Coverage: ELSA's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


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Dividend

What is Elnusa current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.08%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ELSA's dividend (3.08%) is higher than the bottom 25% of dividend payers in the ID market (1.12%).

High Dividend: ELSA's dividend (3.08%) is low compared to the top 25% of dividend payers in the ID market (4.67%).


Stability and Growth of Payments

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

Growing Dividend: ELSA has only been paying a dividend for 9 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.8%), ELSA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.7%), ELSA's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure


CEO

John Simamora (56 yo)

no data

Tenure

Mr. John H. Simamora had been Development Director of PT Pertamina EP since June 15, 2017 until 2020 and served as its Director until 2020. Mr. Simamora served as Director of PT PEPC ADK from August 19, 20...


Leadership Team

Experienced Management: ELSA's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: ELSA's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

Top 7 shareholders own 11.39% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10%
Dana Pensiun Pertamina
729,781,000IDR242.3b0%100%
1.05%
Dimensional Fund Advisors LP
76,963,147IDR25.6b0.29%no data
0.17%
GAM Holding AG
12,343,000IDR4.1b0%no data
0.062%
SEI Investments Company
4,519,600IDR1.5b0%no data
0.051%
PT Pertamina (Persero)
3,729,781IDR1.2b0%no data
0.027%
Lingohr & Partner Asset Management GmbH
1,963,800IDR652.0m0%0.01%
0.024%
American Century Investment Management Inc
1,780,700IDR591.2m0.61%no data

Company Information

PT Elnusa Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Elnusa Tbk
  • Ticker: ELSA
  • Exchange: IDX
  • Founded: 1969
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Implied Market Cap: Rp2.452t
  • Shares outstanding: 7.30b
  • Website: https://www.elnusa.co.id

Number of Employees


Location

  • PT Elnusa Tbk
  • Graha Elnusa
  • 16th Floor
  • Jakarta Selatan
  • Jakarta Raya
  • 12560
  • Indonesia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELSAIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRFeb 2008

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
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.