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PTBA

Bukitm IDX:PTBA Stock Report

Last Price

Rp3.80k

Market Cap

Rp43.7t

7D

0.8%

1Y

68.1%

Updated

16 May, 2022

Data

Company Financials +
PTBA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

PTBA Stock Overview

PT Bukit Asam Tbk, together with its subsidiaries, engages in the coal mining activities in Indonesia.

Bukitm Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bukitm
Historical stock prices
Current Share PriceRp3,800.00
52 Week HighRp3,860.00
52 Week LowRp1,995.00
Beta0.43
1 Month Change0.80%
3 Month Change30.58%
1 Year Change68.14%
3 Year Change35.23%
5 Year Change76.74%
Change since IPO3,066.67%

Recent News & Updates

Shareholder Returns

PTBAID Oil and GasID Market
7D0.8%0.4%-7.3%
1Y68.1%93.7%12.6%

Return vs Industry: PTBA underperformed the ID Oil and Gas industry which returned 93.7% over the past year.

Return vs Market: PTBA exceeded the ID Market which returned 12.6% over the past year.

Price Volatility

Is PTBA's price volatile compared to industry and market?
PTBA volatility
PTBA Average Weekly Movement5.8%
Oil and Gas Industry Average Movement8.3%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.1%
10% least volatile stocks in ID Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
19191,827Arsal Ismailhttps://www.ptba.co.id

PT Bukit Asam Tbk, together with its subsidiaries, engages in the coal mining activities in Indonesia. Its coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It manages special coal port facilities; operates steam power plants; and provides consulting services related to the coal mining industry and production.

Bukitm Fundamentals Summary

How do Bukitm's earnings and revenue compare to its market cap?
PTBA fundamental statistics
Market CapRp43.65t
Earnings (TTM)Rp7.91t
Revenue (TTM)Rp29.26t

5.5x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTBA income statement (TTM)
RevenueRp29.26t
Cost of RevenueRp15.48t
Gross ProfitRp13.79t
Other ExpensesRp5.88t
EarningsRp7.91t

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)688.51
Gross Margin47.11%
Net Profit Margin27.03%
Debt/Equity Ratio0.02%

How did PTBA perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

11%

Payout Ratio

Valuation

Is Bukitm 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


35.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PTBA (IDR3800) is trading below our estimate of fair value (IDR5866.88)

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


Price To Earnings Ratio

PE vs Industry: PTBA is good value based on its PE Ratio (5.5x) compared to the ID Oil and Gas industry average (10.7x).

PE vs Market: PTBA is good value based on its PE Ratio (5.5x) compared to the ID market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: PTBA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PTBA's PB Ratio (1.8x) is in line with the ID Oil and Gas industry average.


Future Growth

How is Bukitm forecast to perform in the next 1 to 3 years based on estimates from 16 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


-9.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTBA's earnings are forecast to decline over the next 3 years (-9.6% per year).

Earnings vs Market: PTBA's earnings are forecast to decline over the next 3 years (-9.6% per year).

High Growth Earnings: PTBA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PTBA's revenue (1.3% per year) is forecast to grow slower than the ID market (10.6% per year).

High Growth Revenue: PTBA's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTBA's Return on Equity is forecast to be low in 3 years time (18%).


Past Performance

How has Bukitm 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


4.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PTBA has high quality earnings.

Growing Profit Margin: PTBA's current net profit margins (27%) are higher than last year (13.8%).


Past Earnings Growth Analysis

Earnings Trend: PTBA's earnings have grown by 4.1% per year over the past 5 years.

Accelerating Growth: PTBA's earnings growth over the past year (231.4%) exceeds its 5-year average (4.1% per year).

Earnings vs Industry: PTBA earnings growth over the past year (231.4%) exceeded the Oil and Gas industry 103.2%.


Return on Equity

High ROE: PTBA's Return on Equity (33.1%) is considered high.


Financial Health

How is Bukitm'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: PTBA's short term assets (IDR18,211.5B) exceed its short term liabilities (IDR7,500.6B).

Long Term Liabilities: PTBA's short term assets (IDR18,211.5B) exceed its long term liabilities (IDR4,369.3B).


Debt to Equity History and Analysis

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

Reducing Debt: PTBA's debt to equity ratio has reduced from 15.2% to 0.02% over the past 5 years.

Debt Coverage: PTBA's debt is well covered by operating cash flow (181735.3%).

Interest Coverage: PTBA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bukitm 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

  • Future Dividend Coverage


1.97%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PTBA's dividend (1.97%) is higher than the bottom 25% of dividend payers in the ID market (1.15%).

High Dividend: PTBA's dividend (1.97%) is low compared to the top 25% of dividend payers in the ID market (4.19%).


Stability and Growth of Payments

Stable Dividend: PTBA's dividend payments have been volatile in the past 10 years.

Growing Dividend: PTBA's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.7%), PTBA's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.8%), PTBA's dividend payments are thoroughly covered by cash flows.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Arsal Ismail (57 yo)

0.42

Tenure

Mr. Arsal Ismail is President Director at PT Bukit Asam Tbk since December 2021. He was Director of Business Development and Director at PT Jasa Marga (Persero) Tbk since June 11, 2020. He served as the Ch...


Leadership Team

Experienced Management: PTBA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PTBA's board of directors are not considered experienced ( 1.1 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 been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: PT Bukit Asam Tbk
  • Ticker: PTBA
  • Exchange: IDX
  • Founded: 1919
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Implied Market Cap: Rp43.651t
  • Shares outstanding: 11.49b
  • Website: https://www.ptba.co.id

Number of Employees


Location

  • PT Bukit Asam Tbk
  • Jl. Parigi No. 1
  • Muara Enim
  • Tanjung Enim Selatan
  • Sumtera Selatan
  • 31716
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
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.