PT Indofood Sukses Makmur Tbk produces and sells various food products in Indonesia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||Rp6,475.00|
|52 Week High||Rp5,750.00|
|52 Week Low||Rp7,425.00|
|1 Month Change||6.15%|
|3 Month Change||1.57%|
|1 Year Change||-7.50%|
|3 Year Change||8.37%|
|5 Year Change||-23.37%|
|Change since IPO||601.90%|
Recent News & Updates
|INDF||ID Food||ID Market|
Return vs Industry: INDF underperformed the ID Food industry which returned 8.5% over the past year.
Return vs Market: INDF underperformed the ID Market which returned 25.8% over the past year.
Stable Share Price: INDF is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: INDF's weekly volatility (4%) has been stable over the past year.
About the Company
PT Indofood Sukses Makmur Tbk produces and sells various food products in Indonesia and internationally. It operates through four segments: Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group segment offers noodles; dairy products, including sweetened condensed, temperature, sterilized bottled, pasteurized liquid, multi-cereal, and powdered milk, as well as butter, ice cream, and creamer; snack foods, such as potato, cassava, soybean, sweet potato, corn, and various extruded snacks, as well as biscuits; culinary products and syrups; nutrition and special foods; and ready-to-drink tea, packaged water, and fruit-flavored drinks.
Indofood Sukses Makmur Fundamentals Summary
|INDF fundamental statistics|
Is INDF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INDF income statement (TTM)|
|Cost of Revenue||Rp59.35t|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||802.49|
|Net Profit Margin||7.86%|
How did INDF perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Is Indofood Sukses Makmur undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INDF (IDR6475) is trading below our estimate of fair value (IDR9238.42)
Significantly Below Fair Value: INDF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INDF is good value based on its PE Ratio (8.1x) compared to the ID Food industry average (13.6x).
PE vs Market: INDF is good value based on its PE Ratio (8.1x) compared to the ID market (21.6x).
Price to Earnings Growth Ratio
PEG Ratio: INDF is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: INDF is good value based on its PB Ratio (1.2x) compared to the ID Food industry average (1.8x).
How is Indofood Sukses Makmur forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDF's forecast earnings growth (8.6% per year) is above the savings rate (7.1%).
Earnings vs Market: INDF's earnings (8.6% per year) are forecast to grow slower than the ID market (17.8% per year).
High Growth Earnings: INDF's earnings are forecast to grow, but not significantly.
Revenue vs Market: INDF's revenue (6.8% per year) is forecast to grow slower than the ID market (11% per year).
High Growth Revenue: INDF's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INDF's Return on Equity is forecast to be low in 3 years time (15.4%).
How has Indofood Sukses Makmur performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDF has high quality earnings.
Growing Profit Margin: INDF's current net profit margins (7.9%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: INDF's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: INDF's earnings growth over the past year (35.4%) exceeds its 5-year average (12.5% per year).
Earnings vs Industry: INDF earnings growth over the past year (35.4%) exceeded the Food industry 28.9%.
Return on Equity
High ROE: INDF's Return on Equity (12.3%) is considered low.
How is Indofood Sukses Makmur's financial position?
Financial Position Analysis
Short Term Liabilities: INDF's short term assets (IDR43,570.2B) exceed its short term liabilities (IDR40,766.0B).
Long Term Liabilities: INDF's short term assets (IDR43,570.2B) do not cover its long term liabilities (IDR44,952.6B).
Debt to Equity History and Analysis
Debt Level: INDF's debt to equity ratio (65.3%) is considered high.
Reducing Debt: INDF's debt to equity ratio has reduced from 65.5% to 65.3% over the past 5 years.
Debt Coverage: INDF's debt is well covered by operating cash flow (25.6%).
Interest Coverage: INDF's interest payments on its debt are well covered by EBIT (8.5x coverage).
What is Indofood Sukses Makmur current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INDF's dividend (4.29%) is higher than the bottom 25% of dividend payers in the ID market (0.99%).
High Dividend: INDF's dividend (4.29%) is in the top 25% of dividend payers in the ID market (3.83%)
Stability and Growth of Payments
Stable Dividend: INDF's dividend payments have been volatile in the past 10 years.
Growing Dividend: INDF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.6%), INDF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INDF's dividends in 3 years are forecast to be well covered by earnings (45.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anthoni Salim (72 yo)
Mr. Anthoni Salim serves as the Chief Executive Officer and President of Salim Group. Mr. Salim serves as a Co-Owner of GA 1821 Pte. Ltd.He is the Owner of Droxford International Limited and Universal Int...
Experienced Management: INDF's management team is considered experienced (3.2 years average tenure).
Experienced Board: INDF's board of directors are seasoned and experienced ( 17.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PT Indofood Sukses Makmur Tbk's employee growth, exchange listings and data sources
- Name: PT Indofood Sukses Makmur Tbk
- Ticker: INDF
- Exchange: IDX
- Founded: 1990
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: Rp58.609t
- Shares outstanding: 8.78b
- Website: https://www.indofood.com
Number of Employees
- PT Indofood Sukses Makmur Tbk
- Sudirman Plaza
- Indofood Tower
- Jakarta Raya
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 15:34|
|End of Day Share Price||2021/10/27 00:00|
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.