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MIKA

Mitra Keluarga Karyasehat IDX:MIKA Stock Report

Last Price

Rp2.72k

Market Cap

Rp37.9t

7D

8.4%

1Y

4.2%

Updated

18 May, 2022

Data

Company Financials +
MIKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

MIKA Stock Overview

PT Mitra Keluarga Karyasehat Tbk, together with its subsidiaries, owns and operates hospitals in Indonesia.

Mitra Keluarga Karyasehat Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mitra Keluarga Karyasehat
Historical stock prices
Current Share PriceRp2,720.00
52 Week HighRp2,950.00
52 Week LowRp2,080.00
Beta0.31
1 Month Change0.74%
3 Month Change20.89%
1 Year Change4.22%
3 Year Change36.00%
5 Year Change33.99%
Change since IPO28.30%

Recent News & Updates

Shareholder Returns

MIKAID HealthcareID Market
7D8.4%3.4%-1.0%
1Y4.2%16.8%18.2%

Return vs Industry: MIKA underperformed the ID Healthcare industry which returned 14.4% over the past year.

Return vs Market: MIKA underperformed the ID Market which returned 15.6% over the past year.

Price Volatility

Is MIKA's price volatile compared to industry and market?
MIKA volatility
MIKA Average Weekly Movement4.4%
Healthcare Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in ID Market12.2%
10% least volatile stocks in ID Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
19897,843Rustiyan Oenhttps://www.mitrakeluarga.com

PT Mitra Keluarga Karyasehat Tbk, together with its subsidiaries, owns and operates hospitals in Indonesia. The company provides healthcare services; and operates a pharmacy. Its hospital network comprises of 17 Mitra Keluarga hospitals and 9 Kasih Group hospitals located in Jakarta, Bekasi, Cikarang, Depok, Cibubur, Tangerang, Sukabumi, Karawang, Cirebon, Surabaya, Cibinong, Subang, and Tegal.

Mitra Keluarga Karyasehat Fundamentals Summary

How do Mitra Keluarga Karyasehat's earnings and revenue compare to its market cap?
MIKA fundamental statistics
Market CapRp37.85t
Earnings (TTM)Rp1.18t
Revenue (TTM)Rp4.24t

32.0x

P/E Ratio

8.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MIKA income statement (TTM)
RevenueRp4.24t
Cost of RevenueRp2.08t
Gross ProfitRp2.16t
Other ExpensesRp979.23b
EarningsRp1.18t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)84.92
Gross Margin50.95%
Net Profit Margin27.86%
Debt/Equity Ratio0.0%

How did MIKA perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

43%

Payout Ratio

Valuation

Is Mitra Keluarga Karyasehat undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


32.03x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MIKA (IDR2720) is trading above our estimate of fair value (IDR1057.9)

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


Price To Earnings Ratio

PE vs Industry: MIKA is poor value based on its PE Ratio (32x) compared to the ID Healthcare industry average (20.2x).

PE vs Market: MIKA is poor value based on its PE Ratio (32x) compared to the ID market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: MIKA is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: MIKA is overvalued based on its PB Ratio (7.3x) compared to the ID Healthcare industry average (1.9x).


Future Growth

How is Mitra Keluarga Karyasehat forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIKA's forecast earnings growth (8.1% per year) is above the savings rate (7%).

Earnings vs Market: MIKA's earnings (8.1% per year) are forecast to grow slower than the ID market (11% per year).

High Growth Earnings: MIKA's earnings are forecast to grow, but not significantly.

Revenue vs Market: MIKA's revenue (11.8% per year) is forecast to grow faster than the ID market (10.5% per year).

High Growth Revenue: MIKA's revenue (11.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MIKA's Return on Equity is forecast to be low in 3 years time (19.6%).


Past Performance

How has Mitra Keluarga Karyasehat performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MIKA has high quality earnings.

Growing Profit Margin: MIKA's current net profit margins (27.9%) are higher than last year (25.6%).


Past Earnings Growth Analysis

Earnings Trend: MIKA's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: MIKA's earnings growth over the past year (23.2%) exceeds its 5-year average (13.6% per year).

Earnings vs Industry: MIKA earnings growth over the past year (23.2%) underperformed the Healthcare industry 121.6%.


Return on Equity

High ROE: MIKA's Return on Equity (21.8%) is considered high.


Financial Health

How is Mitra Keluarga Karyasehat'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: MIKA's short term assets (IDR3,074.6B) exceed its short term liabilities (IDR773.2B).

Long Term Liabilities: MIKA's short term assets (IDR3,074.6B) exceed its long term liabilities (IDR193.2B).


Debt to Equity History and Analysis

Debt Level: MIKA is debt free.

Reducing Debt: MIKA had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Mitra Keluarga Karyasehat 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


1.32%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MIKA's dividend (1.32%) is higher than the bottom 25% of dividend payers in the ID market (1.12%).

High Dividend: MIKA's dividend (1.32%) is low compared to the top 25% of dividend payers in the ID market (4.17%).


Stability and Growth of Payments

Stable Dividend: MIKA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MIKA's dividend payments have increased, but the company has only paid a dividend for 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43%), MIKA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.9%), MIKA's dividend payments are well covered by cash flows.


Next Steps

Management

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

8.0yrs

Average management tenure


CEO

Rustiyan Oen (59 yo)

8.33yrs

Tenure

Engineer. Rustiyan Oen, MBA has been President Director since 2014 of PT Mitra Keluarga Karyasehat TBK. Mr. Oen has years of healthcare industry experience. He has been Commissioner of PT Anta Express Tour...


Leadership Team

Experienced Management: MIKA's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: MIKA's board of directors are considered experienced (8.3 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 Mitra Keluarga Karyasehat Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Mitra Keluarga Karyasehat Tbk
  • Ticker: MIKA
  • Exchange: IDX
  • Founded: 1989
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Implied Market Cap: Rp37.854t
  • Shares outstanding: 13.92b
  • Website: https://www.mitrakeluarga.com

Number of Employees


Location

  • PT Mitra Keluarga Karyasehat Tbk
  • Jalan Raya Gading Kirana Kav. 2
  • Kelapa Gading
  • Jakarta
  • Jakarta Raya
  • 14240
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
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.