Argha Karya Prima Industry (IDX:AKPI) - Share price, News & Analysis

AKPI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	2/6

AKPI Stock Overview

PT Argha Karya Prima Industry Tbk manufacturers, markets, trades, and distributes flexible packaging films in Indonesia, Asia, Africa, America, the Middle East, Europe, Australia, and New Zealand.

Rewards

PE ratio (3.8x) is below the ID market (18.5x)

Earnings grew by 123.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Dividend of 2.7% is not well covered by earnings

Does not have a meaningful market cap (IDR566B)

Argha Karya Prima Industry Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argha Karya Prima Industry
Historical stock prices
Current Share Price	Rp925.00
52 Week High	Rp1,335.00
52 Week Low	Rp510.00
Beta	1.23
1 Month Change	-3.14%
3 Month Change	-11.48%
1 Year Change	69.73%
3 Year Change	71.30%
5 Year Change	2.78%
Change since IPO	1.09%

Shareholder Returns

	AKPI	ID Packaging	ID Market
7D	-1.1%	-2.2%	2.2%
1Y	69.7%	36.8%	17.3%

Return vs Industry: AKPI exceeded the ID Packaging industry which returned 35.7% over the past year.

Return vs Market: AKPI exceeded the ID Market which returned 18.2% over the past year.

Price Volatility

Is AKPI's price volatile compared to industry and market?
AKPI volatility
AKPI Average Weekly Movement	3.0%
Packaging Industry Average Movement	6.2%
Market Average Movement	6.2%
10% most volatile stocks in ID Market	12.0%
10% least volatile stocks in ID Market	2.9%

Stable Share Price: AKPI is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AKPI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1980	1,035	Wilson Pribadi	https://www.arghakarya.com

PT Argha Karya Prima Industry Tbk manufacturers, markets, trades, and distributes flexible packaging films in Indonesia, Asia, Africa, America, the Middle East, Europe, Australia, and New Zealand. It operates through two segments, Manufacturing and Distribution. The company offers biaxially oriented poly propylene films and polyester films.

Argha Karya Prima Industry Fundamentals Summary

How do Argha Karya Prima Industry's earnings and revenue compare to its market cap?
AKPI fundamental statistics
Market Cap	Rp566.33b
Earnings (TTM)	Rp147.83b
Revenue (TTM)	Rp2.70t

3.8x

P/E Ratio

0.2x

P/S Ratio

Is AKPI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKPI income statement (TTM)
Revenue	Rp2.70t
Cost of Revenue	Rp2.36t
Gross Profit	Rp344.03b
Other Expenses	Rp196.20b
Earnings	Rp147.83b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	241.46
Gross Margin	12.73%
Net Profit Margin	5.47%
Debt/Equity Ratio	75.4%

How did AKPI perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is Argha Karya Prima Industry undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

3.83x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: AKPI (IDR925) is trading above our estimate of fair value (IDR340.58)

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

Price To Earnings Ratio

PE vs Industry: AKPI is good value based on its PE Ratio (3.8x) compared to the ID Packaging industry average (15.2x).

PE vs Market: AKPI is good value based on its PE Ratio (3.8x) compared to the ID market (18.5x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AKPI's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: AKPI is good value based on its PB Ratio (0.4x) compared to the ID Packaging industry average (0.9x).

Future Growth

How is Argha Karya Prima Industry 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

20.1%

Forecasted Materials 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 Argha Karya Prima Industry 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.

Past Performance

How has Argha Karya Prima Industry 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

33.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AKPI has a high level of non-cash earnings.

Growing Profit Margin: AKPI's current net profit margins (5.5%) are higher than last year (3%).

Past Earnings Growth Analysis

Earnings Trend: AKPI's earnings have grown significantly by 33.2% per year over the past 5 years.

Accelerating Growth: AKPI's earnings growth over the past year (123.9%) exceeds its 5-year average (33.2% per year).

Earnings vs Industry: AKPI earnings growth over the past year (123.9%) exceeded the Packaging industry 23.1%.

Return on Equity

High ROE: AKPI's Return on Equity (10.1%) is considered low.

Financial Health

How is Argha Karya Prima Industry's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: AKPI's short term assets (IDR1,304.7B) exceed its short term liabilities (IDR1,162.8B).

Long Term Liabilities: AKPI's short term assets (IDR1,304.7B) exceed its long term liabilities (IDR709.9B).

Debt to Equity History and Analysis

Debt Level: AKPI's net debt to equity ratio (72.9%) is considered high.

Reducing Debt: AKPI's debt to equity ratio has reduced from 87.9% to 75.4% over the past 5 years.

Debt Coverage: AKPI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AKPI's interest payments on its debt are well covered by EBIT (4x coverage).

Balance Sheet

Dividend

What is Argha Karya Prima Industry 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
Future Dividend Coverage

2.70%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AKPI's dividend (2.7%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: AKPI's dividend (2.7%) is low compared to the top 25% of dividend payers in the ID market (4.15%).

Stability and Growth of Payments

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

Growing Dividend: AKPI's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.4%), AKPI's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: AKPI is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

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

17.9yrs

Average board tenure

CEO

Wilson Pribadi (70 yo)

20.92yrs

Tenure

Mr. Wilson Pribadi has been the President Director of PT Argha Karya Prima Industry Tbk (Alternate Name: Argha Karya Prima) since June 27, 2001 and serves as Managing Director. He previously held Managing...

Board Members

Experienced Board: AKPI's board of directors are seasoned and experienced ( 17.9 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31