Indocement Tunggal Prakarsa (IDX:INTP) - Share price, News & Analysis

INTP fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	1/6
Financial Health	6/6
Dividends	3/6

INTP Stock Overview

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement and ready mix concrete products in Indonesia and internationally.

Rewards

Earnings are forecast to grow 17.61% per year

Risk Analysis

Dividend of 7.2% is not well covered by earnings or forecast to be in the next 3 years

Indocement Tunggal Prakarsa Competitors

Cemindo Gemilang

IDX:CMNT

Rp14.5t

Solusi Bangun Indonesia

IDX:SMCB

Rp14.1t

Semen Baturaja (Persero)

IDX:SMBR

Rp4.7t

Holcim

SWX:HOLN

CHF28.7b

Price History & Performance

Summary of all time highs, changes and price drops for Indocement Tunggal Prakarsa
Historical stock prices
Current Share Price	Rp10,075.00
52 Week High	Rp12,950.00
52 Week Low	Rp8,800.00
Beta	0.86
1 Month Change	-0.74%
3 Month Change	-9.64%
1 Year Change	-13.89%
3 Year Change	-49.56%
5 Year Change	-45.83%
Change since IPO	328.72%

Shareholder Returns

	INTP	ID Basic Materials	ID Market
7D	4.4%	-2.8%	2.2%
1Y	-13.9%	6.3%	17.3%

Return vs Industry: INTP underperformed the ID Basic Materials industry which returned 6.6% over the past year.

Return vs Market: INTP underperformed the ID Market which returned 18.2% over the past year.

Price Volatility

Is INTP's price volatile compared to industry and market?
INTP volatility
INTP Average Weekly Movement	5.0%
Basic Materials Industry Average Movement	4.8%
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: INTP is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

Founded	Employees	CEO	Website
1975	4,710	Christian Kartawijaya	https://www.indocement.co.id

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement and ready mix concrete products in Indonesia and internationally. It operates in three segments: Cement, Ready-Mix Concrete, and Aggregates Quarries. The company offers Portland composite, Portland type I, II, and V, oil well, white, and TR30 white mortar cement products, as well as multipurpose mortar, thinbed, and plester plus under the Tiga Roda, Rajawali, and Duracem brands.

Indocement Tunggal Prakarsa Fundamentals Summary

How do Indocement Tunggal Prakarsa's earnings and revenue compare to its market cap?
INTP fundamental statistics
Market Cap	Rp35.52t
Earnings (TTM)	Rp1.62t
Revenue (TTM)	Rp14.89t

21.9x

P/E Ratio

2.4x

P/S Ratio

Is INTP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
INTP income statement (TTM)
Revenue	Rp14.89t
Cost of Revenue	Rp9.90t
Gross Profit	Rp4.99t
Other Expenses	Rp3.37t
Earnings	Rp1.62t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	459.47
Gross Margin	33.49%
Net Profit Margin	10.88%
Debt/Equity Ratio	0%

How did INTP perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

112%

Payout Ratio

Valuation

Is Indocement Tunggal Prakarsa 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

21.93x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: INTP (IDR10075) is trading above our estimate of fair value (IDR6255.07)

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

Price To Earnings Ratio

PE vs Industry: INTP is poor value based on its PE Ratio (21.9x) compared to the ID Basic Materials industry average (21.4x).

PE vs Market: INTP is poor value based on its PE Ratio (21.9x) compared to the ID market (18.5x).

Price to Earnings Growth Ratio

PEG Ratio: INTP is poor value based on its PEG Ratio (1.2x)

Price to Book Ratio

PB vs Industry: INTP is overvalued based on its PB Ratio (1.7x) compared to the ID Basic Materials industry average (1.4x).

Future Growth

How is Indocement Tunggal Prakarsa forecast to perform in the next 1 to 3 years based on estimates from 17 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

17.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: INTP's forecast earnings growth (17.6% per year) is above the savings rate (7%).

Earnings vs Market: INTP's earnings (17.6% per year) are forecast to grow faster than the ID market (10.9% per year).

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

Revenue vs Market: INTP's revenue (6.5% per year) is forecast to grow slower than the ID market (11.3% per year).

High Growth Revenue: INTP's revenue (6.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: INTP's Return on Equity is forecast to be low in 3 years time (9.8%).

Past Performance

How has Indocement Tunggal Prakarsa performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-4.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INTP has high quality earnings.

Growing Profit Margin: INTP's current net profit margins (10.9%) are lower than last year (12.3%).

Past Earnings Growth Analysis

Earnings Trend: INTP's earnings have declined by 4.4% per year over the past 5 years.

Accelerating Growth: INTP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INTP had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Basic Materials industry average (-7.8%).

Return on Equity

High ROE: INTP's Return on Equity (7.9%) is considered low.

Financial Health

How is Indocement Tunggal Prakarsa'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: INTP's short term assets (IDR10,858.6B) exceed its short term liabilities (IDR4,191.5B).

Long Term Liabilities: INTP's short term assets (IDR10,858.6B) exceed its long term liabilities (IDR1,165.7B).

Debt to Equity History and Analysis

Debt Level: INTP is debt free.

Reducing Debt: INTP has not had any debt for past 5 years.

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

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

Balance Sheet

Dividend

What is Indocement Tunggal Prakarsa current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

7.20%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: INTP's dividend (7.2%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: INTP's dividend (7.2%) is in the top 25% of dividend payers in the ID market (4.15%)

Stability and Growth of Payments

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

Growing Dividend: INTP's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (112.3%), INTP's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (167.1%), INTP's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

Management

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

4.3yrs

Average management tenure

CEO

Christian Kartawijaya (53 yo)

8yrs

Tenure

Mr. Christian Kartawijaya has been President Director of Indocement Tunggal Prakarsa Tbk Pt since May 1, 2014 and its Director since January 1, 2014. Mr. Kartawijaya served as Director of Finance and Deput...

Leadership Team

Experienced Management: INTP's management team is considered experienced (4.3 years average tenure).

Board Members

Experienced Board: INTP's board of directors are considered experienced (8.9 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	2022/03/31
Annual Earnings	2021/12/31