Kedawung Setia Industrial (IDX:KDSI) - Share price, News & Analysis

KDSI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

KDSI Stock Overview

PT Kedawung Setia Industrial Tbk manufactures and sells enamel products in Indonesia and internationally.

Rewards

Price-To-Earnings ratio (5.9x) is below the ID market (18.4x)

Earnings have grown 2.6% per year over the past 5 years

Risk Analysis

Dividend of 2.38% is not well covered by earnings

Does not have a meaningful market cap (IDR405B)

Kedawung Setia Industrial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kedawung Setia Industrial
Historical stock prices
Current Share Price	Rp1,000.00
52 Week High	Rp1,195.00
52 Week Low	Rp820.00
Beta	0.20
1 Month Change	0%
3 Month Change	-4.31%
1 Year Change	18.34%
3 Year Change	3.09%
5 Year Change	85.19%
Change since IPO	142.42%

Shareholder Returns

	KDSI	ID Packaging	ID Market
7D	0.5%	-0.4%	0.5%
1Y	18.3%	34.7%	16.4%

Return vs Industry: KDSI underperformed the ID Packaging industry which returned 34.7% over the past year.

Return vs Market: KDSI exceeded the ID Market which returned 16.4% over the past year.

Price Volatility

Is KDSI's price volatile compared to industry and market?
KDSI volatility
KDSI Average Weekly Movement	2.7%
Packaging Industry Average Movement	6.1%
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: KDSI is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

Founded	Employees	CEO	Website
1965	1,520	Permadi Suharto	https://www.kedawungsetia.com

PT Kedawung Setia Industrial Tbk manufactures and sells enamel products in Indonesia and internationally. The company offers enamel houseware, corrugated carton boxes, egg tray boxes, and other products. It also exports its products.

Kedawung Setia Industrial Fundamentals Summary

How do Kedawung Setia Industrial's earnings and revenue compare to its market cap?
KDSI fundamental statistics
Market Cap	Rp405.00b
Earnings (TTM)	Rp72.63b
Revenue (TTM)	Rp2.24t

5.6x

P/E Ratio

0.2x

P/S Ratio

Is KDSI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KDSI income statement (TTM)
Revenue	Rp2.24t
Cost of Revenue	Rp1.91t
Gross Profit	Rp334.54b
Other Expenses	Rp261.90b
Earnings	Rp72.63b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	179.34
Gross Margin	14.93%
Net Profit Margin	3.24%
Debt/Equity Ratio	50.3%

How did KDSI perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is Kedawung Setia Industrial 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

5.58x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: KDSI (IDR1050) is trading above our estimate of fair value (IDR467.71)

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

Price To Earnings Ratio

PE vs Industry: KDSI is good value based on its Price-To-Earnings Ratio (5.9x) compared to the ID Packaging industry average (15x).

PE vs Market: KDSI is good value based on its Price-To-Earnings Ratio (5.9x) compared to the ID market (18.4x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: KDSI is good value based on its Price-To-Book Ratio (0.6x) compared to the ID Packaging industry average (0.9x).

Future Growth

How is Kedawung Setia Industrial 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

20.4%

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 Kedawung Setia Industrial 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 Kedawung Setia Industrial 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

2.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KDSI has high quality earnings.

Growing Profit Margin: KDSI's current net profit margins (3.2%) are higher than last year (3.1%).

Past Earnings Growth Analysis

Earnings Trend: KDSI's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: KDSI's earnings growth over the past year (20.7%) exceeds its 5-year average (2.6% per year).

Earnings vs Industry: KDSI earnings growth over the past year (20.7%) underperformed the Packaging industry 23.1%.

Return on Equity

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

Financial Health

How is Kedawung Setia Industrial's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

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

Financial Position Analysis

Short Term Liabilities: KDSI's short term assets (IDR801.8B) exceed its short term liabilities (IDR429.5B).

Long Term Liabilities: KDSI's short term assets (IDR801.8B) exceed its long term liabilities (IDR199.5B).

Debt to Equity History and Analysis

Debt Level: KDSI's net debt to equity ratio (39.1%) is considered satisfactory.

Reducing Debt: KDSI's debt to equity ratio has reduced from 77.9% to 50.3% over the past 5 years.

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

Interest Coverage: KDSI's interest payments on its debt are well covered by EBIT (4.7x coverage).

Balance Sheet

Dividend

What is Kedawung Setia Industrial 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

2.50%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KDSI's dividend (2.38%) is higher than the bottom 25% of dividend payers in the ID market (1.14%).

High Dividend: KDSI's dividend (2.38%) is low compared to the top 25% of dividend payers in the ID market (4.16%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether KDSI's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if KDSI's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.9%), KDSI's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: KDSI 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?

9.0yrs

Average board tenure

CEO

Permadi Suharto (36 yo)

1.83yrs

Tenure

Mr. Permadi Al. Suharto is a Director of PT Kedawung Setia Industrial Tbk since May 24, 2013 and served as its Business Development & Operational Director. He serves as President Director at PT Kedawung Se...

Board Members

Experienced Board: KDSI's board of directors are considered experienced (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	2022/05/27 00:00
End of Day Share Price	2022/05/25 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31