Panca Budi Idaman (IDX:PBID) - Share price, News & Analysis

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

PBID Stock Overview

PT Panca Budi Idaman Tbk manufactures, distributes, and trades in plastic packaging items.

Rewards

Trading at 18.9% below our estimate of its fair value

Risk Analysis

High level of non-cash earnings

Dividend of 6.59% is not well covered by earnings

Panca Budi Idaman Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Panca Budi Idaman
Historical stock prices
Current Share Price	Rp1,670.00
52 Week High	Rp2,250.00
52 Week Low	Rp1,570.00
Beta	0.53
1 Month Change	-4.84%
3 Month Change	2.14%
1 Year Change	-0.60%
3 Year Change	54.63%
5 Year Change	n/a
Change since IPO	89.77%

Shareholder Returns

	PBID	ID Packaging	ID Market
7D	-6.2%	-0.4%	0.5%
1Y	-0.6%	34.7%	16.4%

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

Return vs Market: PBID underperformed the ID Market which returned 16.4% over the past year.

Price Volatility

Is PBID's price volatile compared to industry and market?
PBID volatility
PBID Average Weekly Movement	3.1%
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: PBID is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

Founded	Employees	CEO	Website
1979	4,781	Djonny Taslim	https://www.pancabudi.com

PT Panca Budi Idaman Tbk manufactures, distributes, and trades in plastic packaging items. The company operates through Plastic Packaging, Plastic Resins, and Others segments. It provides polyethylene and polypropylene bags; high density polyethylene resins; and heavy-duty sacks, as well as packaging products, such as food wrapping papers, cake boxes, plastic ropes, rubber bands, and straws.

Panca Budi Idaman Fundamentals Summary

How do Panca Budi Idaman's earnings and revenue compare to its market cap?
PBID fundamental statistics
Market Cap	Rp3.13t
Earnings (TTM)	Rp405.90b
Revenue (TTM)	Rp4.64t

7.7x

P/E Ratio

0.7x

P/S Ratio

Is PBID overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBID income statement (TTM)
Revenue	Rp4.64t
Cost of Revenue	Rp3.76t
Gross Profit	Rp882.41b
Other Expenses	Rp476.52b
Earnings	Rp405.90b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	216.48
Gross Margin	19.01%
Net Profit Margin	8.74%
Debt/Equity Ratio	6.9%

How did PBID perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

46%

Payout Ratio

Valuation

Is Panca Budi Idaman 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

18.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PBID (IDR1670) is trading below our estimate of fair value (IDR2057.94)

Significantly Below Fair Value: PBID is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: PBID is good value based on its Price-To-Earnings Ratio (7.7x) compared to the ID Packaging industry average (15x).

PE vs Market: PBID is good value based on its Price-To-Earnings Ratio (7.7x) compared to the ID market (18.4x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: PBID is overvalued based on its Price-To-Book Ratio (1.3x) compared to the ID Packaging industry average (0.9x).

Future Growth

How is Panca Budi Idaman 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 Panca Budi Idaman 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 Panca Budi Idaman 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

17.3%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: PBID's current net profit margins (8.7%) are lower than last year (11%).

Past Earnings Growth Analysis

Earnings Trend: PBID's earnings have grown by 17.3% per year over the past 5 years.

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

Earnings vs Industry: PBID had negative earnings growth (-5.9%) over the past year, making it difficult to compare to the Packaging industry average (23.1%).

Return on Equity

High ROE: PBID's Return on Equity (17%) is considered low.

Financial Health

How is Panca Budi Idaman'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: PBID's short term assets (IDR1,788.4B) exceed its short term liabilities (IDR480.4B).

Long Term Liabilities: PBID's short term assets (IDR1,788.4B) exceed its long term liabilities (IDR98.7B).

Debt to Equity History and Analysis

Debt Level: PBID has more cash than its total debt.

Reducing Debt: PBID's debt to equity ratio has reduced from 36.4% to 6.9% over the past 5 years.

Debt Coverage: PBID's debt is well covered by operating cash flow (23.4%).

Interest Coverage: PBID earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Panca Budi Idaman 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

6.59%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PBID's dividend (6.59%) is higher than the bottom 25% of dividend payers in the ID market (1.14%).

High Dividend: PBID's dividend (6.59%) is in the top 25% of dividend payers in the ID market (4.16%)

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, PBID has been paying a dividend for less than 10 years.

Growing Dividend: PBID's dividend payments have increased, but the company has only paid a dividend for 4 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.2%), PBID's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: PBID 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?

5.3yrs

Average management tenure

CEO

Djonny Taslim (62 yo)

5.33yrs

Tenure

Mr. Djonny Taslim has been President Director of PT Panca Budi Idaman Tbk since 2017. Before serving as President Director, Mr. Taslim has held several positions as follows: Founder of UD Panca Budi since...

Leadership Team

Experienced Management: PBID's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Experienced Board: PBID's board of directors are considered experienced (5.3 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/27 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31