Semen Baturaja (Persero) (IDX:SMBR) - Share price, News & Analysis

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

SMBR Stock Overview

PT Semen Baturaja (Persero) Tbk produces and distributes cement in Indonesia.

Risk Analysis

Earnings have declined by 31.7% per year over past 5 years

Profit margins (2.5%) are lower than last year (5.2%)

Semen Baturaja (Persero) Competitors

Semen Indonesia (Persero)

IDX:SMGR

Rp36.9t

Indocement Tunggal Prakarsa

IDX:INTP

Rp34.6t

Solusi Bangun Indonesia

IDX:SMCB

Rp14.3t

Holcim

SWX:HOLN

CHF28.5b

Price History & Performance

Summary of all time highs, changes and price drops for Semen Baturaja (Persero)
Historical stock prices
Current Share Price	Rp474.00
52 Week High	Rp860.00
52 Week Low	Rp460.00
Beta	2.99
1 Month Change	-4.82%
3 Month Change	-16.84%
1 Year Change	-32.29%
3 Year Change	-25.35%
5 Year Change	-85.28%
Change since IPO	-16.84%

Shareholder Returns

	SMBR	ID Basic Materials	ID Market
7D	0.4%	3.0%	-1.0%
1Y	-32.3%	12.0%	18.2%

Return vs Industry: SMBR underperformed the ID Basic Materials industry which returned 12% over the past year.

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

Price Volatility

Is SMBR's price volatile compared to industry and market?
SMBR volatility
SMBR Average Weekly Movement	4.9%
Basic Materials Industry Average Movement	5.0%
Market Average Movement	6.3%
10% most volatile stocks in ID Market	12.2%
10% least volatile stocks in ID Market	3.0%

Stable Share Price: SMBR is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

Founded	Employees	CEO	Website
1974	906	- Daconi	https://semenbaturaja.co.id

PT Semen Baturaja (Persero) Tbk produces and distributes cement in Indonesia. It offers ordinary Portland cement type I, II, and V, as well as Portland composite cement; mortar cement; and white clay products. The company was founded in 1974 and is headquartered in Palembang, Indonesia.

Semen Baturaja (Persero) Fundamentals Summary

How do Semen Baturaja (Persero)'s earnings and revenue compare to its market cap?
SMBR fundamental statistics
Market Cap	Rp4.71t
Earnings (TTM)	Rp43.39b
Revenue (TTM)	Rp1.76t

108.5x

P/E Ratio

2.7x

P/S Ratio

Is SMBR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMBR income statement (TTM)
Revenue	Rp1.76t
Cost of Revenue	Rp1.00t
Gross Profit	Rp762.67b
Other Expenses	Rp719.28b
Earnings	Rp43.39b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	4.37
Gross Margin	43.23%
Net Profit Margin	2.46%
Debt/Equity Ratio	47.1%

How did SMBR perform over the long term?

See historical performance and comparison

Valuation

Is Semen Baturaja (Persero) 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

108.51x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: SMBR (IDR474) is trading above our estimate of fair value (IDR237.77)

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

Price To Earnings Ratio

PE vs Industry: SMBR is poor value based on its PE Ratio (108.5x) compared to the ID Basic Materials industry average (21.4x).

PE vs Market: SMBR is poor value based on its PE Ratio (108.5x) compared to the ID market (18.9x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: SMBR's PB Ratio (1.4x) is in line with the ID Basic Materials industry average.

Future Growth

How is Semen Baturaja (Persero) 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

15.5%

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 Semen Baturaja (Persero) 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 Semen Baturaja (Persero) 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

-31.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SMBR has high quality earnings.

Growing Profit Margin: SMBR's current net profit margins (2.5%) are lower than last year (5.2%).

Past Earnings Growth Analysis

Earnings Trend: SMBR's earnings have declined by 31.7% per year over the past 5 years.

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

Earnings vs Industry: SMBR had negative earnings growth (-53.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-7.8%).

Return on Equity

High ROE: SMBR's Return on Equity (1.2%) is considered low.

Financial Health

How is Semen Baturaja (Persero)'s financial position?

Financial Health Score

3/6

Financial Health Score 3/6

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

Financial Position Analysis

Short Term Liabilities: SMBR's short term assets (IDR1,405.4B) exceed its short term liabilities (IDR458.1B).

Long Term Liabilities: SMBR's short term assets (IDR1,405.4B) do not cover its long term liabilities (IDR1,931.5B).

Debt to Equity History and Analysis

Debt Level: SMBR's net debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: SMBR's debt to equity ratio has increased from 25.7% to 47.1% over the past 5 years.

Debt Coverage: SMBR's debt is well covered by operating cash flow (22.3%).

Interest Coverage: SMBR's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Balance Sheet

Dividend

What is Semen Baturaja (Persero) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SMBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SMBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SMBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SMBR's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: SMBR is not paying a notable dividend for the ID market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SMBR has not reported any payouts.

Discover strong dividend paying companies

Management

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

0.2yrs

Average management tenure

CEO

- Daconi (50 yo)

0.17

Tenure

Rp2,241,743,945

Compensation

Engineer - Daconi, S.T., M.M., serves as Director since April 27, 2017 and President Director since March 25, 2022 at PT Semen Baturaja (Persero) Tbk. He had been Director of Production and Development at...

CEO Compensation Analysis

Compensation vs Market: -'s total compensation ($USD152.20K) is below average for companies of similar size in the ID market ($USD243.85K).

Compensation vs Earnings: -'s compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: SMBR's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.

Board Members

Experienced Board: SMBR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

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	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31