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SMCB

Solusi Bangun Indonesia IDX:SMCB Stock Report

Last Price

Rp1.57k

Market Cap

Rp14.1t

7D

-1.6%

1Y

-9.5%

Updated

23 May, 2022

Data

Company Financials
SMCB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

SMCB Stock Overview

PT Solusi Bangun Indonesia Tbk, together with its subsidiaries, produces and distributes cement, ready-mixed concrete, and aggregates in Indonesia and internationally.

Solusi Bangun Indonesia Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solusi Bangun Indonesia
Historical stock prices
Current Share PriceRp1,565.00
52 Week HighRp1,970.00
52 Week LowRp1,530.00
Beta1.0
1 Month Change-7.12%
3 Month Change-6.57%
1 Year Change-9.54%
3 Year Change5.39%
5 Year Change88.55%
Change since IPO88.88%

Recent News & Updates

Shareholder Returns

SMCBID Basic MaterialsID Market
7D-1.6%-2.8%2.2%
1Y-9.5%6.3%17.3%

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

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

Price Volatility

Is SMCB's price volatile compared to industry and market?
SMCB volatility
SMCB Average Weekly Movement2.8%
Basic Materials Industry Average Movement4.8%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
19712,281Lilik Raharjohttps://solusibangunindonesia.com

PT Solusi Bangun Indonesia Tbk, together with its subsidiaries, produces and distributes cement, ready-mixed concrete, and aggregates in Indonesia and internationally. The company operates through three segments: Cement, Readymix Concrete and Aggregates Quarry, and Other Construction Services. It offers cement and mortar, as well as coarse, fine, and other aggregates.

Solusi Bangun Indonesia Fundamentals Summary

How do Solusi Bangun Indonesia's earnings and revenue compare to its market cap?
SMCB fundamental statistics
Market CapRp14.12t
Earnings (TTM)Rp720.93b
Revenue (TTM)Rp11.22t

19.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMCB income statement (TTM)
RevenueRp11.22t
Cost of RevenueRp8.37t
Gross ProfitRp2.85t
Other ExpensesRp2.13t
EarningsRp720.93b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)79.93
Gross Margin25.38%
Net Profit Margin6.43%
Debt/Equity Ratio39.2%

How did SMCB perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is Solusi Bangun Indonesia 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SMCB (IDR1565) is trading below our estimate of fair value (IDR5347.36)

Significantly Below Fair Value: SMCB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SMCB is good value based on its PE Ratio (19.6x) compared to the ID Basic Materials industry average (21.4x).

PE vs Market: SMCB is poor value based on its PE Ratio (19.6x) compared to the ID market (18.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SMCB's PB Ratio (1.3x) is in line with the ID Basic Materials industry average.


Future Growth

How is Solusi Bangun Indonesia 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


15.7%

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 Solusi Bangun Indonesia 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 Solusi Bangun Indonesia performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


58.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SMCB has high quality earnings.

Growing Profit Margin: SMCB's current net profit margins (6.4%) are lower than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: SMCB has become profitable over the past 5 years, growing earnings by 58.2% per year.

Accelerating Growth: SMCB's earnings growth over the past year (10.7%) is below its 5-year average (58.2% per year).

Earnings vs Industry: SMCB earnings growth over the past year (10.7%) exceeded the Basic Materials industry -7.8%.


Return on Equity

High ROE: SMCB's Return on Equity (6.4%) is considered low.


Financial Health

How is Solusi Bangun Indonesia'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: SMCB's short term assets (IDR5,238.3B) exceed its short term liabilities (IDR3,899.4B).

Long Term Liabilities: SMCB's short term assets (IDR5,238.3B) do not cover its long term liabilities (IDR6,410.1B).


Debt to Equity History and Analysis

Debt Level: SMCB's net debt to equity ratio (36.6%) is considered satisfactory.

Reducing Debt: SMCB's debt to equity ratio has reduced from 102.3% to 39.2% over the past 5 years.

Debt Coverage: SMCB's debt is well covered by operating cash flow (35.1%).

Interest Coverage: SMCB's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Dividend

What is Solusi Bangun Indonesia 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


1.53%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SMCB's dividend (1.53%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: SMCB's dividend (1.53%) is low compared to the top 25% of dividend payers in the ID market (4.15%).


Stability and Growth of Payments

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

Growing Dividend: SMCB's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.4%), SMCB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.6%), SMCB's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.2yrs

Average management tenure


CEO

Lilik Raharjo (55 yo)

0.25

Tenure

Mr. Lilik Unggul Raharjo serves as President Director at PT Solusi Bangun Indonesia Tbk since February 2022. He serves as Director of Manufacturing at PT Solusi Bangun Indonesia Tbk (formerly known as PT H...


Leadership Team

Experienced Management: SMCB's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: SMCB's board of directors are not considered experienced ( 0.4 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 been diluted in the past year, with total shares outstanding growing by 17.7%.


Top Shareholders

Company Information

PT Solusi Bangun Indonesia Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Solusi Bangun Indonesia Tbk
  • Ticker: SMCB
  • Exchange: IDX
  • Founded: 1971
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: Rp14.115t
  • Shares outstanding: 9.02b
  • Website: https://solusibangunindonesia.com

Number of Employees


Location

  • PT Solusi Bangun Indonesia Tbk
  • Talavera Suite Building
  • 15th Floor
  • Jakarta
  • Jakarta Raya
  • 12430
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.