Waskita Beton Precast (IDX:WSBP) - Share price, News & Analysis

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

WSBP Stock Overview

PT Waskita Beton Precast Tbk engages in the manufacture and sale of precast, ready mix concrete, and quarry.

Risk Analysis

Earnings have declined by 65.3% per year over past 5 years

Has less than 1 year of cash runway

Shares are highly illiquid

Waskita Beton Precast Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Waskita Beton Precast
Historical stock prices
Current Share Price	Rp95.00
52 Week High	Rp210.00
52 Week Low	Rp90.00
Beta	1.75
1 Month Change	0%
3 Month Change	0%
1 Year Change	-52.97%
3 Year Change	-78.41%
5 Year Change	-80.85%
Change since IPO	-82.41%

Shareholder Returns

	WSBP	ID Basic Materials	ID Market
7D	0%	-2.8%	2.2%
1Y	-53.0%	6.3%	17.3%

Return vs Industry: WSBP underperformed the ID Basic Materials industry which returned -1.5% over the past year.

Return vs Market: WSBP underperformed the ID Market which returned 19% over the past year.

Price Volatility

Is WSBP's price volatile compared to industry and market?
WSBP volatility
WSBP Average Weekly Movement	n/a
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: Insufficient data to determine WSBP's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine WSBP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	310	FX Ratsunu	https://web.waskitaprecast.co.id

PT Waskita Beton Precast Tbk engages in the manufacture and sale of precast, ready mix concrete, and quarry. It operates through three segments: Precast concrete, Ready Mix concrete, and Construction Services. The company provides girders, spun and square piles, concrete barriers, U and L-gutters, U-ditches, box culverts, diaphragm walls, spider web foundations, CCSPs and FCSPs, pier head precast, full and half slabs, deck and voided slabs, pile caps, electric poles, railway sleeper types, sprigWP, RC pipes, tetra pods, facades, jacking pipes, precast column blocks, and linings.

Waskita Beton Precast Fundamentals Summary

How do Waskita Beton Precast's earnings and revenue compare to its market cap?
WSBP fundamental statistics
Market Cap	Rp2.33t
Earnings (TTM)	-Rp3.90t
Revenue (TTM)	Rp1.52t

1.5x

P/S Ratio

-0.6x

P/E Ratio

Is WSBP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
WSBP income statement (TTM)
Revenue	Rp1.52t
Cost of Revenue	Rp4.88t
Gross Profit	-Rp3.36t
Other Expenses	Rp531.65b
Earnings	-Rp3.90t

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-158.94
Gross Margin	-221.48%
Net Profit Margin	-256.48%
Debt/Equity Ratio	678.1%

How did WSBP perform over the long term?

See historical performance and comparison

Valuation

Is Waskita Beton Precast 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

2.66x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WSBP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate WSBP's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: WSBP is unprofitable, so we can't compare its PE Ratio to the ID Basic Materials industry average.

PE vs Market: WSBP is unprofitable, so we can't compare its PE Ratio to the ID market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: WSBP is overvalued based on its PB Ratio (2.7x) compared to the ID Basic Materials industry average (1.4x).

Future Growth

How is Waskita Beton Precast 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 Waskita Beton Precast 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 Waskita Beton Precast performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

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

-65.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WSBP is currently unprofitable.

Growing Profit Margin: WSBP is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: WSBP is unprofitable, and losses have increased over the past 5 years at a rate of 65.3% per year.

Accelerating Growth: Unable to compare WSBP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WSBP is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (10.7%).

Return on Equity

High ROE: WSBP has a negative Return on Equity (-444.45%), as it is currently unprofitable.

Financial Health

How is Waskita Beton Precast's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: WSBP's short term assets (IDR4,670.3B) do not cover its short term liabilities (IDR7,656.2B).

Long Term Liabilities: WSBP's short term assets (IDR4,670.3B) exceed its long term liabilities (IDR1,528.6B).

Debt to Equity History and Analysis

Debt Level: WSBP's net debt to equity ratio (672.6%) is considered high.

Reducing Debt: WSBP's debt to equity ratio has increased from 43% to 678.1% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WSBP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WSBP has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.8% each year.

Dividend

What is Waskita Beton Precast 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 WSBP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WSBP'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 WSBP's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

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

Discover strong dividend paying companies

Management

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

3.3yrs

Average management tenure

CEO

FX Ratsunu (53 yo)

0.33

Tenure

Mr. FX Poerbayu Ratsunu serves as President Director at PT Waskita Beton Precast Tbk since December 17, 2021 and serves as its Director since September 17, 2020 and also served as its Director of Marketing...

Leadership Team

Experienced Management: WSBP's management team is considered experienced (3.3 years average tenure).

Board Members

Experienced Board: WSBP's board of directors are not considered experienced ( 1 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	2022/04/27 00:00
End of Day Share Price	2022/01/28 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31