IDX:MSKY

Stock Analysis Report

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Executive Summary

PT MNC Sky Vision Tbk, together with its subsidiaries, provides satellite based pay television services in Indonesia. More Details

Rewards

Earnings have grown 33.6% per year over the past 5 years

Risk Analysis

No risks detected for MSKY from our risk checks.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has MNC Sky Vision's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSKY is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MSKY's weekly volatility has decreased from 14% to 7% over the past year.


Market Performance


7 Day Return

-1.4%

MSKY

0.02%

ID Media

2.7%

ID Market


1 Year Return

-26.6%

MSKY

2.4%

ID Media

-7.4%

ID Market

Return vs Industry: MSKY underperformed the ID Media industry which returned 0.8% over the past year.

Return vs Market: MSKY underperformed the ID Market which returned -9.8% over the past year.


Shareholder returns

MSKYIndustryMarket
7 Day-1.4%0.02%2.7%
30 Day-4.8%12.8%11.1%
90 Day-29.9%20.5%5.3%
1 Year-26.6%-26.6%2.7%2.4%-4.7%-7.4%
3 Year-26.6%-26.6%-25.0%-27.0%-2.9%-10.6%
5 Year-50.2%-50.2%-39.3%-42.4%31.8%16.0%

Long-Term Price Volatility Vs. Market

How volatile is MNC Sky Vision's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MNC Sky Vision undervalued compared to its fair value and its price relative to the market?

2.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MSKY (IDR690) is trading above our estimate of fair value (IDR14.32)

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


Price To Earnings Ratio

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

PE vs Market: MSKY 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 MSKY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MSKY is overvalued based on its PB Ratio (2.5x) compared to the ID Media industry average (0.8x).


Next Steps

Future Growth

How is MNC Sky Vision forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.7%

Forecasted Media 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 MNC Sky Vision 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.


Next Steps

Past Performance

How has MNC Sky Vision performed over the past 5 years?

33.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSKY is currently unprofitable.

Growing Profit Margin: MSKY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSKY is unprofitable, but has reduced losses over the past 5 years at a rate of 33.6% per year.

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

Earnings vs Industry: MSKY is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-8%).


Return on Equity

High ROE: MSKY has a negative Return on Equity (-2.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is MNC Sky Vision's financial position?


Financial Position Analysis

Short Term Liabilities: MSKY's short term assets (IDR819.2B) exceed its short term liabilities (IDR814.0B).

Long Term Liabilities: MSKY's short term assets (IDR819.2B) exceed its long term liabilities (IDR643.1B).


Debt to Equity History and Analysis

Debt Level: MSKY's debt to equity ratio (26.1%) is considered satisfactory.

Reducing Debt: MSKY's debt to equity ratio has reduced from 251% to 26.1% 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: Whilst unprofitable MSKY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MSKY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.8% per year.


Next Steps

Dividend

What is MNC Sky Vision current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: MSKY is not paying a notable dividend for the ID market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MSKY's dividend in 3 years as they are not forecast to pay a notable one for the ID market.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Ade Tjendra (41 yo)

no data

Tenure

Mr. Ade Tjendra has been President Director at PT MNC Sky Vision Tbk since 2019. He serves as President Director at PT MNC Vision Networks Tbk since 2019. He has many years of experience in the Media and T...


Leadership Team

NamePositionTenureCompensationOwnership
Ade Tjendra
President Directorno datano datano data
Herman Kusno
Director of Finance & Accounting4yrsno datano data
Salvona Situmeang
Director of Operations & Director11.42yrsno datano data
Jeff Gunarso
Head of Legal Division & Corporate Secretaryno datano datano data
Dhini Widhiastuti
Director of Marketing & Programming5.5yrsno datano data
Budiman Hartanu
Director of Sales & Director4yrsno datano data
Vera Tanamihardja
VP of Human Resources & Director1.83yrsno datano data
Yohanes Verry
Head of Training & Development Divisionno datano datano data
Chen Nie Oey
Head of Purchasing Departmentno datano datano data
Chairul Kurniadi
Head of Internal Audit4.83yrsno datano data
Glenna Dumasari
Head of Life Channel Departmentno datano datano data
Muharzi Hasril
Corporate Secretaryno datano datano data

4.5yrs

Average Tenure

47.5yo

Average Age

Experienced Management: MSKY's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ade Tjendra
President Directorno datano datano data
Salvona Situmeang
Director of Operations & Director11.42yrsno datano data
Budiman Hartanu
Director of Sales & Director4yrsno datano data
Vera Tanamihardja
VP of Human Resources & Director1.83yrsno datano data
Ahmad Rofiq
Independent Commissioner6.08yrsno datano data
Ruby Budiman
Independent Director5.5yrsno datano data
Mashudi Hamka
Commissioner0.83yrno datano data
Hari Susanto
President Commissioner1.83yrsno datano data
Janis Gunawan
Director1.83yrsno datano data
Fransisca Setianinggar
Director0.83yrno datano data

1.8yrs

Average Tenure

53.5yo

Average Age

Experienced Board: MSKY'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.


Top Shareholders

Company Information

PT MNC Sky Vision Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT MNC Sky Vision Tbk
  • Ticker: MSKY
  • Exchange: IDX
  • Founded: 1988
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: Rp6.881t
  • Shares outstanding: 9.97b
  • Website: https://www.mncvision.id

Number of Employees


Location

  • PT MNC Sky Vision Tbk
  • MNC Vision Tower
  • Jl. Raya Panjang Z/III
  • Jakarta
  • 11520
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSKYIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRJul 2012
MS9BST (Boerse-Stuttgart)YesOrdinary SharesDEEURJul 2012

Biography

PT MNC Sky Vision Tbk, together with its subsidiaries, provides satellite based pay television services in Indonesia. The company distributes approximately 140 local and international channels in various c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 15:13
End of Day Share Price2020/11/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.