Announcement • May 07
PT Roda Vivatex Tbk, Annual General Meeting, Jun 23, 2026 PT Roda Vivatex Tbk, Annual General Meeting, Jun 23, 2026. Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: Rp1,306 (vs Rp1,075 in FY 2024) Full year 2025 results: EPS: Rp1,306 (up from Rp1,075 in FY 2024). Revenue: Rp570.2b (up 7.5% from FY 2024). Net income: Rp352.1b (up 22% from FY 2024). Profit margin: 62% (up from 54% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Recent Insider Transactions • Mar 11
Insider recently bought Rp52m worth of stock On the 6th of March, Turniady Widjaja bought around 3k shares on-market at roughly Rp16,886 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp320m. Insiders have collectively bought Rp703m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 06
Insider recently bought Rp320m worth of stock On the 3rd of February, Turniady Widjaja bought around 18k shares on-market at roughly Rp17,481 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.2b more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to Rp13,800, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 27x in the Real Estate industry in Indonesia. Total returns to shareholders of 47% over the past three years. Recent Insider Transactions • Jan 21
Insider recently bought Rp85m worth of stock On the 15th of January, Turniady Widjaja bought around 5k shares on-market at roughly Rp16,900 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp625m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to Rp16,450, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 32x in the Real Estate industry in Indonesia. Total returns to shareholders of 43% over the past three years. Upcoming Dividend • Jan 02
Upcoming dividend of Rp200 per share Eligible shareholders must have bought the stock before 09 January 2026. Payment date: 21 January 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (1.5%). Recent Insider Transactions • Dec 05
Insider recently bought Rp2.4m worth of stock On the 2nd of December, Turniady Widjaja bought around 200 shares on-market at roughly Rp12,175 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp3.7m. Insiders have collectively bought Rp540m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: Rp370 (vs Rp190 in 3Q 2024) Third quarter 2025 results: EPS: Rp370 (up from Rp190 in 3Q 2024). Revenue: Rp142.2b (up 6.2% from 3Q 2024). Net income: Rp99.4b (up 95% from 3Q 2024). Profit margin: 70% (up from 38% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 09
PT Roda Vivatex Tbk, Annual General Meeting, Jan 30, 2025 PT Roda Vivatex Tbk, Annual General Meeting, Jan 30, 2025. Location: rdtx square lt. 20 (ex menara standard chartered), jl. prof. dr. satrio no. 164 jakarta selatan kota, adm. jakarta selatan dki., jakarta indonesia, jakarta Indonesia Recent Insider Transactions • Nov 06
Insider recently bought Rp450m worth of stock On the 28th of October, Sutiadi Widjaja bought around 30k shares on-market at roughly Rp15,000 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.8b more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 06
Insider recently bought Rp72m worth of stock On the 2nd of September, Sutiadi Widjaja bought around 5k shares on-market at roughly Rp14,375 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp176m. Insiders have collectively bought Rp1.5b more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 24
Insider recently bought Rp176m worth of stock On the 19th of August, Sutiadi Widjaja bought around 12k shares on-market at roughly Rp14,328 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.3b more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 28
Insider recently bought Rp92m worth of stock On the 25th of July, Sutiadi Widjaja bought around 7k shares on-market at roughly Rp14,198 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp1.0b more in shares than they have sold in the last 12 months. Announcement • May 09
PT Roda Vivatex Tbk, Annual General Meeting, Jun 24, 2024 PT Roda Vivatex Tbk, Annual General Meeting, Jun 24, 2024. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: Rp236 (vs Rp235 in 1Q 2023) First quarter 2024 results: EPS: Rp236 (up from Rp235 in 1Q 2023). Revenue: Rp126.9b (up 2.9% from 1Q 2023). Net income: Rp69.9b (up 11% from 1Q 2023). Profit margin: 55% (up from 51% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: Rp1,130 (vs Rp1,009 in FY 2022) Full year 2023 results: EPS: Rp1,130 (up from Rp1,009 in FY 2022). Revenue: Rp533.3b (up 4.7% from FY 2022). Net income: Rp303.7b (up 12% from FY 2022). Profit margin: 57% (up from 53% in FY 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 28
Insider recently bought Rp761m worth of stock On the 19th of March, Sutiadi Widjaja bought around 53k shares on-market at roughly Rp14,490 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp922m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 16
Insider recently bought Rp5.6m worth of stock On the 13th of March, Sutiadi Widjaja bought around 400 shares on-market at roughly Rp14,075 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Rp87m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 13
Insider recently bought Rp2.8m worth of stock On the 5th of January, Sutiadi Widjaja bought around 200 shares on-market at roughly Rp14,050 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth Rp8.8m. Insiders have collectively bought Rp82m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 15
Insider recently bought Rp6.0m worth of stock On the 7th of December, Turniady Widjaja bought around 400 shares on-market at roughly Rp15,050 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp34m. Insiders have collectively bought Rp3.6b more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 30
Insider recently bought Rp3.1m worth of stock On the 27th of November, Turniady Widjaja bought around 200 shares on-market at roughly Rp15,575 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp34m. Insiders have collectively bought Rp3.6b more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 17
Insider recently bought Rp8.6m worth of stock On the 15th of November, Turniady Widjaja bought around 600 shares on-market at roughly Rp14,329 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp34m. Insiders have collectively bought Rp3.6b more in shares than they have sold in the last 12 months. Buying Opportunity • Nov 13
Now 23% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be Rp18,263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 9.4%. Recent Insider Transactions • Nov 10
Insider recently bought Rp8.8m worth of stock On the 6th of November, Turniady Widjaja bought around 600 shares on-market at roughly Rp14,746 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth Rp34m. Insiders have collectively bought Rp3.6b more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp15,275, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 15x in the Real Estate industry in Indonesia. Total returns to shareholders of 231% over the past three years. Buying Opportunity • Oct 11
Now 22% undervalued Over the last 90 days, the stock is up 30%. The fair value is estimated to be Rp18,237, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 9.4%. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp15,100, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 16x in the Real Estate industry in Indonesia. Total returns to shareholders of 201% over the past three years. Buying Opportunity • Sep 25
Now 22% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be Rp18,074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 9.4%. Recent Insider Transactions • Sep 23
Insider recently bought Rp2.8m worth of stock On the 20th of September, Turniady Widjaja bought around 200 shares on-market at roughly Rp13,775 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: Rp318 (vs Rp288 in 2Q 2022) Second quarter 2023 results: EPS: Rp318 (up from Rp288 in 2Q 2022). Revenue: Rp147.4b (up 11% from 2Q 2022). Net income: Rp85.9b (up 11% from 2Q 2022). Profit margin: 58% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 27
Upcoming dividend of Rp725 per share at 2.4% yield Eligible shareholders must have bought the stock before 04 July 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Indonesian dividend payers (5.5%). Lower than average of industry peers (2.9%). Buying Opportunity • Jan 20
Now 24% undervalued Over the last 90 days, the stock is up 38%. The fair value is estimated to be Rp15,746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 32% share price gain to Rp15,800, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 17x in the Real Estate industry in Indonesia. Total returns to shareholders of 242% over the past three years. Upcoming Dividend • Jan 03
Upcoming dividend of Rp280 per share Eligible shareholders must have bought the stock before 10 January 2023. Payment date: 27 January 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Indonesian dividend payers (4.9%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: Rp285 (vs Rp154 in 2Q 2021) Second quarter 2022 results: EPS: Rp285 (up from Rp154 in 2Q 2021). Revenue: Rp133.4b (up 41% from 2Q 2021). Net income: Rp77.4b (up 87% from 2Q 2021). Profit margin: 58% (up from 44% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Buying Opportunity • Jul 26
Now 22% undervalued Over the last 90 days, the stock is up 9.5%. The fair value is estimated to be Rp10,695, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.6%. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 18% share price gain to Rp9,400, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 21x in the Real Estate industry in Indonesia. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 17% share price gain to Rp8,000, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 19x in the Real Estate industry in Indonesia. Total loss to shareholders of 6.8% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 28% share price gain to Rp9,300, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 30x in the Real Estate industry in Indonesia. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 16% share price gain to Rp7,925, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 33x in the Real Estate industry in Indonesia. Total returns to shareholders of 50% over the past three years. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS Rp142 (vs Rp246 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Rp107.4b (down 5.9% from 3Q 2020). Net income: Rp38.8b (down 41% from 3Q 2020). Profit margin: 36% (down from 58% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 17% share price gain to Rp8,000, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 29x in the Real Estate industry in Indonesia. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 24% share price gain to Rp6,675, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 24x in the Real Estate industry in Indonesia. Total returns to shareholders of 28% over the past three years. Is New 90 Day High Low • Jan 27
New 90-day low: Rp5,100 The company is down 14% from its price of Rp5,900 on 22 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: Rp5,200 The company is down 12% from its price of Rp5,900 on 09 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: Rp5,250 The company is down 17% from its price of Rp6,300 on 23 September 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: Rp6,325 The company is up 19% from its price of Rp5,325 on 23 June 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 10.0% over the same period.