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LPCK

Lippo Cikarang IDX:LPCK Stock Report

Last Price

Rp1.14k

Market Cap

Rp3.1t

7D

-8.1%

1Y

16.3%

Updated

01 Oct, 2022

Data

Company Financials
LPCK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

LPCK Stock Overview

PT Lippo Cikarang Tbk, together with its subsidiaries, engages in the development of real estate and industrial estate projects in Indonesia.

Lippo Cikarang Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lippo Cikarang
Historical stock prices
Current Share PriceRp1,140.00
52 Week HighRp1,495.00
52 Week LowRp950.00
Beta2.29
1 Month Change-4.60%
3 Month Change9.09%
1 Year Change16.33%
3 Year Change-7.69%
5 Year Change-71.50%
Change since IPO1.33%

Recent News & Updates

Shareholder Returns

LPCKID Real EstateID Market
7D-8.1%-3.4%-2.0%
1Y16.3%-17.8%11.0%

Return vs Industry: LPCK exceeded the ID Real Estate industry which returned -17.8% over the past year.

Return vs Market: LPCK exceeded the ID Market which returned 11% over the past year.

Price Volatility

Is LPCK's price volatile compared to industry and market?
LPCK volatility
LPCK Average Weekly Movement3.8%
Real Estate Industry Average Movement5.3%
Market Average Movement5.4%
10% most volatile stocks in ID Market11.6%
10% least volatile stocks in ID Market2.7%

Stable Share Price: LPCK is less volatile than 75% of ID stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LPCK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987350Ketut Wijayahttps://www.lippo-cikarang.com

PT Lippo Cikarang Tbk, together with its subsidiaries, engages in the development of real estate and industrial estate projects in Indonesia. It operates through Real Estate and Supporting Services segments. The company also involved in the provision of supporting services, including estate management, public transport, and recreation services.

Lippo Cikarang Fundamentals Summary

How do Lippo Cikarang's earnings and revenue compare to its market cap?
LPCK fundamental statistics
Market CapRp3.05t
Earnings (TTM)Rp161.80b
Revenue (TTM)Rp1.91t

18.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LPCK income statement (TTM)
RevenueRp1.91t
Cost of RevenueRp1.27t
Gross ProfitRp641.11b
Other ExpensesRp479.31b
EarningsRp161.80b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)60.38
Gross Margin33.53%
Net Profit Margin8.46%
Debt/Equity Ratio12.9%

How did LPCK perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

93%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LPCK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LPCK?

Other financial metrics that can be useful for relative valuation.

LPCK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.9x
Enterprise Value/EBITDA8.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does LPCK's PE Ratio compare to its peers?

LPCK PE Ratio vs Peers
The above table shows the PE ratio for LPCK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.1x
KIJA Kawasan Industri Jababeka
38.8xn/aRp3.2t
DUTI Duta Pertiwi
11.5xn/aRp7.3t
BEST Bekasi Fajar Industrial Estate
11.6x16.3%Rp1.6t
GPRA Perdana Gapuraprima
6.4xn/aRp393.5b
LPCK Lippo Cikarang
18.9xn/aRp3.1t

Price-To-Earnings vs Peers: LPCK is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (17.1x).


Price to Earnings Ratio vs Industry

How does LPCK's PE Ratio compare vs other companies in the ID Real Estate Industry?

Price-To-Earnings vs Industry: LPCK is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the ID Real Estate industry average (18.9x)


Price to Earnings Ratio vs Fair Ratio

What is LPCK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LPCK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LPCK's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of LPCK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LPCK (IDR1140) is trading above our estimate of fair value (IDR745.45)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Lippo Cikarang 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


21.3%

Forecasted Real Estate 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 Lippo Cikarang 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.


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  • Examine Lippo Cikarang's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Lippo Cikarang performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-43.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LPCK has a large one-off loss of IDR165.0B impacting its June 30 2022 financial results.

Growing Profit Margin: LPCK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LPCK has become profitable over the past 5 years, growing earnings by -43.3% per year.

Accelerating Growth: LPCK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LPCK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-1.9%).


Return on Equity

High ROE: LPCK's Return on Equity (1.5%) is considered low.


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Financial Health

How is Lippo Cikarang's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LPCK's short term assets (IDR6,279.9B) exceed its short term liabilities (IDR1,851.0B).

Long Term Liabilities: LPCK's short term assets (IDR6,279.9B) exceed its long term liabilities (IDR750.5B).


Debt to Equity History and Analysis

Debt Level: LPCK's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if LPCK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: LPCK's debt is not well covered by operating cash flow (4%).

Interest Coverage: LPCK's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet


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Dividend

What is Lippo Cikarang 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

  • Cash Flow Coverage


9.82%

Current Dividend Yield

Dividend Yield vs Market

Lippo Cikarang Dividend Yield vs Market
How does Lippo Cikarang dividend yield compare to the market?
SegmentDividend Yield
Company (Lippo Cikarang)9.8%
Market Bottom 25% (ID)1.1%
Market Top 25% (ID)4.9%
Industry Average (Real Estate)3.5%
Analyst forecast in 3 Years (Lippo Cikarang)n/a

Notable Dividend: LPCK's dividend (9.82%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).

High Dividend: LPCK's dividend (9.82%) is in the top 25% of dividend payers in the ID market (4.86%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether LPCK's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if LPCK's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (92.7%), LPCK's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (974.4%), LPCK's dividend payments are not well covered by cash flows.


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Management

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

0.2yrs

Average management tenure


CEO

Ketut Wijaya (66 yo)

1.67yrs

Tenure

Mr. Ketut Budi Wijaya serves as President Director at PT Lippo Cikarang Tbk since 2021. He had been President Director of PT Siloam International Hospitals Tbk since March 22, 2017 until 2021. Mr. Wijaya h...


Leadership Team

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


Board Members

Experienced Board: LPCK's board of directors are not considered experienced ( 2.7 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

What is the ownership structure of LPCK?
Owner TypeNumber of SharesOwnership Percentage
Institutions25,027,6750.9%
General Public488,761,14718.2%
Public Companies2,165,811,17880.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 6 shareholders own 81.68% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
80.83%
PT Lippo Karawaci Tbk
2,165,811,178IDR2.5t0%no data
0.79%
Dimensional Fund Advisors LP
21,151,990IDR24.1b-2.01%no data
0.04%
Pheim Asset Management Sdn. Bhd.
1,066,100IDR1.2b0%0.25%
0.012%
State Street Global Advisors, Inc.
318,300IDR362.9m5.99%no data
0.011%
DBX Advisors LLC
284,585IDR324.4m0.87%no data
0.00025%
American Century Investment Management Inc
6,700IDR7.6m0%no data

Company Information

PT Lippo Cikarang Tbk's employee growth, exchange listings and data sources


Key Information

  • Name: PT Lippo Cikarang Tbk
  • Ticker: LPCK
  • Exchange: IDX
  • Founded: 1987
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: Rp3.055t
  • Shares outstanding: 2.68b
  • Website: https://www.lippo-cikarang.com

Number of Employees


Location

  • PT Lippo Cikarang Tbk
  • Easton Commercial Center
  • Jalan Gn. Panderman Kav. 05
  • Bekasi
  • Jawa Barat
  • 17550
  • Indonesia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LPCKIDX (Indonesia Stock Exchange)YesCommon SharesIDIDRJul 1997
LCWBST (Boerse-Stuttgart)YesCommon SharesDEEURJul 1997

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
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.