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Erajaya Swasembada IDX:ERAA Stock Report

Last Price


Market Cap







26 Jun, 2022


Company Financials +
ERAA fundamental analysis
Snowflake Score
Future Growth2/6
Past Performance4/6
Financial Health6/6

ERAA Stock Overview

PT Erajaya Swasembada Tbk engages in the import, distribution, and retail of mobile telecommunication products in Indonesia.

Erajaya Swasembada Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Erajaya Swasembada
Historical stock prices
Current Share PriceRp530.00
52 Week HighRp710.00
52 Week LowRp482.00
1 Month Change2.91%
3 Month Change-7.83%
1 Year Change-21.48%
3 Year Change38.02%
5 Year Change320.64%
Change since IPO167.68%

Recent News & Updates

Shareholder Returns

ERAAID ElectronicID Market

Return vs Industry: ERAA exceeded the ID Electronic industry which returned -53.4% over the past year.

Return vs Market: ERAA underperformed the ID Market which returned 12% over the past year.

Price Volatility

Is ERAA's price volatile compared to industry and market?
ERAA volatility
ERAA Average Weekly Movement4.3%
Electronic Industry Average Movement5.6%
Market Average Movement6.3%
10% most volatile stocks in ID Market12.3%
10% least volatile stocks in ID Market3.1%

Stable Share Price: ERAA is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

19963,746Hasan Aula

PT Erajaya Swasembada Tbk engages in the import, distribution, and retail of mobile telecommunication products in Indonesia. It offers mobile phones and tablets, subscriber identity module cards, mobile network operator vouchers, accessories, Internet of Things devices, and Google Play gift cards; and computers and other electronic devices. The company also provides trades in medical equipment; and provides value added services, including mobile phones protection and handset leasing services.

Erajaya Swasembada Fundamentals Summary

How do Erajaya Swasembada's earnings and revenue compare to its market cap?
ERAA fundamental statistics
Market CapRp8.43t
Earnings (TTM)Rp1.03t
Revenue (TTM)Rp44.10t


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERAA income statement (TTM)
Cost of RevenueRp39.25t
Gross ProfitRp4.85t
Other ExpensesRp3.82t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)64.74
Gross Margin11.00%
Net Profit Margin2.33%
Debt/Equity Ratio35.5%

How did ERAA perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


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

Valuation Score


Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ERAA 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/Revenue0.3x
Enterprise Value/EBITDA6.3x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

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

ERAA PE Ratio vs Peers
The above table shows the PE ratio for ERAA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.5x

Price-To-Earnings vs Peers: ERAA is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (11.5x).

Price to Earnings Ratio vs Industry

How does ERAA's PE Ratio compare vs other companies in the Electronic Industry?

Price-To-Earnings vs Industry: ERAA is good value based on its Price-To-Earnings Ratio (8.2x) compared to the ID Electronic industry average (12.4x)

Price to Earnings Ratio vs Fair Ratio

What is ERAA'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.

ERAA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ratio10.3x

Price-To-Earnings vs Fair Ratio: ERAA is good value based on its Price-To-Earnings Ratio (8.2x) compared to the estimated Fair Price-To-Earnings Ratio (10.3x).

Share Price vs Fair Value

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

Below Fair Value: ERAA (IDR530) is trading below our estimate of fair value (IDR712.24)

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

Price to Earnings Growth Ratio

PEG Ratio: ERAA is good value based on its PEG Ratio (0.6x)

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Future Growth

How is Erajaya Swasembada forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score


Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ERAA's forecast earnings growth (14.2% per year) is above the savings rate (7%).

Earnings vs Market: ERAA's earnings (14.2% per year) are forecast to grow faster than the ID market (11.8% per year).

High Growth Earnings: ERAA's earnings are forecast to grow, but not significantly.

Revenue vs Market: ERAA's revenue (9.6% per year) is forecast to grow slower than the ID market (12.2% per year).

High Growth Revenue: ERAA's revenue (9.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ERAA's Return on Equity is forecast to be low in 3 years time (16.8%).

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Past Performance

How has Erajaya Swasembada performed over the past 5 years?

Past Performance Score


Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ERAA has high quality earnings.

Growing Profit Margin: ERAA's current net profit margins (2.3%) are higher than last year (2.1%).

Past Earnings Growth Analysis

Earnings Trend: ERAA's earnings have grown significantly by 20.3% per year over the past 5 years.

Accelerating Growth: ERAA's earnings growth over the past year (30.7%) exceeds its 5-year average (20.3% per year).

Earnings vs Industry: ERAA earnings growth over the past year (30.7%) underperformed the Electronic industry 30.7%.

Return on Equity

High ROE: ERAA's Return on Equity (16.3%) is considered low.

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Financial Health

How is Erajaya Swasembada's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ERAA's short term assets (IDR8,962.2B) exceed its short term liabilities (IDR6,954.5B).

Long Term Liabilities: ERAA's short term assets (IDR8,962.2B) exceed its long term liabilities (IDR482.4B).

Debt to Equity History and Analysis

Debt Level: ERAA's net debt to equity ratio (29.3%) is considered satisfactory.

Reducing Debt: ERAA's debt to equity ratio has reduced from 40.8% to 35.5% over the past 5 years.

Debt Coverage: ERAA's debt is well covered by operating cash flow (65.7%).

Interest Coverage: ERAA's interest payments on its debt are well covered by EBIT (8.7x coverage).

Balance Sheet

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What is Erajaya Swasembada current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ERAA's dividend (2.6%) is higher than the bottom 25% of dividend payers in the ID market (1.15%).

High Dividend: ERAA's dividend (2.6%) is low compared to the top 25% of dividend payers in the ID market (4.46%).

Stability and Growth of Payments

Stable Dividend: ERAA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ERAA's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.3%), ERAA's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.5%), ERAA's dividend payments are well covered by cash flows.

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


Average management tenure


Hasan Aula (57 yo)

no data


Mr. Hasan Aula serves as the Chief Executive Officer of PT Erajaya Swasembada Tbk and has been its Vice President Director since May 30, 2012. Mr. Aula served as Country Manager and Executive Advisor for N...

Leadership Team

Experienced Management: ERAA's management team is seasoned and experienced (9.7 years average tenure).

Board Members

Experienced Board: ERAA's board of directors are seasoned and experienced ( 11 years average tenure).


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 Erajaya Swasembada Tbk's employee growth, exchange listings and data sources

Key Information

  • Name: PT Erajaya Swasembada Tbk
  • Ticker: ERAA
  • Exchange: IDX
  • Founded: 1996
  • Industry: Technology Distributors
  • Sector: Tech
  • Implied Market Cap: Rp8.426t
  • Shares outstanding: 15.90b
  • Website:

Number of Employees


  • PT Erajaya Swasembada Tbk
  • Jalan Gedong Panjang No. 29-31
  • Pekojan
  • Jakarta Barat
  • Jakarta Raya
  • 11240
  • Indonesia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
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.