CASS Stock Overview
PT Cardig Aero Services Tbk, together with its subsidiaries, engages in the ground handling, cargo handling, aircraft release and maintenance, catering, management facility, and aviation training businesses.
Cardig Aero Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||Rp426.00|
|52 Week High||Rp645.00|
|52 Week Low||Rp296.00|
|1 Month Change||20.34%|
|3 Month Change||23.12%|
|1 Year Change||6.50%|
|3 Year Change||-41.64%|
|5 Year Change||-46.75%|
|Change since IPO||7.85%|
Recent News & Updates
|CASS||ID Infrastructure||ID Market|
Return vs Industry: CASS exceeded the ID Infrastructure industry which returned 1.3% over the past year.
Return vs Market: CASS underperformed the ID Market which returned 16.4% over the past year.
|CASS Average Weekly Movement||6.4%|
|Infrastructure Industry Average Movement||4.9%|
|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: CASS is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CASS's weekly volatility (6%) has been stable over the past year.
About the Company
PT Cardig Aero Services Tbk, together with its subsidiaries, engages in the ground handling, cargo handling, aircraft release and maintenance, catering, management facility, and aviation training businesses. The company's Ground Handling division offers passenger handling, including baggage and aircraft handling, ground support equipment usage, operation of business class lounge, and special assistance services. Its Cargo Handling division provides cargo buildup and breakdown, cargo documentation, cargo transfer and transit handling, cargo storage, and special cargo handling services.
Cardig Aero Services Fundamentals Summary
|CASS fundamental statistics|
Is CASS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CASS income statement (TTM)|
|Cost of Revenue||Rp1.08t|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||16.17|
|Net Profit Margin||2.40%|
How did CASS perform over the long term?See historical performance and comparison
Is Cardig Aero Services undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CASS (IDR426) is trading below our estimate of fair value (IDR2270.63)
Significantly Below Fair Value: CASS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CASS is poor value based on its Price-To-Earnings Ratio (26.3x) compared to the ID Infrastructure industry average (18.8x).
PE vs Market: CASS is poor value based on its Price-To-Earnings Ratio (26.3x) compared to the ID market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CASS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CASS is overvalued based on its Price-To-Book Ratio (2.3x) compared to the ID Infrastructure industry average (1.3x).
How is Cardig Aero Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Transportation 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 Cardig Aero Services 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.
How has Cardig Aero Services performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CASS has high quality earnings.
Growing Profit Margin: CASS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CASS's earnings have declined by 56.7% per year over the past 5 years.
Accelerating Growth: CASS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CASS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Infrastructure industry (70.2%).
Return on Equity
High ROE: CASS's Return on Equity (24.4%) is considered high.
How is Cardig Aero Services's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CASS's short term assets (IDR702.5B) do not cover its short term liabilities (IDR847.3B).
Long Term Liabilities: CASS's short term assets (IDR702.5B) exceed its long term liabilities (IDR144.1B).
Debt to Equity History and Analysis
Debt Level: CASS has more cash than its total debt.
Reducing Debt: CASS's debt to equity ratio has reduced from 42.2% to 16.5% over the past 5 years.
Debt Coverage: CASS's debt is well covered by operating cash flow (334.5%).
Interest Coverage: CASS earns more interest than it pays, so coverage of interest payments is not a concern.
What is Cardig Aero Services's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CASS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CASS'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 CASS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CASS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: CASS is not paying a notable dividend for the ID market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CASS has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy Pangalila (54 yo)
Mr. Randy Pangalila serves as Group President Director and Chief Executive Officer at PT Cardig Aero Services Tbk since September 2020. He was employed with PT Bank Ganesha Tbk.
Experienced Management: CASS's management team is considered experienced (4.4 years average tenure).
Experienced Board: CASS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PT Cardig Aero Services Tbk's employee growth, exchange listings and data sources
- Name: PT Cardig Aero Services Tbk
- Ticker: CASS
- Exchange: IDX
- Founded: 1984
- Industry: Airport Services
- Sector: Transportation
- Implied Market Cap: Rp889.041b
- Shares outstanding: 2.09b
- Website: https://casgroup.co.id
Number of Employees
- PT Cardig Aero Services Tbk
- Menara Cardig
- 3rd Floor
- Jakarta Timur
- Jakarta Raya
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/27 00:00|
|End of Day Share Price||2022/05/25 00:00|
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.