IPCM Stock Overview
PT Jasa Armada Indonesia Tbk provides pilotage and towage services primarily in Indonesia.
Jasa Armada Indonesia Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||Rp288.00|
|52 Week High||Rp462.00|
|52 Week Low||Rp262.00|
|1 Month Change||-2.70%|
|3 Month Change||1.41%|
|1 Year Change||5.88%|
|3 Year Change||10.77%|
|5 Year Change||n/a|
|Change since IPO||-28.36%|
Recent News & Updates
|IPCM||ID Infrastructure||ID Market|
Return vs Industry: IPCM exceeded the ID Infrastructure industry which returned -1.7% over the past year.
Return vs Market: IPCM underperformed the ID Market which returned 18.2% over the past year.
|IPCM Average Weekly Movement||4.4%|
|Infrastructure Industry Average Movement||5.2%|
|Market Average Movement||6.2%|
|10% most volatile stocks in ID Market||12.0%|
|10% least volatile stocks in ID Market||3.0%|
Stable Share Price: IPCM is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IPCM's weekly volatility (4%) has been stable over the past year.
About the Company
PT Jasa Armada Indonesia Tbk provides pilotage and towage services primarily in Indonesia. It offers mooring, sea transportation, river and lake transportation, ship operation, freight, warehousing and storage, cargo handling, and fleet management services. The company also provides vessel rental and agency, vessel repair and maintenance, and refueling and clean water services.
Jasa Armada Indonesia Fundamentals Summary
|IPCM fundamental statistics|
Is IPCM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IPCM income statement (TTM)|
|Cost of Revenue||Rp573.88b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||25.88|
|Net Profit Margin||16.65%|
How did IPCM perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is Jasa Armada Indonesia undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
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: IPCM (IDR288) is trading below our estimate of fair value (IDR1052.76)
Significantly Below Fair Value: IPCM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IPCM is good value based on its PE Ratio (11.1x) compared to the ID Infrastructure industry average (17.7x).
PE vs Market: IPCM is good value based on its PE Ratio (11.1x) compared to the ID market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IPCM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IPCM's PB Ratio (1.3x) is in line with the ID Infrastructure industry average.
How is Jasa Armada Indonesia 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 Jasa Armada Indonesia 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 Jasa Armada Indonesia 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: IPCM has high quality earnings.
Growing Profit Margin: IPCM's current net profit margins (16.7%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: IPCM's earnings have declined by 5.1% per year over the past 5 years.
Accelerating Growth: IPCM's earnings growth over the past year (70.2%) exceeds its 5-year average (-5.1% per year).
Earnings vs Industry: IPCM earnings growth over the past year (70.2%) underperformed the Infrastructure industry 70.2%.
Return on Equity
High ROE: IPCM's Return on Equity (11.8%) is considered low.
How is Jasa Armada Indonesia's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IPCM's short term assets (IDR854.5B) exceed its short term liabilities (IDR267.3B).
Long Term Liabilities: IPCM's short term assets (IDR854.5B) exceed its long term liabilities (IDR4.2B).
Debt to Equity History and Analysis
Debt Level: IPCM is debt free.
Reducing Debt: IPCM has not had any debt for past 5 years.
Debt Coverage: IPCM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IPCM has no debt, therefore coverage of interest payments is not a concern.
What is Jasa Armada Indonesia current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IPCM's dividend (4.73%) is higher than the bottom 25% of dividend payers in the ID market (1.13%).
High Dividend: IPCM's dividend (4.73%) is in the top 25% of dividend payers in the ID market (4.15%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IPCM has been paying a dividend for less than 10 years.
Growing Dividend: IPCM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), IPCM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.5%), IPCM's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Amri Yusuf (54 yo)
Mr. Amri Yusuf serves as the President Director at PT Jasa Armada Indonesia Tbk since 2020. He served as Head of Direct Investments, Head of Investments - Division Direct Investment and Head of Direct Inve...
Experienced Board: IPCM's board of directors are not considered experienced ( 2.3 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 Jasa Armada Indonesia Tbk's employee growth, exchange listings and data sources
- Name: PT Jasa Armada Indonesia Tbk
- Ticker: IPCM
- Exchange: IDX
- Founded: 1960
- Industry: Marine Ports and Services
- Sector: Transportation
- Implied Market Cap: Rp1.520t
- Shares outstanding: 5.28b
- Website: https://www.ipcmarine.co.id
Number of Employees
- PT Jasa Armada Indonesia Tbk
- Gedung Rukindo
- Lantai 1
- Jakarta Raya
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 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.