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IPCM

Jasa Armada Indonesia IDX:IPCM Stock Report

Last Price

Rp288.00

Market Cap

Rp1.5t

7D

2.9%

1Y

5.9%

Updated

22 May, 2022

Data

Company Financials
IPCM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

IPCM Stock Overview

PT Jasa Armada Indonesia Tbk provides pilotage and towage services primarily in Indonesia.

Jasa Armada Indonesia Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Jasa Armada Indonesia
Historical stock prices
Current Share PriceRp288.00
52 Week HighRp462.00
52 Week LowRp262.00
Beta0.80
1 Month Change-2.70%
3 Month Change1.41%
1 Year Change5.88%
3 Year Change10.77%
5 Year Changen/a
Change since IPO-28.36%

Recent News & Updates

Shareholder Returns

IPCMID InfrastructureID Market
7D2.9%-1.0%3.3%
1Y5.9%-1.7%18.2%

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.

Price Volatility

Is IPCM's price volatile compared to industry and market?
IPCM volatility
IPCM Average Weekly Movement4.4%
Infrastructure Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in ID Market12.0%
10% least volatile stocks in ID Market3.0%

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

FoundedEmployeesCEOWebsite
1960197Amri Yusufhttps://www.ipcmarine.co.id

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

How do Jasa Armada Indonesia's earnings and revenue compare to its market cap?
IPCM fundamental statistics
Market CapRp1.52t
Earnings (TTM)Rp136.58b
Revenue (TTM)Rp820.16b

11.1x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IPCM income statement (TTM)
RevenueRp820.16b
Cost of RevenueRp573.88b
Gross ProfitRp246.28b
Other ExpensesRp109.70b
EarningsRp136.58b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)25.88
Gross Margin30.03%
Net Profit Margin16.65%
Debt/Equity Ratio0%

How did IPCM perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

53%

Payout Ratio

Valuation

Is Jasa Armada Indonesia undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

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.


Future Growth

How is Jasa Armada Indonesia 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


30.7%

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.


Past Performance

How has Jasa Armada Indonesia performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.1%

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.


Financial Health

How is Jasa Armada Indonesia's financial position?

Financial Health Score

6/6

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: 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.


Balance Sheet


Dividend

What is Jasa Armada Indonesia current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.73%

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

Management

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

2.3yrs

Average board tenure


CEO

Amri Yusuf (54 yo)

2.33yrs

Tenure

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...


Board Members

Experienced Board: IPCM's board of directors are not considered experienced ( 2.3 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

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


Top Shareholders

Company Information

PT Jasa Armada Indonesia Tbk's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • PT Jasa Armada Indonesia Tbk
  • Gedung Rukindo
  • Lantai 1
  • Jakarta
  • Jakarta Raya
  • 14430
  • Indonesia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/12/31
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.