Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp3.00 (vs Rp2.39 in 1Q 2025) First quarter 2026 results: EPS: Rp3.00 (up from Rp2.39 in 1Q 2025). Revenue: Rp1.14t (up 9.6% from 1Q 2025). Net income: Rp156.8b (up 15% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 24% per year. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Announcement • Apr 27
PT Temas Tbk., Annual General Meeting, Jun 02, 2026 PT Temas Tbk., Annual General Meeting, Jun 02, 2026. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: Rp9.00 (vs Rp11.84 in FY 2024) Full year 2025 results: EPS: Rp9.00 (down from Rp11.84 in FY 2024). Revenue: Rp4.35t (flat on FY 2024). Net income: Rp499.2b (down 26% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to Rp136, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 23x in the Shipping industry in Indonesia. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to Rp164, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 23x in the Shipping industry in Indonesia. Total loss to shareholders of 9.9% over the past three years. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: Rp1.15 (vs Rp2.19 in 3Q 2024) Third quarter 2025 results: EPS: Rp1.15 (down from Rp2.19 in 3Q 2024). Revenue: Rp1.12t (flat on 3Q 2024). Net income: Rp79.3b (down 36% from 3Q 2024). Profit margin: 7.1% (down from 11% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Oct 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Theo Lekatompessy was the last independent director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 27
PT Temas Tbk. announces Annual dividend, payable on April 25, 2025 PT Temas Tbk. announced Annual dividend of IDR 4.0000 per share payable on April 25, 2025, ex-date on April 11, 2025 and record date on April 14, 2025. Announcement • Feb 14
PT Temas Tbk., Annual General Meeting, Mar 24, 2025 PT Temas Tbk., Annual General Meeting, Mar 24, 2025. Location: jakarta Indonesia Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: Rp2.03 (vs Rp4.12 in 3Q 2023) Third quarter 2024 results: EPS: Rp2.03 (down from Rp4.12 in 3Q 2023). Revenue: Rp1.12t (flat on 3Q 2023). Net income: Rp124.5b (down 47% from 3Q 2023). Profit margin: 11% (down from 21% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Reported Earnings • Jul 28
Second quarter 2024 earnings released: EPS: Rp2.42 (vs Rp2.38 in 2Q 2023) Second quarter 2024 results: EPS: Rp2.42. Revenue: Rp1.04t (up 4.7% from 2Q 2023). Net income: Rp133.2b (down 1.8% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Upcoming Dividend • Apr 09
Upcoming dividend of Rp8.00 per share Eligible shareholders must have bought the stock before 16 April 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 8.0%. Within top quartile of Indonesian dividend payers (6.1%). Higher than average of industry peers (3.1%). Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: Rp14.00 (vs Rp23.92 in FY 2022) Full year 2023 results: EPS: Rp14.00 (down from Rp23.92 in FY 2022). Revenue: Rp4.31t (down 12% from FY 2022). Net income: Rp782.6b (down 43% from FY 2022). Profit margin: 18% (down from 28% in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 125% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp185, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 6x in the Shipping industry in Indonesia. Total returns to shareholders of 1,763% over the past three years. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp161, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 6x in the Shipping industry in Indonesia. Total returns to shareholders of 1,448% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp212, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 7x in the Shipping industry in Indonesia. Total returns to shareholders of 2,281% over the past three years. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: Rp2.40 (vs Rp5.58 in 2Q 2022) Second quarter 2023 results: EPS: Rp2.40 (down from Rp5.58 in 2Q 2022). Revenue: Rp989.8b (down 14% from 2Q 2022). Net income: Rp135.6b (down 57% from 2Q 2022). Profit margin: 14% (down from 28% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 193% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 22
Upcoming dividend of Rp80.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Indonesian dividend payers (5.3%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp2,840, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 8x in the Shipping industry in Indonesia. Total returns to shareholders of 4,046% over the past three years. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: Rp63.34 (vs Rp54.31 in 3Q 2021) Third quarter 2022 results: EPS: Rp63.34 (up from Rp54.31 in 3Q 2021). Revenue: Rp1.35t (up 65% from 3Q 2021). Net income: Rp361.6b (up 17% from 3Q 2021). Profit margin: 27% (down from 38% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has increased by 162% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Theo Lekatompessy was the last independent director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp1,585, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 9x in the Shipping industry in Indonesia. Total returns to shareholders of 1,619% over the past three years. Reported Earnings • Jul 26
Second quarter 2022 earnings released: EPS: Rp56.17 (vs Rp49.13 in 2Q 2021) Second quarter 2022 results: EPS: Rp56.17 (up from Rp49.13 in 2Q 2021). Revenue: Rp1.16t (up 68% from 2Q 2021). Net income: Rp318.6b (up 14% from 2Q 2021). Profit margin: 28% (down from 41% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has increased by 144% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp2,700, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 16x in the Shipping industry in Indonesia. Total returns to shareholders of 1,985% over the past three years. Reported Earnings • May 20
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: Rp122 (up from Rp11.01 in FY 2020). Revenue: Rp3.37t (up 26% from FY 2020). Net income: Rp695.7b (up Rp632.9b from FY 2020). Profit margin: 21% (up from 2.4% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has increased by 151% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 19% share price gain to Rp2,250, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 14x in the Shipping industry in Indonesia. Total returns to shareholders of 1,719% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Commissioner Theo Lekatompessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to Rp2,030, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Shipping industry in Indonesia. Total returns to shareholders of 1,739% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to Rp2,070, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 18x in the Shipping industry in Indonesia. Total returns to shareholders of 1,469% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improved over the past week After last week's 15% share price gain to Rp1,390, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 14x in the Shipping industry in Indonesia. Total returns to shareholders of 987% over the past three years. Upcoming Dividend • Dec 31
Upcoming dividend of Rp21.85 per share Eligible shareholders must have bought the stock before 07 January 2022. Payment date: 27 January 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Indonesian dividend payers (3.9%). In line with average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 21% share price gain to Rp1,215, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 18x in the Shipping industry in Indonesia. Total returns to shareholders of 846% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 20% share price gain to Rp800, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 14x in the Shipping industry in Indonesia. Total returns to shareholders of 523% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 21% share price gain to Rp336, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 11x in the Shipping industry in Indonesia. Total returns to shareholders of 149% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS Rp49.02 (vs Rp6.36 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp686.5b (up 13% from 2Q 2020). Net income: Rp280.3b (up Rp244.0b from 2Q 2020). Profit margin: 41% (up from 6.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 17% share price gain to Rp296, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 10x in the Shipping industry in Indonesia. Total returns to shareholders of 128% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improved over the past week After last week's 15% share price gain to Rp284, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Shipping industry in Indonesia. Total returns to shareholders of 68% over the past three years. Reported Earnings • Jul 05
First quarter 2021 earnings released: EPS Rp6.00 (vs Rp0.68 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: Rp849.1b (up 20% from 1Q 2020). Net income: Rp33.8b (up Rp30.0b from 1Q 2020). Profit margin: 4.0% (up from 0.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 37% share price gain to Rp426, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 12x in the Shipping industry in Indonesia. Total returns to shareholders of 109% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Rp290, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 12x in the Shipping industry in Indonesia. Total returns to shareholders of 41% over the past three years. Is New 90 Day High Low • Dec 12
New 90-day high: Rp136 The company is up 33% from its price of Rp102 on 11 September 2020. The Indonesian market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 45% over the same period. Reported Earnings • Nov 28
Third quarter 2020 earnings released: Rp9.04 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: Rp629.6b (down 2.0% from 3Q 2019). Net loss: Rp35.0b (down 249% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Nov 20
New 90-day high: Rp132 The company is up 21% from its price of Rp109 on 19 August 2020. The Indonesian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 48% over the same period. Is New 90 Day High Low • Nov 03
New 90-day high: Rp122 The company is up 13% from its price of Rp108 on 05 August 2020. The Indonesian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 35% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: Rp101 The company is down 20% from its price of Rp126 on 23 June 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 4.0% over the same period.