OTCPK:BKRK.F

Stock Analysis Report

Bank Rakyat Indonesia (Persero)

Executive Summary

PT Bank Rakyat Indonesia (Persero) Tbk provides various banking products and services in Indonesia, Asia, and the United States.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Share Price & News

How has Bank Rakyat Indonesia (Persero)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

BKRK.F

1.4%

US Banks

1.0%

US Market


1 Year Return

43.6%

BKRK.F

0.2%

US Banks

6.7%

US Market

Return vs Industry: BKRK.F exceeded the US Banks industry which returned 0.2% over the past year.

Return vs Market: BKRK.F exceeded the US Market which returned 6.7% over the past year.


Shareholder returns

BKRK.FIndustryMarket
7 Day2.3%1.4%1.0%
30 Day-3.2%-2.6%-1.8%
90 Day-13.2%0.8%-1.8%
1 Year43.6%43.6%3.1%0.2%9.1%6.7%
3 Year-69.7%-69.7%52.0%41.5%46.1%36.6%
5 Year-65.9%-65.9%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Bank Rakyat Indonesia (Persero)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank Rakyat Indonesia (Persero) undervalued compared to its fair value and its price relative to the market?

1.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BKRK.F ($0.28) is trading below our estimate of fair value ($0.28)

Significantly Undervalued: BKRK.F is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BKRK.F is poor value based on its PE Ratio (14.3x) compared to the Banks industry average (12.5x).

PE vs Market: BKRK.F is good value based on its PE Ratio (14.3x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: BKRK.F is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: BKRK.F is overvalued based on its PB Ratio (2.5x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Bank Rakyat Indonesia (Persero) forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BKRK.F's forecast earnings growth (14% per year) is above the savings rate (2.7%).

Earnings vs Market: BKRK.F's earnings (14% per year) are forecast to grow slower than the US market (14.5% per year).

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

Revenue vs Market: BKRK.F's revenue (13% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: BKRK.F's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: BKRK.F's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Bank Rakyat Indonesia (Persero) performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BKRK.F's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: BKRK.F's earnings growth over the past year (10.4%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: BKRK.F earnings growth over the past year (10.4%) underperformed the Banks industry 31.8%.


Return on Equity

High ROE: BKRK.F's Return on Equity (17.6%) is considered low.


Return on Assets

ROA vs Industry: BKRK.F has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BKRK.F's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Bank Rakyat Indonesia (Persero)'s financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BKRK.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: BKRK.F's debt is covered by short term assets (assets are 2.174130x debt).


Financial Institutions Analysis

Asset Level: BKRK.F's level of assets compared to its equity is low.

Allowance for Bad Loans: BKRK.F has a sufficient allowance for bad loans.

Low Risk Liabilities: BKRK.F's liabilities are made up of primarily low risk sources of funding.

Loan Level: BKRK.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BKRK.F's loans are broadly funded by customer deposits.

Level of Bad Loans: BKRK.F has an appropriate level of bad loans (1.52%)


Next Steps

Dividend

What is Bank Rakyat Indonesia (Persero)'s current dividend yield, its reliability and sustainability?

2.72%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Years3.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BKRK.F's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: BKRK.F's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: BKRK.F's dividends per share have been stable in the past 10 years.

Growing Dividend: BKRK.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.8%), BKRK.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BKRK.F's dividends in 3 years are forecast to be well covered by earnings (41.8% payout ratio).


Next Steps

Management

What is the CEO of Bank Rakyat Indonesia (Persero)'s salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

- Sunarso (55yo)

0.08yrs

Tenure

0

Mr. Sunarso has been the President Director of PT Bank Rakyat Indonesia (Persero) Tbk since September 02, 2019 and served as its Vice President Director since January 3, 2019 until September 02, 2019. He s ...


Management Age and Tenure

1.6yrs

Average Tenure

56yo

Average Age

Experienced Management: BKRK.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Age and Tenure

0.8yrs

Average Tenure

55yo

Average Age

Experienced Board: BKRK.F's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Indra Utoyo (57yo)

    Director of Digital

    • Tenure: 2.6yrs
  • Herdy Harman (56yo)

    Director of Human Capital & Director

    • Tenure: 0.08yrs
  • A. Taufick (59yo)

    Head of Marketing Communication Division

    • Tenure: 12.7yrs
  • - Sunarso (55yo)

    President Director

    • Tenure: 0.08yrs
  • Haru Koesmahargyo (53yo)

    Director of Finance & Director

    • Tenure: 4.6yrs
  • Anna Tjiadarma (58yo)

    Head of Investment Services Division

    • Tenure: 4.8yrs
  • Ninis K. Adriani (52yo)

    Head of Investor Relation

    • Tenure: 0yrs
  • - Ernawan (56yo)

    Head of Finance & Accounting Management Division

    • Tenure: 0yrs
  • Wibowo Setiawan

    Head of Legal Division

    • Tenure: 0yrs
  • Azizatun Azhimah (43yo)

    Director of Compliance & Director

    • Tenure: 0.08yrs

Board Members

  • Indra Utoyo (57yo)

    Director of Digital

    • Tenure: 2.6yrs
  • Herdy Harman (56yo)

    Director of Human Capital & Director

    • Tenure: 0.08yrs
  • Agus Noorsanto (55yo)

    Director of Institution & SOE and Director

    • Tenure: 0.08yrs
  • - Sunarso (55yo)

    President Director

    • Tenure: 0.08yrs
  • Haru Koesmahargyo (53yo)

    Director of Finance & Director

    • Tenure: 4.6yrs
  • - Priyastomo (56yo)

    Director of Small

    • Tenure: 3.6yrs
  • Catur Harto (55yo)

    Vice President Director

    • Tenure: 0.08yrs
  • Ahmad Lutfiyanto (49yo)

    Director of Services and Network & Director

    • Tenure: 1.6yrs
  • - Supari (52yo)

    Director of Micro Business & Director

    • Tenure: 1.6yrs
  • Azizatun Azhimah (43yo)

    Director of Compliance & Director

    • Tenure: 0.08yrs

Company Information

PT Bank Rakyat Indonesia (Persero) Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Bank Rakyat Indonesia (Persero) Tbk
  • Ticker: BKRK.F
  • Exchange: OTCPK
  • Founded: 1968
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Rp479.732t
  • Listing Market Cap: Rp33.944b
  • Shares outstanding: 122.38b
  • Website: https://www.bri.co.id

Number of Employees


Location

  • PT Bank Rakyat Indonesia (Persero) Tbk
  • BRI I Building
  • Jl. Jenderal Sudirman Kav.44-46
  • Jakarta
  • 10210
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBRIIDX (Indonesia Stock Exchange)YesSeries B Ordinary SharesIDIDRNov 2003
BYRADB (Deutsche Boerse AG)YesSeries B Ordinary SharesDEEURNov 2003
BKRK.FOTCPK (Pink Sheets LLC)YesSeries B Ordinary SharesUSUSDNov 2003
BKRK.YOTCPK (Pink Sheets LLC)ADR SHS BUSUSDMar 2009

Biography

PT Bank Rakyat Indonesia (Persero) Tbk provides various banking products and services in Indonesia, Asia, and the United States. The company accepts demand, savings, and time deposits; and inter-bank call  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:57
End of Day Share Price2019/10/09 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.