OTCPK:PBCR.F

Stock Analysis Report

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Executive Summary

PT Bank Central Asia Tbk provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Bank Central Asia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PBCR.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

PBCR.F

3.1%

US Banks

0.5%

US Market


1 Year Return

4.0%

PBCR.F

-15.2%

US Banks

18.7%

US Market

Return vs Industry: PBCR.F exceeded the US Banks industry which returned -15.2% over the past year.

Return vs Market: PBCR.F underperformed the US Market which returned 18.7% over the past year.


Shareholder returns

PBCR.FIndustryMarket
7 Day0%3.1%0.5%
30 Day0.5%5.7%4.9%
90 Day18.9%20.1%19.8%
1 Year4.0%4.0%-12.2%-15.2%21.2%18.7%
3 Year58.8%58.8%-7.2%-14.8%46.2%36.8%
5 Year143.3%143.3%20.9%6.0%85.3%65.1%

Price Volatility Vs. Market

How volatile is Bank Central Asia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank Central Asia undervalued compared to its fair value and its price relative to the market?

27.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PBCR.F ($2.08) is trading above our estimate of fair value ($0.58)

Significantly Below Fair Value: PBCR.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PBCR.F is poor value based on its PE Ratio (27.8x) compared to the US Banks industry average (10x).

PE vs Market: PBCR.F is poor value based on its PE Ratio (27.8x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: PBCR.F is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: PBCR.F is overvalued based on its PB Ratio (4.6x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Bank Central Asia forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

23.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBCR.F's forecast earnings growth (23.1% per year) is above the savings rate (2.2%).

Earnings vs Market: PBCR.F's earnings (23.1% per year) are forecast to grow slower than the US market (24.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PBCR.F's revenue (10.9% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: PBCR.F's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PBCR.F's Return on Equity is forecast to be low in 3 years time (15.8%).


Next Steps

Past Performance

How has Bank Central Asia performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PBCR.F has a high level of non-cash earnings.

Growing Profit Margin: PBCR.F's current net profit margins (42%) are lower than last year (43%).


Past Earnings Growth Analysis

Earnings Trend: PBCR.F's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: PBCR.F's earnings growth over the past year (2.3%) is below its 5-year average (10.9% per year).

Earnings vs Industry: PBCR.F earnings growth over the past year (2.3%) exceeded the Banks industry -2.9%.


Return on Equity

High ROE: PBCR.F's Return on Equity (16.5%) is considered low.


Next Steps

Financial Health

How is Bank Central Asia'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


Financial Institutions Analysis

Asset Level: PBCR.F's Assets to Equity ratio (5.8x) is low.

Allowance for Bad Loans: PBCR.F has a sufficient allowance for bad loans (197%).

Low Risk Liabilities: 95% of PBCR.F's liabilities are made up of primarily low risk sources of funding.

Loan Level: PBCR.F has an appropriate level of Loans to Assets ratio (59%).

Low Risk Deposits: PBCR.F's Loans to Deposits ratio (76%) is appropriate.

Level of Bad Loans: PBCR.F has an appropriate level of bad loans (1.3%).


Next Steps

Dividend

What is Bank Central Asia current dividend yield, its reliability and sustainability?

1.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PBCR.F's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: PBCR.F's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.1%), PBCR.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PBCR.F's dividends in 3 years are forecast to be well covered by earnings (36.1% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

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

9.2yrs

Average management tenure


CEO

Jahja Setiaatmadja (64 yo)

9.17yrs

Tenure

Mr. Jahja Setiaatmadja has been the President Director of PT Bank Central Asia Tbk (“BCA”) since June 7, 2011. He previously served as Deputy President Director of BCA (2005–2011), his latest responsibilit ...


Leadership Team

NamePositionTenureCompensationOwnership
Jahja Setiaatmadja
President Director9.17yrsno data0.032%
IDR 17.0m
Suwignyo Budiman
Deputy President Director & Director of Individual Banking1.33yrsno data0.031%
IDR 16.0m
Vera Lim
Finance Director2.33yrsno data0.00047%
IDR 245.9k
Wira Chandra
Executive Vice President of Group Corporate Banking & Corporate Financeno datano datano data
Lay Santoso
Head of Corporate Finance Groupno datano datano data
Ho Tan
Credit & Legal Director and Director18yrsno data0.012%
IDR 6.0m
Feric Lie
Head of Complianceno datano datano data
Hera Haryn
Corporate Secretary & Head of Communication Divisionno datano datano data
Jan Hendra
Head of Transaction Banking Business Development & Marketing Divisionno datano datano data
Lianawaty Suwono
Director of Human Capital Management & Director4.08yrsno data0.00071%
IDR 371.4k
Hendra Tanumihardja
Head of Human Capital Management Division4yrsno datano data
Rudy Susanto
Corporate Banking Director & Director6.08yrsno data0.0015%
IDR 763.8k

9.2yrs

Average Tenure

55yo

Average Age

Experienced Management: PBCR.F's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jahja Setiaatmadja
President Director9.17yrsno data0.032%
IDR 17.0m
Suwignyo Budiman
Deputy President Director & Director of Individual Banking1.33yrsno data0.031%
IDR 16.0m
Vera Lim
Finance Director2.33yrsno data0.00047%
IDR 245.9k
Ho Tan
Credit & Legal Director and Director18yrsno data0.012%
IDR 6.0m
Lianawaty Suwono
Director of Human Capital Management & Director4.08yrsno data0.00071%
IDR 371.4k
Rudy Susanto
Corporate Banking Director & Director6.08yrsno data0.0015%
IDR 763.8k
Erwan Ang
Director of Regional & Branch Networks and Independent Director9yrsno data0.0052%
IDR 2.7m
Henry Koenaifi
Director of SME & Commercial Banking and Director13.58yrsno data0.0037%
IDR 1.9m
Charles Santoso
Director of Transaction Banking & Director4yrsno data0.00099%
IDR 517.9k
Djohan Setijoso
President Commissioner9yrsno data0.086%
IDR 45.0m
Cyrillus Harinowo
Independent Commissioner16.92yrsno datano data
Armand Hartono
Deputy President Director4.17yrsno data0.0034%
IDR 1.8m

7.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: PBCR.F's board of directors are considered experienced (7.5 years average tenure).


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 Bank Central Asia Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Bank Central Asia Tbk
  • Ticker: PBCR.F
  • Exchange: OTCPK
  • Founded: 1955
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Rp776.633t
  • Listing Market Cap: Rp52.313b
  • Shares outstanding: 24.66b
  • Website: https://www.bca.co.id

Number of Employees


Location

  • PT Bank Central Asia Tbk
  • Menara BCA
  • Grand Indonesia
  • Jakarta
  • 10310
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBCAIDX (Indonesia Stock Exchange)YesCommon SharesIDIDRMay 2000
PBCR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2000
BZG2DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2000
PBCR.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDJan 2012

Biography

PT Bank Central Asia Tbk provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers deposits accounts, loans, tra ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 12:18
End of Day Share Price2020/08/06 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.