How does PBNN.F's PE Ratio compare to its peers?

PBNN.F is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (11.8x).

How does PBNN.F's PE Ratio compare vs other companies in the US Banks Industry?

PBNN.F is good value based on its Price-To-Earnings Ratio (7.6x) compared to the US Banks industry average (12.4x).

What is PBNN.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PBNN.F is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (58.5x).

What is the Fair Price of PBNN.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

PBNN.F ($0.32) is trading below our estimate of [[fair value]] ($0.58)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

PBNN.F Stock Overview

Provides various banking products and services in Indonesia, New York, Europe, and Asia. More details

PBNN.F fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 45.5% below our estimate of its fair value

Earnings are forecast to grow 11.87% per year

Earnings grew by 5.4% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 46.9%

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

PT Bank Negara Indonesia (Persero) Tbk Competitors

Credicorp

NYSE:BAP

US$14.4b

Comerica

NYSE:CMA

US$8.1b

Fifth Third Bancorp

NasdaqGS:FITB

US$28.8b

Bank of N.T. Butterfield & Son

NYSE:NTB

US$1.6b

Price History & Performance

Summary of share price highs, lows and changes for Bank Negara Indonesia (Persero)
Historical stock prices
Current Share Price	Rp0.32
52 Week High	Rp0.59
52 Week Low	Rp0.20
Beta	0.85
1 Month Change	-28.09%
3 Month Change	31.83%
1 Year Change	-9.42%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	11.02%

Recent updates

Shareholder Returns

	PBNN.F	US Banks	US Market
7D	17.2%	0.1%	-1.1%
1Y	-9.4%	28.7%	22.4%

Return vs Industry: PBNN.F underperformed the US Banks industry which returned 29.4% over the past year.

Return vs Market: PBNN.F underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is PBNN.F's price volatile compared to industry and market?
PBNN.F volatility
PBNN.F Average Weekly Movement	100.0%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: PBNN.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: PBNN.F's weekly volatility has decreased from 107% to 100% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1946	27,601	Royke Tumilaar	www.bni.co.id

PT Bank Negara Indonesia (Persero) Tbk, together with its subsidiaries, provides various banking products and services in Indonesia, New York, Europe, and Asia. It operates through, Corporate & International Banking, Institutional Banking, Enterprise & commercial Banking, Consumer Banking, Treasury, Head Offices, and Subsidiaries segments. The company offers savings account, savings plan and FIPF, loans, credit cards, simulation services, and others; and business banking, funding, lending, international trade financing, financial institution products, smart remittances, foreign direct investment, treasury products, and Solusi wholesale services, as well as services for micro small and medium enterprises.

PT Bank Negara Indonesia (Persero) Tbk Fundamentals Summary

How do Bank Negara Indonesia (Persero)'s earnings and revenue compare to its market cap?
PBNN.F fundamental statistics
Market cap	US$10.05b
Earnings (TTM)	US$1.33b
Revenue (TTM)	US$3.06b

7.6x

P/E Ratio

1.0x

P/B Ratio

Is PBNN.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PBNN.F income statement (TTM)
Revenue	Rp49.42t
Cost of Revenue	Rp681.32b
Gross Profit	Rp48.74t
Other Expenses	Rp27.27t
Earnings	Rp21.46t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	576.12
Gross Margin	98.62%
Net Profit Margin	43.44%
Debt/Equity Ratio	44.3%

How did PBNN.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 16:17
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PT Bank Negara Indonesia (Persero) Tbk is covered by 42 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anish Tawakley	Barclays
Wannapa Asavatevavith	BNP Paribas Securities (Asia)
Anand Swaminathan	BofA Global Research

Bank Negara Indonesia (Persero) OTCPK:PBNN.F Stock Report