OTCPK:PTME.Y

Stock Analysis Report

Media Nusantara Citra

Executive Summary

PT. Media Nusantara Citra Tbk operates as an integrated media company in Indonesia.

Rewards

Trading at 12.7% below its fair value

Earnings are forecast to grow 9.38% per year

Earnings grew by 67.1% over the past year

Risk Analysis

No risks detected for PTME.Y from our risk checks.


Snowflake Analysis

Solid track record with excellent balance sheet.


Similar Companies

Share Price & News

How has Media Nusantara Citra's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTME.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PTME.Y

3.2%

US Media

2.0%

US Market


1 Year Return

71.8%

PTME.Y

29.8%

US Media

23.5%

US Market

Return vs Industry: PTME.Y exceeded the US Media industry which returned 29.5% over the past year.

Return vs Market: PTME.Y exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

PTME.YIndustryMarket
7 Day0%3.2%2.0%
30 Day0%6.1%4.3%
90 Dayn/a8.8%12.2%
1 Year73.3%71.8%31.6%29.8%26.1%23.5%
3 Year-12.2%-15.1%23.2%18.1%53.1%43.2%
5 Year-56.1%-59.0%46.5%34.9%75.5%56.1%

Price Volatility Vs. Market

How volatile is Media Nusantara Citra's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Media Nusantara Citra undervalued compared to its fair value and its price relative to the market?

7.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PTME.Y ($9.69) is trading below our estimate of fair value ($11.1)

Significantly Below Fair Value: PTME.Y is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PTME.Y is good value based on its PE Ratio (9x) compared to the Media industry average (14.4x).

PE vs Market: PTME.Y is good value based on its PE Ratio (9x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: PTME.Y is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: PTME.Y is overvalued based on its PB Ratio (1.8x) compared to the US Media industry average (1.4x).


Next Steps

Future Growth

How is Media Nusantara Citra forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTME.Y's forecast earnings growth (9.4% per year) is above the savings rate (1.7%).

Earnings vs Market: PTME.Y's earnings (9.4% per year) are forecast to grow slower than the US market (14.3% per year).

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

Revenue vs Market: PTME.Y's revenue (7.2% per year) is forecast to grow slower than the US market (7.5% per year).

High Growth Revenue: PTME.Y's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTME.Y's Return on Equity is forecast to be low in 3 years time (17.9%).


Next Steps

Past Performance

How has Media Nusantara Citra performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTME.Y has high quality earnings.

Growing Profit Margin: PTME.Y's current net profit margins (27%) are higher than last year (18.3%).


Past Earnings Growth Analysis

Earnings Trend: PTME.Y's earnings have grown by 2.8% per year over the past 5 years.

Accelerating Growth: PTME.Y's earnings growth over the past year (67.1%) exceeds its 5-year average (2.8% per year).

Earnings vs Industry: PTME.Y earnings growth over the past year (67.1%) exceeded the Media industry -30.3%.


Return on Equity

High ROE: PTME.Y's Return on Equity (19.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Media Nusantara Citra's financial position?


Financial Position Analysis

Short Term Liabilities: PTME.Y's short term assets (IDR7,429.7B) exceed its short term liabilities (IDR2,016.4B).

Long Term Liabilities: PTME.Y's short term assets (IDR7,429.7B) exceed its long term liabilities (IDR3,437.9B).


Debt to Equity History and Analysis

Debt Level: PTME.Y's debt to equity ratio (38.8%) is considered satisfactory.

Reducing Debt: PTME.Y's debt to equity ratio has increased from 36% to 38.8% over the past 5 years.

Debt Coverage: PTME.Y's debt is well covered by operating cash flow (61.1%).

Interest Coverage: PTME.Y's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet

Inventory Level: PTME.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: PTME.Y's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

What is Media Nusantara Citra's current dividend yield, its reliability and sustainability?

0.88%

Current Dividend Yield


Dividend Yield vs Market

company0.9%marketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Years3.5%

Current dividend yield vs market & industry

Notable Dividend: PTME.Y's dividend (0.94%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: PTME.Y's dividend (0.94%) is low compared to the top 25% of dividend payers in the US market (3.66%).


Stability and Growth of Payments

Stable Dividend: PTME.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: PTME.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.4%), PTME.Y's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PTME.Y's dividends in 3 years are forecast to be well covered by earnings (35.6% payout ratio).


Next Steps

Management

What is the CEO of Media Nusantara Citra's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average board tenure


CEO

David Audy (40yo)

3.3yrs

Tenure

0

Mr. David Fernando Audy has been President Director at PT Media Nusantara Citra Tbk since September 30, 2016. Mr. Audy has been the President Director of PT Global Informasi Bermutu (Global TV) since Octob ...


Board Age and Tenure

3.3yrs

Average Tenure

51.5yo

Average Age

Experienced Board: PTME.Y's board of directors are considered experienced (3.3 years average tenure).


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

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


Management Team

  • Arya Sinulingga (48yo)

    News Director

    • Tenure: 4.5yrs
  • David Audy (40yo)

    President Director

    • Tenure: 3.3yrs
  • Gwenarty Setiadi (57yo)

    Human Resources & Organization Development Director and Independent Director

    • Tenure: 3.3yrs
  • Kanti Imansyah (53yo)

    Group Sales & Marketing Director and Director

    • Tenure: 6.8yrs
  • Teddy Pun

    Head of Investor Relation and Corporate Finance

    • Ella Kartika (50yo)

      Business Development & Operations Director and Director

      • Tenure: 5.3yrs
    • Angela Tanoesoedibjo (32yo)

      Programming Director & Director

      • Tenure: 3.3yrs
    • Ruby Panjaitan (50yo)

      Director & Finance Director

      • Tenure: 1.5yrs

    Board Members

    • Hary Tanoesoedibjo (54yo)

      President Commissioner

      • Tenure: 3.3yrs
    • Syafril Nasution (58yo)

      Commissioner

      • Tenure: 1.1yrs
    • Arya Sinulingga (48yo)

      News Director

      • Tenure: 4.5yrs
    • David Audy (40yo)

      President Director

      • Tenure: 3.3yrs
    • Gwenarty Setiadi (57yo)

      Human Resources & Organization Development Director and Independent Director

      • Tenure: 3.3yrs
    • Kanti Imansyah (53yo)

      Group Sales & Marketing Director and Director

      • Tenure: 6.8yrs
    • Ella Kartika (50yo)

      Business Development & Operations Director and Director

      • Tenure: 5.3yrs
    • Angela Tanoesoedibjo (32yo)

      Programming Director & Director

      • Tenure: 3.3yrs
    • M. Baharudin (62yo)

      Independent Commissioner

      • Tenure: 1.1yrs
    • Ruby Panjaitan (50yo)

      Director & Finance Director

      • Tenure: 1.5yrs

    Company Information

    PT. Media Nusantara Citra Tbk's company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: PT. Media Nusantara Citra Tbk
    • Ticker: PTME.Y
    • Exchange: OTCPK
    • Founded: 1997
    • Industry: Broadcasting
    • Sector: Media
    • Market Cap: Rp20.984t
    • Listing Market Cap: Rp1.535b
    • Shares outstanding: 12.38b
    • Website: https://www.mnc.co.id

    Number of Employees


    Location

    • PT. Media Nusantara Citra Tbk
    • MNC Tower
    • 27th Floor
    • Central Jakarta
    • Jakarta Raya
    • 10340
    • Indonesia

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    MNCNIDX (Indonesia Stock Exchange)YesSeries B SharesIDIDRJun 2007
    PTME.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDJun 2007
    PTME.YOTCPK (Pink Sheets LLC)ADRUSUSDJan 2012

    Biography

    PT. Media Nusantara Citra Tbk operates as an integrated media company in Indonesia. The company operates through Television, Radio, Print Media, Content, and Advertising Agency segments. It owns and operates national free-to-air televisions (TV), such as RCTI TV station that offers a range of programs, such as drama series, box office movies, sporting events, talent search shows, reality shows, music shows, and infotainment programs; MNCTV, which offers family drama series, sports programs, and various music shows; GTV that focuses on animation, variety shows, reality shows, game shows, and talent search programs; and iNews TV, which focuses on news, sports, and other factual programs, as well as provides various pay-TV channels. In addition, it operates MNC Trijaya FM, Global Radio, Radio RDI, and V Radio FM; Sindonews.com, an online edition of Koran Sindo, Okezone.com, a news and entertainment portal, iNews.id, a networked news portal comprising national news and regional portal; and publishes Koran Sindo, a newspaper; Sindo Weekly, a general news weekly magazine; Just For Kids magazine; HighEnd, a premium monthly magazines; HighEnd Teen magazine focusing on youth from upper income class families; and Network!, a monthly TV guide magazine. The company was founded in 1997 and is headquartered in Central Jakarta, Indonesia. PT. Media Nusantara Citra Tbk is a subsidiary of PT. Global Mediacom Tbk. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/18 00:06
    End of Day Share Price2019/12/06 00:00
    Earnings2019/09/30
    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.