Financials PT Asuransi Bina Dana Arta Tbk

Equities

ABDA

ID1000073406

Multiline Insurance & Brokers

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-03 pm EDT 5-day change 1st Jan Change
5,000 IDR 0.00% Intraday chart for PT Asuransi Bina Dana Arta Tbk 0.00% -13.79%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,330,127 4,330,127 3,460,997 3,631,719 4,159,405 3,600,679
Enterprise Value (EV) 1 3,619,080 3,303,484 2,808,914 3,246,566 3,713,854 2,878,026
P/E ratio 62.7 x 49.5 x 25 x 23.1 x 45.6 x 42.6 x
Yield - 0.86% - - - -
Capitalization / Revenue 3.56 x 3.96 x 3.77 x 4.7 x 5.4 x 4.42 x
EV / Revenue 2.98 x 3.02 x 3.06 x 4.2 x 4.82 x 3.53 x
EV / EBITDA 62.8 x 28.3 x 13.5 x 16.6 x 30.2 x 34.5 x
EV / FCF 13.2 x 8.16 x -7.1 x -15.1 x 49.2 x 10.2 x
FCF Yield 7.55% 12.3% -14.1% -6.62% 2.03% 9.83%
Price to Book 3.25 x 3.45 x 2.5 x 2.4 x 2.76 x 2.32 x
Nbr of stocks (in thousands) 620,807 620,807 620,807 620,807 620,807 620,807
Reference price 2 6,975 6,975 5,575 5,850 6,700 5,800
Announcement Date 3/28/19 3/31/20 5/10/21 3/31/22 3/13/23 4/1/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,215,439 1,093,767 919,102 772,861 770,789 814,795
EBITDA 1 57,672 116,667 208,074 195,609 122,848 83,497
EBIT 1 48,928 107,947 200,065 187,282 112,822 73,930
Operating Margin 4.03% 9.87% 21.77% 24.23% 14.64% 9.07%
Earnings before Tax (EBT) 1 50,829 108,601 184,381 191,816 118,793 84,569
Net income 1 69,109 87,524 138,204 157,363 91,144 84,581
Net margin 5.69% 8% 15.04% 20.36% 11.82% 10.38%
EPS 2 111.3 141.0 222.6 253.5 146.8 136.2
Free Cash Flow 1 273,275 404,828 -395,510 -215,028 75,534 282,994
FCF margin 22.48% 37.01% -43.03% -27.82% 9.8% 34.73%
FCF Conversion (EBITDA) 473.84% 346.99% - - 61.49% 338.92%
FCF Conversion (Net income) 395.42% 462.53% - - 82.87% 334.58%
Dividend per Share - 60.00 - - - -
Announcement Date 3/28/19 3/31/20 5/10/21 3/31/22 3/13/23 4/1/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 711,046 1,026,643 652,084 385,153 445,550 722,652
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 273,275 404,828 -395,510 -215,028 75,534 282,994
ROE (net income / shareholders' equity) 5.1% 6.76% 10.5% 10.9% 6.04% 5.54%
ROA (Net income/ Total Assets) 1.04% 2.47% 4.94% 4.71% 2.84% 1.8%
Assets 1 6,618,407 3,548,219 2,794,931 3,343,317 3,210,781 4,701,312
Book Value Per Share 2 2,149 2,019 2,234 2,436 2,425 2,495
Cash Flow per Share 2 1,145 1,654 1,050 620.0 718.0 1,164
Capex 1 12,392 3,946 4,967 14,744 6,302 3,590
Capex / Sales 1.02% 0.36% 0.54% 1.91% 0.82% 0.44%
Announcement Date 3/28/19 3/31/20 5/10/21 3/31/22 3/13/23 4/1/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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