Financials PT Equity Development Investment Tbk

Equities

GSMF

ID1000074206

Multiline Insurance & Brokers

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
50 IDR -1.96% Intraday chart for PT Equity Development Investment Tbk -1.96% -18.03%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 879,657 700,744 745,472 708,199 2,291,094 1,109,971
Enterprise Value (EV) 1 1,123,630 1,084,484 1,005,488 963,145 2,333,792 979,699
P/E ratio 12 x 11.9 x 18.9 x 38.4 x 209 x 61.1 x
Yield - - - - - -
Capitalization / Revenue 0.72 x 0.59 x 0.56 x 0.63 x 1.73 x 0.68 x
EV / Revenue 0.92 x 0.91 x 0.76 x 0.85 x 1.77 x 0.6 x
EV / EBITDA 7.78 x 7.49 x 7.18 x 8.55 x 35.2 x 4.81 x
EV / FCF -4.78 x 16.4 x -5.16 x 7.48 x -36.7 x 2.9 x
FCF Yield -20.9% 6.08% -19.4% 13.4% -2.72% 34.4%
Price to Book 0.67 x 0.51 x 0.52 x 0.52 x 0.93 x 0.45 x
Nbr of stocks (in thousands) 7,454,723 7,454,723 7,454,723 7,454,723 14,230,400 14,230,400
Reference price 2 118.0 94.00 100.0 95.00 161.0 78.00
Announcement Date 4/2/18 3/31/19 6/29/20 6/30/21 4/28/22 4/12/23
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,226,091 1,194,024 1,331,376 1,128,677 1,321,475 1,622,849
EBITDA 1 144,353 144,849 139,980 112,709 66,334 203,854
EBIT 1 129,836 129,823 124,728 96,660 51,682 180,012
Operating Margin 10.59% 10.87% 9.37% 8.56% 3.91% 11.09%
Earnings before Tax (EBT) 1 100,915 100,771 66,759 57,810 31,284 79,367
Net income 1 73,512 58,726 39,440 18,462 6,168 18,175
Net margin 6% 4.92% 2.96% 1.64% 0.47% 1.12%
EPS 2 9.861 7.878 5.291 2.477 0.7691 1.277
Free Cash Flow 1 -235,104 65,976 -194,906 128,796 -63,541 337,333
FCF margin -19.18% 5.53% -14.64% 11.41% -4.81% 20.79%
FCF Conversion (EBITDA) - 45.55% - 114.27% - 165.48%
FCF Conversion (Net income) - 112.34% - 697.63% - 1,856.03%
Dividend per Share - - - - - -
Announcement Date 4/2/18 3/31/19 6/29/20 6/30/21 4/28/22 4/12/23
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 243,972 383,740 260,016 254,946 42,698 -
Net Cash position 1 - - - - - 130,272
Leverage (Debt/EBITDA) 1.69 x 2.649 x 1.858 x 2.262 x 0.6437 x -
Free Cash Flow 1 -235,104 65,976 -194,906 128,796 -63,541 337,333
ROE (net income / shareholders' equity) 6.36% 4.86% 3.2% 1.78% 0.58% 1.76%
ROA (Net income/ Total Assets) 1.8% 1.72% 1.61% 1.29% 0.65% 2.01%
Assets 1 4,085,139 3,412,740 2,455,179 1,436,284 955,242 903,016
Book Value Per Share 2 175.0 184.0 191.0 183.0 174.0 173.0
Cash Flow per Share 2 24.10 18.80 31.30 26.00 21.50 16.80
Capex 1 20,605 14,373 19,493 6,522 13,920 16,517
Capex / Sales 1.68% 1.2% 1.46% 0.58% 1.05% 1.02%
Announcement Date 4/2/18 3/31/19 6/29/20 6/30/21 4/28/22 4/12/23
1IDR in Million2IDR
Estimates
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