Financials PT Saraswanti Anugerah Makmur, Tbk

Equities

SAMF

ID1000155104

Agricultural Chemicals

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
750 IDR +0.67% Intraday chart for PT Saraswanti Anugerah Makmur, Tbk +2.04% +0.67%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 2,039,750 5,611,875 2,408,750 3,818,125
Enterprise Value (EV) 1 2,316,743 6,043,628 2,926,289 4,438,520
P/E ratio 17.9 x 33.9 x 7.21 x 9.4 x
Yield 4.38% 1.53% 6.38% -
Capitalization / Revenue 1.45 x 3.03 x 0.65 x 0.86 x
EV / Revenue 1.64 x 3.26 x 0.79 x 0.99 x
EV / EBITDA 10.6 x 22.9 x 5.43 x 7.02 x
EV / FCF 17 x -54.4 x -45.7 x -90.1 x
FCF Yield 5.89% -1.84% -2.19% -1.11%
Price to Book 2.68 x 6.71 x 2.22 x 2.86 x
Nbr of stocks (in thousands) 5,125,000 5,125,000 5,125,000 5,125,000
Reference price 2 398.0 1,095 470.0 745.0
Announcement Date 4/30/21 4/21/22 3/28/23 3/28/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,204,258 1,282,791 1,409,226 1,852,362 3,689,404 4,463,508
EBITDA 1 201,973 211,597 218,533 264,112 538,731 632,290
EBIT 1 184,819 194,088 200,934 240,684 514,290 603,385
Operating Margin 15.35% 15.13% 14.26% 12.99% 13.94% 13.52%
Earnings before Tax (EBT) 1 112,116 111,375 150,387 218,507 441,547 536,965
Net income 1 81,532 82,117 113,829 165,349 334,149 406,352
Net margin 6.77% 6.4% 8.08% 8.93% 9.06% 9.1%
EPS 2 22.65 18.88 22.21 32.34 65.20 79.29
Free Cash Flow 1 48,324 198,693 136,494 -111,094 -64,049 -49,241
FCF margin 4.01% 15.49% 9.69% -6% -1.74% -1.1%
FCF Conversion (EBITDA) 23.93% 93.9% 62.46% - - -
FCF Conversion (Net income) 59.27% 241.96% 119.91% - - -
Dividend per Share - 10.30 17.42 16.70 30.00 -
Announcement Date 3/29/20 5/17/20 4/30/21 4/21/22 3/28/23 3/28/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 596,917 477,945 276,993 431,753 517,539 620,395
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.955 x 2.259 x 1.268 x 1.635 x 0.9607 x 0.9812 x
Free Cash Flow 1 48,324 198,693 136,494 -111,094 -64,049 -49,241
ROE (net income / shareholders' equity) 15% 14.2% 16.7% 20.8% 34.9% 33.6%
ROA (Net income/ Total Assets) 8.12% 8.76% 9.34% 9.69% 13.2% 12.8%
Assets 1 1,003,953 937,296 1,218,913 1,706,621 2,526,630 3,174,101
Book Value Per Share 2 159.0 140.0 148.0 163.0 212.0 261.0
Cash Flow per Share 2 16.70 13.50 9.030 19.50 60.70 32.30
Capex 1 3,558 53,203 65,761 32,039 93,947 41,803
Capex / Sales 0.3% 4.15% 4.67% 1.73% 2.55% 0.94%
Announcement Date 3/29/20 5/17/20 4/30/21 4/21/22 3/28/23 3/28/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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