ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 10.5x - 11.6x | 11.1x |
| Selected Fwd EBITDA Multiple | 11.1x - 12.3x | 11.7x |
| Fair Value | Rp783.77 - Rp859.84 | Rp821.81 |
| Upside | -0.2% - 9.5% | 4.7% |
| Benchmarks | Ticker | Full Ticker |
| PT Sumber Tani Agung Resources Tbk | STAA | IDX:STAA |
| PT Nippon Indosari Corpindo Tbk | ROTI | IDX:ROTI |
| PT Cerestar Indonesia Tbk | TRGU | IDX:TRGU |
| PT Wilmar Cahaya Indonesia Tbk. | CEKA | IDX:CEKA |
| PT Astra Agro Lestari Tbk | AALI | IDX:AALI |
| PT Diamond Food Indonesia Tbk | DMND | IDX:DMND |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| STAA | ROTI | TRGU | CEKA | AALI | DMND | ||
| IDX:STAA | IDX:ROTI | IDX:TRGU | IDX:CEKA | IDX:AALI | IDX:DMND | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 26.4% | 6.4% | NM- | 6.7% | 4.1% | -0.5% | |
| 3Y CAGR | 3.9% | 6.0% | 10.1% | 17.6% | -9.5% | 2.7% | |
| Latest Twelve Months | 62.8% | 5.4% | -23.3% | 88.6% | 6.5% | 8.0% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 30.8% | 17.0% | 4.9% | 5.3% | 16.3% | 6.8% | |
| Prior Fiscal Year | 25.9% | 17.1% | 3.4% | 3.5% | 14.5% | 6.0% | |
| Latest Fiscal Year | 34.6% | 17.5% | 3.0% | 5.2% | 14.7% | 6.1% | |
| Latest Twelve Months | 34.6% | 17.5% | 3.0% | 5.2% | 14.7% | 6.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.57x | 1.41x | 0.61x | 0.09x | 0.50x | 0.71x | |
| EV / LTM EBITDA | 4.5x | 8.0x | 20.3x | 1.8x | 3.4x | 11.5x | |
| EV / LTM EBIT | 5.3x | 10.8x | 32.1x | 2.0x | 6.1x | 15.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 1.8x | 4.5x | 20.3x | ||||
| Historical EV / LTM EBITDA | 10.4x | 12.8x | 16.9x | ||||
| Selected EV / LTM EBITDA | 10.5x | 11.1x | 11.6x | ||||
| (x) LTM EBITDA | 600,230 | 600,230 | 600,230 | ||||
| (=) Implied Enterprise Value | 6,313,848 | 6,646,156 | 6,978,464 | ||||
| (-) Non-shareholder Claims * | 578,510 | 578,510 | 578,510 | ||||
| (=) Equity Value | 6,892,358 | 7,224,666 | 7,556,974 | ||||
| (/) Shares Outstanding | 9,468.4 | 9,468.4 | 9,468.4 | ||||
| Implied Value Range | 727.94 | 763.03 | 798.13 | ||||
| FX Rate: IDR/IDR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 727.94 | 763.03 | 798.13 | 785.00 | |||
| Upside / (Downside) | -7.3% | -2.8% | 1.7% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | STAA | ROTI | TRGU | CEKA | AALI | DMND | |
| Enterprise Value | 10,099,696 | 5,540,369 | 3,146,523 | 758,604 | 10,881,507 | 6,854,152 | |
| (+) Cash & Short Term Investments | 1,318,490 | 430,946 | 627 | 490,896 | 3,236,012 | 538,626 | |
| (+) Investments & Other | 16,100 | 8,602 | 0 | 0 | 410,417 | 68,851 | |
| (-) Debt | (1,517,090) | (623,098) | (1,716,974) | 0 | (3,189,537) | 0 | |
| (-) Other Liabilities | (431,262) | (5,794) | (1) | 0 | (560,144) | (28,967) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 9,485,934 | 5,351,025 | 1,430,174 | 1,249,500 | 10,778,255 | 7,432,662 | |
| (/) Shares Outstanding | 10,903.4 | 5,692.6 | 7,945.4 | 595.0 | 1,924.7 | 9,468.4 | |
| Implied Stock Price | 870.00 | 940.00 | 180.00 | 2,100.00 | 5,600.00 | 785.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 870.00 | 940.00 | 180.00 | 2,100.00 | 5,600.00 | 785.00 | |
| Trading Currency | IDR | IDR | IDR | IDR | IDR | IDR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |