Company Valuation: PT Aneka Tambang Tbk

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 46,499,530 54,069,221 47,701,068 40,972,454 36,646,916 71,371,371 - -
Change - 16.28% -11.78% -14.11% -10.56% 94.75% - -
Enterprise Value (EV) 1 50,107 54,031 46,379 34,271 31,895 63,635 61,822 57,959
Change - 7.83% -14.16% -26.11% -6.93% 99.51% -2.85% -6.25%
P/E ratio 40.5x 29x 12.5x 13.3x 10x 10.7x 11.8x 10.4x
PBR 2.44x 2.59x 2.01x 1.34x 1.16x 2.06x 1.96x 1.83x
PEG - 0.5x 0x -0.7x 0.5x 0.1x -1.31x 0.8x
Capitalization / Revenue 1.7x 1.41x 1.04x 1x 0.53x 0.74x 0.76x 0.73x
EV / Revenue 1.83x 1.41x 1.01x 0.83x 0.46x 0.66x 0.66x 0.6x
EV / EBITDA 16.2x 14.8x 9.64x 7.99x 7x 6.93x 7.42x 6.22x
EV / EBIT 24.7x 19.7x 11.8x 13.1x 10.6x 8.2x 8.99x 7.39x
EV / FCF 30.3x 11.9x 13.6x 10.9x 11.8x 19.7x 10.9x 9.76x
FCF Yield 3.3% 8.41% 7.37% 9.13% 8.49% 5.09% 9.18% 10.2%
Dividend per Share 3 3.2 38.74 - 128.1 - 150.1 172.6 174.7
Rate of return 0.17% 1.72% - 7.51% - 5.05% 5.81% 5.88%
EPS 3 47.83 77.47 159 128.1 151.8 276.6 251.7 285.5
Distribution rate 6.69% 50% - 100% - 54.3% 68.6% 61.2%
Net sales 1 27,372 38,446 45,930 41,048 69,192 97,014 93,593 97,255
EBITDA 1 3,096 3,639 4,813 4,289 4,553 9,177 8,330 9,316
EBIT 1 2,032 2,738 3,942 2,617 2,998 7,764 6,876 7,846
Net income 1 1,149 1,862 3,821 3,078 3,647 6,647 6,049 6,883
Net Debt 1 3,608 -38.15 -1,322 -6,701 -4,752 -7,736 -9,550 -13,412
Reference price 3 1,935.00 2,250.00 1,985.00 1,705.00 1,525.00 2,970.00 2,970.00 2,970.00
Nbr of stocks (in thousands) 24,030,765 24,030,765 24,030,765 24,030,765 24,030,765 24,030,765 - -
Announcement Date 3/14/21 3/16/22 3/26/23 3/29/24 4/8/25 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.88x0.67x7.04x4.99% 4.43B
33.65x18.76x20.47x0.98% 29.78B
7.38x - - - 14.53B
16.21x - - 3.6% 10.12B
16.72x3.74x12.77x1.81% 9.71B
18.29x1.86x4.61x0.81% 8.6B
10.47x1.92x3.31x3.62% 7.11B
24.5x14.04x17.32x0.96% 4.76B
53.23x14.56x18.92x0.61% 2.8B
Average 21.26x 7.93x 12.06x 2.17% 10.2B
Weighted average by Cap. 21.57x 10.94x 14.34x 1.87%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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