Company Valuation: PT Aspirasi Hidup Indonesia Tbk

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 21,914,099 8,491,713 12,326,681 13,525,108 7,019,360 6,060,618 - -
Change - -61.25% 45.16% 9.72% -48.1% -13.66% - -
Enterprise Value (EV) 1 20,205 7,067 10,889 12,570 5,782 5,265 5,153 5,257
Change - -65.02% 54.1% 15.43% -54% -8.93% -2.13% 2%
P/E 31.1x 12.8x 16.1x 15.2x 10.5x 7.88x 7.2x 6.86x
PBR 4x 1.44x 2.01x 2.09x 1.08x 0.87x 0.85x 0.81x
PEG - -2.24x 1.1x 0.9x -0.4x 0.5x 0.76x 1.37x
Capitalization / Revenue 3.35x 1.26x 1.62x 1.58x 0.81x 0.63x 0.6x 0.54x
EV / Revenue 3.09x 1.04x 1.43x 1.46x 0.67x 0.55x 0.51x 0.47x
EV / EBITDA 16.3x 5.84x 8.08x 8.2x 3.99x 4.12x 3.49x 3.4x
EV / EBIT 25.6x 9.46x 12.6x 12.3x 9.24x 6.14x 5.21x 5.1x
EV / FCF 16.5x 13.8x 8.88x 20.8x 3.96x 12.7x 9.6x 9.08x
FCF Yield 6.04% 7.24% 11.3% 4.81% 25.2% 7.89% 10.4% 11%
Dividend per Share 3 32.15 - 31.06 - - 28.49 32.57 32.77
Rate of return 2.51% - 4.31% - - 8.05% 9.2% 9.26%
EPS 3 41.18 38.83 44.63 51.97 38.96 44.9 49.14 51.6
Distribution rate 78.1% - 69.6% - - 63.5% 66.3% 63.5%
Net sales 1 6,543 6,763 7,612 8,583 8,639 9,565 10,168 11,144
EBITDA 1 1,236 1,210 1,347 1,533 1,449 1,277 1,477 1,547
EBIT 1 787.7 746.7 863.1 1,024 625.6 857.1 988.5 1,030
Net income 1 704.4 664.3 763.5 892 668.7 771.6 861.8 922.6
Net Debt 1 -1,709 -1,425 -1,437 -955 -1,237 -795.2 -907.2 -804.1
Reference price 3 1,280.00 496.00 720.00 790.00 410.00 354.00 354.00 354.00
Nbr of stocks (in thousands) 17,120,390 17,120,390 17,120,390 17,120,390 17,120,390 17,120,390 - -
Announcement Date 3/30/22 3/31/23 4/1/24 4/2/25 3/31/26 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.55x2.22x14.86x2.85% 327B
17.16x1.62x11.56x2.43% 115B
12.91x0.54x5.21x3.96% 7.04B
19.66x2.46x9.53x5.99% 3.25B
20.89x2.09x12.58x2.58% 3.06B
13.9x1.5x8.5x5.86% 2.51B
13.82x - - - 2.11B
8.88x0.39x4.96x3.01% 1.54B
Average 16.22x 1.55x 9.60x 3.81% 57.68B
Weighted average by Cap. 20.90x 2.03x 13.76x 2.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  3. ACES Stock
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  5. Valuation PT Aspirasi Hidup Indonesia Tbk