Financials PT Bank Tabungan Negara (Persero) Tbk

Equities

BBTN

ID1000113707

Banks

End-of-day quote INDONESIA S.E. 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
1,265 IDR -1.17% Intraday chart for PT Bank Tabungan Negara (Persero) Tbk -1.94% +1.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 22,450,800 18,267,750 18,320,700 14,296,500 17,543,056 17,753,572 - -
Enterprise Value (EV) 1 22,450,800 18,267,750 18,320,700 14,296,500 17,543,056 17,753,572 17,753,572 17,753,572
P/E ratio 106 x 11.4 x 7.72 x 5.72 x 5.02 x 4.75 x 4.22 x 3.6 x
Yield 0.09% 0.11% 1.25% 1.61% 3.9% 3.2% 3.95% 3.85%
Capitalization / Revenue 2.03 x 1.6 x 1.19 x 0.82 x 1 x 0.95 x 0.86 x 0.77 x
EV / Revenue 2.03 x 1.6 x 1.19 x 0.82 x 1 x 0.95 x 0.86 x 0.77 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.94 x 0.91 x 0.86 x 0.55 x 0.58 x 0.54 x 0.49 x 0.43 x
Nbr of stocks (in thousands) 10,590,000 10,590,000 10,590,000 10,590,000 14,034,444 14,034,444 - -
Reference price 2 2,120 1,725 1,730 1,350 1,250 1,265 1,265 1,265
Announcement Date 20-02-15 21-02-15 22-02-08 23-02-16 24-02-12 - - -
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,072 11,428 15,354 17,423 17,515 18,774 20,715 23,007
EBITDA - - - - - - - -
EBIT 1 4,008 4,589 6,664 7,975 8,235 8,816 9,752 11,164
Operating Margin 36.2% 40.15% 43.4% 45.77% 47.02% 46.96% 47.08% 48.53%
Earnings before Tax (EBT) 1 411.1 2,271 2,993 3,876 4,380 4,689 5,343 6,142
Net income 1 209.3 1,602 2,376 3,045 3,501 3,735 4,212 4,892
Net margin 1.89% 14.02% 15.48% 17.48% 19.99% 19.89% 20.33% 21.26%
EPS 2 20.00 151.0 224.0 236.0 249.0 266.2 299.4 351.0
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.970 1.899 21.63 21.80 48.74 40.53 49.98 48.67
Announcement Date 20-02-15 21-02-15 22-02-08 23-02-16 24-02-12 - - -
1IDR in Billions2IDR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q3 2022 Q4 2023 Q1 2023 Q3 2023 Q4
Net sales 3,574 - 4,510 3,996 - -
EBITDA - - - - - -
EBIT - 1,964 2,426 1,767 - -
Operating Margin - - 53.78% 44.22% - -
Earnings before Tax (EBT) - - - 1,014 - -
Net income 1 - 803.9 770.2 801 838.3 1,188
Net margin - - 17.08% 20.05% - -
EPS - - - - 60.00 -
Dividend per Share - - - - - -
Announcement Date 22-05-16 22-10-27 23-02-16 23-04-26 23-11-28 24-02-12
1IDR in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 0.88% 7.31% 13.6% 16.4% 13.9% 12.1% 12.8% 13.4%
ROA (Net income/ Total Assets) 0.07% 0.48% 0.81% 1.02% 1.29% 0.81% 0.87% 0.94%
Assets 1 309,103 336,496 293,361 298,529 271,394 459,896 483,099 519,928
Book Value Per Share 2 2,251 1,887 2,021 2,447 2,172 2,333 2,561 2,957
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-02-15 21-02-15 22-02-08 23-02-16 24-02-12 - - -
1IDR in Billions2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
1,265 IDR
Average target price
1,744 IDR
Spread / Average Target
+37.86%
Consensus

Quarterly revenue - Rate of surprise

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