Company Valuation: PT Itama Ranoraya Tbk

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,378,204 3,160,000 1,688,474 1,249,921 603,127 639,315
Change - 32.87% -46.57% -25.97% -51.75% 6%
Enterprise Value (EV) 1 2,145,649 3,104,705 1,731,896 1,398,753 1,195,639 1,395,096
Change - 44.7% -44.22% -19.24% -14.52% 16.68%
P/E 40.2x 27x 35.2x 238x 11.3x 9.99x
PBR 9.9x 6.23x 3.49x 2.63x 1.18x 1.11x
PEG - 0.3x -0.6x -2.7x 0x 0.5x
Capitalization / Revenue 4.22x 2.39x 2.24x 1.8x 0.62x 0.58x
EV / Revenue 3.81x 2.35x 2.3x 2.01x 1.22x 1.27x
EV / EBITDA 26.2x 20.8x 21.1x 40.5x 12.1x 12.1x
EV / EBIT 27.3x 21.6x 23.1x 52.2x 13x 13.9x
EV / FCF 16.5x -20.5x -44.5x -20x -4.64x -3.45x
FCF Yield 6.08% -4.87% -2.25% -5% -21.6% -29%
Dividend per Share 2 12 18.75 - - - -
Rate of return 0.75% 0.95% - - - -
EPS 2 39.79 73.21 30.68 3.366 35.32 42.44
Distribution rate 30.2% 25.6% - - - -
Net sales 1 563,888 1,319,728 753,572 696,304 977,488 1,100,211
EBITDA 1 81,744 149,100 82,114 34,507 98,896 115,175
EBIT 1 78,644 143,945 75,058 26,795 92,126 100,680
Net income 1 60,522 112,155 48,005 5,198 53,263 65,529
Net Debt 1 -232,555 -55,295 43,423 148,832 592,512 755,782
Reference price 2 1,600.00 1,975.00 1,080.00 800.00 400.00 424.00
Nbr of stocks (in thousands) 1,486,378 1,600,000 1,563,401 1,562,401 1,507,817 1,507,817
Announcement Date 2/18/21 3/8/22 3/30/23 4/2/24 3/26/25 3/31/26
1IDR in Million2IDR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 28.65M
36.37x4.28x16.09x2.36% 190B
22.04x3.74x13.39x2.79% 125B
28.1x4.99x17.09x1.11% 124B
34.01x3.25x13.13x2.1% 99.31B
17.69x0.21x13.23x0.71% 63.65B
43.19x3.82x12.99x1.97% 57.71B
44.96x11.29x31.68x-.--% 53.26B
26.84x6.63x16.85x1.5% 47.03B
44.32x3.5x13.01x0.49% 36.15B
Average 33.06x 4.63x 16.38x 1.45% 79.62B
Weighted average by Cap. 31.92x 4.39x 15.95x 1.75%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PT Itama Ranoraya Tbk

Historical PBR trend

Valuation ratios - PBR - PT Itama Ranoraya Tbk

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PT Itama Ranoraya Tbk

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PT Itama Ranoraya Tbk

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