Financials PT Semen Baturaja (Persero) Tbk

Equities

SMBR

ID1000127806

Construction Materials

End-of-day quote INDONESIA S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
232 IDR -1.69% Intraday chart for PT Semen Baturaja (Persero) Tbk -3.33% -16.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 17,381,935 4,370,315 10,578,149 6,158,171 3,833,958 2,761,245
Enterprise Value (EV) 1 18,333,848 5,753,282 11,943,647 7,365,901 4,750,601 3,554,614
P/E ratio 228 x 145 x 1,065 x 119 x 40.4 x 22.7 x
Yield 0.11% - - - - -
Capitalization / Revenue 8.71 x 2.19 x 6.14 x 3.52 x 2.04 x 1.35 x
EV / Revenue 9.19 x 2.88 x 6.94 x 4.21 x 2.52 x 1.74 x
EV / EBITDA 44.5 x 14.6 x 29.5 x 18.8 x 11.5 x 7.79 x
EV / FCF -50.2 x -24.3 x 50.5 x 38.4 x 18.4 x 112 x
FCF Yield -1.99% -4.11% 1.98% 2.6% 5.44% 0.89%
Price to Book 5 x 1.26 x 3.1 x 1.78 x 1.24 x 0.87 x
Nbr of stocks (in thousands) 9,932,534 9,932,534 9,932,534 9,932,534 9,932,534 9,932,534
Reference price 2 1,750 440.0 1,065 620.0 386.0 278.0
Announcement Date 19-02-28 20-05-29 21-04-01 22-02-26 23-03-08 24-03-11
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,995,808 1,999,517 1,721,907 1,751,586 1,881,767 2,040,679
EBITDA 1 411,625 393,628 404,989 390,855 412,632 456,536
EBIT 1 260,316 231,190 215,723 234,765 260,377 251,570
Operating Margin 13.04% 11.56% 12.53% 13.4% 13.84% 12.33%
Earnings before Tax (EBT) 1 145,357 86,572 36,468 68,354 115,267 162,583
Net income 1 76,072 30,072 10,985 51,816 94,827 121,571
Net margin 3.81% 1.5% 0.64% 2.96% 5.04% 5.96%
EPS 2 7.659 3.028 1.000 5.217 9.547 12.24
Free Cash Flow 1 -365,455 -236,378 236,460 191,691 258,202 31,793
FCF margin -18.31% -11.82% 13.73% 10.94% 13.72% 1.56%
FCF Conversion (EBITDA) - - 58.39% 49.04% 62.57% 6.96%
FCF Conversion (Net income) - - 2,152.66% 369.95% 272.29% 26.15%
Dividend per Share 2 1.910 - - - - -
Announcement Date 19-02-28 20-05-29 21-04-01 22-02-26 23-03-08 24-03-11
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 951,912 1,382,967 1,365,498 1,207,730 916,643 793,369
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.313 x 3.513 x 3.372 x 3.09 x 2.221 x 1.738 x
Free Cash Flow 1 -365,455 -236,378 236,460 191,691 258,202 31,793
ROE (net income / shareholders' equity) 2.21% 0.86% 0.32% 1.51% 3.12% 3.9%
ROA (Net income/ Total Assets) 3.07% 2.6% 2.38% 2.54% 3.1% 3.11%
Assets 1 2,477,753 1,156,050 460,666 2,040,313 3,054,404 3,904,514
Book Value Per Share 2 350.0 351.0 343.0 349.0 311.0 318.0
Cash Flow per Share 2 46.90 18.70 36.50 53.80 52.60 9.910
Capex 1 214,672 256,496 117,842 32,665 48,360 97,410
Capex / Sales 10.76% 12.83% 6.84% 1.86% 2.57% 4.77%
Announcement Date 19-02-28 20-05-29 21-04-01 22-02-26 23-03-08 24-03-11
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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