PT ASAHIMAS FLAT GLASS TBK |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5,500 IDR | -1.79% |
|
-2.65% | -6.78% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,601,460 | 1,488,620 | 1,171,800 | 1,926,960 | 2,408,700 | 2,560,600 |
| Enterprise Value (EV) 1 | 4,585,327 | 5,372,456 | 4,767,365 | 4,646,912 | 4,701,014 | 4,253,358 |
| P/E ratio | 243 x | -11.3 x | -2.72 x | 6.05 x | 5.51 x | 4.39 x |
| Yield | 0.81% | - | - | 1.8% | 1.44% | - |
| Capitalization / Revenue | 0.36 x | 0.35 x | 0.31 x | 0.41 x | 0.43 x | 0.43 x |
| EV / Revenue | 1.03 x | 1.25 x | 1.27 x | 0.98 x | 0.84 x | 0.72 x |
| EV / EBITDA | 8.3 x | 14.6 x | 21.3 x | 4.66 x | 3.55 x | 3.09 x |
| EV / FCF | -3.45 x | -4.21 x | 10.9 x | 6.61 x | 16.9 x | 10.2 x |
| FCF Yield | -29% | -23.7% | 9.14% | 15.1% | 5.91% | 9.84% |
| Price to Book | 0.45 x | 0.44 x | 0.4 x | 0.59 x | 0.65 x | 0.6 x |
| Nbr of stocks (in thousands) | 434,000 | 434,000 | 434,000 | 434,000 | 434,000 | 434,000 |
| Reference price 2 | 3,690 | 3,430 | 2,700 | 4,440 | 5,550 | 5,900 |
| Announcement Date | 3/29/19 | 4/9/20 | 5/25/21 | 3/30/22 | 3/30/23 | 3/13/24 |
1IDR in Million2IDR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,443,262 | 4,289,776 | 3,767,789 | 4,748,139 | 5,571,767 | 5,913,565 |
| EBITDA 1 | 552,709 | 367,720 | 224,015 | 997,906 | 1,323,678 | 1,375,581 |
| EBIT 1 | 159,787 | -113,904 | -297,486 | 484,523 | 815,764 | 864,945 |
| Operating Margin | 3.6% | -2.66% | -7.9% | 10.2% | 14.64% | 14.63% |
| Earnings before Tax (EBT) 1 | 11,184 | -168,416 | -465,748 | 378,799 | 565,840 | 755,750 |
| Net income 1 | 6,596 | -132,223 | -430,987 | 318,672 | 437,370 | 583,297 |
| Net margin | 0.15% | -3.08% | -11.44% | 6.71% | 7.85% | 9.86% |
| EPS 2 | 15.20 | -304.7 | -993.1 | 734.3 | 1,008 | 1,344 |
| Free Cash Flow 1 | -1,329,239 | -1,275,143 | 435,820 | 702,759 | 278,062 | 418,683 |
| FCF margin | -29.92% | -29.73% | 11.57% | 14.8% | 4.99% | 7.08% |
| FCF Conversion (EBITDA) | - | - | 194.55% | 70.42% | 21.01% | 30.44% |
| FCF Conversion (Net income) | - | - | - | 220.53% | 63.58% | 71.78% |
| Dividend per Share 2 | 30.00 | - | - | 80.00 | 80.00 | - |
| Announcement Date | 3/29/19 | 4/9/20 | 5/25/21 | 3/30/22 | 3/30/23 | 3/13/24 |
1IDR in Million2IDR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 2,983,867 | 3,883,836 | 3,595,565 | 2,719,952 | 2,292,314 | 1,692,758 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.399 x | 10.56 x | 16.05 x | 2.726 x | 1.732 x | 1.231 x |
| Free Cash Flow 1 | -1,329,239 | -1,275,143 | 435,820 | 702,759 | 278,062 | 418,683 |
| ROE (net income / shareholders' equity) | 0.18% | -3.77% | -13.6% | 10.2% | 12.5% | 14.7% |
| ROA (Net income/ Total Assets) | 1.36% | -0.83% | -2.23% | 3.94% | 6.86% | 7.22% |
| Assets 1 | 485,500 | 15,945,851 | 19,355,414 | 8,084,634 | 6,378,073 | 8,074,880 |
| Book Value Per Share 2 | 8,287 | 7,857 | 6,751 | 7,588 | 8,572 | 9,771 |
| Cash Flow per Share 2 | 683.0 | 675.0 | 689.0 | 305.0 | 247.0 | 343.0 |
| Capex 1 | 1,914,669 | 963,065 | 157,390 | 92,635 | 164,073 | 227,583 |
| Capex / Sales | 43.09% | 22.45% | 4.18% | 1.95% | 2.94% | 3.85% |
| Announcement Date | 3/29/19 | 4/9/20 | 5/25/21 | 3/30/22 | 3/30/23 | 3/13/24 |
1IDR in Million2IDR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -6.78% | 147M | |
| -26.76% | 2.11B | |
| -27.57% | 1.9B | |
| -1.62% | 1.81B | |
| -10.33% | 1.17B | |
| +25.65% | 806M | |
| +49.74% | 675M | |
| -20.76% | 635M | |
| -12.57% | 510M | |
| -23.10% | 500M |
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