Financials PT Sekar Bumi Tbk

Equities

SKBM

ID1000124407

Food Processing

End-of-day quote INDONESIA S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
270 IDR -1.46% Intraday chart for PT Sekar Bumi Tbk -1.46% -14.01%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,199,572 707,661 559,299 622,837 653,979 543,252
Enterprise Value (EV) 1 1,445,367 1,043,978 887,329 1,039,667 979,436 806,732
P/E ratio 86.7 x 169 x 54.1 x 21 x 7.58 x 363 x
Yield - - 0.37% 0.97% 2.64% -
Capitalization / Revenue 0.61 x 0.34 x 0.18 x 0.16 x 0.17 x 0.19 x
EV / Revenue 0.74 x 0.5 x 0.28 x 0.27 x 0.26 x 0.28 x
EV / EBITDA 17.8 x 11.2 x 8.15 x 8.48 x 5.46 x 6.52 x
EV / FCF -26.8 x -15 x 127 x -15.6 x 18.5 x 11.7 x
FCF Yield -3.74% -6.68% 0.79% -6.41% 5.4% 8.52%
Price to Book 1.35 x 0.79 x 0.62 x 0.67 x 0.65 x 0.54 x
Nbr of stocks (in thousands) 1,726,003 1,726,003 1,726,233 1,730,103 1,730,103 1,730,103
Reference price 2 695.0 410.0 324.0 360.0 378.0 314.0
Announcement Date 4/4/19 5/18/20 6/30/21 4/27/22 4/1/23 4/2/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,953,911 2,104,705 3,165,530 3,847,887 3,802,296 2,839,561
EBITDA 1 80,986 92,866 108,829 122,663 179,505 123,686
EBIT 1 45,744 52,463 66,430 83,334 138,015 79,999
Operating Margin 2.34% 2.49% 2.1% 2.17% 3.63% 2.82%
Earnings before Tax (EBT) 1 20,887 5,163 13,569 44,153 117,188 11,946
Net income 1 13,832 4,187 10,341 29,560 86,221 1,496
Net margin 0.71% 0.2% 0.33% 0.77% 2.27% 0.05%
EPS 2 8.014 2.426 5.991 17.11 49.84 0.8648
Free Cash Flow 1 -53,985 -69,769 7,014 -66,600 52,848 68,698
FCF margin -2.76% -3.31% 0.22% -1.73% 1.39% 2.42%
FCF Conversion (EBITDA) - - 6.44% - 29.44% 55.54%
FCF Conversion (Net income) - - 67.83% - 61.29% 4,591.59%
Dividend per Share - - 1.200 3.500 9.970 -
Announcement Date 4/4/19 5/18/20 6/30/21 4/27/22 4/1/23 4/2/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 245,795 336,316 328,030 416,830 325,457 263,480
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.035 x 3.622 x 3.014 x 3.398 x 1.813 x 2.13 x
Free Cash Flow 1 -53,985 -69,769 7,014 -66,600 52,848 68,698
ROE (net income / shareholders' equity) 1.55% 0.09% 0.54% 3.04% 8.38% 0.22%
ROA (Net income/ Total Assets) 1.68% 1.83% 2.31% 2.79% 4.3% 2.58%
Assets 1 821,158 229,332 446,969 1,061,110 2,005,428 58,081
Book Value Per Share 2 514.0 517.0 519.0 536.0 582.0 577.0
Cash Flow per Share 2 156.0 98.90 102.0 125.0 163.0 167.0
Capex 1 46,831 27,684 16,129 29,982 24,380 60,037
Capex / Sales 2.4% 1.32% 0.51% 0.78% 0.64% 2.11%
Announcement Date 4/4/19 5/18/20 6/30/21 4/27/22 4/1/23 4/2/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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