Financials PT AKR Corporindo Tbk

Equities

AKRA

ID1000106701

Oil & Gas Refining and Marketing

End-of-day quote INDONESIA S.E. 03:30:00 27/06/2024 am IST 5-day change 1st Jan Change
1,645 IDR +0.30% Intraday chart for PT AKR Corporindo Tbk +4.11% +11.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,58,58,045 1,25,52,840 1,62,23,953 2,76,32,037 2,91,12,325 3,24,67,644 - -
Enterprise Value (EV) 2 18,607 15,120 16,681 27,632 27,205 29,350 27,830 32,468
P/E ratio 21.9 x 13.6 x 14.6 x 11.5 x 10.5 x 10.7 x 10.2 x 9.08 x
Yield 2.78% 1.57% 3.53% - 5.08% 4.99% 5.59% 6.32%
Capitalization / Revenue 0.73 x 0.71 x 0.63 x 0.58 x 0.69 x 0.76 x 0.72 x 0.68 x
EV / Revenue 0.86 x 0.85 x 0.65 x 0.58 x 0.65 x 0.69 x 0.62 x 0.68 x
EV / EBITDA 13.1 x 9.48 x 9.21 x 7.97 x 6.88 x 6.5 x 5.85 x 6.32 x
EV / FCF -156 x 20.8 x 6.17 x 11.8 x 9.49 x 5.9 x 5.72 x 5.43 x
FCF Yield -0.64% 4.8% 16.2% 8.46% 10.5% 16.9% 17.5% 18.4%
Price to Book 1.9 x 1.43 x 1.74 x 2.52 x 2.58 x 2.61 x 2.38 x 2.15 x
Nbr of stocks (in thousands) 2,00,73,475 1,97,37,170 1,97,37,170 1,97,37,170 1,97,37,170 1,97,37,170 - -
Reference price 3 790.0 636.0 822.0 1,400 1,475 1,645 1,645 1,645
Announcement Date 17/03/20 25/03/21 22/03/22 24/03/23 20/03/24 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 21,703 17,716 25,707 47,540 42,087 42,623 44,848 47,713
EBITDA 1 1,421 1,595 1,812 3,465 3,953 4,518 4,757 5,139
EBIT 1 1,094 1,258 1,455 3,087 3,561 3,995 4,171 4,687
Operating Margin 5.04% 7.1% 5.66% 6.49% 8.46% 9.37% 9.3% 9.82%
Earnings before Tax (EBT) 1 899.1 1,227 1,437 3,086 3,687 4,186 4,384 4,762
Net income 1 717.2 924.9 1,112 2,403 2,780 3,070 3,157 3,468
Net margin 3.3% 5.22% 4.33% 5.06% 6.61% 7.2% 7.04% 7.27%
EPS 2 36.06 46.71 56.32 121.8 140.9 154.4 161.0 181.1
Free Cash Flow 3 -1,19,497 7,25,956 27,02,799 23,38,662 28,66,095 49,74,500 48,65,000 59,78,500
FCF margin -550.61% 4,097.76% 10,513.84% 4,919.36% 6,809.94% 11,671.02% 10,847.65% 12,530.04%
FCF Conversion (EBITDA) - 45,525.52% 1,49,176.41% 67,489.1% 72,512.39% 1,10,097.6% 1,02,266.86% 1,16,343.31%
FCF Conversion (Net income) - 78,488.68% 2,43,057.45% 97,309.03% 1,03,083.97% 1,62,054.33% 1,54,080.47% 1,72,367.25%
Dividend per Share 2 22.00 10.00 29.00 - 75.00 82.08 91.94 104.0
Announcement Date 17/03/20 25/03/21 22/03/22 24/03/23 20/03/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 10,134 11,975 - 8,963 10,123 - 9,811 11,967 11,046 13,808 9,954 12,940
EBITDA 1 - - - - - - 1,465 797.1 1,190 1,098 1,373 1,046 1,360
EBIT 1 - - - - 552.6 - - 692.3 1,077 994.1 1,243 955.9 1,243
Operating Margin - - - - 6.16% - - 7.06% 9% 9% 9% 9.6% 9.6%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 315 - - 607.3 423.7 - 1,070 595.5 - - - - -
Net margin - - - - 4.73% - - 6.07% - - - - -
EPS 2 - - - 30.77 - - - 30.17 40.98 37.83 47.29 35.83 46.58
Dividend per Share 2 - - - - - - - - - - 122.9 - -
Announcement Date 22/03/22 25/04/22 25/07/22 26/04/23 26/07/23 25/10/23 20/03/24 25/04/24 - - - - -
1IDR in Billions2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,749 2,567 457 - - - - -
Net Cash position 1 - - - - 1,907 3,118 4,638 -
Leverage (Debt/EBITDA) 1.935 x 1.61 x 0.2523 x - - - - -
Free Cash Flow 2 -1,19,497 7,25,956 27,02,799 23,38,662 28,66,095 49,74,500 48,65,000 59,78,500
ROE (net income / shareholders' equity) 8.59% 10.8% 12.3% 23.7% 25% 26% 25.2% 26.1%
ROA (Net income/ Total Assets) 3.47% 4.61% 5.27% 9.48% 9.68% 10.2% 10% 9.97%
Assets 1 20,675 20,046 21,103 25,348 28,721 30,034 31,426 34,801
Book Value Per Share 3 415.0 443.0 473.0 556.0 571.0 630.0 691.0 765.0
Cash Flow per Share 3 34.60 53.90 149.0 133.0 177.0 200.0 226.0 266.0
Capex 1 807 341 242 2,629 636 275 227 224
Capex / Sales 3.72% 1.92% 0.94% 5.53% 1.51% 0.65% 0.51% 0.47%
Announcement Date 17/03/20 25/03/21 22/03/22 24/03/23 20/03/24 - - -
1IDR in Billions2IDR in Million3IDR
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
13
Last Close Price
1,645 IDR
Average target price
2,006 IDR
Spread / Average Target
+21.95%
Consensus
  1. Stock Market
  2. Equities
  3. AKRA Stock
  4. Financials PT AKR Corporindo Tbk