Financials PT Bank Pan Indonesia Tbk

Equities

End-of-day quote INDONESIA S.E. Other stock markets 03:30:00 15/05/2024 am IST			5-day change	1st Jan Change
1,080 ^IDR	-0.92%		+0.47%	-10.74%

29/04	PT Bank Pan Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04/04	Nomura Adjusts Panin Bank’s Price Target to 1,325 Rupiahs From 1,500 Rupiahs, Keeps at Neutral	MT

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Capitalization ¹	3,21,57,007	2,56,46,846	3,70,85,581	2,91,38,671	2,60,08,070	-	-
Enterprise Value (EV) ¹	3,21,57,007	2,56,46,846	3,70,85,581	2,91,38,671	2,60,08,070	2,60,08,070	2,60,08,070
P/E ratio	9.69 x	8.27 x	12.2 x	11.5 x	12.4 x	12 x	11.3 x
Yield	-	-	1.3%	-	-	-	-
Capitalization / Revenue	2.96 x	2.12 x	3.1 x	2.47 x	2.19 x	2.06 x	1.93 x
EV / Revenue	2.96 x	2.12 x	3.1 x	2.47 x	2.19 x	2.06 x	1.93 x
EV / EBITDA	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	0.78 x	0.58 x	0.78 x	-	0.51 x	0.49 x	0.47 x
Nbr of stocks (in thousands)	2,40,87,646	2,40,81,546	2,40,81,546	2,40,81,546	2,40,81,546	-	-
Reference price ²	1,335	1,065	1,540	1,210	1,080	1,080	1,080
Announcement Date	27/02/20	06/04/21	09/03/23	23/02/24	-	-	-

¹IDR in Million²IDR

Estimates

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Net sales ¹	10,881	12,084	11,944	11,783	11,893	12,608	13,481
EBITDA	-	-	-	-	-	-	-
EBIT ¹	6,015	6,608	6,863	6,437	6,380	6,726	7,200
Operating Margin	55.28%	54.69%	57.46%	54.63%	53.65%	53.35%	53.41%
Earnings before Tax (EBT) ¹	4,596	4,072	4,089	3,776	3,119	3,220	3,431
Net income ¹	3,498	3,103	3,042	2,532	2,091	2,159	2,301
Net margin	32.15%	25.68%	25.47%	21.49%	17.58%	17.12%	17.07%
EPS ²	137.7	128.8	126.3	105.1	86.82	89.65	95.53
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	-	20.00	-	-	-	-
Announcement Date	27/02/20	06/04/21	09/03/23	23/02/24	-	-	-

¹IDR in Billions²IDR

Estimates

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	8.9%	7.66%	6.55%	-	6.2%	6.1%	6.3%
ROA (Net income/ Total Assets)	2.08%	1.91%	1.46%	-	0.91%	0.88%	0.9%
Assets ¹	1,68,187	1,62,474	2,08,448	-	2,29,780	2,45,341	2,55,667
Book Value Per Share ²	1,718	1,836	1,968	-	2,135	2,225	2,320
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	27/02/20	06/04/21	09/03/23	23/02/24	-	-	-

¹IDR in Billions²IDR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1,080 IDR

Average target price

1,325 IDR

Spread / Average Target

+22.69%

	1st Jan change	Capi.
PT BANK PAN INDONESIA TBK	-10.74%	162.49Cr
JPMORGAN CHASE & CO.	+18.82%	33TCr
BANK OF AMERICA CORPORATION	+15.56%	30TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+23.30%	25TCr
WELLS FARGO & COMPANY	+26.66%	22TCr
CHINA CONSTRUCTION BANK CORPORATION	+26.88%	18TCr
BANK OF CHINA LIMITED	+29.87%	17TCr
HSBC HOLDINGS PLC	+11.99%	16TCr
ROYAL BANK OF CANADA	+7.10%	15TCr
HDFC BANK LIMITED	-14.57%	13TCr