Financials PT Cikarang Listrindo Tbk

Equities

POWR

ID1000137201

Electric Utilities

End-of-day quote INDONESIA S.E. Other stock markets 03:30:00 26/04/2024 am IST			5-day change	1st Jan Change
675 ^IDR	-1.46%		-0.74%	-4.93%

29/02	PT Cikarang Listrindo Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Cikarang Listrindo Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,138	782.7	678.4	666.1	728.4	657.6	-	-
Enterprise Value (EV) ¹	1,138	1,051	944.9	907.3	728.4	657.7	657.7	657.7
P/E ratio	-	-	7.55 x	9.18 x	9.42 x	8.32 x	6.93 x	-
Yield	2.46%	7.55%	9.73%	-	-	12%	12%	-
Capitalization / Revenue	-	1.68 x	1.32 x	1.21 x	1.33 x	1.2 x	1.2 x	1.2 x
EV / Revenue	-	2.26 x	1.84 x	1.65 x	1.33 x	1.2 x	1.2 x	1.2 x
EV / EBITDA	-	5.61 x	4.59 x	4.37 x	3.9 x	3.44 x	3.36 x	3.3 x
EV / FCF	-	-	7.83 x	8.44 x	-	7.47 x	6.39 x	6.09 x
FCF Yield	-	-	12.8%	11.8%	-	13.4%	15.7%	16.4%
Price to Book	-	-	0.97 x	0.95 x	-	0.95 x	0.92 x	0.9 x
Nbr of stocks (in thousands)	1,58,08,207	1,57,48,386	1,57,58,218	1,57,69,997	1,57,84,149	1,58,05,794	-	-
Reference price ²	0.0720	0.0497	0.0430	0.0422	0.0462	0.0416	0.0416	0.0416
Announcement Date	30/05/20	12/04/21	08/04/22	01/03/23	29/02/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	465.9	514.9	550.5	546.1	549	548	546
EBITDA ¹	-	187.5	206.1	207.8	187	191	196	199
EBIT ¹	-	131.9	150.2	151.3	128.8	136	139	142
Operating Margin	-	28.32%	29.18%	27.48%	23.58%	24.77%	25.36%	26.01%
Earnings before Tax (EBT) ¹	-	105.1	120.7	111.3	112.3	120	124	125
Net income ¹	-	74.75	90.44	72.54	76.98	87	90	93
Net margin	-	16.04%	17.57%	13.18%	14.1%	15.85%	16.42%	17.03%
EPS ²	-	-	0.005700	0.004600	0.004900	0.005000	0.006000	-
Free Cash Flow ¹	-	-	120.7	107.4	-	88	103	108
FCF margin	-	-	23.44%	19.52%	-	16.03%	18.8%	19.78%
FCF Conversion (EBITDA)	-	-	58.57%	51.7%	-	46.07%	52.55%	54.27%
FCF Conversion (Net income)	-	-	133.45%	148.13%	-	101.15%	114.44%	116.13%
Dividend per Share ²	0.001770	0.003750	0.004190	-	-	0.005000	0.005000	-
Announcement Date	30/05/20	12/04/21	08/04/22	01/03/23	29/02/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q3
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	20.43
Net margin	-
EPS ²	0.001300
Dividend per Share	-
Announcement Date	31/10/23

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	269	267	241	-	0.02	0.01	0.01
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.433 x	1.294 x	1.161 x	-	0.000079 x	0.000071 x	0.00006 x
Free Cash Flow ¹	-	121	107	-	88	103	108
ROE (net income / shareholders' equity)	11.2%	13.2%	10.4%	-	12.3%	12.5%	12.8%
ROA (Net income/ Total Assets)	-	6.69%	5.33%	-	6.5%	6.5%	7.6%
Assets ¹	-	1,351	1,360	-	1,338	1,385	1,224
Book Value Per Share ²	-	0.0400	0.0400	-	0.0400	0.0500	0.0500
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	18.6	39.1	-	45	45	45
Capex / Sales	-	3.62%	7.1%	-	8.2%	8.21%	8.24%
Announcement Date	12/04/21	08/04/22	01/03/23	29/02/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for PT Cikarang Listrindo Tbk

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0416 USD

Average target price

0.053 USD

Spread / Average Target

+27.38%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Fossil Fuel Electric Utilities

	1st Jan change	Capi.
PT CIKARANG LISTRINDO TBK	-4.93%	658M
TENAGA NASIONAL	+18.73%	14.47B
CHINA POWER INTERNATIONAL DEVELOPMENT LIMITED	+9.06%	5.01B
SHENZHEN ENERGY GROUP CO., LTD.	+11.94%	4.74B
ENEVA S.A.	-5.73%	3.96B
SHANGHAI ELECTRIC POWER CO., LTD.	+6.86%	3.51B
HUADIAN ENERGY COMPANY LIMITED	-1.83%	2.26B
GCL ENERGY TECHNOLOGY CO.,LTD.	-24.39%	2.04B
JOINTO ENERGY INVESTMENT CO., LTD. HEBEI	+36.53%	1.71B
GUANGDONG BAOLIHUA NEW ENERGY STOCK CO., LTD.	+24.38%	1.65B

Fossil Fuel Electric Utilities