Company Valuation: PT Modern Internasional Tbk

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 3,81,608 3,81,608 3,81,608 45,793 53,425 3,35,815
Change - 0% 0% -88% 16.67% 528.57%
Enterprise Value (EV) 1 9,57,217 9,30,312 8,25,663 4,72,935 4,20,286 6,29,616
Change - -2.81% -11.25% -42.72% -11.13% 49.81%
P/E -1.84x 3.01x 4.9x 3.92x 6.09x 4.78x
PBR -0.71x -0.93x -1.17x -0.15x -0.17x -1.4x
PEG - -0x -0.1x -0x -0.2x 0x
Capitalization / Revenue 4.37x 4.88x 5.87x 0.93x 1.44x 9.95x
EV / Revenue 11x 11.9x 12.7x 9.61x 11.3x 18.7x
EV / EBITDA 539x 5.17x 78.1x 45.3x 20.5x 82.8x
EV / EBIT -154x 5.41x 350x 335x 37.7x -409x
EV / FCF -11.3x -23x 25.3x 130x 30.5x -881x
FCF Yield -8.89% -4.35% 3.95% 0.77% 3.28% -0.11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -27.22 16.62 10.2 1.531 1.149 9.207
Distribution rate - - - - - -
Net sales 1 87,251 78,133 65,016 49,216 37,122 33,736
EBITDA 1 1,777 1,79,909 10,569 10,430 20,458 7,601
EBIT 1 -6,234 1,72,105 2,359 1,411 11,160 -1,539
Net income 1 -2,07,758 1,26,811 77,838 11,681 8,769 70,270
Net Debt 1 5,75,608 5,48,703 4,44,054 4,27,142 3,66,861 2,93,801
Reference price 2 50.00 50.00 50.00 6.00 7.00 44.00
Nbr of stocks (in thousands) 76,32,168 76,32,168 76,32,168 76,32,168 76,32,168 76,32,168
Announcement Date 30/05/22 30/05/22 09/05/23 16/04/24 25/04/25 18/04/26
1IDR in Million2IDR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.12Cr
12.27x0.89x6.08x3.51% 2.47TCr
14.57x - - 2.36% 730.18Cr
13.72x0.48x5.69x2.66% 589.2Cr
10.77x2.14x6.99x2.2% 226.61Cr
10.67x0.47x4.93x2.77% 202.03Cr
13.07x0.65x7.62x2.51% 146.63Cr
15.14x - - 1.74% 103.59Cr
11.99x - - 2.9% 56Cr
28.42x0.6x5.85x1.77% 35Cr
Average 14.51x 0.87x 6.19x 2.49% 455.76Cr
Weighted average by Cap. 12.89x 0.86x 6.07x 3.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation PT Modern Internasional Tbk