Financials PT Morenzo Abadi Perkasa Tbk

Equities

ENZO

ID1000157803

Business Support Services

End-of-day quote INDONESIA S.E. 03:30:00 05/07/2024 am IST 5-day change 1st Jan Change
31 IDR +6.90% Intraday chart for PT Morenzo Abadi Perkasa Tbk -8.82% -38.00%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 1,08,127 1,08,127 1,42,728 1,08,127
Enterprise Value (EV) 1 2,10,280 1,67,509 2,49,076 2,71,118
P/E ratio 74 x 10.6 x 66.6 x -18.2 x
Yield - - - -
Capitalization / Revenue 0.21 x 0.1 x 0.28 x 0.21 x
EV / Revenue 0.41 x 0.15 x 0.5 x 0.53 x
EV / EBITDA 9.71 x 5.83 x 15.3 x 19.4 x
EV / FCF -4.86 x 5.06 x -6.85 x -5.15 x
FCF Yield -20.6% 19.7% -14.6% -19.4%
Price to Book 0.73 x 0.69 x 0.89 x 0.7 x
Nbr of stocks (in thousands) 21,62,543 21,62,545 21,62,546 21,62,547
Reference price 2 50.00 50.00 66.00 50.00
Announcement Date 30/06/21 28/04/22 31/05/23 29/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,71,385 3,76,222 5,16,389 11,29,864 5,00,912 5,11,299
EBITDA 1 15,718 17,629 21,662 28,739 16,316 13,994
EBIT 1 11,269 11,343 14,794 21,801 9,358 5,929
Operating Margin 2.39% 3.01% 2.86% 1.93% 1.87% 1.16%
Earnings before Tax (EBT) 1 413.1 2,436 1,962 13,092 3,787 -3,652
Net income 1 29.82 967.9 1,195 10,163 2,139 -3,934
Net margin 0.01% 0.26% 0.23% 0.9% 0.43% -0.77%
EPS 2 0.0499 1.618 0.6758 4.712 0.9916 -2.755
Free Cash Flow 1 -36,926 -69,156 -43,246 33,081 -36,373 -52,627
FCF margin -7.83% -18.38% -8.37% 2.93% -7.26% -10.29%
FCF Conversion (EBITDA) - - - 115.11% - -
FCF Conversion (Net income) - - - 325.5% - -
Dividend per Share - - - - - -
Announcement Date 09/09/20 09/09/20 30/06/21 28/04/22 31/05/23 29/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,03,653 1,29,091 1,02,152 59,382 1,06,348 1,62,991
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.594 x 7.323 x 4.716 x 2.066 x 6.518 x 11.65 x
Free Cash Flow 1 -36,926 -69,156 -43,246 33,081 -36,373 -52,627
ROE (net income / shareholders' equity) 0.11% 1.8% 1.05% 6.67% 1.35% -2.54%
ROA (Net income/ Total Assets) 5.78% 3.9% 3.76% 4.76% 1.92% 1.11%
Assets 1 515.6 24,825 31,789 2,13,468 1,11,104 -3,55,107
Book Value Per Share 2 47.80 36.60 68.10 72.80 74.00 71.90
Cash Flow per Share 2 2.490 1.340 0.1700 11.40 0.1300 0.8900
Capex 1 26,504 7,827 6,769 4,646 2,091 8,740
Capex / Sales 5.62% 2.08% 1.31% 0.41% 0.42% 1.71%
Announcement Date 09/09/20 09/09/20 30/06/21 28/04/22 31/05/23 29/03/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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