Financials PT Multi Indocitra Tbk

Equities

MICE

ID1000102809

Personal Products

End-of-day quote INDONESIA S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
488 IDR +1.67% Intraday chart for PT Multi Indocitra Tbk +5.63% -17.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,20,307 2,06,016 1,76,387 2,37,945 3,16,669 3,49,223
Enterprise Value (EV) 1 3,80,226 4,16,399 3,56,639 4,12,276 5,42,515 5,72,195
P/E ratio 6.68 x 5.56 x 65.8 x 7.9 x 6.64 x 10.2 x
Yield 2.7% 1.45% 1.34% 3.73% 0.93% -
Capitalization / Revenue 0.35 x 0.28 x 0.27 x 0.31 x 0.32 x 0.32 x
EV / Revenue 0.6 x 0.57 x 0.55 x 0.53 x 0.56 x 0.53 x
EV / EBITDA 6.27 x 6.79 x 7.15 x 5.14 x 5.47 x 6.31 x
EV / FCF -2.72 x -12.4 x 7.36 x 32.6 x -17.9 x -285 x
FCF Yield -36.8% -8.04% 13.6% 3.06% -5.59% -0.35%
Price to Book 0.35 x 0.3 x 0.26 x 0.33 x 0.42 x 0.39 x
Nbr of stocks (in thousands) 5,95,423 5,95,423 5,91,904 5,91,904 5,91,904 5,91,904
Reference price 2 370.0 346.0 298.0 402.0 535.0 590.0
Announcement Date 29/03/19 18/05/20 31/03/21 31/03/22 30/03/23 28/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,37,905 7,33,816 6,54,285 7,70,708 9,74,637 10,86,594
EBITDA 1 60,605 61,350 49,865 80,159 99,107 90,620
EBIT 1 44,940 41,134 23,693 61,272 81,184 71,624
Operating Margin 7.04% 5.61% 3.62% 7.95% 8.33% 6.59%
Earnings before Tax (EBT) 1 44,127 45,194 8,674 42,603 67,659 47,290
Net income 1 32,998 37,033 2,698 30,119 47,712 34,369
Net margin 5.17% 5.05% 0.41% 3.91% 4.9% 3.16%
EPS 2 55.42 62.20 4.531 50.89 80.61 58.07
Free Cash Flow 1 -1,39,978 -33,495 48,462 12,632 -30,330 -2,011
FCF margin -21.94% -4.56% 7.41% 1.64% -3.11% -0.19%
FCF Conversion (EBITDA) - - 97.19% 15.76% - -
FCF Conversion (Net income) - - 1,796.37% 41.94% - -
Dividend per Share 2 10.00 5.000 4.000 15.00 5.000 -
Announcement Date 29/03/19 18/05/20 31/03/21 31/03/22 30/03/23 28/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,59,919 2,10,382 1,80,251 1,74,331 2,25,847 2,22,971
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.639 x 3.429 x 3.615 x 2.175 x 2.279 x 2.46 x
Free Cash Flow 1 -1,39,978 -33,495 48,462 12,632 -30,330 -2,011
ROE (net income / shareholders' equity) 5.3% 5.22% 0.4% 4.33% 6.54% 4.19%
ROA (Net income/ Total Assets) 3.13% 2.61% 1.45% 3.71% 4.49% 3.55%
Assets 1 10,52,682 14,17,683 1,86,245 8,11,469 10,62,228 9,69,381
Book Value Per Share 2 1,071 1,154 1,150 1,200 1,265 1,505
Cash Flow per Share 2 57.00 58.80 94.20 101.0 86.60 102.0
Capex 1 99,962 52,737 6,770 20,320 11,901 29,404
Capex / Sales 15.67% 7.19% 1.03% 2.64% 1.22% 2.71%
Announcement Date 29/03/19 18/05/20 31/03/21 31/03/22 30/03/23 28/03/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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