Financials PT Pikko Land Development Tbk

Equities

RODA

ID1000075203

Real Estate Development & Operations

End-of-day quote INDONESIA S.E. 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
18 IDR 0.00% Intraday chart for PT Pikko Land Development Tbk +5.88% -64.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 54,09,667 6,79,606 6,93,199 11,96,107 7,74,751 6,79,606
Enterprise Value (EV) 1 63,65,979 17,96,794 18,36,872 22,29,600 17,94,759 16,79,868
P/E ratio 3,518 x -4.4 x -5.45 x 160 x -21.5 x -19.3 x
Yield - - - - - -
Capitalization / Revenue 23 x 2.13 x 6.07 x 2.35 x 4.2 x 6.67 x
EV / Revenue 27.1 x 5.62 x 16.1 x 4.38 x 9.74 x 16.5 x
EV / EBITDA 398 x 42 x -17 x 25 x -196 x 78.3 x
EV / FCF 22.2 x 68.7 x 71.1 x 18.3 x -108 x -31.6 x
FCF Yield 4.5% 1.46% 1.41% 5.46% -0.93% -3.17%
Price to Book 2.24 x 0.3 x 0.34 x 0.57 x 0.38 x 0.34 x
Nbr of stocks (in thousands) 1,35,92,128 1,35,92,128 1,35,92,128 1,35,92,128 1,35,92,128 1,35,92,128
Reference price 2 398.0 50.00 51.00 88.00 57.00 50.00
Announcement Date 29/03/19 29/05/20 30/06/21 21/04/22 31/03/23 28/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,34,734 3,19,784 1,14,133 5,08,916 1,84,360 1,01,815
EBITDA 1 15,990 42,831 -1,08,298 89,212 -9,147 21,463
EBIT 1 13,132 40,829 -1,09,845 88,254 -9,889 21,035
Operating Margin 5.59% 12.77% -96.24% 17.34% -5.36% 20.66%
Earnings before Tax (EBT) 1 -15,445 -2,74,253 -1,78,365 29,855 -18,100 -27,293
Net income 1 1,538 -1,54,352 -1,27,190 7,453 -35,977 -35,281
Net margin 0.66% -48.27% -111.44% 1.46% -19.51% -34.65%
EPS 2 0.1131 -11.36 -9.358 0.5484 -2.647 -2.596
Free Cash Flow 1 2,86,716 26,170 25,820 1,21,772 -16,666 -53,234
FCF margin 122.14% 8.18% 22.62% 23.93% -9.04% -52.29%
FCF Conversion (EBITDA) 1,793.06% 61.1% - 136.5% - -
FCF Conversion (Net income) 18,643.06% - - 1,633.77% - -
Dividend per Share - - - - - -
Announcement Date 29/03/19 29/05/20 30/06/21 21/04/22 31/03/23 28/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 9,56,312 11,17,187 11,43,673 10,33,493 10,20,007 10,00,262
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 59.81 x 26.08 x -10.56 x 11.58 x -111.5 x 46.6 x
Free Cash Flow 1 2,86,716 26,170 25,820 1,21,772 -16,666 -53,234
ROE (net income / shareholders' equity) 0% -10.7% -7.25% 1.48% -1.16% -1.57%
ROA (Net income/ Total Assets) 0.21% 0.65% -1.75% 1.45% -0.17% 0.38%
Assets 1 7,34,443 -2,38,93,530 72,69,251 5,12,615 2,09,53,590 -93,23,657
Book Value Per Share 2 177.0 166.0 152.0 153.0 150.0 148.0
Cash Flow per Share 2 4.660 4.310 3.560 4.810 3.350 3.420
Capex 1 260 1,677 250 757 150 147
Capex / Sales 0.11% 0.52% 0.22% 0.15% 0.08% 0.14%
Announcement Date 29/03/19 29/05/20 30/06/21 21/04/22 31/03/23 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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