Financials PT Prima Globalindo Logistik Tbk

Equities

PPGL

ID1000156508

Ground Freight & Logistics

End-of-day quote INDONESIA S.E. 03:30:00 26/06/2024 am IST 5-day change 1st Jan Change
94 IDR +3.30% Intraday chart for PT Prima Globalindo Logistik Tbk +4.44% -7.84%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 1,14,000 1,01,253 1,04,109 78,660
Enterprise Value (EV) 1 1,26,826 1,10,762 97,761 92,996
P/E ratio 21.6 x 6.14 x 5.84 x 6.81 x
Yield - 6.67% 5.93% -
Capitalization / Revenue 0.83 x 0.39 x 0.36 x 0.43 x
EV / Revenue 0.93 x 0.43 x 0.34 x 0.5 x
EV / EBITDA 6.51 x 3.1 x 2.64 x 3.28 x
EV / FCF -17.8 x -2.51 x 3.82 x 2.6 x
FCF Yield -5.6% -39.9% 26.2% 38.5%
Price to Book 2.99 x 2 x 1.57 x 1.04 x
Nbr of stocks (in thousands) 7,50,000 7,50,021 7,71,178 7,71,178
Reference price 2 152.0 135.0 135.0 102.0
Announcement Date 18/05/21 28/04/22 12/04/23 24/04/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 89,136 1,01,427 1,36,612 2,58,805 2,91,114 1,84,210
EBITDA 1 14,017 20,858 19,480 35,779 37,037 28,355
EBIT 1 8,840 9,561 10,990 27,680 28,874 19,263
Operating Margin 9.92% 9.43% 8.04% 10.7% 9.92% 10.46%
Earnings before Tax (EBT) 1 5,558 5,660 9,174 25,209 26,954 22,680
Net income 1 3,114 3,531 4,636 16,500 17,618 11,545
Net margin 3.49% 3.48% 3.39% 6.38% 6.05% 6.27%
EPS 2 10.96 7.902 7.035 22.00 23.12 14.97
Free Cash Flow 1 1,009 -31,857 -7,107 -44,140 25,573 35,814
FCF margin 1.13% -31.41% -5.2% -17.06% 8.78% 19.44%
FCF Conversion (EBITDA) 7.2% - - - 69.05% 126.31%
FCF Conversion (Net income) 32.42% - - - 145.16% 310.22%
Dividend per Share - - - 9.000 8.000 -
Announcement Date 13/07/20 13/07/20 18/05/21 28/04/22 12/04/23 24/04/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 33,577 30,037 12,826 9,509 - 14,336
Net Cash position 1 - - - - 6,348 -
Leverage (Debt/EBITDA) 2.395 x 1.44 x 0.6584 x 0.2658 x - 0.5056 x
Free Cash Flow 1 1,009 -31,857 -7,107 -44,140 25,573 35,814
ROE (net income / shareholders' equity) 16% 7.82% 8.93% 19.4% 15.3% 12.1%
ROA (Net income/ Total Assets) 8.99% 6.66% 5.81% 11.9% 10.6% 6.4%
Assets 1 34,641 53,034 79,779 1,39,090 1,65,964 1,80,248
Book Value Per Share 2 44.80 35.50 50.90 67.60 85.80 98.30
Cash Flow per Share 2 2.410 3.210 8.400 4.880 12.50 14.00
Capex 1 6,398 45,135 2,212 38,237 2,276 3,418
Capex / Sales 7.18% 44.5% 1.62% 14.77% 0.78% 1.86%
Announcement Date 13/07/20 13/07/20 18/05/21 28/04/22 12/04/23 24/04/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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