Financials PT Surya Citra Media Tbk

Equities

SCMA

ID1000125305

Broadcasting

End-of-day quote INDONESIA S.E. 06:00:00 2024-06-05 pm EDT 5-day change 1st Jan Change
140 IDR +1.45% Intraday chart for PT Surya Citra Media Tbk +3.70% -17.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,774,307 31,852,204 20,607,977 13,020,719 10,745,254 8,871,711 - -
Enterprise Value (EV) 2 20,157 31,299 17,977 13,021 10,131 8,194 8,151 8,053
P/E ratio 19.3 x 28.3 x 15.3 x 15.4 x 32.1 x 11.5 x 9.72 x 8.94 x
Yield 1.77% - - - 3.82% 3.65% 5.08% 4.72%
Capitalization / Revenue 3.76 x 6.24 x 3.48 x 1.83 x 1.65 x 1.28 x 1.22 x 1.11 x
EV / Revenue 3.65 x 6.14 x 3.03 x 1.83 x 1.56 x 1.18 x 1.13 x 1 x
EV / EBITDA 13.4 x 18.8 x 9.39 x 9.93 x 17.9 x 7.33 x 5.97 x 5.74 x
EV / FCF 33.7 x 18.3 x 16.5 x - 10 x 11.2 x 17.3 x 13.2 x
FCF Yield 2.97% 5.45% 6.07% - 9.99% 8.91% 5.78% 7.55%
Price to Book 4.22 x 9.92 x 3.23 x - 1.43 x 1.27 x 1.15 x 0.98 x
Nbr of stocks (in thousands) 73,667,757 69,546,296 63,214,653 63,207,375 63,207,375 63,369,364 - -
Reference price 3 282.0 458.0 326.0 206.0 170.0 140.0 140.0 140.0
Announcement Date 5/3/20 4/5/21 4/2/22 3/31/23 4/1/24 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,523 5,101 5,930 7,133 6,513 6,920 7,244 8,015
EBITDA 1 1,507 1,666 1,914 1,312 566.1 1,117 1,365 1,404
EBIT 1 1,331 1,455 1,695 1,102 339 818.1 1,048 1,131
Operating Margin 24.09% 28.53% 28.58% 15.45% 5.21% 11.82% 14.46% 14.12%
Earnings before Tax (EBT) 1 1,373 1,488 1,726 1,095 419 858 1,035 1,237
Net income 1 1,070 1,148 1,347 846.4 334.6 715.8 795.2 959.2
Net margin 19.38% 22.51% 22.72% 11.87% 5.14% 10.34% 10.98% 11.97%
EPS 2 14.58 16.20 21.32 13.39 5.290 12.21 14.40 15.66
Free Cash Flow 3 598,049 1,706,268 1,090,377 - 1,011,610 729,963 471,099 608,179
FCF margin 10,827.62% 33,448.92% 18,386.66% - 15,531.7% 10,548.1% 6,503.53% 7,587.98%
FCF Conversion (EBITDA) 39,679.55% 102,409.38% 56,957.72% - 178,695.04% 65,321.72% 34,503.87% 43,318.18%
FCF Conversion (Net income) 55,883.71% 148,585.27% 80,920.66% - 302,326.16% 101,977.84% 59,240.35% 63,407.8%
Dividend per Share 2 5.000 - - - 6.500 5.115 7.111 6.611
Announcement Date 5/3/20 4/5/21 4/2/22 3/31/23 4/1/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - 1,758 1,723 - - -
EBITDA - - - - - - - - - - - -
EBIT - - - - - - - - 78.52 - - -
Operating Margin - - - - - - - - 4.56% - - -
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income - - - - 15.59 - - - - - - -
Net margin - - - - - - - - - - - -
EPS 4.494 - - 3.390 0.2500 - - 2.640 1.550 - - -
Dividend per Share 1 - - - - - - - - - - - 7.824
Announcement Date 4/2/22 6/30/22 9/30/22 10/31/22 3/31/23 7/1/23 10/1/23 10/31/23 4/1/24 - - -
1IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 617 553 2,631 - 615 678 721 818
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 598,049 1,706,268 1,090,377 - 1,011,610 729,963 471,099 608,179
ROE (net income / shareholders' equity) 22% 28.1% 27.9% - 4.45% 11.2% 12.3% 11.1%
ROA (Net income/ Total Assets) 16.1% 17% 16.2% - 3.02% 5.66% 6.53% 7.55%
Assets 1 6,653 6,742 8,340 - 11,064 12,641 12,172 12,710
Book Value Per Share 3 66.90 46.20 101.0 - 118.0 111.0 122.0 142.0
Cash Flow per Share 3 16.30 26.00 21.00 - 22.10 20.40 15.90 19.00
Capex 1 595 138 234 - 387 298 342 395
Capex / Sales 10.77% 2.71% 3.95% - 5.94% 4.31% 4.73% 4.93%
Announcement Date 5/3/20 4/5/21 4/2/22 3/31/23 4/1/24 - - -
1IDR in Billions2IDR in Million3IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
140 IDR
Average target price
191.9 IDR
Spread / Average Target
+37.05%
Consensus
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