Financials PT AKR Corporindo Tbk

Equities

AKRA

ID1000106701

Oil & Gas Refining and Marketing

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,600 IDR -7.78% Intraday chart for PT AKR Corporindo Tbk -13.28% +8.47%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,858,045 12,552,840 16,223,953 27,632,037 29,112,325 31,579,471 - -
Enterprise Value (EV) 2 18,607 15,120 16,681 27,632 29,112 23,991 24,785 18,848
P/E ratio 21.9 x 13.6 x 14.6 x 11.5 x 10.5 x 10.5 x 10.1 x 9.03 x
Yield 2.78% 1.57% 3.53% - - 7.59% 5.78% 7.1%
Capitalization / Revenue 0.73 x 0.71 x 0.63 x 0.58 x 0.69 x 0.73 x 0.68 x 0.65 x
EV / Revenue 0.86 x 0.85 x 0.65 x 0.58 x 0.69 x 0.56 x 0.54 x 0.39 x
EV / EBITDA 13.1 x 9.48 x 9.21 x 7.97 x 7.37 x 5.69 x 5.47 x 3.74 x
EV / FCF -156 x 20.8 x 6.17 x 11.8 x - 3.35 x 5.82 x 3.15 x
FCF Yield -0.64% 4.8% 16.2% 8.46% - 29.9% 17.2% 31.7%
Price to Book 1.9 x 1.43 x 1.74 x 2.52 x - 2.68 x 2.27 x 2.14 x
Nbr of stocks (in thousands) 20,073,475 19,737,170 19,737,170 19,737,170 19,737,170 19,737,170 - -
Reference price 3 790.0 636.0 822.0 1,400 1,475 1,600 1,600 1,600
Announcement Date 3/17/20 3/25/21 3/22/22 3/24/23 3/20/24 - - -
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 21,703 17,716 25,707 47,540 42,087 42,987 46,235 48,943
EBITDA 1 1,421 1,595 1,812 3,465 3,953 4,215 4,530 5,043
EBIT 1 1,094 1,258 1,455 3,087 3,561 3,755 4,069 4,590
Operating Margin 5.04% 7.1% 5.66% 6.49% 8.46% 8.74% 8.8% 9.38%
Earnings before Tax (EBT) 1 899.1 1,227 1,437 3,086 3,687 3,987 4,314 4,652
Net income 1 717.2 924.9 1,112 2,403 2,780 2,996 3,134 3,409
Net margin 3.3% 5.22% 4.33% 5.06% 6.61% 6.97% 6.78% 6.96%
EPS 2 36.06 46.71 56.32 121.8 140.9 151.8 159.2 177.3
Free Cash Flow 3 -119,497 725,956 2,702,799 2,338,662 - 7,169,000 4,256,750 5,978,500
FCF margin -550.61% 4,097.76% 10,513.84% 4,919.36% - 16,677.13% 9,206.81% 12,215.13%
FCF Conversion (EBITDA) - 45,525.52% 149,176.41% 67,489.1% - 170,083.04% 93,971.55% 118,541.24%
FCF Conversion (Net income) - 78,488.68% 243,057.45% 97,309.03% - 239,285.71% 135,827.41% 175,385.68%
Dividend per Share 2 22.00 10.00 29.00 - - 121.4 92.48 113.7
Announcement Date 3/17/20 3/25/21 3/22/22 3/24/23 3/20/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 10,134 11,975 - 8,963 10,123 - 9,811 11,967 11,046 13,808 9,954 12,940
EBITDA 1 - - - - - - 1,465 - 1,190 1,098 1,373 1,046 1,360
EBIT 1 - - - - 552.6 - - 692.3 1,077 994.1 1,243 955.9 1,243
Operating Margin - - - - 6.16% - - 7.06% 9% 9% 9% 9.6% 9.6%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 315 - - 607.3 423.7 - 1,070 595.5 - - - - -
Net margin - - - - 4.73% - - 6.07% - - - - -
EPS 2 - - - 30.77 - - - 30.17 40.98 37.83 47.29 35.83 46.58
Dividend per Share 2 - - - - - - - - - - 122.9 - -
Announcement Date 3/22/22 4/25/22 7/25/22 4/26/23 7/26/23 10/25/23 3/20/24 4/25/24 - - - - -
1IDR in Billions2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,749 2,567 457 - - - - -
Net Cash position 1 - - - - - 7,588 6,795 12,731
Leverage (Debt/EBITDA) 1.935 x 1.61 x 0.2523 x - - - - -
Free Cash Flow 2 -119,497 725,956 2,702,799 2,338,662 - 7,169,000 4,256,750 5,978,500
ROE (net income / shareholders' equity) 8.59% 10.8% 12.3% 23.7% - 26% 24.1% 26.1%
ROA (Net income/ Total Assets) 3.47% 4.61% 5.27% 9.48% - 10.7% 10.2% 9.9%
Assets 1 20,675 20,046 21,103 25,348 - 28,000 30,796 34,432
Book Value Per Share 3 415.0 443.0 473.0 556.0 - 597.0 704.0 746.0
Cash Flow per Share 3 34.60 53.90 149.0 133.0 177.0 290.0 251.0 266.0
Capex 1 807 341 242 2,629 - 300 246 224
Capex / Sales 3.72% 1.92% 0.94% 5.53% - 0.7% 0.53% 0.46%
Announcement Date 3/17/20 3/25/21 3/22/22 3/24/23 3/20/24 - - -
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
BUY
Number of Analysts
14
Last Close Price
1,600 IDR
Average target price
1,964 IDR
Spread / Average Target
+22.72%
Consensus
  1. Stock Market
  2. Equities
  3. AKRA Stock
  4. Financials PT AKR Corporindo Tbk