Financials PT Bumi Resources Minerals Tbk

Equities

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
151 ^IDR	-1.31%		-5.03%	-11.18%

Apr. 03	PT Bumi Resources Minerals Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Bumi Resources Minerals Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	3,240,768	5,893,644	13,705,791	22,543,662	24,103,287	21,409,390	-
Enterprise Value (EV) ¹	3,240,768	5,893,644	13,705,791	22,543,662	24,103,287	21,409,390	21,409,390
P/E ratio	161 x	97 x	10.9 x	103 x	107 x	64.3 x	31.5 x
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	45.1 x	-	90.1 x	126 x	32.4 x	17.3 x	9.84 x
EV / Revenue	45.1 x	-	90.1 x	126 x	32.4 x	17.3 x	9.84 x
EV / EBITDA	-	-	529 x	559 x	74.2 x	36.4 x	21 x
EV / FCF	-	-	-4.07 x	-11.9 x	-	47.8 x	19.9 x
FCF Yield	-	-	-24.6%	-8.43%	-	2.09%	5.02%
Price to Book	0.26 x	-	0.96 x	1.26 x	-	1.45 x	1.39 x
Nbr of stocks (in thousands)	62,322,457	71,007,760	118,153,367	141,784,040	141,784,040	141,784,040	-
Reference price ²	52.00	83.00	116.0	159.0	170.0	151.0	151.0
Announcement Date	4/7/20	6/4/21	4/14/22	3/17/23	4/3/24	-	-

¹IDR in Million²IDR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	71.84	-	152.1	179	743	1,238	2,175
EBITDA ¹	-	-	25.92	40.33	324.8	587.9	1,018
EBIT ¹	-11.64	-	12.41	16.35	272.4	485.6	894
Operating Margin	-16.2%	-	8.16%	9.13%	36.66%	39.23%	41.1%
Earnings before Tax (EBT) ¹	19.8	-	1,744	500.2	278.1	448.2	877.5
Net income ¹	20.69	56.38	993.6	209.9	226	354.1	685.5
Net margin	28.8%	-	653.43%	117.27%	30.42%	28.61%	31.52%
EPS ²	0.3221	0.8555	10.64	1.537	1.593	2.350	4.800
Free Cash Flow ³	-	-	-3,366,442	-1,899,358	-	447,558	1,075,360
FCF margin	-	-	-2,213,856.52%	-1,061,103.3%	-	36,154.14%	49,437.47%
FCF Conversion (EBITDA)	-	-	-	-	-	76,124.59%	105,597.51%
FCF Conversion (Net income)	-	-	-	-	-	126,383.6%	156,862.4%
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	4/7/20	6/4/21	4/14/22	3/17/23	4/3/24	-	-

¹IDR in Billions²IDR³IDR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	-3,366,442	-1,899,358	-	447,558	1,075,360
ROE (net income / shareholders' equity)	0.16%	-	7.54%	1.21%	-	2.3%	4.35%
ROA (Net income/ Total Assets)	0.18%	-	8.81%	1.33%	-	2%	3.75%
Assets ²	11,307	-	11,274	15,839	-	17,706	18,281
Book Value Per Share ³	201.0	-	121.0	126.0	-	104.0	109.0
Cash Flow per Share	-	-	-	-	-	-	-
Capex ²	160	-	1,762	1,962	-	335	375
Capex / Sales	222.56%	-	1,158.43%	1,096.16%	-	27.04%	17.22%
Announcement Date	4/7/20	6/4/21	4/14/22	3/17/23	4/3/24	-	-

¹IDR in Million²IDR in Billions³IDR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

151 IDR

Average target price

219 IDR

Spread / Average Target

+45.03%

	1st Jan change	Capi.
PT BUMI RESOURCES MINERALS TBK	-11.18%	1.32B
BHP GROUP LIMITED	-14.40%	143B
RIO TINTO PLC	-6.66%	117B
GLENCORE PLC	-0.55%	71.07B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+6.69%	50.97B
GRUPO MÉXICO, S.A.B. DE C.V.	+13.30%	48.38B
ANGLO AMERICAN PLC	+34.12%	39.93B
TECK RESOURCES LIMITED	+22.92%	26.1B
HINDUSTAN ZINC LIMITED	+32.58%	21.36B
IVANHOE MINES LTD.	+58.44%	18.57B