Company Valuation: PT Chandra Asri Pacific Tbk

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 161,839,196 158,424,267 222,334,671 454,185,612 648,836,588 609,852,538 - -
Change - -2.11% 40.34% 104.28% 42.86% -6.01% - -
Enterprise Value (EV) 1 160,773 144,795 223,252 458,956 659,235 632,056 637,603 640,924
Change - -9.94% 54.18% 105.58% 43.64% -4.12% 0.88% 0.52%
P/E ratio 219x 68.2x - -662x -457x - - -
PBR 62.7x 3.78x 4.36x 8.12x 12.3x 14.2x 14.2x 14.2x
PEG - 0x - - -4x - - -
Capitalization / Revenue 6.27x 4.29x 6.23x 13.3x 22.2x 5.63x 5.54x 5.43x
EV / Revenue 6.23x 3.92x 6.26x 13.4x 22.5x 5.84x 5.8x 5.7x
EV / EBITDA 61.5x 28.7x -797x 341x 690x 5,437x 162x 105x
EV / EBIT 138x 39.9x -128x -1,039x -708x -291x - 204x
EV / FCF 40.2x - - 807x - -64x -191x -368x
FCF Yield 2.49% - - 0.12% - -1.56% -0.52% -0.27%
Dividend per Share 3 - 14.89 - - - 33.29 99.87 -
Rate of return - 0.81% - - - 0.47% 1.42% -
EPS 3 10.35 26.84 - -7.926 -16.41 - - -
Distribution rate - 55.5% - - - - - -
Net sales 1 25,798 36,944 35,671 34,241 29,292 108,261 110,005 112,396
EBITDA 1 2,614 5,053 -280 1,344 955.6 116.2 3,936 6,078
EBIT 1 1,163 3,632 -1,739 -441.9 -930.8 -2,176 - 3,139
Net income 1 733.4 2,178 - -532.3 -1,135 -2,856 -614.5 465
Net Debt 1 -1,066 -13,629 917.5 4,770 10,399 22,204 27,750 31,072
Reference price 3 2,268.75 1,831.25 2,570.00 5,250.00 7,500.00 7,050.00 7,050.00 7,050.00
Nbr of stocks (in thousands) 71,334,081 86,511,545 86,511,545 86,511,545 86,511,545 86,503,906 - -
Announcement Date 3/3/21 3/15/22 3/31/23 3/29/24 3/17/25 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- 5.94x5530.1x0.46% 37.27B
24.91x3.71x12.26x2.17% 107B
-33.15x1.28x9.45x5.6% 43.69B
17.19x1.47x9.42x1.82% 30.37B
61.8x2.85x43x - 20.48B
18.44x1.03x10.43x2.61% 18.58B
10.64x3.06x8.58x4.09% 18.27B
229.62x7.19x47.05x0.03% 17.24B
106.1x2.17x19.23x1.11% 15.22B
34.99x - - 1.48% 16B
Average 52.28x 3.19x 632.17x 2.15% 32.46B
Weighted average by Cap. 33.72x 3.28x 681.90x 2.35%
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Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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