Financials PT Charoen Pokphand Indonesia Tbk

Equities

CPIN

ID1000117708

Fishing & Farming

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4,820 IDR -4.08% Intraday chart for PT Charoen Pokphand Indonesia Tbk -2.63% -4.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 106,587,000 106,996,950 97,568,100 92,648,700 82,399,950 79,038,360 - -
Enterprise Value (EV) 2 109,674 108,774 102,047 99,950 82,400 83,800 82,933 79,038
P/E ratio 29.3 x 27.9 x 26.9 x 31.6 x 35.6 x 24.1 x 19.2 x 16.9 x
Yield 1.82% 1.24% 1.88% - - 1.81% 2.44% 2.15%
Capitalization / Revenue 1.82 x 2.52 x 1.89 x 1.63 x 1.34 x 1.19 x 1.12 x 1.03 x
EV / Revenue 1.87 x 2.56 x 1.97 x 1.76 x 1.34 x 1.27 x 1.18 x 1.03 x
EV / EBITDA 18.9 x 18.1 x 17.2 x 8.91 x - 13.7 x 11.4 x 9.68 x
EV / FCF 173 x 35.9 x -149 x -116 x - 42.7 x 51.6 x 46.1 x
FCF Yield 0.58% 2.79% -0.67% -0.86% - 2.34% 1.94% 2.17%
Price to Book 5.06 x 4.59 x 3.88 x 3.52 x - 2.72 x 2.5 x 2.34 x
Nbr of stocks (in thousands) 16,398,000 16,398,000 16,398,000 16,398,000 16,398,000 16,398,000 - -
Reference price 3 6,500 6,525 5,950 5,650 5,025 4,820 4,820 4,820
Announcement Date 4/23/20 6/30/21 4/11/22 3/31/23 3/26/24 - - -
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 58,635 42,519 51,698 56,868 61,616 66,180 70,393 76,402
EBITDA 1 5,812 6,012 5,920 11,221 - 6,128 7,306 8,167
EBIT 1 4,933 5,138 4,934 4,186 3,944 4,906 6,012 6,725
Operating Margin 8.41% 12.08% 9.54% 7.36% 6.4% 7.41% 8.54% 8.8%
Earnings before Tax (EBT) 1 4,595 4,768 4,634 3,537 2,997 4,171 5,144 6,002
Net income 1 3,635 3,842 3,621 2,928 2,319 3,286 4,212 4,686
Net margin 6.2% 9.04% 7% 5.15% 3.76% 4.97% 5.98% 6.13%
EPS 2 222.0 234.0 221.0 179.0 141.0 200.4 250.8 285.6
Free Cash Flow 3 634,466 3,033,381 -685,395 -862,212 - 1,964,434 1,608,002 1,712,977
FCF margin 1,082.07% 7,134.21% -1,325.76% -1,516.18% - 2,968.34% 2,284.32% 2,242.06%
FCF Conversion (EBITDA) 10,917% 50,454.98% - - - 32,058.58% 22,009.65% 20,974.23%
FCF Conversion (Net income) 17,456.19% 78,951.47% - - - 59,780.14% 38,180.94% 36,558.81%
Dividend per Share 2 118.0 81.00 112.0 - - 87.18 117.6 103.5
Announcement Date 4/23/20 6/30/21 4/11/22 3/31/23 3/26/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 S1 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 29,061 27,601 14,917 - - - - 14,801 13,429 - 30,892 14,487 - - - -
EBITDA - - - - - - - - - - - - - - - -
EBIT 2,645 - 2,893 - - - - 1,008 - - - 133 - - - -
Operating Margin 9.1% - 19.39% - - - - 6.81% - - - 0.92% - - - -
Earnings before Tax (EBT) - - - - - - - 877.3 -338.4 - - -349.5 - - - -
Net income 1,907 1,653 2,189 -157 945 1,455 1,226 762.8 -257.5 - - -357 - - - -
Net margin 6.56% 5.99% 14.67% - - - - 5.15% -1.92% - - -2.46% - - - -
EPS - - - -10.00 58.00 89.00 58.00 47.00 -15.00 - 84.00 -22.00 - - - -
Dividend per Share 1 - - - - - - 117.0 - - - - - - 129.8 - -
Announcement Date 4/23/20 7/30/20 6/30/21 11/11/21 4/11/22 5/25/22 8/3/22 10/31/22 3/31/23 4/30/23 7/31/23 3/26/24 - - - -
1IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,087 1,777 4,479 7,301 - 4,761 3,895 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.5311 x 0.2955 x 0.7567 x 0.6507 x - 0.777 x 0.5331 x -
Free Cash Flow 2 634,466 3,033,381 -685,395 -862,212 - 1,964,435 1,608,002 1,712,977
ROE (net income / shareholders' equity) 18% 17.4% 14.9% 11.4% - 11.9% 13.3% 13.9%
ROA (Net income/ Total Assets) 12.8% 12.7% 10.9% 7.78% - 8.22% 9.67% 10.3%
Assets 1 28,499 30,134 33,303 37,647 - 39,977 43,568 45,713
Book Value Per Share 3 1,284 1,423 1,533 1,604 - 1,771 1,924 2,057
Cash Flow per Share 3 207.0 295.0 129.0 102.0 - 270.0 293.0 -
Capex 1 2,766 1,812 2,807 2,536 - 2,039 2,038 2,105
Capex / Sales 4.72% 4.26% 5.43% 4.46% - 3.08% 2.89% 2.76%
Announcement Date 4/23/20 6/30/21 4/11/22 3/31/23 3/26/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
4,820 IDR
Average target price
5,875 IDR
Spread / Average Target
+21.89%
Consensus
  1. Stock Market
  2. Equities
  3. CPIN Stock
  4. Financials PT Charoen Pokphand Indonesia Tbk