Financials PT Indah Kiat Pulp & Paper Tbk

Equities

INKP

ID1000062201

Paper Products

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
9,475 IDR +5.57% Intraday chart for PT Indah Kiat Pulp & Paper Tbk -1.81% +13.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 42,126,569 57,034,997 42,810,442 47,734,326 45,545,933 51,837,563 - -
Enterprise Value (EV) 2 42,127 57,035 42,810 47,734 45,546 100,072 105,454 51,838
P/E ratio 9.73 x 13.3 x 5.67 x 3.62 x 6.97 x 5.12 x 3.85 x -
Yield - - - 0.57% - 1.91% 1.91% -
Capitalization / Revenue - 1.31 x 0.85 x 0.77 x 0.82 x 0.81 x 0.66 x -
EV / Revenue - 1.31 x 0.85 x 0.77 x 0.82 x 1.56 x 1.34 x -
EV / EBITDA - 4.89 x 2.64 x 2.22 x - 4.3 x 3.79 x -
EV / FCF - - - - - -137 x 15.8 x 1.99 x
FCF Yield - - - - - -0.73% 6.34% 50.2%
Price to Book - 0.92 x 0.63 x 0.57 x - 0.5 x 0.45 x -
Nbr of stocks (in thousands) 5,470,983 5,470,983 5,470,983 5,470,983 5,470,983 5,470,983 - -
Reference price 3 7,700 10,425 7,825 8,725 8,325 9,475 9,475 9,475
Announcement Date 3/19/20 4/9/21 4/4/22 3/13/23 4/5/24 - - -
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 - 43,596 50,389 61,597 55,257 64,053 78,417 -
EBITDA 1 - 11,657 16,186 21,473 - 23,279 27,856 -
EBIT 1 - 7,757 12,309 17,514 12,511 15,908 19,994 -
Operating Margin - 17.79% 24.43% 28.43% 22.64% 24.84% 25.5% -
Earnings before Tax (EBT) 1 - 5,598 9,495 16,120 8,730 13,354 16,626 -
Net income 1 4,328 4,293 7,553 13,196 6,535 10,436 13,806 -
Net margin - 9.85% 14.99% 21.42% 11.83% 16.29% 17.61% -
EPS 2 791.1 784.8 1,380 2,412 1,195 1,850 2,460 -
Free Cash Flow 3 - - - - - -730,342 6,684,217 26,006,526
FCF margin - - - - - -1,140.21% 8,523.9% -
FCF Conversion (EBITDA) - - - - - - 23,995.28% -
FCF Conversion (Net income) - - - - - - 48,413.95% -
Dividend per Share 2 - - - 50.00 - 180.6 180.6 -
Announcement Date 3/19/20 4/9/21 4/4/22 3/13/23 4/5/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2023 Q3
Net sales - 14,469 -
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) 1 - - 1,389
Net income 1 1,531 1,952 823.4
Net margin - 13.49% -
EPS 279.9 - -
Dividend per Share - - -
Announcement Date 11/15/21 4/4/22 11/3/23
1IDR in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 48,234 53,617 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - 2.072 x 1.925 x -
Free Cash Flow 2 - - - - - -730,342 6,684,217 26,006,526
ROE (net income / shareholders' equity) - 7.12% 11.7% 16.5% - 10.7% 13.5% -
ROA (Net income/ Total Assets) - 3.46% 6.03% - - 6.17% 7.77% -
Assets 1 - 124,082 125,197 - - 169,235 177,765 -
Book Value Per Share 3 - 11,340 12,462 15,330 - 19,000 21,097 -
Cash Flow per Share - - - - - - - -
Capex 1 - 2,373 5,845 2,594 - 18,058 12,585 -
Capex / Sales - 5.44% 11.6% 4.21% - 28.19% 16.05% -
Announcement Date 3/19/20 4/9/21 4/4/22 3/13/23 4/5/24 - - -
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
4
Last Close Price
9,475 IDR
Average target price
14,650 IDR
Spread / Average Target
+54.62%
Consensus

Annual profits - Rate of surprise

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