Financials PT Lautan Luas Tbk

Equities

LTLS

ID1000133507

Diversified Chemicals

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,085 IDR 0.00% Intraday chart for PT Lautan Luas Tbk -3.56% -16.86%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 945,047 937,364 750,436 1,095,025 2,161,243 2,029,081
Enterprise Value (EV) 1 3,361,016 3,028,171 2,328,190 2,342,357 3,291,559 2,680,355
P/E ratio 4.68 x 5.19 x 10 x 3.93 x 6.73 x 12.6 x
Yield - 5.74% 3.06% 9.79% 5.4% -
Capitalization / Revenue 0.13 x 0.14 x 0.13 x 0.17 x 0.27 x 0.28 x
EV / Revenue 0.47 x 0.46 x 0.42 x 0.35 x 0.42 x 0.37 x
EV / EBITDA 5.36 x 5.25 x 4.27 x 3.43 x 4.46 x 5.47 x
EV / FCF 15 x 12.8 x 3.81 x 6.4 x 19.4 x 5.58 x
FCF Yield 6.66% 7.8% 26.2% 15.6% 5.15% 17.9%
Price to Book 0.5 x 0.49 x 0.38 x 0.45 x 0.8 x 0.74 x
Nbr of stocks (in thousands) 1,536,662 1,536,662 1,531,503 1,531,503 1,554,851 1,554,851
Reference price 2 615.0 610.0 490.0 715.0 1,390 1,305
Announcement Date 3/29/19 4/2/20 5/6/21 3/31/22 4/11/23 3/14/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,076,493 6,534,734 5,592,338 6,635,544 7,879,115 7,316,902
EBITDA 1 627,076 576,863 545,585 683,268 737,691 490,326
EBIT 1 466,027 423,607 402,129 551,381 570,910 353,269
Operating Margin 6.59% 6.48% 7.19% 8.31% 7.25% 4.83%
Earnings before Tax (EBT) 1 308,160 304,273 197,745 440,608 440,630 233,840
Net income 1 200,336 180,563 75,218 279,627 321,012 160,943
Net margin 2.83% 2.76% 1.35% 4.21% 4.07% 2.2%
EPS 2 131.3 117.5 48.89 182.0 206.5 103.8
Free Cash Flow 1 223,925 236,344 610,353 366,036 169,568 480,339
FCF margin 3.16% 3.62% 10.91% 5.52% 2.15% 6.56%
FCF Conversion (EBITDA) 35.71% 40.97% 111.87% 53.57% 22.99% 97.96%
FCF Conversion (Net income) 111.77% 130.89% 811.45% 130.9% 52.82% 298.45%
Dividend per Share - 35.00 15.00 70.00 75.00 -
Announcement Date 3/29/19 4/2/20 5/6/21 3/31/22 4/11/23 3/14/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,415,969 2,090,807 1,577,754 1,247,332 1,130,316 651,274
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.853 x 3.624 x 2.892 x 1.826 x 1.532 x 1.328 x
Free Cash Flow 1 223,925 236,344 610,353 366,036 169,569 480,339
ROE (net income / shareholders' equity) 11.7% 10.5% 5.37% 12.6% 11.9% 5.62%
ROA (Net income/ Total Assets) 4.82% 4.35% 4.41% 5.87% 5.8% 3.77%
Assets 1 4,157,125 4,154,025 1,704,039 4,767,317 5,538,318 4,272,558
Book Value Per Share 2 1,225 1,253 1,301 1,575 1,741 1,768
Cash Flow per Share 2 93.40 56.10 246.0 321.0 153.0 249.0
Capex 1 124,213 173,268 154,265 79,957 74,107 62,065
Capex / Sales 1.76% 2.65% 2.76% 1.2% 0.94% 0.85%
Announcement Date 3/29/19 4/2/20 5/6/21 3/31/22 4/11/23 3/14/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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