Financials PT Pikko Land Development Tbk

Equities

RODA

ID1000075203

Real Estate Development & Operations

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
16 IDR -.--% Intraday chart for PT Pikko Land Development Tbk -.--% -68.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,409,667 679,606 693,199 1,196,107 774,751 679,606
Enterprise Value (EV) 1 6,365,979 1,796,794 1,836,872 2,229,600 1,794,759 1,679,868
P/E ratio 3,518 x -4.4 x -5.45 x 160 x -21.5 x -19.3 x
Yield - - - - - -
Capitalization / Revenue 23 x 2.13 x 6.07 x 2.35 x 4.2 x 6.67 x
EV / Revenue 27.1 x 5.62 x 16.1 x 4.38 x 9.74 x 16.5 x
EV / EBITDA 398 x 42 x -17 x 25 x -196 x 78.3 x
EV / FCF 22.2 x 68.7 x 71.1 x 18.3 x -108 x -31.6 x
FCF Yield 4.5% 1.46% 1.41% 5.46% -0.93% -3.17%
Price to Book 2.24 x 0.3 x 0.34 x 0.57 x 0.38 x 0.34 x
Nbr of stocks (in thousands) 13,592,128 13,592,128 13,592,128 13,592,128 13,592,128 13,592,128
Reference price 2 398.0 50.00 51.00 88.00 57.00 50.00
Announcement Date 3/29/19 5/29/20 6/30/21 4/21/22 3/31/23 3/28/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 234,734 319,784 114,133 508,916 184,360 101,815
EBITDA 1 15,990 42,831 -108,298 89,212 -9,147 21,463
EBIT 1 13,132 40,829 -109,845 88,254 -9,889 21,035
Operating Margin 5.59% 12.77% -96.24% 17.34% -5.36% 20.66%
Earnings before Tax (EBT) 1 -15,445 -274,253 -178,365 29,855 -18,100 -27,293
Net income 1 1,538 -154,352 -127,190 7,453 -35,977 -35,281
Net margin 0.66% -48.27% -111.44% 1.46% -19.51% -34.65%
EPS 2 0.1131 -11.36 -9.358 0.5484 -2.647 -2.596
Free Cash Flow 1 286,716 26,170 25,820 121,772 -16,666 -53,234
FCF margin 122.14% 8.18% 22.62% 23.93% -9.04% -52.29%
FCF Conversion (EBITDA) 1,793.06% 61.1% - 136.5% - -
FCF Conversion (Net income) 18,643.06% - - 1,633.77% - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 5/29/20 6/30/21 4/21/22 3/31/23 3/28/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 956,312 1,117,187 1,143,673 1,033,493 1,020,007 1,000,262
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 59.81 x 26.08 x -10.56 x 11.58 x -111.5 x 46.6 x
Free Cash Flow 1 286,716 26,170 25,820 121,772 -16,666 -53,234
ROE (net income / shareholders' equity) 0% -10.7% -7.25% 1.48% -1.16% -1.57%
ROA (Net income/ Total Assets) 0.21% 0.65% -1.75% 1.45% -0.17% 0.38%
Assets 1 734,443 -23,893,530 7,269,251 512,615 20,953,590 -9,323,657
Book Value Per Share 2 177.0 166.0 152.0 153.0 150.0 148.0
Cash Flow per Share 2 4.660 4.310 3.560 4.810 3.350 3.420
Capex 1 260 1,677 250 757 150 147
Capex / Sales 0.11% 0.52% 0.22% 0.15% 0.08% 0.14%
Announcement Date 3/29/19 5/29/20 6/30/21 4/21/22 3/31/23 3/28/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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