Financials PT Puradelta Lestari Tbk

Equities

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
161 ^IDR	0.00%		0.00%	-1.23%

Mar. 06	PT Puradelta Lestari Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Puradelta Lestari Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	14,266,641	11,856,735	9,205,839	7,663,500	7,856,292	7,759,896	-	-
Enterprise Value (EV) ²	13,600	10,481	8,608	6,900	7,856	6,362	6,070	7,760
P/E ratio	10.7 x	8.8 x	12.9 x	6.29 x	6.49 x	6.42 x	5.95 x	-
Yield	7.09%	10.2%	9.69%	15.7%	-	12.6%	5.12%	6.05%
Capitalization / Revenue	5.38 x	4.51 x	6.39 x	3.97 x	4.09 x	4.06 x	3.72 x	3.57 x
EV / Revenue	5.13 x	3.99 x	5.97 x	3.57 x	4.09 x	3.33 x	2.91 x	3.57 x
EV / EBITDA	10.4 x	7.43 x	11.8 x	5.53 x	6.74 x	6.1 x	4.76 x	6.43 x
EV / FCF	7.19 x	3.62 x	104 x	5.85 x	-	19.3 x	25.6 x	-
FCF Yield	13.9%	27.6%	0.96%	17.1%	-	5.17%	3.9%	-
Price to Book	2.2 x	2.15 x	1.72 x	1.34 x	-	1.13 x	1.02 x	-
Nbr of stocks (in thousands)	48,198,111	48,198,111	48,198,111	48,198,111	48,198,111	48,198,111	-	-
Reference price ³	296.0	246.0	191.0	159.0	163.0	161.0	161.0	161.0
Announcement Date	3/23/20	3/31/21	4/8/22	3/1/23	3/6/24	-	-	-

¹IDR in Million²IDR in Billions³IDR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,650	2,629	1,441	1,932	1,921	1,911	2,083	2,171
EBITDA ¹	1,311	1,411	728.7	1,248	1,166	1,042	1,276	1,208
EBIT ¹	1,288	1,383	700.5	1,220	1,130	1,105	1,241	1,295
Operating Margin	48.62%	52.6%	48.62%	63.15%	58.8%	57.85%	59.55%	59.66%
Earnings before Tax (EBT) ¹	1,350	1,361	766.2	1,239	1,243	1,255	1,352	1,418
Net income ¹	1,335	1,348	714.7	1,217	1,210	1,212	1,304	1,380
Net margin	50.37%	51.26%	49.61%	62.99%	62.96%	63.42%	62.61%	63.58%
EPS ²	27.70	27.96	14.83	25.26	25.10	25.06	27.04	-
Free Cash Flow ³	1,890,338	2,893,919	82,376	1,178,775	-	329,000	237,000	-
FCF margin	71,326.66%	110,064.23%	5,717.63%	60,999.73%	-	17,220.43%	11,376%	-
FCF Conversion (EBITDA)	144,227.66%	205,064.72%	11,304.65%	94,445.78%	-	31,571.11%	18,568.88%	-
FCF Conversion (Net income)	141,605.19%	214,738.1%	11,525.3%	96,835.78%	-	27,152.68%	18,170.2%	-
Dividend per Share ²	21.00	25.00	18.50	25.00	-	20.35	8.241	9.739
Announcement Date	3/23/20	3/31/21	4/8/22	3/1/23	3/6/24	-	-	-

¹IDR in Billions²IDR³IDR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	667	1,375	598	763	-	1,398	1,690	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ²	1,890,338	2,893,919	82,376	1,178,775	-	329,000	237,000	-
ROE (net income / shareholders' equity)	19.5%	22.4%	13.1%	22%	-	18.9%	18.7%	19%
ROA (Net income/ Total Assets)	17.7%	18.8%	11.1%	19.1%	-	17.4%	16.3%	18.6%
Assets ¹	7,558	7,185	6,433	6,369	-	6,964	7,991	7,419
Book Value Per Share ³	135.0	115.0	111.0	119.0	-	142.0	159.0	-
Cash Flow per Share ³	40.40	60.10	4.200	26.40	-	20.40	22.70	-
Capex ¹	58.3	3.67	40.5	91.4	-	69	333	69
Capex / Sales	2.2%	0.14%	2.81%	4.73%	-	3.61%	15.97%	3.18%
Announcement Date	3/23/20	3/31/21	4/8/22	3/1/23	3/6/24	-	-	-

¹IDR in Billions²IDR in Million³IDR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

161 IDR

Average target price

214 IDR

Spread / Average Target

+32.92%

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