Financials PT Satria Antaran Prima Tbk

Equities

SAPX

ID1000145600

Air Freight & Logistics

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
705 IDR +0.71% Intraday chart for PT Satria Antaran Prima Tbk -1.40% -40.76%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 562,500 691,667 1,825,000 1,045,833 616,667 991,667
Enterprise Value (EV) 1 548,810 663,539 1,765,576 997,301 602,181 1,010,464
P/E ratio -10.5 x 17.5 x 58.2 x 23.4 x 742 x 858 x
Yield - - 0.82% - - -
Capitalization / Revenue 2.45 x 1.75 x 4.04 x 1.77 x 1.04 x 1.59 x
EV / Revenue 2.39 x 1.68 x 3.91 x 1.69 x 1.02 x 1.62 x
EV / EBITDA 157 x 14.4 x 35.1 x 15.1 x 32.5 x 55 x
EV / FCF -19.3 x 51.9 x 57.6 x 49.2 x -22.5 x -37.6 x
FCF Yield -5.18% 1.93% 1.74% 2.03% -4.45% -2.66%
Price to Book 8.45 x 6.48 x 13.2 x 6.23 x 3.64 x 5.6 x
Nbr of stocks (in thousands) 833,333 833,333 833,333 833,333 833,333 833,333
Reference price 2 675.0 830.0 2,190 1,255 740.0 1,190
Announcement Date 3/30/19 5/5/20 4/28/21 3/30/22 4/1/23 4/16/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 229,821 394,766 451,600 589,410 591,903 622,182
EBITDA 1 3,492 46,218 50,335 65,856 18,530 18,360
EBIT 1 -1,202 38,246 37,717 48,973 1,142 3,846
Operating Margin -0.52% 9.69% 8.35% 8.31% 0.19% 0.62%
Earnings before Tax (EBT) 1 -32,090 39,914 40,812 53,104 1,182 1,131
Net income 1 -31,069 39,508 31,334 44,750 831.1 1,155
Net margin -13.52% 10.01% 6.94% 7.59% 0.14% 0.19%
EPS 2 -64.28 47.41 37.60 53.70 0.9973 1.387
Free Cash Flow 1 -28,441 12,775 30,678 20,253 -26,791 -26,896
FCF margin -12.38% 3.24% 6.79% 3.44% -4.53% -4.32%
FCF Conversion (EBITDA) - 27.64% 60.95% 30.75% - -
FCF Conversion (Net income) - 32.34% 97.91% 45.26% - -
Dividend per Share - - 18.00 - - -
Announcement Date 3/30/19 5/5/20 4/28/21 3/30/22 4/1/23 4/16/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 18,797
Net Cash position 1 13,690 28,128 59,424 48,532 14,485 -
Leverage (Debt/EBITDA) - - - - - 1.024 x
Free Cash Flow 1 -28,441 12,775 30,678 20,253 -26,791 -26,896
ROE (net income / shareholders' equity) -95.2% 45.6% 25.6% 29.3% 0.49% 0.67%
ROA (Net income/ Total Assets) -1.06% 18.8% 12.8% 13.3% 0.29% 0.84%
Assets 1 2,927,753 210,496 244,299 337,139 291,414 137,952
Book Value Per Share 2 79.90 128.0 166.0 201.0 203.0 212.0
Cash Flow per Share 2 24.90 47.90 81.40 76.20 51.00 75.90
Capex 1 2,425 6,130 13,946 6,500 24,427 10,654
Capex / Sales 1.06% 1.55% 3.09% 1.1% 4.13% 1.71%
Announcement Date 3/30/19 5/5/20 4/28/21 3/30/22 4/1/23 4/16/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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