Financials PT Armada Berjaya Trans Tbk

Equities

JAYA

ID1000148109

Air Freight & Logistics

End-of-day quote INDONESIA S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
89 IDR 0.00% Intraday chart for PT Armada Berjaya Trans Tbk 0.00% -21.93%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 31,125 48,000 146,250 86,724 91,029
Enterprise Value (EV) 1 56,212 55,029 151,404 87,031 106,175
P/E ratio 21.1 x 15.9 x 14.5 x 19.6 x 8.87 x
Yield - - - 5.5% -
Capitalization / Revenue 0.49 x 0.73 x 2.02 x 1.09 x 1.07 x
EV / Revenue 0.89 x 0.84 x 2.09 x 1.1 x 1.25 x
EV / EBITDA 3.37 x 4.14 x 9.99 x 5.87 x 5.95 x
EV / FCF -1.58 x 7.22 x -2.41 x 4.47 x 4.22 x
FCF Yield -63.3% 13.9% -41.4% 22.4% 23.7%
Price to Book 0.49 x 0.72 x 1.33 x 0.74 x 0.75 x
Nbr of stocks (in thousands) 375,000 375,000 750,000 795,629 798,499
Reference price 2 83.00 128.0 195.0 109.0 114.0
Announcement Date 3/26/20 3/8/21 3/28/22 4/12/23 3/28/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 30,770 63,419 65,475 72,428 79,237 84,806
EBITDA 1 8,600 16,699 13,299 15,158 14,820 17,847
EBIT 1 3,461 5,525 4,968 7,242 6,875 8,959
Operating Margin 11.25% 8.71% 7.59% 10% 8.68% 10.56%
Earnings before Tax (EBT) 1 1,652 2,789 4,277 6,258 5,888 12,788
Net income 1 568.2 1,472 3,027 5,692 4,337 10,232
Net margin 1.85% 2.32% 4.62% 7.86% 5.47% 12.07%
EPS 2 1.532 3.926 8.070 13.47 5.570 12.85
Free Cash Flow 1 -5,189 -35,572 7,627 -62,724 19,483 25,149
FCF margin -16.86% -56.09% 11.65% -86.6% 24.59% 29.66%
FCF Conversion (EBITDA) - - 57.35% - 131.47% 140.92%
FCF Conversion (Net income) - - 251.94% - 449.19% 245.79%
Dividend per Share - - - - 6.000 -
Announcement Date 4/1/19 3/26/20 3/8/21 3/28/22 4/12/23 3/28/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 26,842 25,087 7,029 5,154 307 15,146
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.121 x 1.502 x 0.5286 x 0.34 x 0.0207 x 0.8487 x
Free Cash Flow 1 -5,189 -35,572 7,627 -62,724 19,483 25,149
ROE (net income / shareholders' equity) 4.21% 3.43% 4.63% 6.43% 3.81% 8.56%
ROA (Net income/ Total Assets) 4.93% 4.78% 3.55% 4.43% 3.39% 3.75%
Assets 1 11,526 30,820 85,168 128,363 127,956 272,560
Book Value Per Share 2 97.20 171.0 178.0 147.0 148.0 152.0
Cash Flow per Share 2 2.330 1.380 16.40 4.710 10.10 9.900
Capex 1 7,388 44,894 2,018 37,971 2,256 3,413
Capex / Sales 24.01% 70.79% 3.08% 52.43% 2.85% 4.02%
Announcement Date 4/1/19 3/26/20 3/8/21 3/28/22 4/12/23 3/28/24
1IDR in Million2IDR
Estimates
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