Financials PT Jasa Marga (Persero) Tbk OTC Markets

Equities

PTJSY

US69369T1060

Highways & Rail Tracks

Market Closed - OTC Markets 10:44:15 2024-05-31 am EDT 5-day change 1st Jan Change
5.74 USD -12.90% Intraday chart for PT Jasa Marga (Persero) Tbk -.--% +19.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 37,559,483 33,603,944 28,233,119 21,628,456 35,345,833 38,466,717 - -
Enterprise Value (EV) 2 75,769 92,896 82,414 62,443 35,346 104,634 103,263 108,182
P/E ratio 17 x 67.1 x 17.5 x 7.87 x 5.2 x 13 x 11.3 x 8.85 x
Yield 0.29% - - - - 1.88% 2.19% 2.57%
Capitalization / Revenue 3.42 x 3.5 x 2.4 x 1.57 x 2.27 x 2.11 x 1.9 x 1.74 x
EV / Revenue 6.9 x 9.69 x 7 x 4.53 x 2.27 x 5.73 x 5.11 x 4.9 x
EV / EBITDA 10.4 x 15.1 x 10.7 x 7.19 x 3.57 x 9.07 x 8.12 x 7.68 x
EV / FCF -7.02 x -4.57 x -391 x -95.9 x - 36.5 x 48.1 x 23.3 x
FCF Yield -14.2% -21.9% -0.26% -1.04% - 2.74% 2.08% 4.3%
Price to Book 2.01 x 1.76 x 1.37 x 0.99 x - 1.23 x 1.15 x 1.03 x
Nbr of stocks (in thousands) 7,257,871 7,257,871 7,257,871 7,257,871 7,257,871 7,257,871 - -
Reference price 3 5,175 4,630 3,890 2,980 4,870 5,300 5,300 5,300
Announcement Date 4/30/20 3/30/21 3/21/22 3/2/23 4/16/24 - - -
1IDR in Million2IDR in Billions3IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,984 9,588 11,776 13,783 15,566 18,263 20,212 22,063
EBITDA 1 7,285 6,155 7,676 8,680 9,912 11,531 12,719 14,095
EBIT 1 5,857 4,466 2,254 7,383 6,951 8,403 9,146 10,415
Operating Margin 53.32% 46.58% 19.14% 53.57% 44.65% 46.01% 45.25% 47.21%
Earnings before Tax (EBT) 1 3,098 696.5 2,072 3,726 7,926 4,653 5,068 6,222
Net income 1 2,207 501 1,615 2,747 6,794 2,954 3,417 4,100
Net margin 20.09% 5.23% 13.71% 19.93% 43.64% 16.17% 16.91% 18.58%
EPS 2 304.1 69.04 222.6 378.5 936.0 407.0 470.9 598.9
Free Cash Flow 3 -10,796,070 -20,314,421 -210,757 -651,333 - 2,868,000 2,146,400 4,646,500
FCF margin -98,288.13% -211,879.58% -1,789.72% -4,725.78% - 15,703.54% 10,619.4% 21,059.7%
FCF Conversion (EBITDA) - - - - - 24,871.58% 16,875.71% 32,966.59%
FCF Conversion (Net income) - - - - - 97,098.62% 62,807.85% 113,322.95%
Dividend per Share 2 15.20 - - - - 99.58 115.8 136.4
Announcement Date 4/30/20 3/30/21 3/21/22 3/2/23 4/16/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,645 3,517 3,196 3,458 3,559 3,569 3,388 3,592 4,022 4,564 4,548 4,548 5,093 - -
EBITDA 3,359 - - - - - - - - - - - - - -
EBIT 1 2,513 -2,364 - 1,399 1,286 3,201 1,585 1,376 1,960 2,155 2,081 2,081 2,331 - -
Operating Margin 44.53% -67.23% - 40.46% 36.14% 89.69% 46.78% 38.3% 48.74% 47.22% 45.77% 45.77% 45.77% - -
Earnings before Tax (EBT) - - - - - - - - - 1,131 - - - - -
Net income 1 - 865.6 393 342 272.3 1,740 497.6 651.1 4,826 819.1 805.9 805.9 902.6 - -
Net margin - 24.61% 12.3% 9.89% 7.65% 48.75% 14.69% 18.13% 119.98% 17.95% 17.72% 17.72% 17.72% - -
EPS 2 - 119.3 - 47.12 37.52 239.7 68.55 89.72 664.9 112.9 111.0 111.0 124.4 - -
Dividend per Share 2 - - - - - - - - - - 19.89 19.89 19.89 22.21 22.21
Announcement Date 7/28/21 3/21/22 5/13/22 7/30/22 10/31/22 3/2/23 4/29/23 8/24/23 11/30/23 4/16/24 - - - - -
1IDR in Billions2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 38,210 59,292 54,181 40,815 - 66,168 64,796 69,715
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.245 x 9.633 x 7.058 x 4.702 x - 5.738 x 5.094 x 4.946 x
Free Cash Flow 2 -10,796,070 -20,314,421 -210,757 -651,333 - 2,868,000 2,146,400 4,646,500
ROE (net income / shareholders' equity) 12.4% 2.65% 8.14% 12.9% - 10.6% 11.3% 12.2%
ROA (Net income/ Total Assets) 2.42% 0.49% 1.57% 2.86% - 2.38% 2.82% 3%
Assets 1 91,049 101,882 102,664 96,191 - 124,366 121,185 136,674
Book Value Per Share 3 2,574 2,628 2,839 3,007 - 4,313 4,607 5,156
Cash Flow per Share 3 469.0 199.0 381.0 484.0 - 425.0 676.0 824.0
Capex 1 14,201 21,755 2,978 4,163 - 10,096 10,339 9,031
Capex / Sales 129.28% 226.91% 25.29% 30.2% - 55.28% 51.15% 40.93%
Announcement Date 4/30/20 3/30/21 3/21/22 3/2/23 4/16/24 - - -
1IDR in Billions2IDR in Million3IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
5,300 IDR
Average target price
6,042 IDR
Spread / Average Target
+14.01%
Consensus
  1. Stock Market
  2. Equities
  3. JSMR Stock
  4. PTJSY Stock
  5. Financials PT Jasa Marga (Persero) Tbk