Financials PT Multi Indocitra Tbk

Equities

MICE

ID1000102809

Personal Products

End-of-day quote INDONESIA S.E. 06:00:00 2024-07-01 pm EDT 5-day change 1st Jan Change
490 IDR +0.41% Intraday chart for PT Multi Indocitra Tbk +4.70% -16.95%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 220,307 206,016 176,387 237,945 316,669 349,223
Enterprise Value (EV) 1 380,226 416,399 356,639 412,276 542,515 572,195
P/E ratio 6.68 x 5.56 x 65.8 x 7.9 x 6.64 x 10.2 x
Yield 2.7% 1.45% 1.34% 3.73% 0.93% -
Capitalization / Revenue 0.35 x 0.28 x 0.27 x 0.31 x 0.32 x 0.32 x
EV / Revenue 0.6 x 0.57 x 0.55 x 0.53 x 0.56 x 0.53 x
EV / EBITDA 6.27 x 6.79 x 7.15 x 5.14 x 5.47 x 6.31 x
EV / FCF -2.72 x -12.4 x 7.36 x 32.6 x -17.9 x -285 x
FCF Yield -36.8% -8.04% 13.6% 3.06% -5.59% -0.35%
Price to Book 0.35 x 0.3 x 0.26 x 0.33 x 0.42 x 0.39 x
Nbr of stocks (in thousands) 595,423 595,423 591,904 591,904 591,904 591,904
Reference price 2 370.0 346.0 298.0 402.0 535.0 590.0
Announcement Date 3/29/19 5/18/20 3/31/21 3/31/22 3/30/23 3/28/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 637,905 733,816 654,285 770,708 974,637 1,086,594
EBITDA 1 60,605 61,350 49,865 80,159 99,107 90,620
EBIT 1 44,940 41,134 23,693 61,272 81,184 71,624
Operating Margin 7.04% 5.61% 3.62% 7.95% 8.33% 6.59%
Earnings before Tax (EBT) 1 44,127 45,194 8,674 42,603 67,659 47,290
Net income 1 32,998 37,033 2,698 30,119 47,712 34,369
Net margin 5.17% 5.05% 0.41% 3.91% 4.9% 3.16%
EPS 2 55.42 62.20 4.531 50.89 80.61 58.07
Free Cash Flow 1 -139,978 -33,495 48,462 12,632 -30,330 -2,011
FCF margin -21.94% -4.56% 7.41% 1.64% -3.11% -0.19%
FCF Conversion (EBITDA) - - 97.19% 15.76% - -
FCF Conversion (Net income) - - 1,796.37% 41.94% - -
Dividend per Share 2 10.00 5.000 4.000 15.00 5.000 -
Announcement Date 3/29/19 5/18/20 3/31/21 3/31/22 3/30/23 3/28/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 159,919 210,382 180,251 174,331 225,847 222,971
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.639 x 3.429 x 3.615 x 2.175 x 2.279 x 2.46 x
Free Cash Flow 1 -139,978 -33,495 48,462 12,632 -30,330 -2,011
ROE (net income / shareholders' equity) 5.3% 5.22% 0.4% 4.33% 6.54% 4.19%
ROA (Net income/ Total Assets) 3.13% 2.61% 1.45% 3.71% 4.49% 3.55%
Assets 1 1,052,682 1,417,683 186,245 811,469 1,062,228 969,381
Book Value Per Share 2 1,071 1,154 1,150 1,200 1,265 1,505
Cash Flow per Share 2 57.00 58.80 94.20 101.0 86.60 102.0
Capex 1 99,962 52,737 6,770 20,320 11,901 29,404
Capex / Sales 15.67% 7.19% 1.03% 2.64% 1.22% 2.71%
Announcement Date 3/29/19 5/18/20 3/31/21 3/31/22 3/30/23 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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