Financials PT Sarimelati Kencana Tbk

Equities

PZZA

ID1000143407

Restaurants & Bars

End-of-day quote INDONESIA S.E. 06:00:00 2024-07-10 pm EDT 5-day change 1st Jan Change
240 IDR -0.83% Intraday chart for PT Sarimelati Kencana Tbk +3.45% -35.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,659,250 3,354,281 2,434,447 2,043,734 1,622,965 1,112,032
Enterprise Value (EV) 1 2,481,083 3,302,632 2,852,479 2,383,316 2,355,837 1,859,095
P/E ratio 14.4 x 16.8 x -26.1 x 33.6 x -69.2 x -11.6 x
Yield - - 2.71% - - -
Capitalization / Revenue 0.74 x 0.84 x 0.7 x 0.6 x 0.45 x 0.31 x
EV / Revenue 0.69 x 0.83 x 0.82 x 0.7 x 0.65 x 0.52 x
EV / EBITDA 6.47 x 7.61 x 21 x 8.93 x 10.6 x 10.4 x
EV / FCF -33.1 x -41.8 x 41.2 x 8.82 x -123 x 8.77 x
FCF Yield -3.02% -2.4% 2.43% 11.3% -0.81% 11.4%
Price to Book 2.19 x 2.5 x 2.12 x 1.75 x 1.38 x 1.03 x
Nbr of stocks (in thousands) 3,021,875 3,021,875 3,005,491 3,005,491 3,005,491 3,005,491
Reference price 2 880.0 1,110 810.0 680.0 540.0 370.0
Announcement Date 3/29/19 4/3/20 5/7/21 4/4/22 4/17/23 4/1/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,573,974 3,986,701 3,458,406 3,418,811 3,612,319 3,543,983
EBITDA 1 383,356 433,847 136,095 266,947 221,448 179,297
EBIT 1 260,154 274,837 -47,210 65,409 15,264 -37,838
Operating Margin 7.28% 6.89% -1.37% 1.91% 0.42% -1.07%
Earnings before Tax (EBT) 1 234,291 269,975 -91,386 47,807 -26,416 -98,910
Net income 1 173,096 200,021 -93,520 60,770 -23,456 -96,225
Net margin 4.84% 5.02% -2.7% 1.78% -0.65% -2.72%
EPS 2 61.31 66.19 -31.08 20.22 -7.804 -32.02
Free Cash Flow 1 -74,921 -79,100 69,319 270,068 -19,181 211,953
FCF margin -2.1% -1.98% 2% 7.9% -0.53% 5.98%
FCF Conversion (EBITDA) - - 50.93% 101.17% - 118.21%
FCF Conversion (Net income) - - - 444.41% - -
Dividend per Share - - 21.96 - - -
Announcement Date 3/29/19 4/3/20 5/7/21 4/4/22 4/17/23 4/1/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 418,031 339,582 732,872 747,063
Net Cash position 1 178,167 51,649 - - - -
Leverage (Debt/EBITDA) - - 3.072 x 1.272 x 3.309 x 4.167 x
Free Cash Flow 1 -74,921 -79,100 69,319 270,068 -19,181 211,953
ROE (net income / shareholders' equity) 21.9% 15.7% -7.51% 5.25% -1.96% -8.56%
ROA (Net income/ Total Assets) 9.23% 8.3% -1.36% 1.84% 0.41% -0.97%
Assets 1 1,875,889 2,410,033 6,878,487 3,305,403 -5,788,817 9,882,390
Book Value Per Share 2 401.0 443.0 383.0 388.0 390.0 358.0
Cash Flow per Share 2 107.0 36.50 20.20 32.90 18.20 17.00
Capex 1 306,092 414,641 283,091 186,281 351,952 131,424
Capex / Sales 8.56% 10.4% 8.19% 5.45% 9.74% 3.71%
Announcement Date 3/29/19 4/3/20 5/7/21 4/4/22 4/17/23 4/1/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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