Financials PT Sriwahana Adityakarta Tbk

Equities

SWAT

ID1000143704

Paper Packaging

End-of-day quote INDONESIA S.E. 06:00:00 2024-07-15 pm EDT 5-day change 1st Jan Change
8 IDR 0.00% Intraday chart for PT Sriwahana Adityakarta Tbk 0.00% -84.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 374,381 310,978 338,150 552,514 150,960 150,960
Enterprise Value (EV) 1 537,093 511,757 557,116 895,109 523,497 522,572
P/E ratio 138 x 100 x 158 x -7.86 x -2.6 x -6.02 x
Yield - - - - - -
Capitalization / Revenue 1.66 x 1.17 x 1.73 x 1.95 x 0.48 x 0.62 x
EV / Revenue 2.39 x 1.92 x 2.85 x 3.16 x 1.66 x 2.14 x
EV / EBITDA 18.7 x 11.5 x 9.99 x -80.9 x 310 x 23.1 x
EV / FCF -3.36 x -13.8 x -32 x -9.3 x -63.4 x -10.8 x
FCF Yield -29.7% -7.24% -3.13% -10.8% -1.58% -9.22%
Price to Book 1.07 x 0.88 x 0.95 x 1.93 x 0.66 x 0.75 x
Nbr of stocks (in thousands) 3,019,200 3,019,200 3,019,200 3,019,200 3,019,200 3,019,200
Reference price 2 124.0 103.0 112.0 183.0 50.00 50.00
Announcement Date 3/29/19 4/1/20 5/31/21 6/14/22 5/2/23 5/31/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 224,863 265,850 195,245 283,467 315,679 243,971
EBITDA 1 28,706 44,455 55,779 -11,067 1,688 22,578
EBIT 1 18,974 29,537 27,933 -42,742 -26,382 -5,236
Operating Margin 8.44% 11.11% 14.31% -15.08% -8.36% -2.15%
Earnings before Tax (EBT) 1 4,267 5,307 3,242 -77,362 -62,199 -7,656
Net income 1 2,460 3,103 2,144 -70,266 -58,039 -7,069
Net margin 1.09% 1.17% 1.1% -24.79% -18.39% -2.9%
EPS 2 0.8989 1.028 0.7101 -23.27 -19.22 -8.307
Free Cash Flow 1 -159,686 -37,064 -17,415 -96,272 -8,263 -48,167
FCF margin -71.01% -13.94% -8.92% -33.96% -2.62% -19.74%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 4/1/20 5/31/21 6/14/22 5/2/23 5/31/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 162,712 200,780 218,965 342,595 372,537 371,612
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.668 x 4.516 x 3.926 x -30.96 x 220.7 x 16.46 x
Free Cash Flow 1 -159,686 -37,064 -17,415 -96,272 -8,263 -48,167
ROE (net income / shareholders' equity) 0.82% 0.88% 0.6% -21.9% -22.6% -3.29%
ROA (Net income/ Total Assets) 2.46% 3.19% 2.8% -4.03% -2.46% -0.51%
Assets 1 99,899 97,165 76,544 1,743,712 2,363,719 1,395,964
Book Value Per Share 2 116.0 117.0 118.0 94.80 75.30 67.00
Cash Flow per Share 2 3.180 8.370 6.910 9.000 8.560 7.290
Capex 1 81,087 53,773 8,814 6,677 33,498 1,117
Capex / Sales 36.06% 20.23% 4.51% 2.36% 10.61% 0.46%
Announcement Date 3/29/19 4/1/20 5/31/21 6/14/22 5/2/23 5/31/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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