Financials PT Bank Negara Indonesia (Persero) Tbk

Equities

BBNI

ID1000096605

Banks

End-of-day quote INDONESIA S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
4,760 IDR -0.21% Intraday chart for PT Bank Negara Indonesia (Persero) Tbk -5.27% -11.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 146,391,953 115,034,549 125,280,890 172,033,856 200,473,057 177,342,360 - -
Enterprise Value (EV) 1 146,391,953 115,034,549 125,280,890 172,033,856 200,473,057 177,342,360 177,342,360 177,342,360
P/E ratio 9.52 x 35.1 x 11.5 x 9.38 x 9.58 x 7.9 x 6.89 x 6.14 x
Yield 2.56% - 0.65% - - 5.83% 6.45% 7.73%
Capitalization / Revenue 3.05 x 2.21 x 2.24 x 2.8 x 3.19 x 2.68 x 2.46 x 2.25 x
EV / Revenue 3.05 x 2.21 x 2.24 x 2.8 x 3.19 x 2.68 x 2.46 x 2.25 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.19 x 1.04 x 1.04 x 1.27 x 1.33 x 1.1 x 1 x 0.91 x
Nbr of stocks (in thousands) 37,297,313 37,258,154 37,120,264 37,297,313 37,297,313 37,256,798 - -
Reference price 2 3,925 3,088 3,375 4,612 5,375 4,760 4,760 4,760
Announcement Date 1/22/20 1/30/21 1/26/22 1/25/23 1/29/24 - - -
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 47,960 52,036 55,865 61,472 62,747 66,278 72,048 78,658
EBITDA - - - - - - - -
EBIT 1 28,325 27,703 30,848 34,413 34,836 36,658 41,002 44,900
Operating Margin 59.06% 53.24% 55.22% 55.98% 55.52% 55.31% 56.91% 57.08%
Earnings before Tax (EBT) 1 19,369 5,112 12,551 22,687 25,640 27,829 31,764 35,810
Net income 1 15,384 3,280 10,899 18,312 20,909 22,662 25,646 28,941
Net margin 32.08% 6.3% 19.51% 29.79% 33.32% 34.19% 35.6% 36.79%
EPS 2 412.5 88.00 292.5 491.5 561.0 602.5 690.8 775.0
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 100.5 - 22.01 - - 277.3 307.0 368.1
Announcement Date 1/22/20 1/30/21 1/26/22 1/25/23 1/29/24 - - -
1IDR in Billions2IDR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 14,361 14,681 15,095 - - - 14,292 14,524 16,961 13,677 15,298 15,953 16,521 16,468
EBITDA - - - - - - - - - - - - - -
EBIT 7,414 - 8,708 8,588 8,581 - 7,964 7,772 8,750 7,558 - - - -
Operating Margin 51.63% - 57.69% - - - 55.72% 53.51% 51.59% 55.26% - - - -
Earnings before Tax (EBT) 2,914 - 5,948 - - - 6,247 6,672 6,263 6,437 - - - -
Net income 3,152 - 4,841 4,889 4,620 - 5,081 5,452 5,156 5,326 - - - -
Net margin 21.95% - 32.07% - - - 35.55% 37.53% 30.4% 38.95% - - - -
EPS 2 - - - - - - 136.5 292.0 - 143.0 160.3 166.6 154.1 -
Dividend per Share 2 - - - - - - - - - - - - 280.3 -
Announcement Date 1/26/22 4/26/22 7/31/22 10/24/22 1/25/23 4/18/23 7/26/23 10/31/23 1/29/24 4/27/24 - - - -
1IDR in Billions2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 13.3% 2.82% 9.5% 14.9% 14.6% 14.5% 15.1% 15.6%
ROA (Net income/ Total Assets) 1.86% 0.38% 1.17% 1.93% 1.98% 2.01% 2.11% 2.18%
Assets 1 827,078 868,521 928,086 948,415 1,058,172 1,125,744 1,213,714 1,330,567
Book Value Per Share 2 3,285 2,957 3,257 3,643 4,030 4,330 4,756 5,209
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/22/20 1/30/21 1/26/22 1/25/23 1/29/24 - - -
1IDR in Billions2IDR
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
4,760 IDR
Average target price
6,178 IDR
Spread / Average Target
+29.80%
Consensus
  1. Stock Market
  2. Equities
  3. BBNI Stock
  4. Financials PT Bank Negara Indonesia (Persero) Tbk