Financials PT Blue Bird Tbk

Equities

BIRD

ID1000132707

Passenger Transportation, Ground & Sea

End-of-day quote INDONESIA S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
1,530 IDR -1.92% Intraday chart for PT Blue Bird Tbk -2.55% -14.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,230,229 3,252,730 3,452,898 3,527,961 4,478,759 3,828,213 - -
Enterprise Value (EV) 2 6,858 3,704 3,453 3,315 4,479 4,517 4,456 3,828
P/E ratio 19.8 x -20.3 x - 9.86 x 9.89 x 7.55 x 6.52 x -
Yield 2.93% - - - - 3.11% 3.61% -
Capitalization / Revenue 1.54 x 1.59 x 1.55 x 0.98 x 1.01 x 0.79 x 0.69 x -
EV / Revenue 1.69 x 1.81 x 1.55 x 0.92 x 1.01 x 0.94 x 0.8 x -
EV / EBITDA 7.68 x 12.3 x 8 x 3.82 x 4.14 x 3.52 x 3.02 x 2.34 x
EV / FCF -11.1 x -11 x 66.4 x -109 x - -11.9 x 71.9 x 6.47 x
FCF Yield -8.99% -9.07% 1.51% -0.92% - -8.43% 1.39% 15.5%
Price to Book 1.17 x 0.63 x 0.68 x 0.67 x - 0.63 x 0.59 x -
Nbr of stocks (in thousands) 2,502,100 2,502,100 2,502,100 2,502,100 2,502,100 2,502,100 - -
Reference price 3 2,490 1,300 1,380 1,410 1,790 1,530 1,530 1,530
Announcement Date 3/26/20 3/30/21 4/5/22 3/30/23 4/1/24 - - -
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 4,048 2,047 2,221 3,590 4,422 4,824 5,562 -
EBITDA 1 893.2 301 431.7 867.9 1,083 1,283 1,474 1,636
EBIT 1 371.9 -227 -16.15 419.9 541 609.7 740 -
Operating Margin 9.19% -11.09% -0.73% 11.7% 12.23% 12.64% 13.3% -
Earnings before Tax (EBT) 1 414 -290.5 25.65 484.4 595.1 660.5 765 -
Net income 1 314.6 -161.4 7.714 358.4 453 507.5 587.5 -
Net margin 7.77% -7.88% 0.35% 9.98% 10.24% 10.52% 10.56% -
EPS 2 126.0 -64.00 - 143.0 181.0 202.6 234.7 -
Free Cash Flow 3 -616,561 -335,882 51,976 -30,441 - -381,000 62,000 592,000
FCF margin -15,232.41% -16,411.23% 2,340.37% -847.92% - -7,897.46% 1,114.71% -
FCF Conversion (EBITDA) - - 12,038.95% - - - 4,205.29% 36,185.82%
FCF Conversion (Net income) - - 673,787.92% - - - 10,553.19% -
Dividend per Share 2 73.00 - - - - 47.52 55.24 -
Announcement Date 3/26/20 3/30/21 4/5/22 3/30/23 4/1/24 - - -
1IDR in Billions2IDR3IDR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 627 451 - - - 689 628 -
Net Cash position 1 - - - 213 - - - -
Leverage (Debt/EBITDA) 0.7023 x 1.499 x - - - 0.537 x 0.426 x -
Free Cash Flow 2 -616,561 -335,882 51,976 -30,441 - -381,000 62,000 592,000
ROE (net income / shareholders' equity) 5.99% -3.09% 0.15% 6.96% - 8.1% 9.75% -
ROA (Net income/ Total Assets) 4.38% -2.2% 0.11% 5.31% - - - -
Assets 1 7,190 7,338 6,950 6,746 - - - -
Book Value Per Share 3 2,122 2,054 2,018 2,098 - 2,421 2,601 -
Cash Flow per Share 295.0 92.10 - 363.0 - - - -
Capex 1 1,356 566 253 940 - 881 1,028 950
Capex / Sales 33.49% 27.67% 11.37% 26.17% - 18.27% 18.48% -
Announcement Date 3/26/20 3/30/21 4/5/22 3/30/23 4/1/24 - - -
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
3
Last Close Price
1,530 IDR
Average target price
2,350 IDR
Spread / Average Target
+53.59%
Consensus

Annual profits - Rate of surprise

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