Financials PT Gowa Makassar Tourism Development Tbk

Equities

GMTD

ID1000064009

Homebuilding

End-of-day quote INDONESIA S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4,670 IDR -2.71% Intraday chart for PT Gowa Makassar Tourism Development Tbk -.--% +95.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,523,070 1,624,608 1,822,607 1,698,223 1,472,301 2,424,220
Enterprise Value (EV) 1 1,575,575 1,677,222 1,874,145 1,692,438 1,497,048 2,411,579
P/E ratio 24.8 x -23.2 x -17.2 x -62 x 164 x 18.8 x
Yield - - - - 0.02% -
Capitalization / Revenue 6.22 x 7.91 x 10.9 x 12.2 x 4.67 x 5.77 x
EV / Revenue 6.43 x 8.16 x 11.2 x 12.2 x 4.75 x 5.74 x
EV / EBITDA 21.7 x 48.1 x 84.6 x -576 x 22.1 x 15.1 x
EV / FCF -468 x -51.5 x 34 x -39.4 x 26.6 x -136 x
FCF Yield -0.21% -1.94% 2.94% -2.54% 3.76% -0.74%
Price to Book 1.99 x 2.35 x 3.12 x 3.05 x 2.6 x 3.48 x
Nbr of stocks (in thousands) 1,015,380 1,015,380 1,015,380 1,015,380 1,015,380 1,015,380
Reference price 2 1,500 1,600 1,795 1,672 1,450 2,388
Announcement Date 2/19/19 5/20/20 4/30/21 3/30/22 3/24/23 3/22/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 245,038 205,516 167,584 138,808 315,372 419,993
EBITDA 1 72,726 34,902 22,142 -2,938 67,605 159,834
EBIT 1 72,023 34,574 21,733 -4,145 65,156 157,170
Operating Margin 29.39% 16.82% 12.97% -2.99% 20.66% 37.42%
Earnings before Tax (EBT) 1 62,042 -69,516 -105,499 -27,042 9,388 129,391
Net income 1 61,443 -70,116 -105,950 -27,376 8,998 129,014
Net margin 25.07% -34.12% -63.22% -19.72% 2.85% 30.72%
EPS 2 60.51 -69.05 -104.3 -26.96 8.862 127.1
Free Cash Flow 1 -3,368 -32,544 55,078 -42,913 56,305 -17,739
FCF margin -1.37% -15.84% 32.87% -30.92% 17.85% -4.22%
FCF Conversion (EBITDA) - - 248.75% - 83.29% -
FCF Conversion (Net income) - - - - 625.74% -
Dividend per Share - - - - 0.3000 -
Announcement Date 2/19/19 5/20/20 4/30/21 3/30/22 3/24/23 3/22/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 52,505 52,614 51,538 - 24,747 -
Net Cash position 1 - - - 5,786 - 12,641
Leverage (Debt/EBITDA) 0.722 x 1.507 x 2.328 x - 0.366 x -
Free Cash Flow 1 -3,368 -32,544 55,078 -42,913 56,305 -17,739
ROE (net income / shareholders' equity) 8.37% -9.64% -16.6% -4.79% 1.6% 20.4%
ROA (Net income/ Total Assets) 3.61% 1.83% 1.3% -0.25% 3.65% 8.31%
Assets 1 1,703,208 -3,829,567 -8,170,115 10,885,236 246,805 1,553,005
Book Value Per Share 2 752.0 680.0 576.0 549.0 558.0 686.0
Cash Flow per Share 2 17.30 17.20 18.30 30.30 17.00 12.70
Capex 1 676 419 746 13,076 7,178 2,285
Capex / Sales 0.28% 0.2% 0.45% 9.42% 2.28% 0.54%
Announcement Date 2/19/19 5/20/20 4/30/21 3/30/22 3/24/23 3/22/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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