Financials PT Pantai Indah Kapuk Dua Tbk

Equities

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-05-21 pm EDT			5-day change	1st Jan Change
5,575 ^IDR	-0.45%		+13.78%	+13.78%

Feb. 29	PT Pantai Indah Kapuk Dua Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Pantai Indah Kapuk Dua Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	12,853,500	76,573,035	87,121,361	-	-
Enterprise Value (EV) ²	12,854	76,149	84,221	83,584	80,258
P/E ratio	34.9 x	-	-	-	-
Yield	-	-	-	-	-
Capitalization / Revenue	-	35.5 x	27 x	19.7 x	17.9 x
EV / Revenue	-	35.3 x	26.1 x	18.9 x	16.5 x
EV / EBITDA	-	85.5 x	69.4 x	44.5 x	34.7 x
EV / FCF	-	-80.1 x	24.6 x	71.5 x	20.5 x
FCF Yield	-	-1.25%	4.06%	1.4%	4.87%
Price to Book	-	-	-	-	-
Nbr of stocks (in thousands)	13,530,000	15,627,150	15,627,150	-	-
Reference price ³	950.0	4,900	5,575	5,575	5,575
Announcement Date	3/31/23	2/29/24	-	-	-

¹IDR in Million²IDR in Billions³IDR

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	2,159	3,222	4,413	4,866
EBITDA ¹	-	890.4	1,214	1,880	2,316
EBIT ¹	-	-	1,206	1,872	2,308
Operating Margin	-	-	37.43%	42.42%	47.42%
Earnings before Tax (EBT) ¹	-	818.5	1,315	2,001	2,542
Net income ¹	138.2	270	565.7	880.5	1,148
Net margin	-	12.51%	17.56%	19.95%	23.59%
EPS	27.19	-	-	-	-
Free Cash Flow ²	-	-950,751	3,419,200	1,169,700	3,911,200
FCF margin	-	-44,038.81%	106,123.72%	26,506.98%	80,376.48%
FCF Conversion (EBITDA)	-	-	281,763.49%	62,211.47%	168,862.79%
FCF Conversion (Net income)	-	-	604,419.3%	132,844.97%	340,696.86%
Dividend per Share	-	-	-	-	-
Announcement Date	3/31/23	2/29/24	-	-	-

¹IDR in Billions²IDR in Million

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-
Net Cash position ¹	-	424	2,901	3,538	6,863
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ²	-	-950,751	3,419,200	1,169,700	3,911,200
ROE (net income / shareholders' equity)	-	4.09%	4.3%	6.3%	7.7%
ROA (Net income/ Total Assets)	-	2.32%	1.6%	2.4%	2.9%
Assets ¹	-	11,640	35,356	36,688	39,586
Book Value Per Share	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	13	296	296	295
Capex / Sales	-	0.6%	9.18%	6.7%	6.07%
Announcement Date	3/31/23	2/29/24	-	-	-

¹IDR in Billions²IDR in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5,575 IDR

Average target price

6,000 IDR

Spread / Average Target

+7.62%

	1st Jan change	Capi.
PT PANTAI INDAH KAPUK DUA TBK	+13.78%	5.43B
CHINA RESOURCES LAND LIMITED	+12.86%	29.5B
SUN HUNG KAI PROPERTIES LIMITED	-6.16%	27.93B
MITSUI FUDOSAN CO., LTD.	+22.93%	25.35B
DLF LIMITED	+16.61%	25.19B
CHINA OVERSEAS LAND & INVESTMENT LTD.	+16.42%	22.63B
MITSUBISHI ESTATE CO., LTD.	+32.45%	21.24B
EMAAR PROPERTIES	+0.38%	19.35B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD.	+13.94%	18.49B
HENDERSON LAND DEVELOPMENT COMPANY LIMITED	+8.73%	16.62B