Financials PT Asuransi Harta Aman Pratama Tbk

Equities

AHAP

ID1000095805

Multiline Insurance & Brokers

End-of-day quote INDONESIA S.E. 23:00:00 13/06/2024 BST 5-day change 1st Jan Change
87 IDR -3.33% Intraday chart for PT Asuransi Harta Aman Pratama Tbk -6.45% -6.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 249,900 176,400 205,800 217,560 377,300 455,700
Enterprise Value (EV) 1 172,555 171,726 195,571 239,525 366,010 473,758
P/E ratio -9.35 x -1.53 x -14.2 x -11.3 x -50.5 x 91.5 x
Yield - - - - - -
Capitalization / Revenue 1.7 x 1.52 x 1.44 x 1.06 x 1.53 x 1.65 x
EV / Revenue 1.17 x 1.48 x 1.37 x 1.17 x 1.48 x 1.72 x
EV / EBITDA -4.68 x -1.55 x -19.1 x -14.5 x -36.6 x -62.8 x
EV / FCF -4.81 x -30 x 6.8 x 9.9 x -6.25 x 21.8 x
FCF Yield -20.8% -3.33% 14.7% 10.1% -16% 4.59%
Price to Book 0.95 x 1.18 x 1.47 x 1.78 x 1.8 x 2.11 x
Nbr of stocks (in thousands) 2,940,000 2,940,000 2,940,000 2,940,000 4,900,000 4,900,000
Reference price 2 85.00 60.00 70.00 74.00 77.00 93.00
Announcement Date 28/03/19 28/05/20 29/03/21 21/03/22 31/03/23 27/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 147,026 116,114 142,698 204,817 247,129 275,364
EBITDA 1 -36,871 -110,563 -10,222 -16,521 -9,989 -7,542
EBIT 1 -38,581 -114,748 -14,185 -18,803 -12,982 -9,145
Operating Margin -26.24% -98.82% -9.94% -9.18% -5.25% -3.32%
Earnings before Tax (EBT) 1 -24,249 -114,954 -15,203 -16,223 -7,051 1,459
Net income 1 -26,726 -115,453 -14,493 -19,187 -7,469 4,979
Net margin -18.18% -99.43% -10.16% -9.37% -3.02% 1.81%
EPS 2 -9.090 -39.27 -4.930 -6.526 -1.524 1.016
Free Cash Flow 1 -35,880 -5,721 28,742 24,193 -58,579 21,739
FCF margin -24.4% -4.93% 20.14% 11.81% -23.7% 7.89%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 436.63%
Dividend per Share - - - - - -
Announcement Date 28/03/19 28/05/20 29/03/21 21/03/22 31/03/23 27/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 21,965 - 18,058
Net Cash position 1 77,345 4,674 10,229 - 11,290 -
Leverage (Debt/EBITDA) - - - -1.329 x - -2.394 x
Free Cash Flow 1 -35,880 -5,721 28,742 24,193 -58,579 21,739
ROE (net income / shareholders' equity) -11.7% -55.9% -10% -14.6% -4.5% 2.34%
ROA (Net income/ Total Assets) -4.64% -11.8% -1.48% -1.84% -1.01% -0.59%
Assets 1 576,513 974,515 976,448 1,044,281 736,553 -841,002
Book Value Per Share 2 89.80 50.70 47.70 41.50 42.90 44.10
Cash Flow per Share 2 26.30 1.590 4.560 1.880 2.650 2.610
Capex 1 47.2 353 4,382 1,075 868 277
Capex / Sales 0.03% 0.3% 3.07% 0.53% 0.35% 0.1%
Announcement Date 28/03/19 28/05/20 29/03/21 21/03/22 31/03/23 27/03/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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