Financials PT Bank Rakyat Indonesia (Persero) Tbk

Equities

BBRI

ID1000118201

Banks

End-of-day quote INDONESIA S.E. 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
4,750 IDR -0.21% Intraday chart for PT Bank Rakyat Indonesia (Persero) Tbk -1.66% -17.03%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 538,474,796 511,222,595 616,678,422 747,283,828 863,641,192 716,256,569 - -
Enterprise Value (EV) 1 538,474,796 511,222,595 616,678,422 747,283,828 863,641,192 716,256,569 716,256,569 716,256,569
P/E ratio 15.7 x 27.4 x 17.3 x 14.6 x 14.4 x 11.4 x 10 x 9.17 x
Yield 3.73% 2.31% 4.24% - - 6.7% 7.32% 8.05%
Capitalization / Revenue 4.85 x 4.7 x 3.94 x 4.31 x 4.53 x 3.61 x 3.3 x 3.11 x
EV / Revenue 4.85 x 4.7 x 3.94 x 4.31 x 4.53 x 3.61 x 3.3 x 3.11 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.67 x 2.6 x 2.16 x 2.49 x 2.77 x 2.2 x 2.08 x 1.94 x
Nbr of stocks (in thousands) 122,380,636 122,595,347 150,043,412 151,272,030 150,854,357 150,790,857 - -
Reference price 2 4,400 4,170 4,110 4,940 5,725 4,750 4,750 4,750
Announcement Date 24/01/20 29/01/21 03/02/22 08/02/23 31/01/24 - - -
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 110,961 108,674 156,353 173,477 190,642 198,603 216,935 230,036
EBITDA - - - - - - - -
EBIT 1 65,927 59,624 80,435 92,119 105,953 113,564 123,391 134,206
Operating Margin 59.41% 54.87% 51.44% 53.1% 55.58% 57.18% 56.88% 58.34%
Earnings before Tax (EBT) 1 43,364 26,725 40,992 64,597 76,430 79,324 89,438 98,621
Net income 1 34,373 18,655 31,067 51,170 60,100 63,135 71,340 78,021
Net margin 30.98% 17.17% 19.87% 29.5% 31.53% 31.79% 32.89% 33.92%
EPS 2 281.0 152.0 238.0 338.0 398.0 416.5 474.4 518.1
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 164.1 96.49 174.3 - - 318.3 347.8 382.5
Announcement Date 24/01/20 29/01/21 03/02/22 08/02/23 31/01/24 - - -
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 2025 Q2
Net sales 1 58,770 30,685 45,137 - 43,497 39,100 48,601 52,623 50,318 - 49,387 50,007 50,536 - -
EBITDA - - - - - - - - - - - - - - -
EBIT 24,712 - 25,397 - 18,254 26,690 24,528 27,737 26,998 31,932 - - - - -
Operating Margin 42.05% - 56.26% - 41.97% 68.26% 50.47% 52.71% 53.65% - - - - - -
Earnings before Tax (EBT) 15,683 - 15,864 - - 19,597 17,603 18,518 20,711 19,925 - - - - -
Net income 11,810 - 12,619 - 12,014 15,502 13,920 14,571 16,107 15,886 - - - - -
Net margin 20.1% - 27.96% - 27.62% 39.65% 28.64% 27.69% 32.01% - - - - - -
EPS 2 - - - - - - 92.00 100.0 103.0 105.0 99.31 103.0 100.3 - -
Dividend per Share 2 174.3 - - - - - - - - - - - 317.2 - -
Announcement Date 03/02/22 25/04/22 27/07/22 16/11/22 08/02/23 27/04/23 30/08/23 25/10/23 31/01/24 25/04/24 - - - - -
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) 17.7% 11.1% 14.1% 17.4% 18.3% 19.8% 20.9% 21.6%
ROA (Net income/ Total Assets) 2.5% 1.98% 2.23% 2.89% 3.12% 3.05% 3.25% 3.23%
Assets 1 1,374,904 942,159 1,393,121 1,771,825 1,926,278 2,067,346 2,198,250 2,416,933
Book Value Per Share 2 1,651 1,602 1,905 1,981 2,065 2,156 2,287 2,450
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 24/01/20 29/01/21 03/02/22 08/02/23 31/01/24 - - -
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
24
Last Close Price
4,750 IDR
Average target price
6,258 IDR
Spread / Average Target
+31.75%
Consensus
  1. Stock Market
  2. Equities
  3. BBRI Stock
  4. Financials PT Bank Rakyat Indonesia (Persero) Tbk