Financials PT Bhakti Multi Artha Tbk

Equities

BHAT

ID1000155807

Life & Health Insurance

End-of-day quote INDONESIA S.E. 23:00:00 30/06/2024 BST 5-day change 1st Jan Change
400 IDR +1.01% Intraday chart for PT Bhakti Multi Artha Tbk +22.70% -31.62%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 3,100,000 5,000,000 4,325,000 2,925,000
Enterprise Value (EV) 1 3,098,754 4,989,925 4,315,974 2,908,788
P/E ratio 269 x 537 x 1,436 x 873 x
Yield - - - -
Capitalization / Revenue 32.7 x 41.9 x 24.5 x 13.8 x
EV / Revenue 32.7 x 41.8 x 24.4 x 13.7 x
EV / EBITDA 236 x 494 x 241 x 121 x
EV / FCF -14.5 x 464 x 66.2 x 108 x
FCF Yield -6.9% 0.22% 1.51% 0.92%
Price to Book 6.01 x 9.33 x 8.05 x 5.38 x
Nbr of stocks (in thousands) 5,000,000 5,000,000 5,000,000 5,000,000
Reference price 2 620.0 1,000 865.0 585.0
Announcement Date 30/06/21 28/04/22 01/04/23 28/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 50,629 64,631 94,817 119,310 176,627 212,055
EBITDA 1 1,142 3,040 13,114 10,102 17,881 24,045
EBIT 1 988.4 2,768 12,303 9,286 17,163 23,752
Operating Margin 1.95% 4.28% 12.98% 7.78% 9.72% 11.2%
Earnings before Tax (EBT) 1 982.4 2,759 11,616 9,288 3,248 3,292
Net income 1 989.3 2,871 11,525 9,306 3,011 3,350
Net margin 1.95% 4.44% 12.15% 7.8% 1.7% 1.58%
EPS 2 989.3 2.956 2.305 1.861 0.6023 0.6699
Free Cash Flow 1 -28,729 -88,888 -213,861 10,745 65,169 26,859
FCF margin -56.74% -137.53% -225.55% 9.01% 36.9% 12.67%
FCF Conversion (EBITDA) - - - 106.36% 364.46% 111.7%
FCF Conversion (Net income) - - - 115.46% 2,164.15% 801.88%
Dividend per Share - - - - - -
Announcement Date 01/04/20 30/06/20 30/06/21 28/04/22 01/04/23 28/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 148,991 - - - - -
Net Cash position 1 - 4,433 1,246 10,075 9,026 16,212
Leverage (Debt/EBITDA) 130.5 x - - - - -
Free Cash Flow 1 -28,729 -88,888 -213,861 10,745 65,169 26,859
ROE (net income / shareholders' equity) 25.5% 1.86% 2.84% 1.78% 0.61% 0.63%
ROA (Net income/ Total Assets) 0.28% 0.54% 1.46% 0.84% 1.21% 1.38%
Assets 1 354,330 530,934 788,949 1,112,716 249,156 242,985
Book Value Per Share 2 1,372 102.0 103.0 107.0 107.0 109.0
Cash Flow per Share 2 7,118 1.970 0.5800 2.240 51.50 53.00
Capex 1 503 197 71.4 88.2 329 150
Capex / Sales 0.99% 0.3% 0.08% 0.07% 0.19% 0.07%
Announcement Date 01/04/20 30/06/20 30/06/21 28/04/22 01/04/23 28/03/24
1IDR in Million2IDR
Estimates
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