Financials PT Link Net Tbk

Equities

LINK

ID1000131808

Integrated Telecommunications Services

End-of-day quote INDONESIA S.E. 23:00:00 07/05/2024 BST 5-day change 1st Jan Change
935 IDR -1.58% Intraday chart for PT Link Net Tbk -4.59% -29.43%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,269,981 11,092,361 6,631,310 11,006,324 7,209,142 3,645,845
Enterprise Value (EV) 1 13,770,853 11,685,324 8,031,467 14,081,042 12,399,357 10,284,050
P/E ratio 18.2 x 12.7 x 7.07 x 12.4 x 29.9 x -6.84 x
Yield 4.74% 4.52% 4.26% 4.83% 1.73% -
Capitalization / Revenue 3.83 x 2.95 x 1.64 x 2.47 x 1.65 x 0.93 x
EV / Revenue 3.69 x 3.11 x 1.98 x 3.15 x 2.84 x 2.62 x
EV / EBITDA 6.8 x 5.38 x 3.57 x 5.98 x 6.67 x 7.12 x
EV / FCF 30.9 x -33.7 x 17.5 x -9.43 x -12.5 x -6.71 x
FCF Yield 3.24% -2.97% 5.72% -10.6% -7.98% -14.9%
Price to Book 3 x 2.41 x 1.43 x 2.1 x 1.45 x 0.84 x
Nbr of stocks (in thousands) 2,912,241 2,801,101 2,751,581 2,751,581 2,751,581 2,751,581
Reference price 2 4,900 3,960 2,410 4,000 2,620 1,325
Announcement Date 28/03/19 04/05/20 08/05/21 31/03/22 08/03/23 12/02/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,728,364 3,755,262 4,047,964 4,464,900 4,370,781 3,925,581
EBITDA 1 2,024,509 2,171,761 2,246,940 2,353,811 1,858,579 1,443,899
EBIT 1 1,305,699 1,396,598 1,397,501 1,361,952 625,934 -30,589
Operating Margin 35.02% 37.19% 34.52% 30.5% 14.32% -0.78%
Earnings before Tax (EBT) 1 1,120,496 1,240,307 1,246,629 1,148,877 330,030 -586,245
Net income 1 788,918 894,531 941,706 885,318 240,717 -532,984
Net margin 21.16% 23.82% 23.26% 19.83% 5.51% -13.58%
EPS 2 269.4 310.8 340.9 321.7 87.48 -193.7
Free Cash Flow 1 445,936 -346,653 459,340 -1,493,943 -988,856 -1,532,529
FCF margin 11.96% -9.23% 11.35% -33.46% -22.62% -39.04%
FCF Conversion (EBITDA) 22.03% - 20.44% - - -
FCF Conversion (Net income) 56.52% - 48.78% - - -
Dividend per Share 2 232.0 178.8 102.7 193.0 45.41 -
Announcement Date 28/03/19 04/05/20 08/05/21 31/03/22 08/03/23 12/02/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 592,963 1,400,157 3,074,718 5,190,215 6,638,205
Net Cash position 1 499,128 - - - - -
Leverage (Debt/EBITDA) - 0.273 x 0.6231 x 1.306 x 2.793 x 4.597 x
Free Cash Flow 1 445,936 -346,653 459,340 -1,493,943 -988,856 -1,532,529
ROE (net income / shareholders' equity) 17% 19% 20.3% 17.9% 4.71% -11.5%
ROA (Net income/ Total Assets) 13.8% 13.8% 12.1% 9.7% 3.66% -0.16%
Assets 1 5,698,875 6,495,571 7,791,258 9,124,826 6,581,463 338,617,535
Book Value Per Share 2 1,632 1,641 1,680 1,908 1,806 1,569
Cash Flow per Share 2 206.0 105.0 131.0 98.40 56.50 86.10
Capex 1 1,069,725 1,672,672 1,665,628 2,907,035 2,629,769 3,201,073
Capex / Sales 28.69% 44.54% 41.15% 65.11% 60.17% 81.54%
Announcement Date 28/03/19 04/05/20 08/05/21 31/03/22 08/03/23 12/02/24
1IDR in Million2IDR
Estimates
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