Financials PT Satyamitra Kemas Lestari Tbk

Equities

SMKL

ID1000150204

Paper Packaging

End-of-day quote INDONESIA S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
194 IDR +0.52% Intraday chart for PT Satyamitra Kemas Lestari Tbk 0.00% -3.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 802,400 686,800 1,768,321 886,810 690,453
Enterprise Value (EV) 1 1,533,293 1,356,488 2,452,392 1,692,650 1,384,925
P/E ratio 27.3 x 17 x 16.6 x 11.5 x 58.3 x
Yield 2.12% 3.96% 2.31% 4.62% -
Capitalization / Revenue 0.41 x 0.4 x 0.83 x 0.4 x 0.4 x
EV / Revenue 0.79 x 0.8 x 1.16 x 0.76 x 0.8 x
EV / EBITDA 8.31 x 8.04 x 10.7 x 9.24 x 11.6 x
EV / FCF -37,965,128 x 12,488,794 x -48,517,609 x -19,380,600 x 7,769,382 x
FCF Yield -0% 0% -0% -0% 0%
Price to Book 1.19 x 0.94 x 2.17 x 0.93 x 0.74 x
Nbr of stocks (in thousands) 3,400,000 3,400,000 3,400,617 3,410,809 3,418,085
Reference price 2 236.0 202.0 520.0 260.0 202.0
Announcement Date 30/06/20 08/07/21 31/05/22 17/04/23 01/04/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,178,698 1,938,647 1,697,783 2,119,868 2,223,928 1,739,300
EBITDA 1 227,004 184,479 168,807 229,639 183,262 119,243
EBIT 1 140,729 138,094 121,425 180,376 130,270 60,509
Operating Margin 6.46% 7.12% 7.15% 8.51% 5.86% 3.48%
Earnings before Tax (EBT) 1 63,179 52,707 62,716 139,217 102,140 20,368
Net income 1 44,743 20,340 40,451 106,307 77,087 11,847
Net margin 2.05% 1.05% 2.38% 5.01% 3.47% 0.68%
EPS 2 38.91 8.632 11.90 31.27 22.60 3.466
Free Cash Flow - -40,387 108,616 -50,546 -87,337 178,254
FCF margin - -2.08% 6.4% -2.38% -3.93% 10.25%
FCF Conversion (EBITDA) - - 64.34% - - 149.49%
FCF Conversion (Net income) - - 268.51% - - 1,504.66%
Dividend per Share - 5.000 8.000 12.00 12.00 -
Announcement Date 30/06/20 30/06/20 08/07/21 31/05/22 17/04/23 01/04/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 789,010 730,893 669,688 684,072 805,840 694,471
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.476 x 3.962 x 3.967 x 2.979 x 4.397 x 5.824 x
Free Cash Flow - -40,387 108,616 -50,546 -87,337 178,254
ROE (net income / shareholders' equity) - 3.38% 5.59% 13.7% 8.64% 1.26%
ROA (Net income/ Total Assets) - 5.05% 4.46% 6.29% 4.14% 1.93%
Assets 1 - 402,536 906,879 1,690,040 1,861,907 613,283
Book Value Per Share 2 459.0 199.0 216.0 240.0 280.0 271.0
Cash Flow per Share 2 10.40 6.120 3.580 5.500 0.8000 1.970
Capex 1 119,255 37,676 44,754 67,549 149,188 91,324
Capex / Sales 5.47% 1.94% 2.64% 3.19% 6.71% 5.25%
Announcement Date 30/06/20 30/06/20 08/07/21 31/05/22 17/04/23 01/04/24
1IDR in Million2IDR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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