Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 19.0x --> heavy shareholder buying
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['PT. Tiara Intimahkota', 'Amirsyah Risjad']
• Total bought value in the last 6 months: IDR 0.4 billion
• Foreign holders had been net buying 3 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 21.0x --> heavy shareholder selling, beware of stock overhang!
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +0.01%
• In the last 6 months: out of 6 million shares sold: 0 million shares came from Foreign holders
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Current EBITDA 57.2 B is sufficient to cover current Interest Exp -17.9 B
• Total EBITDA 419.8 B is sufficient to cover Total Interest Exp -134.8 B in the last 7 quarters

Red Flags

• Multiple quarters of (-) Net Income
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -228.0%

Green Flags

• Current Ratio: 1.2x with an avg of 1.2x over 7 quarters

Red Flags

• Increasing DER for 4 consecutive quarters
• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters
• In the last 4 quarters: 1 occurence of Receivables growing 7.2x of Sales growth

Green Flags

Red Flags

• Negative Net Profit with positive Operating CF --> check Noise and other Operating Losses