Financial Analysis Center

Green Flags

• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -10.48%
• In the last 6 months: out of 37,036 million shares bought: 0 million shares came from Foreign holders
• 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 26.6x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Rima Rupita', 'PT. Victoria Insurance Tbk']
• Total sold value in the last 6 months: IDR -3.5 billion
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Current EBITDA 89.3 B is sufficient to cover current Interest Exp -29.0 B
• Total EBITDA 573.7 B is sufficient to cover Total Interest Exp -166.6 B in the last 7 quarters

Red Flags

• Significant Non-Operating Loss: -16.4% of Revenue in latest Q2 '25 quarter
• Significant Non-Operating Loss: -208.2% of Net Income in latest Q2 '25 quarter

Green Flags

Red Flags

• Annual avg shares o/s increase: 9.7%
• Shares o/s increased by 39.0% in the last 3 yrs
• Current Ratio < 1x --> weak balance sheet
• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters

Green Flags

• Net Profit : Operating CF ratio > 0 --> positive Net Profit and positive Operating CF

Red Flags