Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 133.3x --> heavy shareholder buying
• There were 4 names of substantial holders buying
• Top 3 buyers were: ['Lay Vina', 'Farrel Nobel', 'Fabian Mardi']
• Total bought value in the last 6 months: IDR 22.7 billion
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -1.2%
• In the last 6 months: out of 1,200 million shares bought: 0 million shares came from Foreign holders
• Foreign holders had been net buying 2 months out of the last 6 months time period

Red Flags

• Foreign holders had been net selling 4 months out of the last 6 months time period

Green Flags

• Current EBITDA 26.6 B is sufficient to cover current Interest Exp 0.0 B
• Total EBITDA 111.1 B is sufficient to cover Total Interest Exp -0.7 B in the last 7 quarters
• 6 months Net Profit growing 22.0% compared to last year

Red Flags

Green Flags

• Current Ratio: 1.7x with an avg of 1.8x over 7 quarters

Red Flags

• In the last 4 quarters: 2 occurence of Receivables growing 4.8x of Sales growth

Green Flags

Red Flags

• Negative Operating CF with positive Net Profit --> bad earnings quality