Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 160.3x --> heavy shareholder buying
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -25.97%
• In the last 6 months: out of 232,597 million shares bought: 53 million shares came from Foreign holders
• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 52.1x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['PT. Saibatama Internasional Mandiri', 'Kingswood Union Corporation']
• Total sold value in the last 6 months: IDR -93.2 billion
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 136.2 B is sufficient to cover current Interest Exp -15.0 B
• Total EBITDA 386.0 B is sufficient to cover Total Interest Exp -113.6 B in the last 7 quarters
• 6 months Net Profit growing 1,493.0% compared to last year

Red Flags

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• Current Ratio < 1x --> weak balance sheet
• Negative Equity (current)
• In the last 4 quarters: 2 occurence of Receivables growing 5.4x of Sales growth

Green Flags

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

Red Flags