Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 6.6x --> heavy shareholder buying
• There were 3 names of substantial holders buying
• Top 3 buyers were: ['Treasury Shares', 'Auric Digital Retail PT. Ltd', 'PT. Multipolar Tbk']
• Total bought value in the last 6 months: IDR 48.8 billion
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -1.36%
• In the last 6 months: out of 3,071 million shares bought: 59 million shares came from Foreign holders
• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 1,010.0 B is sufficient to cover current Interest Exp -66.1 B
• Total EBITDA 3,661.0 B is sufficient to cover Total Interest Exp -532.8 B in the last 7 quarters
• 6 months Net Profit growing 129.0% compared to last year

Red Flags

• Multiple quarters of (-) Net Income

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 2 occurence of Receivables growing 5.3x of Sales growth

Green Flags

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

Red Flags