PT Indointernet Tbk.

EDGE

Overview

EDGE Overview

PT Indointernet Tbk is an Indonesia-based company, which provides digital infrastructure services. It is engaged in the telecommunications business, information service activities and programming activities, and computer consulting. It offers solutions across connectivity, data center and cloud. It provides Internet Services, telecommunication activities by cable, hosting activities and its related activities, and computer consulting and management in other computer facilities, and satellite telecommunication activities. Its Hyper Scale conneX (HSX) is an advanced interconnection solution that enables direct access to multiple clouds and data center, across multiple networks. It provides connections to data centers in Indonesia, such as Edge DC, DCI Indonesia, NTT Nexcenter, IDC Indonesia (Duren Tiga), Cyber 1, Telkomsigma (BSD) dan Biznet (technovillage). It enables interconnection with the cloud service providers, such as Alibaba Cloud, Google Cloud Platform and Amazon Web Services.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: EDGE

Development
Market Cap.
IDR 8.02Trillion

~$501.72M USD

Industry
Online Applications & Services
Sub-Industry
IT Services & Consulting
Sector
Technology

Valuation

EDGE Valuation Metrics

3,970

IDR
0.0%

Closing Price on 2024-05-22

Price to Equity

31.69

P/E

At 31.69x P/E TTM, EDGE.JK is trading at a premium to its peers in the Software & IT Services sector (avg 3.6x).

Price to Book

5.47

P/B

At 5.47x P/B TTM, EDGE.JK is trading at a premium to its peers in the Software & IT Services sector (avg 1.6x).

Price to Sales

8.44

P/S

At 8.44x P/S TTM, EDGE.JK is trading at a premium to its peers in the Software & IT Services sector (avg 0.7x).

Valuing PT Indointernet Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Software & IT Services sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Indointernet Tbk. relative to other stocks in the Software & IT Services sector

Price/Cash Flow
45.87x
Price/Forward Earnings
-
Enterprise Value/Revenue
8.73x
Enterprise Value/EBITDA
25.47x
PEG Ratio
2.63x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3,9702024-05-22
IDR 1,262.33

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of EDGE is IDR1,262, which is 67% lower than EDGE's last closing price of IDR3,970 (as of 2024-05-22).

Valuation Recap of EDGE stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 31.69x is above the ID market average of 8.70x and is trading at a premium to peers in the Software & IT Services sector (3.60x).

High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 5.47x is above the peers average of 1.61x in the Software & IT Services sector. EDGE trades at a higher P/B ratio than >75% of its peers in the Software & IT Services sector.

Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 8.44x is above the peers average of 0.71x in the Software & IT Services sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of EDGE's valuation relative to its current sales and future earnings growth.

Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. EDGE's P/CF ratio of 45.87x is considered a relatively high ratio by analysts.

Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. EDGE's EV/R ratio of 8.73x is considered a relatively high ratio The average EV/R ratio for the Software & IT Services sector is 0.55x.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of EDGE is IDR 1,262.33, which is 67% lower than EDGE's last closing price of IDR 3,970.00.

Peers

EDGE Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
DCIIPT DCI Indonesia Tbk89.87T3.76T 1.31T 0.51T 175.1740.08
GOTOPT GoTo Gojek Tokopedia Tbk70.66T54.10T 14.79T -90.40T -0.781.86
BELIPT Global Digital Niaga Tbk55.94T12.84T 14.72T -3.64T -15.367.34
EMTKElang Mahkota Teknologi Tbk26.99T42.89T 9.24T -0.14T -191.760.78
BUKAPT Bukalapak.com Tbk13.40T26.12T 4.44T -1.37T -9.820.53
EDGEPT Indointernet Tbk.8.02T2.72T 0.95T 0.25T 31.695.47
MTDLMetrodata Electronics Tbk7.06T9.50T 20.92T 0.61T 11.562.05
MSTIPT Mastersystem Infotama Tbk.4.47T0.00T 0.00T 0.00T
CYBRPT ITSEC Asia Tbk.2.58T0.22T 0.00T 0.00T 26.63
MLPTPT Multipolar Technology Tbk.2.32T2.96T 3.27T 0.35T 6.633.66
Competitiveness Recap of EDGE stock
WeightNotesScore
High
At a market cap of IDR 8,020.39 billion, EDGE.JK ranks 6 in Market Cap out of 10 companies in the Technology sector.

High
At a PE of 31.69, EDGE.JK ranks 2 out of 10 companies in the Technology sector for P/E value. The average PE is 0.73 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Technology. In this regard, it trails behind sector leaders such as PT DCI Indonesia Tbk (175.17) in the Technology sector.

Medium
At a PE of 31.69, EDGE.JK is trading at a higher PE than that of its subsector peers in Software & IT Services (median of 3.60). false

Medium
At a revenue of IDR 0.95 trillion, EDGE.JK ranks 8 in Revenue out of 10 companies in the Technology sector.

Medium
At a profit of IDR 0.25 trillion, EDGE.JK ranks 4 in Profit out of 10 companies in the Technology sector.

Future

Future Growth of EDGE

Growth Forecasts

No data available

Sector Benchmark

Software & IT Services companies in Indonesia are growing at a projected rate of 34.37% against the IDX average of +13.8%.

Software & IT Services sector overview
No data is available for EDGE at the moment.
Future growth prospect of EDGE
WeightNotesScore
High
EDGE's projected growth rate of 34.37% is above the ID market average of 13.80%.

High
The Software & IT Services sub-sector is projected to grow revenue by 39.03% in 2025. This number is higher than the previous year 2024's growth rate of 13.26%. This bodes well for EDGE's revenue growth prospects in the next 2 years.

Medium
The Software & IT Services sub-sector is projected to decrease earnings by -289.94% in 2025. This number is lower than the previous year 2024's EPS growth of -219.47%. false

Medium
EDGE and its peers in the Software & IT Services sub-sector belongs to the Technology sector. Companies in the Technology sector are projected to have a challenging year heading into 2025. Specifically, earnings are projected to decrease by -289.94% in 2025 while revenue growth is projected to increase by 39.03%. These macroeconomic trends will likely be a headwind for EDGE's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Karla Winata15.2 years
David Tandianus
Director
Den Tossi Ishak
Director
Donauly Elena Situmorang
Director
Horatio Chan
Director
NamePositionShares%
Otto Toto SugiriVice President Commissioner334,490,50016.56
Expressed in millions IDR, unless otherwise stated

Ownership

EDGE Ownership

Others
7.9%
Insiders
92.1%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Digital Edge (Hong Kong) Ltd1,193,969,00059.14,740.06B
Otto Toto Sugiri334,490,50016.561,327.93B
Public (Scripless)211,117,50010.45838.14B
Han Arming Hanafia150,470,0007.45597.37B
Bing Moniaga130,203,0006.44516.91B
No data is available for EDGE at the moment.