PT Arita Prima Indonesia Tbk.

apii

+0.54%

Overview

APII Overview

PT Arita Prima Indonesia Tbk is an Indonesia-based company engaged in importing, distributing, and servicing valves, fittings, instrumentation, and control products. The Company operates in the pipe industry and the wholesale trading of engines, spare parts, compressors and valves. Its segments include Valve, Fitting, Instrument and Others. Its products include JF Arita, Bells, Q-Flex, Clorius, Ari Armaturen, Thermo, ANS and many more. It is a provider of supporting products for various industries, ranging from oil and gas, palm oil, shipping, oleochemicals, water treatment, petrochemicals, buildings, mining, and energy. The Company’s subsidiaries include PT Amanah Nusantara Sejahtera, PT Internasional Asia Prima Sukses, PT Makmur Abadi Valve and others.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: APII

Development
Market Cap.
IDR 199.02Billion

~$12.44M USD

Industry
Machinery
Sub-Industry
Industrial Machinery & Components
Sector
Industrials

Valuation

APII Valuation Metrics

185

IDR
+0.5%

Closing Price on 2024-04-18

Price to Equity

19.49

P/E

At 19.49x P/E TTM, APII.JK is trading at a premium to its peers in the Industrial Goods sector (avg 8.1x).

Price to Book

0.52

P/B

At 0.52x P/B TTM, APII.JK is trading at a discount to its peers in the Industrial Goods sector.

Price to Sales

0.66

P/S

At 0.66x P/S TTM, APII.JK is trading in line with its peers in the Industrial Goods sector.

Valuing PT Arita Prima Indonesia Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Arita Prima Indonesia Tbk. relative to other stocks in the Industrial Goods sector

Price/Cash Flow
5.20x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.97x
Enterprise Value/EBITDA
5.89x
PEG Ratio
-0.64x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1852024-04-18
IDR 170.10

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of APII is IDR170, which is 7% lower than APII's last closing price of IDR185 (as of 2024-04-18).

Valuation Recap of APII 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 19.49x is above the ID market average of 8.46x and is trading at a premium to peers in the Industrial Goods sector (8.11x). In fact, less than 25% of its peers trade at a higher P/E ratio than APII.

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 0.52x is similar to the peers average of 0.65x in the Industrial Goods 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 0.66x is similar to the peers average of 0.62x in the Industrial Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of APII'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. APII's P/CF ratio of 5.20x is considered healthy 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. APII's EV/R ratio of 0.97x is considered extremely underpriced by the market The average EV/R ratio for the Industrial Goods sector is 0.99x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of APII is IDR 170.10, which is 7% lower than APII's last closing price of IDR 185.00.

Peers

APII 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
ASIIAstra International Tbk206.47T445.68T 316.57T 33.84T 6.101.04
UNTRUnited Tractors Tbk92.70T154.03T 128.58T 20.61T 4.501.17
IMPCPT Impack Pratama Industri Tbk20.08T3.60T 2.86T 0.43T 46.648.83
BNBRBakrie & Brothers Tbk8.00T7.10T 3.76T 0.24T 33.703.67
HEXAHexindo Adiperkasa Tbk5.12T6.93T 10.44T 0.91T 5.612.13
ARNAArwana Citramulia Tbk4.92T2.62T 2.45T 0.45T 11.052.70
BHITPT MNC Asia Holding Tbk4.18T70.41T 15.66T 0.31T 13.620.23
MARKPT Mark Dynamics Indonesia Tbk.2.89T0.95T 0.56T 0.16T 18.513.45
MLIAMulia Industrindo Tbk2.61T7.02T 4.81T 0.56T 4.630.53
AMFGAsahimas Flat Glass Tbk2.51T7.50T 5.91T 0.58T 4.300.59
Competitiveness Recap of APII stock
WeightNotesScore
High
At a market cap of IDR 199.02 billion, APII.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 19.49, APII.JK ranks 3 out of 10 companies in the Industrials sector for P/E value. The average PE is 16.39 (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 Industrials. In this regard, it trails behind sector leaders such as PT Impack Pratama Industri Tbk (46.64) in the Industrials sector.

Medium
At a PE of 19.49, APII.JK is trading at a higher PE than that of its subsector peers in Industrial Goods (median of 8.11). false

Medium
At a revenue of IDR 0.30 trillion, APII.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.01 trillion, APII.JK ranks 10 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of APII

Growth Forecasts

No data available

Sector Benchmark

Industrial Goods companies in Indonesia are growing at a projected rate of 11.87% against the IDX average of +7.6%.

Industrial Goods sector overview
No data is available for APII at the moment.
Future growth prospect of APII
WeightNotesScore
High
APII's projected growth rate of 11.87% is above the ID market average of 7.62%.

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Management

Executive Management

President Director

Low Yew Lean15.2 years
Harianto
Director
Chan Chein Liang
Director
NamePositionShares%
HariantoDirector760,5000.07
Low Yew LeanPresident Director60,146,4805.59
Expressed in millions IDR, unless otherwise stated

Ownership

APII Ownership

Others
22.52%
Insiders
77.48%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Arita Globall,Pt622,214,76057.84115.11B
Public (Scripless)240,365,00022.3444.47B
Arita Engineering , Sdn.Bhd151,125,26014.0527.96B
Low Yew Lean60,146,4805.5911.13B
Public (Scrip)1,148,0000.110.21B
Harianto760,5000.070.14B
No data is available for APII at the moment.