PT Archi Indonesia Tbk

arci

-2.30%

Overview

ARCI Overview

PT Archi Indonesia Tbk is an Indonesia-based pure-play gold producer in Indonesia and Southeast Asia. The Company operates through three segments. The Company’s Gold Mining business segment is carried out by its two wholly owned subsidiaries, PT Meares Soputan Mining and PT Tambang Tondano Nusajaya, which both companies are the holders of Contract of Works with mining area concession of 39,817 hectares in the province of North Sulawesi. Trading and Gold Processing segment is conducted by its subsidiary, PT Elang Mulia Abadi Sempurna, which is focused on the downstream sector through the processing and sales of gold minted bars to retail consumers. Other business segment oversees mining support services, such as management consulting services, investment, mining contractor services, and others. Its subsidiary, PT Karya Kreasi Mulia (KKM), provides mining support and management services, including taxation, legal, human resources and others, to all businesses within the Company.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ARCI

Main
Market Cap.
IDR 8.44Trillion

~$527.70M USD

Industry
Metals & Minerals
Sub-Industry
Gold
Sector
Basic Materials
Sub-Sector

Valuation

ARCI Valuation Metrics

340

IDR
-2.3%

Closing Price on 2024-04-18

Price to Equity

37.41

P/E

At 37.41x P/E TTM, ARCI.JK is trading at a premium to its peers in the Basic Materials sector (avg 8.4x).

Price to Book

2.08

P/B

At 2.08x P/B TTM, ARCI.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.9x).

Price to Sales

2.18

P/S

At 2.18x P/S TTM, ARCI.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing PT Archi Indonesia Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Basic Materials sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Archi Indonesia Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
25.69x
Price/Forward Earnings
-
Enterprise Value/Revenue
3.77x
Enterprise Value/EBITDA
16.24x
PEG Ratio
0.15x

Analyst Ratings

40
60
80
0
100

100.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR3402024-04-18
IDR 285.41

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of ARCI is IDR285, which is 15% lower than ARCI's last closing price of IDR340 (as of 2024-04-18).

Valuation Recap of ARCI 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 37.41x is above the ID market average of 8.46x and is trading at a premium to peers in the Basic Materials sector (8.44x). In fact, less than 25% of its peers trade at a higher P/E ratio than ARCI.

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 2.08x is above the peers average of 0.88x in the Basic Materials sector. ARCI trades at a higher P/B ratio than >75% of its peers in the Basic Materials 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 2.18x is above the peers average of 0.83x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ARCI'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. ARCI's P/CF ratio of 25.69x 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. ARCI's EV/R ratio of 3.77x is considered a relatively high ratio The average EV/R ratio for the Basic Materials sector is 1.14x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of ARCI is IDR 285.41, which is 15% lower than ARCI's last closing price of IDR 340.00.

Peers

ARCI 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
AMMNPT Amman Mineral Internasional Tbk.649.04T140.91T 31.50T 3.91T 166.189.21
TPIAPT Chandra Asri Petrochemical Tbk599.09T86.97T 33.46T -0.52T -1151.8914.12
BRPTBarito Pacific Tbk89.82T157.22T 42.76T 0.40T 222.033.43
MDKAPT Merdeka Copper Gold Tbk.67.36T76.90T 26.44T -0.32T -210.524.69
MBMAPT Merdeka Battery Materials Tbk61.02T50.55T 20.58T 0.11T 568.512.57
NCKLPT Trimegah Bangun Persada Tbk.56.47T45.29T 23.86T 5.62T 10.052.40
INKPIndah Kiat Pulp & Paper Tbk52.79T156.84T 53.89T 6.37T 8.280.57
INCOVale Indonesia Tbk42.83T45.32T 19.09T 4.25T 10.081.08
ANTMAneka Tambang Tbk.41.45T35.50T 43.15T 4.04T 10.251.68
BRMSBumi Resources Minerals Tbk22.54T17.27T 0.55T 0.27T 83.081.24
Competitiveness Recap of ARCI stock
WeightNotesScore
High
At a market cap of IDR 8,443.90 billion, ARCI.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of 37.41, ARCI.JK ranks 4 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -32.96 (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 Basic Materials. In this regard, it trails behind sector leaders such as PT Merdeka Battery Materials Tbk (568.51) in the Basic Materials sector.

Medium
At a PE of 37.41, ARCI.JK is trading at a higher PE than that of its subsector peers in Basic Materials (median of 8.44). false

Medium
At a revenue of IDR 3.87 trillion, ARCI.JK ranks 10 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of IDR 0.23 trillion, ARCI.JK ranks 7 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of ARCI

Growth Forecasts

No data available

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 5.04% against the IDX average of +7.6%.

Basic Materials sector overview
No data is available for ARCI at the moment.
Future growth prospect of ARCI
WeightNotesScore
High
ARCI's projected growth rate of 5.04% is below the ID market average of 7.62%.

High
The Basic Materials sub-sector is projected to grow revenue by 93.43% in 2024. This number is higher than the previous year 2023's growth rate of -8.67%. This bodes well for ARCI's revenue growth prospects in the next 2 years.

Medium
The Basic Materials sub-sector is projected to increase earnings by 8.54% in 2024. This number is higher than the previous year 2023's EPS growth of 0.72%. This bodes well for ARCI's earnings growth prospects in the next 2 years.

Medium
ARCI and its peers in the Basic Materials sub-sector belongs to the Basic Materials sector. Companies in the Basic Materials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 8.54% in 2024 while revenue growth is projected to increase by 93.43%. These macroeconomic trends will likely be a tailwind for ARCI's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Rudy Suhendra15.2 years
Christian Emanuel David Sompie
Director
Hidayat Dwiputro Sulaksono
Director
Scott Gerald Atkinson
Director
NamePositionShares%
Hidayat Dwiputro SulaksonoDirector771,900< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

ARCI Ownership

Others
8.82%
Insiders
91.18%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Rajawali Corpora21,109,650,000857,177.28B
Public (Scripless)2,190,965,6008.82744.93B
Pt Basis Utama Prima1,533,512,5006.17521.39B

Largest Institutional Buy

No data is available for ARCI at the moment.

Largest Institutional Sell

NN Investment Partners (Japan) Co Ltd
Sold 31-01-2024
-10 shares

Institutional Transactions

Tracking institutional transactions buying / selling of ARCI stock