ALAM SUTERA REALTY Tbk

asri

-5.52%

Overview

ASRI Overview

PT Alam Sutera Realty Tbk is an Indonesia-based property developer. The Company’s business activities include the construction and management of residential, commercial and industrial areas, as well as integrated management of shopping centers, recreation areas and hotels. The Company has approximately 37 housing clusters with around 150-300 housing units in each cluster, three apartments, namely Paddington Heights, Silkwood, EleVee Penthouses & Residenses and one low-rise apartment, namely Lloyd. The Company’s area also offers schools, entertainment centers, health facilities and shopping centers. It has also launched Suvarna Sutera township, located in Tangerang, which has a development license of approximately 2600 hectors (ha). Suvarna Sutera has developed five super clusters, namely the Suvarna Padi, Suvarna Jati, Suvarna Padma, Suvarna Sari, and Suvarna Respati. In addition, the Company has also built the Garuda Wisnu Kencana (GWK) statue.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ASRI

Main
Market Cap.
IDR 2.69Trillion

~$168.23M USD

Industry
Real Estate Management & Development
Sub-Industry
Real Estate Development & Management
Sector
Properties & Real Estate

Valuation

ASRI Valuation Metrics

137

IDR
-5.5%

Closing Price on 2024-04-18

Price to Equity

4.26

P/E

At 4.26x P/E TTM, ASRI.JK is trading at a discount to its peers in the Properties & Real Estate sector.

Price to Book

0.24

P/B

At 0.24x P/B TTM, ASRI.JK is trading at a discount to its peers in the Properties & Real Estate sector.

Price to Sales

0.68

P/S

At 0.68x P/S TTM, ASRI.JK is trading at a discount to its peers in the Properties & Real Estate sector.

Valuing ALAM SUTERA REALTY Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Properties & Real Estate sector

Historical Price to Earnings

Other Valuation Metrics

Valuing ALAM SUTERA REALTY Tbk relative to other stocks in the Properties & Real Estate sector

Price/Cash Flow
2.63x
Price/Forward Earnings
8.40x
Enterprise Value/Revenue
2.06x
Enterprise Value/EBITDA
4.95x
PEG Ratio
0.03x

Analyst Ratings

40
60
80
0
100

50.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR1372024-04-18
IDR 529.94

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of ASRI is IDR530, which is 288% higher than ASRI's last closing price of IDR137 (as of 2024-04-18).

Valuation Recap of ASRI 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 4.26x is below the ID market average of 8.46x and is trading at a discount to peers in the Properties & Real Estate sector (7.66x).

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 0.24x is similar to the peers average of 0.49x in the Properties & Real Estate sector. In fact, less than 25% of its peers trade at a lower P/B ratio than ASRI.

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 0.68x is below the peers average of 2.82x in the Properties & Real Estate sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ASRI's valuation relative to its current sales and future earnings growth. ASRI trades at a Forward P/E ratio of 8.40x, which is considered fairly undervalued by analysts.

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. ASRI's P/CF ratio of 2.63x 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. ASRI's EV/R ratio of 2.06x is considered fairly underpriced by the market The average EV/R ratio for the Properties & Real Estate sector is 3.28x.

Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of ASRI is IDR 529.94, which is 288% higher than ASRI's last closing price of IDR 137.00.

Peers

ASRI Peers and Comparison

Market Cap.

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
MKPIMetropolitan Kentjana Tbk26.50T8.42T 2.29T 0.86T 30.733.99
CTRACiputra Development Tbk21.04T44.12T 9.25T 1.85T 11.401.05
PWONPakuwon Jati Tbk19.26T32.71T 6.20T 2.11T 9.151.01
BSDEPT Bumi Serpong Damai Tbk18.51T66.83T 11.54T 1.95T 9.510.51
MPROPT Maha Properti Indonesia Tbk.16.01T1.71T 0.01T -0.04T -410.9217.67
INPPIndonesian Paradise Property Tbk11.18T9.35T 1.10T 0.11T 106.492.10
RISEPT Jaya Sukses Makmur Sentosa Tbk.10.78T3.21T 0.28T 0.01T 828.435.22
PLINPlaza Indonesia Realty Tbk9.62T12.24T 1.30T 0.61T 15.680.88
DUTIDuta Pertiwi Tbk8.47T15.13T 3.86T 1.07T 7.950.83
ASRIALAM SUTERA REALTY Tbk2.69T22.24T 3.96T 0.63T 4.260.24
Competitiveness Recap of ASRI stock
WeightNotesScore
High
At a market cap of IDR 2,691.97 billion, ASRI.JK ranks 10 in Market Cap out of 10 companies in the Properties & Real Estate sector.

High
At a PE of 4.26, ASRI.JK ranks 9 out of 10 companies in the Properties & Real Estate sector for P/E value. The average PE is 61.27 (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 Properties & Real Estate. In this regard, it trails behind sector leaders such as PT Jaya Sukses Makmur Sentosa Tbk. (828.43) in the Properties & Real Estate sector.

Medium
At a PE of 4.26, ASRI.JK is trading at a lower PE than that of its subsector peers in Properties & Real Estate (median of 7.66). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.

Medium
At a revenue of IDR 3.96 trillion, ASRI.JK ranks 4 in Revenue out of 10 companies in the Properties & Real Estate sector.

Medium
At a profit of IDR 0.63 trillion, ASRI.JK ranks 6 in Profit out of 10 companies in the Properties & Real Estate sector.

Future

Future Growth of ASRI

Growth Forecasts

ASRI 2024 Revenue Growth
-11.3%
ASRI 2024 EPS Growth
-16.2%
Sector Revenue Growth
+3.7%
Properties & Real Estate
Indonesia Market Growth
+7.6%
IDX overall growth
Properties & Real Estate Sector Revenue Growth '24
+1.6%
Properties & Real Estate Sector Revenue Growth '24
+1.6%

Sector Benchmark

Properties & Real Estate companies in Indonesia are growing at a projected rate of 3.66% against the IDX average of +7.6%.

Properties & Real Estate sector overview

ASRI Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of ASRI
WeightNotesScore
High
ASRI's projected growth rate of 3.66% is below the ID market average of 7.62%.

High
The Properties & Real Estate sub-sector is projected to grow revenue by 1.58% in 2024. This number is lower than the previous year 2023's growth rate of 48.15%. false

Medium
The Properties & Real Estate sub-sector is projected to increase earnings by 16.26% in 2024. This number is higher than the previous year 2023's EPS growth of 0.00%. This bodes well for ASRI's earnings growth prospects in the next 2 years.

Medium
ASRI and its peers in the Properties & Real Estate sub-sector belongs to the Properties & Real Estate sector. Companies in the Properties & Real Estate sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 16.26% in 2024 while revenue growth is projected to increase by 1.58%. These macroeconomic trends will likely be a tailwind for ASRI's earnings growth prospects in the next 2 years.

Loading...
Loading...

Management

Executive Management

President Director

Joseph Sanusi Tjong15.2 years
Lilia Setiprawarti Sukotjo
Director
Rm Frangky A.D.
Director
Andrew Charles Walker
Director
NamePositionShares%
Joseph Sanusi TjongPresident Director1,220,000< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

ASRI Ownership

Others
43.58%
Insiders
53.04%
Institutions
3.38%
NameNumber of SharesOwnership (%)Value
Public9,228,204,72446.961,264.26B
Pt Manunggal Prime Development5,237,147,86426.65717.49B
Pt Tangerang Fajar Industrial Estate5,054,350,00025.72692.45B
Pt Argo Manunggal Land Development129,709,3000.6617.77B
Joseph Sanusi Tjong1,220,0000.010.17B

Largest Institutional Buy

Vanguard Investments Australia Ltd
Bought 31-01-2024
+2,717 shares
Russell Investments Ireland Limited
Bought 31-01-2024
+13 shares

Largest Institutional Sell

Acadian Asset Management LLC
Sold 31-01-2024
-2,870,557 shares
SEI Investments Management Corp
Sold 31-01-2024
-2,571,500 shares
Vanguard Group Inc
Sold 31-01-2024
-1,997,600 shares

Institutional Transactions

Tracking institutional transactions buying / selling of ASRI stock