PT Bank Neo Commerce Tbk.

bbyb

Overview

BBYB Overview

PT Bank Neo Commerce Tbk is an Indonesia-based commercial bank. The Company’s business activities include Collect funds from the public in the form of deposits such as current accounts, time deposits, certificates of deposit, savings, and/or other equivalent forms; loans; receiving payment of securities billing and conducting calculation with or among third parties; providing place to deposit valuable goods and securities; providing deposit activity for other parties’ interest based on a contract; conducting fund placement from the customers to other customers as securities not listed at the stock exchange; commencing activity in foreign exchange in compliance with regulations stipulated by bank Indonesia; conducting factoring activity, credit card business and trustee activity; conducting temporary capital placement to mitigate non-performing loan, with a requirement to withdraw the investment and complying with regulations stipulated by bank Indonesia.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BBYB

Main
Market Cap.
IDR 3.23Trillion

~$203.45M USD

Industry
Banks
Sub-Industry
Banks
Sector
Financials
Sub-Sector

Valuation

BBYB Valuation Metrics

268

IDR

Closing Price on 2024-04-05

Price to Equity

-4.28

P/E

At -4.28x P/E TTM, BBYB.JK is trading at a discount to its peers in the Banks sector.

Price to Book

1.00

P/B

At 1.00x P/B TTM, BBYB.JK is trading in line with its peers in the Banks sector.

Price to Sales

1.16

P/S

At 1.16x P/S TTM, BBYB.JK is trading at a discount to its peers in the Banks sector.

Valuing PT Bank Neo Commerce Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Banks sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Bank Neo Commerce Tbk. relative to other stocks in the Banks sector

Price/Cash Flow
1.11x
Price/Forward Earnings
-
PEG Ratio
0.00x

Analyst Ratings

40
60
80
0
100

92.5

Undervalued

Fairly Valued

Overvalued

Valuation Recap of BBYB 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 -4.28x is below the ID market average of 8.22x and is trading at a discount to peers in the Banks sector (13.79x). In fact, less than 25% of its peers trade at a lower P/E ratio than BBYB.●●●
Max 3
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 1.00x is similar to the peers average of 0.88x in the Banks sector.
Max 3
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 1.16x is below the peers average of 3.61x in the Banks sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of BBYB's valuation relative to its current sales and future earnings growth.
Max 2
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. BBYB's P/CF ratio of 1.11x is considered healthy by analysts.●●
Max 2

Peers

BBYB 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
BBCAPT Bank Central Asia Tbk.1,211.18T1,381.45T 98.47T 48.20T 25.135.14
BBRIPT Bank Rakyat Indonesia (Persero) Tbk851.97T1,851.96T 175.51T 56.01T 15.212.78
BMRIPT Bank Mandiri (Persero) Tbk637.00T2,007.16T 135.73T 49.58T 12.852.62
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk124.55T319.85T 19.34T 5.26T 23.703.35
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.64.54T20.17T 1.41T 0.95T 68.095.07
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk52.37T329.13T 18.53T 6.10T 8.581.11
ARTOPT Bank Jago Tbk.35.84T19.13T 1.74T 0.03T 1398.304.30
Competitiveness Recap of BBYB stock
WeightNotesScore
High
At a market cap of IDR 3,226.40 billion, BBYB.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of -4.28, BBYB.JK ranks 10 out of 10 companies in the Financials sector for P/E value. The average PE is 26.03 (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 Financials. In this regard, it trails behind sector leaders such as PT Sinar Mas Multiartha Tbk (84.38) in the Financials sector.
Max 2
Medium
At a PE of -4.28, BBYB.JK is trading at a lower PE than that of its subsector peers in Banks (median of 13.79). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 2.78 trillion, BBYB.JK ranks 9 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of -IDR 0.75 trillion, BBYB.JK ranks 10 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of BBYB

Growth Forecasts

No data available

Sector Benchmark

Banks companies in Indonesia are growing at a projected rate of 14.60% against the IDX average of +12.0%.

Banks sector overview
No data is available for BBYB at the moment.
Future growth prospect of BBYB
WeightNotesScore
High
BBYB's projected growth rate of 14.60% is above the ID market average of 11.98%.●●●
Max 3
High
The Banks sub-sector is projected to grow revenue by 33.80% in 2024. This number is higher than the previous year 2023's growth rate of 13.91%. This bodes well for BBYB's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Banks sub-sector is projected to increase earnings by 80.01% in 2024. This number is higher than the previous year 2023's EPS growth of 35.28%. This bodes well for BBYB's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
BBYB and its peers in the Banks sub-sector belongs to the Financials sector. Companies in the Financials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 75.53% in 2024 while revenue growth is projected to increase by 32.25%. These macroeconomic trends will likely be a tailwind for BBYB's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

Chen Jun
Director
Aditya Wahyu Windarwo
Director
Ricko Irwanto
Director
NamePositionShares%
No data is available for BBYB at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

BBYB Ownership

Others
50.39%
Insiders
46.41%
Institutions
3.2%
NameNumber of SharesOwnership (%)Value
Public (Scripless)6,912,524,14157.421,852.56B
Pt Akulaku Silvrr Indonesia 3,289,097,50727.32881.48B
Pt Gozco Capital 1,017,975,7058.46272.82B
Rockcore Financial Technology Co. Ltd736,968,3766.12197.51B
Public (Scrip)82,249,9500.6822.04B

Largest Institutional Buy

Vanguard Group Inc
Bought 31-01-2024
+12,554,300 shares
Vanguard Equity Investment Group
Bought 31-01-2024
+7,408,700 shares
Dimensional Fund Advisors LP
Bought 31-01-2024
+952,330 shares

Largest Institutional Sell

BlackRock Fund Advisors
Sold 31-01-2024
-64,736,026 shares
BlackRock Advisors (UK) Limited
Sold 31-01-2024
-13,828,277 shares
Northern Trust Investments Inc
Sold 31-01-2024
-12,922,185 shares

Institutional Transactions

Tracking institutional transactions buying / selling of BBYB stock