PT Bank Ina Perdana Tbk.

bina

-0.23%

Overview

BINA Overview

PT Bank Ina Perdana Tbk is an Indonesian-based commercial bank. The Company offers a range of products, such as deposits, credits, and banking services. Its deposit products include savings, deposit accounts, and current accounts. Its credit products include productive credit, consumer credit, and cashless credit. Its productive credit includes small and medium enterprises, commercial corporations, and micro (loan program). Its consumer credit includes INA ready cash (IRC), property ownership financing (KPP), multi-purpose financing (KMG), vehicle ownership financing (KKB), and non-collateral financing (KTA). Its cashless credit consists of bank guarantee products, such as bid bond/tender bond, advance payment bond, performance bond, customs bond, and payment bond. Its banking services include INA mobile registration and activation, activation of Internet banking business user maker (without Tokens), online transaction services, such as INA Mobile Banking and INA Internet Banking.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BINA

Main
Market Cap.
IDR 26.32Trillion

~$1.64B USD

Industry
Banks
Sub-Industry
Banks
Sector
Financials
Sub-Sector

Valuation

BINA Valuation Metrics

4,290

IDR
-0.2%

Closing Price on 2024-04-18

Price to Equity

113.10

P/E

At 113.10x P/E TTM, BINA.JK is trading at a premium to its peers in the Banks sector (avg 13.2x).

Price to Book

7.51

P/B

At 7.51x P/B TTM, BINA.JK is trading at a premium to its peers in the Banks sector (avg 0.8x).

Price to Sales

34.32

P/S

At 34.32x P/S TTM, BINA.JK is trading at a premium to its peers in the Banks sector (avg 3.4x).

Valuing PT Bank Ina Perdana 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 Ina Perdana Tbk. relative to other stocks in the Banks sector

Price/Cash Flow
-44.13x
Price/Forward Earnings
-
PEG Ratio
3.58x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4,2902024-04-18
IDR 266.51

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of BINA is IDR267, which is 93% lower than BINA's last closing price of IDR4,290 (as of 2024-04-18).

Valuation Recap of BINA 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 113.10x is above the ID market average of 8.46x and is trading at a premium to peers in the Banks sector (13.24x). In fact, less than 25% of its peers trade at a higher P/E ratio than BINA.

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 7.51x is above the peers average of 0.84x in the Banks sector. BINA trades at a higher P/B ratio than >75% of its peers in the Banks 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 34.32x is above the peers average of 3.43x in the Banks sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of BINA'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. BINA's P/CF ratio of -44.13x is considered healthy by analysts.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of BINA is IDR 266.51, which is 93% lower than BINA's last closing price of IDR 4,290.00.

Peers

BINA 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.1,168.03T1,381.45T 98.47T 48.20T 24.234.95
BBRIPT Bank Rakyat Indonesia (Persero) Tbk825.58T1,851.96T 175.51T 56.01T 14.742.69
BMRIPT Bank Mandiri (Persero) Tbk634.67T2,007.16T 135.73T 49.58T 12.802.61
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk119.94T319.85T 19.34T 5.26T 22.823.23
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.65.53T20.71T 1.39T 0.72T 90.885.11
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk50.38T329.13T 18.53T 6.10T 8.261.07
BNLIBank Permata Tbk34.91T251.94T 11.63T 1.91T 18.270.89
Competitiveness Recap of BINA stock
WeightNotesScore
High
At a market cap of IDR 26,317.95 billion, BINA.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.

High
At a PE of 113.10, BINA.JK ranks 1 out of 10 companies in the Financials sector for P/E value. The average PE is 39.79 (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. false

Medium
At a PE of 113.10, BINA.JK is trading at a higher PE than that of its subsector peers in Banks (median of 13.24). false

Medium
At a revenue of IDR 0.77 trillion, BINA.JK ranks 10 in Revenue out of 10 companies in the Financials sector.

Medium
At a profit of IDR 0.23 trillion, BINA.JK ranks 10 in Profit out of 10 companies in the Financials sector.

Future

Future Growth of BINA

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 +7.6%.

Banks sector overview
No data is available for BINA at the moment.
Future growth prospect of BINA
WeightNotesScore
High
BINA's projected growth rate of 14.60% is above the ID market average of 7.62%.

High
The Banks sub-sector is projected to grow revenue by 33.55% in 2024. This number is higher than the previous year 2023's growth rate of 13.79%. This bodes well for BINA's revenue growth prospects in the next 2 years.

Medium
The Banks sub-sector is projected to increase earnings by 72.75% in 2024. This number is higher than the previous year 2023's EPS growth of 33.02%. This bodes well for BINA's earnings growth prospects in the next 2 years.

Medium
BINA 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 72.75% in 2024 while revenue growth is projected to increase by 34.06%. These macroeconomic trends will likely be a tailwind for BINA's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Henry Koenaifi15.2 years

Vice President Director

Yulius Purnama Junaedi15.4 years
Kiung Hui Ngo
Director
Adhiputra Tanoyo
Director
Yandy Ramadhani
Director
NamePositionShares%
No data is available for BINA at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

BINA Ownership

Others
19.71%
Insiders
57.1%
Institutions
23.19%
NameNumber of SharesOwnership (%)Value
Pt Indolife Pensiontama1,400,830,85222.836,009.56B
Public (Scripless)1,204,331,22319.635,166.58B
Pt. Samudra Biru1,114,213,06618.164,779.97B
Uob Kay Hian Pte Ltd1,034,416,55016.864,437.65B
Pt. Gaya Hidup Masa Kini726,190,05711.843,115.36B
Dbs Bank Ltd S/A Ltsl As Trustee Of Ns Financial Fund593,387,7509.672,545.63B
Public (Scrip)61,347,1671263.18B

Largest Institutional Buy

Dimensional Fund Advisors
Bought 31-01-2024
+38,500 shares
Dimensional Fund Advisors LP
Bought 31-01-2024
+805 shares

Largest Institutional Sell

SSGA Funds Management Inc
Sold 31-01-2024
-20,900 shares

Institutional Transactions

Tracking institutional transactions buying / selling of BINA stock