Berlian Laju Tanker Tbk

blta

Overview

BLTA Overview

PT Berlian Laju Tanker Tbk is an Indonesia-based shipping company specialized in carriage of liquid bulk transportation in the industry. The Company’s segments include chemical tankers, gas tankers, and others. The chemical tankers segment provides maritime transportation of liquid chemicals (organic and non-organic) and vegetable oil and animal fats. The gas tankers segment provides maritime transportation of liquefied gas, which includes, liquefied petroleum gas (LPG), propylene, propane and liquefied natural gas (LNG). The others segment includes manning, ship management, and trading. Ship chartering services is the main business of the Company. The ships operated consist of owned ships and ships owned by other companies which are operated on a time charter or commercial management basis. These ships are used to meet the customers need under various contract types, such as spot/voyage charter, contract of affreightment (COA), consecutive voyage charter (CVC) and time charter (T/C).

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BLTA

Watchlist
Market Cap.
IDR 562.86Billion

~$35.49M USD

Industry
Logistics & Deliveries
Sub-Industry
Logistics & Deliveries
Sector
Transportation & Logistic

Valuation

BLTA Valuation Metrics

24

IDR

Closing Price on 2024-04-05

Price to Equity

2.29

P/E

At 2.29x P/E TTM, BLTA.JK is trading at a discount to its peers in the Logistics & Deliveries sector.

Price to Book

0.70

P/B

At 0.70x P/B TTM, BLTA.JK is trading in line with its peers in the Logistics & Deliveries sector.

Price to Sales

0.98

P/S

At 0.98x P/S TTM, BLTA.JK is trading in line with its peers in the Logistics & Deliveries sector.

Valuing Berlian Laju Tanker Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Logistics & Deliveries sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Berlian Laju Tanker Tbk relative to other stocks in the Logistics & Deliveries sector

Price/Cash Flow
4.04x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.12x
Enterprise Value/EBITDA
2.42x
PEG Ratio
0.06x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR242024-04-05
IDR 72.69

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of BLTA is IDR73, which is 204% higher than BLTA's last closing price of IDR24 (as of 2024-04-05).

Valuation Recap of BLTA 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 2.29x is below the ID market average of 8.22x and is trading at a discount to peers in the Logistics & Deliveries sector (6.51x). ●●
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 0.70x is similar to the peers average of 0.81x in the Logistics & Deliveries 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 0.98x is similar to the peers average of 0.99x in the Logistics & Deliveries sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of BLTA'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. BLTA's P/CF ratio of 4.04x is considered healthy by analysts.●●
Max 2
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. BLTA's EV/R ratio of 1.12x is considered extremely underpriced by the market The average EV/R ratio for the Logistics & Deliveries sector is 1.31x. ●●●
Max 3
Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of BLTA is IDR 72.69, which is 204% higher than BLTA's last closing price of IDR 24.00.●●●
Max 3

Peers

BLTA 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
TMASPT Temas Tbk.9.61T4.00T 4.43T 0.98T 9.854.06
SMDRSamudera Indonesia Tbk5.21T18.77T 13.33T 1.60T 3.260.71
BIRDPT Blue Bird Tbk4.40T7.38T 4.31T 0.47T 9.470.81
ASSAAdi Sarana Armada Tbk3.05T7.25T 4.70T 0.09T 33.861.64
IMJSPT Indomobil Multi Jasa Tbk.2.34T28.06T 5.06T 0.12T 19.770.58
ELPIPT Pelayaran Nasional Ekalya Purnamasari Tbk2.11T2.32T 0.96T 0.17T 12.121.19
GIAAGaruda Indonesia (Persero) Tbk1.72T95.37T 43.17T -0.50T -3.46-0.07
HATMPT Habco Trans Maritima Tbk1.57T0.96T 0.50T 0.18T 8.651.95
NELYPelayaran Nelly Dwi Putri Tbk1.23T0.80T 0.49T 0.23T 5.391.73
Competitiveness Recap of BLTA stock
WeightNotesScore
High
At a market cap of IDR 562.86 billion, BLTA.JK ranks 10 in Market Cap out of 10 companies in the Transportation & Logistic sector.
Max 2
High
At a PE of 2.29, BLTA.JK ranks 9 out of 10 companies in the Transportation & Logistic sector for P/E value. The average PE is 10.12 (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 Transportation & Logistic. In this regard, it trails behind sector leaders such as Adi Sarana Armada Tbk (33.86) in the Transportation & Logistic sector.
Max 2
Medium
At a PE of 2.29, BLTA.JK is trading at a lower PE than that of its subsector peers in Logistics & Deliveries (median of 6.51). 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 0.58 trillion, BLTA.JK ranks 8 in Revenue out of 10 companies in the Transportation & Logistic sector.
Max 2
Medium
At a profit of IDR 0.25 trillion, BLTA.JK ranks 4 in Profit out of 10 companies in the Transportation & Logistic sector.
Max 2

Future

Future Growth of BLTA

Growth Forecasts

No data available

Sector Benchmark

Logistics & Deliveries companies in Indonesia are shrinking at a projected rate of 0.00% against the IDX average of +12.0%.

Logistics & Deliveries sector overview
No data is available for BLTA at the moment.
Future growth prospect of BLTA
WeightNotesScore
Medium
BLTA and its peers in the Logistics & Deliveries sub-sector belongs to the Transportation & Logistic sector. Companies in the Transportation & Logistic sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 50.12% in 2024 while revenue growth is projected to increase by 38.16%. These macroeconomic trends will likely be a tailwind for BLTA's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Siana Anggraeni Surya15.2 years
A. Yulian H. Ernanto
Director
Drs. Benny Rachmat
Director
NamePositionShares%
Drs Benny RachmatDirector17,500< 0.01
Siana Anggraeni SuryaPresident Director62,400< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

BLTA Ownership

Others
72.4%
Insiders
26.74%
Institutions
0.86%
NameNumber of SharesOwnership (%)Value
Public (Scripless)10,096,269,12540.1242.31B
Public (Scrip)6,865,049,03127.26164.76B
Pt Tunggaladhi Baskara 4,383,489,01817.41105.20B
Elang Megah Inti, Pt2,366,547,5059.456.80B
Pershing Llc Main Custody Account1,438,681,3275.7134.53B
Treasury Stock31,027,1110.120.74B

Largest Institutional Buy

JPMorgan Asset Management (UK) limited
Bought 31-01-2024
+2,326 shares

Largest Institutional Sell

Vanguard Group Inc
Sold 31-01-2024
-17,838,700 shares
Degroof Petercam Asset Services S.A.
Sold 31-01-2024
-10,388,000 shares
JP Morgan Asset Management (UK) Ltd
Sold 31-01-2024
-204,268 shares

Institutional Transactions

Tracking institutional transactions buying / selling of BLTA stock