Citra Marga Nusaphala Persada Tbk

cmnp

Overview

CMNP Overview

PT Citra Marga Nusaphala Persada Tbk is an Indonesia-based company primarily engaged in coordinating and implementing toll road projects, including planning, construction, operation and maintenance of toll roads. The Company’s business activities comprise the operation of toll road projects, investment, and provision of other toll road support services in accordance with prevailing regulations, and development and operation of businesses in other areas related to toll road operations. The Company’s subsidiaries include PT Citra Margatama Surabaya (CMS), PT Citra Waspphutowa (CW), PT Citra Persada Infrastruktur (CPI), PT Citra Marga Nusantara Propertindo (CMNPro), PT Citra Marga Lintas Jabar (CMLJ), PT Elevasi Teknologi Indonesia (ETI), PT Citra Karya Jabar Tol (CKJT) and PT Girder Indonesia (GI).

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: CMNP

Main
Market Cap.
IDR 8.59Trillion

~$546.71M USD

Industry
Transport Infrastructure Operator
Sub-Industry
Highways & Railtracks
Sector
Infrastructures

Valuation

CMNP Valuation Metrics

1,580

IDR

Closing Price on 2024-04-05

Price to Equity

7.74

P/E

At 7.74x P/E TTM, CMNP.JK is trading in line with its peers in the Transportation Infrastructure sector.

Price to Book

0.76

P/B

At 0.76x P/B TTM, CMNP.JK is trading at a discount to its peers in the Transportation Infrastructure sector.

Price to Sales

1.93

P/S

At 1.93x P/S TTM, CMNP.JK is trading in line with its peers in the Transportation Infrastructure sector.

Valuing Citra Marga Nusaphala Persada Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Transportation Infrastructure sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Citra Marga Nusaphala Persada Tbk relative to other stocks in the Transportation Infrastructure sector

Price/Cash Flow
4.67x
Price/Forward Earnings
-
Enterprise Value/Revenue
2.87x
Enterprise Value/EBITDA
7.61x
PEG Ratio
0.12x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1,5802024-04-05
IDR 1,712.57

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of CMNP is IDR1,713, which is 9% higher than CMNP's last closing price of IDR1,580 (as of 2024-04-05).

Valuation Recap of CMNP 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 7.74x is below the ID market average of 8.22x but is trading in a P/E range similar to its peers in the Transportation Infrastructure sector (7.74x).
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 0.76x is below the peers average of 1.18x in the Transportation Infrastructure 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 1.93x is similar to the peers average of 1.70x in the Transportation Infrastructure sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of CMNP'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. CMNP's P/CF ratio of 4.67x 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. CMNP's EV/R ratio of 2.87x is considered fairly underpriced by the market The average EV/R ratio for the Transportation Infrastructure sector is 1.73x.
Max 3
Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of CMNP is IDR 1,712.57, which is 9% higher than CMNP's last closing price of IDR 1,580.00.
Max 3

Peers

CMNP 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
BRENPT Barito Renewables Energy Tbk.926.47T0.00T 0.00T 0.00T
TLKMPT Telkom Indonesia (Persero) Tbk339.78T276.21T 149.67T 23.67T 14.352.60
ISATPT Indosat Tbk90.71T112.21T 49.68T 3.82T 23.733.12
MTELPT Dayamitra Telekomunikasi Tbk52.05T56.35T 8.40T 1.99T 26.171.56
PGEOPT Pertamina Geothermal Energy Tbk49.37T43.54T 6.20T 2.25T 21.911.72
SUPRSolusi Tunas Pratama Tbk45.39T9.47T 1.88T 0.97T 47.028.49
TOWRSarana Menara Nusantara Tbk42.58T68.22T 11.65T 3.31T 12.872.67
TBIGPT Tower Bersama Infrastructure Tbk42.33T43.76T 6.56T 1.53T 27.613.98
JSMRPT Jasa Marga Tbk39.92T124.90T 18.94T 7.71T 5.171.47
CMNPCitra Marga Nusaphala Persada Tbk8.59T21.94T 4.45T 1.11T 7.740.76
Competitiveness Recap of CMNP stock
WeightNotesScore
High
At a market cap of IDR 8,590.21 billion, CMNP.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.
Max 2
High
At a PE of 7.74, CMNP.JK ranks 8 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 18.66 (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 Infrastructures. In this regard, it trails behind sector leaders such as Solusi Tunas Pratama Tbk (47.02) in the Infrastructures sector.
Max 2
Medium
At a PE of 7.74, CMNP.JK is trading at a higher PE than that of its subsector peers in Transportation Infrastructure (median of 7.74). false
Max 2
Medium
At a revenue of IDR 4.45 trillion, CMNP.JK ranks 8 in Revenue out of 10 companies in the Infrastructures sector.
Max 2
Medium
At a profit of IDR 1.11 trillion, CMNP.JK ranks 8 in Profit out of 10 companies in the Infrastructures sector.
Max 2

Future

Future Growth of CMNP

Growth Forecasts

No data available

Sector Benchmark

Transportation Infrastructure companies in Indonesia are growing at a projected rate of 6.13% against the IDX average of +12.0%.

Transportation Infrastructure sector overview
No data is available for CMNP at the moment.
Future growth prospect of CMNP
WeightNotesScore
High
CMNP's projected growth rate of 6.13% is below the ID market average of 11.98%.●●●
Max 3
High
The Transportation Infrastructure sub-sector is projected to grow revenue by 6.13% in 2024. This number is higher than the previous year 2023's growth rate of -7.19%. false
Max 3
Medium
The Transportation Infrastructure sub-sector is projected to increase earnings by 9.25% in 2024. This number is higher than the previous year 2023's EPS growth of -19.68%. This bodes well for CMNP's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
CMNP and its peers in the Transportation Infrastructure sub-sector belongs to the Infrastructures sector. Companies in the Infrastructures sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 25.05% in 2024 while revenue growth is projected to increase by 11.23%. These macroeconomic trends will likely be a tailwind for CMNP's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Fitria Yusuf15.2 years
Hasyim
Director
Djoko Sapto M Mulyo
Director
NamePositionShares%
No data is available for CMNP at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

CMNP Ownership

Others
30.97%
Insiders
68.29%
Institutions
0.74%
NameNumber of SharesOwnership (%)Value
Bp2S Sg/Bnp Paribas Wealth Management Singapore Branch3,204,436,27458.955,063.01B
Public (Scripless)2,228,673,88940.993,521.30B
Public (Scrip)3,192,8450.065.04B

Largest Institutional Buy

Dimensional Fund Advisors LP
Bought 31-01-2024
+2,454 shares

Largest Institutional Sell

AMP Capital Investors Limited
Sold 31-01-2024
-667,638 shares

Institutional Transactions

Tracking institutional transactions buying / selling of CMNP stock