Citra Tubindo Tbk

ctbn

-9.94%

Overview

CTBN Overview

PT Citra Tubindo Tbk is an Indonesia-based company, which is engaged in the manufacturing of oil country tubular goods and supporting services for oil and gas industry as well as mining industry. The Company operates through three segments: Pipe Processing, Transportation Services and Others, and Technical Support. Pipe Processing segment offers pipe threading and services, heat treatment facility, and testing and inspection facility. Transportation Services and Others segment offers port management and logistics services. Technical Support segment is engaged in providing suggestions to consumers on the type of thread and material that is suitable for use according to certain oil/gas well conditions and working with thread license owners to supervise when inserting pipes into the well so that the pipe can work optimally according to the plan. It also exports its products to Europe, United States, Australia, the Middle East, Brazil, and other countries in Africa and Asia.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: CTBN

Watchlist
Market Cap.
IDR 1.23Trillion

~$77.03M USD

Industry
Metals & Minerals
Sub-Industry
Iron & Steel
Sector
Basic Materials
Sub-Sector

Valuation

CTBN Valuation Metrics

1,540

IDR
-9.9%

Closing Price on 2024-04-18

Price to Equity

4.27

P/E

At 4.27x P/E TTM, CTBN.JK is trading at a discount to its peers in the Basic Materials sector.

Price to Book

0.78

P/B

At 0.78x P/B TTM, CTBN.JK is trading in line with its peers in the Basic Materials sector.

Price to Sales

0.38

P/S

At 0.38x P/S TTM, CTBN.JK is trading at a discount to its peers in the Basic Materials sector.

Valuing Citra Tubindo Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Basic Materials sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Citra Tubindo Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
302.92x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.35x
Enterprise Value/EBITDA
3.27x
PEG Ratio
0.01x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of CTBN 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 4.27x is below the ID market average of 8.46x and is trading at a discount to peers in the Basic Materials sector (8.44x).

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 0.78x is similar to the peers average of 0.88x in the Basic Materials 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 0.38x is similar to the peers average of 0.83x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of CTBN'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. CTBN's P/CF ratio of 302.92x is considered a relatively high ratio 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. CTBN's EV/R ratio of 0.35x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.14x.

Peers

CTBN 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
AMMNPT Amman Mineral Internasional Tbk.649.04T140.91T 31.50T 3.91T 166.189.21
TPIAPT Chandra Asri Petrochemical Tbk599.09T86.97T 33.46T -0.52T -1151.8914.12
BRPTBarito Pacific Tbk89.82T157.22T 42.76T 0.40T 222.033.43
MDKAPT Merdeka Copper Gold Tbk.67.36T76.90T 26.44T -0.32T -210.524.69
MBMAPT Merdeka Battery Materials Tbk61.02T50.55T 20.58T 0.11T 568.512.57
NCKLPT Trimegah Bangun Persada Tbk.56.47T45.29T 23.86T 5.62T 10.052.40
INKPIndah Kiat Pulp & Paper Tbk52.79T156.84T 53.89T 6.37T 8.280.57
INCOVale Indonesia Tbk42.83T45.32T 19.09T 4.25T 10.081.08
ANTMAneka Tambang Tbk.41.45T35.50T 43.15T 4.04T 10.251.68
BRMSBumi Resources Minerals Tbk22.54T17.27T 0.55T 0.27T 83.081.24
Competitiveness Recap of CTBN stock
WeightNotesScore
High
At a market cap of IDR 1,232.57 billion, CTBN.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of 4.27, CTBN.JK ranks 8 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -36.28 (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 Basic Materials. In this regard, it trails behind sector leaders such as PT Merdeka Battery Materials Tbk (568.51) in the Basic Materials sector.

Medium
At a PE of 4.27, CTBN.JK is trading at a lower PE than that of its subsector peers in Basic Materials (median of 8.44). 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 3.23 trillion, CTBN.JK ranks 10 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of IDR 0.29 trillion, CTBN.JK ranks 7 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of CTBN

Growth Forecasts

No data available

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 5.04% against the IDX average of +7.6%.

Basic Materials sector overview
No data is available for CTBN at the moment.
Future growth prospect of CTBN
WeightNotesScore
High
CTBN's projected growth rate of 5.04% is below the ID market average of 7.62%.

High
The Basic Materials sub-sector is projected to grow revenue by 93.43% in 2024. This number is higher than the previous year 2023's growth rate of -8.67%. This bodes well for CTBN's revenue growth prospects in the next 2 years.

Medium
The Basic Materials sub-sector is projected to increase earnings by 8.54% in 2024. This number is higher than the previous year 2023's EPS growth of 0.72%. This bodes well for CTBN's earnings growth prospects in the next 2 years.

Medium
CTBN and its peers in the Basic Materials sub-sector belongs to the Basic Materials sector. Companies in the Basic Materials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 8.54% in 2024 while revenue growth is projected to increase by 93.43%. These macroeconomic trends will likely be a tailwind for CTBN's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Fajar Wahyudi15.2 years
Saiful Mizra Bin Kassim
Director
Xavier Bertin
Director
Ludi Darmawan
Director
NamePositionShares%
Ludi DarmawanDirector13,900< 0.01
Saiful Mizra Bin KassimDirector500< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

CTBN Ownership

Others
11.31%
Insiders
88.69%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Kestrel Wave Investment Ltd386,029,42048.23594.49B
Vallourec Tubes268,000,00033.48412.72B
Public90,510,80011.31139.39B
Nippon Steel Corporation55,816,8806.9785.96B
No data is available for CTBN at the moment.