PT Indoritel Makmur Internasional Tbk.

dnet

Overview

DNET Overview

PT Indoritel Makmur Internasional Tbk is an Indonesia-based investment holding company focused primarily on the consumer and retail industries in Indonesia. The Company's segments include Corporate, Retail and Other. The Corporate segment provides optical fiber-based telecommunication data connection services for business customers, such as last mile solution, fiberization, IP Transit, IEPL, MPLS, DWDM provided to other telecommunication operators and international customers. The Retail segment provides optical fiber-based telecommunication data service products for home fiber to the home (FTTH)/broadband FTTH customers provided to telecommunications operators and Internet service provider (ISP) companies. The Other segment is the digital service segment, which includes installation services, rental income from the provision of access points, repair, and maintenance, as well as e-commerce daily deals. The Company also operates a fiber optic network developer, namely FiberStar.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: DNET

Development
Market Cap.
IDR 64.54Trillion
#27 in Indonesia

~$4.07B USD

Industry
Holding & Investment Companies
Sub-Industry
Investment Companies
Sector
Financials

Valuation

DNET Valuation Metrics

4,550

IDR

Closing Price on 2024-04-05

Price to Equity

68.09

P/E

At 68.09x P/E TTM, DNET.JK is trading at a premium to its peers in the Holding & Investment Companies sector (avg 6.6x).

Price to Book

5.07

P/B

At 5.07x P/B TTM, DNET.JK is trading at a premium to its peers in the Holding & Investment Companies sector (avg 1.0x).

Price to Sales

45.65

P/S

At 45.65x P/S TTM, DNET.JK is trading at a premium to its peers in the Holding & Investment Companies sector (avg 3.3x).

Valuing PT Indoritel Makmur Internasional Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Holding & Investment Companies sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Indoritel Makmur Internasional Tbk. relative to other stocks in the Holding & Investment Companies sector

Price/Cash Flow
627.50x
Price/Forward Earnings
-
Enterprise Value/Revenue
46.67x
Enterprise Value/EBITDA
32.18x
PEG Ratio
-1.18x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4,5502024-04-05
IDR 601.38

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of DNET is IDR601, which is 86% lower than DNET's last closing price of IDR4,550 (as of 2024-04-05).

Valuation Recap of DNET 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 68.09x is above the ID market average of 8.22x and is trading at a premium to peers in the Holding & Investment Companies sector (6.59x). In fact, less than 25% of its peers trade at a higher P/E ratio than DNET.
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 5.07x is above the peers average of 0.97x in the Holding & Investment Companies sector. DNET trades at a higher P/B ratio than >75% of its peers in the Holding & Investment Companies 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 45.65x is above the peers average of 3.28x in the Holding & Investment Companies sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of DNET'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. DNET's P/CF ratio of 627.50x is considered a relatively high ratio 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. DNET's EV/R ratio of 46.67x is considered a relatively high ratio The average EV/R ratio for the Holding & Investment Companies sector is 1.26x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of DNET is IDR 601.38, which is 86% lower than DNET's last closing price of IDR 4,550.00.
Max 3

Peers

DNET 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 DNET stock
WeightNotesScore
High
At a market cap of IDR 64,537.20 billion, DNET.JK ranks 7 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 68.09, DNET.JK ranks 3 out of 10 companies in the Financials sector for P/E value. The average PE is 166.29 (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 Bank Jago Tbk. (1398.30) in the Financials sector.
Max 2
Medium
At a PE of 68.09, DNET.JK is trading at a higher PE than that of its subsector peers in Holding & Investment Companies (median of 6.59). false●●
Max 2
Medium
At a revenue of IDR 1.41 trillion, DNET.JK ranks 10 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 0.95 trillion, DNET.JK ranks 9 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of DNET

Growth Forecasts

No data available

Sector Benchmark

Holding & Investment Companies companies in Indonesia are shrinking at a projected rate of -52.20% against the IDX average of +12.0%.

Holding & Investment Companies sector overview
No data is available for DNET at the moment.
Future growth prospect of DNET
WeightNotesScore
High
DNET's projected growth rate of -52.20% is below the ID market average of 11.98%.●●
Max 3
High
The Holding & Investment Companies sub-sector is projected to shrink revenue by -52.20% in 2024. This number is lower than the previous year 2023's growth rate of -46.20%. false
Max 3
Medium
The Holding & Investment Companies sub-sector is projected to decrease earnings by -51.03% in 2024. This number is lower than the previous year 2023's EPS growth of -36.22%. false
Max 3
Medium
DNET and its peers in the Holding & Investment Companies 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 DNET's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Haliman Kustedjo15.2 years
Christian Rahardi
Director
Kiki Yanto Gunawan
Director
Harjono Wreksoremboko
Director
NamePositionShares%
No data is available for DNET at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

DNET Ownership

Others
15.22%
Insiders
84.78%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Hannawell Group Limited5,581,931,40039.3525,397.79B
Anthoni Salim 3,588,278,02325.316,326.67B
Pt. Megah Eraraharja2,854,633,30520.1312,988.58B
Public (Scripless)2,157,007,27215.29,814.38B
Public (Scrip)2,150,0000.029.78B
No data is available for DNET at the moment.