Ekadharma International Tbk

ekad

-0.82%

Overview

EKAD Overview

PT Ekadharma International Tbk is an Indonesia-based company that is engaged in the manufacturing of adhesive tapes. The Company's segments include adhesive tape and others. The Company produces various products, such as cloth tape, double sided tape, kraft paper tape, masking tape, oriented polypropylene (OPP Tape), polyvinyl chloride (PVC) insulation tape, stationery tape, PVC marking tape, fiberglass tape, stretch film, water glue and glue stick, among others. Its products are marketed under various brand names, such as Daimaru, Superfix, Ekatape and Bestpack. Its Bestpack branded products include adjustable carton sealer with fold flap closer, semi-automatic adjustable carton sealers side drive, semi-automatic adjustable carton sealers top drive, semi-automatic random carton sealers and semi-automatic stretch wrappers. Its subsidiaries include PT Ekadharma Mitra Niaga, which is engaged in trading, and Visko industries Sdn. Bhd., which manufactures and markets self-adhesive tapes.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: EKAD

Main
Market Cap.
IDR 845.52Billion

~$52.84M USD

Industry
Chemicals
Sub-Industry
Specialty Chemicals
Sector
Basic Materials
Sub-Sector

Valuation

EKAD Valuation Metrics

242

IDR
-0.8%

Closing Price on 2024-04-18

Price to Equity

12.65

P/E

At 12.65x P/E TTM, EKAD.JK is trading at a premium to its peers in the Basic Materials sector (avg 8.4x).

Price to Book

0.77

P/B

At 0.77x P/B TTM, EKAD.JK is trading in line with its peers in the Basic Materials sector.

Price to Sales

1.58

P/S

At 1.58x P/S TTM, EKAD.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing Ekadharma International 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 Ekadharma International Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
11.24x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.97x
Enterprise Value/EBITDA
5.01x
PEG Ratio
1.88x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR2422024-04-18
IDR 240.51

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of EKAD is IDR241, which is 0% lower than EKAD's last closing price of IDR242 (as of 2024-04-18).

Valuation Recap of EKAD 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 12.65x is above the ID market average of 8.46x and is trading at a premium 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 0.77x 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 1.58x is above 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 EKAD'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. EKAD's P/CF ratio of 11.24x 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. EKAD's EV/R ratio of 0.97x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.14x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of EKAD is IDR 240.51, which is 0% lower than EKAD's last closing price of IDR 242.00.

Peers

EKAD 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
AVIAPT Avia Avian Tbk33.44T11.17T 7.02T 1.64T 20.363.37
Competitiveness Recap of EKAD stock
WeightNotesScore
High
At a market cap of IDR 845.52 billion, EKAD.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of 12.65, EKAD.JK ranks 4 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -35.44 (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 12.65, EKAD.JK is trading at a higher PE than that of its subsector peers in Basic Materials (median of 8.44). false

Medium
At a revenue of IDR 0.54 trillion, EKAD.JK ranks 10 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of IDR 0.07 trillion, EKAD.JK ranks 8 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of EKAD

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 EKAD at the moment.
Future growth prospect of EKAD
WeightNotesScore
High
EKAD'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 EKAD'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 EKAD's earnings growth prospects in the next 2 years.

Medium
EKAD 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 EKAD's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Judi Widjaja Leonardi15.2 years
Lie Phing
Director
NamePositionShares%
No data is available for EKAD at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

EKAD Ownership

Others
18.31%
Insiders
81.69%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Ekadharma Inti Perkasa, Pt,2,855,861,60081.74691.12B
Public (Scripless)605,874,87517.34146.62B
Public (Scrip)32,138,5250.927.78B
No data is available for EKAD at the moment.