Ekadharma International Tbk

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

Development
Market Cap.
IDR 775.64Billion

~$47.63M USD

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

Valuation

EKAD Valuation Metrics

222

IDR
0.0%

Closing Price on 2024-07-19

Price to Equity

11.61

P/E

At 11.61x P/E TTM, EKAD.JK is trading at a premium to its peers in the Basic Materials sector (avg 7.9x).

Price to Book

0.71

P/B

At 0.71x P/B TTM, EKAD.JK is trading in line with its peers in the Basic Materials sector.

Price to Sales

1.45

P/S

At 1.45x 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 Flow10.31x
Price/Forward Earnings-
Enterprise Value/Revenue0.84x
Enterprise Value/EBITDA4.34x
PEG Ratio1.72x

Intrinsic Value

Last closing: IDR2222024-07-19
IDR 249.35

Slightly Higher Intrinsic Value: Analyst's intrinsic value is of EKAD is IDR249, which is 13% higher than EKAD's last closing price of IDR222 (as of 2024-07-19).

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 11.61x is above the ID market average of 8.44x and is trading at a premium to peers in the Basic Materials sector (7.87x).

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 0.71x is similar to the peers average of 0.75x 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 1.45x is above the peers average of 0.78x 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 10.31x 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 0.84x is considered extremely underpriced by the market. The average EV/R ratio for the Basic Materials sector is 1.12x.

Medium
Slightly Higher Intrinsic Value: Analyst's intrinsic value is of EKAD is IDR 249.35, which is 13% higher than EKAD's last closing price of IDR 222.00.

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
TPIAPT Chandra Asri Pacific Tbk819.70T85.40T 32.94T -1.18T -697.2019.04
AMMNPT Amman Mineral Internasional Tbk.815.83T156.74T 23.23T 4.99T 163.6110.99
BRPTBarito Pacific Tbk101.21T159.72T 42.22T 0.17T 584.883.73
MBMAPT Merdeka Battery Materials Tbk66.96T52.49T 16.68T 0.14T 489.882.74
NCKLPT Trimegah Bangun Persada Tbk.58.68T48.39T 19.65T 3.88T 15.142.36
MDKAPT Merdeka Copper Gold Tbk.57.11T78.26T 31.60T -0.59T -97.013.74
INKPIndah Kiat Pulp & Paper Tbk46.50T164.67T 49.97T 6.33T 7.340.48
INCOVale Indonesia Tbk40.37T45.32T 19.09T 4.25T 9.501.02
ANTMAneka Tambang Tbk.33.04T41.21T 38.08T 1.65T 19.991.07
AVIAPT Avia Avian Tbk30.59T11.47T 7.14T 1.67T 18.303.01
Competitiveness Recap of EKAD stock
WeightNotesScore
High
At a market cap of IDR 775.64 billion, EKAD.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of 11.61, EKAD.JK ranks 6 out of 10 companies in the Basic Materials sector for P/E value. The average PE is 50.77 (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 Barito Pacific Tbk (584.88) in the Basic Materials sector.

Medium
At a PE of 11.61, EKAD.JK is trading at a higher PE than that of its subsector peers in Basic Materials (median of 7.87). 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

Analyst Ratings

No analyst ratings available yet.

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 16.97% against the IDX average of +13.8%.

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 16.97% is above the ID market average of 13.82%.

High
The Basic Materials sub-sector is projected to grow revenue by 18.57% in 2025. This number is higher than the previous year 2024's growth rate of 14.72%. This bodes well for EKAD's revenue growth prospects in the next 2 years.

Medium
The Basic Materials sub-sector is projected to decrease earnings by -161.49% in 2025. This number is lower than the previous year 2024's EPS growth of -94.01%. false

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 challenging year heading into 2025. Specifically, earnings are projected to decrease by -161.49% in 2025 while revenue growth is projected to increase by 18.57%. These macroeconomic trends will likely be a headwind for EKAD's earnings growth prospects in the next 2 years.

Technical

Daily Technical Ratings of EKAD

Oscillators

Neutral

Sell

1

Neutral

8

Buy

2

Summary

Buy

Sell

6

Neutral

9

Buy

11

Moving Averages

Buy

Sell

5

Neutral

1

Buy

9

Summary

Technical Ratings of EKAD
IndicatorSummarySellNeutralBuy
SummaryBuy6911
OscillatorsNeutral182
Moving AveragesBuy519

Last Update: 2024-07-19

Loading...
Loading...

Management

Executive Management

President Director

Judi Widjaja Leonardi15.2 years
Lie PhingDirector
NamePositionShares%Stock Value
(in Billion IDR)
No data is available for EKAD at the moment.

Ownership

EKAD Ownership

NameNumber of SharesOwnership (%)Value
Ekadharma Inti Perkasa, Pt,2,862,417,90081.93635.46B
Public (Scripless)599,318,57517.15133.05B
Public (Scrip)32,138,5250.927.13B

EKAD Filings

No noteworthy filings to report on

    Sectors, Indonesia's Financial Data Layer

    We hate spam as much as you do. We do not resell your data.

    Email us at sectors@supertype.ai for enquiries on using Sectors for your organization.

    © 2024 Supertype Pte. Ltd.
    (and subsidiary PT. Supertype Teknologi Nusantara)