Erajaya Swasembada Tbk

eraa

+0.97%

Overview

ERAA Overview

PT Erajaya Swasembada Tbk is an Indonesia-based importer, retailer and distributor of telecommunication equipment. The Company's business verticals include Erajaya Digital, Erajaya Active Lifestyle, Erajaya Beauty and Wellness, and Erajaya Food and Nourishment. Its Erajaya Digital is focused on consumer electronics, handsets, laptops, computers, operator business and vouchers, as well as other relevant products with various store concepts, from multi-brand concepts like Erafone store to monobrand concepts, such as iBox, Samsung, Mi-store and other brands. Its Erajaya Active Lifestyle is engaged in the sales of lifestyle-related products, such as accessories, Internet of things, sport fashion apparel, as well as other outdoor activity-related products. Its Erajaya Beauty and Wellness is engaged in the sales of beauty, health care and pharmaceutical products. In addition, the Company also has a distribution business for medical devices in collaboration with various brands.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ERAA

Main
Market Cap.
IDR 6.57Trillion

~$410.34M USD

Industry
Specialty Retail
Sub-Industry
Electronics Retail
Sector
Consumer Cyclicals
Sub-Sector

Valuation

ERAA Valuation Metrics

416

IDR
+1.0%

Closing Price on 2024-04-18

Price to Equity

7.95

P/E

At 7.95x P/E TTM, ERAA.JK is trading at a discount to its peers in the Retailing sector.

Price to Book

0.90

P/B

At 0.90x P/B TTM, ERAA.JK is trading in line with its peers in the Retailing sector.

Price to Sales

0.11

P/S

At 0.11x P/S TTM, ERAA.JK is trading at a discount to its peers in the Retailing sector.

Valuing Erajaya Swasembada Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Retailing sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Erajaya Swasembada Tbk relative to other stocks in the Retailing sector

Price/Cash Flow
7.44x
Price/Forward Earnings
5.61x
Enterprise Value/Revenue
0.19x
Enterprise Value/EBITDA
4.17x
PEG Ratio
-0.10x

Analyst Ratings

40
60
80
0
100

87.5

Undervalued

Fairly Valued

Overvalued

Last closing: IDR4162024-04-18
IDR 603.41

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of ERAA is IDR603, which is 46% higher than ERAA's last closing price of IDR416 (as of 2024-04-18).

Valuation Recap of ERAA 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 7.95x is below the ID market average of 8.46x and is trading at a discount to peers in the Retailing sector (11.03x).

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 0.90x is similar to the peers average of 0.83x in the Retailing 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 0.11x is similar to the peers average of 0.40x in the Retailing sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ERAA's valuation relative to its current sales and future earnings growth. ERAA trades at a Forward P/E ratio of 5.61x, which is considered fairly undervalued by analysts.

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. ERAA's P/CF ratio of 7.44x is considered healthy 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. ERAA's EV/R ratio of 0.19x is considered extremely underpriced by the market The average EV/R ratio for the Retailing sector is 0.94x.

Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of ERAA is IDR 603.41, which is 46% higher than ERAA's last closing price of IDR 416.00.

Peers

ERAA 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
MASAMultistrada Arah Sarana Tbk50.28T8.11T 7.57T 1.17T 43.088.52
FILMPT MD Pictures Tbk.49.22T1.71T 0.37T 0.10T 509.3330.21
MSINPT MNC Digital Entertainment Tbk35.19T6.74T 2.95T 0.26T 133.316.13
MAPIMitra Adiperkasa Tbk29.36T27.52T 33.32T 1.89T 15.502.94
MAPAPT MAP Aktif Adiperkasa Tbk.26.79T10.80T 13.56T 1.39T 19.304.70
CNMAPT Nusantara Sejahtera Raya Tbk18.50T7.37T 5.23T 0.69T 26.903.91
ACESAce Hardware Indonesia Tbk16.09T7.75T 7.61T 0.76T 21.082.62
TRIOTrikomsel Oke Tbk11.08T0.10T 0.75T -0.11T -98.34-2.97
SMSMSelamat Sempurna Tbk10.80T4.57T 5.10T 0.94T 11.443.36
ERAAErajaya Swasembada Tbk6.57T20.45T 60.14T 0.83T 7.950.90
Competitiveness Recap of ERAA stock
WeightNotesScore
High
At a market cap of IDR 6,565.94 billion, ERAA.JK ranks 10 in Market Cap out of 10 companies in the Consumer Cyclicals sector.

High
At a PE of 7.95, ERAA.JK ranks 9 out of 10 companies in the Consumer Cyclicals sector for P/E value. The average PE is 68.95 (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 Consumer Cyclicals. In this regard, it trails behind sector leaders such as PT MD Pictures Tbk. (509.33) in the Consumer Cyclicals sector.

Medium
At a PE of 7.95, ERAA.JK is trading at a lower PE than that of its subsector peers in Retailing (median of 11.03). 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 60.14 trillion, ERAA.JK ranks 1 in Revenue out of 10 companies in the Consumer Cyclicals sector.

Medium
At a profit of IDR 0.83 trillion, ERAA.JK ranks 5 in Profit out of 10 companies in the Consumer Cyclicals sector.

Future

Future Growth of ERAA

Growth Forecasts

ERAA 2024 Revenue Growth
+5.6%
ERAA 2024 EPS Growth
0.0%
Sector Revenue Growth
+8.5%
Retailing
Indonesia Market Growth
+7.6%
IDX overall growth
Retailing Sector Revenue Growth '24
+9.4%
Consumer Cyclicals Sector Revenue Growth '24
+99.5%

Sector Benchmark

Retailing companies in Indonesia are growing at a projected rate of 8.49% against the IDX average of +7.6%.

Retailing sector overview

ERAA Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of ERAA
WeightNotesScore
High
ERAA's projected growth rate of 8.49% is above the ID market average of 7.62%.

Medium
ERAA and its peers in the Retailing sub-sector belongs to the Consumer Cyclicals sector. Companies in the Consumer Cyclicals sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to decrease by 0.00% in 2024 while revenue growth is projected to increase by 99.52%. These macroeconomic trends will likely be a headwind for ERAA's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Budiarto Halim15.2 years

Vice President Director

Hasan Aula15.4 years
Sintawati Halim
Director
Sim Chee Ping
Director
Djohan Sutanto
Director
Jong Woon Kim
Director
Elly
Director
Mitchella Ardy Hady Wijaya
Director
Keith Ardy Hady Wijaya
Director
NamePositionShares%
Andreas Harun DjumadiCommissioner6,250,0000.04
Ardy Hady WijayaPresident Commissioner6,269,8000.04
Budiarto HalimPresident Director6,250,0000.04
Djohan SutantoDirector800,000< 0.01
EllyDirector1,471,600< 0.01
Hasan AulaVice President Director6,250,0000.04
Keith Ardy Hady WijayaDirector125,000< 0.01
Richard Halim KusumaCommissioner6,250,0000.04
Sim Chee PingDirector6,250,0000.04
Sintawati HalimDirector7,500,0000.05
Expressed in millions IDR, unless otherwise stated

Ownership

ERAA Ownership

Others
38.22%
Insiders
54.85%
Institutions
6.93%
NameNumber of SharesOwnership (%)Value
Pt Eralink International8,694,980,20054.513,617.11B
Public (Scripless)7,041,213,30044.122,929.14B
Treasury Stock166,515,1001.0569.27B
Sintawati Halim7,500,0000.053.12B
Andreas Harun Djumadi6,250,0000.042.60B
Ardy Hady Wijaya6,269,8000.042.61B
Budiarto Halim6,250,0000.042.60B
Hasan Aula6,250,0000.042.60B
Richard Halim Kusuma6,250,0000.042.60B
Sim Chee Ping6,250,0000.042.60B
Djohan Sutanto800,0000.010.33B
Keith Ardy Hady Wijaya125,0000.010.05B
Elly1,471,6000.010.61B

Largest Institutional Buy

Pheim Asset Managment (Asia) pte
Bought 31-01-2024
+19,179,900 shares
Public Mutual Berhad
Bought 31-01-2024
+13,096,063 shares
NN Investment Partners (Japan) Co Ltd
Bought 31-01-2024
+3,486,000 shares

Largest Institutional Sell

No data is available for ERAA at the moment.

Institutional Transactions

Tracking institutional transactions buying / selling of ERAA stock