PT FAP Agri Tbk

fapa

Overview

FAPA Overview

PT FAP Agri Tbk is an Indonesia-based holding company that is engaged in the oil palm plantation and palm oil industry through its subsidiaries. The Company’s business activities include trading of agricultural products of oil containing fruit crops, such as coconuts and palm oil, including large trade in fruit seeds containing oil, as well as oil and vegetable fats, including margarine. The Company owns and operates nine palm oil plantations integrated with five Palm Oil Mills and one Kernel Crushing Plant. Its total oil palm plantation area covers approximately 110,000 hectares, including North Kalimantan, East Kalimantan, and Riau. The Company operates over five palm oil mills, and one kernel crushing plant. The Company’s subsidiaries include PT Borneo Bhakti Sejahtera, PT Marsam Citra Adiperkasa, PT Setia Agro Utama, PT Ketapang Hijau Lestari, PT Karangjuang Hijau Lestari, PT Bhumi Simanggaris Indah, PT Tirta Madu Sawit Jaya, PT Bulungan Hijau Perkasa and PT Riau Agung Karya Abadi.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: FAPA

Development
Market Cap.
IDR 19.24Trillion

~$1.22B USD

Industry
Agricultural Products
Sub-Industry
Plantations & Crops
Sector
Consumer Non-Cyclicals
Sub-Sector

Valuation

FAPA Valuation Metrics

5,300

IDR

Closing Price on 2024-04-05

Price to Equity

69.77

P/E

At 69.77x P/E TTM, FAPA.JK is trading at a premium to its peers in the Food & Beverage sector (avg 12.2x).

Price to Book

5.03

P/B

At 5.03x P/B TTM, FAPA.JK is trading at a premium to its peers in the Food & Beverage sector (avg 1.2x).

Price to Sales

3.94

P/S

At 3.94x P/S TTM, FAPA.JK is trading at a premium to its peers in the Food & Beverage sector (avg 0.9x).

Valuing PT FAP Agri Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Food & Beverage sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT FAP Agri Tbk relative to other stocks in the Food & Beverage sector

Price/Cash Flow
13.49x
Price/Forward Earnings
-
Enterprise Value/Revenue
4.55x
Enterprise Value/EBITDA
35.69x
PEG Ratio
-0.88x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR5,3002024-04-05
IDR 553.60

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FAPA is IDR554, which is 89% lower than FAPA's last closing price of IDR5,300 (as of 2024-04-05).

Valuation Recap of FAPA 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 69.77x is above the ID market average of 8.22x and is trading at a premium to peers in the Food & Beverage sector (12.16x). In fact, less than 25% of its peers trade at a higher P/E ratio than FAPA.
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 5.03x is above the peers average of 1.24x in the Food & Beverage sector. FAPA trades at a higher P/B ratio than >75% of its peers in the Food & Beverage 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 3.94x is above the peers average of 0.90x in the Food & Beverage sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of FAPA'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. FAPA's P/CF ratio of 13.49x 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. FAPA's EV/R ratio of 4.55x is considered a relatively high ratio The average EV/R ratio for the Food & Beverage sector is 1.41x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FAPA is IDR 553.60, which is 89% lower than FAPA's last closing price of IDR 5,300.00.
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Peers

FAPA 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
ICBPIndofood CBP Sukses Makmur Tbk126.53T118.89T 67.20T 8.34T 15.173.09
AMRTPT Sumber Alfaria Trijaya Tbk.119.59T33.01T 104.81T 3.29T 36.309.87
UNVRUnilever Indonesia Tbk102.24T18.92T 40.19T 4.94T 20.6919.00
HMSPHM Sampoerna Tbk99.45T55.76T 142.08T 9.79T 10.163.55
PANIPT Pantai Indah Kapuk Dua Tbk.86.73T16.92T 2.13T 0.38T 225.7838.08
CPINCharoen Pokphand Indonesia Tbk86.50T41.94T 60.56T 2.42T 35.772.98
INDFIndofood Sukses Makmur Tbk57.07T188.81T 113.90T 8.80T 6.490.98
MYORMayora Indah Tbk54.11T23.42T 31.33T 2.88T 18.763.90
CMRYPT Cisarua Mountain Dairy Tbk40.07T6.59T 7.36T 1.15T 34.897.07
ULTJPT Ultrajaya Milk Industry & Trading Company Tbk19.24T7.71T 8.10T 1.07T 18.063.02
Competitiveness Recap of FAPA stock
WeightNotesScore
High
At a market cap of IDR 19,235.87 billion, FAPA.JK ranks 10 in Market Cap out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
High
At a PE of 69.77, FAPA.JK ranks 2 out of 10 companies in the Consumer Non-Cyclicals sector for P/E value. The average PE is 47.38 (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 Non-Cyclicals. In this regard, it trails behind sector leaders such as PT Pantai Indah Kapuk Dua Tbk. (225.78) in the Consumer Non-Cyclicals sector.●●
Max 2
Medium
At a PE of 69.77, FAPA.JK is trading at a higher PE than that of its subsector peers in Food & Beverage (median of 12.16). false●●
Max 2
Medium
At a revenue of IDR 4.88 trillion, FAPA.JK ranks 9 in Revenue out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.28 trillion, FAPA.JK ranks 10 in Profit out of 10 companies in the Consumer Non-Cyclicals sector.
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Future

Future Growth of FAPA

Growth Forecasts

No data available

Sector Benchmark

Food & Beverage companies in Indonesia are growing at a projected rate of 12.66% against the IDX average of +12.0%.

Food & Beverage sector overview
No data is available for FAPA at the moment.
Future growth prospect of FAPA
WeightNotesScore
High
FAPA's projected growth rate of 12.66% is above the ID market average of 11.98%.●●●
Max 3
High
The Food & Beverage sub-sector is projected to grow revenue by 13.20% in 2024. This number is higher than the previous year 2023's growth rate of 4.97%. This bodes well for FAPA's revenue growth prospects in the next 2 years. ●●
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Medium
The Food & Beverage sub-sector is projected to increase earnings by 58.68% in 2024. This number is higher than the previous year 2023's EPS growth of 40.16%. This bodes well for FAPA's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
FAPA and its peers in the Food & Beverage sub-sector belongs to the Consumer Non-Cyclicals sector. Companies in the Consumer Non-Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 53.54% in 2024 while revenue growth is projected to increase by 13.24%. These macroeconomic trends will likely be a tailwind for FAPA's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Ricky Tjandra15.2 years
Ali Imran
Director
NamePositionShares%
No data is available for FAPA at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

FAPA Ownership

Others
18.45%
Insiders
81.55%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Prinsep Management Limited2,762,000,00076.114,638.60B
Public639,411,80017.623,388.88B
Pt Fangionoperkasa Sejati228,000,0006.281,208.40B
No data is available for FAPA at the moment.