Fajar Surya Wisesa Tbk

fasw

Overview

FASW Overview

PT Fajar Surya Wisesa Tbk is an Indonesia-based company primarily engaged in manufacturing packaging paper. The Company engages in paper manufacturing for packaging purposes, such as containerboard (liner and corrugating medium) and boxboard. The Company's products include Fajar Board, Fajar Medium and Fajar Liner. The Fajar Board is a paperboard with a white, glossy-coated, layer finish and a grey bottom layer. The Fajar Medium is a fluting paper used in the construction of carton boxes. The Fajar Liner is a brown packaging paper used for the inner and outer layers of corrugated sheets. Its products category includes kraft liner board (KLB) and corrugated medium paper (CMP) for carton-box packaging and coated duplex board (CDB) for display packaging. The Company operates over two manufacturing facility located in Cikarang Barat and Gresik, Indonesia. The Company offers its products to domestic and international customers.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: FASW

Watchlist
Market Cap.
IDR 13.63Trillion

~$0.85B USD

Industry
Containers & Packaging
Sub-Industry
Containers & Packaging
Sector
Basic Materials
Sub-Sector

Valuation

FASW Valuation Metrics

5,500

IDR
0.0%

Closing Price on 2024-04-17

Price to Equity

-21.78

P/E

At -21.78x P/E TTM, FASW.JK is trading at a discount to its peers in the Basic Materials sector.

Price to Book

3.12

P/B

At 3.12x P/B TTM, FASW.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.9x).

Price to Sales

1.76

P/S

At 1.76x P/S TTM, FASW.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing Fajar Surya Wisesa 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 Fajar Surya Wisesa Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
47.96x
Price/Forward Earnings
-
Enterprise Value/Revenue
2.58x
Enterprise Value/EBITDA
-52.89x
PEG Ratio
0.04x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR5,5002024-04-17
IDR 97.22

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FASW is IDR97, which is 97% lower than FASW's last closing price of IDR5,500 (as of 2024-04-17).

Valuation Recap of FASW 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 -21.78x is below the ID market average of 8.46x and is trading at a discount to peers in the Basic Materials sector (8.44x). In fact, less than 25% of its peers trade at a lower P/E ratio than FASW.

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 3.12x is above the peers average of 0.88x in the Basic Materials sector. FASW trades at a higher P/B ratio than >75% of its peers 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 1.76x 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 FASW'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. FASW's P/CF ratio of 47.96x 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. FASW's EV/R ratio of 2.58x is considered fairly underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.14x.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FASW is IDR 97.22, which is 97% lower than FASW's last closing price of IDR 5,500.00.

Peers

FASW 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
FASWFajar Surya Wisesa Tbk13.63T12.55T 7.72T -0.63T -21.783.12
Competitiveness Recap of FASW stock
WeightNotesScore
High
At a market cap of IDR 13,628.40 billion, FASW.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of -21.78, FASW.JK ranks 8 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -38.88 (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 -21.78, FASW.JK is trading at a lower PE than that of its subsector peers in Basic Materials (median of 8.44). 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 7.72 trillion, FASW.JK ranks 10 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of -IDR 0.63 trillion, FASW.JK ranks 10 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of FASW

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

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

Loading...
Loading...

Management

Executive Management

President Director

Thalengsak Ratchburi15.2 years
Ekachai Anujorn
Director
Ponthep Tuntavadcharom
Director
Yustinus Yusuf Kusumah
Director
Arif Razif
Director
NamePositionShares%
No data is available for FASW at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

FASW Ownership

Others
0.29%
Insiders
99.71%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Scgp Solutions (Singapore) Pte. Ltd1,368,663,91655.237,527.65B
Intercipta Sempana, Pt1,102,069,22444.486,061.38B
Public (Scripless)5,472,9190.2230.10B
Public (Scrip)1,682,7280.079.26B
No data is available for FASW at the moment.