Fortune Mate Indonesia Tbk

fmii

+3.95%

Overview

FMII Overview

PT Fortune Mate Indonesia Tbk is an Indonesia-based company, which is engaged in real estate development. The Company’s principal activities comprise real estate, construction services, trading, and professional activity. The Company’s office and industrial project include FBI Park. Its residential project includes Palm Ville and Lahan siap pakai. Its land project includes West Surabaya. The Company’s subsidiaries include PT Masterin Property and PT Indosuryo Wahyupahala.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: FMII

Development
Market Cap.
IDR 1.18Trillion

~$73.59M USD

Industry
Real Estate Management & Development
Sub-Industry
Real Estate Development & Management
Sector
Properties & Real Estate

Valuation

FMII Valuation Metrics

184

IDR
+4.0%

Closing Price on 2024-04-17

Price to Equity

67.83

P/E

At 67.83x P/E TTM, FMII.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 7.6x).

Price to Book

1.76

P/B

At 1.76x P/B TTM, FMII.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 0.5x).

Price to Sales

27.66

P/S

At 27.66x P/S TTM, FMII.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 2.9x).

Valuing Fortune Mate Indonesia Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Properties & Real Estate sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Fortune Mate Indonesia Tbk relative to other stocks in the Properties & Real Estate sector

Price/Cash Flow
55.47x
Price/Forward Earnings
-
Enterprise Value/Revenue
29.27x
Enterprise Value/EBITDA
65.17x
PEG Ratio
-1.12x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1842024-04-17
IDR 48.44

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FMII is IDR48, which is 73% lower than FMII's last closing price of IDR184 (as of 2024-04-17).

Valuation Recap of FMII 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 67.83x is above the ID market average of 8.53x and is trading at a premium to peers in the Properties & Real Estate sector (7.62x). In fact, less than 25% of its peers trade at a higher P/E ratio than FMII.
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 1.76x is above the peers average of 0.51x in the Properties & Real Estate sector. FMII trades at a higher P/B ratio than >75% of its peers in the Properties & Real Estate 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 27.66x is above the peers average of 2.86x in the Properties & Real Estate sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of FMII'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. FMII's P/CF ratio of 55.47x 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. FMII's EV/R ratio of 29.27x is considered a relatively high ratio The average EV/R ratio for the Properties & Real Estate sector is 3.41x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of FMII is IDR 48.44, which is 73% lower than FMII's last closing price of IDR 184.00.
Max 3

Peers

FMII Peers and Comparison

Market Cap.

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
MKPIMetropolitan Kentjana Tbk26.55T8.42T 2.29T 0.86T 30.783.99
CTRACiputra Development Tbk21.04T44.12T 9.25T 1.85T 11.401.05
PWONPakuwon Jati Tbk19.55T32.71T 6.20T 2.11T 9.291.02
BSDEPT Bumi Serpong Damai Tbk19.03T66.83T 11.54T 1.95T 9.780.52
MPROPT Maha Properti Indonesia Tbk.16.26T1.71T 0.01T -0.04T -417.3017.95
INPPIndonesian Paradise Property Tbk11.18T9.35T 1.10T 0.11T 106.492.10
RISEPT Jaya Sukses Makmur Sentosa Tbk.10.78T3.21T 0.28T 0.01T 828.435.22
PLINPlaza Indonesia Realty Tbk9.62T12.24T 1.30T 0.61T 15.680.88
DUTIDuta Pertiwi Tbk8.47T15.13T 3.86T 1.07T 7.950.83
FMIIFortune Mate Indonesia Tbk1.18T0.78T 0.04T 0.02T 67.831.76
Competitiveness Recap of FMII stock
WeightNotesScore
High
At a market cap of IDR 1,177.60 billion, FMII.JK ranks 10 in Market Cap out of 10 companies in the Properties & Real Estate sector.
Max 2
High
At a PE of 67.83, FMII.JK ranks 3 out of 10 companies in the Properties & Real Estate sector for P/E value. The average PE is 67.03 (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 Properties & Real Estate. In this regard, it trails behind sector leaders such as PT Jaya Sukses Makmur Sentosa Tbk. (828.43) in the Properties & Real Estate sector.
Max 2
Medium
At a PE of 67.83, FMII.JK is trading at a higher PE than that of its subsector peers in Properties & Real Estate (median of 7.62). false●●
Max 2
Medium
At a revenue of IDR 0.04 trillion, FMII.JK ranks 9 in Revenue out of 10 companies in the Properties & Real Estate sector.
Max 2
Medium
At a profit of IDR 0.02 trillion, FMII.JK ranks 8 in Profit out of 10 companies in the Properties & Real Estate sector.
Max 2

Future

Future Growth of FMII

Growth Forecasts

No data available

Sector Benchmark

Properties & Real Estate companies in Indonesia are growing at a projected rate of 3.66% against the IDX average of +7.6%.

Properties & Real Estate sector overview
No data is available for FMII at the moment.
Future growth prospect of FMII
WeightNotesScore
High
FMII's projected growth rate of 3.66% is below the ID market average of 7.62%.●●●
Max 3
High
The Properties & Real Estate sub-sector is projected to grow revenue by 1.51% in 2024. This number is lower than the previous year 2023's growth rate of 48.15%. false
Max 3
Medium
The Properties & Real Estate sub-sector is projected to increase earnings by 16.14% in 2024. This number is higher than the previous year 2023's EPS growth of 0.00%. This bodes well for FMII's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
FMII and its peers in the Properties & Real Estate sub-sector belongs to the Properties & Real Estate sector. Companies in the Properties & Real Estate sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 16.14% in 2024 while revenue growth is projected to increase by 1.51%. These macroeconomic trends will likely be a tailwind for FMII's earnings growth prospects in the next 2 years. ●●
Max 3
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Management

Executive Management

President Director

Tjandra Mindharta Gozali15.2 years
Olivia Gunawan
Director
Yongki Tedja
Director
Kwong Heranita Cintya
Director
NamePositionShares%
Teddy GunawanPresident Commissioner1,318,342,18720.6
Tjandra Mindharta GozaliPresident Director1,318,342,18720.6
Expressed in millions IDR, unless otherwise stated

Ownership

FMII Ownership

Others
12.13%
Insiders
87.87%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Surya Mega Investindo 2,987,129,14546.67549.63B
Teddy Gunawan1,318,342,18720.6242.57B
Tjandra Mindharta Gozali1,318,342,18720.6242.57B
Public (Scrip)776,186,48112.13142.82B
No data is available for FMII at the moment.