PT Ifishdeco Tbk.

ifsh

Overview

IFSH Overview

PT Ifishdeco Tbk is a nickel mining company with its primary business as a nickel mine concession owner that conducts nickel mining exploration, development, production, and marketing of nickel ore in Indonesia. It is an integrated nickel mining and smelting company that caters to both international and domestic clients. It undertakes all activities from mining exploration, development, production, transportation, trading, and sales of nickel ore. Its subsidiary PT Bintang Smelter Indonesia (BSI) undertakes the processing, transportation, trading, and sales of Nickel Pig Iron (NPI) and Ferronickel Alloy (FeNi). Its concession land is located in Tinanggea, South Konawe Regency, Southeast Sulawesi. The total land area owned by the Company is 2,580 Hectares and IUP Operasi/Produksi or mining business permit for operation and production is for 800 Hectares. In addition, BSI has a land area of 70 hectares in the 2,580 Hectares owned by Company.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: IFSH

Watchlist
Market Cap.
IDR 1.61Trillion

~$102.19M USD

Industry
Metals & Minerals
Sub-Industry
Diversified Metals & Minerals
Sector
Basic Materials
Sub-Sector

Valuation

IFSH Valuation Metrics

835

IDR
0.0%

Closing Price on 2024-04-05

Price to Equity

7.05

P/E

At 7.05x P/E TTM, IFSH.JK is trading in line with its peers in the Basic Materials sector.

Price to Book

2.43

P/B

At 2.43x P/B TTM, IFSH.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.9x).

Price to Sales

1.28

P/S

At 1.28x P/S TTM, IFSH.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing PT Ifishdeco 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 PT Ifishdeco Tbk. relative to other stocks in the Basic Materials sector

Price/Cash Flow
23.27x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.24x
Enterprise Value/EBITDA
5.03x
PEG Ratio
0.05x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of IFSH 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 7.05x is below the ID market average of 8.22x and is trading at a discount to peers in the Basic Materials sector (8.22x). ●●
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 2.43x is above the peers average of 0.89x in the Basic Materials sector. IFSH trades at a higher P/B ratio than >75% of its peers in the Basic Materials 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 1.28x is above the peers average of 0.76x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of IFSH'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. IFSH's P/CF ratio of 23.27x 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. IFSH's EV/R ratio of 1.24x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.07x. ●●
Max 3

Peers

IFSH 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.649.04T127.21T 0.00T 0.00T 9.75
TPIAPT Chandra Asri Petrochemical Tbk614.23T77.45T 32.03T -0.92T -667.5114.37
BRPTBarito Pacific Tbk94.03T146.77T 41.15T 0.38T 244.683.78
MDKAPT Merdeka Copper Gold Tbk.63.00T72.67T 21.67T -0.52T -122.324.38
MBMAPT Merdeka Battery Materials Tbk62.64T0.00T 0.00T 0.00T
NCKLPT Trimegah Bangun Persada Tbk.56.79T45.09T 8.99T 2.04T 27.892.56
INKPIndah Kiat Pulp & Paper Tbk52.38T155.79T 56.29T 8.11T 6.460.57
ANTMAneka Tambang Tbk.41.01T35.50T 43.15T 4.04T 10.141.67
INCOVale Indonesia Tbk40.74T44.35T 18.96T 3.84T 10.601.05
BRMSBumi Resources Minerals Tbk22.69T17.27T 0.55T 0.27T 83.601.25
Competitiveness Recap of IFSH stock
WeightNotesScore
High
At a market cap of IDR 1,605.69 billion, IFSH.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.
Max 2
High
At a PE of 7.05, IFSH.JK ranks 5 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -48.30 (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 (244.68) in the Basic Materials sector.
Max 2
Medium
At a PE of 7.05, IFSH.JK is trading at a lower PE than that of its subsector peers in Basic Materials (median of 8.22). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 1.26 trillion, IFSH.JK ranks 8 in Revenue out of 10 companies in the Basic Materials sector.
Max 2
Medium
At a profit of IDR 0.23 trillion, IFSH.JK ranks 6 in Profit out of 10 companies in the Basic Materials sector.
Max 2

Future

Future Growth of IFSH

Growth Forecasts

No data available

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 1.84% against the IDX average of +12.0%.

Basic Materials sector overview
No data is available for IFSH at the moment.
Future growth prospect of IFSH
WeightNotesScore
High
IFSH's projected growth rate of 1.84% is below the ID market average of 11.98%.●●●
Max 3
High
The Basic Materials sub-sector is projected to grow revenue by 19.16% in 2024. This number is higher than the previous year 2023's growth rate of 1.18%. This bodes well for IFSH's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Basic Materials sub-sector is projected to decrease earnings by -97.81% in 2024. This number is higher than the previous year 2023's EPS growth of -104.18%. false
Max 3
Medium
IFSH 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 2024. Specifically, earnings are projected to decrease by -97.81% in 2024 while revenue growth is projected to increase by 19.16%. These macroeconomic trends will likely be a tailwind for IFSH's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Oei Harry Fong Jaya15.2 years
Leman Suti
Director
Ineke Kartika Dewi
Director
Muhammad Ishaq
Director
Agus Prasetyono
Director
NamePositionShares%
Agus PrasetyonoDirector300,000< 0.01
Ineke Kartika DewiDirector300,000< 0.01
Leman SutiDirector200,000< 0.01
Lina SutiPresident Commissioner2,000,0000.09
Muhammad IshaqDirector300,000< 0.01
Oei Harry Fong JayaPresident Director3,000,0000.14
Oei Michele Mallorie SunogoCommissioner2,010,0000.09
Ryan Fong JayaCommissioner1,500,0000.07
Stella SutrisnoCommissioner167,200< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

IFSH Ownership

Others
19.54%
Insiders
80.46%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Fajar Mining Resources867,000,00040.8723.95B
Pt Wahana Trilintas Mining833,000,00039.2695.56B
Public (Scripless)213,200,40010.05178.02B
Pt Ifishdeco Tbk202,022,4009.51168.69B
Oei Harry Fong Jaya3,000,0000.142.51B
Lina Suti2,000,0000.091.67B
Oei Michele Mallorie Sunogo2,010,0000.091.68B
Ryan Fong Jaya1,500,0000.071.25B
Stella Sutrisno167,2000.010.14B
Ineke Kartika Dewi300,0000.010.25B
Leman Suti200,0000.010.17B
Muhammad Ishaq300,0000.010.25B
Agus Prasetyono300,0000.010.25B
No data is available for IFSH at the moment.