Sumi Indo Kabel Tbk

ikbi

Overview

IKBI Overview

PT Sumi Indo Kabel Tbk is an Indonesia-based company engaged in the manufacturing of conductor, power cables, control cables and telecommunication cables. The Company’s product categories include bare conductor, fire resistance, instrument, low voltage, medium voltage, special product, and grounding. Its bare conductor category includes overhead and bare copper conductors. Its fire resistance category consists of FRC armour and FRC non-armour. Its other products include low-voltage power cables, middle-voltage power cables, control and instrument cables, telecommunication cables, automobile wires, grounding cable, solar cable, fire-resistant cable, flame retardant cable, and fiber optic cables. The Company’s factory is located in Desa Pasir Jaya, Tangerang.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: IKBI

Development
Market Cap.
IDR 612.00Billion

~$38.95M USD

Industry
Electrical
Sub-Industry
Electrical Components & Equipment
Sector
Industrials

Valuation

IKBI Valuation Metrics

500

IDR

Closing Price on 2024-04-05

Price to Equity

5.11

P/E

At 5.11x P/E TTM, IKBI.JK is trading at a discount to its peers in the Industrial Goods sector.

Price to Book

0.25

P/B

At 0.25x P/B TTM, IKBI.JK is trading at a discount to its peers in the Industrial Goods sector.

Price to Sales

0.08

P/S

At 0.08x P/S TTM, IKBI.JK is trading at a discount to its peers in the Industrial Goods sector.

Valuing Sumi Indo Kabel Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Sumi Indo Kabel Tbk relative to other stocks in the Industrial Goods sector

Price/Cash Flow
2.37x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.17x
Enterprise Value/EBITDA
3.95x
PEG Ratio
0.02x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR5002024-04-05
IDR 399.69

Slightly Lower Intrinsic Value: Analyst's intrinsic value is of IKBI is IDR400, which is 19% lower than IKBI's last closing price of IDR500 (as of 2024-04-05).

Valuation Recap of IKBI 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 5.18x is below the ID market average of 8.22x and is trading at a discount to peers in the Industrial Goods sector (8.04x). ●●
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 0.54x is similar to the peers average of 0.67x in the Industrial Goods 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 0.17x is similar to the peers average of 0.64x in the Industrial Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of IKBI'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. IKBI's P/CF ratio of 2.37x is considered healthy 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. IKBI's EV/R ratio of 0.17x is considered extremely underpriced by the market The average EV/R ratio for the Industrial Goods sector is 1.04x. ●●●
Max 3
Medium
Slightly Lower Intrinsic Value: Analyst's intrinsic value is of IKBI is IDR 399.69, which is 19% lower than IKBI's last closing price of IDR 500.00.
Max 3

Peers

IKBI 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
ASIIAstra International Tbk213.55T442.98T 320.94T 31.31T 6.821.12
UNTRUnited Tractors Tbk91.70T153.14T 129.67T 20.49T 4.481.23
IMPCPT Impack Pratama Industri Tbk20.40T3.44T 2.87T 0.44T 46.179.35
BNBRBakrie & Brothers Tbk8.00T20.10T 4.37T 0.27T 29.913.86
ARNAArwana Citramulia Tbk5.39T2.58T 2.43T 0.47T 11.463.07
HEXAHexindo Adiperkasa Tbk5.25T6.93T 10.44T 0.91T 5.752.18
BHITPT MNC Asia Holding Tbk4.18T70.97T 18.39T 0.64T 6.520.24
MARKPT Mark Dynamics Indonesia Tbk.3.39T0.92T 0.49T 0.12T 27.324.21
SKRNPT Superkrane Mitra Utama Tbk2.75T3.13T 0.94T 0.17T 15.702.94
MLIAMulia Industrindo Tbk2.66T6.80T 4.79T 0.58T 4.610.56
Competitiveness Recap of IKBI stock
WeightNotesScore
High
At a market cap of IDR 612.00 billion, IKBI.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of 5.18, IKBI.JK ranks 9 out of 10 companies in the Industrials sector for P/E value. The average PE is 15.93 (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 Industrials. In this regard, it trails behind sector leaders such as PT Impack Pratama Industri Tbk (46.17) in the Industrials sector.
Max 2
Medium
At a PE of 5.18, IKBI.JK is trading at a lower PE than that of its subsector peers in Industrial Goods (median of 8.04). 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 3.65 trillion, IKBI.JK ranks 6 in Revenue out of 10 companies in the Industrials sector.
Max 2
Medium
At a profit of IDR 0.12 trillion, IKBI.JK ranks 10 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of IKBI

Growth Forecasts

No data available

Sector Benchmark

Industrial Goods companies in Indonesia are shrinking at a projected rate of -3.82% against the IDX average of +12.0%.

Industrial Goods sector overview
No data is available for IKBI at the moment.
Future growth prospect of IKBI
WeightNotesScore
High
IKBI's projected growth rate of -3.82% is below the ID market average of 11.98%.●●●
Max 3
High
The Industrial Goods sub-sector is projected to shrink revenue by -4.05% in 2024. This number is lower than the previous year 2023's growth rate of 1.64%. false
Max 3
Medium
The Industrial Goods sub-sector is projected to decrease earnings by -15.66% in 2024. This number is lower than the previous year 2023's EPS growth of -3.86%. false
Max 3
Medium
IKBI and its peers in the Industrial Goods sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to increase by 2.83% in 2024 while revenue growth is projected to increase by 2.96%. These macroeconomic trends will likely be a headwind for IKBI's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Satoshi Nishikawa15.2 years

Vice President Director

Sulim Herman Limbono15.4 years
Hiroshi Shikata
Director
Osamu Okamoto
Director
Suprapto
Director
NamePositionShares%
Satoshi NishikawaPresident Director40,000< 0.01
Sulim Herman LimbonoVice President Director6,079,4400.5
Expressed in millions IDR, unless otherwise stated

Ownership

IKBI Ownership

Others
6.41%
Insiders
93.59%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Sumitomo Electric Industries, Ltd.1,119,486,00091.46559.74B
Public (Scripless)93,228,5607.6246.61B
Sulim Herman Limbono6,079,4400.53.04B
Pt Taiyo Sinar Raya Teknik 2,550,0000.211.28B
Public (Scrip)2,616,0000.211.31B
No data is available for IKBI at the moment.