Jaya Konstruksi Manggala Pratama Tbk

jkon

-2.13%

Overview

JKON Overview

PT Jaya Konstruksi Manggala Pratama Tbk is an Indonesia-based integrated infrastructure company. The Company is engaged in the infrastructure development and building construction, asphalt and liquefied petroleum gas (LPG) trading, precast concrete manufacturing and specialized mechanical and electrical engineering and maintenance services. The Company offers products across various categories, including forklifts, precast concrete products; cooling, heating and ventilating products; data center infrastructure products, and information and communication technology (ICT) and Intellectual property (IP) electronics products. It offers diversified solutions in the transportation, power, energy, water and commercial infrastructure sectors. The Company also offers security, communication and monitoring products, and water and wastewater treatment products. Its subsidiaries include PT Jaya Trade Indonesia, PT Jaya Teknik Indonesia, PT Jaya Beton Indonesia and PT Jaya Daido Concrete.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: JKON

Main
Market Cap.
IDR 1.50Trillion

~$93.77M USD

Industry
Heavy Constructions & Civil Engineering
Sub-Industry
Heavy Constructions & Civil Engineering
Sector
Infrastructures

Valuation

JKON Valuation Metrics

92

IDR
-2.1%

Closing Price on 2024-04-18

Price to Equity

6.32

P/E

At 6.32x P/E TTM, JKON.JK is trading in line with its peers in the Heavy Constructions & Civil Engineering sector.

Price to Book

0.50

P/B

At 0.50x P/B TTM, JKON.JK is trading in line with its peers in the Heavy Constructions & Civil Engineering sector.

Price to Sales

0.33

P/S

At 0.33x P/S TTM, JKON.JK is trading at a discount to its peers in the Heavy Constructions & Civil Engineering sector.

Valuing Jaya Konstruksi Manggala Pratama Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Heavy Constructions & Civil Engineering sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Jaya Konstruksi Manggala Pratama Tbk relative to other stocks in the Heavy Constructions & Civil Engineering sector

Price/Cash Flow
7.00x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.27x
Enterprise Value/EBITDA
3.48x
PEG Ratio
-0.66x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR922024-04-18
IDR 95.93

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of JKON is IDR96, which is 5% higher than JKON's last closing price of IDR92 (as of 2024-04-18).

Valuation Recap of JKON 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 6.32x is below the ID market average of 8.46x but is trading in a P/E range similar to its peers in the Heavy Constructions & Civil Engineering sector (5.96x).

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 0.50x is similar to the peers average of 0.56x in the Heavy Constructions & Civil Engineering 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 0.33x is similar to the peers average of 0.40x in the Heavy Constructions & Civil Engineering sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of JKON'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. JKON's P/CF ratio of 7.00x is considered healthy 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. JKON's EV/R ratio of 0.27x is considered extremely underpriced by the market The average EV/R ratio for the Heavy Constructions & Civil Engineering sector is 1.03x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of JKON is IDR 95.93, which is 5% higher than JKON's last closing price of IDR 92.00.

Peers

JKON 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
BRENPT Barito Renewables Energy Tbk.1,060.25T54.35T 9.22T 1.66T 637.21154.12
TLKMPT Telkom Indonesia (Persero) Tbk321.95T286.59T 149.22T 24.43T 13.182.37
ISATPT Indosat Tbk86.27T114.72T 51.23T 4.51T 19.142.81
PGEOPT Pertamina Geothermal Energy Tbk51.03T45.91T 6.29T 2.53T 20.141.67
MTELPT Dayamitra Telekomunikasi Tbk49.16T57.01T 8.59T 2.01T 24.451.44
SUPRSolusi Tunas Pratama Tbk44.51T9.89T 1.89T 1.13T 39.457.79
TOWRSarana Menara Nusantara Tbk40.09T68.42T 11.74T 3.25T 12.322.44
TBIGPT Tower Bersama Infrastructure Tbk39.05T46.97T 6.64T 1.56T 25.033.33
JSMRPT Jasa Marga Tbk38.10T129.31T 21.32T 6.79T 5.611.37
WSKTPT Waskita Karya (Persero) Tbk5.82T95.60T 10.95T -3.77T -1.541.10
Competitiveness Recap of JKON stock
WeightNotesScore
High
At a market cap of IDR 1,500.38 billion, JKON.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.

High
At a PE of 6.32, JKON.JK ranks 9 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 80.28 (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 Infrastructures. In this regard, it trails behind sector leaders such as PT Barito Renewables Energy Tbk. (637.21) in the Infrastructures sector.

Medium
At a PE of 6.32, JKON.JK is trading at a higher PE than that of its subsector peers in Heavy Constructions & Civil Engineering (median of 5.96). false

Medium
At a revenue of IDR 4.55 trillion, JKON.JK ranks 9 in Revenue out of 10 companies in the Infrastructures sector.

Medium
At a profit of IDR 0.24 trillion, JKON.JK ranks 10 in Profit out of 10 companies in the Infrastructures sector.

Future

Future Growth of JKON

Growth Forecasts

JKON 2024 Revenue Growth
+48.0%
JKON 2024 EPS Growth
0.0%
Sector Revenue Growth
+18.3%
Heavy Constructions & Civil Engineering
Indonesia Market Growth
+7.6%
IDX overall growth
Heavy Constructions & Civil Engineering Sector Revenue Growth '24
+27.3%
Infrastructures Sector Revenue Growth '24
+6.2%

Sector Benchmark

Heavy Constructions & Civil Engineering companies in Indonesia are growing at a projected rate of 18.29% against the IDX average of +7.6%.

Heavy Constructions & Civil Engineering sector overview

JKON Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of JKON
WeightNotesScore
High
JKON's projected growth rate of 18.29% is above the ID market average of 7.62%.

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Management

Executive Management

President Director

Umar Ganda15.2 years

Vice President Director

Zali Yahya15.4 years
Hardjanto Agus Priambodo
Director
Yerri Go
Director
NamePositionShares%
Agus Setiadi LukitaVice President Director43,290,0000.27
Hardjanto Agus PriambodoDirector32,307,7000.2
Masagoes Ismail NingCommissioner4,065,0000.02
Umar GandaPresident Director8,750,0000.05
Zali YahyaVice President Director46,382,5000.28
Expressed in millions IDR, unless otherwise stated

Ownership

JKON Ownership

Others
38.28%
Insiders
61.71%
Institutions
0.01%
NameNumber of SharesOwnership (%)Value
Pt Pembangunan Jaya9,929,587,75060.89913.52B
Public (Scripless)5,858,133,07035.92538.95B
Public (Scrip)386,003,8402.3735.51B
Zali Yahya46,382,5000.284.27B
Agus Setiadi Lukita43,290,0000.273.98B
Hardjanto Agus Priambodo32,307,7000.22.97B
Umar Ganda8,750,0000.050.81B
Masagoes Ismail Ning4,065,0000.020.37B

Largest Institutional Buy

No data is available for JKON at the moment.

Largest Institutional Sell

Delaware Management Company
Sold 31-12-2023
-13,589,400 shares
Pharus Management Lux S.A.
Sold 31-12-2023
-7,500,000 shares
SEI Investments Management Corp
Sold 31-12-2023
-2,342,500 shares

Institutional Transactions

Tracking institutional transactions buying / selling of JKON stock