PT Nusa Raya Cipta Tbk.

nrca

Overview

NRCA Overview

PT Nusa Raya Cipta Tbk is an Indonesia-based construction services company. The Company is engaged in constructing hotels and resorts, office buildings, apartments, hospitals, malls, shopping centers and factories, and possesses competence in the field of infrastructure development. The Company also carries out supporting business activities in the petroleum and natural gas mining, as well as other mining and extractive sectors. Its projects consist of ongoing and completed projects. Its ongoing projects include Akasa Apartement BSD Tangerang, Mayapada Chung Chung School 2 Surabaya, Parking Lot of Apartement Emerald Bintaro Tangerang, Paket 5 Theme Park Kotabaru Parahyangan Bandung, Biodegradable IKPP Serang, Pindodeli Extension, Pou Yuen Factory Cianjur, Subang Smartpolitan, Kerry KIIC Karawang, FRC Indah Kiat Tangerang and others. Its completed projects include Parking Lot of Apartement Emerald Bintaro Tangerang, PT Thaiunion Kharisma Lestari Lamongan and others.

2468101214ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: NRCA

Main
Market Cap.
IDR 865.77Billion

~$54.59M USD

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

Valuation

NRCA Valuation Metrics

350

IDR

Closing Price on 2024-04-05

Price to Equity

9.58

P/E

At 9.58x P/E TTM, NRCA.JK is trading at a premium to its peers in the Heavy Constructions & Civil Engineering sector (avg 6.2x).

Price to Book

0.73

P/B

At 0.73x P/B TTM, NRCA.JK is trading in line with its peers in the Heavy Constructions & Civil Engineering sector.

Price to Sales

0.32

P/S

At 0.32x P/S TTM, NRCA.JK is trading in line with its peers in the Heavy Constructions & Civil Engineering sector.

Valuing PT Nusa Raya Cipta 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 PT Nusa Raya Cipta Tbk. relative to other stocks in the Heavy Constructions & Civil Engineering sector

Price/Cash Flow
20.10x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.20x
Enterprise Value/EBITDA
4.81x
PEG Ratio
0.34x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3502024-04-05
IDR 252.52

Slightly Lower Intrinsic Value: Analyst's intrinsic value is of NRCA is IDR253, which is 27% lower than NRCA's last closing price of IDR350 (as of 2024-04-05).

Valuation Recap of NRCA 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 9.58x is above the ID market average of 8.22x and is trading at a premium to peers in the Heavy Constructions & Civil Engineering sector (6.25x).
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 0.73x is similar to the peers average of 0.65x in the Heavy Constructions & Civil Engineering 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 0.32x is similar to the peers average of 0.33x in the Heavy Constructions & Civil Engineering sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of NRCA'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. NRCA's P/CF ratio of 20.10x 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. NRCA's EV/R ratio of 0.20x is considered extremely underpriced by the market The average EV/R ratio for the Heavy Constructions & Civil Engineering sector is 1.32x. ●●●
Max 3
Medium
Slightly Lower Intrinsic Value: Analyst's intrinsic value is of NRCA is IDR 252.52, which is 27% lower than NRCA's last closing price of IDR 350.00.
Max 3

Peers

NRCA 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.926.47T0.00T 0.00T 0.00T
TLKMPT Telkom Indonesia (Persero) Tbk339.78T276.21T 149.67T 23.67T 14.352.60
ISATPT Indosat Tbk90.71T112.21T 49.68T 3.82T 23.733.12
MTELPT Dayamitra Telekomunikasi Tbk52.05T56.35T 8.40T 1.99T 26.171.56
PGEOPT Pertamina Geothermal Energy Tbk49.37T43.54T 6.20T 2.25T 21.911.72
SUPRSolusi Tunas Pratama Tbk45.39T9.47T 1.88T 0.97T 47.028.49
TOWRSarana Menara Nusantara Tbk42.58T68.22T 11.65T 3.31T 12.872.67
TBIGPT Tower Bersama Infrastructure Tbk42.33T43.76T 6.56T 1.53T 27.613.98
JSMRPT Jasa Marga Tbk39.92T124.90T 18.94T 7.71T 5.171.47
WSKTPT Waskita Karya (Persero) Tbk5.82T96.54T 12.82T -4.73T -1.230.93
Competitiveness Recap of NRCA stock
WeightNotesScore
High
At a market cap of IDR 865.77 billion, NRCA.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.
Max 2
High
At a PE of 9.58, NRCA.JK ranks 8 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 18.84 (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 Solusi Tunas Pratama Tbk (47.02) in the Infrastructures sector.
Max 2
Medium
At a PE of 9.58, NRCA.JK is trading at a higher PE than that of its subsector peers in Heavy Constructions & Civil Engineering (median of 6.25). false
Max 2
Medium
At a revenue of IDR 2.69 trillion, NRCA.JK ranks 8 in Revenue out of 10 companies in the Infrastructures sector.
Max 2
Medium
At a profit of IDR 0.09 trillion, NRCA.JK ranks 9 in Profit out of 10 companies in the Infrastructures sector.
Max 2

Future

Future Growth of NRCA

Growth Forecasts

No data available

Sector Benchmark

Heavy Constructions & Civil Engineering companies in Indonesia are growing at a projected rate of 24.52% against the IDX average of +12.0%.

Heavy Constructions & Civil Engineering sector overview
No data is available for NRCA at the moment.
Future growth prospect of NRCA
WeightNotesScore
High
NRCA's projected growth rate of 24.52% is above the ID market average of 11.98%.●●●
Max 3
High
The Heavy Constructions & Civil Engineering sub-sector is projected to grow revenue by 26.30% in 2024. This number is higher than the previous year 2023's growth rate of 14.34%. This bodes well for NRCA's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Heavy Constructions & Civil Engineering sub-sector is projected to increase earnings by 163.76% in 2024. This number is lower than the previous year 2023's EPS growth of 372.27%. This bodes well for NRCA's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
NRCA and its peers in the Heavy Constructions & Civil Engineering sub-sector belongs to the Infrastructures sector. Companies in the Infrastructures sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 25.05% in 2024 while revenue growth is projected to increase by 11.23%. These macroeconomic trends will likely be a tailwind for NRCA's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Hadiwinarto Christanto15.2 years

Vice President Director

Eddy Purwana Wikanta15.4 years
David Suryadhi
Director
Setiadi Djajasaputra
Director
Stefanus Irawan Gumulja
Director
NamePositionShares%
David SuryadhiDirector46,000,0001.84
Eddy Purwana WikantaVice President Director61,352,5002.46
Hadiwinarto ChristantoPresident Director61,352,5002.46
Johannes SuriadjajaPresident Commissioner3,786,9000.15
Expressed in millions IDR, unless otherwise stated

Ownership

NRCA Ownership

Others
19.99%
Insiders
73.04%
Institutions
6.97%
NameNumber of SharesOwnership (%)Value
Pt Surya Semesta Internusa Tbk1,581,372,80063.35553.48B
Public (Scripless)434,630,64417.41152.12B
Pt Saratoga Investama Sedaya Tbk173,913,0006.9760.87B
Treasury Stock79,180,0003.1727.71B
Eddy Purwana Wikanta61,352,5002.4621.47B
Hadiwinarto Christanto61,352,5002.4621.47B
David Suryadhi46,000,0001.8416.10B
Pt Nusira Putera40,000,0001.614.00B
Pt Hadinusa Tirta 5,335,0000.211.87B
Pt Anindita Rahadian Perkasa5,335,0000.211.87B
Pt Anugerah Andita Suryadi 4,000,0000.161.40B
Johannes Suriadjaja3,786,9000.151.33B

Largest Institutional Buy

No data is available for NRCA at the moment.

Largest Institutional Sell

Pharus Management Lux S.A.
Sold 31-12-2023
-1,100,000 shares

Institutional Transactions

Tracking institutional transactions buying / selling of NRCA stock