Pelangi Indah Canindo Tbk

pico

Overview

PICO Overview

PT Pelangi Indah Canindo Tbk is an Indonesia-based company engaged in metal packaging industry. The Company is engaged in the business of industrial metal containers, cans, drums, gas cylinders and metal printing, services. It offers a variety product range from steel drum, liquified petroleum gas (LPG) tank, pail can, food can, various size can packaging, general can and metal printing serving various domestic and international customers. Its factory is located in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap.

2468ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: PICO

Development
Market Cap.
IDR 52.67Billion

~$3.32M USD

Industry
Containers & Packaging
Sub-Industry
Containers & Packaging
Sector
Basic Materials
Sub-Sector

Valuation

PICO Valuation Metrics

90

IDR

Closing Price on 2024-04-05

Price to Equity

10.07

P/E

At 10.07x P/E TTM, PICO.JK is trading at a premium to its peers in the Basic Materials sector (avg 8.2x).

Price to Book

0.26

P/B

At 0.26x P/B TTM, PICO.JK is trading at a discount to its peers in the Basic Materials sector.

Price to Sales

0.10

P/S

At 0.10x P/S TTM, PICO.JK is trading at a discount to its peers in the Basic Materials sector.

Valuing Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
8.51x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.29x
Enterprise Value/EBITDA
6.55x
PEG Ratio
-0.14x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of PICO 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 10.07x is above the ID market average of 8.22x and is trading at a premium 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 0.26x is below the peers average of 0.89x in the Basic Materials sector. In fact, less than 25% of its peers trade at a lower P/B ratio than PICO.●●
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 0.10x is below 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 PICO'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. PICO's P/CF ratio of 8.51x 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. PICO's EV/R ratio of 0.29x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.07x. ●●●
Max 3

Peers

PICO 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
FASWFajar Surya Wisesa Tbk13.63T12.50T 7.81T -0.67T -20.403.01
Competitiveness Recap of PICO stock
WeightNotesScore
High
At a market cap of IDR 52.67 billion, PICO.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.
Max 2
High
At a PE of 10.07, PICO.JK ranks 5 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -48.00 (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 10.07, PICO.JK is trading at a higher PE than that of its subsector peers in Basic Materials (median of 8.22). false
Max 2
Medium
At a revenue of IDR 0.54 trillion, PICO.JK ranks 8 in Revenue out of 10 companies in the Basic Materials sector.
Max 2
Medium
At a profit of IDR 0.01 trillion, PICO.JK ranks 6 in Profit out of 10 companies in the Basic Materials sector.
Max 2

Future

Future Growth of PICO

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 PICO at the moment.
Future growth prospect of PICO
WeightNotesScore
High
PICO'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 PICO'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
PICO 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 PICO's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Ko Dandy15.2 years
Rubianto
Director
NamePositionShares%
No data is available for PICO at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

PICO Ownership

Others
26.12%
Insiders
73.88%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Citrajaya Perkasamulia206,777,14036.3818.61B
Public (Scripless)173,452,61530.5215.61B
Pt Saranamulia Mahardhika107,786,05218.969.70B
Pt. Koexim Mandiri Finance74,307,69313.076.69B
Public (Scrip)6,051,5001.060.54B
No data is available for PICO at the moment.