PT Rockfields Properti Indonesia Tbk.

rock

Overview

ROCK Overview

PT Rockfields Property Indonesia is an Indonesia-based property development company. The Company is engaged in the designing, development, marketing and management of commercial and residential real estate projects. The Company’s projects include Noble House, Escala Residence, Avalon, International Exchange House, Broadway Residence and Proyek Azerai. The Noble House is grade A office building located at the prestigious business district in South Jakarta, Mega Kuningan. The Escala Residence. The International Exchange House is a Grade A office development located in the Golden Triangle Region of Jakarta. The Broadway Residence is a multi-block residential project in Kebon Jeruk, West Jakarta. Proyek Azerai is a Hotel & Resort project that combines luxury with natural harmony. The Company's subsidiaries include PT Graha Lestari Internusa, PT Artha Mas Investama, PT Graha Metta Karuna, PT Knightsbridge Luxury Development and PT Rajawali Mega Persada.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ROCK

Watchlist
Market Cap.
IDR 508.06Billion

~$32.33M USD

Industry
Real Estate Management & Development
Sub-Industry
Real Estate Development & Management
Sector
Properties & Real Estate

Valuation

ROCK Valuation Metrics

354

IDR
0.0%

Closing Price on 2024-04-01

Price to Equity

32.50

P/E

At 32.50x P/E TTM, ROCK.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 6.6x).

Price to Book

0.65

P/B

At 0.65x P/B TTM, ROCK.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 0.5x).

Price to Sales

4.73

P/S

At 4.73x P/S TTM, ROCK.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 3.0x).

Valuing PT Rockfields Properti Indonesia Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Properties & Real Estate sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Rockfields Properti Indonesia Tbk. relative to other stocks in the Properties & Real Estate sector

Price/Cash Flow
9.00x
Price/Forward Earnings
-
Enterprise Value/Revenue
5.00x
Enterprise Value/EBITDA
-
PEG Ratio
0.06x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3542024-04-01
IDR 42.13

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of ROCK is IDR42, which is 87% lower than ROCK's last closing price of IDR354 (as of 2024-04-01).

Valuation Recap of ROCK 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 32.50x is above the ID market average of 8.31x and is trading at a premium to peers in the Properties & Real Estate sector (6.65x). In fact, less than 25% of its peers trade at a higher P/E ratio than ROCK.
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 0.65x is similar to the peers average of 0.52x in the Properties & Real Estate 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 4.73x is above the peers average of 3.03x in the Properties & Real Estate sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ROCK'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. ROCK's P/CF ratio of 9.00x 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. ROCK's EV/R ratio of 5.00x is considered a relatively high ratio The average EV/R ratio for the Properties & Real Estate sector is 3.95x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of ROCK is IDR 42.13, which is 87% lower than ROCK's last closing price of IDR 354.00.
Max 3

Peers

ROCK Peers and Comparison

Market Cap.

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
MKPIMetropolitan Kentjana Tbk25.84T8.42T 2.29T 0.86T 29.963.89
CTRACiputra Development Tbk24.65T42.63T 8.49T 1.52T 16.221.27
BSDEPT Bumi Serpong Damai Tbk20.70T71.11T 10.40T 3.28T 6.300.57
PWONPakuwon Jati Tbk20.61T32.06T 6.06T 1.83T 11.241.11
MPROPT Maha Properti Indonesia Tbk.17.38T1.71T 0.00T -0.03T -502.1418.97
INPPIndonesian Paradise Property Tbk11.07T9.18T 1.25T 0.12T 92.292.09
RISEPT Jaya Sukses Makmur Sentosa Tbk.10.62T2.91T 0.31T 0.03T 303.445.13
PLINPlaza Indonesia Realty Tbk9.65T12.31T 1.26T 0.69T 14.030.90
SMRAPT Summarecon Agung Tbk8.75T29.50T 6.59T 0.97T 9.030.90
Competitiveness Recap of ROCK stock
WeightNotesScore
High
At a market cap of IDR 508.06 billion, ROCK.JK ranks 10 in Market Cap out of 10 companies in the Properties & Real Estate sector.
Max 2
High
At a PE of 32.50, ROCK.JK ranks 3 out of 10 companies in the Properties & Real Estate sector for P/E value. The average PE is 1.29 (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 Properties & Real Estate. In this regard, it trails behind sector leaders such as PT Jaya Sukses Makmur Sentosa Tbk. (303.44) in the Properties & Real Estate sector.
Max 2
Medium
At a PE of 32.50, ROCK.JK is trading at a higher PE than that of its subsector peers in Properties & Real Estate (median of 6.65). false●●
Max 2
Medium
At a revenue of IDR 0.11 trillion, ROCK.JK ranks 9 in Revenue out of 10 companies in the Properties & Real Estate sector.
Max 2
Medium
At a profit of IDR 0.02 trillion, ROCK.JK ranks 9 in Profit out of 10 companies in the Properties & Real Estate sector.
Max 2

Future

Future Growth of ROCK

Growth Forecasts

No data available

Sector Benchmark

Properties & Real Estate companies in Indonesia are growing at a projected rate of 11.45% against the IDX average of +12.0%.

Properties & Real Estate sector overview
No data is available for ROCK at the moment.
Future growth prospect of ROCK
WeightNotesScore
High
ROCK's projected growth rate of 11.45% is below the ID market average of 11.98%.●●●
Max 3
High
The Properties & Real Estate sub-sector is projected to grow revenue by 7.56% in 2024. This number is higher than the previous year 2023's growth rate of 2.33%. This bodes well for ROCK's revenue growth prospects in the next 2 years. ●●
Max 3
Medium
The Properties & Real Estate sub-sector is projected to increase earnings by 10.66% in 2024. This number is higher than the previous year 2023's EPS growth of 0.12%. This bodes well for ROCK's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
ROCK and its peers in the Properties & Real Estate sub-sector belongs to the Properties & Real Estate sector. Companies in the Properties & Real Estate sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 10.66% in 2024 while revenue growth is projected to increase by 7.56%. These macroeconomic trends will likely be a tailwind for ROCK's earnings growth prospects in the next 2 years. ●●
Max 3
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Management

Executive Management

President Director

Po Wiwiek Purnomo15.2 years
Dewi Susanti
Director
NamePositionShares%
No data is available for ROCK at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

ROCK Ownership

Others
20%
Insiders
80%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Luciana387,500,00027137.18B
Po Sun Kok387,499,99827137.17B
Pt Pollux Hotels Groups Tbk (Dh Pt Pollux Investasi International Tbk)373,148,10026132.09B
Public (Scripless)287,037,00020101.61B
No data is available for ROCK at the moment.