Surya Citra Media Tbk

scma

Overview

SCMA Overview

PT Surya Citra Media Tbk is a provider of entertainment and information for the Indonesian nation. The Company engages mainly in activities related to multimedia services. The Company’s segments include Television, Digital and Out-of-home advertising, and Content and others. Its Television segment business consist of free-to-air (FTA) television broadcasting and subscription broadcasting of satellite television. Its Digital and out-of-home advertising segment represents megaportal Website. Its Content and others segment represents content, film and video production and distribution. It operates the national television (TV) channels in Indonesia, such as Surya Citra Televisi and Indosiar Visual Mandiri (INDOSIAR) and other broadcasting channels. It operates Ajwa TV, a TV station, which broadcasts islamic content. It also operates Mentari TV, a digital TV station, which broadcast’s kids’ programs, such as animation, family drama, games, sport, magazine, documenter and education content.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: SCMA

Main
Market Cap.
IDR 8.84Trillion

~$562.84M USD

Industry
Media
Sub-Industry
Broadcasting
Sector
Consumer Cyclicals

Valuation

SCMA Valuation Metrics

137

IDR

Closing Price on 2024-04-05

Price to Equity

35.07

P/E

At 35.07x P/E TTM, SCMA.JK is trading at a discount to its peers in the Media & Entertainment sector.

Price to Book

1.20

P/B

At 1.20x P/B TTM, SCMA.JK is trading at a premium to its peers in the Media & Entertainment sector (avg 0.8x).

Price to Sales

1.27

P/S

At 1.27x P/S TTM, SCMA.JK is trading at a premium to its peers in the Media & Entertainment sector (avg 1.1x).

Valuing Surya Citra Media Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Media & Entertainment sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Surya Citra Media Tbk relative to other stocks in the Media & Entertainment sector

Price/Cash Flow
9.80x
Price/Forward Earnings
10.60x
Enterprise Value/Revenue
0.93x
Enterprise Value/EBITDA
10.47x
PEG Ratio
-1.60x

Analyst Ratings

40
60
80
0
100

75.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR1372024-04-05
IDR 146.32

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of SCMA is IDR146, which is 8% higher than SCMA's last closing price of IDR137 (as of 2024-04-05).

Valuation Recap of SCMA 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 35.07x is above the ID market average of 8.22x and is trading at a premium to peers in the Media & Entertainment sector (-1.86x). In fact, less than 25% of its peers trade at a higher P/E ratio than SCMA.
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 1.20x is above the peers average of 0.80x in the Media & Entertainment 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 1.27x is similar to the peers average of 1.06x in the Media & Entertainment sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of SCMA's valuation relative to its current sales and future earnings growth. SCMA trades at a Forward P/E ratio of 10.60x, which is considered fairly undervalued by analysts.
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. SCMA's P/CF ratio of 9.80x 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. SCMA's EV/R ratio of 0.93x is considered extremely underpriced by the market The average EV/R ratio for the Media & Entertainment sector is 1.94x. ●●●
Max 3
Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of SCMA is IDR 146.32, which is 8% higher than SCMA's last closing price of IDR 137.00.
Max 3

Peers

SCMA 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
MASAMultistrada Arah Sarana Tbk54.91T7.51T 7.08T 0.87T 62.989.41
FILMPT MD Pictures Tbk.45.84T1.71T 0.35T 0.09T 495.5928.31
MSINPT MNC Digital Entertainment Tbk35.19T6.80T 2.97T 0.21T 171.186.14
MAPIMitra Adiperkasa Tbk31.26T24.58T 32.43T 2.10T 14.873.27
MAPAPT MAP Aktif Adiperkasa Tbk.28.93T9.24T 12.56T 1.41T 20.545.44
CNMAPT Nusantara Sejahtera Raya Tbk19.84T7.08T 0.88T -0.02T -811.294.46
ACESAce Hardware Indonesia Tbk16.26T7.43T 7.36T 0.80T 20.372.78
SMSMSelamat Sempurna Tbk11.20T4.52T 5.01T 0.90T 12.393.57
TRIOTrikomsel Oke Tbk11.08T0.09T 0.68T -0.11T -99.53-3.05
SCMASurya Citra Media Tbk8.84T10.51T 6.97T 0.25T 35.071.20
Competitiveness Recap of SCMA stock
WeightNotesScore
High
At a market cap of IDR 8,843.65 billion, SCMA.JK ranks 10 in Market Cap out of 10 companies in the Consumer Cyclicals sector.
Max 2
High
At a PE of 35.07, SCMA.JK ranks 4 out of 10 companies in the Consumer Cyclicals sector for P/E value. The average PE is -7.78 (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 Consumer Cyclicals. In this regard, it trails behind sector leaders such as PT MD Pictures Tbk. (495.59) in the Consumer Cyclicals sector.
Max 2
Medium
At a PE of 35.07, SCMA.JK is trading at a higher PE than that of its subsector peers in Media & Entertainment (median of -1.86). false●●
Max 2
Medium
At a revenue of IDR 6.97 trillion, SCMA.JK ranks 5 in Revenue out of 10 companies in the Consumer Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.25 trillion, SCMA.JK ranks 6 in Profit out of 10 companies in the Consumer Cyclicals sector.
Max 2

Future

Future Growth of SCMA

Growth Forecasts

SCMA 2024 Revenue Growth
+3.7%
SCMA 2024 EPS Growth
+13.1%
Sector Revenue Growth
+3.7%
Media & Entertainment
Indonesia Market Growth
+12.0%
IDX overall growth
Media & Entertainment Sector Revenue Growth '24
+3.7%
Consumer Cyclicals Sector Revenue Growth '24
+33.1%

Sector Benchmark

Media & Entertainment companies in Indonesia are growing at a projected rate of 3.75% against the IDX average of +12.0%.

Media & Entertainment sector overview

SCMA Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of SCMA
WeightNotesScore
High
SCMA's projected growth rate of 3.75% is below the ID market average of 11.98%.●●●
Max 3
High
The Media & Entertainment sub-sector is projected to grow revenue by 3.75% in 2024. This number is higher than the previous year 2023's growth rate of -1.33%. false
Max 3
Medium
The Media & Entertainment sub-sector is projected to increase earnings by 13.14% in 2024. This number is higher than the previous year 2023's EPS growth of -6.27%. This bodes well for SCMA's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
SCMA and its peers in the Media & Entertainment sub-sector belongs to the Consumer Cyclicals sector. Companies in the Consumer Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 21.68% in 2024 while revenue growth is projected to increase by 33.11%. These macroeconomic trends will likely be a tailwind for SCMA's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Sutanto Hartono15.2 years
Harsiwi Achmad
Director
Imam Sudjarwo
Director
Rusmiyati Djajaseputra
Director
Mutia Nandika
Director
David Setiawan Suwarto
Director
NamePositionShares%
Adi W. SariaatmadjaPresident Commissioner100< 0.01
David Setiawan SuwartoDirector5,850,000< 0.01
Harsiwi AchmadDirector19,875,0000.03
Imam SudjarwoDirector5,200,000< 0.01
Jay Geoffrey WacherCommissioner8,750,000< 0.01
Mutia NandikaDirector26,500,0000.04
Rusmiyati DjajaseputraDirector10,000,000< 0.01
Sutanto HartonoPresident Director40,000,0000.05
Expressed in millions IDR, unless otherwise stated

Ownership

SCMA Ownership

Others
30.47%
Insiders
61.33%
Institutions
8.2%
NameNumber of SharesOwnership (%)Value
Pt Elang Mahkota Teknologi Tbk45,103,335,64060.976,179.16B
Public (Scripless)17,987,863,44524.322,464.34B
Treasury Stock10,763,194,12014.551,474.56B
Sutanto Hartono40,000,0000.055.48B
Mutia Nandika26,500,0000.043.63B
Harsiwi Achmad19,875,0000.032.72B
Jay Geoffrey Wacher8,750,0000.011.20B
Rusmiyati Djajaseputra10,000,0000.011.37B
Imam Sudjarwo5,200,0000.010.71B
David Setiawan Suwarto5,850,0000.010.80B

Largest Institutional Buy

Aviva Investors Global Services Limited
Bought 31-01-2024
+7,272,720 shares
Dimensional Fund Advisors LP
Bought 31-01-2024
+5,100,497 shares
AXA Investment Managers
Bought 31-01-2024
+4,985,800 shares

Largest Institutional Sell

No data is available for SCMA at the moment.

Institutional Transactions

Tracking institutional transactions buying / selling of SCMA stock