PT Sillo Maritime Perdana Tbk

ship

-0.52%

Overview

SHIP Overview

PT Sillo Maritime Perdana Tbk is an Indonesia-based international shipping company, which provides various types of vessels to support operational activities of the upstream oil and gas industry. The types of vessels owned by the Company are floating storage offloading (FSO), liquified natural gas (LNG) tanker, gas tanker, oil tanker, and offshore support vessel (OSV), covering Indonesian and international water territories. The Company operates and manages business in a single segment, which provides vessel charter and other marine services. Its anchor handling tug supply is capable of pulling offshore rigs and handling anchors (dropping/pulling) for offshore rig needs. It provides crew boats transport offshore support personnel and deck cargo to or from offshore installations. Its oil tankers are utilized to transport oil from the extraction point to the refinery or to transport oil products from the refinery to its charterers’ distribution points.

246ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: SHIP

Main
Market Cap.
IDR 2.62Trillion

~$164.02M USD

Industry
Oil & Gas
Sub-Industry
Oil & Gas Storage & Distribution
Sector
Energy
Sub-Sector

Valuation

SHIP Valuation Metrics

965

IDR
-0.5%

Closing Price on 2024-04-18

Price to Equity

9.17

P/E

At 9.17x P/E TTM, SHIP.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 7.3x).

Price to Book

1.23

P/B

At 1.23x P/B TTM, SHIP.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 1.0x).

Price to Sales

1.04

P/S

At 1.04x P/S TTM, SHIP.JK is trading in line with its peers in the Oil, Gas & Coal sector.

Valuing PT Sillo Maritime Perdana Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Oil, Gas & Coal sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Sillo Maritime Perdana Tbk relative to other stocks in the Oil, Gas & Coal sector

Price/Cash Flow
3.13x
Price/Forward Earnings
-
Enterprise Value/Revenue
2.25x
Enterprise Value/EBITDA
8.30x
PEG Ratio
-1.56x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR9652024-04-18
IDR 1,326.72

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of SHIP is IDR1,327, which is 38% higher than SHIP's last closing price of IDR965 (as of 2024-04-18).

Valuation Recap of SHIP 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 9.17x is above the ID market average of 8.46x and is trading at a premium to peers in the Oil, Gas & Coal sector (7.34x).

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 1.23x is similar to the peers average of 1.05x in the Oil, Gas & Coal 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 1.04x is similar to the peers average of 0.90x in the Oil, Gas & Coal sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of SHIP'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. SHIP's P/CF ratio of 3.13x 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. SHIP's EV/R ratio of 2.25x is considered fairly underpriced by the market The average EV/R ratio for the Oil, Gas & Coal sector is 1.12x.

Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of SHIP is IDR 1,326.72, which is 38% higher than SHIP's last closing price of IDR 965.00.

Peers

SHIP 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
BYANBayan Resources Tbk635.83T53.35T 55.48T 19.19T 33.1421.82
DSSADian Swastatika Sentosa Tbk94.78T47.45T 77.68T 6.60T 14.364.42
ADROAdaro Energy Indonesia Tbk84.31T161.04T 109.47T 27.61T 3.050.80
CUANPT Petrindo Jaya Kreasi Tbk68.86T2.29T 1.76T 0.45T 152.9642.08
ADMRPT Adaro Minerals Indonesia Tbk57.24T26.26T 16.82T 6.83T 8.383.78
TCPIPT Transcoal Pacific Tbk.38.75T3.51T 1.83T 0.18T 213.6619.71
MEDCPT Medco Energi Internasional Tbk37.54T105.87T 33.17T 5.71T 6.571.35
AKRAPT AKR Corporindo Tbk.36.51T30.25T 42.09T 2.78T 13.133.24
PTBABukit Asam Tbk35.95T38.77T 38.49T 6.11T 5.891.68
PGASPT Perusahaan Gas Negara Tbk.33.33T102.22T 56.48T 4.31T 7.740.80
Competitiveness Recap of SHIP stock
WeightNotesScore
High
At a market cap of IDR 2,624.60 billion, SHIP.JK ranks 10 in Market Cap out of 10 companies in the Energy sector.

High
At a PE of 9.17, SHIP.JK ranks 6 out of 10 companies in the Energy sector for P/E value. The average PE is 46.03 (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 Energy. In this regard, it trails behind sector leaders such as PT Transcoal Pacific Tbk. (213.66) in the Energy sector.

Medium
At a PE of 9.17, SHIP.JK is trading at a higher PE than that of its subsector peers in Oil, Gas & Coal (median of 7.34). false

Medium
At a revenue of IDR 2.53 trillion, SHIP.JK ranks 8 in Revenue out of 10 companies in the Energy sector.

Medium
At a profit of IDR 0.29 trillion, SHIP.JK ranks 9 in Profit out of 10 companies in the Energy sector.

Future

Future Growth of SHIP

Growth Forecasts

No data available

Sector Benchmark

Oil, Gas & Coal companies in Indonesia are shrinking at a projected rate of -8.57% against the IDX average of +7.6%.

Oil, Gas & Coal sector overview
No data is available for SHIP at the moment.
Future growth prospect of SHIP
WeightNotesScore
High
SHIP's projected growth rate of -8.57% is below the ID market average of 7.62%.

High
The Oil, Gas & Coal sub-sector is projected to shrink revenue by -27.58% in 2024. This number is lower than the previous year 2023's growth rate of -18.33%. false

Medium
The Oil, Gas & Coal sub-sector is projected to decrease earnings by -54.70% in 2024. This number is lower than the previous year 2023's EPS growth of -44.15%. false

Medium
SHIP and its peers in the Oil, Gas & Coal sub-sector belongs to the Energy sector. Companies in the Energy sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to decrease by -54.70% in 2024 while revenue growth is projected to decrease by -27.58%. These macroeconomic trends will likely be a headwind for SHIP's earnings growth prospects in the next 2 years.

Loading...
Loading...

Management

Executive Management

Herjati
Director
Bartolomeus Christopher Ekajaya
Director
Hans Raymond Ekajaya
Director
NamePositionShares%
Hans Raymond EkajayaDirector2,096,0000.07
Expressed in millions IDR, unless otherwise stated

Ownership

SHIP Ownership

Others
18.3%
Insiders
81.69%
Institutions
0.01%
NameNumber of SharesOwnership (%)Value
Pt Goldenheaven Prima Investama1,219,790,00044.851,177.10B
Pt Maxima Prima Sejahtera1,000,000,00036.77965.00B
Public (Scripless)497,904,00018.31480.48B
Hans Raymond Ekajaya2,096,0000.072.02B
No data is available for SHIP at the moment.