Sekar Bumi Tbk

skbm

+9.68%

Overview

SKBM Overview

PT Sekar Bumi Tbk is an Indonesia-based company, which provides frozen food products specialized in shrimps, fish and other frozen processed food. The Company’s brands include FINNA, SKB, Bumifood, Mitraku and Freshmar. FINNA products are available in supermarket aisles of grocery and wholesales. There are over 40 products under FINNA brand. SKB produces frozen food, such as shrimps and fish. Bumifood is the brand for value-added products produced by the Company. Bumifood products can be found in general and modern market in the country. Mitraku is the brand for value-added products produced by the Company, such as fish ball, shrimp ball, fish tofu, fish cake, mini wonton and dim sum products. Freshmar is specialized in raw shrimp and fish for local market needs. The Company also exports its products in approximately 20 countries America, Japan, China, South Korea, Hong Kong, Taiwan, Malaysia, Singapore and others.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: SKBM

Development
Market Cap.
IDR 470.59Billion

~$29.41M USD

Industry
Processed Foods
Sub-Industry
Processed Foods
Sector
Consumer Non-Cyclicals
Sub-Sector

Valuation

SKBM Valuation Metrics

272

IDR
+9.7%

Closing Price on 2024-04-17

Price to Equity

314.53

P/E

At 314.53x P/E TTM, SKBM.JK is trading at a premium to its peers in the Food & Beverage sector (avg 12.7x).

Price to Book

0.47

P/B

At 0.47x P/B TTM, SKBM.JK is trading at a discount to its peers in the Food & Beverage sector.

Price to Sales

0.17

P/S

At 0.17x P/S TTM, SKBM.JK is trading at a discount to its peers in the Food & Beverage sector.

Valuing Sekar Bumi Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Food & Beverage sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Sekar Bumi Tbk relative to other stocks in the Food & Beverage sector

Price/Cash Flow
3.44x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.26x
Enterprise Value/EBITDA
9.95x
PEG Ratio
-3.10x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR2722024-04-17
IDR 167.23

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of SKBM is IDR167, which is 38% lower than SKBM's last closing price of IDR272 (as of 2024-04-17).

Valuation Recap of SKBM 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 314.53x is above the ID market average of 8.53x and is trading at a premium to peers in the Food & Beverage sector (12.72x). In fact, less than 25% of its peers trade at a higher P/E ratio than SKBM.
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 0.47x is below the peers average of 1.26x in the Food & Beverage sector. In fact, less than 25% of its peers trade at a lower P/B ratio than SKBM.●●
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 0.17x is below the peers average of 0.81x in the Food & Beverage sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of SKBM'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. SKBM's P/CF ratio of 3.44x 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. SKBM's EV/R ratio of 0.26x is considered extremely underpriced by the market The average EV/R ratio for the Food & Beverage sector is 1.27x. ●●●
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of SKBM is IDR 167.23, which is 38% lower than SKBM's last closing price of IDR 272.00.
Max 3

Peers

SKBM 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
ICBPIndofood CBP Sukses Makmur Tbk118.37T119.27T 67.91T 6.99T 16.932.90
AMRTPT Sumber Alfaria Trijaya Tbk.115.85T34.25T 106.94T 3.40T 34.048.00
HMSPHM Sampoerna Tbk96.54T55.32T 115.98T 8.10T 11.923.23
UNVRUnilever Indonesia Tbk90.42T16.66T 38.61T 4.80T 18.8326.74
PANIPT Pantai Indah Kapuk Dua Tbk.84.00T33.71T 2.16T 0.27T 311.056.49
CPINCharoen Pokphand Indonesia Tbk83.22T40.97T 61.62T 2.32T 35.893.08
INDFIndofood Sukses Makmur Tbk53.12T186.59T 111.70T 8.15T 6.520.90
MYORMayora Indah Tbk51.65T23.42T 31.33T 2.88T 17.913.72
CMRYPT Cisarua Mountain Dairy Tbk37.77T7.05T 7.77T 1.24T 30.426.36
ULTJPT Ultrajaya Milk Industry & Trading Company Tbk19.29T7.52T 8.30T 1.17T 16.502.92
Competitiveness Recap of SKBM stock
WeightNotesScore
High
At a market cap of IDR 470.59 billion, SKBM.JK ranks 10 in Market Cap out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
High
At a PE of 314.53, SKBM.JK ranks 1 out of 10 companies in the Consumer Non-Cyclicals sector for P/E value. The average PE is 79.80 (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 Non-Cyclicals. false●●
Max 2
Medium
At a PE of 314.53, SKBM.JK is trading at a higher PE than that of its subsector peers in Food & Beverage (median of 12.72). false●●
Max 2
Medium
At a revenue of IDR 2.84 trillion, SKBM.JK ranks 9 in Revenue out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.00 trillion, SKBM.JK ranks 10 in Profit out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2

Future

Future Growth of SKBM

Growth Forecasts

No data available

Sector Benchmark

Food & Beverage companies in Indonesia are growing at a projected rate of 9.96% against the IDX average of +7.6%.

Food & Beverage sector overview
No data is available for SKBM at the moment.
Future growth prospect of SKBM
WeightNotesScore
High
SKBM's projected growth rate of 9.96% is above the ID market average of 7.62%.●●●
Max 3
High
The Food & Beverage sub-sector is projected to grow revenue by 17.31% in 2024. This number is higher than the previous year 2023's growth rate of 6.85%. This bodes well for SKBM's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Food & Beverage sub-sector is projected to increase earnings by 64.32% in 2024. This number is higher than the previous year 2023's EPS growth of 25.83%. This bodes well for SKBM's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
SKBM and its peers in the Food & Beverage sub-sector belongs to the Consumer Non-Cyclicals sector. Companies in the Consumer Non-Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 64.32% in 2024 while revenue growth is projected to increase by 17.31%. These macroeconomic trends will likely be a tailwind for SKBM's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Oei Harry Lukmito15.2 years

Vice President Director

Howard Ken Lukmito15.4 years
Freddy Adam
Director
Gary Iyawan
Director
Pahlawan Hari Tjahjono
Director
Ivone Margaretha
Director
Mark Gerard Clay
Director
NamePositionShares%
Finna Huang (Huang Liting)Commissioner4,801,4400.28
Freddy AdamDirector270,0000.02
Gary IyawanDirector270,0000.02
Oei Harry LukmitoPresident Director34,202,7451.98
Pahlawan Hari TjahjonoDirector80,000< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

SKBM Ownership

Others
24.7%
Insiders
75.3%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Tael Two Partners Ltd.554,706,04632.06150.88B
Public (Scripless)349,235,15620.1994.99B
Green Resources Investments Pte. Ltd.338,732,36019.5892.14B
Pt Multi Karya Sejati169,860,2879.8246.20B
Bank Negara Indonesia105,927,8746.1228.81B
Fj Capital Pte. Ltd.93,859,8345.4325.53B
Public (Scrip)78,157,4754.521.26B
Oei Harry Lukmito34,202,7451.989.30B
Finna Huang (Huang Liting)4,801,4400.281.31B
Gary Iyawan270,0000.020.07B
Freddy Adam270,0000.020.07B

Largest Institutional Buy

No data is available for SKBM at the moment.

Largest Institutional Sell

Pharus Management Lux S.A.
Sold 31-12-2023
-49,700 shares

Institutional Transactions

Tracking institutional transactions buying / selling of SKBM stock