PT Boston Furniture Industries Tbk..

sofa

Overview

SOFA Overview

PT Boston Furniture Industries Tbk is an Indonesia-based company that is engaged in the processing of wood-based furniture and other wood-based, metal-based products as well as distribution and sale of furniture through its subsidiaries. The Company's furniture products consist of two product lines, namely Blackwood American and Blackwood Modern. Its Blackwood American product line includes various kinds of products, such as dining tables, chairs, sofas and beds, among others. Its customers can choose the color, finishing, size, up to the type of fabric used in the furniture, including providing installation services at the location where the furniture is installed. The Company also provides a service called white glove service. Its furniture manufacturing is located in Millennium Industrial Estate, Banten Province, Indonesia. The Company owns two marketing galleries (showrooms) in Jakarta and Surabaya. Its subsidiaries include PT Pratama Satya Prima and PT Pratama Satya Tunggal.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: SOFA

Acceleration
Market Cap.
IDR 24.80Billion

~$1.56M USD

Industry
Household Goods
Sub-Industry
Home Furnishings
Sector
Consumer Cyclicals
Sub-Sector

Valuation

SOFA Valuation Metrics

15

IDR

Closing Price on 2024-04-05

Price to Equity

22.99

P/E

At 22.99x P/E TTM, SOFA.JK is trading at a premium to its peers in the Household Goods sector (avg 1.8x).

Price to Book

0.55

P/B

At 0.55x P/B TTM, SOFA.JK is trading in line with its peers in the Household Goods sector.

Price to Sales

0.36

P/S

At 0.36x P/S TTM, SOFA.JK is trading at a discount to its peers in the Household Goods sector.

Valuing PT Boston Furniture Industries Tbk.. based on its trailing twelve months (TTM) valuation metrics against its peers in the Household Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Boston Furniture Industries Tbk.. relative to other stocks in the Household Goods sector

Price/Cash Flow
2.59x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.30x
Enterprise Value/EBITDA
1.36x
PEG Ratio
-

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR152024-04-05
IDR 7.19

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of SOFA is IDR7, which is 51% lower than SOFA's last closing price of IDR15 (as of 2024-04-05).

Valuation Recap of SOFA 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 22.99x is above the ID market average of 8.22x and is trading at a premium to peers in the Household Goods sector (1.76x). In fact, less than 25% of its peers trade at a higher P/E ratio than SOFA.
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 0.55x is similar to the peers average of 0.53x in the Household Goods 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 0.36x is similar to the peers average of 0.44x in the Household Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of SOFA'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. SOFA's P/CF ratio of 2.59x 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. SOFA's EV/R ratio of 0.30x is considered extremely underpriced by the market The average EV/R ratio for the Household Goods sector is 0.61x. ●●●
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of SOFA is IDR 7.19, which is 51% lower than SOFA's last closing price of IDR 15.00.
Max 3

Peers

SOFA 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
WOODPT Integra Indocabinet Tbk1.94T6.95T 2.34T -0.06T -30.300.50
Competitiveness Recap of SOFA stock
WeightNotesScore
High
At a market cap of IDR 24.80 billion, SOFA.JK ranks 10 in Market Cap out of 10 companies in the Consumer Cyclicals sector.
Max 2
High
At a PE of 22.99, SOFA.JK ranks 4 out of 10 companies in the Consumer Cyclicals sector for P/E value. The average PE is -8.99 (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 22.99, SOFA.JK is trading at a higher PE than that of its subsector peers in Household Goods (median of 1.76). false●●
Max 2
Medium
At a revenue of IDR 0.07 trillion, SOFA.JK ranks 10 in Revenue out of 10 companies in the Consumer Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.00 trillion, SOFA.JK ranks 8 in Profit out of 10 companies in the Consumer Cyclicals sector.
Max 2

Future

Future Growth of SOFA

Growth Forecasts

No data available

Sector Benchmark

Household Goods companies in Indonesia are growing at a projected rate of 93.30% against the IDX average of +12.0%.

Household Goods sector overview
No data is available for SOFA at the moment.
Future growth prospect of SOFA
WeightNotesScore
High
SOFA's projected growth rate of 93.30% is above the ID market average of 11.98%.●●
Max 3
High
The Household Goods sub-sector is projected to grow revenue by 93.30% in 2024. This number is higher than the previous year 2023's growth rate of 66.57%. This bodes well for SOFA's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Household Goods sub-sector is projected to decrease earnings by 0.00% in 2024. This number is lower than the previous year 2023's EPS growth of 0.00%. false
Max 3
Medium
SOFA and its peers in the Household Goods 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 SOFA's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Hardy Satya15.2 years
Dimas Adiyasa Wiryaatmaja
Director
NamePositionShares%
Dimas Adiyasa WiryaatmajaDirector16,500,0001
Hardy SatyaPresident Director578,500,00034.98
Yohan SatyaPresident Commissioner578,500,00034.98
Expressed in millions IDR, unless otherwise stated

Ownership

SOFA Ownership

Others
22.42%
Insiders
77.58%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Hardy Satya578,500,00034.988.68B
Yohan Satya578,500,00034.988.68B
Public (Scripless)370,700,99922.425.56B
Hendra Kusuma Kargito109,373,5006.611.64B
Dimas Adiyasa Wiryaatmaja16,500,00010.25B
No data is available for SOFA at the moment.