PT Siantar Top Tbk

sttp

-0.25%

Overview

STTP Overview

PT Siantar Top Tbk is an Indonesia-based snack manufacturing company. The Company is engaged in the manufacturing of snack noodles, crackers, and candy. The Company’s products include biscuits and wafers, coffee, instant noodles, noodle snacks, pellets, snacks, and vermicelli. Its products are marketed both domestically and internationally, especially in Asia. The Company operates through two segments: food processing, and others. The food processing segment focuses on food processing primarily from the sales of rice, crackers, biscuits, wafers and candy. Other segments arise primarily from the sales of flour and seasoning. The Company’s manufacturing plants are located in Sidoarjo (East Java), Medan (North Sumatera), Bekasi (West Java) and Makassar (South Sulawesi).

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: STTP

Development
Market Cap.
IDR 13.23Trillion

~$0.83B USD

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

Valuation

STTP Valuation Metrics

10,100

IDR
-0.2%

Closing Price on 2024-04-16

Price to Equity

14.85

P/E

At 14.85x P/E TTM, STTP.JK is trading at a premium to its peers in the Food & Beverage sector (avg 11.6x).

Price to Book

2.88

P/B

At 2.88x P/B TTM, STTP.JK is trading at a premium to its peers in the Food & Beverage sector (avg 1.2x).

Price to Sales

2.66

P/S

At 2.66x P/S TTM, STTP.JK is trading at a premium to its peers in the Food & Beverage sector (avg 0.9x).

Valuing PT Siantar Top 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 PT Siantar Top Tbk relative to other stocks in the Food & Beverage sector

Price/Cash Flow
13.97x
Price/Forward Earnings
-
Enterprise Value/Revenue
-
Enterprise Value/EBITDA
-
PEG Ratio
0.20x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of STTP 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 14.85x is above the ID market average of 8.20x and is trading at a premium to peers in the Food & Beverage sector (11.59x).
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 2.88x is above the peers average of 1.24x in the Food & Beverage 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 2.66x is above the peers average of 0.86x in the Food & Beverage sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of STTP'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. STTP's P/CF ratio of 13.97x is considered a relatively high ratio by analysts.
Max 2

Peers

STTP 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 Tbk117.79T118.89T 67.20T 8.34T 14.132.88
AMRTPT Sumber Alfaria Trijaya Tbk.112.12T33.01T 104.81T 3.29T 34.039.25
HMSPHM Sampoerna Tbk97.71T55.76T 142.08T 9.79T 9.983.49
UNVRUnilever Indonesia Tbk96.90T18.92T 40.19T 4.94T 19.6118.01
PANIPT Pantai Indah Kapuk Dua Tbk.87.90T16.92T 2.13T 0.38T 228.8338.59
CPINCharoen Pokphand Indonesia Tbk82.40T41.94T 60.56T 2.42T 34.082.84
INDFIndofood Sukses Makmur Tbk54.00T188.81T 113.90T 8.80T 6.140.92
MYORMayora Indah Tbk51.43T23.42T 31.33T 2.88T 17.833.71
CMRYPT Cisarua Mountain Dairy Tbk38.96T6.59T 7.36T 1.15T 33.926.87
FAPAPT FAP Agri Tbk19.24T8.54T 4.88T 0.28T 69.775.03
Competitiveness Recap of STTP stock
WeightNotesScore
High
At a market cap of IDR 13,231.00 billion, STTP.JK ranks 10 in Market Cap out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
High
At a PE of 14.85, STTP.JK ranks 7 out of 10 companies in the Consumer Non-Cyclicals sector for P/E value. The average PE is 41.34 (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. In this regard, it trails behind sector leaders such as PT Pantai Indah Kapuk Dua Tbk. (228.83) in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a PE of 14.85, STTP.JK is trading at a higher PE than that of its subsector peers in Food & Beverage (median of 11.59). false
Max 2
Medium
At a revenue of IDR 4.98 trillion, STTP.JK ranks 9 in Revenue out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.89 trillion, STTP.JK ranks 9 in Profit out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2

Future

Future Growth of STTP

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 STTP at the moment.
Future growth prospect of STTP
WeightNotesScore
High
STTP'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 13.07% in 2024. This number is higher than the previous year 2023's growth rate of 4.87%. This bodes well for STTP's revenue growth prospects in the next 2 years. ●●
Max 3
Medium
The Food & Beverage sub-sector is projected to increase earnings by 57.78% in 2024. This number is higher than the previous year 2023's EPS growth of 39.28%. This bodes well for STTP's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
STTP 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 63.95% in 2024 while revenue growth is projected to increase by 17.26%. These macroeconomic trends will likely be a tailwind for STTP's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Armin15.2 years
Suwanto
Director
Heng Hok Soei/Shindo Sumidomo
Director
NamePositionShares%
Juwita WijayaPresident Commissioner1,145,8000.09
Shindo SumidomoDirector40,605,0003.1
Expressed in millions IDR, unless otherwise stated

Ownership

STTP Ownership

Others
40.05%
Insiders
59.95%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt. Shindo Tiara Tunggal743,600,50056.767,510.37B
Public (Scripless)523,969,700405,292.09B
Shindo Sumidomo40,605,0003.1410.11B
Juwita Wijaya1,145,8000.0911.57B
Public (Scrip)679,0000.056.86B
No data is available for STTP at the moment.