PT Timah Tbk.

Overview

TINS Overview

PT TIMAH Tbk is an Indonesia-based company, which is engaged in the business of mining, industry, trading, transportation and services related to the mining business. It operates through five segments. The tin mining segment consists of its operations, which is involved in tin mining and smelting. The industry segment consists of its subsidiary, PT Timah Industri, which is involved in tin chemical and tin solder production. The construction segment consists of its subsidiary, PT Dok dan Perkapalan Air Kantung, which is involved in workshop, construction and shipping dockyard services. The coal mining segment is primarily from the operations of PT Tanjung Alam Jaya, which is involved in coal mining and trading. The other segment is primarily from the trading of real estate, nickel sales, and reclamation services. The operation of PT Timah Karya Persada Properti, PT Timah Investasi Mineral and PT Timah Agro Manunggal are in properties, nickel mining and reclamation services respectively.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: TINS

Main
Market Cap.
IDR 7.71Trillion

~$473.32M USD

Industry
Metals & Minerals
Sub-Industry
Diversified Metals & Minerals
Sector
Basic Materials
Sub-Sector

Valuation

TINS Valuation Metrics

1,035

IDR
-3.7%

Closing Price on 2024-07-18

Price to Equity

-16.39

P/E

At -16.39x P/E TTM, TINS.JK has a negative P/E ratio, most commonly seen in loss-making companies.

Price to Book

1.21

P/B

At 1.21x P/B TTM, TINS.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Price to Sales

0.93

P/S

At 0.93x P/S TTM, TINS.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing PT Timah Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Basic Materials sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Timah Tbk. relative to other stocks in the Basic Materials sector

Price/Cash Flow40.73x
Price/Forward Earnings10.25x
Enterprise Value/Revenue1.22x
Enterprise Value/EBITDA-41.43x
PEG Ratio0.40x

Intrinsic Value

Last closing: IDR1,0352024-07-18
IDR 93.64

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TINS is IDR94, which is 90% lower than TINS's last closing price of IDR1,035 (as of 2024-07-18).

Valuation Recap of TINS 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. Unfortunately, the P/E ratio for TINS is negative, commonly seen in companies that are still in the growth phase and have not yet turned a profit. Sometimes, negative P/E ratios can occur due to one-time write-offs or accounting adjustments that affect earnings temporarily. However, sustained negative earnings usually reflect ongoing operational losses.

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 1.21x is above the peers average of 0.75x in the Basic Materials 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 0.93x is similar to the peers average of 0.78x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of TINS's valuation relative to its current sales and future earnings growth. TINS trades at a Forward P/E ratio of 10.25x, which is considered fairly undervalued by analysts.

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. TINS's P/CF ratio of 40.73x is considered a relatively high ratio 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. TINS's EV/R ratio of 1.22x is considered extremely underpriced by the market. The average EV/R ratio for the Basic Materials sector is 1.12x.

Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of TINS is IDR 93.64, which is 90% lower than TINS's last closing price of IDR 1,035.00.

Peers

TINS 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
TPIAPT Chandra Asri Pacific Tbk819.70T85.40T 32.94T -1.18T -697.2019.04
AMMNPT Amman Mineral Internasional Tbk.815.83T156.74T 23.23T 4.99T 163.6110.99
BRPTBarito Pacific Tbk101.21T159.72T 42.22T 0.17T 584.883.73
MBMAPT Merdeka Battery Materials Tbk66.96T52.49T 16.68T 0.14T 489.882.74
NCKLPT Trimegah Bangun Persada Tbk.58.68T48.39T 19.65T 3.88T 15.142.36
MDKAPT Merdeka Copper Gold Tbk.57.11T78.26T 31.60T -0.59T -97.013.74
INKPIndah Kiat Pulp & Paper Tbk46.50T164.67T 49.97T 6.33T 7.340.48
INCOVale Indonesia Tbk40.37T45.32T 19.09T 4.25T 9.501.02
ANTMAneka Tambang Tbk.33.04T41.21T 38.08T 1.65T 19.991.07
BRMSBumi Resources Minerals Tbk22.40T17.90T 0.74T 0.19T 121.031.19
Competitiveness Recap of TINS stock
WeightNotesScore
High
At a market cap of IDR 7,708.42 billion, TINS.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of -16.39, TINS.JK ranks 8 out of 10 companies in the Basic Materials sector for P/E value. The average PE is 47.97 (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 Basic Materials. In this regard, it trails behind sector leaders such as Barito Pacific Tbk (584.88) in the Basic Materials sector.

Medium
At a PE of -16.39, TINS.JK is trading at a lower PE than that of its subsector peers in Basic Materials (median of 7.87). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.

Medium
At a revenue of IDR 8.28 trillion, TINS.JK ranks 10 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of -IDR 0.47 trillion, TINS.JK ranks 8 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of TINS

Growth Forecasts

Analyst Ratings

Based on ratings from 2 analysts for TINS over the past 3 months.

Strong Buy

Strong Buy

100.0%

Buy

0.0%

Hold

0.0%

Sell

0.0%

Strong Sell

0.0%

Last Update: 2024-07-10

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 16.97% against the IDX average of +13.8%.

Basic Materials sector overview

TINS Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of TINS
WeightNotesScore
High
TINS's projected growth rate of 16.97% is above the ID market average of 13.82%.

High
The Basic Materials sub-sector is projected to grow revenue by 18.57% in 2025. This number is higher than the previous year 2024's growth rate of 14.72%. This bodes well for TINS's revenue growth prospects in the next 2 years.

Medium
The Basic Materials sub-sector is projected to decrease earnings by -161.49% in 2025. This number is lower than the previous year 2024's EPS growth of -94.01%. false

Medium
TINS and its peers in the Basic Materials sub-sector belongs to the Basic Materials sector. Companies in the Basic Materials sector are projected to have a challenging year heading into 2025. Specifically, earnings are projected to decrease by -161.49% in 2025 while revenue growth is projected to increase by 18.57%. These macroeconomic trends will likely be a headwind for TINS's earnings growth prospects in the next 2 years.

Technical

Daily Technical Ratings of TINS

Oscillators

Neutral

Sell

1

Neutral

9

Buy

1

Summary

Buy

Sell

3

Neutral

10

Buy

13

Moving Averages

Strong Buy

Sell

2

Neutral

1

Buy

12

Summary

Technical Ratings of TINS
IndicatorSummarySellNeutralBuy
SummaryBuy31013
OscillatorsNeutral191
Moving AveragesStrong Buy2112

Last Update: 2024-07-19

Loading...
Loading...

Management

Executive Management

President Director

Ahmad Dani Virsal15.2 years
Fina ElianiDirector
Nur Adi KuncoroDirector
Dicky Octa ZahriadiDirector
Hendra Kusuma WardanaDirector
NamePositionShares%Stock Value
(in Billion IDR)
No data is available for TINS at the moment.

Ownership

TINS Ownership

NameNumber of SharesOwnership (%)Value
Pt Mineral Industri Indonesia (Persero)4,841,053,951655,010.49B
Public (Scripless)2,603,772,37434.962,694.90B
Public (Scrip)2,927,1280.043.03B

Largest Institutional Buy

Fisher Investments CA
Bought 31-01-2024
+1,090,400 shares
Advanced Series Trust
Bought 31-01-2024
+162,800 shares
Vanguard Investments Australia Ltd
Bought 31-01-2024
+455 shares

Largest Institutional Sell

WisdomTree Asset Management Inc
Sold 31-01-2024
-17,327,300 shares
State Street Global Advisors
Sold 31-01-2024
-14,558,489 shares
PT Eastspring Investment Indonesia
Sold 31-01-2024
-8,349,035 shares

Institutional Transactions

Tracking institutional transactions buying / selling of TINS stock

Sustainability

Environmental, Social, and Governance (ESG) Risk Assessment

The ESG Risk Ratings measure TINS's exposure to industry-specific material ESG risks and how well TINS is managing those risks.

ESG Risk Rating

10
20
30
40
0
100

45.1

Severe Risk

Negligible

Low

Medium

High

Severe

ESG Risk Ranking among Diversified Metals Peers

1st rank = lowest risk

129

/ 243 peers worldwide

Global ESG Risk Ranking

15,582

/ 16,216 all companies worldwide

Controversy Rating

Highest Controversy level that has impacted TINS's ESG Risk Rating in the last 3 years.

Highest Controversy Level

4

High

Low

Severe

Contributing Events

    Operations Incidents

  • Emissions, Effluents and Waste

Last Full Update: 2023-12-20

Last Update: 2024-04-27

Source: Sustainalytics, Inc.

TINS Filings

No noteworthy filings to report on

    Sectors, Indonesia's Financial Data Layer

    We hate spam as much as you do. We do not resell your data.

    Email us at sectors@supertype.ai for enquiries on using Sectors for your organization.

    © 2024 Supertype Pte. Ltd.
    (and subsidiary PT. Supertype Teknologi Nusantara)