Surya Toto Indonesia Tbk

toto

Overview

TOTO Overview

PT Surya Toto Indonesia Tbk is an Indonesia-based company engaged in manufacturing and selling sanitary, fittings and kitchen system products and other activities related to those products. The Company’s product categories include sanitary, fitting, kitchen system, and accessories. Its sanitary products include closet, lavatories, urinal, bidet, and others. Its fitting products consists of faucet, shower, and others. Its kitchen system offers products, including kitchen system, bathtubs, wardrobe, and vanity. It offers a range of accessories, such as tissue holder, soap holder, and towel hanger. The Company’s products are exported to other countries, such as Malaysia, the United States, Barbados, Japan, Korea, Hong Kong, China, Taiwan, Brunei, Singapore, Kuwait, United Arab Emirates, England, France, and others. The Company has various showrooms in Jl. Letjen S. Parman Kav. 81, West Jakarta and in Jl. Panglima Polim No. 56, South Jakarta.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: TOTO

Development
Market Cap.
IDR 2.31Trillion

~$147.12M USD

Industry
Building Products & Fixtures
Sub-Industry
Building Products & Fixtures
Sector
Industrials

Valuation

TOTO Valuation Metrics

220

IDR

Closing Price on 2024-04-05

Price to Equity

8.54

P/E

At 8.54x P/E TTM, TOTO.JK is trading in line with its peers in the Industrial Goods sector.

Price to Book

0.97

P/B

At 0.97x P/B TTM, TOTO.JK is trading at a premium to its peers in the Industrial Goods sector (avg 0.7x).

Price to Sales

1.12

P/S

At 1.12x P/S TTM, TOTO.JK is trading at a premium to its peers in the Industrial Goods sector (avg 0.6x).

Valuing Surya Toto Indonesia Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Surya Toto Indonesia Tbk relative to other stocks in the Industrial Goods sector

Price/Cash Flow
11.00x
Price/Forward Earnings
17.32x
Enterprise Value/Revenue
1.12x
Enterprise Value/EBITDA
5.79x
PEG Ratio
-0.48x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR2202024-04-05
IDR 248.17

Slightly Higher Intrinsic Value: Analyst's intrinsic value is of TOTO is IDR248, which is 14% higher than TOTO's last closing price of IDR220 (as of 2024-04-05).

Valuation Recap of TOTO 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 8.54x is above the ID market average of 8.22x but is trading in a P/E range similar to its peers in the Industrial Goods sector (8.04x).
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 0.97x is similar to the peers average of 0.67x in the Industrial 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 1.12x is similar to the peers average of 0.64x in the Industrial Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of TOTO's valuation relative to its current sales and future earnings growth. TOTO trades at a Forward P/E ratio of 17.32x, which is considered richly valued by analysts.
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. TOTO's P/CF ratio of 11.00x is considered a relatively high ratio 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. TOTO's EV/R ratio of 1.12x is considered extremely underpriced by the market The average EV/R ratio for the Industrial Goods sector is 1.04x. ●●
Max 3
Medium
Slightly Higher Intrinsic Value: Analyst's intrinsic value is of TOTO is IDR 248.17, which is 14% higher than TOTO's last closing price of IDR 220.00.●●
Max 3

Peers

TOTO 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
ASIIAstra International Tbk213.55T442.98T 320.94T 31.31T 6.821.12
UNTRUnited Tractors Tbk91.70T153.14T 129.67T 20.49T 4.481.23
IMPCPT Impack Pratama Industri Tbk20.40T3.44T 2.87T 0.44T 46.179.35
BNBRBakrie & Brothers Tbk8.00T20.10T 4.37T 0.27T 29.913.86
ARNAArwana Citramulia Tbk5.39T2.58T 2.43T 0.47T 11.463.07
HEXAHexindo Adiperkasa Tbk5.25T6.93T 10.44T 0.91T 5.752.18
BHITPT MNC Asia Holding Tbk4.18T70.97T 18.39T 0.64T 6.520.24
MARKPT Mark Dynamics Indonesia Tbk.3.39T0.92T 0.49T 0.12T 27.324.21
SKRNPT Superkrane Mitra Utama Tbk2.75T3.13T 0.94T 0.17T 15.702.94
MLIAMulia Industrindo Tbk2.66T6.80T 4.79T 0.58T 4.610.56
Competitiveness Recap of TOTO stock
WeightNotesScore
High
At a market cap of IDR 2,311.67 billion, TOTO.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of 8.54, TOTO.JK ranks 6 out of 10 companies in the Industrials sector for P/E value. The average PE is 16.27 (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 Industrials. In this regard, it trails behind sector leaders such as PT Impack Pratama Industri Tbk (46.17) in the Industrials sector.
Max 2
Medium
At a PE of 8.54, TOTO.JK is trading at a higher PE than that of its subsector peers in Industrial Goods (median of 8.04). false
Max 2
Medium
At a revenue of IDR 2.07 trillion, TOTO.JK ranks 8 in Revenue out of 10 companies in the Industrials sector.
Max 2
Medium
At a profit of IDR 0.27 trillion, TOTO.JK ranks 7 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of TOTO

Growth Forecasts

Sector Revenue Growth
-3.8%
Industrial Goods
Indonesia Market Growth
+12.0%
IDX overall growth
Industrial Goods Sector Revenue Growth '24
-4.0%
Industrials Sector Revenue Growth '24
+3.0%

Sector Benchmark

Industrial Goods companies in Indonesia are shrinking at a projected rate of -3.82% against the IDX average of +12.0%.

Industrial Goods sector overview

TOTO Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of TOTO
WeightNotesScore
High
TOTO's projected growth rate of -3.82% is below the ID market average of 11.98%.●●●
Max 3
High
The Industrial Goods sub-sector is projected to shrink revenue by -4.05% in 2024. This number is lower than the previous year 2023's growth rate of 1.64%. false
Max 3
Medium
The Industrial Goods sub-sector is projected to decrease earnings by -15.66% in 2024. This number is lower than the previous year 2023's EPS growth of -3.86%. false
Max 3
Medium
TOTO and its peers in the Industrial Goods sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to increase by 2.83% in 2024 while revenue growth is projected to increase by 2.96%. These macroeconomic trends will likely be a headwind for TOTO's earnings growth prospects in the next 2 years.
Max 3
Loading...
Loading...

Management

Executive Management

President Director

Hanafi Atmadiredja15.2 years

Vice President Director

Hiroshi Tomonari15.4 years
Juliawan Sari
Director
Ng Agus Setiawan
Director
Jun Hanaoka
Director
Ferry Prajogo
Director
Cin Chin
Director
Satoshi Horiuchi
Director
Tatsuhiko Yasaka
Director
Anton Budiman
Director
NamePositionShares%
No data is available for TOTO at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

TOTO Ownership

Others
7.45%
Insiders
92.46%
Institutions
0.09%
NameNumber of SharesOwnership (%)Value
Toto Limited3,911,546,80037.9860.54B
Multifortuna Asindo3,045,048,25029.51669.91B
Suryaparamitra Abadi2,584,908,65025.05568.68B
Public (Scripless)750,018,9907.27165.00B
Public (Scrip)28,477,3100.276.27B

Largest Institutional Buy

No data is available for TOTO at the moment.

Largest Institutional Sell

Pharus Management Lux S.A.
Sold 31-01-2024
-1,100,000 shares

Institutional Transactions

Tracking institutional transactions buying / selling of TOTO stock