PT Wijaya Karya (Persero) Tbk

wika

Overview

WIKA Overview

PT Wijaya Karya (Persero) Tbk is an integrated engineering, procurement, and construction (EPC) and investment company. Its segments include Infrastructure and Building, Energy and Industrial Plant, Industry, Realty and Property, and Hotels. Infrastructure and Building segment consist of civil construction services, such as general construction and infrastructure example roads, bridges, harbors, airports, dams, irrigation, and building. Energy and Industrial Plant segment consists of energy and EPC construction, field operations and maintenance services of the power plant. Industry segment consisting of a concrete precast of pile, a girder, rail pad, steel construction, automotive spare parts, energy conversion product and mining industry. Realty and Property segment consists of the business landed housing and high rise, such as apartment building and building and condotel management. Hotels segment consists of goods and services provided to hotel guests or hotel restaurant visitors.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: WIKA

Main
Market Cap.
IDR 2.53Trillion

~$158.33M USD

Industry
Heavy Constructions & Civil Engineering
Sub-Industry
Heavy Constructions & Civil Engineering
Sector
Infrastructures

Valuation

WIKA Valuation Metrics

204

IDR
0.0%

Closing Price on 2024-04-17

Price to Equity

-0.36

P/E

At -0.36x P/E TTM, WIKA.JK is trading at a discount to its peers in the Heavy Constructions & Civil Engineering sector.

Price to Book

0.44

P/B

At 0.44x P/B TTM, WIKA.JK is trading at a discount to its peers in the Heavy Constructions & Civil Engineering sector.

Price to Sales

0.11

P/S

At 0.11x P/S TTM, WIKA.JK is trading at a discount to its peers in the Heavy Constructions & Civil Engineering sector.

Valuing PT Wijaya Karya (Persero) Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Heavy Constructions & Civil Engineering sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Wijaya Karya (Persero) Tbk relative to other stocks in the Heavy Constructions & Civil Engineering sector

Price/Cash Flow
-0.88x
Price/Forward Earnings
-1.29x
Enterprise Value/Revenue
1.61x
Enterprise Value/EBITDA
-8.08x
PEG Ratio
0.00x

Analyst Ratings

40
60
80
0
100

50.0

Undervalued

Fairly Valued

Overvalued

Valuation Recap of WIKA 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 -0.36x is below the ID market average of 8.46x and is trading at a discount to peers in the Heavy Constructions & Civil Engineering sector (5.96x).

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 0.44x is similar to the peers average of 0.56x in the Heavy Constructions & Civil Engineering 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 0.11x is similar to the peers average of 0.40x in the Heavy Constructions & Civil Engineering sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of WIKA's valuation relative to its current sales and future earnings growth. WIKA trades at a Forward P/E ratio of -1.29x, 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. WIKA's P/CF ratio of -0.88x is considered healthy 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. WIKA's EV/R ratio of 1.61x is considered fairly underpriced by the market The average EV/R ratio for the Heavy Constructions & Civil Engineering sector is 1.03x.

Peers

WIKA 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
BRENPT Barito Renewables Energy Tbk.1,060.25T54.35T 9.22T 1.66T 637.21154.12
TLKMPT Telkom Indonesia (Persero) Tbk321.95T286.59T 149.22T 24.43T 13.182.37
ISATPT Indosat Tbk86.27T114.72T 51.23T 4.51T 19.142.81
PGEOPT Pertamina Geothermal Energy Tbk51.03T45.91T 6.29T 2.53T 20.141.67
MTELPT Dayamitra Telekomunikasi Tbk49.16T57.01T 8.59T 2.01T 24.451.44
SUPRSolusi Tunas Pratama Tbk44.51T9.89T 1.89T 1.13T 39.457.79
TOWRSarana Menara Nusantara Tbk40.09T68.42T 11.74T 3.25T 12.322.44
TBIGPT Tower Bersama Infrastructure Tbk39.05T46.97T 6.64T 1.56T 25.033.33
JSMRPT Jasa Marga Tbk38.10T129.31T 21.32T 6.79T 5.611.37
WSKTPT Waskita Karya (Persero) Tbk5.82T95.60T 10.95T -3.77T -1.541.10
Competitiveness Recap of WIKA stock
WeightNotesScore
High
At a market cap of IDR 2,533.46 billion, WIKA.JK ranks 10 in Market Cap out of 10 companies in the Infrastructures sector.

High
At a PE of -0.36, WIKA.JK ranks 10 out of 10 companies in the Infrastructures sector for P/E value. The average PE is 79.62 (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 Infrastructures. In this regard, it trails behind sector leaders such as PT Barito Renewables Energy Tbk. (637.21) in the Infrastructures sector.

Medium
At a PE of -0.36, WIKA.JK is trading at a lower PE than that of its subsector peers in Heavy Constructions & Civil Engineering (median of 5.96). 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 22.53 trillion, WIKA.JK ranks 3 in Revenue out of 10 companies in the Infrastructures sector.

Medium
At a profit of -IDR 7.13 trillion, WIKA.JK ranks 10 in Profit out of 10 companies in the Infrastructures sector.

Future

Future Growth of WIKA

Growth Forecasts

WIKA 2024 Revenue Growth
+19.8%
WIKA 2024 EPS Growth
0.0%
Sector Revenue Growth
+18.3%
Heavy Constructions & Civil Engineering
Indonesia Market Growth
+7.6%
IDX overall growth
Heavy Constructions & Civil Engineering Sector Revenue Growth '24
+27.3%
Infrastructures Sector Revenue Growth '24
+6.2%

Sector Benchmark

Heavy Constructions & Civil Engineering companies in Indonesia are growing at a projected rate of 18.29% against the IDX average of +7.6%.

Heavy Constructions & Civil Engineering sector overview

WIKA Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of WIKA
WeightNotesScore
High
WIKA's projected growth rate of 18.29% is above the ID market average of 7.62%.

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Management

Executive Management

President Director

Agung Budi Waskito15.2 years
Adityo Kusumo
Director
Rudy Hartono
Director
Hadjar Seti Adji
Director
Hananto Aji
Director
Harum Akhmad Zuhdi
Director
Ayu Widya Kiswari
Director
NamePositionShares%
Agung Budi WaskitoPresident Director184,200< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

WIKA Ownership

Others
23.11%
Insiders
71.75%
Institutions
5.14%
NameNumber of SharesOwnership (%)Value
Republic Of Indonesia5,834,850,00065.051,190.31B
Public3,134,001,37234.94639.34B
Treasury Stock1,100,0000.010.22B

Largest Institutional Buy

Pheim Unit Trusts Berhad
Bought 31-01-2024
+1,800,000 shares
Vanguard Investments Australia Ltd
Bought 31-01-2024
+437 shares
The Bank Of New York Mellon Corporation
Bought 31-01-2024
+272 shares

Largest Institutional Sell

Public Mutual Berhad
Sold 31-01-2024
-19,650,000 shares
State Street Global Advisors
Sold 31-01-2024
-11,714,896 shares
Northern Trust Investments Inc
Sold 31-01-2024
-5,709,880 shares

Institutional Transactions

Tracking institutional transactions buying / selling of WIKA stock