Financial Analysis Center

Green Flags

• Foreign holders had been net buying 3 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 11.8x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Archipelago Resorts And Hotels Limited', 'Hapsoro', 'PT. Nusantara Utama Investama']
• Total sold value in the last 6 months: IDR -3,495.9 billion
• There were: 1x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +0.82%
• In the last 6 months: out of 16,884 million shares sold: 149 million shares came from Foreign holders
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Current EBITDA 13.7 B is sufficient to cover current Interest Exp -9.4 B
• Total EBITDA 258.6 B is sufficient to cover Total Interest Exp -83.3 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• Top line decreased by -26.2% in latest Q1 '26 quarter
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -127.0%

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 2.7x with an avg of 1.4x over 8 quarters

Red Flags

• Annual avg shares o/s increase: 41.1%

Green Flags

• Net Profit : Operating CF ratio > 0 --> positive Net Profit and positive Operating CF

Red Flags