Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 65.8x --> heavy shareholder buying
• There were 3 names of substantial holders buying
• Top 3 buyers were: ['PT. Harkatjaya Bumipersada', 'Salween Investment Private Limited', 'PT. Adi Pratama Nusantara']
• Total bought value in the last 6 months: IDR 129.0 billion

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 71.7x --> heavy shareholder selling, beware of stock overhang!
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +0.16%
• In the last 6 months: out of 13,335 million shares sold: 357 million shares came from Foreign holders
• Foreign holders had been net selling 6 months out of the last 6 months time period

Green Flags

• Current EBITDA 222.7 B is sufficient to cover current Interest Exp -37.4 B
• Total EBITDA 3,455.2 B is sufficient to cover Total Interest Exp -291.3 B in the last 8 quarters
• 6 months Net Profit growing 94.0% compared to last year

Red Flags

• Multiple quarters of (-) Net Income
• Top line decreased by -29.9% in latest Q1 '26 quarter

Green Flags

• Current Ratio: 2.9x with an avg of 3.1x over 8 quarters

Red Flags

• Annual avg shares o/s increase: 3.0%
• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters
• In the last 4 quarters: 1 occurence of Receivables growing 11.8x of Sales growth

Green Flags

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

Red Flags