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 72.9x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Uob Kay Hian PT. Ltd', 'Gusti Sabah Binte Zakaria Bagharib']
• Total sold value in the last 6 months: IDR -38.6 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +24.69%
• In the last 6 months: out of 101,881 million shares sold: 41 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 14.1 B is sufficient to cover current Interest Exp -0.6 B
• Total EBITDA 94.4 B is sufficient to cover Total Interest Exp -1.5 B in the last 8 quarters

Red Flags

• Significant Non-Operating Loss: -7.7% of Revenue in latest Q4 '25 quarter
• Significant Non-Operating Loss: -27.4% of Net Income in latest Q4 '25 quarter

Green Flags

Red Flags

• Increasing DER for 4 consecutive quarters
• Current Ratio < 1x --> weak balance sheet

Green Flags

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

Red Flags