Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 2.5x --> shareholder buying detected
• There were 5 names of substantial holders buying
• Top 3 buyers were: ['Uob Kay Hian PT. Ltd A/C Kstar Capital PT. Ltd', 'Yentoro', 'Ronald Adrianta']
• Total bought value in the last 6 months: IDR 4.8 billion
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.05%
• In the last 6 months: out of 54 million shares bought: 23 million shares came from Foreign holders
• 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 4.1x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Uob Kay Hian PT. Ltd', 'PT. Persada Inti Sejahtera']
• Total sold value in the last 6 months: IDR -7.9 billion
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Total EBITDA 38.9 B is sufficient to cover Total Interest Exp -8.1 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• Top line decreased by -16.6% in latest Q1 '26 quarter
• Current EBITDA 0.0 B insufficient to cover current Interest Exp -1.3 B

Green Flags

Red Flags

• Increasing DER for 4 consecutive quarters
• Annual avg shares o/s increase: 6.7%
• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 1 occurence of Receivables growing 7.8x of Sales growth

Green Flags

Red Flags

• Negative Net Profit with positive Operating CF --> check Noise and other Operating Losses