Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 46.8x --> heavy shareholder buying
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['Darmawan Suryadi Sm', 'Jap Astrid Patricia']
• Total bought value in the last 6 months: IDR 58.5 billion
• Foreign holders had been net buying 1 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 6.0x --> 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: +5.88%
• In the last 6 months: out of 4,695 million shares sold: 4 million shares came from Foreign holders
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Current EBITDA 14.2 B is sufficient to cover current Interest Exp -3.9 B
• Total EBITDA 59.9 B is sufficient to cover Total Interest Exp -14.1 B in the last 8 quarters
• 6 months Net Profit growing 297.0% compared to last year

Red Flags

• Significant Non-Operating Loss: -8.1% of Revenue in latest Q2 '26 quarter
• Significant Non-Operating Loss: -47.2% of Net Income in latest Q2 '26 quarter

Green Flags

Red Flags

• Increasing DER for 4 consecutive quarters
• Annual avg shares o/s increase: 15.4%
• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 1 occurence of Receivables growing 127.0x of Sales growth

Green Flags

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

Red Flags