Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 63.0x --> heavy shareholder buying
• There were 4 names of substantial holders buying
• Top 3 buyers were: ['Sight Investment Company PT. Limited', 'Phua Meng Kuan', 'Mona Kartikasari Jonathan']
• Total bought value in the last 6 months: IDR 207.9 billion
• There were: 2x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.55%
• In the last 6 months: out of 7,153 million shares bought: 30 million shares came from Foreign holders
• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 1,940.7x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Prime Health Company Limited', 'Dr. Grace F. Indradjaja', 'Anang Prayudi']
• Total sold value in the last 6 months: IDR -6,404.3 billion
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 826.6 B is sufficient to cover current Interest Exp -37.3 B
• Total EBITDA 5,628.5 B is sufficient to cover Total Interest Exp -236.3 B in the last 8 quarters

Red Flags

• Significant Non-Operating Loss: -30.2% of Net Income in latest Q3 '25 quarter

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 2 occurence of Receivables growing 8.5x of Sales growth

Green Flags

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

Red Flags