Financial Analysis Center

Deep dive into the financial statements for TOBA.

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Red Flag / Green Flag Analysis

Green Flags
  • Within 6 months timeframe: total Bought value compared to average transaction value is 1.7x --> shareholder buying detected
  • There were 5 names of substantial holders buying
  • Top 3 buyers were: ['Dicky Yordan', 'Pandu Patria Sjahrir', 'Alvin Firman Sunanda']
  • Total bought value in the last 6 months: IDR 79.3 billion
  • There were: 1x monthly occurence of decrease in public holding --> buying activity
  • Net public holding change within the past 6 months: -0.78%
  • In the last 6 months: out of 6,441 million shares bought: 19 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 3.2x --> heavy shareholder selling, beware of stock overhang!
  • There were 2 names of substantial holders selling
  • Top 2 sellers were: ['Bintang Bara B.V.', 'Treasury Shares']
  • Total sold value in the last 6 months: IDR -151.2 billion
  • Foreign holders had been net selling 3 months out of the last 6 months time period
Green Flags
  • Current EBITDA 318.8 B is sufficient to cover current Interest Exp -47.9 B
  • Total EBITDA 1,379.6 B is sufficient to cover Total Interest Exp -994.2 B in the last 8 quarters
Red Flags
  • Multiple quarters of (-) Net Income
  • Top line decreased by -32.1% in latest Q4 '25 quarter
  • Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -2,586.0%
Green Flags
  • Current Ratio: 1.1x with an avg of 1.5x over 8 quarters
Red Flags
  • Increasing DER for 4 consecutive quarters
Green Flags
Red Flags
  • Negative Net Profit with positive Operating CF --> check Noise and other Operating Losses

Income Statement Breakdown

Common size breakdown of the income statement.

Revenue vs. Expenses Breakdown

A detailed breakdown of revenue sources and expense categories.

Income Statement Flow (Sankey)

Shows the flow from top-line revenue to bottom-line net profit.

Foreign Flow (in Shares)

Net flow of foreign funds into the stock.

Balance Sheet Breakdown

Bubble size is proportional to the value of each balance sheet account.