Financial Analysis Center

Green Flags

• 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 35.5x --> heavy shareholder selling, beware of stock overhang!
• There were 5 names of substantial holders selling
• Top 3 sellers were: ['PT. Kuantum Akselerasi Indonesia', 'Silvery Moon Investments Ltd', 'PT. Kuantum Akselerasi Indonesiasia']
• Total sold value in the last 6 months: IDR -2,425.1 billion
• There were: 4x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +5.63%
• In the last 6 months: out of 246,312 million shares sold: 105 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 41.3 B is sufficient to cover current Interest Exp -6.5 B
• Total EBITDA 160.4 B is sufficient to cover Total Interest Exp -31.7 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• Significant Non-Operating Loss: -237.8% of Net Income in latest Q1 '26 quarter
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -2,934.0%

Green Flags

• Current Ratio: 2.2x with an avg of 2.6x 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