PT Budi Starch & Sweetener Tbk Logo

PT Budi Starch & Sweetener Tbk

BUDI.JK

(2.5)
Stock Price

230 IDR

2.17% ROA

5.67% ROE

12.69x PER

Market Cap.

1.043.768.000.000 IDR

91.58% DER

4.31% Yield

2.14% NPM

PT Budi Starch & Sweetener Tbk Stock Analysis

PT Budi Starch & Sweetener Tbk Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

PT Budi Starch & Sweetener Tbk Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.81x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

3 ROE

The stock's ROE falls within an average range (7.66%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (3.21%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock maintains a fair debt to equity ratio (97%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (9.115), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

PT Budi Starch & Sweetener Tbk Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

PT Budi Starch & Sweetener Tbk Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

PT Budi Starch & Sweetener Tbk Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

PT Budi Starch & Sweetener Tbk Revenue
Year Revenue Growth
2008 1.551.987.000.000
2009 1.782.132.000.000 12.91%
2010 2.124.381.000.000 16.11%
2011 2.503.984.000.000 15.16%
2012 2.295.369.000.000 -9.09%
2013 2.568.954.000.000 10.65%
2014 2.284.211.000.000 -12.47%
2015 2.378.805.000.000 3.98%
2016 2.467.553.000.000 3.6%
2017 2.510.578.000.000 1.71%
2018 2.647.193.000.000 5.16%
2019 3.003.768.000.000 11.87%
2020 2.725.866.000.000 -10.19%
2021 3.374.782.000.000 19.23%
2022 3.382.326.000.000 0.22%
2023 4.929.856.000.000 31.39%
2023 3.944.953.000.000 -24.97%
2024 3.535.996.000.000 -11.57%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

PT Budi Starch & Sweetener Tbk Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

PT Budi Starch & Sweetener Tbk General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 51.797.000.000
2009 61.362.000.000 15.59%
2010 60.420.000.000 -1.56%
2011 69.257.000.000 12.76%
2012 9.614.000.000 -620.38%
2013 12.834.000.000 25.09%
2014 9.045.000.000 -41.89%
2015 5.190.000.000 -74.28%
2016 77.194.000.000 93.28%
2017 10.333.000.000 -647.06%
2018 10.048.000.000 -2.84%
2019 7.690.000.000 -30.66%
2020 7.546.000.000 -1.91%
2021 10.306.000.000 26.78%
2022 8.974.000.000 -14.84%
2023 12.148.000.000 26.13%
2023 9.699.000.000 -25.25%
2024 13.968.000.000 30.56%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

PT Budi Starch & Sweetener Tbk EBITDA
Year EBITDA Growth
2008 135.495.000.000
2009 153.876.000.000 11.95%
2010 134.750.000.000 -14.19%
2011 179.470.000.000 24.92%
2012 82.417.000.000 -117.76%
2013 147.951.000.000 44.29%
2014 162.629.000.000 9.03%
2015 168.304.000.000 3.37%
2016 171.661.000.000 1.96%
2017 187.387.000.000 8.39%
2018 224.767.000.000 16.63%
2019 241.874.000.000 7.07%
2020 213.726.000.000 -13.17%
2021 267.386.000.000 20.07%
2022 262.716.000.000 -1.78%
2023 263.648.000.000 0.35%
2023 455.499.000.000 42.12%
2024 450.124.000.000 -1.19%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

PT Budi Starch & Sweetener Tbk Gross Profit
Year Gross Profit Growth
2008 220.439.000.000
2009 261.257.000.000 15.62%
2010 242.776.000.000 -7.61%
2011 316.301.000.000 23.25%
2012 203.499.000.000 -55.43%
2013 307.723.000.000 33.87%
2014 277.211.000.000 -11.01%
2015 220.581.000.000 -25.67%
2016 274.260.000.000 19.57%
2017 347.799.000.000 21.14%
2018 350.073.000.000 0.65%
2019 380.876.000.000 8.09%
2020 354.215.000.000 -7.53%
2021 442.203.000.000 19.9%
2022 413.577.000.000 -6.92%
2023 441.096.000.000 6.24%
2023 437.735.000.000 -0.77%
2024 346.304.000.000 -26.4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

PT Budi Starch & Sweetener Tbk Net Profit
Year Net Profit Growth
2008 32.981.000.000
2009 146.415.000.000 77.47%
2010 46.130.000.000 -217.4%
2011 59.128.000.000 21.98%
2012 5.049.000.000 -1071.08%
2013 10.789.000.000 53.2%
2014 27.912.000.000 61.35%
2015 19.602.000.000 -42.39%
2016 33.651.000.000 41.75%
2017 41.078.000.000 18.08%
2018 48.064.000.000 14.53%
2019 61.228.000.000 21.5%
2020 62.496.000.000 2.03%
2021 83.283.000.000 24.96%
2022 88.961.000.000 6.38%
2023 86.324.000.000 -3.05%
2023 100.802.000.000 14.36%
2024 43.052.000.000 -134.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

PT Budi Starch & Sweetener Tbk Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 9
2009 39 76.92%
2010 12 -225%
2011 16 20%
2012 1 -1400%
2013 3 50%
2014 7 66.67%
2015 5 -50%
2016 8 42.86%
2017 9 22.22%
2018 11 10%
2019 14 23.08%
2020 14 0%
2021 19 27.78%
2022 20 5.26%
2023 19 0%
2023 22 13.64%
2024 10 -144.44%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

PT Budi Starch & Sweetener Tbk Free Cashflow
Year Free Cashflow Growth
2008 -213.011.000.000
2009 -101.396.000.000 -110.08%
2010 10.548.000.000 1061.28%
2011 -111.091.000.000 109.49%
2012 -181.825.000.000 38.9%
2013 -21.960.000.000 -727.98%
2014 -245.688.000.000 91.06%
2015 -101.999.000.000 -140.87%
2016 168.769.000.000 160.44%
2017 -50.925.000.000 431.41%
2018 -123.656.000.000 58.82%
2019 203.716.000.000 160.7%
2020 127.490.000.000 -59.79%
2021 137.048.000.000 6.97%
2022 18.176.000.000 -654.01%
2023 88.482.000.000 79.46%
2023 91.760.000.000 3.57%
2024 62.884.000.000 -45.92%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

PT Budi Starch & Sweetener Tbk Operating Cashflow
Year Operating Cashflow Growth
2008 0
2009 0 0%
2010 157.306.000.000 100%
2011 74.060.000.000 -112.4%
2012 1.646.000.000 -4399.39%
2013 222.244.000.000 99.26%
2014 68.190.000.000 -225.92%
2015 96.860.000.000 29.6%
2016 287.744.000.000 66.34%
2017 69.285.000.000 -315.3%
2018 26.016.000.000 -166.32%
2019 271.140.000.000 90.4%
2020 193.682.000.000 -39.99%
2021 233.809.000.000 17.16%
2022 127.989.000.000 -82.68%
2023 103.478.000.000 -23.69%
2023 190.851.000.000 45.78%
2024 89.849.000.000 -112.41%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

PT Budi Starch & Sweetener Tbk Capital Expenditure
Year Capital Expenditure Growth
2008 213.011.000.000
2009 101.396.000.000 -110.08%
2010 146.758.000.000 30.91%
2011 185.151.000.000 20.74%
2012 183.471.000.000 -0.92%
2013 244.204.000.000 24.87%
2014 313.878.000.000 22.2%
2015 198.859.000.000 -57.84%
2016 118.975.000.000 -67.14%
2017 120.210.000.000 1.03%
2018 149.672.000.000 19.68%
2019 67.424.000.000 -121.99%
2020 66.192.000.000 -1.86%
2021 96.761.000.000 31.59%
2022 109.813.000.000 11.89%
2023 14.996.000.000 -632.28%
2023 99.091.000.000 84.87%
2024 26.965.000.000 -267.48%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

PT Budi Starch & Sweetener Tbk Equity
Year Equity Growth
2008 648.691.000.000
2009 783.192.000.000 17.17%
2010 802.547.000.000 2.41%
2011 811.031.000.000 1.05%
2012 854.135.000.000 5.05%
2013 885.121.000.000 3.5%
2014 913.351.000.000 3.09%
2015 1.105.251.000.000 17.36%
2016 1.164.982.000.000 5.13%
2017 1.194.700.000.000 2.49%
2018 1.226.484.000.000 2.59%
2019 1.285.318.000.000 4.58%
2020 1.322.156.000.000 2.79%
2021 1.387.697.000.000 4.72%
2022 1.445.037.000.000 3.97%
2023 1.484.109.000.000 2.63%
2023 1.591.327.000.000 6.74%
2024 1.609.151.000.000 1.11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

PT Budi Starch & Sweetener Tbk Assets
Year Assets Growth
2008 1.698.750.000.000
2009 1.598.824.000.000 -6.25%
2010 1.967.633.000.000 18.74%
2011 2.123.285.000.000 7.33%
2012 2.299.672.000.000 7.67%
2013 2.382.875.000.000 3.49%
2014 2.476.982.000.000 3.8%
2015 3.265.953.000.000 24.16%
2016 2.931.807.000.000 -11.4%
2017 2.939.456.000.000 0.26%
2018 3.392.980.000.000 13.37%
2019 2.999.767.000.000 -13.11%
2020 2.963.007.000.000 -1.24%
2021 2.993.218.000.000 1.01%
2022 3.173.651.000.000 5.69%
2023 3.178.273.000.000 0.15%
2023 3.327.846.000.000 4.49%
2024 3.785.421.000.000 12.09%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

PT Budi Starch & Sweetener Tbk Liabilities
Year Liabilities Growth
2008 1.050.059.000.000
2009 815.632.000.000 -28.74%
2010 1.165.086.000.000 29.99%
2011 1.312.254.000.000 11.21%
2012 1.445.537.000.000 9.22%
2013 1.497.754.000.000 3.49%
2014 1.563.631.000.000 4.21%
2015 2.160.702.000.000 27.63%
2016 1.766.825.000.000 -22.29%
2017 1.744.756.000.000 -1.26%
2018 2.166.496.000.000 19.47%
2019 1.714.449.000.000 -26.37%
2020 1.640.851.000.000 -4.49%
2021 1.605.521.000.000 -2.2%
2022 1.728.614.000.000 7.12%
2023 1.694.164.000.000 -2.03%
2023 1.736.519.000.000 2.44%
2024 2.176.270.000.000 20.21%

PT Budi Starch & Sweetener Tbk Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
855.27
Net Income per Share
18.28
Price to Earning Ratio
12.69x
Price To Sales Ratio
0.27x
POCF Ratio
6.58
PFCF Ratio
27.34
Price to Book Ratio
0.7
EV to Sales
0.6
EV Over EBITDA
6.31
EV to Operating CashFlow
14.61
EV to FreeCashFlow
60.71
Earnings Yield
0.08
FreeCashFlow Yield
0.04
Market Cap
1.044 Bil.
Enterprise Value
2.318 Bil.
Graham Number
367.95
Graham NetNet
-150.94

Income Statement Metrics

Net Income per Share
18.28
Income Quality
1.93
ROE
0.06
Return On Assets
0.02
Return On Capital Employed
0.11
Net Income per EBT
0.77
EBT Per Ebit
0.46
Ebit per Revenue
0.06
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.11
Operating Profit Margin
0.06
Pretax Profit Margin
0.03
Net Profit Margin
0.02

Dividends

Dividend Yield
0.04
Dividend Yield %
4.31
Payout Ratio
0.33
Dividend Per Share
10

Operating Metrics

Operating Cashflow per Share
35.26
Free CashFlow per Share
8.49
Capex to Operating CashFlow
0.76
Capex to Revenue
0.03
Capex to Depreciation
0.55
Return on Invested Capital
0.07
Return on Tangible Assets
0.02
Days Sales Outstanding
129.29
Days Payables Outstanding
54.01
Days of Inventory on Hand
77.9
Receivables Turnover
2.82
Payables Turnover
6.76
Inventory Turnover
4.69
Capex per Share
26.77

Balance Sheet

Cash per Share
24,63
Book Value per Share
357,67
Tangible Book Value per Share
357.67
Shareholders Equity per Share
329.08
Interest Debt per Share
329.66
Debt to Equity
0.92
Debt to Assets
0.36
Net Debt to EBITDA
3.47
Current Ratio
1.26
Tangible Asset Value
1.609 Bil.
Net Current Asset Value
45 Bil.
Invested Capital
2011218000000
Working Capital
460 Bil.
Intangibles to Total Assets
0
Average Receivables
1.325 Bil.
Average Payables
345 Bil.
Average Inventory
601079000000
Debt to Market Cap
1.3

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

PT Budi Starch & Sweetener Tbk Dividends
Year Dividends Growth
2007 3
2008 9 66.67%
2009 6 -50%
2010 10 33.33%
2011 13 30.77%
2017 3 -550%
2018 4 50%
2019 5 20%
2020 6 16.67%
2021 6 0%
2022 8 25%
2023 14 42.86%
2024 4 -250%

PT Budi Starch & Sweetener Tbk Profile

About PT Budi Starch & Sweetener Tbk

PT Budi Starch & Sweetener Tbk, together with its subsidiaries, produces and sells cassava-based products in Indonesia and internationally. The company offers tapioca and modified tapioca starch for use in food, paper, confectionery, chemicals, and instant noodles; and sweeteners, such as glucose, fructose, sorbitol, and maltodextrine. It also provides polypropylene woven bags for packaging applications; sulfuric acid for use in fertilizer manufacturing industries, rayon, dyes, medicines, detergents, inorganic salts, oil refineries, and metallurgical processes; citric acid and other chemicals; and organic fertilizers. The company was formerly known as PT Budi Acid Jaya Tbk and changed its name to PT Budi Starch & Sweetener Tbk in July 2013. PT Budi Starch & Sweetener Tbk was founded in 1979 and is headquartered in Jakarta Selatan, Indonesia.

CEO
Mr. Santoso Winata
Employee
3.910
Address
Wisma Budi
Jakarta Selatan, 12940

PT Budi Starch & Sweetener Tbk Executives & BODs

PT Budi Starch & Sweetener Tbk Executives & BODs
# Name Age
1 Mr. Tan Anthony Sudirjo
Export Marketing Director & Independent Director
70
2 Ms. Mawarti Wongso
Finance & Administration Director
70
3 Mr. Santoso Winata
President Director
70
4 Mr. Djunaidi Nur
Human Resources & General Affairs Director and Director
70
5 Dr. - Sugandhi LLD
Procurement Director & Director
70
6 Mr. Oey Albert
Production & Domestic Marketing Director and Director
70
7 Mr. Johan Nainggolan
Head of Internal Audit Unit
70
8 Ms. Alice Yuliana
Corporate Secretary
70

PT Budi Starch & Sweetener Tbk Competitors