PT Steel Pipe Industry of Indonesia Tbk Logo

PT Steel Pipe Industry of Indonesia Tbk

ISSP.JK

(2.2)
Stock Price

302 IDR

4.83% ROA

11.29% ROE

5.93x PER

Market Cap.

2.232.647.029.200 IDR

60.86% DER

1.9% Yield

7.72% NPM

PT Steel Pipe Industry of Indonesia Tbk Stock Analysis

PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.48x) suggests it's undervalued, making it an attractive opportunity for investors.

2 ROE

ROE in an average range (7.61%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.31%) 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.

4 DER

The stock has a reasonable amount of debt compared to its ownership (58%), suggesting a balanced financial position and a moderate level of risk.

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (9.194) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

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

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

PT Steel Pipe Industry of Indonesia 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 Steel Pipe Industry of Indonesia Tbk Revenue
Year Revenue Growth
2012 3.092.658.000.000
2013 3.534.018.000.000 12.49%
2014 3.367.873.000.000 -4.93%
2015 3.583.541.000.000 6.02%
2016 3.259.200.000.000 -9.95%
2017 3.662.810.000.000 11.02%
2018 4.467.590.000.000 18.01%
2019 4.885.875.000.000 8.56%
2020 3.775.530.000.000 -29.41%
2021 5.378.808.000.000 29.81%
2022 6.255.945.000.000 14.02%
2023 6.715.428.000.000 6.84%

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 Steel Pipe Industry of Indonesia Tbk Research and Development Expenses
Year Research and Development Expenses Growth
2012 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%

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 Steel Pipe Industry of Indonesia Tbk General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 9.339.000.000
2013 16.600.000.000 43.74%
2014 12.574.000.000 -32.02%
2015 17.455.000.000 27.96%
2016 32.512.000.000 46.31%
2017 21.030.000.000 -54.6%
2018 21.656.000.000 2.89%
2019 14.692.000.000 -47.4%
2020 12.675.000.000 -15.91%
2021 62.583.000.000 79.75%
2022 26.308.000.000 -137.89%
2023 32.768.000.000 19.71%

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 Steel Pipe Industry of Indonesia Tbk EBITDA
Year EBITDA Growth
2012 220.821.000.000
2013 324.305.000.000 31.91%
2014 408.986.000.000 20.71%
2015 362.922.000.000 -12.69%
2016 389.604.000.000 6.85%
2017 270.353.000.000 -44.11%
2018 253.203.000.000 -6.77%
2019 432.571.000.000 41.47%
2020 320.359.000.000 -35.03%
2021 773.252.000.000 58.57%
2022 515.022.000.000 -50.14%
2023 1.058.636.000.000 51.35%

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 Steel Pipe Industry of Indonesia Tbk Gross Profit
Year Gross Profit Growth
2012 401.014.000.000
2013 604.999.000.000 33.72%
2014 564.293.000.000 -7.21%
2015 772.956.000.000 27%
2016 698.616.000.000 -10.64%
2017 562.557.000.000 -24.19%
2018 531.696.000.000 -5.8%
2019 688.391.000.000 22.76%
2020 558.122.000.000 -23.34%
2021 1.120.014.000.000 50.17%
2022 758.611.000.000 -47.64%
2023 1.167.344.000.000 35.01%

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 Steel Pipe Industry of Indonesia Tbk Net Profit
Year Net Profit Growth
2012 111.191.000.000
2013 203.565.000.000 45.38%
2014 214.895.000.000 5.27%
2015 159.014.000.000 -35.14%
2016 102.917.000.000 -54.51%
2017 8.639.000.000 -1091.31%
2018 48.723.000.000 82.27%
2019 185.695.000.000 73.76%
2020 175.825.000.000 -5.61%
2021 486.062.000.000 63.83%
2022 305.860.000.000 -58.92%
2023 642.180.000.000 52.37%

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 Steel Pipe Industry of Indonesia Tbk Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 15
2013 31 51.61%
2014 30 -6.9%
2015 22 -31.82%
2016 15 -57.14%
2017 1 -1300%
2018 7 83.33%
2019 26 76.92%
2020 25 -8.33%
2021 69 64.71%
2022 43 -58.14%
2023 91 52.22%

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 Steel Pipe Industry of Indonesia Tbk Free Cashflow
Year Free Cashflow Growth
2012 -835.104.000.000
2013 66.515.000.000 1355.51%
2014 -553.959.000.000 112.01%
2015 -358.893.000.000 -54.35%
2016 -684.169.000.000 47.54%
2017 531.933.000.000 228.62%
2018 -449.734.000.000 218.28%
2019 322.108.000.000 239.62%
2020 303.524.000.000 -6.12%
2021 -111.557.000.000 372.08%
2022 204.923.000.000 154.44%
2023 -203.915.000.000 200.49%

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 Steel Pipe Industry of Indonesia Tbk Operating Cashflow
Year Operating Cashflow Growth
2012 -774.453.000.000
2013 304.874.000.000 354.02%
2014 -191.012.000.000 259.61%
2015 176.316.000.000 208.34%
2016 -374.268.000.000 147.11%
2017 743.427.000.000 150.34%
2018 -374.759.000.000 298.37%
2019 461.351.000.000 181.23%
2020 350.585.000.000 -31.59%
2021 0 0%
2022 313.600.000.000 100%
2023 -211.127.000.000 248.54%

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 Steel Pipe Industry of Indonesia Tbk Capital Expenditure
Year Capital Expenditure Growth
2012 60.651.000.000
2013 238.359.000.000 74.55%
2014 362.947.000.000 34.33%
2015 535.209.000.000 32.19%
2016 309.901.000.000 -72.7%
2017 211.494.000.000 -46.53%
2018 74.975.000.000 -182.09%
2019 139.243.000.000 46.16%
2020 47.061.000.000 -195.88%
2021 111.557.000.000 57.81%
2022 108.677.000.000 -2.65%
2023 -7.212.000.000 1606.89%

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 Steel Pipe Industry of Indonesia Tbk Equity
Year Equity Growth
2012 768.645.000.000
2013 1.934.398.000.000 60.26%
2014 2.325.851.000.000 16.83%
2015 2.553.432.000.000 8.91%
2016 2.645.006.000.000 3.46%
2017 2.840.895.000.000 6.9%
2018 2.915.416.000.000 2.56%
2019 3.098.666.000.000 5.91%
2020 3.335.340.000.000 7.1%
2021 3.787.113.000.000 11.93%
2022 4.144.535.000.000 8.62%
2023 4.465.875.000.000 7.2%

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 Steel Pipe Industry of Indonesia Tbk Assets
Year Assets Growth
2012 3.282.806.000.000
2013 4.393.577.000.000 25.28%
2014 5.443.158.000.000 19.28%
2015 5.448.447.000.000 0.1%
2016 6.041.811.000.000 9.82%
2017 6.269.365.000.000 3.63%
2018 6.494.070.000.000 3.46%
2019 6.424.507.000.000 -1.08%
2020 6.076.604.000.000 -5.73%
2021 7.097.322.000.000 14.38%
2022 7.405.931.000.000 4.17%
2023 7.803.760.000.000 5.1%

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 Steel Pipe Industry of Indonesia Tbk Liabilities
Year Liabilities Growth
2012 2.514.096.000.000
2013 2.459.118.000.000 -2.24%
2014 3.117.249.000.000 21.11%
2015 2.894.972.000.000 -7.68%
2016 3.396.754.000.000 14.77%
2017 3.428.424.000.000 0.92%
2018 3.578.654.000.000 4.2%
2019 3.325.841.000.000 -7.6%
2020 2.741.264.000.000 -21.33%
2021 3.310.209.000.000 17.19%
2022 3.261.396.000.000 -1.5%
2023 3.337.885.000.000 2.29%

PT Steel Pipe Industry of Indonesia Tbk Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
889.03
Net Income per Share
53.32
Price to Earning Ratio
5.93x
Price To Sales Ratio
0.36x
POCF Ratio
15.93
PFCF Ratio
15.16
Price to Book Ratio
0.5
EV to Sales
0.78
EV Over EBITDA
6.63
EV to Operating CashFlow
34.82
EV to FreeCashFlow
33.15
Earnings Yield
0.17
FreeCashFlow Yield
0.07
Market Cap
2.233 Bil.
Enterprise Value
4.880 Bil.
Graham Number
870.83
Graham NetNet
-217.89

Income Statement Metrics

Net Income per Share
53.32
Income Quality
1.17
ROE
0.09
Return On Assets
0.06
Return On Capital Employed
0.16
Net Income per EBT
0.78
EBT Per Ebit
0.73
Ebit per Revenue
0.14
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.17
Operating Profit Margin
0.14
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.02
Dividend Yield %
1.9
Payout Ratio
0
Dividend Per Share
6

Operating Metrics

Operating Cashflow per Share
19.84
Free CashFlow per Share
20.84
Capex to Operating CashFlow
0.05
Capex to Revenue
0
Capex to Depreciation
3.52
Return on Invested Capital
0.07
Return on Tangible Assets
0.05
Days Sales Outstanding
0
Days Payables Outstanding
12.28
Days of Inventory on Hand
233.75
Receivables Turnover
0
Payables Turnover
29.73
Inventory Turnover
1.56
Capex per Share
1

Balance Sheet

Cash per Share
9,91
Book Value per Share
632,08
Tangible Book Value per Share
631.49
Shareholders Equity per Share
632.08
Interest Debt per Share
411.68
Debt to Equity
0.61
Debt to Assets
0.35
Net Debt to EBITDA
3.6
Current Ratio
2.1
Tangible Asset Value
4.462 Bil.
Net Current Asset Value
1.563 Bil.
Invested Capital
0.61
Working Capital
2.570 Bil.
Intangibles to Total Assets
0
Average Receivables
0 Bil.
Average Payables
157 Bil.
Average Inventory
3322846000000
Debt to Market Cap
1.22

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 Steel Pipe Industry of Indonesia Tbk Dividends
Year Dividends Growth
2014 2
2016 5 60%
2017 2 -400%
2021 6 83.33%
2022 9 33.33%
2023 6 -50%

PT Steel Pipe Industry of Indonesia Tbk Profile

About PT Steel Pipe Industry of Indonesia Tbk

PT Steel Pipe Industry of Indonesia Tbk manufactures and sells steel pipes and other related products in Indonesia. It operates through Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, and Services and Others segments. The company provides structural pipes, such as ERW steel pipes for bridge and construction projects, as well as building envelope structural applications; and SSAW steel pipes for use in various structural applications, such as foundation work and on piers, bridges, and construction of project buildings. It also offers water, and oil and gas pipes; stainless steel pipes, including ornamental tubes and industrial pipes; galvanized pipes; and steel poles comprising telephone, electric, and lighting poles, as well as mechanical tubes for use in furniture materials, bus frame structures, bicycle frames, and automotive parts, as well as various services. The company was incorporated in 1971 and is headquartered in Surabaya, Indonesia. PT Steel Pipe Industry of Indonesia Tbk operates as a subsidiary of PT Cakra Bhakti Para Putra.

CEO
Mr. Ibnu Susanto
Employee
1.020
Address
Jl. Kalibutuh No. 189-191
Surabaya, 60173

PT Steel Pipe Industry of Indonesia Tbk Executives & BODs

PT Steel Pipe Industry of Indonesia Tbk Executives & BODs
# Name Age
1 Mr. Johanes Wahyudi Edward
Chief Strategy & Business Development Officer and Corporate Secretary & Investor Relation
70
2 Mr. Teguh Santoso Hauw
Head of Internal Audit Unit
70
3 Budi Dwi Santoso
HRD & GA Div. Head
70
4 Mr. Tikman Utomo
Operations Director & Director
70
5 Mr. Ibnu Susanto
President Director
70
6 Mr. Soediarto Soerjoprahono
Sales & Marketing Director and Director
70
7 Mr. Hanny Purnomo
Director of Information & Communication Technology and Director
70
8 Teddy W. Utomo
Purchasing Technical & Spare Part Div. Head
70
9 Dianawati T.
Finance & Accounting Div. Head
70
10 Mr. Tedja Sukmana Hudianto
Vice President Director, Commercial Director Head & Purchasing Raw Material Div. Head
70

PT Steel Pipe Industry of Indonesia Tbk Competitors