PT Jasa Marga (Persero) Tbk Logo

PT Jasa Marga (Persero) Tbk

JSMR.JK

(1.2)
Stock Price

5.050 IDR

44.79% ROA

27.23% ROE

4.53x PER

Market Cap.

33.898.758.971.720 IDR

249.45% DER

1.57% Yield

31.87% NPM

PT Jasa Marga (Persero) Tbk Stock Analysis

PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Fundamental Stock Analysis
# Analysis Rating
1 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

2 ROE

The stock's ROE falls within an average range (13.97%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 PBV

The stock's PBV ratio (1.52x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

5 DER

The company has a high debt to equity ratio (228%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

6 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.

7 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

8 Assets 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.

9 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.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-115.452) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

PT Jasa Marga (Persero) 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 Jasa Marga (Persero) Tbk Revenue
Year Revenue Growth
2005 1.923.859.747.000
2006 2.296.143.312.000 16.21%
2007 2.645.042.596.000 13.19%
2008 3.319.345.016.000 20.31%
2009 3.631.483.330.000 8.6%
2010 4.306.105.746.000 15.67%
2011 4.843.229.958.000 11.09%
2012 9.070.219.075.000 46.6%
2013 10.294.667.635.000 11.89%
2014 9.175.319.005.000 -12.2%
2015 9.848.242.050.000 6.83%
2016 16.661.402.998.000 40.89%
2017 35.092.196.191.000 52.52%
2018 36.974.074.686.000 5.09%
2019 26.345.260.000.000 -40.34%
2020 13.704.021.000.000 -92.24%
2021 15.169.552.000.000 9.66%
2022 16.582.849.000.000 8.52%
2023 20.626.956.000.000 19.61%

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 Jasa Marga (Persero) Tbk Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 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%

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 Jasa Marga (Persero) Tbk General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 439.811.627.000
2006 427.411.973.000 -2.9%
2007 481.387.365.000 11.21%
2008 581.242.618.000 17.18%
2009 647.795.080.000 10.27%
2010 743.765.630.000 12.9%
2011 877.961.527.000 15.28%
2012 181.703.270.000 -383.18%
2013 203.949.542.000 10.91%
2014 214.704.370.000 5.01%
2015 157.479.017.000 -36.34%
2016 196.080.202.000 19.69%
2017 260.402.522.000 24.7%
2018 337.824.659.000 22.92%
2019 407.801.000.000 17.16%
2020 250.623.000.000 -62.71%
2021 203.427.000.000 -23.2%
2022 269.540.000.000 24.53%
2023 283.948.000.000 5.07%

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 Jasa Marga (Persero) Tbk EBITDA
Year EBITDA Growth
2005 645.160.946.000
2006 1.233.324.895.000 47.69%
2007 1.116.547.378.000 -10.46%
2008 1.665.918.760.000 32.98%
2009 1.835.918.070.000 9.26%
2010 2.240.194.485.000 18.05%
2011 2.466.875.041.000 9.19%
2012 2.993.354.275.000 17.59%
2013 2.685.934.106.000 -11.45%
2014 3.073.128.544.000 12.6%
2015 3.534.423.832.000 13.05%
2016 4.213.690.267.000 16.12%
2017 4.027.906.785.000 -4.61%
2018 4.168.034.987.000 3.36%
2019 4.705.111.000.000 11.41%
2020 3.915.237.000.000 -20.17%
2021 4.807.698.000.000 18.56%
2022 4.830.335.000.000 0.47%
2023 7.953.592.000.000 39.27%

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 Jasa Marga (Persero) Tbk Gross Profit
Year Gross Profit Growth
2005 1.254.541.925.000
2006 1.418.386.112.000 11.55%
2007 1.698.104.533.000 16.47%
2008 2.176.569.331.000 21.98%
2009 2.365.562.208.000 7.99%
2010 2.932.779.966.000 19.34%
2011 3.349.498.213.000 12.44%
2012 3.894.900.242.000 14%
2013 3.882.464.771.000 -0.32%
2014 4.250.391.017.000 8.66%
2015 4.127.819.961.000 -2.97%
2016 4.856.391.322.000 15%
2017 5.307.886.824.000 8.51%
2018 5.917.509.923.000 10.3%
2019 6.444.643.000.000 8.18%
2020 5.354.533.000.000 -20.36%
2021 6.502.109.000.000 17.65%
2022 7.418.097.000.000 12.35%
2023 9.926.400.000.000 25.27%

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 Jasa Marga (Persero) Tbk Net Profit
Year Net Profit Growth
2005 307.598.368.000
2006 462.576.040.000 33.5%
2007 279.828.605.000 -65.31%
2008 721.900.286.000 61.24%
2009 1.007.200.671.000 28.33%
2010 1.184.495.808.000 14.97%
2011 1.339.461.968.000 11.57%
2012 1.602.090.230.000 16.39%
2013 1.336.316.735.000 -19.89%
2014 1.403.428.453.000 4.78%
2015 1.466.381.586.000 4.29%
2016 1.889.312.724.000 22.39%
2017 1.988.011.074.000 4.96%
2018 2.202.600.416.000 9.74%
2019 2.207.117.000.000 0.2%
2020 -41.629.000.000 5401.87%
2021 871.236.000.000 104.78%
2022 2.746.884.000.000 68.28%
2023 19.303.252.000.000 85.77%

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 Jasa Marga (Persero) Tbk Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 307
2006 97 -219.79%
2007 55 -77.78%
2008 104 47.57%
2009 146 29.45%
2010 176 16.57%
2011 176 0.57%
2012 235 25.11%
2013 151 -56.67%
2014 209 27.88%
2015 216 3.26%
2016 277 22.1%
2017 303 8.91%
2018 303 0%
2019 304 0.33%
2020 -6 6180%
2021 120 104.17%
2022 378 68.25%
2023 0 0%

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 Jasa Marga (Persero) Tbk Free Cashflow
Year Free Cashflow Growth
2005 261.715.578.000
2006 297.099.426.000 11.91%
2007 0 0%
2008 0 0%
2009 -1.571.372.469.000 100%
2010 -1.981.227.792.000 20.69%
2011 -1.885.940.791.000 -5.05%
2012 -2.462.755.349.000 23.42%
2013 -4.070.621.864.000 39.5%
2014 -3.559.187.307.000 -14.37%
2015 -3.540.908.687.000 -0.52%
2016 -6.008.568.507.000 41.07%
2017 -11.231.042.725.000 46.5%
2018 -14.473.873.724.000 22.4%
2019 -14.200.593.000.000 -1.92%
2020 -21.150.839.000.000 32.86%
2021 -2.880.816.000.000 -634.2%
2022 -1.078.089.000.000 -167.22%
2023 -1.148.920.000.000 6.17%

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 Jasa Marga (Persero) Tbk Operating Cashflow
Year Operating Cashflow Growth
2005 261.715.578.000
2006 297.099.426.000 11.91%
2007 0 0%
2008 0 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 2.865.801.000.000 100%
2023 0 0%

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 Jasa Marga (Persero) Tbk Capital Expenditure
Year Capital Expenditure Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 1.571.372.469.000 100%
2010 1.981.227.792.000 20.69%
2011 1.885.940.791.000 -5.05%
2012 2.462.755.349.000 23.42%
2013 4.070.621.864.000 39.5%
2014 3.559.187.307.000 -14.37%
2015 3.540.908.687.000 -0.52%
2016 6.008.568.507.000 41.07%
2017 11.231.042.725.000 46.5%
2018 14.473.873.724.000 22.4%
2019 14.200.593.000.000 -1.92%
2020 21.150.839.000.000 32.86%
2021 2.880.816.000.000 -634.2%
2022 3.943.890.000.000 26.95%
2023 1.148.920.000.000 -243.27%

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 Jasa Marga (Persero) Tbk Equity
Year Equity Growth
2005 1.982.098.284.000
2006 2.385.546.872.000 16.91%
2007 5.975.315.883.000 60.08%
2008 6.572.008.105.000 9.08%
2009 7.183.378.636.000 8.51%
2010 7.740.013.867.000 7.19%
2011 8.328.790.339.000 7.07%
2012 8.611.147.361.000 3.28%
2013 9.305.434.181.000 7.46%
2014 9.866.195.735.000 5.68%
2015 10.418.505.285.000 5.3%
2016 13.679.125.136.000 23.84%
2017 15.097.652.946.000 9.4%
2018 20.198.985.799.000 25.26%
2019 23.185.737.000.000 12.88%
2020 24.775.615.000.000 6.42%
2021 25.500.315.000.000 2.84%
2022 25.621.389.000.000 0.47%
2023 38.028.660.000.000 32.63%

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 Jasa Marga (Persero) Tbk Assets
Year Assets Growth
2005 9.736.406.571.000
2006 10.255.697.089.000 5.06%
2007 13.847.227.161.000 25.94%
2008 14.642.760.013.000 5.43%
2009 16.174.263.947.000 9.47%
2010 18.952.129.334.000 14.66%
2011 21.432.133.718.000 11.57%
2012 24.753.551.441.000 13.42%
2013 28.366.345.328.000 12.74%
2014 31.857.947.989.000 10.96%
2015 36.724.982.487.000 13.25%
2016 53.500.322.659.000 31.36%
2017 79.192.772.790.000 32.44%
2018 82.418.600.790.000 3.91%
2019 99.679.570.000.000 17.32%
2020 104.086.646.000.000 4.23%
2021 101.242.884.000.000 -2.81%
2022 91.139.182.000.000 -11.09%
2023 124.899.735.000.000 27.03%

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 Jasa Marga (Persero) Tbk Liabilities
Year Liabilities Growth
2005 7.754.162.319.000
2006 7.870.032.878.000 1.47%
2007 7.632.542.946.000 -3.11%
2008 7.758.936.680.000 1.63%
2009 8.428.822.898.000 7.95%
2010 10.592.662.907.000 20.43%
2011 12.191.853.457.000 13.12%
2012 14.965.765.873.000 18.54%
2013 17.499.365.288.000 14.48%
2014 20.432.952.360.000 14.36%
2015 24.356.318.021.000 16.11%
2016 37.161.482.595.000 34.46%
2017 60.833.333.269.000 38.91%
2018 62.219.614.991.000 2.23%
2019 76.493.833.000.000 18.66%
2020 79.311.031.000.000 3.55%
2021 75.742.569.000.000 -4.71%
2022 65.517.793.000.000 -15.61%
2023 86.871.075.000.000 24.58%

PT Jasa Marga (Persero) Tbk Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2609.92
Net Income per Share
1062.89
Price to Earning Ratio
4.53x
Price To Sales Ratio
1.79x
POCF Ratio
15.45
PFCF Ratio
-14.64
Price to Book Ratio
1.29
EV to Sales
5.15
EV Over EBITDA
18.27
EV to Operating CashFlow
43.06
EV to FreeCashFlow
-42.11
Earnings Yield
0.22
FreeCashFlow Yield
-0.07
Market Cap
33.899 Bil.
Enterprise Value
97.495 Bil.
Graham Number
9455.82
Graham NetNet
-11216.54

Income Statement Metrics

Net Income per Share
1062.89
Income Quality
1.01
ROE
0.33
Return On Assets
0.05
Return On Capital Employed
0.11
Net Income per EBT
0.86
EBT Per Ebit
0.71
Ebit per Revenue
0.53
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.42
Operating Profit Margin
0.53
Pretax Profit Margin
0.37
Net Profit Margin
0.32

Dividends

Dividend Yield
0.02
Dividend Yield %
1.57
Payout Ratio
0
Dividend Per Share
75.69

Operating Metrics

Operating Cashflow per Share
311.96
Free CashFlow per Share
-319.01
Capex to Operating CashFlow
-2.02
Capex to Revenue
-0.24
Capex to Depreciation
-170.71
Return on Invested Capital
0.08
Return on Tangible Assets
0.45
Days Sales Outstanding
0
Days Payables Outstanding
21.85
Days of Inventory on Hand
3.37
Receivables Turnover
0
Payables Turnover
16.7
Inventory Turnover
108.41
Capex per Share
-630.97

Balance Sheet

Cash per Share
745,72
Book Value per Share
3.738,76
Tangible Book Value per Share
-9596.27
Shareholders Equity per Share
3738.76
Interest Debt per Share
9670.41
Debt to Equity
2.49
Debt to Assets
0.54
Net Debt to EBITDA
11.92
Current Ratio
0.47
Tangible Asset Value
-69.649 Bil.
Net Current Asset Value
-79.119 Bil.
Invested Capital
2.49
Working Capital
-8.710 Bil.
Intangibles to Total Assets
0.86
Average Receivables
0 Bil.
Average Payables
632 Bil.
Average Inventory
100926000000
Debt to Market Cap
2

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 Jasa Marga (Persero) Tbk Dividends
Year Dividends Growth
2008 14
2009 52 73.08%
2010 88 40.23%
2011 106 17.14%
2012 79 -34.62%
2013 94 17.02%
2014 157 39.74%
2015 72 -116.67%
2016 43 -67.44%
2017 78 44.87%
2018 61 -30%
2019 46 -33.33%
2020 15 -200%
2023 76 80%

PT Jasa Marga (Persero) Tbk Profile

About PT Jasa Marga (Persero) Tbk

PT Jasa Marga (Persero) Tbk develops, constructs, operates, manages, and maintains toll roads in Indonesia. The company also offers toll road service, such as transaction services, traffic services, and road construction services. It also rents toll road equipment and vehicles; and develops real estate properties. The company operates 13 toll roads. PT Jasa Marga (Persero) Tbk was founded in 1978 and is headquartered in Jakarta, Indonesia.

CEO
Ms. Fitri Wiyanti
Employee
7.949
Address
Plaza Tol Taman Mini Indonesia Indah
Jakarta, 13550

PT Jasa Marga (Persero) Tbk Executives & BODs

PT Jasa Marga (Persero) Tbk Executives & BODs
# Name Age
1 Mr. Reza Febriano
Director of Business & Director
70
2 Ms. Fitri Wiyanti
Director of Operations & Director
70
3 Mr. Dwimawan Heru Santoso
Corporate Communication & Community Development Group Head
70
4 Mr. Mohamad Agus Setiawan
Director of Business Development & Director
70
5 Mr. Dadan Waradia
Chief Administration Officer
70
6 Mr. Eka Setya Adrianto
Corporate Finance Group Head & Investor Relations Group
70
7 Trias Andriyanto
Accounting and Tax Group Head
70
8 Mr. Bagus B. Cahya Arinta
Director of Human Capital & Transformation and Director
70
9 Mr. Subakti Syukur
President Director
70
10 Ms. Pramitha Wulanjani
Director of Finance & Risk Management and Director
70

PT Jasa Marga (Persero) Tbk Competitors