PT Kalbe Farma Tbk. Logo

PT Kalbe Farma Tbk.

KLBF.JK

(2.8)
Stock Price

1.750 IDR

11.61% ROA

14.38% ROE

25.05x PER

Market Cap.

73.777.712.783.500 IDR

5.25% DER

2.38% Yield

9.77% NPM

PT Kalbe Farma Tbk. Stock Analysis

PT Kalbe Farma 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 Kalbe Farma 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 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 ROE

ROE in an average range (14.38%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (13.786), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 PBV

The stock's elevated P/BV ratio (3.64x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 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.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

PT Kalbe Farma 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 Kalbe Farma Tbk. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

PT Kalbe Farma 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 Kalbe Farma Tbk. Revenue
Year Revenue Growth
2005 5.870.938.590.836
2006 6.071.550.437.967 3.3%
2007 7.004.909.851.908 13.32%
2008 7.877.366.385.633 11.08%
2009 9.087.347.669.804 13.32%
2010 10.226.789.206.223 11.14%
2011 10.911.860.141.523 6.28%
2012 13.636.405.178.957 19.98%
2013 16.002.131.057.048 14.78%
2014 17.368.532.547.558 7.87%
2015 17.887.464.223.321 2.9%
2016 19.374.230.957.505 7.67%
2017 20.182.120.166.616 4%
2018 21.074.306.186.027 4.23%
2019 22.633.476.361.038 6.89%
2020 23.112.654.991.224 2.07%
2021 26.261.194.512.313 11.99%
2022 28.933.502.646.719 9.24%
2023 29.528.308.220.528 2.01%

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 Kalbe Farma Tbk. Research and Development Expenses
Year Research and Development Expenses Growth
2005 40.953.348.141
2006 27.866.423.930 -46.96%
2007 45.927.236.573 39.32%
2008 54.273.018.638 15.38%
2009 78.760.865.163 31.09%
2010 94.926.170.307 17.03%
2011 0 0%
2012 443.596.195.054 100%
2013 467.158.466.234 5.04%
2014 473.184.467.061 1.27%
2015 483.206.207.062 2.07%
2016 461.800.750.345 -4.64%
2017 494.168.634.441 6.55%
2018 352.033.805.233 -40.38%
2019 543.456.491.798 35.22%
2020 483.764.333.079 -12.34%
2021 532.792.580.649 9.2%
2022 288.343.542.563 -84.78%
2023 631.180.114.164 54.32%

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 Kalbe Farma Tbk. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 314.073.416.149
2006 368.712.091.839 14.82%
2007 397.314.069.867 7.2%
2008 453.356.346.569 12.36%
2009 518.793.836.610 12.61%
2010 209.937.914.992 -147.12%
2011 677.736.184.713 69.02%
2012 247.935.704.310 -173.35%
2013 319.488.098.223 22.4%
2014 450.979.354.269 29.16%
2015 470.163.205.258 4.08%
2016 427.130.374.066 -10.07%
2017 363.216.168.071 -17.6%
2018 354.920.775.221 -2.34%
2019 401.880.281.056 11.68%
2020 432.276.827.041 7.03%
2021 516.143.063.923 16.25%
2022 501.543.755.978 -2.91%
2023 434.950.275.804 -15.31%

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 Kalbe Farma Tbk. EBITDA
Year EBITDA Growth
2005 1.124.489.910.729
2006 1.161.443.100.689 3.18%
2007 1.215.021.962.196 4.41%
2008 1.230.067.522.197 1.22%
2009 1.524.521.399.131 19.31%
2010 1.850.981.182.662 17.64%
2011 2.007.063.808.438 7.78%
2012 2.444.330.894.031 17.89%
2013 2.750.501.104.955 11.13%
2014 3.077.598.697.710 10.63%
2015 3.051.592.620.786 -0.85%
2016 3.457.269.640.269 11.73%
2017 3.621.428.796.051 4.53%
2018 3.718.488.846.865 2.61%
2019 3.687.452.587.555 -0.84%
2020 3.975.884.223.069 7.25%
2021 4.508.744.633.175 11.82%
2022 4.879.433.301.652 7.6%
2023 3.271.290.831.612 -49.16%

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 Kalbe Farma Tbk. Gross Profit
Year Gross Profit Growth
2005 2.963.313.843.181
2006 3.098.642.399.013 4.37%
2007 3.551.630.652.248 12.75%
2008 3.803.640.513.119 6.63%
2009 4.511.940.302.360 15.7%
2010 5.166.385.584.916 12.67%
2011 5.551.173.334.941 6.93%
2012 6.533.433.806.831 15.03%
2013 7.679.113.456.058 14.92%
2014 8.475.795.157.827 9.4%
2015 8.591.576.935.970 1.35%
2016 9.487.968.305.032 9.45%
2017 9.812.283.473.000 3.31%
2018 9.847.925.793.543 0.36%
2019 10.243.467.770.842 3.86%
2020 10.246.322.493.772 0.03%
2021 11.283.784.241.264 9.19%
2022 11.704.066.436.276 3.59%
2023 10.924.810.375.288 -7.13%

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 Kalbe Farma Tbk. Net Profit
Year Net Profit Growth
2005 705.023.574.747
2006 764.357.450.660 7.76%
2007 811.647.239.876 5.83%
2008 825.504.633.348 1.68%
2009 1.049.667.116.548 21.36%
2010 1.343.798.968.422 21.89%
2011 1.522.956.820.292 11.76%
2012 1.733.928.105.603 12.17%
2013 1.919.508.370.312 9.67%
2014 2.064.686.665.442 7.03%
2015 2.004.236.980.127 -3.02%
2016 2.299.734.572.550 12.85%
2017 2.403.605.933.399 4.32%
2018 2.457.129.032.271 2.18%
2019 2.506.764.572.075 1.98%
2020 2.733.259.864.596 8.29%
2021 3.183.621.310.043 14.15%
2022 3.382.209.769.015 5.87%
2023 2.143.713.691.568 -57.77%

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 Kalbe Farma Tbk. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 12
2006 13 7.69%
2007 14 7.14%
2008 14 0%
2009 19 26.32%
2010 27 29.63%
2011 32 15.63%
2012 37 13.51%
2013 41 9.76%
2014 44 6.82%
2015 43 -4.76%
2016 49 14.29%
2017 51 3.92%
2018 52 1.92%
2019 53 1.89%
2020 58 8.62%
2021 68 13.43%
2022 73 6.94%
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 Kalbe Farma Tbk. Free Cashflow
Year Free Cashflow Growth
2005 39.226.864.352
2006 308.542.561.438 87.29%
2007 138.301.163.413 -123.09%
2008 502.502.398.049 72.48%
2009 1.085.986.921.093 53.73%
2010 683.816.784.471 -58.81%
2011 1.004.389.823.259 31.92%
2012 592.865.898.683 -69.41%
2013 -66.765.744.421 987.98%
2014 1.565.419.955.405 104.27%
2015 1.526.677.355.780 -2.54%
2016 1.060.939.717.974 -43.9%
2017 772.833.809.257 -37.28%
2018 1.397.744.539.757 44.71%
2019 520.042.290.149 -168.78%
2020 3.096.540.709.108 83.21%
2021 1.825.076.685.786 -69.67%
2022 2.899.349.890.646 37.05%
2023 656.855.713.110 -341.4%

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 Kalbe Farma Tbk. Operating Cashflow
Year Operating Cashflow Growth
2005 441.365.632.142
2006 640.610.354.353 31.1%
2007 362.898.238.846 -76.53%
2008 807.700.535.344 55.07%
2009 1.363.583.440.601 40.77%
2010 1.153.591.787.871 -18.2%
2011 1.473.495.223.306 21.71%
2012 1.376.343.990.025 -7.06%
2013 927.163.654.212 -48.45%
2014 2.316.125.821.045 59.97%
2015 2.456.995.428.106 5.73%
2016 2.159.833.281.176 -13.76%
2017 2.008.316.536.066 -7.54%
2018 2.770.775.949.459 27.52%
2019 2.502.968.822.391 -10.7%
2020 4.214.744.628.520 40.61%
2021 2.825.946.276.086 -49.14%
2022 3.769.449.698.812 25.03%
2023 942.425.684.087 -299.97%

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 Kalbe Farma Tbk. Capital Expenditure
Year Capital Expenditure Growth
2005 402.138.767.790
2006 332.067.792.915 -21.1%
2007 224.597.075.433 -47.85%
2008 305.198.137.295 26.41%
2009 277.596.519.508 -9.94%
2010 469.775.003.400 40.91%
2011 469.105.400.047 -0.14%
2012 783.478.091.342 40.13%
2013 993.929.398.633 21.17%
2014 750.705.865.640 -32.4%
2015 930.318.072.326 19.31%
2016 1.098.893.563.202 15.34%
2017 1.235.482.726.809 11.06%
2018 1.373.031.409.702 10.02%
2019 1.982.926.532.242 30.76%
2020 1.118.203.919.412 -77.33%
2021 1.000.869.590.300 -11.72%
2022 870.099.808.166 -15.03%
2023 285.569.970.977 -204.69%

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 Kalbe Farma Tbk. Equity
Year Equity Growth
2005 2.333.172.156.611
2006 2.994.816.751.748 22.09%
2007 3.386.861.941.228 11.58%
2008 3.622.399.153.499 6.5%
2009 4.310.437.877.062 15.96%
2010 5.373.784.301.200 19.79%
2011 6.214.818.130.918 13.53%
2012 7.054.054.236.500 11.9%
2013 8.108.241.521.503 13%
2014 9.382.023.164.035 13.58%
2015 10.465.122.963.890 10.35%
2016 11.909.264.708.049 12.13%
2017 13.280.807.474.738 10.33%
2018 15.294.594.796.354 13.17%
2019 16.705.582.476.031 8.45%
2020 18.276.082.144.080 8.59%
2021 21.265.877.793.123 14.06%
2022 22.097.328.202.389 3.76%
2023 22.373.735.912.664 1.24%

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 Kalbe Farma Tbk. Assets
Year Assets Growth
2005 4.633.398.659.211
2006 4.624.619.204.478 -0.19%
2007 5.138.212.506.980 10%
2008 5.703.832.411.898 9.92%
2009 6.482.446.670.172 12.01%
2010 7.032.496.663.288 7.82%
2011 8.274.554.112.840 15.01%
2012 9.417.957.180.958 12.14%
2013 11.315.061.275.026 16.77%
2014 12.425.032.367.729 8.93%
2015 13.696.417.381.439 9.28%
2016 15.226.009.210.657 10.05%
2017 16.616.239.416.335 8.37%
2018 18.146.206.145.369 8.43%
2019 20.264.726.862.584 10.45%
2020 22.564.300.317.374 10.19%
2021 25.666.635.156.271 12.09%
2022 27.241.313.025.674 5.78%
2023 27.181.763.267.078 -0.22%

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 Kalbe Farma Tbk. Liabilities
Year Liabilities Growth
2005 1.822.023.167.275
2006 1.080.565.632.160 -68.62%
2007 1.121.539.025.638 3.65%
2008 1.359.296.592.427 17.49%
2009 1.691.774.827.031 19.65%
2010 1.260.579.634.452 -34.21%
2011 1.758.619.054.414 28.32%
2012 2.046.313.566.061 14.06%
2013 2.815.103.309.451 27.31%
2014 2.607.556.689.283 -7.96%
2015 2.758.131.396.170 5.46%
2016 2.762.162.069.572 0.15%
2017 2.722.207.633.646 -1.47%
2018 2.851.611.349.015 4.54%
2019 3.559.144.386.553 19.88%
2020 4.288.218.173.294 17%
2021 4.400.757.363.148 2.56%
2022 5.143.984.823.285 14.45%
2023 4.808.027.354.414 -6.99%

PT Kalbe Farma Tbk. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
651.66
Net Income per Share
63.67
Price to Earning Ratio
25.05x
Price To Sales Ratio
2.43x
POCF Ratio
23.53
PFCF Ratio
34.5
Price to Book Ratio
3.59
EV to Sales
2.38
EV Over EBITDA
16.68
EV to Operating CashFlow
22.85
EV to FreeCashFlow
33.69
Earnings Yield
0.04
FreeCashFlow Yield
0.03
Market Cap
73.778 Bil.
Enterprise Value
72.045 Bil.
Graham Number
797.96
Graham NetNet
135.83

Income Statement Metrics

Net Income per Share
63.67
Income Quality
1.8
ROE
0.14
Return On Assets
0.11
Return On Capital Employed
0.17
Net Income per EBT
0.76
EBT Per Ebit
0.98
Ebit per Revenue
0.13
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.39
Operating Profit Margin
0.13
Pretax Profit Margin
0.13
Net Profit Margin
0.1

Dividends

Dividend Yield
0.02
Dividend Yield %
2.38
Payout Ratio
0
Dividend Per Share
38

Operating Metrics

Operating Cashflow per Share
67.78
Free CashFlow per Share
45.97
Capex to Operating CashFlow
-0.32
Capex to Revenue
-0.03
Capex to Depreciation
-8.32
Return on Invested Capital
0.14
Return on Tangible Assets
0.12
Days Sales Outstanding
73.27
Days Payables Outstanding
37.63
Days of Inventory on Hand
142.35
Receivables Turnover
4.98
Payables Turnover
9.7
Inventory Turnover
2.56
Capex per Share
-21.81

Balance Sheet

Cash per Share
63,80
Book Value per Share
444,48
Tangible Book Value per Share
444.85
Shareholders Equity per Share
444.48
Interest Debt per Share
25.11
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-0.4
Current Ratio
3.9
Tangible Asset Value
20.693 Bil.
Net Current Asset Value
11.508 Bil.
Invested Capital
0.05
Working Capital
12.138 Bil.
Intangibles to Total Assets
0.06
Average Receivables
6.198 Bil.
Average Payables
1.992 Bil.
Average Inventory
7298952411777
Debt to Market Cap
0.01

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 Kalbe Farma Tbk. Dividends
Year Dividends Growth
2004 1
2005 3 66.67%
2007 10 70%
2008 10 0%
2009 13 16.67%
2010 25 52%
2011 70 64.29%
2012 95 26.32%
2013 19 -400%
2014 17 -11.76%
2015 19 10.53%
2016 38 50%
2017 22 -72.73%
2018 25 12%
2019 26 3.85%
2020 26 0%
2021 28 7.14%
2022 35 20%
2023 38 7.89%

PT Kalbe Farma Tbk. Profile

About PT Kalbe Farma Tbk.

PT Kalbe Farma Tbk., together with its subsidiaries, develops, manufactures, and trades in pharmaceutical products in Indonesia. The company operates through four divisions: Prescription Pharmaceuticals, Consumer Health, Nutritionals, and Distribution and Logistic. It offers generic, branded, and licensed drugs, including Brainact, Cefspan, Mycoral, Cernevit, Cravit, Neuralgin, Broadced, Neurotam, Hemapo, and CPG that are distributed to hospitals, pharmacies, and drug stores. The company also provides over-the-counter drugs; energy drinks, ready-to-drink products, supplements, and other preventive products; and nutritional products for infants, toddlers, children, teenagers, adults, pregnant and lactating women, and elders, as well as for consumers with special medical needs. In addition, it offers contract services, including clinical study management, bioavailability/bioequivalence studies, and contract analysis to pharmaceutical companies; and animal health products, as well as operates Mitrasana Clinics, a health care service. Further, the company provides health screening services; operates as an agent and representative for biotechnology products; distributes consumer products, medical equipment, cosmetics, and other trading products; and trades in medical and laboratory equipment and supplies, raw materials for pharmaceutical products, and consumable products for hemodialysis therapy, as well as offers advertising services. PT Kalbe Farma Tbk. was incorporated in 1966 and is headquartered in Jakarta, Indonesia.

CEO
Mr. - Vidjongtius
Employee
13.134
Address
Gedung KALBE
Jakarta, 10510

PT Kalbe Farma Tbk. Executives & BODs

PT Kalbe Farma Tbk. Executives & BODs
# Name Age
1 Ms. Lanny Soputro
Director of Human Resources, General Affairs & HSSE
70
2 Maria Teresa Fabiola
Corporate Secretary
70
3 Mr. Kurniawan Suhartono
Head of Internal Audit Unit
70
4 Mr. Sie Djohan
Director of Corporate Business Development, Management System & Regulatory Affairs and Director
70
5 Mr. - Vidjongtius
President Director
70

PT Kalbe Farma Tbk. Competitors