Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Indo Tambangraya Megah

DB:3IB
Snowflake Description

Undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3IB
DB
IDR8,800B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

PT Indo Tambangraya Megah Tbk, together with its subsidiaries, engages in coal mining activities. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Indo Tambangraya Megah has significant price volatility in the past 3 months.
3IB Share Price and Events
7 Day Returns
-1.9%
DB:3IB
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-64.6%
DB:3IB
34.4%
DE Oil and Gas
-14.2%
DE Market
3IB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Indo Tambangraya Megah (3IB) -1.9% -26.9% -46.3% -64.6% -68.1% -59.9%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • 3IB underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • 3IB underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
3IB
Industry
5yr Volatility vs Market

Value

 Is Indo Tambangraya Megah undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Indo Tambangraya Megah to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Indo Tambangraya Megah.

DB:3IB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:3IB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 7.9%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.972 (1 + (1- 25%) (1.95%))
0.991
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.991 * 7.85%)
7.39%

Discounted Cash Flow Calculation for DB:3IB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Indo Tambangraya Megah is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:3IB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.39%)
2020 113.50 Analyst x2 105.69
2021 104.68 Analyst x3 90.78
2022 105.02 Analyst x1 84.80
2023 105.11 Est @ 0.09% 79.04
2024 105.05 Est @ -0.06% 73.56
2025 104.89 Est @ -0.16% 68.39
2026 104.65 Est @ -0.23% 63.54
2027 104.36 Est @ -0.28% 59.01
2028 104.04 Est @ -0.31% 54.78
2029 103.69 Est @ -0.33% 50.84
Present value of next 10 years cash flows $730.00
DB:3IB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $103.69 × (1 + -0.39%) ÷ (7.39% – -0.39%)
$1,327.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,327.99 ÷ (1 + 7.39%)10
$651.09
DB:3IB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $730.00 + $651.09
$1,381.09
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,381.09 / 1,096.56
$1.26
DB:3IB Discount to Share Price
Calculation Result
Exchange Rate USD/IDR
(Reporting currency to currency of IDX:ITMG)
16135
Value per Share
(IDR)
= Value per Share in USD x Exchange Rate (USD/IDR)
= $1.26 x 16135
IDR20321.76
Non-primary Listing Adjustment Factor 1 share in DB:3IB represents 5.0E-5x of IDX:ITMG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
5.0E-5x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 20,321.76 x 5.0E-5
€1.07
Value per share (EUR) From above. €1.07
Current discount Discount to share price of €0.42
= -1 x (€0.42 - €1.07) / €1.07
60.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Indo Tambangraya Megah is available for.
Intrinsic value
>50%
Share price is €0.42 vs Future cash flow value of €1.07
Current Discount Checks
For Indo Tambangraya Megah to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Indo Tambangraya Megah's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Indo Tambangraya Megah's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Indo Tambangraya Megah's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Indo Tambangraya Megah's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3IB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.12
IDX:ITMG Share Price ** IDX (2020-04-08) in IDR IDR8025
IDX:ITMG Share Price converted to USD reporting currency Exchange rate (IDR/ USD) 0 $0.5
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Indo Tambangraya Megah.

DB:3IB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:ITMG Share Price ÷ EPS (both in USD)

= 0.5 ÷ 0.12

4.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indo Tambangraya Megah is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Indo Tambangraya Megah is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Indo Tambangraya Megah's expected growth come at a high price?
Raw Data
DB:3IB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
-9.7%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

DB:3IB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.21x ÷ -9.7%

-0.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indo Tambangraya Megah earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Indo Tambangraya Megah's assets?
Raw Data
DB:3IB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.81
IDX:ITMG Share Price * IDX (2020-04-08) in IDR IDR8025
IDX:ITMG Share Price converted to USD reporting currency Exchange rate (IDR/ USD) 0 $0.5
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:3IB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:ITMG Share Price ÷ Book Value per Share (both in USD)

= 0.5 ÷ 0.81

0.61x

* Primary Listing of Indo Tambangraya Megah.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Indo Tambangraya Megah is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Indo Tambangraya Megah's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Indo Tambangraya Megah has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Indo Tambangraya Megah expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Indo Tambangraya Megah expected to grow at an attractive rate?
  • Indo Tambangraya Megah's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Indo Tambangraya Megah's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Indo Tambangraya Megah's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3IB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3IB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts -9.7%
DB:3IB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts -3.1%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3IB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3IB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,532 156 93 6
2021-12-31 1,589 178 104 15
2020-12-31 1,535 206 103 13
2020-04-08
DB:3IB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,716 89 129
2019-09-30 1,897 242 164
2019-06-30 2,091 377 230
2019-03-31 2,082 316 244
2018-12-31 2,008 355 262
2018-09-30 1,941 313 280
2018-06-30 1,750 262 250
2018-03-31 1,700 296 254
2017-12-31 1,690 319 253
2017-09-30 1,573 320 233
2017-06-30 1,507 260 200
2017-03-31 1,404 199 165

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Indo Tambangraya Megah's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Indo Tambangraya Megah's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:3IB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Indo Tambangraya Megah Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3IB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.08 0.09 0.05 6.00
2021-12-31 0.09 0.13 0.05 13.00
2020-12-31 0.09 0.12 0.06 13.00
2020-04-08
DB:3IB Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.12
2019-09-30 0.15
2019-06-30 0.21
2019-03-31 0.22
2018-12-31 0.24
2018-09-30 0.26
2018-06-30 0.23
2018-03-31 0.23
2017-12-31 0.23
2017-09-30 0.21
2017-06-30 0.18
2017-03-31 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Indo Tambangraya Megah is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Indo Tambangraya Megah's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Indo Tambangraya Megah has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Indo Tambangraya Megah performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Indo Tambangraya Megah's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Indo Tambangraya Megah's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Indo Tambangraya Megah's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Indo Tambangraya Megah's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Indo Tambangraya Megah's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Indo Tambangraya Megah Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3IB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,715.59 129.43 155.29
2019-09-30 1,897.22 163.76 156.93
2019-06-30 2,091.44 229.82 169.45
2019-03-31 2,082.41 243.56 175.78
2018-12-31 2,007.63 261.95 162.64
2018-09-30 1,940.90 279.82 156.58
2018-06-30 1,749.64 250.27 134.48
2018-03-31 1,699.90 253.57 125.39
2017-12-31 1,689.53 252.61 127.45
2017-09-30 1,572.87 233.31 124.12
2017-06-30 1,506.81 199.52 127.51
2017-03-31 1,404.27 164.86 127.45
2016-12-31 1,367.50 130.71 132.80
2016-09-30 1,341.30 49.75 130.63
2016-06-30 1,374.36 41.55 136.70
2016-03-31 1,492.81 48.34 148.14
2015-12-31 1,589.41 63.11 156.65
2015-09-30 1,661.59 114.51 167.93
2015-06-30 1,801.96 110.61 184.15
2015-03-31 1,866.77 142.61 176.16
2014-12-31 1,942.66 200.97 180.50
2014-09-30 2,033.81 218.53 187.11
2014-06-30 2,054.40 247.96 174.90
2014-03-31 2,119.68 245.63 183.86
2013-12-31 2,178.76 204.98 181.54
2013-09-30 2,290.89 221.27 187.08
2013-06-30 2,324.17 290.72 200.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Indo Tambangraya Megah has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Indo Tambangraya Megah used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Indo Tambangraya Megah's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Indo Tambangraya Megah's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Indo Tambangraya Megah has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Indo Tambangraya Megah's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Indo Tambangraya Megah's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Indo Tambangraya Megah is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Indo Tambangraya Megah's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Indo Tambangraya Megah's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 44.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Indo Tambangraya Megah Company Filings, last reported 3 months ago.

DB:3IB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 884.47 10.62 176.21
2019-09-30 911.33 10.61 270.62
2019-06-30 885.30 3.83 287.34
2019-03-31 852.93 14.52 392.13
2018-12-31 969.78 0.00 368.22
2018-09-30 1,002.14 0.00 351.36
2018-06-30 898.60 0.00 268.10
2018-03-31 873.20 0.00 423.53
2017-12-31 958.14 0.00 374.23
2017-09-30 981.68 0.00 401.95
2017-06-30 915.98 0.00 369.80
2017-03-31 866.02 0.00 404.22
2016-12-31 907.43 0.00 328.09
2016-09-30 877.65 0.00 268.46
2016-06-30 845.56 0.00 266.20
2016-03-31 850.93 0.00 294.70
2015-12-31 834.56 0.00 267.82
2015-09-30 906.26 0.00 343.63
2015-06-30 885.72 0.00 283.98
2015-03-31 865.86 0.00 273.40
2014-12-31 884.62 0.00 226.12
2014-09-30 970.94 0.00 350.46
2014-06-30 950.11 0.00 298.13
2014-03-31 994.44 0.00 378.19
2013-12-31 898.47 0.00 288.71
2013-09-30 1,016.70 0.00 418.21
2013-06-30 955.80 0.00 399.81
  • Indo Tambangraya Megah's level of debt (1.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Indo Tambangraya Megah's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (842.7%, greater than 20% of total debt).
  • Indo Tambangraya Megah earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Indo Tambangraya Megah's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Indo Tambangraya Megah has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Indo Tambangraya Megah's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
41.89%
Current annual income from Indo Tambangraya Megah dividends. Estimated to be 16.53% next year.
If you bought €2,000 of Indo Tambangraya Megah shares you are expected to receive €838 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Indo Tambangraya Megah's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Indo Tambangraya Megah's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3IB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:3IB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.07 5.00
2021-12-31 0.08 13.00
2020-12-31 0.08 12.00
2020-04-08
DB:3IB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-14 0.208 28.422
2019-02-21 0.239 16.515
2018-02-22 0.268 15.678
2017-05-15 0.116 7.571
2017-02-23 0.116 8.409
2016-05-10 0.010 1.093
2016-02-18 0.010 1.945
2015-11-10 0.106 26.250
2015-05-11 0.100 13.003
2015-02-18 0.100 8.175
2014-11-11 0.180 13.635
2014-05-12 0.180 8.291
2014-02-20 0.180 8.263
2013-11-13 0.180 7.799
2013-05-14 0.320 11.741
2013-02-20 0.320 8.275
2012-08-10 0.410 9.713
2012-02-23 0.410 9.943
2012-01-31 0.410 9.074
2011-05-11 0.140 2.887
2011-02-23 0.140 2.593
2010-03-29 0.347 7.765
2010-01-04 0.206 5.869

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Indo Tambangraya Megah's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Indo Tambangraya Megah's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Indo Tambangraya Megah afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Indo Tambangraya Megah has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Indo Tambangraya Megah's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kirana Limpaphayom
AGE 45
TENURE AS CEO 4.1 years
CEO Bio

Kirana Limpaphayom is President Director of PT Indo Tambangraya Megah Tbk. (the “Company”) since March 2016. He joined the Company in 2015 as Senior Vice President, Office of the President Director. Prior to that, he served as Head of Strategic Planning and Analysis for Banpu Public Company Limited in Thailand, then later as Executive Director of Banpu Australia and Director (Alternate) for Centennial Coal Co., Ltd. in Sydney, Australia. Prior to joining Banpu Group in 2009, he served various positions in several institutions, including bank, consultant, and pension fund, covering wide range of area such as legal & tax, organization & business development, and strategy management. He received his doctoral degree (PhD) in Sociology from University of Warwick, UK, in 2002, and his MBA (Executive) with concentration in finance, from Sasin Graduate Institute of Business Administration, Thailand, in 2008. He is also a Graduate of the Australian Institute of Company Directors (GAICD).

CEO Compensation
  • Insufficient data for Kirana to compare compensation growth.
  • Insufficient data for Kirana to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Indo Tambangraya Megah management team in years:

4.3
Average Tenure
48
Average Age
  • The tenure for the Indo Tambangraya Megah management team is about average.
Management Team

Kirana Limpaphayom

TITLE
President Director
AGE
45
TENURE
4.1 yrs

Yulius Gozali

TITLE
Director of Corporate Finance
AGE
46
TENURE
4.3 yrs

Padungsak Thanakij

TITLE
Director of Operations & Director
AGE
61

- Mulianto

TITLE
Head of General Accounting
AGE
49
TENURE
4.3 yrs

Fezar Junaidi

TITLE
Head of Compliance

Monika Krisnamurti

TITLE
Head of Legal & Corporate Secretary
AGE
37

Diana Djafar

TITLE
Head of Corporate Communication

Jusnan Ruslan

TITLE
Director of Sales & Logistics and Director
AGE
53
TENURE
6.3 yrs

Egiest Siregar

TITLE
Head of Human Resources

Stephanus Wawin

TITLE
Director of Corporate Services & Director
AGE
48
Board of Directors Tenure

Average tenure and age of the Indo Tambangraya Megah board of directors in years:

3.6
Average Tenure
53
Average Age
  • The tenure for the Indo Tambangraya Megah board of directors is about average.
Board of Directors

Kirana Limpaphayom

TITLE
President Director
AGE
45
TENURE
4.1 yrs

Andre Bramantya Putra

TITLE
Deputy President Director & Director
AGE
55
TENURE
2.3 yrs

Yulius Gozali

TITLE
Director of Corporate Finance
AGE
46
TENURE
4.1 yrs

Padungsak Thanakij

TITLE
Director of Operations & Director
AGE
61
TENURE
2.1 yrs

- Mulianto

TITLE
Head of General Accounting
AGE
49
TENURE
4.1 yrs

Jusnan Ruslan

TITLE
Director of Sales & Logistics and Director
AGE
53
TENURE
5.1 yrs

Stephanus Wawin

TITLE
Director of Corporate Services & Director
AGE
48
TENURE
5.1 yrs

Ignatius Wurwanto

TITLE
Director for Sustainability & Risk Management and Director
AGE
53
TENURE
3.1 yrs

Djisman Simandjuntak

TITLE
President Commissioner
AGE
72
TENURE
2.1 yrs

Djoko Wintoro

TITLE
Independent Commissioner
AGE
66
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Indo Tambangraya Megah's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Indo Tambangraya Megah has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

PT Indo Tambangraya Megah Tbk, together with its subsidiaries, engages in coal mining activities. The company operates six mining concessions in the island of Kalimantan covering East, Central, and South Kalimantan, Indonesia. It also owns and operates the Bontang Coal Terminal/BoCT, three loading ports, and Bontang power plant. In addition, the company provides mining support, coal and fuel trading, coal transportation, and alternative energy marketing and support services. It sells its coal in Indonesia, India, Pakistan, Taiwan, China, Hong Kong, Korea, Japan, Europe, Australia, and other parts of Southeast Asia. The company was founded in 1987 and is headquartered in Jakarta, Indonesia. PT Indo Tambangraya Megah Tbk is a subsidiary of Banpu Minerals (Singapore) Pte. Ltd.

Details
Name: PT Indo Tambangraya Megah Tbk
3IB
Exchange: DB
Founded: 1987
IDR501,540,271
1,096,555,900
Website: http://www.itmg.co.id
Address: PT Indo Tambangraya Megah Tbk
Pondok Indah Office Tower III,
3rd Floor,
Jakarta,
Jakarta Raya, 12310,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX ITMG Ordinary Shares Indonesia Stock Exchange ID IDR 18. Dec 2007
OTCPK PTIZ.F Ordinary Shares Pink Sheets LLC US USD 18. Dec 2007
DB 3IB Ordinary Shares Deutsche Boerse AG DE EUR 18. Dec 2007
OTCPK ITAY.Y UNSPONSORD ADR Pink Sheets LLC US USD 23. Apr 2010
Number of employees
Current staff
Staff numbers
2,922
Indo Tambangraya Megah employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 21:51
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/08
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.