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Modernland Realty

BST:M4L1
Snowflake Description

Reasonable growth potential average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
M4L1
BST
IDR2,757B
Market Cap
  1. Home
  2. DE
  3. Real Estate
Company description

PT Modernland Realty Tbk, together with its subsidiaries, develops and sells real estate properties in Indonesia. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Modernland Realty has significant price volatility in the past 3 months.
M4L1 Share Price and Events
7 Day Returns
0%
BST:M4L1
0.9%
DE Real Estate
0%
DE Market
1 Year Returns
50%
BST:M4L1
-1.1%
DE Real Estate
9.9%
DE Market
M4L1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Modernland Realty (M4L1) 0% 0% -21.1% 50% -62.5% -76.9%
DE Real Estate 0.9% -1.1% 4.2% -1.1% 39.2% 87.2%
DE Market 0% 4.6% 12.1% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • M4L1 outperformed the Real Estate industry which returned -1.1% over the past year.
  • M4L1 outperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
M4L1
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Modernland Realty's competitors could be found in our database.

Value

 Is Modernland Realty 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 Modernland Realty 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 Modernland Realty.

BST:M4L1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in IDR IDR 6.3091566666667
Payout Ratio Company Filings (2019-09-30) 2588.7%
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 BST:M4L1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 25%) (207.87%))
1.365
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.37
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.365 * 5.96%)
8.36%

Discounted Cash Flow Calculation for BST:M4L1 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Modernland Realty is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BST:M4L1 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= IDR6.31 / (8.36% - 0.23%)
IDR0
BST:M4L1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:M4L1 represents 3.0E-5x of IDX:MDLN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
3.0E-5x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (IDR) x Listing Adjustment Factor
= IDR 77.54 x 3.0E-5
€0.00
Value per share (EUR) From above. €0.00
Current discount Discount to share price of €0.01
= -1 x (€0.01 - €0.00) / €0.00
-183.7%

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

  • The current share price of Modernland Realty is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Modernland Realty's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Modernland Realty's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:M4L1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in IDR IDR16.24
IDX:MDLN Share Price ** IDX (2019-11-18) in IDR IDR220
Germany Real Estate Industry PE Ratio Median Figure of 35 Publicly-Listed Real Estate Companies 12.72x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 20.03x

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

** Primary Listing of Modernland Realty.

BST:M4L1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:MDLN Share Price ÷ EPS (both in IDR)

= 220 ÷ 16.24

13.55x

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

  • Modernland Realty is overvalued based on earnings compared to the DE Real Estate industry average.
  • Modernland Realty is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Modernland Realty's expected growth come at a high price?
Raw Data
BST:M4L1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
22.3%per year
Germany Real Estate Industry PEG Ratio Median Figure of 19 Publicly-Listed Real Estate Companies 0.62x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Modernland Realty, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Modernland Realty's assets?
Raw Data
BST:M4L1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in IDR IDR592.72
IDX:MDLN Share Price * IDX (2019-11-18) in IDR IDR220
Germany Real Estate Industry PB Ratio Median Figure of 43 Publicly-Listed Real Estate Companies 1.4x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.84x
BST:M4L1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:MDLN Share Price ÷ Book Value per Share (both in IDR)

= 220 ÷ 592.72

0.37x

* Primary Listing of Modernland Realty.

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

  • Modernland Realty is good value based on assets compared to the DE Real Estate industry average.
X
Value checks
We assess Modernland Realty'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Modernland Realty has a total score of 2/6, 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 Modernland Realty expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Modernland Realty, future earnings growth has been estimated based on fundamentals.
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
22.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Modernland Realty expected to grow at an attractive rate?
  • Modernland Realty's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Modernland Realty's earnings growth is expected to exceed the Germany market average.
  • Modernland Realty's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:M4L1 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:M4L1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 22.3%
BST:M4L1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 13.2%
Germany Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -8%
Germany Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
BST:M4L1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:M4L1 Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 3,048,000 477,000 1
2020-12-31 2,795,000 1,294,000 1
2019-12-31 2,747,000 652,000 1
2019-11-18
BST:M4L1 Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-09-30 1,997,220 -504,581 200,001
2019-06-30 1,946,044 -818,424 27,904
2019-03-31 2,448,932 -696,352 231,574
2018-12-31 2,124,203 -681,019 25,266
2018-09-30 3,008,966 699,415 555,667
2018-06-30 3,158,279 781,713 657,849
2018-03-31 2,830,571 807,283 501,290
2017-12-31 3,195,904 685,294 614,774
2017-09-30 2,829,299 596,186 604,543
2017-06-30 2,787,204 760,624 613,513
2017-03-31 2,810,141 649,710 664,684
2016-12-31 2,465,212 684,332 501,350

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Modernland Realty's earnings are expected to grow significantly at over 20% yearly.
  • Modernland Realty's revenue is expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).
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
BST:M4L1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Modernland Realty Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:M4L1 Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-11-18
BST:M4L1 Past Financials Data
Date (Data in IDR Millions) EPS *
2019-09-30 16.24
2019-06-30 2.27
2019-03-31 18.78
2018-12-31 2.04
2018-09-30 44.59
2018-06-30 52.63
2018-03-31 40.01
2017-12-31 49.05
2017-09-30 48.28
2017-06-30 48.95
2017-03-31 53.03
2016-12-31 40.00

*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.
  • Modernland Realty is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Modernland Realty'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Modernland Realty has a total score of 4/6, 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 Modernland Realty 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 Modernland Realty's growth in the last year to its industry (Real Estate).
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.
  • Modernland Realty's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Modernland Realty's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Modernland Realty's 1-year earnings growth is negative, it can't be compared to the DE Real Estate industry average.
Earnings and Revenue History
Modernland Realty'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 Modernland Realty Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:M4L1 Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,997,219.65 200,000.72 548,539.58
2019-06-30 1,946,043.87 27,904.14 572,909.90
2019-03-31 2,448,932.49 231,574.47 554,871.11
2018-12-31 2,124,202.84 25,265.86 550,921.15
2018-09-30 3,008,966.05 555,666.84 568,245.05
2018-06-30 3,158,278.51 657,849.07 508,573.14
2018-03-31 2,830,570.99 501,290.26 499,749.13
2017-12-31 3,195,904.06 614,773.61 550,941.79
2017-09-30 2,829,298.74 604,542.52 512,398.43
2017-06-30 2,787,203.52 613,512.94 479,101.71
2017-03-31 2,810,141.27 664,683.72 459,137.01
2016-12-31 2,465,211.94 501,349.67 374,316.08
2016-09-30 2,327,792.63 599,503.31 356,114.54
2016-06-30 2,687,357.28 693,917.38 386,598.63
2016-03-31 2,689,014.95 754,055.50 402,270.34
2015-12-31 2,962,460.90 873,420.20 418,273.22
2015-09-30 2,745,657.88 471,658.16 445,640.11
2015-06-30 2,440,230.12 397,149.36 435,697.01
2015-03-31 2,957,109.61 497,485.35 428,644.16
2014-12-31 2,839,771.32 706,351.90 399,293.05
2014-09-30 2,682,408.74 2,267,920.66 377,561.94
2014-06-30 2,593,602.62 2,417,499.42 347,865.87
2014-03-31 2,042,358.95 2,519,328.96 303,813.55
2013-12-31 1,843,944.98 2,451,761.41 321,075.03
2013-09-30 1,747,241.40 816,306.07 294,339.34
2013-06-30 1,584,043.70 665,533.46 259,281.50
2013-03-31 1,368,708.54 493,201.88 226,324.37
2012-12-31 1,057,768.00 260,520.63 196,740.04

*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.
  • Modernland Realty has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Modernland Realty used its assets less efficiently than the DE Real Estate industry average last year based on Return on Assets.
  • Modernland Realty's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Modernland Realty'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 Real Estate 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.
Modernland Realty has a total score of 0/6, 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 Modernland Realty'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 Modernland Realty's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Modernland Realty is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Modernland Realty's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Modernland Realty'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x 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 Modernland Realty Company Filings, last reported 1 month ago.

BST:M4L1 Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 7,081,414.51 5,727,000.15 339,026.84
2019-06-30 7,018,118.34 5,733,540.84 312,655.70
2019-03-31 7,150,904.54 5,775,337.95 474,769.28
2018-12-31 6,829,799.42 5,774,357.23 555,465.02
2018-09-30 6,927,113.98 5,841,636.55 728,776.36
2018-06-30 7,095,628.00 5,089,217.25 560,121.64
2018-03-31 7,185,866.32 4,907,341.55 880,466.17
2017-12-31 7,077,457.73 4,851,081.07 1,075,544.35
2017-09-30 6,762,835.49 5,037,734.84 445,959.21
2017-06-30 6,744,805.26 4,792,442.76 486,595.19
2017-03-31 6,820,004.90 4,567,550.51 187,506.52
2016-12-31 6,595,334.00 4,485,250.29 399,783.59
2016-09-30 6,080,961.40 5,238,555.80 162,251.52
2016-06-30 6,078,435.23 4,406,190.18 203,714.06
2016-03-31 6,115,683.55 4,426,597.64 249,580.67
2015-12-31 6,057,456.84 4,539,254.62 519,801.84
2015-09-30 5,494,395.24 5,003,160.93 1,150,258.92
2015-06-30 5,406,856.57 3,792,280.55 348,931.35
2015-03-31 5,514,909.48 3,741,600.65 542,164.31
2014-12-31 5,322,781.62 3,593,454.54 588,244.38
2014-09-30 5,155,014.09 3,624,435.48 443,017.38
2014-06-30 5,128,580.22 3,146,232.34 348,171.60
2014-03-31 5,065,155.12 3,192,647.17 486,682.14
2013-12-31 4,675,700.49 3,462,165.32 543,979.60
2013-09-30 2,947,640.76 1,178,271.86 460,426.42
2013-06-30 2,775,189.31 1,090,571.81 577,833.53
2013-03-31 2,548,676.62 1,147,853.31 710,821.41
2012-12-31 2,226,013.89 1,193,662.61 1,065,857.57
  • Modernland Realty's level of debt (80.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (70.3% vs 80.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Modernland Realty'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. Modernland Realty has a total score of 1/6, 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 Modernland Realty'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
5.45%
Current annual income from Modernland Realty dividends. Estimated to be 2.87% next year.
If you bought €2,000 of Modernland Realty shares you are expected to receive €109 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?
  • Modernland Realty's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.33%).
  • Modernland Realty's dividend is above the markets top 25% of dividend payers in Germany (3.68%).
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
BST:M4L1 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 1 Analyst Estimates (S&P Global) See Below
Germany Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

BST:M4L1 Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 10.34 1.00
2020-12-31 8.20 1.00
2019-12-31 0.38 1.00
2019-11-18
BST:M4L1 Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2018-08-10 12.000 4.948
2018-03-08 12.000 3.850
2017-07-31 8.000 2.627
2017-03-10 8.000 2.845
2015-07-31 12.000 3.025
2015-03-26 12.000 2.281
2014-10-29 5.000 0.963
2014-08-28 5.000 0.964
2014-03-26 5.000 1.133

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

  • Modernland Realty has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Modernland Realty only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Modernland Realty's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.3x coverage).
X
Income/ dividend checks
We assess Modernland Realty's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Modernland Realty afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Modernland Realty 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 Modernland Realty'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
William Honoris
AGE 45
TENURE AS CEO 6.6 years
CEO Bio

Mr. William Honoris serves as the President Director of PT Modernland Realty Tbk (also known as PT Modernland Realty Tbk). Mr. Honoris profound expertise and wide experience in various industries. His experience has provided Modernland with an international perspective and strategic planning and management. He started his career in 1998 in the marketing division of International Minh Viet Co. Ltd, Vietnam. Mr. Honoris serves as a Director of Marquee Land Pte Ltd., Modernland Overseas Pte. Ltd and PT Modernland Realty Tbk (also known as PT Modernland Realty Tbk). He served as a Director of Minh Viet Co. Ltd, Vietnam. Mr. Honoris joined PT Modernland Realty Tbk in 2005 as Director. Mr. Honoris holds a degree in Economics from the University of Southern California.

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

Average tenure and age of the Modernland Realty management team in years:

7.5
Average Tenure
46
Average Age
  • The average tenure for the Modernland Realty management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

William Honoris

TITLE
President Director
AGE
45
TENURE
6.6 yrs

L. H. Chan

TITLE
Vice President Director & Finance Director
AGE
46
TENURE
8.3 yrs

Biakto P

TITLE
Technical Division Head

Dharma Sigamani

TITLE
Director of Human Resources & General Affairs and Director
AGE
43
TENURE
8.4 yrs

Mohammad Mansur

TITLE
Head of Internal Audit
AGE
56
TENURE
3.9 yrs

Reagan Honoris

TITLE
Managing Director of Hospitality

Pascall Wilson

TITLE
Managing Director of Industrial Estate

Sami Tapio Miettinen

TITLE
Managing Director of Urban Development

Biakto Adi Putranto

TITLE
Managing Director of Infra & Logistics

Yustinus Saleh

TITLE
Director of Acquisition & Permit
AGE
58
Board of Directors Tenure

Average tenure and age of the Modernland Realty board of directors in years:

6.6
Average Tenure
55.5
Average Age
  • The tenure for the Modernland Realty board of directors is about average.
Board of Directors

William Honoris

TITLE
President Director
AGE
45
TENURE
6.6 yrs

L. H. Chan

TITLE
Vice President Director & Finance Director
AGE
46
TENURE
2.7 yrs

Dharma Sigamani

TITLE
Director of Human Resources & General Affairs and Director
AGE
43

Iwan Suryawijaya

TITLE
Independent Commissioner
AGE
61
TENURE
12.8 yrs

Luntungan Honoris

TITLE
President Commissioner
AGE
70
TENURE
12.8 yrs

Nita Tanawidjaja

TITLE
Independent Commissioner
AGE
59
TENURE
6.6 yrs

Edwyn Lim

TITLE
Commissioner
AGE
52
TENURE
6.6 yrs

Dwa Priyatno

TITLE
Commissioner
AGE
59
TENURE
1.5 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 Modernland Realty'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. Modernland Realty 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 Modernland Realty Tbk, together with its subsidiaries, develops and sells real estate properties in Indonesia. The company develops residential, industrial, and hospitality and commercial properties. It also operates golf courses, club house restaurants, and hotels, as well as offers property leasing, general contracting, and trading services. The company was founded in 1983 and is based in West Jakarta, Indonesia.

Details
Name: PT Modernland Realty Tbk
M4L1
Exchange: BST
Founded: 1983
IDR176,455,414
12,533,067,322
Website: http://www.modernland.co.id
Address: PT Modernland Realty Tbk
Green Central City,
5th Floor,
West Jakarta,
Jakarta Raya, 11120,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX MDLN Series A Shares Indonesia Stock Exchange ID IDR 28. Jan 1993
BST M4L1 Series A Shares Boerse-Stuttgart DE EUR 28. Jan 1993
Number of employees
Current staff
Staff numbers
1,117
Modernland Realty employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 21:43
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/10/03
Last earnings filing: 2019/10/31
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.