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Mitra Pinasthika Mustika

IDX:MPMX
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MPMX
IDX
IDR2,014B
Market Cap
  1. Home
  2. ID
  3. Retail
Company description

PT Mitra Pinasthika Mustika Tbk, through its subsidiaries, engages in the distribution of two-wheel vehicle and spare parts under Honda brand primarily in Indonesia. The last earnings update was 150 days ago. More info.


Add to Portfolio Compare Print
  • Mitra Pinasthika Mustika has significant price volatility in the past 3 months.
MPMX Share Price and Events
7 Day Returns
-1.7%
IDX:MPMX
6.9%
ID Specialty Retail
8.4%
ID Market
1 Year Returns
-56.5%
IDX:MPMX
-44%
ID Specialty Retail
-30.6%
ID Market
MPMX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mitra Pinasthika Mustika (MPMX) -1.7% -20.7% -29.6% -56.5% -45.3% -41.1%
ID Specialty Retail 6.9% -15.6% -25.2% -44% 9.3% -10.5%
ID Market 8.4% -18.2% -29% -30.6% -21.8% -18.1%
1 Year Return vs Industry and Market
  • MPMX underperformed the Specialty Retail industry which returned -44% over the past year.
  • MPMX underperformed the Market in Indonesia which returned -30.6% over the past year.
Price Volatility
MPMX
Industry
5yr Volatility vs Market

Value

 Is Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika.

IDX:MPMX 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 480.000000
Payout Ratio Company Filings (2019-09-30) 3028.9%
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year ID Government Bond Rate 7.1%

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 IDX:MPMX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ID Govt Bond Rate 7.1%
Equity Risk Premium S&P Global 7.9%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.739 (1 + (1- 25%) (14.61%))
0.967
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.07% + (0.967 * 7.85%)
14.66%

Discounted Cash Flow Calculation for IDX:MPMX using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Mitra Pinasthika Mustika 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.

IDX:MPMX Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= IDR480 / (14.66% - 7.07%)
IDR3727.79
IDX:MPMX Discount to Share Price
Calculation Result
Value per share (IDR) From above. IDR3,727.79
Current discount Discount to share price of IDR468.00
= -1 x (IDR468.00 - IDR3,727.79) / IDR3,727.79
87.4%

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

Current Discount
Amount off the current price Mitra Pinasthika Mustika is available for.
Intrinsic value
>50%
Share price is IDR468 vs Future cash flow value of IDR3727.79
Current Discount Checks
For Mitra Pinasthika Mustika to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mitra Pinasthika Mustika's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mitra Pinasthika Mustika'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 Mitra Pinasthika Mustika's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mitra Pinasthika Mustika's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
IDX:MPMX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in IDR IDR79.82
IDX:MPMX Share Price ** IDX (2020-03-27) in IDR IDR468
Indonesia Specialty Retail Industry PE Ratio Median Figure of 13 Publicly-Listed Specialty Retail Companies 7.16x
Indonesia Market PE Ratio Median Figure of 465 Publicly-Listed Companies 10.95x

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

** Primary Listing of Mitra Pinasthika Mustika.

IDX:MPMX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 468 ÷ 79.82

5.86x

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

  • Mitra Pinasthika Mustika is good value based on earnings compared to the ID Specialty Retail industry average.
  • Mitra Pinasthika Mustika is good value based on earnings compared to the Indonesia market.
Price based on expected Growth
Does Mitra Pinasthika Mustika's expected growth come at a high price?
Raw Data
IDX:MPMX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Specialty Retail Industry PEG Ratio Median Figure of 82 Publicly-Listed Specialty Retail Companies 0.92x
Indonesia Market PEG Ratio Median Figure of 102 Publicly-Listed Companies 0.78x

*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 Mitra Pinasthika Mustika, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mitra Pinasthika Mustika's assets?
Raw Data
IDX:MPMX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in IDR IDR1,636.87
IDX:MPMX Share Price * IDX (2020-03-27) in IDR IDR468
Indonesia Specialty Retail Industry PB Ratio Median Figure of 13 Publicly-Listed Specialty Retail Companies 0.58x
Indonesia Market PB Ratio Median Figure of 623 Publicly-Listed Companies 0.8x
IDX:MPMX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 468 ÷ 1,636.87

0.29x

* Primary Listing of Mitra Pinasthika Mustika.

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

  • Mitra Pinasthika Mustika is good value based on assets compared to the ID Specialty Retail industry average.
X
Value checks
We assess Mitra Pinasthika Mustika'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 Specialty Retail 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mitra Pinasthika Mustika has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
8.1%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mitra Pinasthika Mustika expected to grow at an attractive rate?
  • Unable to compare Mitra Pinasthika Mustika's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mitra Pinasthika Mustika's earnings growth to the Indonesia market average as no estimate data is available.
  • Unable to compare Mitra Pinasthika Mustika's revenue growth to the Indonesia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
IDX:MPMX Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 8.1%
Asia Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 8.1%
Indonesia Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Indonesia Market Revenue Growth Rate Market Cap Weighted Average 9.2%

*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
IDX:MPMX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
IDX:MPMX Future Estimates Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-29
IDX:MPMX Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-09-30 16,743,399 -682,951 338,904
2019-06-30 16,408,866 -550,677 160,050
2019-03-31 16,211,973 -190,986 96,275
2018-12-31 15,893,585 102,235 5,146
2018-09-30 15,021,254 269,277 159,083
2018-06-30 14,754,120 442,528 161,989
2018-03-31 14,187,243 926,015 26,977
2017-12-31 14,290,131 388,351 98,864
2017-09-30 15,106,984 306,249 12,167
2017-06-30 15,290,459 -319,859 143,845
2017-03-31 16,135,335 -249,153 303,741
2016-12-31 16,605,462 219,351 280,635

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Mitra Pinasthika Mustika is high growth as no earnings estimate data is available.
  • Unable to determine if Mitra Pinasthika Mustika is high growth as no revenue estimate data is available.
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
IDX:MPMX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mitra Pinasthika Mustika Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:MPMX Future Estimates Data
Date (Data in IDR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-29
IDX:MPMX Past Financials Data
Date (Data in IDR Millions) EPS *
2019-09-30 79.82
2019-06-30 37.91
2019-03-31 22.87
2018-12-31 1.22
2018-09-30 37.51
2018-06-30 38.00
2018-03-31 6.30
2017-12-31 22.92
2017-09-30 2.83
2017-06-30 33.51
2017-03-31 70.76
2016-12-31 65.31

*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.
  • Unable to establish if Mitra Pinasthika Mustika will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Mitra Pinasthika Mustika is trading at Mitra Pinasthika Mustika'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Mitra Pinasthika Mustika's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Mitra Pinasthika Mustika'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika's growth in the last year to its industry (Specialty Retail).
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.
  • Mitra Pinasthika Mustika's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Mitra Pinasthika Mustika's 1-year earnings growth exceeds its 5-year average (113% vs -31.3%)
  • Mitra Pinasthika Mustika's earnings growth has exceeded the ID Specialty Retail industry average in the past year (113% vs 37.7%).
Earnings and Revenue History
Mitra Pinasthika Mustika'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 Mitra Pinasthika Mustika Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:MPMX 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 16,743,399.00 338,904.00 952,019.00
2019-06-30 16,408,866.00 160,050.00 954,758.00
2019-03-31 16,211,973.00 96,275.00 939,425.00
2018-12-31 15,893,585.00 5,146.00 917,699.00
2018-09-30 15,021,254.00 159,083.00 791,019.00
2018-06-30 14,754,120.00 161,989.00 769,981.00
2018-03-31 14,187,243.00 26,977.00 716,877.00
2017-12-31 14,290,131.00 98,864.00 769,515.00
2017-09-30 15,106,984.00 12,167.00 988,516.00
2017-06-30 15,290,459.00 143,845.00 1,013,762.00
2017-03-31 16,135,335.00 303,741.00 1,128,827.00
2016-12-31 16,605,462.00 280,635.00 1,123,933.00
2016-09-30 16,890,834.00 234,827.00 1,097,223.00
2016-06-30 16,807,643.00 231,786.00 1,069,473.00
2016-03-31 16,882,185.00 240,818.00 1,001,227.00
2015-12-31 16,639,689.00 284,946.00 975,458.00
2015-09-30 16,198,085.00 422,344.00 678,449.00
2015-06-30 16,409,713.00 436,091.00 651,855.00
2015-03-31 16,335,647.00 451,104.00 500,773.00
2014-12-31 16,076,412.00 487,188.00 585,036.00
2014-09-30 15,579,266.00 514,428.00 887,414.00
2014-06-30 14,945,202.00 562,021.00 950,427.00
2014-03-31 14,287,120.00 563,229.00 1,180,552.00
2013-12-31 13,878,602.00 526,490.00 1,145,759.00
2013-09-30 13,201,101.00 475,667.00 1,112,603.00
2013-06-30 12,381,313.00 439,553.00 1,083,861.00
2013-03-31 11,421,638.00 396,872.00 981,022.50

*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.
  • Mitra Pinasthika Mustika has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mitra Pinasthika Mustika used its assets less efficiently than the ID Specialty Retail industry average last year based on Return on Assets.
  • Mitra Pinasthika Mustika's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mitra Pinasthika Mustika'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 Specialty Retail 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.
Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika'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 Mitra Pinasthika Mustika's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mitra Pinasthika Mustika is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mitra Pinasthika Mustika's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mitra Pinasthika Mustika'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 13.1x 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 Mitra Pinasthika Mustika Company Filings, last reported 5 months ago.

IDX:MPMX Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 7,211,062.00 294,105.00 2,104,754.00
2019-06-30 7,074,440.00 356,331.00 1,884,431.00
2019-03-31 8,898,120.00 455,365.00 4,466,295.00
2018-12-31 8,769,470.00 346,930.00 4,317,859.00
2018-09-30 9,038,130.00 127,585.00 4,726,444.00
2018-06-30 8,967,028.00 3,539,321.00 7,673,759.00
2018-03-31 4,726,036.00 2,912,845.00 1,357,632.00
2017-12-31 4,625,045.00 3,131,908.00 1,286,290.00
2017-09-30 5,035,839.00 2,921,377.00 1,718,602.00
2017-06-30 5,097,095.00 3,002,986.00 1,074,444.00
2017-03-31 5,828,342.00 6,992,597.00 540,271.00
2016-12-31 5,647,472.00 7,288,963.00 332,355.00
2016-09-30 5,777,157.00 6,529,439.00 979,993.00
2016-06-30 5,600,274.00 7,167,299.00 1,030,384.00
2016-03-31 5,500,109.00 6,733,727.00 981,538.00
2015-12-31 5,340,247.00 7,091,647.00 1,159,775.00
2015-09-30 5,223,615.00 7,263,843.00 1,081,534.00
2015-06-30 5,327,312.00 7,134,083.00 932,365.00
2015-03-31 5,275,846.00 6,991,931.00 995,661.00
2014-12-31 5,260,159.00 6,992,121.00 1,106,722.00
2014-09-30 5,340,221.00 7,093,954.00 1,681,566.00
2014-06-30 5,203,112.00 6,037,224.00 785,349.00
2014-03-31 4,563,803.00 5,871,780.00 772,327.00
2013-12-31 4,394,574.00 5,538,541.00 848,298.00
2013-09-30 4,344,010.00 5,163,290.00 942,428.00
2013-06-30 4,240,472.00 5,299,400.00 1,115,854.00
2013-03-31 1,837,204.00 6,137,045.00 865,881.00
  • Mitra Pinasthika Mustika's level of debt (4.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (132.8% vs 4.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Mitra Pinasthika Mustika earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Mitra Pinasthika Mustika'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. Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika'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
102.56%
Current annual income from Mitra Pinasthika Mustika dividends.
If you bought IDR2,000 of Mitra Pinasthika Mustika shares you are expected to receive IDR2,051 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?
  • Mitra Pinasthika Mustika's pays a higher dividend yield than the bottom 25% of dividend payers in Indonesia (1.92%).
  • Mitra Pinasthika Mustika's dividend is above the markets top 25% of dividend payers in Indonesia (8.14%).
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
IDX:MPMX 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 0 Analyst Estimates (S&P Global) See Below
Indonesia Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 8.1%
Indonesia Market Average Dividend Yield Market Cap Weighted Average of 183 Stocks 4.2%
Indonesia Minimum Threshold Dividend Yield 10th Percentile 0.9%
Indonesia Bottom 25% Dividend Yield 25th Percentile 1.9%
Indonesia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

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

IDX:MPMX Future Dividends Estimate Data
Date (Data in IDR) Dividend per Share (annual) Avg. No. Analysts
2020-03-29
IDX:MPMX Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2019-03-29 480.000 64.859
2015-05-25 7.000 1.287

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

  • Whilst dividend payments have been stable, Mitra Pinasthika Mustika has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Mitra Pinasthika Mustika only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Mitra Pinasthika Mustika's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mitra Pinasthika Mustika's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Mitra Pinasthika Mustika afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mitra Pinasthika Mustika has a total score of 2/6, 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 Mitra Pinasthika Mustika'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
Suwito Mawarwati
AGE 53
TENURE AS CEO 1.5 years
CEO Bio

Mr. Suwito Mawarwati serves as President Director and Group Chief Executive Officer at PT Mitra Pinasthika Mustika Tbk since September 27, 2018. Mr. Mawarwati served as a Director of Pt Sasana Artha Finance. He has been with MPM Group since 1997, first as the Director of PT Mitra Pinasthika Mustika in Surabaya followed by his appointment as the President Director of PT Mitra Pinasthika Mulia, a subsidiary of PT Mitra Pinasthika Mustika Tbk and the sole distributor for HONDA motorcycles in East Java and East Nusa Tenggara. Prior to joining MPM Group, Mr. Mawarwati had worked in PT Astra International Tbk, Honda Sales Operation (1987-1997). He graduated from the Tarumanegara University, Jakarta, majoring in Management (1987).

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

Suwito Mawarwati

TITLE
President Director & Group CEO
AGE
53
TENURE
1.5 yrs

Beatrice Busono

TITLE
MD, Group CFO
AGE
43
TENURE
2.2 yrs

Ivan Hindarko

TITLE
Group Chief Operating Officer

Ang Amelia

TITLE
General Manager of Corporate Accounting

Adhi Laksmanaputra

TITLE
Senior Manager of Corporate Finance

Laura Lu

TITLE
General Manager of Corporate Investor Relations

Susan Ong

TITLE
VP of Corporate Legal Transaction

Timothy Hutapea

TITLE
General Manager of Legal Regulation & Compliance

Natalia Lusnita

TITLE
General Manager of Corporate Communication

Riany Agustina

TITLE
Head of Corporate Marketing & CRM
Board of Directors Tenure

Average tenure and age of the Mitra Pinasthika Mustika board of directors in years:

7
Average Tenure
58.5
Average Age
  • The tenure for the Mitra Pinasthika Mustika board of directors is about average.
Board of Directors

Suwito Mawarwati

TITLE
President Director & Group CEO
AGE
53
TENURE
1.5 yrs

Beatrice Busono

TITLE
MD, Group CFO
AGE
43
TENURE
1.8 yrs

Titien Supeno

TITLE
Group Human Resources Director & Independent Director
AGE
46
TENURE
7 yrs

Edwin Soeryadjaya

TITLE
President Commissioner
AGE
69
TENURE
10.2 yrs

Istama Siddartha

TITLE
Independent Commissioner
AGE
60
TENURE
7 yrs

Tossin Himawan

TITLE
Commissioner
AGE
72
TENURE
6.5 yrs

Danny Walla

TITLE
Commissioner
AGE
74
TENURE
10.2 yrs

Benny Redjo Setyono

TITLE
Independent Commissioner
AGE
57
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 (IDR) Value (IDR)
X
Management checks
We assess Mitra Pinasthika Mustika'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. Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika Tbk, through its subsidiaries, engages in the distribution of two-wheel vehicle and spare parts under Honda brand primarily in Indonesia. It operates through four segments: Distribution and Retail, Aftermarket, Transportation, and Others. The company operates MPMMotor retail outlets. It is also involved in the four-wheel vehicle rental, general insurance, and financing activities, as well as sale of four wheels-vehicle and its supporting activities. In addition, the company provides after-market parts and services; investment, management consulting, and advisory services; auction services; outsourcing services; land, sea, and air freight forwarding; and other, trading, and workshop services. Further, it manufactures and packages oil lubricants; trades in new and used motor vehicles, and supporting components; and offers general and motor vehicle trading and agency services. PT Mitra Pinasthika Mustika Tbk was founded in 1987 and is headquartered in Jakarta, Indonesia.

Details
Name: PT Mitra Pinasthika Mustika Tbk
MPMX
Exchange: IDX
Founded: 1987
IDR2,013,622,926,588
4,302,613,091
Website: http://www.mpmgroup.co.id
Address: PT Mitra Pinasthika Mustika Tbk
Lippo Kuningan,
26th Floor,
Jakarta,
12940,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX MPMX Common Shares Indonesia Stock Exchange ID IDR 29. May 2013
Number of employees
Current staff
Staff numbers
2,242
Mitra Pinasthika Mustika employees.
Industry
Automotive Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 16:42
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2019/12/03
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.