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ICTSI Jasa Prima

IDX:KARW
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KARW
IDX
IDR29B
Market Cap
  1. Home
  2. ID
  3. Transportation
Company description

PT ICTSI Jasa Prima Tbk, together with its subsidiaries, engages in the development, construction, and operation of maritime logistics infrastructure facilities and related services in Indonesia. The last earnings update was 156 days ago. More info.


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  • ICTSI Jasa Prima has significant price volatility in the past 3 months.
KARW Share Price and Events
7 Day Returns
0%
IDX:KARW
7.8%
ID Infrastructure
0.8%
ID Market
1 Year Returns
-41.9%
IDX:KARW
-45.6%
ID Infrastructure
-29.8%
ID Market
KARW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ICTSI Jasa Prima (KARW) 0% 0% -21.9% -41.9% -80.3% -87.8%
ID Infrastructure 7.8% -33.1% -39.7% -45.6% -31.1% -54.2%
ID Market 0.8% -19% -27.8% -29.8% -21.8% -17.6%
1 Year Return vs Industry and Market
  • KARW outperformed the Infrastructure industry which returned -45.6% over the past year.
  • KARW underperformed the Market in Indonesia which returned -29.8% over the past year.
Price Volatility
KARW
Industry
5yr Volatility vs Market

Value

 Is ICTSI Jasa Prima 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 ICTSI Jasa Prima 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 ICTSI Jasa Prima.

IDX:KARW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 22.8%
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:KARW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ID Govt Bond Rate 7.1%
Equity Risk Premium S&P Global 7.9%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.669 (1 + (1- 25%) (3018.04%))
10.928
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.07% + (2 * 7.85%)
22.77%

Discounted Cash Flow Calculation for IDX:KARW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ICTSI Jasa Prima 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.

IDX:KARW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 22.77%)
2020 2.22 Est @ -2.05% 1.81
2021 2.23 Est @ 0.68% 1.48
2022 2.29 Est @ 2.6% 1.24
2023 2.38 Est @ 3.94% 1.05
2024 2.50 Est @ 4.88% 0.90
2025 2.64 Est @ 5.54% 0.77
2026 2.79 Est @ 6% 0.66
2027 2.97 Est @ 6.32% 0.58
2028 3.16 Est @ 6.54% 0.50
2029 3.38 Est @ 6.7% 0.43
Present value of next 10 years cash flows $9.00
IDX:KARW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $3.38 × (1 + 7.07%) ÷ (22.77% – 7.07%)
$23.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $23.03 ÷ (1 + 22.77%)10
$2.96
IDX:KARW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $9.00 + $2.96
$11.96
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $11.96 / 587.15
$0.02
IDX:KARW Discount to Share Price
Calculation Result
Exchange Rate USD/IDR
(Reporting currency to currency of IDX:KARW)
16445
Value per Share
(IDR)
= Value per Share in USD x Exchange Rate (USD/IDR)
= $0.02 x 16445
IDR334.98
Value per share (IDR) From above. IDR334.98
Current discount Discount to share price of IDR50.00
= -1 x (IDR50.00 - IDR334.98) / IDR334.98
85.1%

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

Current Discount
Amount off the current price ICTSI Jasa Prima is available for.
Intrinsic value
>50%
Share price is IDR50 vs Future cash flow value of IDR334.98
Current Discount Checks
For ICTSI Jasa Prima to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • ICTSI Jasa Prima's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • ICTSI Jasa Prima'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 ICTSI Jasa Prima's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ICTSI Jasa Prima's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
IDX:KARW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.00
IDX:KARW Share Price ** IDX (2020-04-03) in IDR IDR50
IDX:KARW Share Price converted to USD reporting currency Exchange rate (IDR/ USD) 0 $0
Indonesia Infrastructure Industry PE Ratio Median Figure of 7 Publicly-Listed Infrastructure Companies 10.81x
Indonesia Market PE Ratio Median Figure of 464 Publicly-Listed Companies 10.86x

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

** Primary Listing of ICTSI Jasa Prima.

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

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

= 0 ÷ 0.00

-10.86x

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

  • ICTSI Jasa Prima is loss making, we can't compare its value to the ID Infrastructure industry average.
  • ICTSI Jasa Prima is loss making, we can't compare the value of its earnings to the Indonesia market.
Price based on expected Growth
Does ICTSI Jasa Prima's expected growth come at a high price?
Raw Data
IDX:KARW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Infrastructure Industry PEG Ratio Median Figure of 49 Publicly-Listed Infrastructure Companies 1.05x
Indonesia Market PEG Ratio Median Figure of 100 Publicly-Listed Companies 0.85x

*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 ICTSI Jasa Prima, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ICTSI Jasa Prima's assets?
Raw Data
IDX:KARW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-0.06
IDX:KARW Share Price * IDX (2020-04-03) in IDR IDR50
IDX:KARW Share Price converted to USD reporting currency Exchange rate (IDR/ USD) 0 $0
Indonesia Infrastructure Industry PB Ratio Median Figure of 8 Publicly-Listed Infrastructure Companies 0.8x
Indonesia Market PB Ratio Median Figure of 623 Publicly-Listed Companies 0.79x
IDX:KARW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ -0.06

-0.05x

* Primary Listing of ICTSI Jasa Prima.

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

  • ICTSI Jasa Prima has negative assets, we can't compare the value of its assets to the ID Infrastructure industry average.
X
Value checks
We assess ICTSI Jasa Prima'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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. ICTSI Jasa Prima 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 ICTSI Jasa Prima 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 ICTSI Jasa Prima 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
11.5%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ICTSI Jasa Prima expected to grow at an attractive rate?
  • Unable to compare ICTSI Jasa Prima's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ICTSI Jasa Prima's earnings growth to the Indonesia market average as no estimate data is available.
  • Unable to compare ICTSI Jasa Prima's revenue growth to the Indonesia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
IDX:KARW Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Asia Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
Indonesia Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Indonesia Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*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:KARW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
IDX:KARW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 4 3 0
2019-06-30 6 4 1
2019-03-31 6 1 1
2018-12-31 6 1 1
2018-09-30 7 3 1
2018-06-30 7 2 2
2018-03-31 8 2 2
2017-12-31 8 4 2
2017-09-30 8 4 2
2017-06-30 8 4 3
2017-03-31 9 5 3
2016-12-31 8 3 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ICTSI Jasa Prima is high growth as no earnings estimate data is available.
  • Unable to determine if ICTSI Jasa Prima 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:KARW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ICTSI Jasa Prima Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:KARW Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.01
2016-12-31 0.00

*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.
  • Unable to establish if ICTSI Jasa Prima will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. ICTSI Jasa Prima'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 Transportation companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ICTSI Jasa Prima'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.
ICTSI Jasa Prima 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 ICTSI Jasa Prima 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 ICTSI Jasa Prima's growth in the last year to its industry (Infrastructure).
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.
  • ICTSI Jasa Prima does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare ICTSI Jasa Prima's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ICTSI Jasa Prima's 1-year growth to the ID Infrastructure industry average as it is not currently profitable.
Earnings and Revenue History
ICTSI Jasa Prima'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 ICTSI Jasa Prima Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:KARW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 4.37 -0.16 1.03
2019-06-30 5.68 0.68 1.04
2019-03-31 6.03 0.66 1.07
2018-12-31 6.32 0.73 1.07
2018-09-30 6.78 1.37 1.26
2018-06-30 7.25 1.67 1.32
2018-03-31 7.77 2.14 1.36
2017-12-31 7.92 2.43 1.42
2017-09-30 8.33 2.37 0.98
2017-06-30 8.45 2.70 0.89
2017-03-31 8.58 2.98 0.98
2016-12-31 7.67 2.35 1.05
2016-09-30 6.53 -26.04 1.16
2016-06-30 5.02 -27.42 1.33
2016-03-31 3.62 -28.64 1.28
2015-12-31 3.11 -29.16 1.21
2015-09-30 2.41 -1.14 1.22
2015-06-30 2.51 -1.79 1.10
2015-03-31 2.64 -2.17 0.99
2014-12-31 2.59 -2.96 1.26
2014-09-30 2.41 -4.93 1.73
2014-06-30 2.46 -4.66 2.18
2014-03-31 2.50 -5.04 2.41
2013-12-31 2.64 -4.72 2.22
2013-09-30 3.56 -0.95 1.28
2013-06-30 4.56 -1.82 1.22

*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.
  • It is difficult to establish if ICTSI Jasa Prima has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if ICTSI Jasa Prima has efficiently used its assets last year compared to the ID Infrastructure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ICTSI Jasa Prima improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess ICTSI Jasa Prima'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 Infrastructure 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.
ICTSI Jasa Prima 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 ICTSI Jasa Prima'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 ICTSI Jasa Prima's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ICTSI Jasa Prima's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • ICTSI Jasa Prima's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ICTSI Jasa Prima'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.
  • ICTSI Jasa Prima has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 ICTSI Jasa Prima Company Filings, last reported 6 months ago.

IDX:KARW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -33.62 53.88 1.30
2019-06-30 -33.10 55.82 3.29
2019-03-31 -33.08 55.81 0.89
2018-12-31 -33.42 56.81 1.12
2018-09-30 -33.45 57.72 2.25
2018-06-30 -33.77 57.62 1.90
2018-03-31 -33.73 57.63 2.29
2017-12-31 -34.14 57.62 2.11
2017-09-30 -34.93 57.62 1.50
2017-06-30 -35.55 58.62 2.24
2017-03-31 -35.98 58.62 2.32
2016-12-31 -36.68 59.04 0.89
2016-09-30 -37.29 60.46 1.14
2016-06-30 -38.23 60.93 1.03
2016-03-31 -38.95 60.82 0.62
2015-12-31 -39.01 60.82 0.36
2015-09-30 -11.26 60.75 0.63
2015-06-30 -10.82 61.16 1.41
2015-03-31 -10.31 61.13 0.79
2014-12-31 -9.85 62.52 1.52
2014-09-30 -10.11 62.52 2.34
2014-06-30 -9.02 60.91 0.51
2014-03-31 -8.14 60.91 0.05
2013-12-31 -6.88 60.80 0.33
2013-09-30 -6.12 0.00 0.38
2013-06-30 -5.29 0.00 1.33
  • ICTSI Jasa Prima has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if ICTSI Jasa Prima's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making ICTSI Jasa Prima has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making ICTSI Jasa Prima has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -65.9% per year.
X
Financial health checks
We assess ICTSI Jasa Prima'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. ICTSI Jasa Prima has a total score of 3/6, 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 ICTSI Jasa Prima'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
0%
Current annual income from ICTSI Jasa Prima dividends.
If you bought IDR2,000 of ICTSI Jasa Prima shares you are expected to receive IDR0 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?
  • Unable to evaluate ICTSI Jasa Prima's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ICTSI Jasa Prima's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:KARW 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
Asia Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 124 Stocks 3.5%
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%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as ICTSI Jasa Prima has not reported any payouts.
  • Unable to verify if ICTSI Jasa Prima's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ICTSI Jasa Prima's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ICTSI Jasa Prima has not reported any payouts.
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 ICTSI Jasa Prima'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 ICTSI Jasa Prima afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ICTSI Jasa Prima has a total score of 0/6, 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 ICTSI Jasa Prima'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
Romeo Salvador
AGE 48
CEO Bio

Mr. Romeo Andres Salvador serves as the General Manager of Jasa Prima at International Container Terminal Services Inc. Mr. Salvador served as Chief Executive Officer of PT Makassar Terminal Services at International Container Terminal Services Inc. and has been its President Director of PT Makassar Terminal Services since February 2014. He served as Assistant General Manager for Container Terminal Systems Solutions (now Container Terminal Systems Services Inc.) of International Container Terminal Services Inc. since January 13, 2005 until 2006. Mr. Salvador's previous positions, among others, include: ICTSI Country Representative, Pakistan International Container Terminal, Pakistan since 2013; General Manager & Chief Executive Officer, Tartous International Container Terminal, Syria from 2009 to 2012; Chief Financial Officer, Tartous International Container Terminal, Syria from 2007 to 2008; Project Start-Ups, Madagascar International Container Terminal, Madagascar, and Baltic Container Terminal, Poland from 2003 to 2006; Operations Manager, Manila International Container Terminal, Philippine from 2003 to 2004 and Accounting Manager of ICTSI International Holdings Inc. and ICTSI Ltd. from 1998 to 2003. From 1994 to 1998, he joined Sycip Gorres Velayo & Co (SGV & Co), Philippine, as Financial Auditor and IT Auditor. He has been the President Director of PT PBM Olah Jasa Andal since April 2014. He has been the President Director of PT ICTSI Jasa Prima Tbk since June 19, 2014 and serves as its Director and handles all aspects of management of it. Mr. Salvador is a Certified Public Accountant. He graduated from the De La Salle University, Manila in 1994 with degrees in Bachelor of Science in Accountancy and Bachelor of Arts major in Political Science. He also attended the Asian Institute of Management Center for Continuing Executive Education of Asian Consulting and Training Group Inc. in 1999-2001.

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

Romeo Salvador

TITLE
President Director
AGE
48

Antonio Andrade

TITLE
Finance Director & Director
AGE
61

Arlyn Lacanienta-McDonald

TITLE
Chief Audit Executive
AGE
41
TENURE
5.9 yrs

Inessa Anjani

TITLE
Corporate Secretary
AGE
28
Board of Directors Tenure

Average tenure and age of the ICTSI Jasa Prima board of directors in years:

5.8
Average Tenure
55
Average Age
  • The tenure for the ICTSI Jasa Prima board of directors is about average.
Board of Directors

Romeo Salvador

TITLE
President Director
AGE
48
TENURE
5.8 yrs

Antonio Andrade

TITLE
Finance Director & Director
AGE
61
TENURE
5.3 yrs

Albertus Sumardi

TITLE
Independent Commissioner
AGE
79
TENURE
7.9 yrs

Christian Martin Gonzalez

TITLE
President Commissioner
AGE
44

Jose Joel Sebastian

TITLE
Director
AGE
55

Toto Sukamto

TITLE
Independent Director
AGE
65
TENURE
4.8 yrs

Joel Consing

TITLE
Commissioner
AGE
51
TENURE
7.3 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 (IDR) Value (IDR)
X
Management checks
We assess ICTSI Jasa Prima'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. ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk, together with its subsidiaries, engages in the development, construction, and operation of maritime logistics infrastructure facilities and related services in Indonesia. The company offers services on maintenance, upkeep, operation, and utilization of maritime facilities and infrastructure, including concession of berths and terminals, and container yards; and upkeep, maintenance and repair, and operation of technical, mechanical, and electronic equipment/aids, as well as machinery and special scales. It also provides computer software and hardware related to facilities and infrastructure of maritime logistics; and stevedoring services. In addition, the company engages in the facilities and infrastructures development for maritime logistics; trading of various goods related to maritime logistics facilities and infrastructure; and freight forwarding and warehousing, and marine and water transportation of goods. Further, it is involved in the workshop, installation and sales, and supply or rental of heavy equipment/light appliance and spare parts related to maritime logistics facilities and infrastructures. Additionally, the company offers management, business, and administration consulting related to maritime logistics facilities and infrastructures; and supply and services related to terminal and other maritime logistic facility management, dredging service of port, quay basin, channel, or supply and management of other maritime logistic infrastructure and facilities, as well as strait and shipping passage and other related supporting service. It is also involved in the development, trading, industrial, agribusiness, land transportation, repair shop, and other activities. The company was formerly known as PT Maharlika Indonesia Tbk and changed its name to PT ICTSI Jasa Prima Tbk in August 2012. The company was founded in 1978 and is based in North Jakarta, Indonesia. PT ICTSI Jasa Prima Tbk is a subsidiary of ICTSI Far East Pte. Ltd.

Details
Name: PT ICTSI Jasa Prima Tbk
KARW
Exchange: IDX
Founded: 1978
IDR29,357,635,000
587,152,700
Website: http://www.ijp.co.id
Address: PT ICTSI Jasa Prima Tbk
Graha Kirana Building,
7th Floor,
North Jakarta,
Jakarta Raya, 14350,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX KARW Common Shares Indonesia Stock Exchange ID IDR 30. Dec 1994
Number of employees
Current staff
Staff numbers
1
ICTSI Jasa Prima employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 14:53
End of day share price update: 2020/04/03 00:00
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.