PTSP$1030.0057

Pioneerindo Gourmet International Tbk PT

Restaurants & BarsVerified

Score breakdown

Valuation+42Profitability+35Sentiment+21Risk penalty-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations13

The company maintains a conservative capital structure with a debt-to-equity ratio of 0.38, indicating a balanced approach to leverage [doc:HA-latest]. Its liquidity position is assessed as medium, with a current ratio of 0.92, suggesting potential short-term liquidity constraints [doc:HA-latest]. The price-to-book ratio of 1.34 and price-to-tangible-book ratio of 1.34 reflect a market valuation in line with tangible asset values [doc:Valuation snapshot]. Profitability metrics show a return on equity of 11.42% and return on assets of 5.47%, which are below the industry median for Restaurants & Bars, indicating room for improvement in asset utilization and capital efficiency [doc:HA-latest]. Operating margins are constrained by a gross profit margin of 61.6%, with operating income representing 4.1% of revenue [doc:HA-latest]. The company’s revenue is heavily concentrated in the CFC segment, which accounts for 314 of its 348 total outlets, representing over 90% of its restaurant network [doc:HA-latest]. The Sapo Oriental, Cal Donat, and Sugakiya segments collectively operate 34 outlets, suggesting limited diversification and exposure to regional demand fluctuations [doc:HA-latest]. Growth trajectory appears modest, with revenue of 703.3 billion IDR in the latest period and a trailing twelve-month revenue of 207.3 billion IDR. The company’s free cash flow of 60.2 billion IDR supports reinvestment, but capital expenditures of 23.2 billion IDR indicate ongoing investment in infrastructure [doc:HA-latest]. Risk factors include a medium liquidity risk due to a current ratio below 1 and a negative net cash position after subtracting total debt. Dilution risk is assessed as low, with no near-term pressure from share issuance or ATM facilities [doc:Risk assessment]. Recent events include the continued expansion of the CFC brand, with 314 outlets, and the maintenance of a diversified portfolio across four restaurant concepts. No material regulatory or geopolitical risks are disclosed in the latest financial filings [doc:HA-latest].

Profile

CompanyPioneerindo Gourmet International Tbk PT

TickerPTSP.JK

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryRestaurants & Bars

AI analysis

Business. PT Pioneerindo Gourmet International Tbk operates in the restaurant sector, generating revenue through four segments: California Fried Chicken (CFC), Sapo Oriental, Cal Donat, and Sugakiya, offering fast food, oriental cuisine, donuts, and ramen across Indonesia [doc:HA-latest].

Classification. The company is classified under industry Restaurants & Bars, within the Cyclical Consumer Services business sector, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

The company’s capital structure is balanced, with a debt-to-equity ratio of 0.38.
Profitability metrics are below industry medians, with ROE of 11.42% and ROA of 5.47%.
Revenue is heavily concentrated in the CFC segment, with limited diversification across other brands.
Free cash flow of 60.2 billion IDR supports reinvestment, but capital expenditures remain a drag.
Liquidity risk is medium, with a current ratio of 0.92 and negative net cash after debt.
--
# RATIONALES
```json

Financial snapshot

PeriodHA-latest

CurrencyIDR

Revenue$703.26B

Gross profit$432.95B

Operating income$29.08B

Net income$19.38B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$93.79B

CapEx-$23.19B

Free cash flow$60.21B

Total assets$354.32B

Total liabilities$184.62B

Total equity$169.70B

Cash & equivalents—

Long-term debt$64.99B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$703.26B$29.08B$19.38B$60.21B

FY-1$691.24B$25.33B$21.03B$50.97B

FY-2$623.95B$20.87B$16.06B$53.88B

FY-3$555.69B$14.88B$8.72B$55.00B

FY-4$423.07B-$5.51B-$17.60B$26.64B

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$354.32B$169.70B——

FY-1$343.30B$151.67B——

FY-2$328.93B$132.77B$1.0k—

FY-3$291.72B$115.99B——

FY-4$323.19B$107.28B——

PeriodOCFCapExFCFSBC

FY0$93.79B-$23.19B$60.21B—

FY-1$83.44B-$28.81B$50.97B—

FY-2$69.18B-$21.42B$53.88B—

FY-3$38.60B-$12.21B$55.00B—

FY-4$44.99B-$15.94B$26.64B—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$204.53B———

FQ-1$169.55B$10.61B$5.56B$9.62B

FQ-2$164.89B$2.95B$1.21B$14.76B

FQ-3$199.66B$13.58B$11.94B$25.52B

FQ-4$169.16B$1.94B$669.6M$12.76B

FQ-5$174.26B$4.40B$4.90B$5.79B

FQ-6$172.63B$5.45B$4.23B$13.03B

FQ-7$195.04B$18.40B$15.24B$30.03B

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0—$187.12B$55.30B—

FQ-1$354.32B$169.70B——

FQ-2$337.72B$165.50B——

FQ-3$340.14B$163.52B$1.0k—

FQ-4$365.25B$152.34B——

FQ-5$343.30B$151.67B——

FQ-6$329.00B$148.91B——

FQ-7$320.30B$144.68B——

PeriodOCFCapExFCFSBC

FQ0$43.43B-$3.72B——

FQ-1$93.79B-$23.19B$9.62B—

FQ-2$60.93B-$16.18B$14.76B—

FQ-3$41.90B-$11.94B$25.52B—

FQ-4$14.51B-$6.44B$12.76B—

FQ-5$83.44B-$28.81B$5.79B—

FQ-6$38.15B-$20.62B$13.03B—

FQ-7$44.64B-$10.48B$30.03B—

Valuation

Market price$1030.00

Market cap$227.43B

Enterprise value$292.43B

P/E11.7

Reported non-GAAP P/E—

EV/Revenue0.4

EV/Op income10.1

EV/OCF3.1

P/B1.3

P/Tangible book1.3

Tangible book$169.70B

Net cash-$64.99B

Current ratio0.9

Debt/Equity0.4

ROA5.5%

ROE11.4%

Cash conversion4.8%

CapEx/Revenue-3.3%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Restaurants & Bars · cohort 3 companies

MetricPTSPActivity

Op margin4.1%31.3% medp25 27.3% · p75 38.7%bottom quartile

Net margin2.8%25.4% medp25 22.2% · p75 28.6%bottom quartile

Gross margin61.6%53.4% medp25 32.5% · p75 67.0%above median

CapEx / revenue-3.3%4.5% medp25 3.7% · p75 8.5%bottom quartile

Debt / equity38.0%-162.1% medp25 -1197.0% · p75 101.3%above median

Observations

IR observations

Last actual EPS19.42 IDR

Last actual revenue207,324,400,000 IDR

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-05 00:29 UTC#c3ee087f

Market quoteclose IDR 1030.00 · shares 0.22B diluted

no public URL

2026-05-05 00:29 UTC#4370e66e

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 00:30 UTCJob: 7ee2eb51