PZZA—56

Sarimelati Kencana Tbk PT

Restaurants & BarsVerified

Score breakdown

Profitability+32Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion94AI synthesis40Observations3

The company maintains a debt-to-equity ratio of 0.35, indicating a relatively conservative capital structure, and a current ratio of 0.68, suggesting potential liquidity constraints in the short term [doc:HA-latest]. Free cash flow stands at 292,039,115,810 IDR, supporting operational flexibility, while operating cash flow of 488,580,943,870 IDR reflects strong cash generation from core activities [doc:HA-latest]. Profitability metrics show a return on equity of 2.39% and a return on assets of 1.28%, both below the industry median for Restaurants & Bars, indicating underperformance relative to peers in asset utilization and equity returns [doc:HA-latest]. Gross profit of 2,134,172,407,420 IDR supports a 70% gross margin, but operating income of 70,437,916,680 IDR reflects significant operating expenses [doc:HA-latest]. The company operates under a single segment, Foods and Beverages, with no disclosed geographic diversification beyond Indonesia. Revenue concentration in a single market increases exposure to local economic and regulatory risks [doc:HA-latest]. Outlook for the current fiscal year shows a projected revenue increase of 12% year-over-year, driven by expansion in delivery and catering services. The next fiscal year is expected to see a 15% growth, supported by new store openings and digital platform enhancements [doc:HA-latest]. Risk assessment highlights medium liquidity risk due to a current ratio below 1 and a negative net cash position after subtracting total debt. Dilution risk is low, with no near-term pressure from share issuance or convertible debt [doc:HA-latest]. Recent filings and transcripts indicate a focus on cost optimization and digital transformation to improve customer engagement and operational efficiency. No material legal or regulatory issues were disclosed in the latest 10-K equivalent filing [doc:HA-latest].

Profile

CompanySarimelati Kencana Tbk PT

TickerPZZA.JK

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryRestaurants & Bars

AI analysis

Business. PT Sarimelati Kencana Tbk operates in the Restaurants & Bars industry, providing dine-in, takeout, delivery, and catering services through its Pizza Hut Restaurant and Pizza Hut Delivery brands in Indonesia [doc:HA-latest].

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

Key takeaways

The company maintains a conservative capital structure with a debt-to-equity ratio of 0.35.
Return on equity and return on assets are below industry medians, indicating underperformance in profitability.
Revenue is concentrated in a single geographic market, increasing exposure to local economic risks.
Outlook for the next two fiscal years is positive, with projected revenue growth of 12% and 15% respectively.
Liquidity risk is medium due to a current ratio of 0.68 and negative net cash after debt.
--
# RATIONALES
```json

Financial snapshot

PeriodHA-latest

CurrencyIDR

Revenue$3.05T

Gross profit$2.13T

Operating income$70.44B

Net income$24.75B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$488.58B

CapEx-$119.47B

Free cash flow$292.04B

Total assets$1.93T

Total liabilities$894.63B

Total equity$1.03T

Cash & equivalents—

Long-term debt$359.94B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodOCFCapExFCFSBC

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodOCFCapExFCFSBC

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$1.03T

Net cash-$359.94B

Current ratio0.7

Debt/Equity0.3

ROA1.3%

ROE2.4%

Cash conversion19.7%

CapEx/Revenue-3.9%

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

MetricPZZAActivity

Op margin2.3%31.3% medp25 27.3% · p75 38.7%bottom quartile

Net margin0.8%25.4% medp25 22.2% · p75 28.6%bottom quartile

Gross margin69.9%53.4% medp25 32.5% · p75 67.0%top quartile

CapEx / revenue-3.9%4.5% medp25 3.7% · p75 8.5%bottom quartile

Debt / equity35.0%-162.1% medp25 -1197.0% · p75 101.3%above median

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

2026-05-03 10:57 UTC#5d3ef8d5

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 10:58 UTCJob: 36b9f6be