Indonesian Tobacco Tbk PT

Capital Structure and Liquidity Indonesian Tobacco Tbk has a market capitalization of IDR 240.82 billion and a price-to-book ratio of 0.51, indicating that the market values the company at a discount to its book value. The company's liquidity position is assessed as medium, with a current ratio of 1.39, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company has a negative net cash position after subtracting total debt, which may pose liquidity challenges. ### Profitability and Returns The company's return on equity (ROE) is 4.31%, and its return on assets (ROA) is 3.14%, both of which are below the typical thresholds for strong performance in the tobacco industry. The price-to-earnings ratio of 11.84 suggests that the stock is trading at a moderate valuation relative to its earnings. The company's operating margin is 13.07% (calculated from operating income of IDR 40.98 billion on revenue of IDR 313.45 billion), which is in line with industry norms for tobacco manufacturers. ### Segments and Geographic Exposure The company's business is primarily focused on the domestic Indonesian market, with a significant portion of its revenue derived from the production and sale of IRIS tobacco and self-rolled tobacco products. The company's product portfolio includes a variety of cigarette brands, but there is no indication of significant international operations or diversification into other tobacco-related segments. ### Growth Trajectory The company's revenue for the latest period is IDR 313.45 billion, with a gross profit of IDR 67.40 billion. While the company has a strong revenue base, there is no specific guidance provided for future growth. The company's free cash flow is positive at IDR 13.04 billion, which could be used for reinvestment or shareholder returns. ### Risk Factors The company faces a medium liquidity risk, as indicated by its current ratio and negative net cash position. The risk of dilution is assessed as low, with no significant dilution potential reported. The company's debt-to-equity ratio is 0.28, indicating a relatively conservative capital structure. ### Recent Events There are no specific recent events or filings mentioned in the provided data that would significantly impact the company's operations or financial position. The company's capital expenditure for the period is negative, suggesting that it may have generated more cash from operations than it spent on capital projects.