Tigaraksa Satria Tbk PT

Tigaraksa Satria Tbk PT maintains a relatively strong liquidity position, with a current ratio of 1.88, indicating the company can cover its short-term liabilities with its short-term assets. However, the company reported a negative operating cash flow of -112.5 billion IDR, which may signal short-term cash flow challenges despite a positive free cash flow of 104.9 billion IDR. The company's capital structure is supported by a low debt-to-equity ratio of 0.11, suggesting a conservative leverage approach.

In terms of profitability, the company's return on equity (ROE) of 4.54% and return on assets (ROA) of 1.96% are below the typical thresholds for high-performing firms in the food retail and distribution industry. These metrics suggest that the company is generating modest returns relative to its equity and asset base, which may indicate inefficiencies or competitive pressures.

The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. Geographically, the company is primarily exposed to the Indonesian market, with no disclosed international operations. This concentration may increase the company's vulnerability to local economic and regulatory changes.

Looking ahead, the company's growth trajectory appears to be modest. The available data does not provide specific revenue growth projections for the current or next fiscal year. However, the company's free cash flow of 104.9 billion IDR suggests it has the capacity to fund operations and potentially invest in growth initiatives.

The company faces several risk factors, including a negative operating cash flow and a liquidity risk score of medium. The risk of dilution is assessed as low, with no significant dilution sources identified in the available data. The company's capital structure remains relatively stable, with a low debt-to-equity ratio and a manageable level of long-term debt.

Recent events and disclosures indicate that the company has not experienced any major financial or operational disruptions in the latest reporting period. The company's financial performance remains consistent with its historical trends, with no significant deviations in revenue or net income.

Operating and net margins exceed Food Retail cohort medians, indicating superior profitability relative to peers.

Debt-to-equity ratio of 0.11 is in the top quartile, signaling a conservative capital structure with low leverage risk.

Revenue grew at a 2.3% CAGR over four years, demonstrating consistent top-line expansion despite market volatility.

Free cash flow turned positive in FY2009, reaching 128 billion IDR, suggesting improved operational cash generation.

Low dilution and credit risk flags indicate minimal threats to shareholder value from financing or default issues.

Net income declined at a 4.0% CAGR over four years, reflecting persistent erosion in bottom-line profitability.

Cash conversion ratio of -1.23 places the company in the bottom quartile, indicating poor cash generation efficiency.

Return on equity of 4.54% trails the cohort median of 5.08%, suggesting suboptimal capital efficiency compared to peers.

Revenue contracted by 2.2% year-over-year in FY2009, signaling a recent reversal in top-line growth momentum.

Medium liquidity risk flag suggests potential challenges in meeting short-term obligations or maintaining cash reserves.

Revenue IDR 3.55T, +8,0% YoY; Operating income +16,5% YoY.

• ▍Revenue IDR 3.55T, +8,0% YoY
• ▍Operating income +16,5% YoY
• ▍Net income +18,8% YoY
• ▍Free cash flow +1,8% YoY
• ▍Net margin 4.2%

Revenue IDR 3.58T, +11,4% YoY; Operating income +7,1% YoY.

• ▍Revenue IDR 3.58T, +11,4% YoY
• ▍Operating income +7,1% YoY
• ▍Net income +7,1% YoY
• ▍Free cash flow +13,0% YoY
• ▍Net margin 3.1%

Revenue IDR 2.99T, −10,6% YoY; Operating income −8,6% YoY.

• ▍Revenue IDR 2.99T, −10,6% YoY
• ▍Operating income −8,6% YoY
• ▍Net income −10,8% YoY
• ▍Free cash flow −13,9% YoY
• ▍Net margin 2.7%

Revenue IDR 3.31T, +5,8% YoY; Operating income +4,3% YoY.

• ▍Revenue IDR 3.31T, +5,8% YoY
• ▍Operating income +4,3% YoY
• ▍Net income −2,6% YoY
• ▍Free cash flow −2,7% YoY
• ▍Net margin 2.2%

Revenue IDR 3.21T; Operating income IDR 128.97B.

• ▍Revenue IDR 3.21T
• ▍Operating income IDR 128.97B
• ▍Net margin 3.2%

Revenue IDR 3.29T; Operating income IDR 153.62B.

• ▍Revenue IDR 3.29T
• ▍Operating income IDR 153.62B
• ▍Net margin 3.8%

Revenue IDR 3.13T; Operating income IDR 83.20B.

• ▍Revenue IDR 3.13T
• ▍Operating income IDR 83.20B
• ▍Net margin 2.4%

Revenue IDR 3.35T; Operating income IDR 109.11B.

• ▍Revenue IDR 3.35T
• ▍Operating income IDR 109.11B
• ▍Net margin 2.7%

Revenue IDR 13.07T, −2,2% YoY; Operating income +0,1% YoY.

• ▍Revenue IDR 13.07T, −2,2% YoY
• ▍Operating income +0,1% YoY
• ▍Net income −0,9% YoY
• ▍Free cash flow −6,7% YoY
• ▍Net margin 3.1%

Revenue IDR 13.36T, −6,0% YoY; Operating income −16,0% YoY.

• ▍Revenue IDR 13.36T, −6,0% YoY
• ▍Operating income −16,0% YoY
• ▍Net income −9,8% YoY
• ▍Free cash flow +397,6% YoY
• ▍Net margin 3.1%

Revenue IDR 14.21T, +9,5% YoY; Operating income −2,9% YoY.

• ▍Revenue IDR 14.21T, +9,5% YoY
• ▍Operating income −2,9% YoY
• ▍Net income −4,4% YoY
• ▍Free cash flow −136,1% YoY
• ▍Net margin 3.2%

Revenue IDR 12.98T, +8,8% YoY; Operating income −0,5% YoY.

• ▍Revenue IDR 12.98T, +8,8% YoY
• ▍Operating income −0,5% YoY
• ▍Net income −0,6% YoY
• ▍Free cash flow −26,0% YoY
• ▍Net margin 3.7%