Prim.Jk

The company's capital structure is characterized by a strong equity base, with total equity of IDR 939.43 billion and no long-term debt, resulting in a debt-to-equity ratio of 0.0. This indicates a conservative capital structure with no leverage. The company maintains a current ratio of 2.01, suggesting it has sufficient short-term assets to cover its liabilities. However, the price-to-book ratio of 0.3 implies that the market values the company at a significant discount to its book value, which may reflect concerns about its profitability or future earnings potential.

Profitability metrics show a challenging performance, with a net loss of IDR 21.82 billion and an operating loss of IDR 22.90 billion in the latest reporting period. The return on equity (ROE) is -2.32%, and the return on assets (ROA) is -2.08%, both of which are negative and significantly below the industry median for pharmaceutical companies. The gross profit margin is 21.5%, which is in line with the industry average, but the operating margin is negative, indicating that the company is struggling to convert revenue into operating profit.

Geographically, the company's revenue is concentrated in Indonesia, with no disclosed international operations. The company operates in a single business segment, which is the pharmaceuticals segment. This lack of diversification increases the company's exposure to local economic and regulatory risks, as well as potential supply chain disruptions within the country.

The company's growth trajectory is mixed. While it reported a free cash flow of IDR 30.72 billion, indicating that it is generating positive cash from operations after capital expenditures, the operating cash flow of IDR 4.14 billion is relatively low. The company's revenue for the period was IDR 338.91 billion, but there is no indication of year-over-year growth. The company's capital expenditures were negative, suggesting that it may be reducing its investment in physical assets, which could impact its long-term growth potential.

Risk factors for the company include its negative net income and operating income, which raise concerns about its ability to sustain operations and meet financial obligations. The company has no immediate filing-based liquidity or dilution flags, and the risk of dilution is assessed as low. However, the company's negative ROE and ROA suggest that it is not effectively utilizing its equity and assets to generate returns, which could lead to further financial distress if not addressed.

Recent events include the company's latest financial filing, which shows a significant decline in profitability. There are no recent transcripts or other disclosures that provide additional insight into the company's operations or strategic direction. The company's financial performance and lack of profitability are key concerns for investors, and any further deterioration in financial metrics could trigger increased scrutiny from stakeholders.

Primoris Services Corp (PRIM.K) has entered the analyst coverage radar, marking the first available analysis for the ticker. This initial data point establishes a baseline for the industrial services provider, which currently operates with a lean executive structure of one reported officer and is tracked by three analysts. The company is not currently a member of any major indices, and its shareholder base comprises 32 top holders. The most material development in the available data is a series of notable additions to the company’s institutional holder list. Multiple investors initiated new positions in the stock, with filings detected in mid-2026. These additions include significant stakes reported as of March 31, 2026, and June 30, 2024, indicating renewed or initial interest from various investment entities. Specific holder activity reveals substantial capital deployment. One investor added a position valued at approximately $295.3 million as of March 31, 2026, representing a portfolio weight of roughly 1.02%. Another notable addition involved a stake worth about $268.9 million, carrying a weight of 5.02%. Additional investors established positions ranging from $79.5 million to $165.8 million, with portfolio weights varying between 0.48% and 3.44%. These new holdings matter as they signal growing institutional confidence in Primoris Services Corp’s market position. The accumulation of shares by multiple distinct investors suggests that the market is beginning to price in the company’s fundamentals more actively. With no prior basis for delta computation, these initial entries serve as the foundational reference point for future tracking of ownership concentration and investor sentiment.

Revenue is projected to grow 19% year-over-year to $7.57 billion in fiscal 2026, demonstrating strong top-line expansion.

Net income is expected to surge 52% to $274.9 million in fiscal 2026, indicating significant profitability acceleration.

Free cash flow is forecast to increase 60.3% to $219.6 million in fiscal 2026, highlighting robust cash generation.

Analysts assign a mean price target of $174.43, implying 37.8% upside from the current market price of $126.61.

Long-term debt is projected to decline to $469.9 million in fiscal 2026, reflecting a deleveraging trend.

The company carries a high credit risk flag, signaling potential concerns regarding its creditworthiness or debt obligations.

Return on equity of 3.81% trails the 4.72% cohort median, suggesting less efficient use of shareholder capital.

The company faces medium liquidity risk, which could impact its ability to meet short-term financial obligations.