Superior Prima Sukses PT Tbk
Superior Prima Sukses PT Tbk has a market price of 159.0 and a market cap of 1,413,542,817,600.0. The company's price-to-earnings ratio is 16.84, and its price-to-book ratio is 1.26, indicating a moderate valuation relative to its book value. The enterprise value to EBITDA ratio is 15.01, and the enterprise value to revenue ratio is 1.34, suggesting a reasonable valuation in terms of revenue. In terms of profitability, the company's return on equity is 0.0749, and its return on assets is 0.0412. These figures are below the industry median for Construction Materials, indicating that the company is underperforming in terms of capital efficiency and asset utilization. The company's revenue is concentrated in Indonesia, with no significant geographic diversification. The company's segments are primarily focused on lightweight brick manufacturing and instant cement products. The lack of geographic and product diversification increases the company's exposure to local market conditions. The company's growth trajectory is mixed. The current fiscal year is expected to show a revenue increase, but the next fiscal year is projected to have a smaller growth rate. The company's capital expenditure is negative, indicating a reduction in investment in new projects or capacity expansion. The company faces a medium liquidity risk, as indicated by its current ratio of 0.72, which is below 1. The company also has a debt-to-equity ratio of 0.54, suggesting a moderate level of leverage. The risk assessment indicates a low dilution risk, but the company's net cash is negative after subtracting total debt, which could impact its financial flexibility. Recent events include the company's financial performance and capital structure changes. The company's operating cash flow is positive, but its free cash flow is negative, indicating that the company is not generating enough cash to cover its capital expenditures. The company's financial filings and transcripts do not indicate any significant new developments or strategic shifts.
Business. Superior Prima Sukses PT Tbk (BLES.JK) is an Indonesia-based company engaged in the lightweight brick manufacturing industry, producing products under the brands Blesscon and Superiore Block, and offering instant cement products such as Blessbond and Superiorebond.
Classification. The company is classified under the Basic Materials economic sector, Mineral Resources business sector, and Construction Materials industry, with a classification confidence of 0.92.
- The company has a moderate valuation with a price-to-earnings ratio of 16.84 and a price-to-book ratio of 1.26.
- The company's profitability metrics, such as return on equity and return on assets, are below the industry median.
- The company's revenue is concentrated in Indonesia, increasing its exposure to local market conditions.
- The company's growth trajectory is mixed, with a projected slowdown in the next fiscal year.
- The company faces a medium liquidity risk and a moderate level of leverage.
- # RATIONALES
- **margin_outlook_rationale**: The company's margin outlook is expected to remain stable due to consistent demand for lightweight bricks in the Indonesian market.
- **rd_outlook_rationale**: The company's research and development outlook is neutral, as there are no significant new product launches or innovations disclosed.
- Net cash is negative after subtracting total debt.