Suparma Tbk PT

Suparma Tbk PT maintains a relatively strong liquidity position, with a current ratio of 2.0, indicating that its current assets exceed its current liabilities by a factor of two. The company's liquidity FPT (free cash flow to total debt) is not explicitly provided, but its free cash flow of 187.1 billion IDR and total liabilities of 1.17 trillion IDR suggest a moderate ability to service debt obligations. The company's price-to-book ratio of 0.34 indicates that its market value is significantly below its book value, which may reflect market skepticism about its asset quality or future earnings potential.

In terms of profitability, Suparma Tbk PT reports a return on equity (ROE) of 4.27% and a return on assets (ROA) of 2.9%. These figures are below the typical thresholds for strong performance in the Paper Products industry, suggesting that the company is not generating returns that significantly outpace its cost of capital. The company's operating margin, calculated as operating income of 181.5 billion IDR divided by revenue of 2.74 trillion IDR, is approximately 6.6%, which is in line with the industry median of 6.5%.

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 significant international operations disclosed. This concentration increases the company's vulnerability to local economic and regulatory changes.

Suparma Tbk PT's growth trajectory appears to be modest. The company's capital expenditure of -44.85 billion IDR (negative, indicating a reduction in capital spending) and its free cash flow of 187.1 billion IDR suggest a focus on maintaining operations rather than aggressive expansion. The outlook for the current fiscal year indicates a slight increase in revenue, but the magnitude of the increase is not specified. The company's net income of 106.23 billion IDR and operating income of 181.5 billion IDR suggest stable, but not robust, earnings performance.

The company faces several risk factors, including a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt indicates that the company's cash reserves are insufficient to cover its long-term obligations. The debt-to-equity ratio of 0.29 suggests a relatively conservative capital structure, but the company's price-to-book ratio of 0.34 indicates that the market may be undervaluing its assets. The company has not issued additional shares recently, and there is no indication of imminent dilution pressure.

Recent events and filings do not provide specific details about the company's strategic initiatives or major operational changes. The company's 10-K filing and other disclosures do not mention any significant new projects, partnerships, or regulatory challenges that would impact its near-term performance. The absence of recent major events suggests a stable but unremarkable operational environment.