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Added to YB: 2025-09-24

Pitch date: 2025-09-22

INTP.JK [neutral]

PT Indocement Tunggal Prakarsa Tbk

-1.78%

current return

Author Info

Patches AKF is an investor discussing global small and medium cap companies - ideally those with minimal coverage on the internet. Sign up for the newsletter.

Company Info

PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Market Cap

IDR 22.0T

Pitch Price

IDR 7.0K

Price Target

N/A

Dividend

3.89%

EV/EBITDA

5.77

P/E

11.04

EV/Sales

1.16

Sector

Construction Materials

Category

value

Show full summary:
Patches AKF | Portfolio Holdings - Valuation Analysis - PT Indocement Tunggal Prakarsa Tbk

INTP.JK (holding update): Indonesian cement co trades at $77 EV/ton (discount to replacement cost) despite 60% capacity utilization. Strong competitive position, high FCF conversion. Earnings near 10yr avg at low utilization - significant upside if capacity hits 70%. 44% payout ratio (3.7% yield) + IDR2.25b buyback (~10% mcap) with strong balance sheet.

Read full article (1 min)