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Added to YB: 2026-06-19

Pitch date: 2026-06-17

SIDO.JK [neutral]

PT Industri Jamu dan Farmasi Sido Muncul Tbk

Author Info

No bio for this author

Company Info

PT Industri Jamu dan Farmasi Sido Muncul Tbk provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Market Cap

IDR 11.2T

Pitch Price

N/A

Price Target

N/A

Dividend

9.74%

EV/EBITDA

6.70

P/E

9.81

EV/Sales

2.65

Sector

Personal Care Products

Category

value

Show full summary:
Sido Muncul: 11% FCF yield. But 49% of revenue from related parties?

SIDO.JK (watchlist): Top Indonesian herbal medicine maker (Tolak Angin 72% share). 11% FCFF yield, 9x NTM P/E, 25% ROA. Exports growing 33% p.a. Q1'26 rev -19% on deliberate destocking, mgmt sees demand intact. Concerns: ~49% rev from related parties (Hidayat family), WC not bottomed, consensus too optimistic. Catalyst: possible strategic sale at ~$1bn (+70%). Wait for better entry.

Read full article (5 min)