Added to YB: 2025-02-03
Pitch date: 2025-01-30
INTP.JK [bullish]
PT Indocement Tunggal Prakarsa Tbk
+7.42%
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 products in Indonesia and internationally.
Market Cap
IDR 14.9T
Pitch Price
IDR 5.1K
Price Target
N/A
Dividend
5.69%
EV/EBITDA
3.56
P/E
6.70
EV/Sales
0.72
Sector
Construction Materials
Category
value
PT Indocement (IDX: INTP)
INTP.JK: 2nd largest Indonesian cement maker, 25% market share. Low-cost producer on Java. 19% EBITDA margin, 9% ROIC since 2017. Net cash for 16 years. Trades at $42/ton vs. $150/ton replacement cost. 29% 5-yr IRR potential. Risks: currency, govt action, capital allocation. Strong position in West Java, 50% share in home market.
Read full article (10 min)