Indah Kiat Pulp & Paper Tbk PT
IDX:INKP
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.4), the stock would be worth Rp9 334.01 (4% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.5 | Rp9 750 |
0%
|
| 3-Year Average | 0.4 | Rp9 334.01 |
-4%
|
| 5-Year Average | 0.5 | Rp10 409.79 |
+7%
|
| Industry Average | 0 | Rp0.64 |
-100%
|
| Country Average | 0.7 | Rp15 137.3 |
+55%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| ID |
|
Indah Kiat Pulp & Paper Tbk PT
IDX:INKP
|
53.3T IDR | 0.5 | 6.9 | |
| FI |
|
UPM-Kymmene Oyj
OMXH:UPM
|
13.4B EUR | 1.1 | 28 | |
| BR |
|
Suzano SA
BOVESPA:SUZB3
|
54.2B BRL | 0.9 | 4 | |
| ZA |
S
|
Sappi Ltd
JSE:SAP
|
9.8B ZAR | 0.4 | -2.2 | |
| FI |
S
|
Stora Enso Oyj
OMXH:STERV
|
7.5B EUR | 0.6 | 10.7 | |
| CN |
|
Shandong Sun Paper Co Ltd
SZSE:002078
|
41.1B CNY | 1.1 | 12.6 | |
| SE |
|
Holmen AB
STO:HOLM B
|
48.7B SEK | 0.7 | 17.7 | |
| JP |
|
Oji Holdings Corp
TSE:3861
|
836.6B JPY | 0.6 | 31.1 | |
| UK |
|
Mondi PLC
LSE:MNDI
|
3.4B GBP | 0.7 | 23.9 | |
| HK |
|
Nine Dragons Paper (Holdings) Ltd
HKEX:2689
|
29.7B HKD | 0.6 | 8 | |
| CN |
|
Guangxi Yuegui Guangye Holdings Co Ltd
SZSE:000833
|
25.4B CNY | 4.7 | 53 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.3 |
| Median | 0.7 |
| 70th Percentile | 1.4 |
| Max | 115 637.5 |
Other Multiples
Indah Kiat Pulp & Paper Tbk PT
Glance View
Indah Kiat Pulp & Paper Tbk PT, a prominent player in the Indonesian paper industry, has crafted a narrative deeply intertwined with the region's rich natural resources and burgeoning economic landscape. Founded in 1976 as part of the global conglomerate Asia Pulp & Paper, the company has positioned itself as a titan within Southeast Asia's paper and pulp sector. Leveraging vast expanses of sustainably managed forests, Indah Kiat transforms raw timber into a diverse array of products—ranging from industrial-grade paper to high-quality consumer stationery. Their integrated production process, which includes everything from pulping to paper finishing, ensures efficiency and quality control, giving them a competitive edge within the market. Not only does this vertical integration reduce costs and enhance supply chain reliability, but it also underscores their commitment to sustainability and environmental stewardship. The driving force behind Indah Kiat's profitability is its strategic positioning to cater to both local and international markets. The company capitalizes on Indonesia's geographical advantage, reducing shipping times and costs to key markets in Asia and beyond. Domestically, they meet Indonesia's robust demand for paper products, fueled by a growing population and increasing urbanization. Internationally, Indah Kiat exports a significant portion of its production to satisfy global demand, particularly in regions where economic growth accelerates paper consumption. By maintaining a diversified product line—from low-cost pulp for bulk needs to specialty papers for premium segments—the company successfully mitigates market fluctuations, ensuring a steady stream of revenues. In essence, Indah Kiat’s business model and operational prowess allow it to adeptly navigate the complexities of the global paper industry while securing its place as an industry leader.