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Multi Bintang Indonesia Tbk
Buy, Hold or Sell?

Let's analyse Multi Bintang Indonesia Tbk together

PenkeI guess you are interested in Multi Bintang Indonesia Tbk. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Multi Bintang Indonesia Tbk. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Multi Bintang Indonesia Tbk (30 sec.)










What can you expect buying and holding a share of Multi Bintang Indonesia Tbk? (30 sec.)

How much money do you get?

How much money do you get?
Rp0.05
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
Rp592.88
Expected worth in 1 year
Rp784.87
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
Rp722.84
Return On Investment
10.2%

For what price can you sell your share?

Current Price per Share
Rp7,100.00
Expected price per share
Rp6,950 - Rp7,200
How sure are you?
50%

1. Valuation of Multi Bintang Indonesia Tbk (5 min.)




Live pricePrice per Share (EOD)

Rp7,100.00

Intrinsic Value Per Share

Rp1,108.47 - Rp10,794.52

Total Value Per Share

Rp1,701.35 - Rp11,387.39

2. Growth of Multi Bintang Indonesia Tbk (5 min.)




Is Multi Bintang Indonesia Tbk growing?

Current yearPrevious yearGrowGrow %
How rich?$124.9m$96.9m$18.3m15.9%

How much money is Multi Bintang Indonesia Tbk making?

Current yearPrevious yearGrowGrow %
Making money$25.2m$21.4m$3.7m14.9%
Net Profit Margin30.9%29.5%--

How much money comes from the company's main activities?

3. Financial Health of Multi Bintang Indonesia Tbk (5 min.)




What can you expect buying and holding a share of Multi Bintang Indonesia Tbk? (5 min.)

Welcome investor! Multi Bintang Indonesia Tbk's management wants to use your money to grow the business. In return you get a share of Multi Bintang Indonesia Tbk.

What can you expect buying and holding a share of Multi Bintang Indonesia Tbk?

First you should know what it really means to hold a share of Multi Bintang Indonesia Tbk. And how you can make/lose money.

Speculation

The Price per Share of Multi Bintang Indonesia Tbk is Rp7,100. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Multi Bintang Indonesia Tbk.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Multi Bintang Indonesia Tbk, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is Rp592.88. Based on the TTM, the Book Value Change Per Share is Rp48.00 per quarter. Based on the YOY, the Book Value Change Per Share is Rp0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is Rp132.71 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Multi Bintang Indonesia Tbk.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 Rp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.010.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.020.0%0.010.0%0.010.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.040.0%0.020.0%0.010.0%0.020.0%0.020.0%
Usd Price Per Share0.87-0.88-0.87-1.11-11.03-
Price to Earnings Ratio19.44-18.87-21.76-23.83-294.26-
Price-to-Total Gains Ratio24.40-62.29-23.36-71.89-807.09-
Price to Book Ratio14.63-16.23-20.80-24.07-370.54-
Price-to-Total Gains Ratio24.40-62.29-23.36-71.89-807.09-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.71
Number of shares1408
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.02
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.020.02
Gains per Quarter (1408 shares)25.4423.25
Gains per Year (1408 shares)101.7893.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
175279288583
21495419417511176
32248129626316269
429910839835022362
537413550043827455
644816260252533548
752318970461338641
859821680670044734
967324390878849827
10747270101087555920

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%77.01.00.098.7%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%30.010.00.075.0%55.022.01.070.5%
Dividend per Share3.00.01.075.0%11.00.01.091.7%19.00.01.095.0%39.00.01.097.5%72.00.06.092.3%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%38.02.00.095.0%73.04.01.093.6%

Fundamentals of Multi Bintang Indonesia Tbk

About Multi Bintang Indonesia Tbk

PT Multi Bintang Indonesia Tbk produces and markets alcoholic and non-alcoholic beverages in Indonesia. The company offers beers under the Heineken and Bintang Pilsner brands; cold-brewed beers under the Bintang Crystal brand name; Bintang Radler Lemon, a fusion of Bintang beer and natural citrus juice; zero alcohol beer and zero alcohol carbonated malt beverages under the Bintang brand; and carbonated soft drinks under the Green Sands brand names. It also exports its products. The company was founded in 1929 and is headquartered in Jakarta, Indonesia. PT Multi Bintang Indonesia Tbk is a subsidiary of Heineken International B.V.

Fundamental data was last updated by Penke on 2024-03-10 22:45:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Multi Bintang Indonesia Tbk.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Multi Bintang Indonesia Tbk earns for each Rp1 of revenue.

  • Above 10% is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • A Net Profit Margin of 30.6% means that Rp0.31 for each Rp1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 30.6%. The company is making a huge profit. +2
  • The TTM is 30.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.6%TTM30.9%-0.3%
TTM30.9%YOY29.5%+1.4%
TTM30.9%5Y24.7%+6.1%
5Y24.7%10Y27.3%-2.6%
1.1.2. Return on Assets

Shows how efficient Multi Bintang Indonesia Tbk is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • 7.2% Return on Assets means that Multi Bintang Indonesia Tbk generated Rp0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 7.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.7%-0.5%
TTM7.7%YOY7.4%+0.3%
TTM7.7%5Y6.9%+0.8%
5Y6.9%10Y8.7%-1.8%
1.1.3. Return on Equity

Shows how efficient Multi Bintang Indonesia Tbk is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • 18.8% Return on Equity means Multi Bintang Indonesia Tbk generated Rp0.19 for each Rp1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 18.8%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.8%TTM22.4%-3.6%
TTM22.4%YOY23.5%-1.2%
TTM22.4%5Y21.1%+1.3%
5Y21.1%10Y27.1%-6.0%

1.2. Operating Efficiency of Multi Bintang Indonesia Tbk.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Multi Bintang Indonesia Tbk is operating .

  • Measures how much profit Multi Bintang Indonesia Tbk makes for each Rp1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • An Operating Margin of 0.0% means the company generated Rp0.00  for each Rp1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.4%-10.4%
TTM10.4%YOY40.2%-29.8%
TTM10.4%5Y28.7%-18.3%
5Y28.7%10Y15.6%+13.1%
1.2.2. Operating Ratio

Measures how efficient Multi Bintang Indonesia Tbk is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Beverages - Brewers industry mean).
  • An Operation Ratio of 1.01 means that the operating costs are Rp1.01 for each Rp1 in net sales.

Let's take a look of the Operating Ratio trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 1.009. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.995. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.009TTM0.995+0.013
TTM0.995YOY0.996-0.001
TTM0.9955Y1.090-0.095
5Y1.09010Y0.710+0.381

1.3. Liquidity of Multi Bintang Indonesia Tbk.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Multi Bintang Indonesia Tbk is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Beverages - Brewers industry mean).
  • A Current Ratio of 0.80 means the company has Rp0.80 in assets for each Rp1 in short-term debts.

Let's take a look of the Current Ratio trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 0.804. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.753. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.804TTM0.753+0.051
TTM0.753YOY0.631+0.122
TTM0.7535Y0.735+0.018
5Y0.73510Y0.384+0.352
1.3.2. Quick Ratio

Measures if Multi Bintang Indonesia Tbk is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • A Quick Ratio of 0.71 means the company can pay off Rp0.71 for each Rp1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 0.707. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.632. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.707TTM0.632+0.074
TTM0.632YOY0.567+0.065
TTM0.6325Y0.598+0.035
5Y0.59810Y0.428+0.170

1.4. Solvency of Multi Bintang Indonesia Tbk.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Multi Bintang Indonesia Tbk assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Multi Bintang Indonesia Tbk to Beverages - Brewers industry mean.
  • A Debt to Asset Ratio of 0.62 means that Multi Bintang Indonesia Tbk assets are financed with 61.8% credit (debt) and the remaining percentage (100% - 61.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 0.618. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.650. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.618TTM0.650-0.032
TTM0.650YOY0.670-0.020
TTM0.6505Y0.648+0.002
5Y0.64810Y0.658-0.009
1.4.2. Debt to Equity Ratio

Measures if Multi Bintang Indonesia Tbk is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • A Debt to Equity ratio of 161.8% means that company has Rp1.62 debt for each Rp1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Multi Bintang Indonesia Tbk:

  • The MRQ is 1.618. The company is just able to pay all its debts with equity.
  • The TTM is 1.876. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.618TTM1.876-0.258
TTM1.876YOY2.213-0.338
TTM1.8765Y2.027-0.151
5Y2.02710Y2.173-0.146

2. Market Valuation of Multi Bintang Indonesia Tbk

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every Rp1 in earnings Multi Bintang Indonesia Tbk generates.

  • Above 15 is considered overpriced but always compare Multi Bintang Indonesia Tbk to the Beverages - Brewers industry mean.
  • A PE ratio of 19.44 means the investor is paying Rp19.44 for every Rp1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Multi Bintang Indonesia Tbk:

  • The EOD is 15.914. Based on the earnings, the company is fair priced.
  • The MRQ is 19.444. Based on the earnings, the company is fair priced.
  • The TTM is 18.872. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD15.914MRQ19.444-3.530
MRQ19.444TTM18.872+0.572
TTM18.872YOY21.762-2.890
TTM18.8725Y23.830-4.958
5Y23.83010Y294.262-270.432
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Multi Bintang Indonesia Tbk:

  • The EOD is 9.219. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.265. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.675. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.219MRQ11.265-2.045
MRQ11.265TTM5.675+5.590
TTM5.675YOY29.031-23.356
TTM5.6755Y-3.923+9.598
5Y-3.92310Y139.871-143.793
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Multi Bintang Indonesia Tbk is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Beverages - Brewers industry mean).
  • A PB ratio of 14.63 means the investor is paying Rp14.63 for each Rp1 in book value.

Let's take a look of the Price to Book Ratio trends of Multi Bintang Indonesia Tbk:

  • The EOD is 11.976. Based on the equity, the company is expensive. -2
  • The MRQ is 14.632. Based on the equity, the company is expensive. -2
  • The TTM is 16.230. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.976MRQ14.632-2.657
MRQ14.632TTM16.230-1.598
TTM16.230YOY20.797-4.566
TTM16.2305Y24.067-7.836
5Y24.06710Y370.543-346.476
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Multi Bintang Indonesia Tbk compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--111.53847.998+132%0.014+789853%9.764+1042%4.696+2275%
Book Value Per Share--592.876547.292+8%460.091+29%519.573+14%442.149+34%
Current Ratio--0.8040.753+7%0.631+27%0.735+9%0.384+110%
Debt To Asset Ratio--0.6180.650-5%0.670-8%0.648-5%0.658-6%
Debt To Equity Ratio--1.6181.876-14%2.213-27%2.027-20%2.173-26%
Dividend Per Share--244.035132.713+84%101.719+140%155.370+57%202.222+21%
Eps--111.538119.945-7%102.030+9%99.671+12%106.746+4%
Free Cash Flow Per Share--192.52998.561+95%134.569+43%108.932+77%178.590+8%
Free Cash Flow To Equity Per Share---82.214-49.977-39%-5.919-93%-30.694-63%106.047-178%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--10794.517--------
Intrinsic Value_10Y_min--1108.475--------
Intrinsic Value_1Y_max--768.600--------
Intrinsic Value_1Y_min--393.885--------
Intrinsic Value_3Y_max--2547.940--------
Intrinsic Value_3Y_min--945.528--------
Intrinsic Value_5Y_max--4614.967--------
Intrinsic Value_5Y_min--1232.178--------
Market Cap14959700454400.000-22%18278225555200.00018567938064000.000-2%18396744308800.000-1%23466713481600.000-22%232444247173810.000-92%
Net Profit Margin--0.3060.309-1%0.295+4%0.247+24%0.273+12%
Operating Margin---0.104-100%0.402-100%0.287-100%0.156-100%
Operating Ratio--1.0090.995+1%0.996+1%1.090-8%0.710+42%
Pb Ratio11.976-22%14.63216.230-10%20.797-30%24.067-39%370.543-96%
Pe Ratio15.914-22%19.44418.872+3%21.762-11%23.830-18%294.262-93%
Price Per Share7100.000-22%8675.0008812.500-2%8731.250-1%11137.500-22%110320.000-92%
Price To Free Cash Flow Ratio9.219-22%11.2655.675+98%29.031-61%-3.923+135%139.871-92%
Price To Total Gains Ratio19.968-22%24.39762.287-61%23.356+4%71.889-66%807.086-97%
Quick Ratio--0.7070.632+12%0.567+25%0.598+18%0.428+65%
Return On Assets--0.0720.077-7%0.074-3%0.069+4%0.087-17%
Return On Equity--0.1880.224-16%0.235-20%0.211-11%0.271-30%
Total Gains Per Share--355.573180.711+97%101.733+250%165.134+115%206.917+72%
Usd Book Value--124918900.000115314500.000+8%96941250.000+29%109473965.000+14%93160720.000+34%
Usd Book Value Change Per Share--0.0110.005+132%0.000+789853%0.001+1042%0.000+2275%
Usd Book Value Per Share--0.0590.055+8%0.046+29%0.052+14%0.044+34%
Usd Dividend Per Share--0.0240.013+84%0.010+140%0.016+57%0.020+21%
Usd Eps--0.0110.012-7%0.010+9%0.010+12%0.011+4%
Usd Free Cash Flow--40565900.00020766900.000+95%28353700.000+43%22951895.000+77%37628882.500+8%
Usd Free Cash Flow Per Share--0.0190.010+95%0.013+43%0.011+77%0.018+8%
Usd Free Cash Flow To Equity Per Share---0.008-0.005-39%-0.001-93%-0.003-63%0.011-178%
Usd Market Cap1495970045.440-22%1827822555.5201856793806.400-2%1839674430.880-1%2346671348.160-22%23244424717.381-92%
Usd Price Per Share0.710-22%0.8680.881-2%0.873-1%1.114-22%11.032-92%
Usd Profit--23501100.00025272425.000-7%21497725.000+9%21000615.000+12%22491446.000+4%
Usd Revenue--76889900.00081655450.000-6%73005050.000+5%73729895.000+4%76448488.000+1%
Usd Total Gains Per Share--0.0360.018+97%0.010+250%0.017+115%0.021+72%
 EOD+4 -4MRQTTM+18 -17YOY+26 -95Y+26 -910Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Multi Bintang Indonesia Tbk based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.914
Price to Book Ratio (EOD)Between0-111.976
Net Profit Margin (MRQ)Greater than00.306
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.707
Current Ratio (MRQ)Greater than10.804
Debt to Asset Ratio (MRQ)Less than10.618
Debt to Equity Ratio (MRQ)Less than11.618
Return on Equity (MRQ)Greater than0.150.188
Return on Assets (MRQ)Greater than0.050.072
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Multi Bintang Indonesia Tbk based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.776
Ma 20Greater thanMa 507,042.500
Ma 50Greater thanMa 1007,154.000
Ma 100Greater thanMa 2007,533.971
OpenGreater thanClose7,050.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in IDR. All numbers in thousands.

Summary
Total Assets3,270,220,000
Total Liabilities2,021,031,000
Total Stockholder Equity1,249,189,000
 As reported
Total Liabilities 2,021,031,000
Total Stockholder Equity+ 1,249,189,000
Total Assets = 3,270,220,000

Assets

Total Assets3,270,220,000
Total Current Assets1,510,067,000
Long-term Assets1,760,153,000
Total Current Assets
Cash And Cash Equivalents 477,702,000
Short-term Investments 200,617,000
Net Receivables 447,806,000
Inventory 278,716,000
Other Current Assets 41,656,000
Total Current Assets  (as reported)1,510,067,000
Total Current Assets  (calculated)1,446,497,000
+/- 63,570,000
Long-term Assets
Property Plant Equipment 1,476,359,000
Other Assets 142,497,000
Long-term Assets  (as reported)1,760,153,000
Long-term Assets  (calculated)1,618,856,000
+/- 141,297,000

Liabilities & Shareholders' Equity

Total Current Liabilities1,877,848,000
Long-term Liabilities142,413,000
Total Stockholder Equity1,249,189,000
Total Current Liabilities
Short-term Debt 350,000,000
Short Long Term Debt 350,000,000
Accounts payable 231,426,000
Other Current Liabilities 242,976,000
Total Current Liabilities  (as reported)1,877,848,000
Total Current Liabilities  (calculated)1,174,402,000
+/- 703,446,000
Long-term Liabilities
Long term Debt Total 22,325,000
Capital Lease Obligations 34,040,000
Long-term Liabilities Other 12,020,000
Long-term Liabilities  (as reported)142,413,000
Long-term Liabilities  (calculated)68,385,000
+/- 74,028,000
Total Stockholder Equity
Common Stock21,070,000
Retained Earnings 1,226,317,000
Capital Surplus 1,802,000
Total Stockholder Equity (as reported)1,249,189,000
Total Stockholder Equity (calculated)1,249,189,000
+/-0
Other
Capital Stock21,070,000
Cash and Short Term Investments 678,319,000
Common Stock Shares Outstanding 2,107,000
Liabilities and Stockholders Equity 3,270,220,000
Net Invested Capital 1,599,189,000
Net Working Capital -367,781,000
Property Plant and Equipment Gross 3,169,703,000



Balance Sheet

Currency in IDR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-06-302002-12-312002-06-302001-12-312001-06-30
> Total Assets 
442,351,000
517,775,314
502,824,000
475,039,238
467,067,000
483,004,000
509,614,000
534,748,000
521,277,000
558,388,000
558,051,000
595,339,000
574,261,000
575,385,000
553,918,000
595,887,000
596,541,000
613,721,000
591,391,000
613,234,000
621,835,000
0
651,138,000
754,668,000
941,389,000
1,107,727,000
786,009,000
839,487,000
993,465,000
797,508,000
860,509,000
887,045,000
1,137,082,000
1,205,238,000
1,211,970,000
976,153,000
1,220,813,000
1,424,511,000
1,063,286,000
1,152,048,000
1,471,374,000
1,405,878,000
1,597,788,000
1,813,466,000
1,782,148,000
2,167,196,000
2,137,382,000
2,200,139,000
2,231,051,000
2,042,513,000
2,002,520,000
2,150,106,000
2,100,853,000
2,549,395,000
2,101,188,000
2,374,443,000
2,275,038,000
2,923,256,000
2,156,593,000
2,481,818,000
2,510,078,000
2,742,875,000
2,311,695,000
2,609,608,000
2,889,501,000
3,172,296,000
2,804,869,000
2,890,271,000
2,896,950,000
4,078,623,000
3,472,964,000
3,096,121,000
2,907,425,000
3,229,775,000
2,868,484,000
2,881,005,000
2,922,017,000
3,109,161,000
2,824,836,000
2,819,211,000
3,374,502,000
3,415,228,000
3,106,936,000
3,270,220,000
3,270,220,0003,106,936,0003,415,228,0003,374,502,0002,819,211,0002,824,836,0003,109,161,0002,922,017,0002,881,005,0002,868,484,0003,229,775,0002,907,425,0003,096,121,0003,472,964,0004,078,623,0002,896,950,0002,890,271,0002,804,869,0003,172,296,0002,889,501,0002,609,608,0002,311,695,0002,742,875,0002,510,078,0002,481,818,0002,156,593,0002,923,256,0002,275,038,0002,374,443,0002,101,188,0002,549,395,0002,100,853,0002,150,106,0002,002,520,0002,042,513,0002,231,051,0002,200,139,0002,137,382,0002,167,196,0001,782,148,0001,813,466,0001,597,788,0001,405,878,0001,471,374,0001,152,048,0001,063,286,0001,424,511,0001,220,813,000976,153,0001,211,970,0001,205,238,0001,137,082,000887,045,000860,509,000797,508,000993,465,000839,487,000786,009,0001,107,727,000941,389,000754,668,000651,138,0000621,835,000613,234,000591,391,000613,721,000596,541,000595,887,000553,918,000575,385,000574,261,000595,339,000558,051,000558,388,000521,277,000534,748,000509,614,000483,004,000467,067,000475,039,238502,824,000517,775,314442,351,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,050,196,000
1,228,961,000
1,476,446,000
1,068,532,000
1,174,555,000
1,162,802,000
2,302,223,000
1,731,695,000
1,407,707,000
1,189,261,000
1,494,686,000
1,170,894,000
1,182,544,000
1,241,112,000
1,185,657,000
1,185,657,000
1,139,611,000
1,649,257,000
1,578,392,000
1,277,962,000
1,510,067,000
1,510,067,0001,277,962,0001,578,392,0001,649,257,0001,139,611,0001,185,657,0001,185,657,0001,241,112,0001,182,544,0001,170,894,0001,494,686,0001,189,261,0001,407,707,0001,731,695,0002,302,223,0001,162,802,0001,174,555,0001,068,532,0001,476,446,0001,228,961,0001,050,196,000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
211,734,000
307,896,000
698,176,000
221,696,000
266,347,000
77,797,000
1,530,026,000
1,178,793,000
710,543,000
633,253,000
1,039,478,000
624,376,000
570,198,000
638,197,000
868,421,000
543,920,000
520,364,000
742,329,000
658,409,000
377,456,000
477,702,000
477,702,000377,456,000658,409,000742,329,000520,364,000543,920,000868,421,000638,197,000570,198,000624,376,0001,039,478,000633,253,000710,543,0001,178,793,0001,530,026,00077,797,000266,347,000221,696,000698,176,000307,896,000211,734,000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
250,000,000
1,858,000
700,372,000
125,072,000
0
0
350,000,000
100,654,000
495,000
101,502,000
200,130,000
855,000
200,617,000
200,617,000855,000200,130,000101,502,000495,000100,654,000350,000,00000125,072,000700,372,0001,858,000250,000,00000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
28,832,000
57,971,325
32,370,000
56,427,581
57,907,000
65,308,000
42,907,000
71,533,000
86,477,000
97,426,000
87,212,000
87,221,000
99,473,000
118,921,000
93,005,000
113,409,000
106,775,000
97,855,000
66,229,000
94,952,000
111,694,000
0
93,285,000
93,128,000
107,305,000
169,669,000
102,665,000
68,042,000
94,348,000
105,813,000
140,446,000
126,401,000
221,236,000
140,977,000
247,667,000
135,665,000
264,465,000
218,351,000
179,377,000
166,805,000
316,087,000
270,635,000
248,317,000
196,712,000
325,807,000
309,285,000
215,505,000
307,155,000
382,051,000
201,493,000
273,874,000
356,492,000
209,771,000
338,104,000
418,432,000
346,224,000
289,580,000
440,763,000
342,906,000
401,507,000
572,397,000
381,231,000
423,236,000
523,041,000
605,643,000
471,994,000
529,722,000
540,094,000
860,651,000
453,637,000
243,560,000
381,370,000
336,773,000
207,820,000
273,761,000
281,189,000
329,199,000
333,770,000
333,770,000
303,561,000
446,937,000
328,826,000
564,689,000
447,806,000
447,806,000564,689,000328,826,000446,937,000303,561,000333,770,000333,770,000329,199,000281,189,000273,761,000207,820,000336,773,000381,370,000243,560,000453,637,000860,651,000540,094,000529,722,000471,994,000605,643,000523,041,000423,236,000381,231,000572,397,000401,507,000342,906,000440,763,000289,580,000346,224,000418,432,000338,104,000209,771,000356,492,000273,874,000201,493,000382,051,000307,155,000215,505,000309,285,000325,807,000196,712,000248,317,000270,635,000316,087,000166,805,000179,377,000218,351,000264,465,000135,665,000247,667,000140,977,000221,236,000126,401,000140,446,000105,813,00094,348,00068,042,000102,665,000169,669,000107,305,00093,128,00093,285,0000111,694,00094,952,00066,229,00097,855,000106,775,000113,409,00093,005,000118,921,00099,473,00087,221,00087,212,00097,426,00086,477,00071,533,00042,907,00065,308,00057,907,00056,427,58132,370,00057,971,32528,832,000
       Other Current Assets 
0
6,788,493
0
19,960,541
23,934,000
23,614,000
31,889,000
9,975,000
9,667,000
23,299,000
13,603,000
20,111,000
15,192,000
13,454,000
9,606,000
14,866,000
17,417,000
19,703,000
20,414,000
15,905,000
8,040,000
0
10,155,000
12,854,000
37,447,000
29,435,000
19,478,000
20,192,000
19,475,000
28,845,000
53,472,000
106,281,000
68,267,000
72,068,000
20,035,000
38,431,000
36,433,000
52,019,000
40,042,000
73,103,000
39,710,000
54,084,000
57,508,000
65,111,000
73,067,000
92,708,000
123,337,000
134,885,000
61,362,000
46,733,000
79,526,000
91,623,000
24,209,000
35,256,000
78,162,000
94,567,000
70,310,000
39,488,000
77,874,000
98,054,000
109,774,000
56,889,000
76,062,000
26,958,000
26,554,000
2,757,000
6,735,000
777,000
4,964,000
19,052,000
6,966,000
7,002,000
11,540,000
25,330,000
4,879,000
5,736,000
26,843,000
22,236,000
22,236,000
26,683,000
37,716,000
40,528,000
33,532,000
41,656,000
41,656,00033,532,00040,528,00037,716,00026,683,00022,236,00022,236,00026,843,0005,736,0004,879,00025,330,00011,540,0007,002,0006,966,00019,052,0004,964,000777,0006,735,0002,757,00026,554,00026,958,00076,062,00056,889,000109,774,00098,054,00077,874,00039,488,00070,310,00094,567,00078,162,00035,256,00024,209,00091,623,00079,526,00046,733,00061,362,000134,885,000123,337,00092,708,00073,067,00065,111,00057,508,00054,084,00039,710,00073,103,00040,042,00052,019,00036,433,00038,431,00020,035,00072,068,00068,267,000106,281,00053,472,00028,845,00019,475,00020,192,00019,478,00029,435,00037,447,00012,854,00010,155,00008,040,00015,905,00020,414,00019,703,00017,417,00014,866,0009,606,00013,454,00015,192,00020,111,00013,603,00023,299,0009,667,0009,975,00031,889,00023,614,00023,934,00019,960,54106,788,4930
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,695,850,000
1,736,337,000
1,715,716,000
1,734,148,000
1,776,400,000
1,741,269,000
1,688,414,000
1,718,164,000
1,735,089,000
1,697,590,000
1,698,461,000
1,680,905,000
1,686,772,000
1,639,179,000
1,679,600,000
1,725,245,000
1,836,836,000
1,828,974,000
1,760,153,000
1,760,153,0001,828,974,0001,836,836,0001,725,245,0001,679,600,0001,639,179,0001,686,772,0001,680,905,0001,698,461,0001,697,590,0001,735,089,0001,718,164,0001,688,414,0001,741,269,0001,776,400,0001,734,148,0001,715,716,0001,736,337,0001,695,850,00000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
273,067,000
259,916,683
252,660,000
246,923,921
246,206,000
245,422,000
245,180,000
246,363,000
254,762,000
277,696,000
293,465,000
324,700,000
327,423,000
340,460,000
348,184,000
354,798,000
351,058,000
372,471,000
371,578,000
367,777,000
362,811,000
0
353,301,000
369,964,000
403,172,000
440,055,000
434,645,000
417,700,000
420,864,000
412,508,000
429,464,000
436,988,000
528,879,000
523,423,000
537,070,000
519,056,000
547,202,000
555,778,000
605,534,000
652,832,000
698,213,000
739,110,000
771,074,000
902,259,000
1,009,836,000
1,067,675,000
1,204,203,000
1,249,842,000
1,315,305,000
1,298,919,000
1,278,354,000
1,265,229,000
1,266,072,000
1,221,949,000
1,224,796,000
1,227,559,000
1,278,015,000
1,298,416,000
1,307,322,000
1,307,680,000
1,364,086,000
1,353,598,000
1,376,258,000
1,467,492,000
1,524,061,000
1,530,425,000
1,533,428,000
1,535,884,000
1,559,289,000
1,547,980,000
1,525,896,000
1,494,019,000
1,503,777,000
1,479,562,000
1,447,374,000
1,454,008,000
1,443,086,000
1,426,590,000
1,426,590,000
1,445,577,000
1,506,638,000
1,510,004,000
1,502,654,000
1,476,359,000
1,476,359,0001,502,654,0001,510,004,0001,506,638,0001,445,577,0001,426,590,0001,426,590,0001,443,086,0001,454,008,0001,447,374,0001,479,562,0001,503,777,0001,494,019,0001,525,896,0001,547,980,0001,559,289,0001,535,884,0001,533,428,0001,530,425,0001,524,061,0001,467,492,0001,376,258,0001,353,598,0001,364,086,0001,307,680,0001,307,322,0001,298,416,0001,278,015,0001,227,559,0001,224,796,0001,221,949,0001,266,072,0001,265,229,0001,278,354,0001,298,919,0001,315,305,0001,249,842,0001,204,203,0001,067,675,0001,009,836,000902,259,000771,074,000739,110,000698,213,000652,832,000605,534,000555,778,000547,202,000519,056,000537,070,000523,423,000528,879,000436,988,000429,464,000412,508,000420,864,000417,700,000434,645,000440,055,000403,172,000369,964,000353,301,0000362,811,000367,777,000371,578,000372,471,000351,058,000354,798,000348,184,000340,460,000327,423,000324,700,000293,465,000277,696,000254,762,000246,363,000245,180,000245,422,000246,206,000246,923,921252,660,000259,916,683273,067,000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,782,000
0
11,889,000
10,729,000
5,387,000
4,251,000
3,115,000
1,979,000
843,000
71,000
49,000
40,000
30,000
20,000
13,000
5,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000000000005,00013,00020,00030,00040,00049,00071,000843,0001,979,0003,115,0004,251,0005,387,00010,729,00011,889,00009,782,00000000000000000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,144,000
28,053,000
26,026,000
27,637,000
40,966,000
36,659,000
31,475,000
18,312,000
16,192,000
13,822,000
11,640,000
10,060,000
10,083,000
8,813,000
15,393,000
15,855,000
14,334,000
14,040,000
12,358,000
12,358,00014,040,00014,334,00015,855,00015,393,0008,813,00010,083,00010,060,00011,640,00013,822,00016,192,00018,312,00031,475,00036,659,00040,966,00027,637,00026,026,00028,053,00030,144,00000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
199,129,000
225,849,802
265,257,000
192,098,439
227,791,000
214,707,000
221,057,000
228,929,000
263,250,000
294,002,000
263,091,000
348,900,000
299,996,000
347,434,000
313,974,000
397,966,000
415,569,000
396,631,000
418,629,000
422,847,000
424,028,000
0
437,651,000
473,222,000
597,123,000
648,902,000
593,408,000
567,386,000
888,122,000
588,126,000
611,370,000
566,390,000
665,714,000
616,993,000
942,199,000
656,965,000
690,545,000
702,024,000
668,218,000
822,195,000
836,312,000
857,642,000
884,382,000
960,034,000
794,615,000
995,443,000
1,772,411,000
1,682,760,000
1,677,254,000
1,381,376,000
1,559,904,000
1,533,601,000
1,334,373,000
1,538,208,000
1,613,513,000
1,853,676,000
1,454,398,000
1,800,895,000
1,472,823,000
1,523,366,000
1,445,173,000
1,465,441,000
1,809,293,000
1,771,877,000
1,721,965,000
1,765,185,000
2,281,044,000
2,094,477,000
1,750,943,000
2,793,944,000
2,265,105,000
1,798,246,000
1,474,019,000
1,648,013,000
2,154,320,000
2,036,460,000
1,823,366,000
1,807,679,000
2,191,983,000
1,974,547,000
2,301,845,000
2,138,672,000
2,092,758,000
2,021,031,000
2,021,031,0002,092,758,0002,138,672,0002,301,845,0001,974,547,0002,191,983,0001,807,679,0001,823,366,0002,036,460,0002,154,320,0001,648,013,0001,474,019,0001,798,246,0002,265,105,0002,793,944,0001,750,943,0002,094,477,0002,281,044,0001,765,185,0001,721,965,0001,771,877,0001,809,293,0001,465,441,0001,445,173,0001,523,366,0001,472,823,0001,800,895,0001,454,398,0001,853,676,0001,613,513,0001,538,208,0001,334,373,0001,533,601,0001,559,904,0001,381,376,0001,677,254,0001,682,760,0001,772,411,000995,443,000794,615,000960,034,000884,382,000857,642,000836,312,000822,195,000668,218,000702,024,000690,545,000656,965,000942,199,000616,993,000665,714,000566,390,000611,370,000588,126,000888,122,000567,386,000593,408,000648,902,000597,123,000473,222,000437,651,0000424,028,000422,847,000418,629,000396,631,000415,569,000397,966,000313,974,000347,434,000299,996,000348,900,000263,091,000294,002,000263,250,000228,929,000221,057,000214,707,000227,791,000192,098,439265,257,000225,849,802199,129,000
   > Total Current Liabilities 
180,106,000
209,723,525
247,628,000
172,630,976
208,764,000
194,371,000
202,222,000
208,227,000
242,753,000
272,933,000
242,493,000
324,788,000
275,827,000
314,409,000
280,794,000
364,012,000
382,938,000
358,389,000
378,271,000
382,223,000
386,816,000
0
393,551,000
430,177,000
561,144,000
610,702,000
555,483,000
526,536,000
852,194,000
551,890,000
572,893,000
533,651,000
632,026,000
580,635,000
902,963,000
628,704,000
659,873,000
677,094,000
635,051,000
796,679,000
792,300,000
817,798,000
850,785,000
903,611,000
722,542,000
924,016,000
1,699,175,000
1,609,646,000
1,588,801,000
1,292,808,000
1,464,668,000
1,425,811,000
1,215,227,000
1,420,235,000
1,496,648,000
1,738,505,000
1,326,261,000
1,671,090,000
1,317,245,000
1,388,609,000
1,304,114,000
1,316,932,000
1,661,521,000
1,650,946,000
1,578,919,000
1,624,157,000
2,122,154,000
1,939,261,000
1,588,693,000
2,620,466,000
2,102,347,000
1,641,080,000
1,338,441,000
1,514,709,000
2,019,052,000
1,884,432,000
1,682,700,000
2,040,260,000
2,040,260,000
1,823,101,000
2,154,777,000
1,997,395,000
1,957,484,000
1,877,848,000
1,877,848,0001,957,484,0001,997,395,0002,154,777,0001,823,101,0002,040,260,0002,040,260,0001,682,700,0001,884,432,0002,019,052,0001,514,709,0001,338,441,0001,641,080,0002,102,347,0002,620,466,0001,588,693,0001,939,261,0002,122,154,0001,624,157,0001,578,919,0001,650,946,0001,661,521,0001,316,932,0001,304,114,0001,388,609,0001,317,245,0001,671,090,0001,326,261,0001,738,505,0001,496,648,0001,420,235,0001,215,227,0001,425,811,0001,464,668,0001,292,808,0001,588,801,0001,609,646,0001,699,175,000924,016,000722,542,000903,611,000850,785,000817,798,000792,300,000796,679,000635,051,000677,094,000659,873,000628,704,000902,963,000580,635,000632,026,000533,651,000572,893,000551,890,000852,194,000526,536,000555,483,000610,702,000561,144,000430,177,000393,551,0000386,816,000382,223,000378,271,000358,389,000382,938,000364,012,000280,794,000314,409,000275,827,000324,788,000242,493,000272,933,000242,753,000208,227,000202,222,000194,371,000208,764,000172,630,976247,628,000209,723,525180,106,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
310,000,000
1,000,000,000
650,000,000
350,000,000
1,300,000,000
1,400,000,000
700,000,000
300,000,000
300,000,000
850,000,000
700,000,000
400,000,000
300,000,000
750,000,000
400,000,000
400,000,000
300,000,000
450,000,000
350,000,000
350,000,000450,000,000300,000,000400,000,000400,000,000750,000,000300,000,000400,000,000700,000,000850,000,000300,000,000300,000,000700,000,0001,400,000,0001,300,000,000350,000,000650,000,0001,000,000,000310,000,00000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
310,000,000
1,000,000,000
650,000,000
350,000,000
1,300,000,000
1,400,000,000
700,000,000
300,000,000
300,000,000
850,000,000
700,000,000
400,000,000
300,000,000
750,000,000
400,000,000
400,000,000
300,000,000
450,000,000
350,000,000
350,000,000450,000,000300,000,000400,000,000400,000,000750,000,000300,000,000400,000,000700,000,000850,000,000300,000,000300,000,000700,000,0001,400,000,0001,300,000,000350,000,000650,000,0001,000,000,000310,000,00000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
12,504,082
0
18,774,558
20,091,000
22,223,000
30,454,000
31,960,000
58,453,000
46,637,000
51,240,000
44,496,000
33,858,000
56,931,000
30,724,000
45,656,000
44,583,000
46,632,000
70,063,000
59,189,000
43,490,000
0
55,652,000
56,995,000
49,590,000
61,627,000
58,228,000
64,281,000
49,884,000
66,908,000
74,885,000
71,903,000
45,954,000
23,737,000
30,329,000
79,775,000
79,489,000
47,877,000
34,699,000
46,119,000
85,146,000
58,985,000
59,104,000
116,097,000
101,655,000
80,601,000
76,866,000
184,458,000
218,044,000
79,556,000
50,611,000
102,876,000
101,282,000
115,144,000
104,883,000
123,463,000
119,624,000
179,375,000
123,829,000
119,889,000
193,283,000
138,327,000
144,241,000
215,381,000
148,386,000
133,855,000
138,518,000
180,149,000
139,043,000
129,166,000
48,341,000
104,436,000
174,251,000
166,510,000
165,996,000
171,590,000
192,638,000
204,740,000
204,740,000
245,688,000
269,065,000
229,645,000
206,773,000
231,426,000
231,426,000206,773,000229,645,000269,065,000245,688,000204,740,000204,740,000192,638,000171,590,000165,996,000166,510,000174,251,000104,436,00048,341,000129,166,000139,043,000180,149,000138,518,000133,855,000148,386,000215,381,000144,241,000138,327,000193,283,000119,889,000123,829,000179,375,000119,624,000123,463,000104,883,000115,144,000101,282,000102,876,00050,611,00079,556,000218,044,000184,458,00076,866,00080,601,000101,655,000116,097,00059,104,00058,985,00085,146,00046,119,00034,699,00047,877,00079,489,00079,775,00030,329,00023,737,00045,954,00071,903,00074,885,00066,908,00049,884,00064,281,00058,228,00061,627,00049,590,00056,995,00055,652,000043,490,00059,189,00070,063,00046,632,00044,583,00045,656,00030,724,00056,931,00033,858,00044,496,00051,240,00046,637,00058,453,00031,960,00030,454,00022,223,00020,091,00018,774,558012,504,0820
       Other Current Liabilities 
0
197,219,443
0
153,856,418
188,673,000
172,148,000
171,768,000
176,267,000
183,009,000
226,296,000
191,253,000
275,308,000
223,855,000
257,478,000
250,070,000
278,356,000
268,939,000
311,757,000
280,758,000
288,006,000
343,326,000
0
337,899,000
373,182,000
511,554,000
549,075,000
497,255,000
462,255,000
802,310,000
484,982,000
498,008,000
461,748,000
586,072,000
556,898,000
872,634,000
448,929,000
580,384,000
629,217,000
600,352,000
600,560,000
632,154,000
658,813,000
691,681,000
787,514,000
620,887,000
843,415,000
872,309,000
775,188,000
620,344,000
663,252,000
689,057,000
697,935,000
613,945,000
805,091,000
891,765,000
1,115,042,000
806,637,000
1,091,715,000
793,416,000
868,720,000
810,831,000
878,605,000
817,280,000
449,796,000
580,008,000
188,836,000
197,163,000
192,253,000
558,878,000
512,937,000
352,313,000
315,437,000
430,447,000
488,262,000
453,504,000
451,488,000
467,048,000
381,827,000
381,827,000
440,533,000
505,461,000
278,287,000
295,031,000
242,976,000
242,976,000295,031,000278,287,000505,461,000440,533,000381,827,000381,827,000467,048,000451,488,000453,504,000488,262,000430,447,000315,437,000352,313,000512,937,000558,878,000192,253,000197,163,000188,836,000580,008,000449,796,000817,280,000878,605,000810,831,000868,720,000793,416,0001,091,715,000806,637,0001,115,042,000891,765,000805,091,000613,945,000697,935,000689,057,000663,252,000620,344,000775,188,000872,309,000843,415,000620,887,000787,514,000691,681,000658,813,000632,154,000600,560,000600,352,000629,217,000580,384,000448,929,000872,634,000556,898,000586,072,000461,748,000498,008,000484,982,000802,310,000462,255,000497,255,000549,075,000511,554,000373,182,000337,899,0000343,326,000288,006,000280,758,000311,757,000268,939,000278,356,000250,070,000257,478,000223,855,000275,308,000191,253,000226,296,000183,009,000176,267,000171,768,000172,148,000188,673,000153,856,4180197,219,4430
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
141,028,000
158,890,000
154,746,000
162,250,000
173,478,000
162,758,000
157,166,000
135,578,000
132,834,000
135,268,000
151,576,000
140,160,000
145,417,000
151,723,000
150,909,000
146,450,000
140,615,000
134,581,000
142,413,000
142,413,000134,581,000140,615,000146,450,000150,909,000151,723,000145,417,000140,160,000151,576,000135,268,000132,834,000135,578,000157,166,000162,758,000173,478,000162,250,000154,746,000158,890,000141,028,00000000000000000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,528,000
19,676,000
18,854,000
17,562,000
27,449,000
34,850,000
31,978,000
28,372,000
24,853,000
23,933,000
22,381,000
22,325,000
22,325,00022,381,00023,933,00024,853,00028,372,00031,978,00034,850,00027,449,00017,562,00018,854,00019,676,00020,528,000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
888,000
0
0
0
1,925,000
0
2,442,000
2,702,000
12,240,000
9,679,000
8,402,000
6,450,000
8,416,000
8,389,000
7,253,000
7,482,000
0
8,005,000
9,362,000
10,360,000
12,403,000
8,123,000
9,103,000
6,395,000
6,339,000
6,334,000
6,690,000
7,009,000
7,314,000
7,383,000
856,000
1,417,000
1,996,000
2,451,000
3,201,000
3,869,000
4,418,000
7,103,000
17,237,000
12,728,000
12,010,000
10,766,000
12,035,000
18,654,000
18,480,000
18,168,000
19,610,000
13,526,000
14,616,000
14,833,000
14,496,000
17,450,000
18,743,000
16,781,000
18,839,000
26,451,000
29,159,000
26,052,000
120,931,000
143,046,000
141,028,000
158,890,000
154,746,000
162,250,000
173,478,000
162,758,000
157,166,000
115,050,000
113,158,000
116,414,000
134,014,000
112,711,000
119,745,000
119,745,000
122,537,000
121,597,000
0
0
0
000121,597,000122,537,000119,745,000119,745,000112,711,000134,014,000116,414,000113,158,000115,050,000157,166,000162,758,000173,478,000162,250,000154,746,000158,890,000141,028,000143,046,000120,931,00026,052,00029,159,00026,451,00018,839,00016,781,00018,743,00017,450,00014,496,00014,833,00014,616,00013,526,00019,610,00018,168,00018,480,00018,654,00012,035,00010,766,00012,010,00012,728,00017,237,0007,103,0004,418,0003,869,0003,201,0002,451,0001,996,0001,417,000856,0007,383,0007,314,0007,009,0006,690,0006,334,0006,339,0006,395,0009,103,0008,123,00012,403,00010,360,0009,362,0008,005,00007,482,0007,253,0008,389,0008,416,0006,450,0008,402,0009,679,00012,240,0002,702,0002,442,00001,925,000000888,00000000
> Total Stockholder Equity
243,222,000
291,925,512
237,567,000
282,940,799
239,276,000
268,297,000
288,557,000
305,819,000
258,027,000
264,372,000
294,640,000
246,415,000
274,227,000
227,912,000
239,896,000
197,849,000
180,914,000
217,007,000
172,659,000
190,320,000
197,723,000
197,807,000
213,416,000
281,355,000
344,178,000
458,701,000
192,524,000
271,995,000
105,211,000
209,325,000
249,049,000
320,546,000
471,221,000
588,068,000
269,545,000
319,089,000
530,110,000
722,293,000
394,970,000
329,777,000
634,986,000
548,109,000
713,229,000
853,254,000
987,279,000
1,171,463,000
364,674,000
517,041,000
553,610,000
660,941,000
442,413,000
616,266,000
766,269,000
1,010,867,000
487,470,000
520,483,000
820,524,000
1,122,171,000
683,640,000
958,248,000
1,064,474,000
1,276,973,000
502,183,000
837,433,000
1,167,155,000
1,406,656,000
523,430,000
795,794,000
1,145,532,000
1,284,205,000
1,207,428,000
1,297,415,000
1,432,980,000
1,581,762,000
713,777,000
844,545,000
1,098,651,000
1,300,985,000
632,303,000
844,664,000
1,072,657,000
1,276,556,000
1,014,178,000
1,249,189,000
1,249,189,0001,014,178,0001,276,556,0001,072,657,000844,664,000632,303,0001,300,985,0001,098,651,000844,545,000713,777,0001,581,762,0001,432,980,0001,297,415,0001,207,428,0001,284,205,0001,145,532,000795,794,000523,430,0001,406,656,0001,167,155,000837,433,000502,183,0001,276,973,0001,064,474,000958,248,000683,640,0001,122,171,000820,524,000520,483,000487,470,0001,010,867,000766,269,000616,266,000442,413,000660,941,000553,610,000517,041,000364,674,0001,171,463,000987,279,000853,254,000713,229,000548,109,000634,986,000329,777,000394,970,000722,293,000530,110,000319,089,000269,545,000588,068,000471,221,000320,546,000249,049,000209,325,000105,211,000271,995,000192,524,000458,701,000344,178,000281,355,000213,416,000197,807,000197,723,000190,320,000172,659,000217,007,000180,914,000197,849,000239,896,000227,912,000274,227,000246,415,000294,640,000264,372,000258,027,000305,819,000288,557,000268,297,000239,276,000282,940,799237,567,000291,925,512243,222,000
   Common Stock
0
21,070,000
0
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
0
21,070,000
21,070,000
21,070,000
21,070,000
0
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,000
21,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,000021,070,00021,070,00021,070,00021,070,000021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,00021,070,000021,070,0000
   Retained Earnings 
220,350,000
269,053,172
214,694,000
260,067,459
216,403,000
245,424,000
265,684,000
282,946,000
235,154,000
241,499,000
271,767,000
223,542,000
251,354,000
205,039,000
217,023,000
174,976,000
158,041,000
194,135,000
149,787,000
167,448,000
174,851,000
0
190,544,000
258,483,000
321,306,000
435,829,000
169,652,000
249,123,000
82,339,000
186,453,000
226,177,000
297,674,000
448,349,000
565,196,000
246,673,000
296,217,000
507,238,000
699,421,000
372,098,000
306,905,000
612,114,000
525,237,000
690,357,000
830,382,000
964,407,000
1,148,591,000
341,802,000
494,169,000
530,738,000
638,069,000
419,541,000
593,394,000
743,397,000
987,995,000
464,598,000
497,611,000
797,652,000
1,099,299,000
660,768,000
935,376,000
1,041,602,000
1,254,101,000
479,311,000
814,561,000
1,144,283,000
1,383,769,000
500,542,000
772,922,000
1,122,660,000
1,261,333,000
1,184,556,000
1,274,543,000
1,410,108,000
1,558,890,000
690,905,000
821,673,000
1,075,779,000
609,431,000
609,431,000
821,792,000
1,049,785,000
1,253,684,000
991,306,000
1,226,317,000
1,226,317,000991,306,0001,253,684,0001,049,785,000821,792,000609,431,000609,431,0001,075,779,000821,673,000690,905,0001,558,890,0001,410,108,0001,274,543,0001,184,556,0001,261,333,0001,122,660,000772,922,000500,542,0001,383,769,0001,144,283,000814,561,000479,311,0001,254,101,0001,041,602,000935,376,000660,768,0001,099,299,000797,652,000497,611,000464,598,000987,995,000743,397,000593,394,000419,541,000638,069,000530,738,000494,169,000341,802,0001,148,591,000964,407,000830,382,000690,357,000525,237,000612,114,000306,905,000372,098,000699,421,000507,238,000296,217,000246,673,000565,196,000448,349,000297,674,000226,177,000186,453,00082,339,000249,123,000169,652,000435,829,000321,306,000258,483,000190,544,0000174,851,000167,448,000149,787,000194,135,000158,041,000174,976,000217,023,000205,039,000251,354,000223,542,000271,767,000241,499,000235,154,000282,946,000265,684,000245,424,000216,403,000260,067,459214,694,000269,053,172220,350,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,000
1,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0001,802,0000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 000000000000000000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in IDR. All numbers in thousands.




Cash Flow

Currency in IDR. All numbers in thousands.




Income Statement

Currency in IDR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue3,266,218,000
Cost of Revenue-1,275,711,000
Gross Profit1,990,507,0001,990,507,000
 
Operating Income (+$)
Gross Profit1,990,507,000
Operating Expense-1,964,030,000
Operating Income1,302,188,00026,477,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative475,228,000
Selling And Marketing Expenses-
Operating Expense1,964,030,000475,228,000
 
Net Interest Income (+$)
Interest Income13,520,000
Interest Expense-26,659,000
Other Finance Cost-0
Net Interest Income-13,139,000
 
Pretax Income (+$)
Operating Income1,302,188,000
Net Interest Income-13,139,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,288,416,0001,302,188,000
EBIT - interestExpense = -26,659,000
1,010,897,000
1,037,556,000
Interest Expense26,659,000
Earnings Before Interest and Taxes (EBIT)-1,315,075,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,288,416,000
Tax Provision-277,272,000
Net Income From Continuing Ops1,011,144,0001,011,144,000
Net Income1,010,897,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-13,139,000
 

Technical Analysis of Multi Bintang Indonesia Tbk
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Multi Bintang Indonesia Tbk. The general trend of Multi Bintang Indonesia Tbk is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Multi Bintang Indonesia Tbk's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Multi Bintang Indonesia Tbk.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7,175 < 7,175 < 7,200.

The bearish price targets are: 6,975 > 6,950.

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Multi Bintang Indonesia Tbk Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Multi Bintang Indonesia Tbk. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Multi Bintang Indonesia Tbk Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Multi Bintang Indonesia Tbk. The current macd is -36.32381999.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Multi Bintang Indonesia Tbk price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Multi Bintang Indonesia Tbk. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Multi Bintang Indonesia Tbk price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Multi Bintang Indonesia Tbk Daily Moving Average Convergence/Divergence (MACD) ChartMulti Bintang Indonesia Tbk Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Multi Bintang Indonesia Tbk. The current adx is 25.40.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Multi Bintang Indonesia Tbk shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Multi Bintang Indonesia Tbk Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Multi Bintang Indonesia Tbk. The current sar is 6,950.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Multi Bintang Indonesia Tbk Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Multi Bintang Indonesia Tbk. The current rsi is 53.78. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Multi Bintang Indonesia Tbk Daily Relative Strength Index (RSI) ChartMulti Bintang Indonesia Tbk Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Multi Bintang Indonesia Tbk. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Multi Bintang Indonesia Tbk price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Multi Bintang Indonesia Tbk Daily Stochastic Oscillator ChartMulti Bintang Indonesia Tbk Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Multi Bintang Indonesia Tbk. The current cci is 95.01.

Multi Bintang Indonesia Tbk Daily Commodity Channel Index (CCI) ChartMulti Bintang Indonesia Tbk Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Multi Bintang Indonesia Tbk. The current cmo is 34.60.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Multi Bintang Indonesia Tbk Daily Chande Momentum Oscillator (CMO) ChartMulti Bintang Indonesia Tbk Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Multi Bintang Indonesia Tbk. The current willr is -14.28571429.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Multi Bintang Indonesia Tbk Daily Williams %R ChartMulti Bintang Indonesia Tbk Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Multi Bintang Indonesia Tbk.

Multi Bintang Indonesia Tbk Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Multi Bintang Indonesia Tbk. The current atr is 66.63.

Multi Bintang Indonesia Tbk Daily Average True Range (ATR) ChartMulti Bintang Indonesia Tbk Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Multi Bintang Indonesia Tbk. The current obv is 1,628,400.

Multi Bintang Indonesia Tbk Daily On-Balance Volume (OBV) ChartMulti Bintang Indonesia Tbk Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Multi Bintang Indonesia Tbk. The current mfi is 52.04.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Multi Bintang Indonesia Tbk Daily Money Flow Index (MFI) ChartMulti Bintang Indonesia Tbk Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Multi Bintang Indonesia Tbk.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Multi Bintang Indonesia Tbk Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Multi Bintang Indonesia Tbk based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.776
Ma 20Greater thanMa 507,042.500
Ma 50Greater thanMa 1007,154.000
Ma 100Greater thanMa 2007,533.971
OpenGreater thanClose7,050.000
Total1/5 (20.0%)
Penke

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