You are on page 1of 2

Stock On Radar

By: Investment Information April 1, 2019

PWON IJ
Pakuwon Jati PT Pakuwon Jati Tbk (PWON) meraih pertumbuhan laba
bersih tahun berjalan yang dapat didistribusikan ke
IDR 750 pemilik entitas induk sebesar 35,78% hingga periode
yang berakhir 31 Desember 2018 menjadi Rp2,54 triliun
*as of 10.27am
dari laba bersih Rp1,87 triliun di periode sama tahun
sebelumnya.(IqPlus)

Industry view:
-Opportunities for interest rates to go down after
reaching the peak

Company Description Key earning Driver:


-Reccuring income and maintenance service
PT. Pakuwon Jati Tbk (PWON) is a diversified
real estate developer focused in Jakarta and Market cap (IDRtr) : 33.230T
Surabaya. The Company's portfolio of prime Market cap rank in sector : #1
properties include retail, residential, Market cap in all companies : #37
commercial and hospitality developments. P/E : 14.4x
Commercial operations started in May 1986. PBV : 2.9x

Transaction Activity:
The transaction volume is currently 73.71% from
Deskripsi Perusahaan yesterday.
Transaction value of IDR 17.56bn.
Foreign net buy 8.3bn.
PT. Pakuwon Jati Tbk (PWON) adalah pengembang
real estat yang beragam dan berfokus di Jakarta
dan Surabaya. Portofolio properti utama
Perusahaan meliputi pengembangan ritel,
perumahan, komersial, dan perhotelan. Operasi
komersial dimulai pada Mei 1986.

Financial Summary
PWON Last Quarter
Income Statement 9M17 12M17 3M18 6M18 9M18 12M18 QoQ% YoY%
Sales(Idrbn) 1443 1324 1646 1730 1852 1852 0.00% 23.84%
Gross Profit(Idrbn) 836 858 939 1018 1109 984 -11.27% 20.39%
Ebit(Idrbn) 705 658 815 884 961 798 -16.96% 23.77%
Net Income(Idrbn) 521 451 562 567 651 762 17.05% 35.79%
NPM 36% 34% 34% 33% 35% 41%
Company Related Report by Mirae Asset: Broker Recommendation:
- 2019/03/27 CIMB None 750
Mirae Asset Recommendation: 2019/03/27 RHB Buy 780
- 2019/03/26 HSBC Buy 808
Disclaimer:
This report is published by PT Mirae Asset Sekuritas Indonesia (“Mirae”), a broker-dealer registered in the Republic of Indonesia and
a member of the Indonesia Exchange. Information and opinions contained herein have been compiled from sources believed to be
reliable and in good faith, but such information has not been independently verified and Mirae makes no guarantee, representation
or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information and opinions contained
herein or of any translation into English from the Bahasa Indonesia. If this report is an English translation of a report prepared in the
Indonesian language, the original Indonesian language report may have been made available to investors in advance of this report.
Mirae, its affiliates and their directors, officers, employees and agents do not accept any liability for any loss arising from the use
hereof. This report is for general information purposes only and it is not and should not be construed as an offer or a solicitation of
an offer to effect transactions in any securities or other financial instruments. The intended recipients of this report are sophisticated
institutional investors who have substantial knowledge of the local business environment, its common practices, laws and
accounting principles and no person whose receipt or use of this report would violate any laws and regulations or subject Mirae and
its affiliates to registration or licensing requirements in any jurisdiction should receive or make any use hereof. Information and
opinions contained herein are subject to change without notice and no part of this document may be copied or reproduced in any
manner or form or redistributed or published, in whole or in part, without the prior written consent of Mirae. Mirae, its affiliates and
their directors, officers, employees and agents may have long or short positions in any of the subject securities at any time and may
make a purchase or sale, or offer to make a purchase or sale, of any such securities or other financial instruments from time to time
in the open market or otherwise, in each case either as principals or agents. Mirae and its affiliates may have had, or may be
expecting to enter into, business relationships with the subject companies to provide investment banking, market-making or other
financial services as are permitted under applicable laws and regulations. The price and value of the investments referred to in this
report and the income from them may go down as well as up, and investors may realize losses on any investments. Past
performance is not a guide to future performance. Future returns are not guaranteed, and a loss of original capital may occur.

You might also like