Alkindo Naratama

Stock Quote Alkindo Naratama - ALDO:

Business summary

Alkindo Naratama is an Indonesia-based paper converting manufacturer producing several types of paper products: papertube (which is a bobbin for draw textured yarn and partially oriented yarn), papercore (which is a bobbin for film plastic, paper, cloth and tin foil), honey comb (type of carton paper), and edge protector (for fragile commodities).

In 2013, it acquired Alfa Polimer Indonesia to offer adhesives, coating material, textile chemicals, and specialty chemicals. Previously, in 2011, it had acquired Swisstex Naratama Indonesia to run its chemical distribution business. Although Alkindo Naratama exports its products to various countries, its largest market is the domestic market.

A weakness of the company is that production capacity is relatively low, meaning that its market share can reduce due to increased competition from multinational competitors.

Alkindo Naratama's Financial Highlights:

	2011	2012	2013	2014	2015	2016
Net Sales	281.9	318.3	399.3	493.9	538.4
Gross Profit	45.7	57.1	82.9	86.5	103.2
Net Income	6.1	9.2	13.6	11.0	13.7
Income from Operations	19.1	23.6	37.9	35.8	42.2
Total Assets	184.4	216.3	301.5	346.7	366.0
Total Liabilities	95.8	108.8	161.6	197.9	195.1
Earnings per Share¹	11,07	16,77	29,43	19,99	24,99

^{in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Alkindo Naratama Annual Report 2015}

Projection Alkindo Naratama's Future Corporate Earnings:

	2015	2016	2017F	2018F	2019F
Net Revenue
Net Profit
EBITDA
P/E Ratio (x)
P/BV (x)

^{in billion IDR, unless otherwise stated
Source:}