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29 July 2020 (closed)
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PT Alkindo Naratama Tbk is an Indonesian manufacturer of (converted) paper products, including paper tubes, edge protectors, paper pallets, honey comb boards and paper cores. The company, which has its two factories in Cimareme (West Java), is the largest paper tube manufacturer in Indonesia.
|Industry Sector||Basic Industry and Chemicals|
|Industry Sub Sector||Pulp & Paper|
|Established||31 January 1989|
|Listed||12 July 2011|
|Listed Company Code||ALDO|
|Major Shareholders (>5%)||Golden Arista International (58.00%)
Lili Mulyadi Sutanto (7.66%)
|Key Subsidiaries||Swisstex Naratama Indonesia
Alfa Polymer Indonesia
Stock Quote Alkindo Naratama - ALDO:
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:
|Income from Operations||19.1||23.6||37.9||35.8||42.2|
|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:
|P/E Ratio (x)|
in billion IDR, unless otherwise stated
Kawasan Industri Cimareme
Jalan Industri Cimareme II No. 14
Padalarang, West Bandung - 40553
Phone: +62 22 601 1220
Fax: +62 22 603 6489