Tunas Baru Lampung

Stock Quote Tunas Baru Lampung - TBLA:

Business Summary

The source of vegetable cooking oil is Tunas Baru Lampung's plantation in Lampung (South Sumatra). The company controls a land bank of more than 60,000 hectares, mainly used for oil palm plantation.

Tunas Baru Lampung's Financial Highlights:

	2010	2011	2012	2013	2014	2015
Net Sales	2,951.1	3,731.7	3,805.9	3,705.3	6,337.6	5,331.4
Gross Profit	641.0	1,242.9	1,027.7	949.6	1,292.7	1,170.5
Income before Tax	324.4	539.9	311.1	119.1	562.4	263.2
Net Profit	246.7	419.1	241.6	84.4	433.5	197.0
Total Assets	3,651.1	4,244.6	5,197.6	6,212.4	7,328.4	9,283.8
Total Liabilities	2,490.5	2,637.3	3,438.1	4,428.9	4,874.6	6,405.3
Earnings per Share¹	56,07	88,84	45,19	17,08	87,25	38,22
Dividend per Share¹	10	6,5	15	7	12

^{in billion IDR rupiah, except otherwise stated
¹ in IDR rupiah
Source: Tunas Baru Lampung}

Future Projection Tunas Baru Lampung's Financial Highlights:

	2014	2015	2016F	2017F	2018F
Net Revenue	6,337.6	5,331.4	6,371.0	7,582.0	8,066.0
Net Profit	433.5	197.0	615.0	896.0	947.0
EBITDA	1,065.0	843.0	1,349.0	1,775.0	1,836.0
P/E Ratio (x)	14.4	31.6	10.1	6.9	6.6
P/BV (x)	2.5	2.2	1.8	1.5	1.3

^{in billion IDR, unless otherwise stated
Source: Maybank Kim Eng Securities (13/01/2017)}