INTP: H1/2011 Result

INTP                       Date : 29-07-11
               Financial Performance (in billion Rp)
                          www.investdata.net
             
                           2011                        2010|         2009|
         29-07-11 ....Q2 ....Q1|....Q4 ....Q3 ....Q2 ....Q1|....Q4 ....Q3|
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales              6.331  2.943 11.137  8.107  5.360  2.549 10.576  7.424
COGS               3.329  1.505  5.597  4.013  2.586  1.226  5.468  3.886
Gross Marg         3.001  1.438  5.540  4.094  2.773  1.323  5.108  3.537
GM (%)                47     48     49     50     51     51     48     47
Opr Profit         2.109  1.060| 4.020  2.974  2.051    980| 3.693  2.548
OP (%)                33     36     36     36     38     38     34     34
Net Profit         1.729    865| 3.224  2.382  1.640    786| 2.746  1.868
NP (%)                27     29     28     29     30     30     25     25
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Stk Price  15.450 17.050 16.350|15.950 18.400 15.800 14.250|13.700 10.600
Book Value         3.765  3.787| 3.552  3.323  3.121  3.115| 2.901  2.665
PBV          4,10   4,53   4,32|  4,49   5,54   5,06   4,57|  4,72   3,98
DER                 0,23   0,13|  0,17   0,15   0,26   0,18|  0,24   0,20
---------- ------ ====== ------|------ ------ ====== ------|------ ------
ROE (%)               24     24|    24     25     28     27|    25     25
ROE (Qtr)             24     24     25     24     29     27     32     44
ROA (%)               20     21|    21     22     22     23|    20     21
Opr prof/share       572    288| 1.092    807    557    266| 1.003    692
EPS                  469    235|   876    647    445    213|   746    507
EPS (Qtr)            234    235|   228    201    231    213|   238    298
EPS (Annu)           939    940|   876    863    891    854|   746    676
PER         16,44  18,15  17,39| 18,21  21,32  17,73  16,68| 18,36  15,66
PER (Qtr)   16,45  18,16  17,39| 17,43  22,80  17,03  16,68| 14,36   8,89
---------- ------ ====== ------|------ ------ ====== ------|------ ------
COP (year)  13,48  14,88  14,18  14,61  17,08  14,17  13,38  13,66  11,48
CLOP(year)  14,25  15,65  14,63  15,17  17,54  14,89  13,92  14,36  12,07
CLOP(Qtr)   14,34  15,74  14,63  14,58  18,86  14,25  13,92  11,58   7,18
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales Growth(%)       18     15      5      9
Op.Prof Growth(%)      2      8      8     16
Net.Prof/EPS Grow      5     10     17     27
PEG (<1)            3,34   1,73|  1,05   0,77
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales(Qtr)         3.387  2.943  3.029  2.747  2.810  2.549  3.152  2.935
COGS (Qtr)         1.824  1.505  1.583  1.426  1.359  1.226  1.581  1.241
Gross Marg(Qtr)    1.563  1.438  1.446  1.320  1.450  1.323  1.570  1.693
GM (%)                46     48     47     48     51     51     49     57
OP.PR (Qtr)        1.048  1.060  1.046    922  1.071    980  1.144  1.428
OP %                  30     36     34     33     38     38     36     48
NET.PR (Qtr)         864    865    842    742    853    786    878  1.097
NP %                  25     29     27     27     30     30     27     37
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Asset             17.095 15.812|15.346 14.061 14.425 13.579|13.276 11.799
Liability          3.233  1.869| 2.268  1.826  2.933  2.112| 2.595  1.986
Equity            13.861 13.942|13.077 12.235 11.492 11.467|10.680  9.812
Capitalis. 56.875 62.765 60.188|58.715 67.734 58.163 52.457|50.432 39.021
Share(mil)         3.681  3.681  3.681  3.681  3.681  3.681  3.681  3.681
---------- ------ ====== ------|------ ------ ====== ------|------ ------
 
See ERROR and OMISSION

- http://www.investdata.net/QQFINTP.TXT

Note:
- Sales Growth = 18%
- Operating profit growth hanya = 2%
- Net profit growth = 5%
- PER = 16,4
- Saham dengan PER = 16,4 mengecewakan jika Growth hanya 5%,
seharusnya Growth minimal sama dengan PER