SMGR: Final Result 2010 + Cement sector comparison

SMGR: Final Result 2010 + Cement sector comparison

SMGR:

SMGR Date : 26-03-10
Financial Performance (in billion Rp)
www.investdata.net

2009| 2008|
26-03-10 ....Q4 ....Q3 ....Q2 ....Q1|....Q4 ....Q3 ....Q2 ....Q1|
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
Sales 14.387 10.403 6.767 3.227 12.209 8.797 5.697 2.557
COGS 7.613 5.646 3.774 1.850 6.855 5.004 3.299 1.478
Gross Marg 6.774 4.756 2.993 1.377 5.354 3.792 2.397 1.079
GM (%) 47 45 44 42 43 43 42 42
Opr Profit 4.342 3.059 1.914 865| 3.387 2.396 1.524 704
OP (%) 30 29 28 26 27 27 26 27
Net Profit 3.326 2.408 1.513 681| 2.523 1.798 1.136 514
NP (%) 23 23 22 21 20 20 19 20
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
Stk Price 7.550 7.300 6.300 4.900 3.725| 4.175 3.425 4.000 5.000
Book Value 1.719 1.571 1.418 1.491| 1.375 1.285 1.172 1.217
PBV 4,39 4,25 4,01 3,45 2,50| 3,03 2,66 3,41 4,11
DER 0,27 0,27 0,44 0,30| 0,31 0,28 0,29 0,29
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
ROE (%) 32 34 36 31| 31 31 33 28
ROE (Qtr) 36 38 40 31 35 35 36 28
ROA (%) 25 27 25 23| 23 24 25 22
Opr prof/share 732 521 326 147| 577 408 260 120
EPS 560 410 258 116| 430 306 193 87
EPS (Qtr) 154 152 141 116| 123 112 105 87
EPS (Annu) 560 547 516 464| 430 408 387 351
PER 13,46 13,02 11,51 9,49 8,02| 9,70 8,37 10,32 14,24
PER (Qtr) 12,19 11,79 10,32 8,63 8,02| 8,45 7,58 9,44 14,24
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
COP (year) 10,31 9,97 9,06 7,50 6,31 7,23 6,29 7,69 10,41
CLOP(year) 10,95 10,60 9,68 8,46 7,06 7,98 6,95 8,34 11,15
CLOP(Qtr) 8,97 8,62 7,73 7,06 6,82 6,37 7,75 11,15
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
Sales Growth(%) 17 18 18 26
Op.Prof Growth(%) 28 27 25 22
Net.Prof/EPS Grow 31 33 33 32
PEG (<1) 0,41 0,34 0,29 0,25
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
Sales(Qtr) 3.984 3.636 3.539 3.227 3.412 3.100 3.139 2.557
COGS (Qtr) 1.966 1.872 1.923 1.850 1.850 1.704 1.821 1.478
Gross Marg(Qtr) 2.017 1.763 1.615 1.377 1.561 1.395 1.318 1.079
GM (%) 50 48 45 42 45 45 41 42
OP.PR (Qtr) 1.283 1.144 1.048 865 990 871 820 704
OP % 32 31 29 26 29 28 26 27
NET.PR (Qtr) 918 894 832 681 724 662 621 514
NP % 23 24 23 21 21 21 19 20
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------
Asset 12.951 11.735 11.991 11.356|10.602 9.670 8.843 9.235
Liability 2.753 2.521 3.673 2.610| 2.533 2.132 1.967 2.093
Equity 10.197 9.213 8.317 8.745| 8.069 7.538 6.875 7.142
Capitalis. 44.780 43.298 36.947 28.731 21.846|24.485 20.086 23.458 29.323
Share(mil) 5.931 5.864 5.863 5.864 5.864 5.864 5.864 5.864
---------- ------ ====== ------ ------ ------ ====== ------ ------ ------

See ERROR and OMISSION

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

Cement sector comparison:

Date: 26-03-10 FINANCIAL RATIO COMPARISON 2009
Sector: CEMENT
Ranked by: ROE
www.investdata.net

|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
| | | |(1) (2) (3)| (4) (5)|(6)| (7) | (10) | (8) | (9) |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
| | | SALES |GRS OPR NET| |ROA| ROE | PER | COP | CLOP |YoY GROWTH |Q4/Q3 GROWT| | LAST | CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV DER| | |*LAST*| | | | OPR NET| OPR NET| PEG |PRICE |bio Rp |
| | |mio USD| % % % | | | Q3 Q4|QUARTR|TDY Q4 Q3|TDY Q4 Q3|TDY Q4 Q3|SAL PRF PRF|SAL PRF PRF| | |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
| 1 SMGR 14.387| 47 30 23| 4,3| 0,2| 25| 34 32|36 12|13| 13 11|10| 9 9|10| 10 9| 17 28| 31| 9 12| 2| 0,42| 7.550| 44.780|
| 2 SMCB 5.943| 37 23 15| 4,9| 1,1| 12| 25 27|39 12|18| 13 13|11| 8 8|14| 11 12| 11 39|217| -0 23| 14| 0,08| 2.125| 16.283|
| 3 INTP 10.576| 48 34 25| 5,0| 0,2| 20| 25 25|32 15|19| 18 15|14| 13 11|15| 14 12| 8 50| 57| 19 24| 26| 0,34|14.500| 53.377|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth

- http://www.investdata.net/QZ94CEM6.TXT

Fundamental INTP menyalib SMGR dan ini terlihat juga pada bentuk Elliott Cycle Wave yang kuat...

EW update for INTP:



- http://www.invest2000.net/pwlintp.png

Melihat wave 3 INTP yg begitu kuat dan wave 4 yg lemah, ada kemungkinan INTP ke 16500 jika IHSG tidak keburu turun...