ROE Astra group VS ROE Bakrie group

ROE Astra group VS ROE Bakrie group


Rata2 Return On Equity (ROE) perusahaan Astra group = 25% sedangkan Bakrie Group cuman 1%

Astra group:

Date: 29-07-10 FINANCIAL RATIO COMPARISON
Sector: ASTRA GROUP
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 |Q2/Q1 GROWT| | LAST | CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV DER| | |*LAST*| | | | OPR NET| OPR NET| PEG |PRICE |bio Rp |
| | |mio USD| % % % | | | Q1 Q2|QUARTR|TDY Q2 Q1|TDY Q2 Q1|TDY Q2 Q1|SAL PRF PRF|SAL PRF PRF| | |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- *** *** =====|======|=======|
| 1 AUTO 3.046| 18 8 18| 3,6| 0,4| 22| 31 33|34 10|10| 8 4|23| 18 10|26| 21 13| 25 42| 81| 1 3| 4| 0,13|16.050| 12.377|
| 2 ASII 61.939| 20 10 10| 4,9| 1,4| 12| 28 29|31 15|16| 15 14|16| 14 13|20| 19 17| 38 13| 51| 8 5| 13| 0,32|52.750|213.550|
| 3 UNTR 18.079| 18 14 10| 4,5| 0,8| 13| 24 25|26 17|17| 16 16|12| 11 11|15| 14 13| 30 2| 0| 7 3| 8|22,09|20.050| 66.703|
| 4 ASGR 574| 34 10 7| 1,4| 0,7| 12| 17 21|26 5| 6| 6 7| 5| 4 4| 7| 7 8|-14 23| 71| -2 39| 50| 0,10| 445| 600|
| 5 AALI 3.517| 34 27 18| 5,0| 0,2| 16| 16 20|23 21|24| 23 35|16| 15 22|16| 16 23| -0 -17|-17| 15 18| 34|-1,39|19.450| 30.628|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

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/QZA2AST6.TXT

Bakrie group:

Date: 06-08-10 FINANCIAL RATIO COMPARISON
Sector: BAKRIE GROUP
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 |Q2/Q1 GROWT| | LAST | CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV DER| | |*LAST*| | | | OPR NET| OPR NET| PEG |PRICE |bio Rp |
| | |mio USD| % % % | | | Q1 Q2|QUARTR|TDY Q2 Q1|TDY Q2 Q1|TDY Q2 Q1|SAL PRF PRF|SAL PRF PRF| | |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- *** *** =====|======|=======|
| 1 UNSP 1.134| 39 29 8| 0,5| 1,0| 1| 3 2| 1 28|20| 24 18| 5| 7 7|17| 19 15| 8 37|-26| 5 19|-46|-0,75| 300| 3.972|
| 2 ELTY 537| 45 15 11| 0,5| 1,5| 1| 2 2| 3 17|18| 22 39|14| 17 33|59| 62 91| 45 27| 10| 61 43| 24| 1,77| 120| 2.389|
| 3 DEWA$ 104| -3 -3 -3| 0,3| 0,3| -1| -4 -1| 0123|**|-20-18|**|-20-21|**|-39-36| 1-143|***| 32 -92|***| 0,01| 61| 104|
| 4 ENRG 568| 22 10 -13| 0,7| 0,8| -1| -1 -2|-3-19|**|-32-68|36| 43 92|80| 87173|-19 200|-67| 21 171|163| 0,41| 108| 4.383|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

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/QZA2BAK6.TXT

Ini bukan HUMOR tapi SERIUS......

Pertanyaannya kenapa ini terjadi ?

- Apakah ini kesalahan management atau group Bakrie punya Misi bisnis yang berbeda ?.
- Misalnya misi bisnisnya bukan Meningkatkan Profit tapi Meningkatkan Asset, mungkin
engga ?.

Mungkin ada yang bisa jelaskan PHENOMENA ini ? apakah ini strategi bisnis atau murni salah urus ?.

Kalo Asset ditingkatkan dengan meningkatkan hutang, tentunya Profit akan menurun kalo Tingkat bunga pinjaman diatas Profit Return.

Management tentunya tahu akan hal ini TAPI mereka tetap melakukannya, jadi terlihat mereka punya MISI: Meningkatkan Asset meskipun menurunkan profit.

More ASSET mean MORE POWER, biarpun banyak utang, isn't it ?.

Apakah ini MISI BISNIS group Bakrie ?.