Obermatt

Indocement

JKT:INTP · ID1000061302
Construction MaterialsMedium

360

97
EV / EBIT97
Price / Owner Earnings74
Owner Earnings Yield98
Dividend Yield100
Price/Sales62
EV / Gross Profit90
Price/Book89
Return on Capital61
Cash Return on Capital85
Return on Equity68
EBIT Margin69
Gross Profitability61
Cash Conversion28
Accruals81
Owner Earnings Margin88
Sales growth44
Profit Growth36
Long-Term EPS Growth16
Owner Earnings Growth63
Reinvestment74
Price momentum33
Debt load86
Refinancing52
Debt Payback100
Liquidity69
Analyst ratings75
Opinion Changes50
Price Target Upside90
Market mood60
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Indocement clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryGermany
IndustryConstruction Materials
SizeMedium
TypePublic Company
ExchangeIDX
Founded1985
Employees794
ISINID1000061302
Last UpdateApr 2, 2026
Themes
Building MaterialConstructionManufacturing

Description

PT Indocement Tunggal Prakarsa Tbk is a prominent cement manufacturing company in Indonesia, with a significant presence in the ready-mix concrete and aggregates sectors. The company's core operations encompass manufacturing, distribution, sales, an…

Analysis

Hidden champion

PT Indocement Tunggal Prakarsa Tbk is what we call a hidden champion: a strong business that the market is not pricing as one.

The price is attractive. You pay 5.5× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
89
2023202420252026

All-time high

90

Jan 2025

All-time low

69

Jan 2023

Average rank

84

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
62
55
38
25
Price/Earnings
86
53
34
23
Price/Book
89
71
43
52
Dividend Yield
100
52
65
48
Value (overall)
96
53
30
21

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →