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Consumer Services

PT Global Mediacom Tbk

  • 565.00 IDR
  • -15.00
  • -2.59%
  • Indonesia
    Apr 20, 2018
  • Ticker
    JKT(BMTR)
  • Prev. close
    580
  • Market cap (IDR)
    8,235.20B
  • Market cap (USD)
    593.42M
  • Shares
    14,198.60M

Company Background

Global Mediacom is Indonesia's largest media company. Its core free-to-air television network business, operated by publicly listed subsidiary Media Nusantara Citra, owns three national TV channels and claims a prime-time audience share of 40%. It also owns pay TV channels, newspapers, news websites and radio stations.

Global Mediacom, formerly known as Bimantara Citra, was founded in the early 1980s. It launched RCTI, Indonesia's first private TV station which was previously managed by a son of former President Suharto.

Hary Tanoesoedibjo, through his investment company, bought Bimantara after the fall of then-President Suharto in 1998 and became the company's president in 2002. The young Chinese-Indonesian not only built a media empire but has pushed efforts to diversify as well. In 2013, it formed an alliance with Chinese Internet giant Tencent.

Tanoesoedibjo also faced several blows during Indonesia's presidential election campaign in 2014. After resigning from the Hanura party, he backed presidential candidate Prabowo Subianto, who lost the election. Nevertheless, the media mogul is considered one of the driving forces behind the closest presidential election in Indonesia's history.

Business Summary

PT Global Mediacom Tbk is a media company, which engages in investment activities in integrated media, broadcasting, entertainment, and telecommunications industries. It operates through the following segments: Content and Advertising-Based Media, Subscribers-Based Media, Online Based Media, and Others. The company's activities include content production, content distribution, television and radio broadcasting, newspaper, magazine, tabloids, telecommunication operator, mobile content aggregator, and information technology systems integrator. PT Global Mediacom was founded by Mohammad Tachril Sapi'ie and Bambang Trihatmodjo on June 30, 1981 and is headquartered in Jakarta, Indonesia.

Financial Highlights

Dec 2017 IDRUSD
Revenue10,829.45B809.26M
Gross Profit5,013.91B374.68M
Operating income2,847.52B212.79M
Income before tax2,026.06B151.40M
Net income493,835M36.90M
EBITDA4,292.57B320.77M
Diluted EPS35.700.00
Dividends Per Share----
Total Assets27,694.73B2,041.25M
Total liabilities13,568.37B1,000.06M
Total equity9,246.25B681.50M
Operating cash flow4,410.45B329.58M
Currency in IDRCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 10,019.97B 10,657.15B 10,581.31B 10,459.64B 10,829.45B
Gross Profit 4,327.30B 4,236.61B 3,945.00B 4,038.34B 5,013.91B
Operating income 2,857.30B 2,623.44B 1,989.65B 2,045.23B 2,847.52B
Income before tax 1,511.57B 1,915.11B 632,686M 1,412.17B 2,026.06B
Net income 620,395M 702,919M 70,246M 203,902M 493,835M
EBITDA 3,827.53B 3,862.44B 3,350.51B 3,481.78B 4,292.57B
Diluted EPS 44.70 51.20 5 14.70 35.70
Dividends Per Share 25 25 5 5 --
Total Assets 21,069.47B 25,364.32B 26,613.97B 24,624.43B 27,694.73B
Total liabilities 7,716.43B 9,478.33B 11,218.86B 10,712.44B 13,568.37B
Total equity 9,279.47B 11,279.86B 10,751.82B 9,234.39B 9,246.25B
Operating cash flow 1,601.23B 1,649.08B 3,483.22B 4,334.57B 4,410.45B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 959.03M 898.29M 789.81M 786.41M 809.26M
Gross Profit 414.17M 357.10M 294.46M 303.62M 374.68M
Operating income 273.47M 221.13M 148.51M 153.77M 212.79M
Income before tax 144.67M 161.42M 47.22M 106.17M 151.40M
Net income 59.37M 59.24M 5.24M 15.33M 36.90M
EBITDA 366.34M 325.56M 250.08M 261.78M 320.77M
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Dividends Per Share 0.00 0.00 0.00 0.00 --
Total Assets 1,731.26M 2,047.98M 1,930.64M 1,827.75M 2,041.25M
Total liabilities 634.05M 765.30M 813.84M 795.13M 1,000.06M
Total equity 762.48M 910.76M 779.96M 685.42M 681.50M
Operating cash flow 153.25M 139.00M 259.99M 325.89M 329.58M

Valuation Measures

Dec 2017
PER16.52
ROA1.88%
ROE5.34%
Operating margin26.29%
Profit margin4.56%

Key executives

  • President Director & Chief Executive Officer: Hary Iswanto Tanoesoedibjo
  • Director: Syafril Nasution
  • Internal Audit: Mahdan Ibrahim
  • Director-Business Development: David Fernando Audy
  • Director-Group Governance & Human Resources: Indra Pudjiastuti Prastomiyono

Shareholders

  • PT MNC Investama Tbk (52.8%)
  • PT Global Mediacom Tbk (2.4%)
  • Coronation Asset Management (Pty) Ltd. (2.4%)
  • Dimensional Fund Advisors LP (1.9%)
  • The Vanguard Group, Inc. (1.6%)
  • NFU Mutual Investment Services Ltd. (0.3%)
  • FIL Investment Advisors (UK) Ltd. (0.3%)
  • BlackRock Fund Advisors (0.2%)
  • TANOESOEDIBJO HARY ISWANTO (0.2%)
  • LGT Capital Partners AG (Investment Management) (0.1%)

Contact Details

  • Website:http://www.mediacom.co.id
  • Address: MNC Tower, Jalan Kebon Sirih No. 17-19, Jakarta, 10340, Indonesia
  • Phone: +62.21.3900310

Related Companies

  • PT MNC Lisensi International
  • PT MNC GS Homeshopping
  • PT Media Nusantara Citra Tbk

Competitors

  • PT Tempo Inti Media Tbk
Last Updated on 20 Apr, 2018

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