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Miscellaneous

PT Saratoga Investama Sedaya Tbk

  • 4,160.00 IDR
  • 0.00
  • 0.00%
  • Indonesia
    Apr 19, 2018
  • Ticker
    JKT(SRTG)
  • Prev. close
    4,160
  • Market cap (IDR)
    11,285.94B
  • Market cap (USD)
    818.89M
  • Shares
    2,712.96M

Company Background

Saratoga Investama Sedaya is one of Indonesia's few listed investment companies, having gone public in mid-2013.

Saratoga, which holds major interests in coal miner Adaro Energy and palm oil producer Provident Agro, has been hit by low global commodity prices. But it has taken steps to diversify and increase its exposure to Indonesia's consumer sector: It handled automotive distributor Mitra Pinasthika Mustika's initial public offering and acquired a minor stake in a local luxury fashion retailer.

Saratoga was established in 1991 by Edwin Soeryadjaya. His father, Chinese-Indonesian billionaire William Soeryadjaya, was the founder of conglomerate Astra International.

In 1998, during the aftermath of the Asian financial crisis, Indonesian businessman Sandiaga S. Uno joined Saratoga. He is currently Saratoga's president, while Soeryadjaya serves as chairman. Together, the two executives own more than 50% of the company's shares.

Business Summary

PT Saratoga Investama Sedaya Tbk is an investment company, which engages in the businesses of agriculture, plantation, telecommunication, trading, energy, construction, transportation, and services through its subsidiaries. It operates its business through the following business segments: Infrastructure, Natural Resources, Consumer Products, and Head Officer & Others. The Infrastructure segment offers a wide range of geographical coverage, providing investment opportunities in infrastructure field, such as toll roads, power plants, transportation and so on. The Natural Resources segment provides investment opportunities relating to the natural resources the country can offer. The company was founded by Edwin Soeryadjaya and Sandliaga Salahuddin Uno on May 17, 1991 and is headquartered in Jakarta, Indonesia.

Financial Highlights

Dec 2017 IDRUSD
Revenue3,839.14B286.89M
Gross Profit----
Operating income3,211.72B240.00M
Income before tax3,187.46B238.19M
Net income3,231.69B241.49M
EBITDA3,213.08B240.10M
Diluted EPS1,1880.08
Dividends Per Share----
Total Assets26,629.59B1,962.74M
Total liabilities4,342.23B320.04M
Total equity22,033.00B1,623.95M
Operating cash flow1,922.50B143.66M
Currency in IDRCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 3,658.76B 6,123.87B 4,282.27B 1,085.11B 3,839.14B
Gross Profit 367,279M 732,005M 957,182M -- --
Operating income -- -- -- 6,724.35B 3,211.72B
Income before tax -541,237M 1,019.45B 1,676.46B 6,585.13B 3,187.46B
Net income 245,914M 624,695M 923,407M 5,669.92B 3,231.69B
EBITDA -- -- -- 6,725.79B 3,213.08B
Diluted EPS 95 230 341 2,087 1,188
Dividends Per Share 0 0 32 148 --
Total Assets 16,209.88B 15,840.54B 16,701.44B 25,144.27B 26,629.59B
Total liabilities 5,542.17B 4,768.11B 5,220.65B 5,777.73B 4,342.23B
Total equity 10,409.86B 10,508.19B 10,531.92B 18,984.33B 22,033.00B
Operating cash flow -230,908M 467,952M 681,819M 292,736M 1,922.50B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 350.18M 516.18M 319.63M 81.58M 286.89M
Gross Profit 35.15M 61.70M 71.44M -- --
Operating income -- -- -- 505.57M 240.00M
Income before tax -51.80M 85.92M 125.13M 495.10M 238.19M
Net income 23.53M 52.65M 68.92M 426.29M 241.49M
EBITDA -- -- -- 505.68M 240.10M
Diluted EPS 0.00 0.01 0.02 0.15 0.08
Dividends Per Share 0 0 0.00 0.01 --
Total Assets 1,331.95M 1,279.01M 1,211.56M 1,866.34M 1,962.74M
Total liabilities 455.39M 384.99M 378.72M 428.85M 320.04M
Total equity 855.37M 848.46M 764.01M 1,409.11M 1,623.95M
Operating cash flow -22.10M 39.44M 50.89M 22.00M 143.66M

Valuation Measures

Dec 2017
PER3.00
ROA12.48%
ROE15.75%
Operating margin83.65%
Profit margin84.17%

Key executives

  • President Director: Michael William P. Soeryadjaya
  • Finance Director: Jerry Go Ngo
  • Portfolio Director: Andi Esfandiari
  • Head-Internal Audit Unit: Lily Herawati
  • Division Head-Budgeting, Accounting & MIS: Tommy Tjia

Shareholders

  • SOERYADJAYA EDWIN (32.0%)
  • SOERYADJAYA FAMILY (31.6%)
  • UNO SANDIAGA SALAHUDDIN (27.7%)
  • Aberdeen Asset Management (Asia) Ltd. (0.2%)
  • PT Saratoga Investama Sedaya Tbk (0.0%)
  • Acadian Asset Management LLC (0.0%)
  • McKinley Capital Management LLC (0.0%)
  • Cornerstone Advisors, Inc. (Washington) (0.0%)

Contact Details

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Competitors

    Last Updated on 19 Apr, 2018

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