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Retail Trade

PT Sumber Alfaria Trijaya Tbk

  • 780.00 IDR
  • 0.00
  • 0.00%
  • Indonesia
    Nov 16, 2018
  • Ticker
    JKT(AMRT)
  • Prev. close
    780
  • Market cap (IDR)
    32,389.10B
  • Market cap (USD)
    2,216.69M
  • Shares
    41,524.50M

Company Background

Founded in 1989 by Chinese-Indonesian businessman Djoko Susanto, Sumber Alfaria Trijaya started out as a distribution company before entering the convenience store market in 1999.

The company's main brand is Alfamart with nearly 10,000 stores across the archipelago. It also recently opened Alfamart stores in the Philippines, through a joint venture with local conglomerate SM Group.

SAT also operates Alfamidi mini supermarkets and Lawson, the Japanese convenience store chain, through its listed subsidiary Midi Utama Indonesia.

In 2011, Japanese trading house Mitsubishi Corp. entered an equity partnership with SAT to import food and consumer goods brands into Indonesia. It has since formed several joint ventures with food and beverage companies such as Japan's Yamazaki Baking.

Susanto is SAT's chairman, and several of his children are involved in managing the business.

Business Summary

PT Sumber Alfaria Trijaya engages in the retail distribution of consumer products through mini-market networks under the name Alfamart. It operates through the Food and Non-Food Products segments. The company was founded by Djoko Susanto on February 22, 1989 and is headquartered in Tangerang, Indonesia.

Financial Highlights

Dec 2017 IDRUSD
Revenue61,464.90B4,593.17M
Gross Profit10,633.85B794.65M
Operating income383,924M28.69M
Income before tax333,638M24.93M
Net income300,275M22.43M
EBITDA1,751.38B130.87M
Diluted EPS7.230.00
Dividends Per Share2.170.00
Total Assets21,901.74B1,614.27M
Total liabilities16,651.57B1,227.31M
Total equity5,107.89B376.48M
Operating cash flow2,681.16B200.35M
Currency in IDRCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 34,897.25B 41,495.72B 48,265.45B 56,107.05B 61,464.90B
Gross Profit 5,233.74B 6,922.86B 8,230.89B 9,682.51B 10,633.85B
Operating income 747,184M 966,176M 758,442M 722,157M 383,924M
Income before tax 667,026M 782,856M 636,378M 687,801M 333,638M
Net income 538,357M 539,553M 451,088M 601,589M 300,275M
EBITDA 1,832.78B 1,777.85B 1,736.58B 1,912.14B 1,751.38B
Diluted EPS 14.26 14.27 11.23 14.49 7.23
Dividends Per Share 4.25 3.85 4.35 4.35 2.17
Total Assets 11,038.55B 14,081.68B 15,315.31B 19,474.36B 21,901.74B
Total liabilities 8,434.83B 11,083.10B 10,465.10B 14,179.60B 16,651.57B
Total equity 2,354.53B 2,885.42B 4,727.11B 5,137.35B 5,107.89B
Operating cash flow 1,160.10B 1,102.05B 2,903.14B 1,581.18B 2,681.16B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 3,340.09M 3,497.67M 3,602.64M 4,218.44M 4,593.17M
Gross Profit 500.93M 583.52M 614.37M 727.98M 794.65M
Operating income 71.51M 81.43M 56.61M 54.29M 28.69M
Income before tax 63.84M 65.98M 47.50M 51.71M 24.93M
Net income 51.52M 45.47M 33.67M 45.23M 22.43M
EBITDA 175.41M 149.85M 129.62M 143.76M 130.87M
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Dividends Per Share 0.00 0.00 0.00 0.00 0.00
Total Assets 907.03M 1,136.99M 1,111.01M 1,445.49M 1,614.27M
Total liabilities 693.08M 894.88M 759.16M 1,052.48M 1,227.31M
Total equity 193.47M 232.97M 342.91M 381.32M 376.48M
Operating cash flow 111.03M 92.89M 216.69M 118.88M 200.35M

Valuation Measures

Dec 2017
PER84.37
ROA1.45%
ROE5.86%
Operating margin0.62%
Profit margin0.48%

Key executives

  • President Director: Anggara Hans Prawira
  • Finance Director & Secretary: Tomin Widian
  • Director-International Business & Technology: Bambang Setyawan Djojo
  • Director-Corporate Affairs: Solihin
  • Director-Property & Development: Harryanto Susanto

Shareholders

  • PT Sigmantara Alfindo (52.5%)
  • Mitsubishi Corp. (4.8%)
  • Lawson, Inc. (2.0%)
  • T. Rowe Price Associates, Inc. (0.7%)
  • Lombard Odier Asset Management (Switzerland) SA (0.4%)
  • Morgan Stanley Investment Management Co. (0.3%)
  • Schroder Investment Management (Hong Kong) Ltd. (0.1%)
  • First State Investment Management (UK) Ltd. (0.1%)
  • FIL Investment Management (Singapore) Ltd. (0.0%)
  • Neuberger Berman Investment Advisers LLC (0.0%)

Contact Details

Related Companies

  • PT Sumber Indah Lestari
  • PT Midi Utama Indonesia Tbk

Competitors

  • PT Ramayana Lestari Sentosa Tbk
  • PT Matahari Putra Prima Tbk
  • PT Hero Supermarket Tbk
  • Lotte Shopping Co., Ltd
  • CK Hutchison Holdings Ltd
  • Alimentation Couche-Tard Inc. Class B
  • Royal Ahold Delhaize N.V.
  • Sprouts Farmers Markets, Inc.
  • Philippine Seven Corporation
Last Updated on 16 Nov, 2018

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