Steel Pipe Industry Of Indonesia

Steel Pipe Industry Of Indonesia

ISSP · JK · Basic Materials / Steel

404.00IDR+10.00 (+2.54%)

Price History

Full chart

Market Stats

Previous Close394.00
Open396.00
Day Range394.00 – 408.00
52-Week Range345.43 – 540.92
Volume2.69M
Market Cap2.79T
P/E (TTM)4.98
Forward P/E8.50
EPS79.56
Dividend Yield5.05%
Beta0.28
50-Day Avg425.48
200-Day Avg440.06

About

PT Steel Pipe Industry of Indonesia Tbk, together with its subsidiary, PT Spindo Engineering Industry, manufactures and sells steel pipes/tubes and other related products in Indonesia and internationally. It operates through Steel Pipe Mill; Spiral Steel Pipe Mill; Strips and Plate; and Services and Others segments. The company offers ERW and SSAW pipes, such as structural pipes for use in foundation work, construction projects, bridges, piers, airports, stadiums, and halls, etc., as well as building envelope structural applications; water pipes for use in transmission water pipelines, water treatment plants, wastewater treatment plants, hydropower use facilities, and water circulation systems in buildings, as well as water tunnels; and oil and gas pipes for use in the oil and gas industry. It also provides stainless steel pipes, including ornamental tubes and industrial pipes; galvanized iron pipes applied as ceiling and ceiling frames, wall partition frames, canopies, fences, gates, electrical, and telecommunication cable channels; steel poles comprising telephone, electric, and lighting poles; and mechanical tubes for use in furniture materials, bus frame structures, bicycle frames, and automotive parts. In addition, the company offers inspection and test services. It exports its products. The company was founded in 1971 and is headquartered in Surabaya, Indonesia. PT Steel Pipe Industry of Indonesia Tbk is a subsidiary of PT Cakra Bhakti Para Putra.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Ibnu Susanto
  • Employees986
  • HeadquartersJl. Kalibutuh No. 189-191, Surabaya, Indonesia, 60173, Indonesia
  • Websitehttps://www.spindo.com

Leadership

  • Mr. Ibnu SusantoPresident Director · b. 1941
  • Mr. Tedja Sukmana HudiantoVice President Director, Commercial Director & Purchasing Raw Material Div. Head · b. 1963
  • Dianawati T.Finance & Accounting Div. Head
  • Mr. Johanes Wahyudi EdwardChief Strategy & Business Development Officer and Corporate Secretary & Investor Relation · b. 1977
  • Mr. Soediarto SoerjoprahonoSales & Marketing Director and Director · b. 1945
  • Budi Dwi SantosoHRD & GA Div. Head
  • Mr. Teguh Santoso HauwHead of Internal Audit Unit · b. 1974
  • Teddy W. UtomoPurchasing Technical & Spare Part Div. Head
  • Edy Lemena A.Purchasing Office Equipment Div. Head
  • Taufik SuryaSKF Div. Head

Financials

Income Statement

Currency: IDR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.71T2.58T3.09T3.53T3.37T3.58T3.26T3.66T4.47T4.89T3.78T5.38T6.26T6.46T6.12T5.93T
Growth (%)-+50.61%+19.99%+14.27%-4.70%+6.40%-9.05%+12.38%+21.97%+9.36%-22.73%+42.46%+16.31%+3.19%-5.22%-3.03%
Cost of Revenue1.47T2.14T2.69T2.93T2.80T2.81T2.56T3.10T3.94T4.20T3.22T4.26T5.50T5.40T5.01T4.81T
Gross Profit--401.01B605.00B564.29B772.96B698.62B562.56B531.70B688.39B558.12B1.12T758.61B1.06T1.11T1.13T
Gross Margin--12.97%17.12%16.76%21.57%21.44%15.36%11.90%14.09%14.78%20.82%12.13%16.40%18.08%18.97%
Operating Expense--104.78B226.17B209.39B261.96B272.59B240.93B164.91B268.26B249.25B355.23B251.33B310.13B175.78B327.57B
Operating Income32.61B288.71B296.23B378.83B354.90B510.99B426.02B321.63B366.79B420.13B308.87B764.78B507.28B748.46B930.19B797.75B
Operating Margin1.91%11.20%9.58%10.72%10.54%14.26%13.07%8.78%8.21%8.60%8.18%14.22%8.11%11.59%15.20%13.45%
EBITDA--220.82B324.31B408.99B362.92B389.60B270.35B253.20B432.57B320.36B957.15B709.57B1.03T814.91B899.00B
EBITDA Margin--7.14%9.18%12.14%10.13%11.95%7.38%5.67%8.85%8.49%17.79%11.34%15.98%13.32%15.15%
Net Income--111.19B203.56B214.90B159.01B102.92B8.64B48.72B185.69B175.82B486.06B305.86B498.09B530.08B534.25B
Net Income Margin--3.60%5.76%6.38%4.44%3.16%0.24%1.09%3.80%4.66%9.04%4.89%7.72%8.66%9.00%
Interest Expense0065.92B59.05B137.54B150.89B221.85B204.42B161.95B169.31B118.32B174.58B200.74B237.19B210.83B203.99B
Interest Expense % of Total Revenue0.00%0.00%2.13%1.67%4.08%4.21%6.81%5.58%3.63%3.47%3.13%3.25%3.21%3.67%3.45%3.44%

Balance Sheet

Currency: IDR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.71T2.64T3.28T4.39T5.44T5.45T6.04T6.27T6.49T6.42T6.08T7.10T7.41T7.97T8.30T8.80T
Total Liabilities1.36T2.10T2.51T2.46T3.12T2.89T3.40T3.43T3.58T3.33T2.74T3.31T3.26T3.35T3.25T3.12T
Total Equity349.56B543.91B768.64B1.93T2.33T2.55T2.65T2.84T2.92T3.10T3.34T3.79T4.14T4.62T5.04T5.67T
Cash6.34B6.21B14.31B119.20B197.78B24.59B31.34B170.49B232.24B219.02B59.54B50.09B50.18B176.94B503.65B956.53B
Total Debt--1.87T1.46T2.01T2.23T2.93T2.59T3.07T2.74T2.30T2.41T2.62T2.68T2.49T2.36T
Net Debt--1.86T1.34T1.81T2.20T2.90T2.42T2.84T2.53T2.24T2.36T2.57T2.50T1.99T1.41T

Cash Flow

Currency: IDR2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow234.07B--774.45B304.87B-191.01B176.32B-374.27B743.43B-374.76B461.35B350.58B-110.28B313.60B201.57B893.06B1.21T
Investing Cash Flow------543.44B-309.57B-215.48B-74.94B-139.16B-66.26B41.45B-106.74B-62.19B-264.77B-509.92B
Financing Cash Flow-319.95B816.01B211.37B437.59B190.53B690.51B-388.86B510.39B-335.31B-443.79B59.38B138.37B-12.62B-301.86B-242.92B
Capital Expenditure044.22B60.65B238.36B362.95B535.21B309.90B211.49B74.97B139.24B47.06B111.56B108.68B66.04B264.36B497.86B
Free Cash Flow---835.10B66.52B-553.96B-358.89B-684.17B531.93B-449.73B322.11B303.52B-221.84B204.92B135.53B628.70B707.57B
Dividends Paid----14.37B35.36B35.36B10.61B42.39B42.39B42.39B42.39B63.59B42.39B105.98B112.82B
FCF to OCF--107.83%21.82%290.01%-203.55%182.80%71.55%120.01%69.82%86.58%201.16%65.35%67.24%70.40%58.70%
Dividend Paid to FCF-----2.59%-9.85%-5.17%1.99%-9.43%13.16%13.97%-19.11%31.03%31.28%16.86%15.95%

Earnings

Report DateMar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020May 11, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Nov 15, 2022Dec 31, 2022May 2, 2023Jul 27, 2023
EPS Estimate------------------------------------------
EPS Actual11.058.170.748.3711.975.856.635.454.076.024.257.835.019.442.80-2.762.051.48-0.59-1.721.650.200.354.693.064.359.888.97-10.6411.026.6317.8915.4720.5127.085.7317.049.9714.451.8415.1413.62
Surprise------------------------------------------
Timing--------------------------------------After-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.79T
Enterprise Value5.70T
Trailing P/E4.98
Forward P/E8.50
Price / Sales0.45
Price / Book0.49
EPS79.56
Book Value819.17
Revenue (TTM)6.16T
Gross Profit (TTM)1.17T
EBITDA997.03B
Profit Margin9.12%
Operating Margin15.70%
Return on Equity10.29%
Return on Assets5.47%
Shares Outstanding7.05B
Shares Float2.74B
Beta0.28
Dividend Yield5.05%
Dividend Rate20.00
Payout Ratio25.14%

Dividends

20261×
20.00Jun 18, 2026
20251×
16.00Jul 2, 2025
20241×
15.00Jul 9, 2024
20231×
6.00Jul 11, 2023
20221×
9.00Jul 11, 2022
20211×
6.00Aug 6, 2021
20171×
1.50Jul 3, 2017
20161×
5.00Jul 29, 2016
20141×
2.00Nov 4, 2014