In the Investment Club training activities last year in 2022, we were given a final assignment to analyze the Q3 financials of PT Indofood Sukses Makmur Tbk (INDF). We conducted the analysis based on the available data in the financial statements, including net profit, equity, total assets, and revenue, by comparing these figures with the average sector benchmarks.
Here is the analysis we performed, including:
1. Return on Equity (ROE)
2. Return on Assets (ROA)
3. Net Profit Margin
4. Current Ratio
5. Debt to Equity Ratio (DER)
6. Price-Earnings Ratio (PER)
7. Price to Book Value (PBV)
8. Earnings per Share
9. Debt Asset Ratio
10. Gross Profit Margin
11. EBITDA
12. Dividend Yield
13. Dividend Payout Ratio
14. Relative Valuation
With this analysis, we concluded that PT Indofood Sukses Makmur Tbk, based on its analytical data, is a company worth investing in. Not only from an analytical perspective, but the products created by PT Indofood are well-known among both domestic and international communities. For instance, Indomie noodles are widely available in Yogyakarta (Warmindo), Indonesia, and many international consumers have tried this Indonesian-made product. When we started our Equity Research, the share price of PT Indofood Sukses Makmur Tbk (INDF) was IDR 6,050 per share, whereas now, just one month later, the share price of INDF is IDR 6,775 per share.
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