Erajaya Swasembada
PT Erajaya Swasembada Tbk is an Indonesia-based company engaged in the distribution and retail of mobile communication products in Indonesia. The Erajaya Group is the official distributor for ten international mobile communication brands and an authorized partner for major mobile operators.
Profil
Industry Sector | Trade, Services & Investment |
Industry Sub Sector | Retail Trade |
Established | 8 October 1996 |
Listed | 14 December 2011 |
Listed company code | ERAA |
Listed Shares | 2,900,000,000 |
Dividend | Yes |
Major Shareholders (>5%) | Eralink International (59.97%) |
Key Subsidiaries | Erafone Artha Retailindo Sinar Eka Selaras Era Sukses Abadi Teletama Artha Mandiri |
Stock Quote Erajaya Swasembada - ERAA:
Business Summary
The Erajaya Group has grown into a nationwide distribution network made up of around 100 distribution points, 700 stores and partnerships with more than 16,000 third-party re-sellers. It is a market leader for the distribution of mobile communication products in Indonesia.
Erajaya is Indonesia's leading distributor and retailer of smartphones, tablets, and android devices. Its brands include Xiaomi, Nokia, Apple, Samsung, Blackberry, Acer, Dell, HTC, Motorola, Sony, LG, Huawei and Venera.
Initially, Erajaya's business line only covered Nokia phones. However, when Nokia sales fell sharply in 2009 due to increased competition from smartphones, the company decided to engage in an aggressive expansion program. This program included the take-over of PT Teletama Artha Mandiri (TAM), an Indonesian distributor of Blackberry handsets, an initial public offering (IPO) on the Indonesia Stock Exchange, through which it raised IDR 920 billion, and by adding more brands on the company's distribution line. The company has also steadily expanded its number of distribution centers and outlets. In 2012, it acquired ibox, an Apple reseller, training center and service provider for USD $18 million.
Financial Highlights Erajaya Swasembada:
2015 | 2016 | 2017 | |
Net Sales | 20,007.6 | 20,547.1 | |
Gross Profit | 1,505.6 | 1,792.3 | |
Net Income | 226.0 | 263.8 | |
Income from Operations | 477.5 | 533.6 | |
Income before Tax | 320.4 | 383.5 | |
EBITDA | 615.0 | 708.0 | |
Total Assets | 7,800.3 | 7,424.6 | |
Total Liabilities | 4,594.9 | 4,015.4 | |
Earnings per Share¹ | 78 | 91 | |
Cash Dividend per Share¹ | |||
Price-to-Earnings Ratio (x) | 6.99 | 6.59 |
2010 | 2011 | 2012 | 2013 | 2014 | |
Net Sales | 4,638.5 | 6,899.5 | 12,883.6 | 12,727.3 | 14,451.4 |
Gross Profit | 507.8 | 748.8 | 1,145.7 | 1,169.2 | 1,289.2 |
Net Income | 217.7 | 255.4 | 432.9 | 348.4 | 212.3 |
Income from Operations | 293.6 | 389.8 | 625.8 | 546.4 | 478.2 |
Income before Tax | 296.7 | 357.8 | 583.9 | 456.9 | 296.9 |
EBITDA | 419.5 | 690.0 | 642.9 | 602.1 | |
Total Assets | 1,285.0 | 2,929.5 | 3,887.4 | 5,001.6 | 6,121.8 |
Total Liabilities | 268.1 | 782.1 | 1,308.4 | 2,248.3 | 3,112.4 |
Earnings per Share¹ | 110 | 126 | 149 | 120 | 73 |
Cash Dividend per Share¹ | 60 | 0 | 20 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Erajaya Swasembada, Financial Report 2016
Projection Erajaya Swasembada's Future Corporate Earnings:
2015 | 2016 | 2017F | 2018F | |
Net Revenue | 20,008 | 20,547 | 23,187 | 25,546 |
Net Profit |
230 | 262 | 303 | 327 |
P/BV (x) |
0.7 | 0.6 | 0.6 | 0.6 |
P/E Ratio (x) | 9.5 | 8.3 | 7.2 | 6.7 |
in billion IDR, unless otherwise stated
Source: Ciptadana Sekuritas (19/02/2018)
Lokasi
Detail Kontak
Jalan Gedong Panjang No. 29-31
Jakarta - 11240
Phone: +62 21 690 5050
Fax: +62 21 698 31225
Email: djatmiko.wardoyo@erajaya.com
www.erajaya.com