Profile

Industry Sector Property, Real Estate and Construction
Industry Sub Sector Property and Real Estate
Established 3 November 1993
Listed 18 December 2007
Listed Company Code ASRI
Listed Shares 19,649,411,888
Dividend Yes
Major Shareholders (>5%) Manunggal Prime Development (18.68%)
Tangerang Fajar Industrial Estate (25.21%)
Key Subsidiaries Delta Mega Persada
Duta Prakarsa Development
Nusa Cipta Pratama
Alam Sutera International Private Limited

Stock Quote Alam Sutera Realty - ASRI:

Business Summary

Alam Sutera Realty has become an integrated property developer that focuses on its business activities in the construction and management of residential, commercial areas, industrial areas, and also the management of shopping centers, recreation centers and hospitality (including large-scale townships).

Further Reading: Indonesia's Property Sector

In 1994, the company began to develop its first project in an integrated area named Alam Sutera, located in Serpong (Tangerang). Development of the first phase of Alam Sutera has been completed, and the company is currently focused on the development of the second phase which involves the development of a commercial area. Along with the development of the second phase of Alam Sutera, in 2012 the company began to market the Suvarna Padi Golf Estate project (in Tangerang) and acquired several assets on strategic locations in Bali as well as office towers in Jakarta.

A large portion of revenue is derived from the sale of land lots and the residential and commercial properties that are developed by the company in the Alam Sutera township, and to a lesser extent, rental income from leased property in the township and sale of land lots in the Pasar Kemis township.

Alam Sutera Realty's Financial Highlights:

     2015    2016    2017
Sales and Revenue
 2,783.7  2,715.7
Gross Profit  2,056.1  1,464.9
EBITDA  1,729.4  1,184.8
Net Income   598.7   519.1
Operating Profit
 1,627.7  1,096.4
Total Assets 18,709.9 20,186.1
Total Liabilities 12,107.5 12,998.3
Earnings per Share¹    30,4    25,9
Dividend per Share¹     n.a.    1,50

 

     2010    2011    2012    2013    2014
Sales and Revenue
  790.9  1,381.0  2,446.4  3,684.2  3,630.9
Gross Profit   406.4   814.4  1,466.9  1,837.4  2,306.7
EBITDA   365.1   741.0  1,357.4  1,589.6  1,983.6 
Net Income   290.5   601.7  1,192.7   876.8  1,098.4
Operating Profit
  333.4   693.6  1,254.0  1,533.2  1,907.8
Total Assets  4,588.0  6,007.5 10,946.4 14,428.1 16,924.4
Total Liabilities  2,371.6  3,220.7  6,214.5  9,096.3 10,553.2
Earnings per Share¹   16,26   33,68   61,19   44,62   55,85
Dividend per Share¹    4.03    6.13   14,60       7       7

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Sources: Alam Sutera Realty, Annual Report 2016

Projection Alam Sutera Realty's Future Corporate Earnings:

    2017  2018F  2019F  2020F
Revenues
EBITDA
Net Income
P/E Ratio (x)
P/BV (x)
EPS¹

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source:

Location

Contact Details

Wisma Argo Manunggal, 18th Floor
Jalan Jend. Gatot Subroto Kav. 22,
Jakarta 12930
Phone: +62 21 252 3838
Fax: +62 21 252 5050
Email: [email protected]
www.alam-sutera.com