1. Indonesia Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
PT Avia Avian Tbk

PT Avia Avian Tbk

AVIA.JK
PT Avia Avian TbkID flagIndonesia Stock Exchange
320.00
IDR
- -
- -
18.98TMarket Cap
PT Avia Avian Tbk
AVIA.JK
(Indonesia Stock Exchange)

Recent

price

320.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
82.68
91.52
92.51
120.72
108.05
113.26
121.9
135.32
127.74
Revenue per Share
16.75
15.49
18.34
25.54
22.61
26.51
27.16
29.11
27.06
Basic EPS, GAAP
-6.43
-3.15
-1.93
-3.22
-4.05
-5.24
-7.97
-8.37
-9.45
Free Cash Flow per Basic Share
- -
19.37
11.3
41.84
18
22
22
21.99
11.1
Dividend per Share
33.05
29.17
36.21
22.75
25.04
29.55
35.03
42.88
37.38
Book Value per Share
71.18
68.1
75.62
167.65
154.17
159.73
156.69
158.4
157.17
Tangible Book Value per Share
61,954
61,954
61,954
56,161
61,954
61,953
61,289
60,033
60,555
Basic Weighted Avg Shares
5,122,172
5,669,732
5,731,261
6,779,643
6,694,171
7,016,882
7,471,356
8,123,685
7,735,115
Sales/Revenue/Turnover
24.81
22.06
25.09
26
22.13
24.51
23.73
23.68
22.72
Operating Margin (%)
65,182
91,562
154,982
161,534
176,016
185,914
215,439
233,149
225,115
Depreciation Expense
1,038,022
959,368
1,136,147
1,434,613
1,400,561
1,642,166
1,664,341
1,747,462
1,638,627
Net Income, GAAP
23.81
27.94
23.8
22.23
19.76
17.52
19.57
19.85
20.15
Effective Tax Rate (%)
20.27
16.92
19.82
21.16
20.92
23.4
22.28
21.51
21.18
Profit Margin (%)
2,779,143
2,461,023
2,898,923
7,546,758
7,608,552
7,735,672
7,141,777
6,364,436
6,649,771
Working Capital
- -
- -
73,384
44,833
23,136
15,725
19,416
14,622
15,355
LT Debt
4,410,108
4,219,111
4,684,634
9,415,620
9,574,885
9,921,489
9,631,880
9,540,224
9,547,794
Total Equity
- -
20.46
23.65
18.79
12.26
14.35
14.4
15.77
14.4
Return on Invested Capital (%)
- -
49.77
55.09
79.2
94.1
93.81
81
71.4
76.2
Return on Capital (%)
- -
49.77
56.1
81.48
99.01
97.12
83.69
74.03
77.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
73,966
15,039
18,920
LT Borrowings
- -
- -
- -
LT Finance Leases
19,416
19,926
15,355
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60,790
60,529
60,174
Market Capitalization
24,660,264
24,585,244
25,433,012

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
8,493,362
8,524,286
7,904,330
Cash, Cash Equivalents & STI
5,282,391
5,189,660
4,427,839
Accounts Receivable, Net
1,461,737
1,429,873
1,428,643
Inventories
1,558,203
1,629,881
1,838,586
Total Current Liabilities
1,351,585
1,380,310
1,254,559
Payables & Accruals
- -
- -
- -
ST Debt
73,966
15,039
18,920
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.49%
-0.95%
Free Cash Flow
- -
34.63%
2.84%
Net Income, GAAP
- -
9.5%
4.99%
Sales/Revenue/Turnover
- -
7.41%
8.73%
Total Cash Common Dividend
- -
40.44%
-2.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,905,020
1,715,503
1,784,205
2,066,628
7,471,356
2025
2,018,597
1,865,685
2,195,939
- -
8,123,685
2026
2,357,880
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.24
- -
- -
- -
27.16
2025
7.38
- -
- -
- -
29.11
2026
8.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
22
2025
- -
- -
- -
- -
21.99
2026
- -
- -
- -
- -
- -
Similar Companies
Green Plains Inc. (GPRE)
Borregaard ASA (BRG.OL)
Huabao International Holdings Limited (HUABF)
AirBoss of America Corp. (BOS.TO)
Rubfila International Ltd. (RUBFILA.NS)
Elementis plc (ELM.L)
Business
PT Avia Avian Tbk (AVIA.JK) is an Indonesia-based company engaged in the manufacturing and distribution of paints, coatings, and related products for consumer, industrial, and construction applications. The company produces a wide range of products including water-based paints, oil-based paints, enamel paints, wood coatings, and industrial coatings under brands such as Avian, Propan, and Grogot; it also offers specialty services like waterproofing solutions, construction chemicals, and home renovation materials. Headquartered in Tangerang, Indonesia, and founded in 1978, PT Avia Avian Tbk operates primarily in the Asia-Pacific region, with distribution networks across Indonesia and select international markets targeting residential, commercial, and industrial customers. In recent developments, the company expanded its product portfolio through the launch of eco-friendly low-VOC paints in 2024 and formed strategic partnerships with local distributors to enhance market penetration in eastern Indonesia; additionally, it completed a significant funding round via rights issue in early 2025 to support capacity expansion at its manufacturing facilities.