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    Real Estate

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    Real Estate - Development
PT Cowell Development Tbk

PT Cowell Development Tbk

COWL.JK
PT Cowell Development TbkID flagIndonesia Stock Exchange
50.00
IDR
- -
- -
243.56BMarket Cap
PT Cowell Development Tbk
COWL.JK
(Indonesia Stock Exchange)

Recent

price

50.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
TTM
FRC
265.76
111.09
131.14
133.2
272.69
301.41
67.92
116.27
119.75
117.03
107.84
85.84
- -
85.84
Revenue per Share
23.44
8.77
18.15
11.13
50.14
67.42
10
33.8
-36.69
-4.82
-14.18
-46.1
- -
-46.1
Basic EPS, GAAP
-1.06
-2.2
-0.19
-6.99
-0.66
-5.84
-5.43
-3.72
-10.01
-2.67
-2.42
-0.59
- -
-0.39
Free Cash Flow per Basic Share
- -
1.99
1.79
2.72
- -
3.22
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
332.65
145.84
162.2
161.15
232.46
611.89
142.04
173.94
138.03
133.72
118.88
75.86
- -
75.86
Book Value per Share
360.07
157.58
173.94
172.96
246.47
425.55
102.73
84.2
48.51
54.12
17.86
-24.06
- -
-24.06
Tangible Book Value per Share
314
754
754
754
665
1,033
4,871
4,871
4,871
4,871
4,871
4,871
- -
4,871
Basic Weighted Avg Shares
83,456
83,806
98,931
100,491
181,228
311,479
330,837
566,386
583,330
570,072
525,325
418,169
461,083
418,169
Sales/Revenue/Turnover
15.47
13.7
22.32
11.73
17.19
25.91
30.47
34.29
34.66
28.21
29.76
27.1
-46.4
23.31
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6,483
5,569
4,357
2,998
4,357
Depreciation Expense
7,361
6,618
13,691
8,400
33,321
69,667
48,702
164,628
-178,714
-23,490
-69,060
-224,571
-959,832
-224,571
Net Income, GAAP
24.12
39.22
26.54
37.43
21.38
18.31
36.42
20.11
- -
287.58
- -
- -
- -
- -
Effective Tax Rate (%)
8.82
7.9
13.84
8.36
18.39
22.37
14.72
29.07
-30.64
-4.12
-13.15
-53.7
-208.17
-53.7
Profit Margin (%)
- -
- -
108,548
54,885
50,454
119,342
-107,347
-12,865
7,684
217,158
-25,503
-289,065
-1,889,743
-289,065
Working Capital
- -
- -
23,700
769
25,754
223,674
387,776
1,592,649
1,628,495
1,825,078
1,434,672
1,256,971
639
1,256,971
LT Debt
113,075
118,896
131,236
130,500
163,822
1,133,875
1,193,487
1,348,948
1,174,139
1,200,131
1,127,856
918,281
-19,279
918,281
Total Equity
- -
4.53
10.21
4.5
12.9
7.7
4.06
6.62
- -
-9.82
- -
- -
- -
- -
Return on Invested Capital (%)
- -
6.67
11.24
7.6
20.29
13.03
7.68
12.74
- -
-13.39
- -
- -
- -
- -
Return on Capital (%)
- -
6.17
11.78
6.89
24.14
17.71
7.36
21.39
-23.52
-3.55
-11.22
-47.35
- -
-47.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'18
Sep'18
Dec'18
ST Debt
408,600
406,311
710,673
LT Borrowings
1,546,452
1,616,836
1,256,971
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,871
4,871
4,871
Market Capitalization
2,289,471
2,201,789
2,036,167

Working Capital

FRC

•

in mil. unless spec.
Jun'18
Sep'18
Dec'18
Total Current Assets
702,723
779,137
814,339
Cash, Cash Equivalents & STI
17,466
62,444
72,790
Accounts Receivable, Net
81,506
60,178
91,288
Inventories
563,428
595,892
622,837
Total Current Liabilities
806,657
913,816
1,103,404
Payables & Accruals
- -
- -
- -
ST Debt
408,600
406,311
710,673
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.79%
-27.49%
-102.1%
Free Cash Flow
506.63%
-2.8%
-24.65%
Net Income, GAAP
102.62%
90.23%
327.41%
Sales/Revenue/Turnover
21.39%
-3.45%
10.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
128,803
148,550
129,812
118,160
525,325
2018
125,889
141,768
74,080
76,432
418,169
2019
- -
75,797
224,147
- -
461,083

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
0.32
- -
- -
- -
-14.18
2018
-7.38
- -
- -
- -
-46.1
2019
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -
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Business
PT Cowell Development Tbk (COWL.JK) is an Indonesian property developer focused on residential, commercial, and mixed-use real estate projects. The company offers a range of property developments including apartments, condominiums, landed houses, office buildings, retail spaces, and hotels; it also provides property management services, construction services, and real estate investment opportunities. Headquartered in Jakarta, Indonesia, and founded in 2012, PT Cowell Development Tbk operates primarily in Indonesia with projects concentrated in major urban areas such as Jakarta, Tangerang, and Bekasi. The company's core business segments encompass mid-to-high-end residential developments under brands like Cowell Residence and Cowell Parkview; commercial properties including office towers and shopping malls; and hospitality assets such as serviced apartments and hotels. It targets middle-to-upper income buyers, corporate tenants, and investors in the Indonesian real estate market. Subsidiaries include PT Cowell Propertindo and PT Cowell Properti Investama, which support its development and investment activities. In recent developments, PT Cowell Development Tbk listed on the Indonesia Stock Exchange in 2023, marking a significant capital-raising milestone through its initial public offering. The company expanded its portfolio with the launch of new residential projects like Cowell Residence Bekasi in 2024 and entered strategic partnerships for sustainable development initiatives. Additionally, it announced expansions into industrial parks and green building certifications in 2025 to align with Indonesia's growing demand for eco-friendly properties.