1. Indonesia Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Development
PT Fortune Mate Indonesia Tbk

PT Fortune Mate Indonesia Tbk

FMII.JK
PT Fortune Mate Indonesia TbkID flagIndonesia Stock Exchange
252.00
IDR
-2.00
- -
1.61TMarket Cap
PT Fortune Mate Indonesia Tbk
FMII.JK
(Indonesia Stock Exchange)

Recent

price

252.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.74
3.72
5.83
7.93
6.95
37.32
62.82
5.51
6.76
13.16
8.02
8.24
8.18
6.65
5.52
5
8.22
Revenue per Share
-0.84
-0.43
0.16
-1.22
0.4
12.85
39.18
1.38
0.92
0.42
-0.23
1.34
2.7
2.71
1.62
2.27
3.82
Basic EPS, GAAP
-0.07
-0.01
-0.08
-0.1
-0.03
- -
- -
- -
-3.66
- -
-0.65
-0.02
-0.05
-0.16
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
2.28
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
36.68
35.84
36
35.94
36.35
48.73
87.91
95.75
96.68
97.1
96.87
98.21
100.91
103.3
104.92
107.19
107.62
Book Value per Share
44.07
38.89
33.86
33.57
33.95
58.98
105.11
106.52
105.52
98.02
97.66
99.31
101.85
104.56
106.18
108.53
108.88
Tangible Book Value per Share
6,328
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
6,400
Basic Weighted Avg Shares
11,034
23,783
37,314
50,721
44,485
238,861
402,073
35,261
43,232
84,250
51,321
52,738
52,373
42,580
35,318
32,026
52,585
Sales/Revenue/Turnover
-57.41
1.81
17.88
28.28
32.25
77.55
76.26
32.87
41.68
26.74
26.48
40.99
41.12
43.11
32.5
48.33
49.43
Operating Margin (%)
- -
2,341
2,210
1,948
1,697
1,687
1,582
646
183
84
96
125
330
620
511
483
632
Depreciation Expense
-5,315
-2,729
1,023
-7,817
2,568
82,233
250,755
8,834
5,916
2,719
-1,481
8,558
17,295
17,361
10,365
14,537
24,420
Net Income, GAAP
- -
252.85
79.91
- -
44.25
6.97
6.75
12.1
17.84
43.84
- -
13.7
7.13
5.8
5.91
5.58
4.73
Effective Tax Rate (%)
-48.17
-11.47
2.74
-15.41
5.77
34.43
62.37
25.05
13.68
3.23
-2.89
16.23
33.02
40.77
29.35
45.39
46.44
Profit Margin (%)
-3,454
-1,410
-6,292
13,339
41,608
218,962
282,005
203,904
265,181
180,178
185,562
54,262
126,142
95,054
92,732
106,991
106,777
Working Capital
- -
13,297
12,082
66,960
46,737
30,430
- -
36,562
144,136
166,410
159,851
37,784
30,334
20,817
10,468
38
4,892
LT Debt
278,866
248,868
249,837
282,662
285,105
445,270
672,709
681,892
675,493
627,467
625,183
635,698
651,998
669,319
679,665
694,737
696,983
Total Equity
- -
-0.23
0.5
- -
2.02
36.54
45.6
1.38
1.79
1.47
- -
2.27
2.6
2.38
1.46
1.97
3.32
Return on Invested Capital (%)
- -
-2.22
0.58
- -
3.21
4.24
40.18
1.48
0.93
0.46
- -
1.05
2.78
2.42
1.43
2
3.33
Return on Capital (%)
-2.97
-1.18
0.44
-3.4
1.11
30.21
57.35
1.5
0.96
0.44
-0.24
1.37
2.71
2.66
1.56
2.14
3.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
50,558
50,625
50,963
LT Borrowings
10,229
7,531
4,765
LT Finance Leases
239
181
127
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,400
6,400
6,400
Market Capitalization
3,488,000
1,945,600
2,227,200

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
177,130
169,578
169,315
Cash, Cash Equivalents & STI
1,969
1,798
1,413
Accounts Receivable, Net
- -
15
- -
Inventories
134,038
126,425
126,434
Total Current Liabilities
84,398
63,091
62,538
Payables & Accruals
- -
- -
- -
ST Debt
50,558
50,625
50,963
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.47%
2.13%
2.22%
Free Cash Flow
- -
41.85%
67.89%
Net Income, GAAP
-70.86%
-115.11%
40.25%
Sales/Revenue/Turnover
1.25%
-8.6%
-9.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,716
5,042
4,493
16,067
35,318
2025
32,026
- -
- -
- -
32,026
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
- -
- -
- -
1.62
2025
3.1
- -
- -
- -
2.27
2026
-0.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
PT Dafam Property Indonesia Tbk (DFAM.JK)
Landa App Llc - Membership Interests Series - 1750 Summerwoods Lane Fund (LSMWS)
Nirlon Limited (NIRLON.BO)
One Heritage Group PLC (OHG.L)
Cheuk Nang (Holdings) Limited (0131.HK)
Xinyuan Real Estate Co., Ltd. (XIN)
Business
PT Fortune Mate Indonesia Tbk engages primarily in real estate development and construction services in Indonesia, offering office and industrial properties such as FBI Park; residential developments including Palm Ville; and land parcels notably in Benowo, West Surabaya; along with ready-to-use land (lahan siap pakai) and related trading and professional services. Founded in 1989 and headquartered in Gedung Gozco, 3rd Floor, Jl. Raya Darmo No. 54-56, Surabaya, East Java, the company originally manufactured footwear in Sidoarjo before shifting to real estate in 2005, with operations focused on the Surabaya region and serving developers, businesses, and residential buyers through its subsidiaries PT Multi Bangun Sarana (99.67% owned, real estate development), PT Masterin Property (51% owned, real estate development), and PT Indosuryo Wahyupahala (99.99% owned, real estate activities). Recent developments include robust financial performance with nine-month sales reaching IDR 32.03 billion and net income of IDR 15.40 billion as of September 30, 2025, reflecting significant growth from prior year figures; a trading suspension lifted on January 30, 2025; and sustained project portfolio expansion amid strong quarterly earnings momentum into 2025.