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PT Forza Land Indonesia Tbk

PT Forza Land Indonesia Tbk

FORZ.JK
PT Forza Land Indonesia TbkID flagIndonesia Stock Exchange
50.00
IDR
- -
- -
99.20BMarket Cap
PT Forza Land Indonesia Tbk
FORZ.JK
(Indonesia Stock Exchange)

Recent

price

50.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
TTM
FRC
- -
6.93
29.55
80.63
63.26
56.22
38.59
31.97
30.98
Revenue per Share
-0.15
-7.64
1.98
16.95
5
5.37
1.2
0.69
6.36
Basic EPS, GAAP
- -
- -
-0.09
-0.05
- -
-0.27
-0.18
-0.31
-0.14
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.45
-5.76
-3.78
13.21
96.74
120.61
123.12
129.96
122.23
Book Value per Share
1.45
-5.07
-15.03
-16.06
67.11
108.52
145.8
154.77
145.03
Tangible Book Value per Share
1,562
1,562
1,562
1,577
1,562
1,583
1,902
1,820
1,982
Basic Weighted Avg Shares
- -
10,821
46,166
127,147
98,851
88,990
73,417
58,205
61,400
Sales/Revenue/Turnover
- -
-76.75
-23.99
5.98
9.12
8.47
3.13
1.58
9.53
Operating Margin (%)
- -
- -
568
673
455
338
370
267
195
Depreciation Expense
-238
-11,935
3,098
26,733
7,820
8,501
2,275
1,256
12,602
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-110.3
6.71
21.02
7.91
9.55
3.1
2.16
20.52
Profit Margin (%)
2,270
95,417
194,656
237,910
149,158
452,769
537,041
291,416
264,891
Working Capital
- -
- -
50,000
56,834
- -
275,000
275,000
- -
- -
LT Debt
2,270
-7,923
-23,492
-25,328
104,861
175,847
281,450
285,831
291,533
Total Equity
- -
- -
- -
- -
6.13
2.27
0.45
0.19
1.26
Return on Invested Capital (%)
- -
- -
- -
- -
4.3
2.39
0.47
0.29
3.08
Return on Capital (%)
- -
- -
- -
- -
9.09
4.97
1.07
0.53
5.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'20
Jun'20
Sep'20
ST Debt
70,705
70,705
70,705
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,984
1,984
1,984
Market Capitalization
99,102
99,102
99,102

Working Capital

FRC

•

in mil. unless spec.
Mar'20
Jun'20
Sep'20
Total Current Assets
488,374
483,417
483,600
Cash, Cash Equivalents & STI
2,243
2,154
2,099
Accounts Receivable, Net
71,920
71,920
73,920
Inventories
402,649
397,789
396,027
Total Current Liabilities
223,337
218,424
218,709
Payables & Accruals
- -
- -
- -
ST Debt
70,705
70,705
70,705
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-75.38%
1.56%
Free Cash Flow
- -
1,255.73%
62.81%
Net Income, GAAP
- -
116.54%
-44.79%
Sales/Revenue/Turnover
- -
20.99%
-20.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
9,164
30,237
15,742
18,274
73,417
2019
1,661
- -
6,544
50,000
58,205
2020
4,400
5,000
2,000
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
-2.01
- -
- -
- -
1.2
2019
-1.05
- -
- -
- -
0.69
2020
2.58
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -
2020
- -
- -
- -
- -
- -
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Business
PT Forza Land Indonesia Tbk (FORZ.JK) is an Indonesia-based property developer engaged in real estate development, management, and trading. The company develops industrial estates, apartment buildings, condominiums, offices, shops and facilities, and other residential projects; it also provides property management services through subsidiaries including PT Forza Aset Manajemen, PT Forza Properti Sutera, PT Forza Properti Serpong, PT Forza Properti Bedugul, PT Forza Properti Uluwatu, and Forzaland Bali. Forza Land Indonesia operates primarily within the Indonesian market, targeting industrial, commercial, and residential customers, with a focus on the properties and real estate sector. Founded in 2012 as PT Megah Satu Properti and headquartered at Wisma 77, Tower 1, 8th Floor, Jl. Letjen S. Parman Kav. 77, West Jakarta, DKI Jakarta 11410, Indonesia, the company changed its name to PT Forza Land Indonesia Tbk in 2016 and listed on the Indonesia Stock Exchange in 2017. It is a subsidiary of PT Forza Indonesia, which holds a 68.16% stake, alongside significant ownership by Freddy Setiawan at 8.00%. In recent developments, the company's shares faced suspension from trading starting October 6, 2023, followed by delisting from the Indonesia Stock Exchange on July 21, 2025, marking a significant operational shift amid stagnant market activity and zero trading volume reported as of late 2023. No major partnerships, acquisitions, funding rounds, or new product launches have been publicly announced within the last 1-2 years.