PT Jasa Marga (Persero) Tbk Class B

PT Jasa Marga (Persero) Tbk Class B

0.11
EUR
0.00
(0.00%)
958.04MMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,506.98
1,345.94
1,448.27
2,442.57
4,835.05
5,094.34
3,629.89
1,888.16
2,090.08
2,284.81
2,937.31
4,375.38
4,118.32
- -
Basic EPS, GAAP
150.77
208.59
215.64
259.59
303.15
303.48
304.1
69.03
222.56
378.47
936.03
624.56
504.22
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
94.02
78.8
72.24
42.99
78.09
60.63
45.52
15.21
- -
0.02
76.48
37.86
156.23
-81.33
Book Value per Share
1,266.11
1,387.95
1,528.55
1,884.73
2,080.18
2,329.68
2,574.13
2,628.11
2,839.1
3,007.16
3,841.97
4,689.19
5,009.13
5,116.49
Tangible Book Value per Share
-2,056.39
-2,450.25
-2,707.31
-3,206.44
-5,659.37
-6,424.49
-8,281.56
-8,894.5
-8,190.85
-6,244.32
-12,335.24
-13,524.61
-14,440.55
-14,576.22
Basic Weighted Avg Shares
6,816
6,816
6,800
6,821
7,258
7,258
7,258
7,258
7,258
7,258
7,258
7,258
7,258
7,258
Sales/Revenue/Turnover
10,271,468
9,173,817
9,848,242
16,661,403
35,092,196
36,974,076
26,345,260
13,704,021
15,169,552
16,582,849
21,318,605
31,755,916
29,890,247
- -
Operating Margin (%)
19.84
30.58
32.4
23.21
11.71
11.64
18.61
29.32
39.14
30.18
32.54
27.69
30.7
- -
Depreciation Expense
32,607
49,161
61,077
81,562
86,632
84,167
97,863
154,698
115,364
118,917
117,155
107,009
112,253
- -
Net Income, GAAP
1,027,661
1,421,729
1,466,382
1,770,726
2,200,256
2,202,602
2,207,117
501,047
1,615,281
2,746,884
6,793,551
4,533,007
3,659,535
- -
Effective Tax Rate (%)
29.13
33.16
36.22
31.95
35.59
36.56
33.05
105.98
57.96
37.63
14.85
2.74
24.34
- -
Profit Margin (%)
10.01
15.5
14.89
10.63
6.27
5.96
8.38
3.66
10.65
16.56
31.87
14.27
12.24
- -
Working Capital
-1,082,501
-755,225
-3,814,365
-5,662,005
-6,010,875
-19,451,479
-29,913,851
-4,222,692
-1,652,707
229,224
-16,527,562
-14,368,654
-6,727,185
-9,978,903
LT Debt
10,511,699
12,663,750
11,996,196
15,152,607
29,131,848
26,533,629
28,140,680
57,701,849
57,613,013
47,874,627
60,374,061
59,048,396
71,438,927
69,383,887
Total Equity
10,189,313
11,020,729
12,368,664
16,338,840
18,359,440
20,198,989
23,185,737
24,775,615
25,500,315
25,621,389
39,727,834
58,833,241
62,361,717
63,230,189
Return on Invested Capital (%)
7.48
8.7
8.32
8.08
6.46
6.56
6.53
-0.34
3.2
5.57
10.21
7.81
5.54
- -
Return on Capital (%)
8.47
10.33
9.49
7.71
6.75
6.73
6.19
1.11
4.67
6.35
10.12
5.91
3.97
- -
Return on Common Equity (%)
11.92
15.72
14.75
14.7
15.29
13.76
12.4
2.65
8.14
12.95
27.33
14.64
10.4
- -

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,767,875
3,705,388
8,694,782
LT Borrowings
71,336,930
71,538,125
69,292,111
LT Finance Leases
101,997
93,498
91,776
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,258
7,258
7,258
Market Capitalization
22,033,809
22,669,173
19,654,411

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,268,670
8,681,120
10,150,282
Cash, Cash Equivalents & STI
6,775,371
5,837,251
7,106,110
Accounts Receivable, Net
- -
- -
- -
Inventories
167,233
172,345
180,523
Total Current Liabilities
15,995,855
14,960,733
20,129,185
Payables & Accruals
- -
- -
- -
ST Debt
3,767,875
3,705,388
8,694,782
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.87%
22.51%
6%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
35.52%
77.44%
-19.27%
Sales/Revenue/Turnover
20.01%
18.33%
-5.88%
Total Cash Common Dividend
- -
- -
312.61%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,049,430
7,027,890
7,293,649
8,336,862
31,755,916
2025
7,019,428
6,482,427
- -
8,806,905
29,890,247
2026
6,448,145
6,663,186
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
85.49
242.65
131.36
170.18
624.56
2025
127.81
130.02
- -
128.27
504.22
2026
106.73
156.31
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
39.19
0.05
19.25
37.86
2025
- -
- -
- -
-81.33
156.23
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rivan Achmad Purwantono
Full Time Employees
7,833
Sector
Transportation
Industry
Other transportation
Address
Plaza Tol Taman Mini Indonesia Indah Jakarta JK Indonesia 13550
IPO Date
Nov 12, 2007
Business
PT Jasa Marga (Persero) Tbk is Indonesia's largest state-controlled toll road operator specializing in the development, construction, operation, management, and maintenance of toll roads and related facilities. Its core products and services include toll road concessions with approximately 1,736 kilometers under operation; maintenance services for toll roads totaling around 1,160 kilometers; management of 27 rest areas; building management; advertising and land rental along toll corridors; and development of Transit Oriented Development (TOD) and Toll Corridor Development (TCD) projects. The company also engages in road construction services and manages toll road equipment and vehicle rentals. Headquartered in Jakarta and founded in 1978, PT Jasa Marga operates in multiple regions across Indonesia, managing directly 13 mature toll roads and 23 new toll roads, along with additional subsidiaries operating other toll concessions. Recent major developments include the reconsolidation of three Trans-Java toll roads (Semarang-Batang, Solo-Ngawi, and Ngawi-Kertosono) after exercising a buyback option in July 2023, which has positively contributed to revenue growth. The company implemented tariff adjustments on several toll road segments in 2023 and continued with further scheduled tariff adjustments in 2024 to optimize revenue. In addition, PT Jasa Marga launched the JSMR MOVE corporate culture initiative in late 2025 to enhance customer satisfaction and operational innovation. The company also reported expansion efforts in building infrastructure and rest area management, as well as ongoing efforts to improve efficiency amidst rising operational costs and interest expenses. PT Jasa Marga targets conservative revenue growth of 6%-8% year-on-year with a focus on maintaining positive EBITDA and strengthening financial ratios for sustainable operations. PT Jasa Marga plays a central role in Indonesia's infrastructure sector, holding about 73-75% market share of toll operations nationwide, making it a dominant player in toll road infrastructure, facilitating connectivity and economic growth across the archipelago. It is listed on the Indonesia Stock Exchange under the ticker JSMR and continues strategic business expansions including land use development within toll areas and growing its service portfolio beyond toll road operation.