PT Bekasi Fajar Industrial Estate Tbk

PT Bekasi Fajar Industrial Estate Tbk

IIDX:BEST
111.00
IDR
-2.00
(-1.77%)
17.45EPS
5.33P/E
897.20BMarket Cap
Oct 23Next 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
139.47
83.1
71.21
85.45
104.29
99.8
98.53
25.12
23.82
56.27
56.42
47.43
44.27
63.26
Basic EPS, GAAP
77.8
40.58
21.94
34.83
50.1
43.81
39.41
-11.94
-7.37
3.5
4.1
6.07
3.12
17.45
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.58
2.28
2.28
1.23
3.44
10
8.75
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
257.09
295.24
315.11
351.2
398.6
432.4
463.17
451.55
445.05
448.64
452.7
458.75
461.84
476.79
Tangible Book Value per Share
257.09
295.24
315.11
351.2
398.6
432.4
463.17
451.55
445.05
448.64
452.7
458.75
461.84
476.79
Basic Weighted Avg Shares
9,558
9,635
9,647
9,647
9,647
9,647
9,647
9,647
9,647
9,647
9,647
9,647
9,647
9,647
Sales/Revenue/Turnover
1,333,134
800,640
686,981
824,408
1,006,097
962,801
950,546
242,321
229,836
542,834
544,315
457,590
427,126
610,324
Operating Margin (%)
65.86
54.08
57.64
63.06
59.35
59.18
53.34
9.14
12.83
40.05
41.61
37.6
31.31
42.5
Depreciation Expense
4,781
5,801
6,274
5,593
7,037
6,347
6,856
9,865
10,053
10,105
9,073
8,548
5,484
6,672
Net Income, GAAP
743,624
390,960
211,624
335,973
483,332
422,616
380,178
-115,178
-71,054
33,750
39,528
58,588
30,081
168,348
Effective Tax Rate (%)
8.22
0.64
1.21
1.24
0.98
1.08
1.78
- -
- -
5.77
7.36
5.61
12.36
2.3
Profit Margin (%)
55.78
48.83
30.8
40.75
48.04
43.89
40
-47.53
-30.92
6.22
7.26
12.8
7.04
27.58
Working Capital
727,725
696,294
1,123,388
1,303,939
1,303,903
2,399,980
2,372,568
2,464,157
2,080,129
2,307,197
2,187,277
2,055,005
1,875,625
1,915,209
LT Debt
392,506
233,593
1,186,987
1,234,728
1,067,335
1,703,411
1,650,609
1,629,280
1,291,847
1,440,470
1,298,937
1,157,812
979,281
868,994
Total Equity
2,476,820
2,849,501
3,042,155
3,390,836
3,848,186
4,171,994
4,468,749
4,356,657
4,293,897
4,328,504
4,367,798
4,426,161
4,455,911
4,600,192
Return on Invested Capital (%)
32.15
14.67
10.02
10.71
11.26
10.41
8.07
- -
- -
3.46
3.56
2.83
2.08
4.51
Return on Capital (%)
29.85
12.51
7.7
9.48
11.91
9.84
8.78
- -
- -
2.72
3.51
2.9
2.07
4.43
Return on Common Equity (%)
35.03
14.69
7.19
10.45
13.36
10.54
8.8
-2.61
-1.64
0.78
0.91
1.33
0.68
3.74

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
183,812
193,003
202,193
LT Borrowings
979,281
924,138
868,994
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,647
9,647
9,647
Market Capitalization
1,070,852
1,012,968
897,200

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,229,240
2,230,386
2,207,141
Cash, Cash Equivalents & STI
349,884
371,049
409,506
Accounts Receivable, Net
121,292
124,515
134,839
Inventories
1,551,346
1,544,393
1,479,550
Total Current Liabilities
353,615
399,965
291,933
Payables & Accruals
- -
- -
- -
ST Debt
183,812
193,003
202,193
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.03%
0.46%
0.67%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-21.94%
-33.83%
-48.66%
Sales/Revenue/Turnover
7.07%
21.74%
-6.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
77,903
112,639
123,784
143,264
457,590
2025
45,460
48,855
- -
181,040
427,126
2026
89,516
290,913
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.92
2.05
2.15
2.79
6.07
2025
-3.44
-2.63
- -
5.12
3.12
2026
0.96
14
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Leo Yulianto Sutedja
Full Time Employees
218
Sector
Industrial services
Industry
Engineering & construction
Address
Jalan Sumatera Bekasi JB Indonesia 17520
IPO Date
Apr 10, 2012
Business
PT Bekasi Fajar Industrial Estate Tbk (BEST.JK), also known as BeFa, develops, operates, and manages world-class industrial estates primarily in Indonesia; its flagship project is MM2100 Industrial Town in Bekasi, West Java, offering ready-to-build industrial land lots, standard factory buildings, commercial buildings, modern logistic centers, and supporting infrastructure including water supply, wastewater treatment, property management, restaurants, hotels, and coffee shops. Founded on August 24, 1989, and headquartered at Kawasan Industri MM2100, Jl. Sumatera, Gandari, Cikarang Barat, Bekasi, West Java, the company serves domestic and international manufacturing, research, innovation, high-tech, data center, and logistics firms through segments encompassing industrial estate development and sales, leasing of production facilities, commercial estates, and ancillary services such as recreation and food and beverage operations. Geographically focused on Greater Jakarta (Jabodetabek), BeFa maintains international-standard facilities via joint ventures including PT Megalopolis Manunggal Industrial Development with Japan's Marubeni Corporation, PT Bekasi Surya Pratama, PT Bekasi Matra Industrial Estate, PT Best Sinar Nusantara for hotel development, and PT Daiwa Manunggal Logistik Properti with Daiwa House Industry Co. Ltd. In recent developments, the company commenced construction of the BEFA Industrial Hub in September 2025 within MM2100, featuring 48 units of multipurpose standard factory buildings for factories, light manufacturing, and warehousing on 10.5 hectares, with Phase 1 handover targeted for May 2026; it continues advancing a Data Center Cluster and additional standard factory buildings to meet high-tech demand, as highlighted in its FY2024 reports and 2025 public expose; through the MM2100 Peduli program, BeFa collaborated with PT Megalopolis Manunggal Industrial Development and 48 tenants to plant 26,058 to 27,800 mangrove trees in November 2025 at Pantai Bahagia, Muara Gembong, enhancing coastal resilience, carbon sequestration, and community support via school supplies.