PT Budi Starch & Sweetener Tbk

PT Budi Starch & Sweetener Tbk

IIDX:BUDI
214.00
IDR
+4.00
(+1.90%)
38.03EPS
5.58P/E
916.22BMarket Cap

Total Valuation

IDR

As of June 30, 2026, PT Budi Starch & Sweetener Tbk carries a market capitalization of 916.22B, placing it among publicly traded companies globally. Its enterprise value stands at 2.86T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap916.22B
Enterprise Value2.86T

Share Statistics

As of June 30, 2026, PT Budi Starch & Sweetener Tbk has 4.49B shares outstanding.

Shares Outstanding4.49B

Valuation Ratios

As of June 30, 2026, PT Budi Starch & Sweetener Tbk trades at a trailing price-to-earnings ratio of 5.58. The price-to-sales ratio is 0.23, and the price-to-book ratio stands at 0.56.

PE Ratio5.58
PS Ratio0.23
PB Ratio0.56
P/TBV Ratio0.56

Enterprise Valuation

As of June 30, 2026, PT Budi Starch & Sweetener Tbk trades at an EV/EBITDA multiple of 8.80 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.73 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 9.88 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 2.86T versus a market cap of 916.22B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.73
EV / EBITDA8.80
EV / EBIT9.88

Financial Position

As of June 30, 2026, PT Budi Starch & Sweetener Tbk maintains a current ratio of 1.66, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 118.68, indicating elevated leverage, while an interest coverage ratio of 1.96 demonstrates limited ability to service its debt obligations.

Current Ratio1.66
Quick Ratio0.18
Debt / Equity118.68
Debt / EBITDA6.46
Interest Coverage1.96

Financial Efficiency

IDR

Over the twelve months ended June 30, 2026, PT Budi Starch & Sweetener Tbk posted a return on equity (ROE) of 10.49, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.68 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.00, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 8.06, useful for judging operating efficiency across full business cycles. The company generates approximately 1.11B in revenue per employee across its workforce of 3,561.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.12 indicates how many times PT Budi Starch & Sweetener Tbk sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)10.49
Return on Assets (ROA)4.00
Return on Invested Capital (ROIC)6.68
Return on Capital Employed (ROCE)8.06
Revenue Per Employee1.11B
Employee Count3,561.00
Inventory Turnover4.12

Taxes

IDR

Over the twelve months ended June 30, 2026, PT Budi Starch & Sweetener Tbk recorded 26.43B in income tax expense. That works out to an effective tax rate of 13.40, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 197.25B, leaving 164.15B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax26.43B
Effective Tax Rate13.40

Stock Price Statistics

IDR

As of the close on October 23, 2026, PT Budi Starch & Sweetener Tbk's stock has gained approximately 0.00% over the past 52 weeks. The 50-day moving average sits at 222.90, while the 200-day moving average is 214.65.

50-Day Moving Average222.90
200-Day Moving Average214.65

Income Statement

IDR

Over the twelve months ended June 30, 2026, PT Budi Starch & Sweetener Tbk generated 3.94T in revenue and converted that into 164.15B in net income, yielding earnings per share of 38.03. EBITDA reached 324.86B, while operating income came in at 289.65B.

Revenue3.94T
Gross Profit562.97B
Operating Income289.65B
Pretax Income197.25B
Net Income164.15B
EBITDA324.86B
EBIT289.32B
Earnings Per Share (EPS)38.03

Balance Sheet

IDR

As of June 30, 2026, PT Budi Starch & Sweetener Tbk holds 299.75B in cash and equivalents against 2.10T in total debt, resulting in a net debt position of 1.80T. Total book value stands at 1.63T, with working capital of 1.10T providing operational flexibility.

Cash & Cash Equivalents299.75B
Total Debt2.10T
Net Debt1.80T
Equity (Book Value)1.63T
Book Value Per Share362.06
Working Capital1.10T

Cash Flow

IDR

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-191.28B

Margins

Over the twelve months ended June 30, 2026, PT Budi Starch & Sweetener Tbk posted a gross margin of 14.31, reflecting its pricing power and cost economics. The operating margin of 7.36 and net profit margin of 4.17 provide insight into operational efficiency.

Gross Margin14.31
Operating Margin7.36
Pretax Margin5.01
Profit Margin4.17
EBITDA Margin8.25

Dividends & Yields

IDR

Over the twelve months ended June 30, 2026, PT Budi Starch & Sweetener Tbk paid dividends of 7.00 per share. The dividend payout ratio of 17.71 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield is negative at -9.85, meaning PT Budi Starch & Sweetener Tbk raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share7.00
Payout Ratio17.71
Shareholder Yield-9.85

Stock Splits

PT Budi Starch & Sweetener Tbk's most recent stock split took place on July 5, 2007 with a 131:213 split ratio.

Last Split Date7/5/2007
Split Ratio131:213

Scores

As of June 30, 2026, PT Budi Starch & Sweetener Tbk has an Altman Z-Score of 1.90, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.90