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PT Equity Development Investment Tbk Class A

PT Equity Development Investment Tbk Class A

IIDX:GSMF
78.00
IDR
+3.00
(+4.00%)
1.27EPS
80.84P/E
1.17TMarket Cap
PT Equity Development Investment Tbk Class A
IDX:GSMF
(Indonesia Stock Exchange)

Recent

price

78.00

P/E

ratio

80.84

div

yld

0.45%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
144.53
136.29
146.64
149.81
164.35
151.64
114.81
114.72
112.34
122.17
105.91
166.16
116.46
83.02
55.62
62.82
46.82
Revenue per Share
5.23
7.5
8.14
9.63
11.28
10.01
8.36
6.78
5.42
3.64
1.7
0.77
1.28
-4.16
0.32
3.79
0.94
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.13
0.23
0.34
0.36
0.38
0.62
0.36
0.33
0.33
0.34
0.37
0.74
0.26
0.24
0.29
0.36
0.35
Dividend per Share
86.96
95.39
107.24
117.96
132.01
144.79
150.32
160.86
169.37
175.59
167.96
173.7
173.34
167.47
167.96
172.28
163.02
Book Value per Share
86.96
95.39
107.24
117.96
132.01
144.79
150.32
160.86
169.37
175.59
167.96
173.7
173.34
167.47
167.96
172.28
163.02
Tangible Book Value per Share
7,602
7,602
7,602
7,602
7,602
7,602
10,843
10,843
10,843
10,843
10,843
8,019
14,230
14,230
14,230
14,230
14,537
Basic Weighted Avg Shares
1,098,708
1,036,075
1,114,738
1,138,838
1,249,375
1,152,770
1,244,930
1,243,964
1,218,158
1,324,703
1,148,397
1,332,493
1,657,258
1,181,447
791,440
894,005
680,632
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
10,852
12,205
12,251
12,840
12,799
14,517
15,026
15,252
24,913
23,694
32,853
21,309
14,003
14,923
11,887
Depreciation Expense
39,721
57,015
61,892
73,194
85,787
76,080
90,631
73,512
58,726
39,440
18,462
6,168
18,175
-59,139
4,484
53,911
13,667
Net Income, GAAP
8.04
12.93
13.99
11.34
24.23
28.26
20.05
24.87
30.26
27.59
53.49
62.01
42.77
- -
33.69
3.13
11.43
Effective Tax Rate (%)
3.62
5.5
5.55
6.43
6.87
6.6
7.28
5.91
4.82
2.98
1.61
0.46
1.1
-5.01
0.57
6.03
2.01
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
51,090
142,874
333,877
493,826
427,359
426,497
423,685
523,611
493,255
448,758
336,213
371,397
82,212
530,411
432,723
476,110
LT Debt
579,029
632,898
713,037
808,691
897,220
982,813
1,313,716
1,408,295
1,485,692
1,539,568
1,481,947
2,589,474
2,584,663
2,500,815
2,508,625
2,568,124
2,635,481
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
6.34
8.16
7.62
8.14
8.91
8
8.22
5.81
4.25
3.39
1.87
0.8
2.3
- -
1.17
3.1
1.55
Return on Capital (%)
8.15
10.63
10.39
11.05
11.67
9.35
8.75
5.83
4.39
2.82
1.33
0.32
0.74
-2.44
0.19
2.23
0.55
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
418,785
439,346
465,012
LT Finance Leases
13,938
12,744
11,098
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14,230
14,230
15,457
Market Capitalization
1,565,344
1,465,731
1,174,718

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
636,234
718,475
909,625
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.02%
14.8%
2.37%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
59.15%
139.48%
1,102.3%
Sales/Revenue/Turnover
-0.71%
-1.67%
12.96%
Total Cash Common Dividend
- -
9.97%
25.8%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
310,186
256,600
300,504
308,717
791,440
2025
276,648
333,778
337,163
-38,575
894,005
2026
326,688
55,356
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
-0.84
2.09
-0.1
0.32
2025
-1.03
1.78
1.57
0.89
3.79
2026
-0.02
-1.36
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.29
2025
- -
- -
0.36
- -
0.36
2026
- -
- -
- -
- -
- -
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Business
PT Equity Development Investment Tbk (GSMF.JK) is an Indonesia-based holding company primarily engaged in equity investment activities, management consulting services, and equity participation through its subsidiaries; it operates across diversified financial segments including insurance, financing, securities and stock administration, as well as travel services and venture capital. The company offers a broad range of products and services such as general insurance covering fire, motor vehicles, accident, marine hull, engineering, and marine cargo; life insurance encompassing whole life, term insurance, health assurance, unitised pensions, unit link, pure endowment pensions, mortgage reduction term allowance, and combined endowments, along with reinsurance; financial leasing, consumer financing, and factoring through PT Equity Finance Indonesia; brokerage, underwriting, investment management, and advisory services via PT Equity Sekuritas Indonesia; life insurance, health insurance, and pension funds from PT Equity Life Indonesia; general insurance through PT Asuransi Dayin Mitra Tbk; and additional offerings like venture capital via PT Ventura Investasi Utama, travel services by PT Lintas Dunia Travelindo, stock administration, insurance brokerage, and mutual funds. Founded in 1982 and headquartered at Wisma Hayam Wuruk, 3rd Floor, Jl. Hayam Wuruk No. 8, Central Jakarta, Indonesia, the company, formerly known as PT Gajah Surya Arta Leasing, listed on the Indonesia Stock Exchange in October 1989 following commercial operations starting in 1985 and diversified into financial services via acquisitions since 1994; it serves domestic markets as a subsidiary of Equity Global International Limited with approximately 764 employees. Recent developments include reporting earnings for the half-year ended June 30, 2025, and nine months ended September 30, 2024, alongside an annual general meeting in June 2025, reflecting ongoing operational focus amid a market capitalization of around IDR 739.981 million to 1.24 trillion and revenue of IDR 1.19 trillion (TTM).