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PT Japfa Comfeed Indonesia Tbk Class A

PT Japfa Comfeed Indonesia Tbk Class A

IIDX:JPFA
1,820.00
IDR
+40.00
(+2.25%)
424.16EPS
4.90P/E
22.77TMarket Cap
Nov 02Next Earn
PT Japfa Comfeed Indonesia Tbk Class A
IDX:JPFA
(Indonesia Stock Exchange)

Recent

price

1,820.00

P/E

ratio

4.90

div

yld

0.23%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
1,347.26
1,509.18
1,698.44
2,012.38
2,298.72
2,351.73
2,470.93
2,599.88
3,128.05
3,317.05
3,164.19
3,857.38
4,214.35
4,401.22
4,798.97
5,221.67
5,676.66
Revenue per Share
105.35
59.57
94.45
55.94
31.89
44.01
188.51
81.96
187.19
150.63
78.47
173.85
122.19
79.96
259.63
344.35
397
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
1
73
15.2
20
10
- -
21.88
47.07
104.12
54.47
22.12
42.02
62.39
49.97
70.43
74.15
4.14
Dividend per Share
296.78
320.31
408.7
440.14
446.86
527.42
689.64
711.11
866.96
957.48
915.95
1,052.76
1,097.05
1,137.48
1,331.04
1,605.12
1,693.54
Book Value per Share
296.29
313.55
402.12
433.56
440.27
520.83
680.36
702.55
854.97
940.33
900.25
1,036.31
1,080.51
1,121.95
1,319.26
1,594.23
1,681.88
Tangible Book Value per Share
10,359
10,359
10,499
10,640
10,640
10,640
10,953
11,386
11,582
11,719
11,682
11,634
11,620
11,628
11,628
11,628
11,647
Basic Weighted Avg Shares
13,955,792
15,633,068
17,832,702
21,412,085
24,458,880
25,022,913
27,063,310
29,602,688
36,228,261
38,872,084
36,964,948
44,878,300
48,972,085
51,175,898
55,800,849
60,715,806
66,115,872
Sales/Revenue/Turnover
11.29
7.16
9.45
8.49
5.33
6.98
10.71
6.97
9.5
7.64
6.35
7.33
5.26
3.97
8.92
9.76
10.26
Operating Margin (%)
- -
61,623
71,846
86,874
99,268
114,007
119,427
209,480
335,317
312,789
272,246
279,000
249,736
220,403
241,648
325,321
367,424
Depreciation Expense
1,091,279
617,054
991,659
595,248
339,341
468,230
2,064,650
933,169
2,167,961
1,765,178
916,711
2,022,596
1,419,855
929,716
3,018,892
4,003,999
4,623,852
Net Income, GAAP
24.05
23.02
21.27
28.5
28.93
24.82
21.51
39
28.44
28.08
27.23
23.73
23.72
25
24.26
21.93
21.92
Effective Tax Rate (%)
7.82
3.95
5.56
2.78
1.39
1.87
7.63
3.15
5.98
4.54
2.48
4.51
2.9
1.82
5.41
6.59
6.99
Profit Margin (%)
2,748,500
1,832,309
2,905,609
4,643,124
3,792,870
4,251,484
5,561,954
6,419,685
5,645,283
5,131,190
5,737,459
7,096,987
7,589,028
6,534,261
7,873,698
4,858,711
8,086,208
Working Capital
1,360,430
919,156
2,105,753
4,649,948
4,745,561
4,761,070
3,609,090
5,272,376
5,166,098
5,674,273
6,819,400
7,140,524
8,430,453
7,926,622
7,470,779
2,090,345
5,954,557
LT Debt
3,486,867
3,785,347
4,763,327
5,175,547
5,179,545
6,109,692
8,364,057
8,662,040
10,765,677
11,896,814
11,411,970
13,102,710
13,654,777
14,167,212
16,572,522
20,018,957
21,334,052
Total Equity
22.05
12.91
15.92
11.62
7.21
10.19
18.16
9.37
15.75
11.25
8.87
12.48
8.4
6.19
14.17
16.33
16.63
Return on Invested Capital (%)
26.14
12.55
14.93
8.21
6.19
7.29
17.36
7.67
15
11.08
6.99
11.36
7.49
5.93
12.7
14.48
14.99
Return on Capital (%)
42.17
19.31
25.87
13.18
7.19
9.03
30.66
11.7
23.75
16.51
8.37
17.66
11.37
7.16
21.04
23.46
25.73
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,771,736
3,554,292
10,310,772
LT Borrowings
2,035,966
4,565,690
5,865,373
LT Finance Leases
54,379
88,014
89,184
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,628
11,628
11,705
Market Capitalization
30,464,495
27,325,024
22,765,974

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,376,175
20,010,798
24,480,974
Cash, Cash Equivalents & STI
3,553,088
1,853,087
2,600,608
Accounts Receivable, Net
3,126,408
3,386,858
3,728,010
Inventories
13,398,833
14,126,501
16,368,738
Total Current Liabilities
16,517,464
11,198,769
16,394,766
Payables & Accruals
- -
- -
- -
ST Debt
9,771,736
3,554,292
10,310,772
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.17%
12.11%
20.8%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
66.55%
62.73%
32.63%
Sales/Revenue/Turnover
9.52%
10.58%
8.81%
Total Cash Common Dividend
- -
32.78%
5.28%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,925,495
13,723,020
13,631,420
14,520,914
55,800,849
2025
14,332,271
13,149,320
- -
17,611,425
60,715,806
2026
17,714,001
17,641,126
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57.18
70.05
53.03
79.38
259.63
2025
58.52
47.8
- -
136.97
344.35
2026
156.21
56.3
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
70.43
2025
- -
- -
- -
4.15
74.15
2026
- -
- -
- -
- -
- -
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Business
PT Japfa Comfeed Indonesia Tbk (JPFA.JK) operates as an integrated agribusiness and food company in Indonesia, focusing on animal feed production, poultry breeding and commercial farming, aquaculture, beef cattle farming, and consumer product processing. The company manufactures premium poultry feed, aquaculture feed, day-old chicks (DOC) for broilers, layers and pullets under brands such as Comfeed and Benefeed; live broilers, processed chicken products including Best Chicken and Tora-Tora; beef cattle breeding, fattening, slaughtering and value-added meat such as Tokusen Wagyu Beef; shrimp and fish hatchery, grow-out farming, seafood processing, and eels; as well as animal health products like Vaqsimune vaccines, farm supplies, livestock equipment, and technical support services. It serves poultry farmers, commercial farms, aquaculture operators, beef producers, B2B clients and B2C consumers through its upstream-to-downstream operations, with products marketed primarily in Indonesia and select exports to Asia, Europe and the United States. Founded in 1971 and headquartered in Jakarta, Indonesia, PT Japfa Comfeed Indonesia Tbk functions as a subsidiary of Japfa Ltd, which is listed on the Singapore Stock Exchange, and maintains listings on the Indonesia Stock Exchange since 1989. Its key subsidiaries include PT Suri Tani Pemuka for integrated aquaculture since 1987, PT Santosa Agrindo (Santori) for beef cattle operations, and Japfa Food for downstream consumer goods. The company operates extensive feed mills, hatcheries, farms, slaughterhouses and processing facilities across Indonesia, positioning it as one of the largest players in the domestic poultry solutions, aquaculture and beef sectors. In recent developments, the company expanded animal feed capacity in Makassar, developed aquaculture feed production in Lamongan, and strengthened downstream integration via a new poultry slaughterhouse in Pemalang during 2025 to bolster its national market position. It reported revenue growth of 4.4% year-over-year to IDR43.1 trillion and net profit growth of 17.3% to IDR2.63 trillion for the first nine months of 2025, driven by sales increases across all segments particularly in poultry processing and consumer products. Additional initiatives include partnerships such as with PKGK UI and Edufarmers Foundation for child nutrition studies in 2024, a breakthrough in tropical eel reproduction by its Aquaculture Research Center, and vaccination programs against foot-and-mouth disease by Santori in early 2025.