PT Metropolitan Land Tbk

PT Metropolitan Land Tbk

IIDX:MTLA
715.00
IDR
+5.00
(+0.70%)
71.86EPS
9.37P/E
4.52TMarket Cap
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
111.69
147.47
143.15
149.36
165.07
180.13
183.38
145.09
156.64
180.9
222.73
263.98
232.59
249.85
Basic EPS, GAAP
31.51
35.39
28.16
35.45
59
62.93
63.62
35.57
48.6
51.64
54.55
61.3
53.94
62.98
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
5.32
6.5
4.48
3.2
5.3
8.8
9.4
6.3
7.11
8.5
10.3
10.91
11.25
- -
Book Value per Share
224.37
252.29
275.65
306.96
358.9
413.56
467.18
495.02
536.88
579.62
623.59
674.21
716.56
728.89
Tangible Book Value per Share
224.37
252.29
275.65
306.96
358.9
413.56
467.18
495.02
536.88
579.62
623.59
674.21
716.56
728.89
Basic Weighted Avg Shares
7,655
7,579
7,609
7,655
7,655
7,655
7,655
7,655
7,655
7,655
7,655
7,655
7,655
7,655
Sales/Revenue/Turnover
854,974
1,117,732
1,089,218
1,143,372
1,263,595
1,378,862
1,403,758
1,110,650
1,199,074
1,384,828
1,704,996
2,020,780
1,780,476
1,912,637
Operating Margin (%)
34.44
38.36
33.94
40.35
52.62
38.64
33
28.32
29.26
32.13
32.51
28.43
30.94
32.03
Depreciation Expense
5,072
6,273
6,932
9,731
11,161
10,959
13,343
12,021
9,438
8,643
6,111
8,978
10,121
11,330
Net Income, GAAP
241,215
268,224
214,270
271,342
451,678
481,703
486,973
272,299
372,017
395,310
417,602
469,250
412,930
482,128
Effective Tax Rate (%)
17.44
1.94
0.84
1.67
0.41
0.21
0.58
0.05
0.55
0.36
1.33
1.01
0.2
0.08
Profit Margin (%)
28.21
24
19.67
23.73
35.75
34.93
34.69
24.52
31.03
28.55
24.49
23.22
23.19
25.21
Working Capital
820,688
1,095,612
1,145,232
1,335,242
1,580,577
1,873,696
2,182,859
2,003,327
1,995,108
2,368,761
2,455,403
2,890,122
3,147,248
3,043,524
LT Debt
365,264
415,659
482,559
503,736
627,024
701,341
805,780
501,588
482,959
425,835
414,369
390,772
721,728
668,971
Total Equity
1,763,499
2,030,932
2,213,217
2,502,403
2,999,352
3,438,763
3,849,851
4,076,937
4,406,174
4,754,672
5,149,142
5,589,905
6,002,797
6,092,037
Return on Invested Capital (%)
11.5
15.78
12.03
13.4
16.9
12.05
9.36
6
6.6
8.01
9.26
8.97
7.97
8.74
Return on Capital (%)
12.58
11.16
8.96
9.28
10.85
12.21
10.79
5.42
7.19
6.9
5.88
6.5
4.74
5.98
Return on Common Equity (%)
14.92
14.7
10.6
12.17
17.72
16.29
14.45
7.39
9.42
9.25
9.07
9.45
7.76
8.91

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
460,076
579,424
604,017
LT Borrowings
711,948
633,241
660,467
LT Finance Leases
9,780
10,314
8,504
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,655
7,655
7,655
Market Capitalization
4,822,730
4,937,556
4,516,525

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,256,808
4,323,217
4,458,068
Cash, Cash Equivalents & STI
637,415
502,328
617,359
Accounts Receivable, Net
214,894
326,150
233,392
Inventories
3,276,547
3,348,446
3,453,584
Total Current Liabilities
1,109,560
1,324,974
1,414,544
Payables & Accruals
- -
- -
- -
ST Debt
460,076
579,424
604,017
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.57%
8.05%
7.39%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
10.57%
9.78%
-12%
Sales/Revenue/Turnover
5.87%
10.64%
-11.89%
Total Cash Common Dividend
14%
12.53%
3.12%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
366,467
468,996
469,639
715,678
2,020,780
2025
365,503
471,520
- -
649,434
1,780,476
2026
362,146
429,537
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.11
15.08
16.8
20.3
61.3
2025
9.84
17.37
- -
23.58
53.94
2026
8.12
13.91
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10.91
2025
- -
- -
- -
- -
11.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Anhar Sudradjat
Full Time Employees
471
Sector
Finance
Industry
Real estate development
Address
M-Gold Tower Office Wing Bekasi JB Indonesia 17148
IPO Date
Jun 13, 2011
Business
PT Metropolitan Land Tbk (MTLA.JK) is an integrated property developer engaged in real estate development, property management, and related services in Indonesia. The company develops and sells residential properties, including apartments, condominiums, and landed houses; commercial properties such as office buildings, retail malls, and hotels; and industrial estates with supporting infrastructure. It also provides property management services, leasing of commercial spaces, and hospitality operations through its hotel brands. Founded in 1992 and headquartered in Jakarta, Indonesia, Metropolitan Land operates primarily in key urban areas across Java, including Jakarta, Tangerang, Bekasi, and Bandung, targeting middle to upper-middle income homebuyers, corporate tenants, and retail consumers. The company manages a portfolio of established projects like Pantai Indah Kapuk (PIK) Avenue, Metro Studio, and Lippo Cikarang, with subsidiaries focused on specific segments such as residential sales and facility management. Its business segments encompass development, leasing, and hotel divisions, supported by strategic land banks for future expansions. In recent developments, the company announced expansions in its industrial park offerings in 2024, including new phases in Bekasi Industrial Park with enhanced logistics facilities; formed a strategic partnership with local infrastructure firms for sustainable urban developments in 2025; and completed the acquisition of additional land parcels in Greater Jakarta to bolster residential inventory amid rising demand. These moves reflect ongoing efforts to diversify into green-certified properties and mixed-use townships, aligning with Indonesia's urbanization trends. No major name changes or reorganizations have occurred in the last two years.