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PT Rig Tenders Indonesia Tbk

PT Rig Tenders Indonesia Tbk

IIDX:RIGS
590.00
IDR
+25.00
(+4.42%)
141.85EPS
4.93P/E
426.39BMarket Cap
PT Rig Tenders Indonesia Tbk
IDX:RIGS
(Indonesia Stock Exchange)

Recent

price

590.00

P/E

ratio

4.93

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2021
2022
2023
2024
2025
TTM
IDR
13,731,032.28
12,977,793.4
- -
12,010,971.49
8,545,089.04
6,217,978.09
7,271,375.61
9,405,544.41
403.06
507.9
560.98
571.29
600.69
540.4
Revenue per Share
924,931.6
-468,251.1
- -
-596,806.73
-3,513,638.92
-3,801,200.53
-4,375,003.92
-2,835,516.37
-115.57
58.78
102.63
129.66
157.02
141.85
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
1,832,597.07
- -
- -
18,841.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
15,280,428.05
23,920,494.39
- -
25,528,545.26
22,692,491.54
19,128,665.98
16,059,453.91
14,381,695.36
928.47
1,012.49
1,114.89
1,244.73
1,401.97
1,492.55
Book Value per Share
15,280,428.05
23,920,494.39
- -
25,528,545.26
22,692,491.54
19,128,665.98
16,059,453.91
14,381,695.36
928.47
1,012.49
1,114.89
1,244.73
1,401.97
1,492.55
Tangible Book Value per Share
609
609
609
609
609
609
609
609
609
609
609
609
609
609
Basic Weighted Avg Shares
8,363,983,695
7,905,163,292
- -
7,316,243,065
5,205,070,088
3,787,556,997
4,429,213,023
5,729,199,264
245,515
309,380
341,707
347,990
365,898
329,176
Sales/Revenue/Turnover
12.81
0.08
- -
1.33
-24.37
-38.84
-25.51
-27.48
-27.94
11.11
18.14
22.8
23.52
22
Operating Margin (%)
19,909,588
36,367,011
- -
33,855,069
24,146,426
11,066,605
5,206,087
1,141,724
29
156
274
670
757
834
Depreciation Expense
563,403,583
-285,225,791
- -
-363,532,886
-2,140,262,876
-2,315,425,281
-2,664,946,138
-1,727,198,087
-70,398
35,805
62,512
78,977
95,645
86,405
Net Income, GAAP
16.66
- -
- -
- -
- -
- -
- -
- -
- -
1.18
- -
- -
5.26
5.45
Effective Tax Rate (%)
6.74
-3.61
- -
-4.97
-41.12
-61.13
-60.17
-30.15
-28.67
11.57
18.29
22.7
26.14
26.25
Profit Margin (%)
2,219,993,170
2,402,027,159
- -
2,617,294,223
955,985,583
-2,890,934,531
-2,498,356,828
-188,591,326
113,124
164,998
247,495
352,464
459,094
548,604
Working Capital
526,487,412
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
303
89
LT Debt
9,307,767,140
14,570,690,751
- -
15,550,202,775
13,822,677,370
11,651,844,310
9,782,295,158
8,760,322,095
565,559
616,736
679,112
758,203
853,979
909,160
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.07
9.65
10.02
10.64
8.32
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.08
9.73
10.99
11.86
9.98
Return on Capital (%)
- -
-2.39
- -
- -
-14.57
-18.18
-24.87
-18.63
- -
6.06
9.65
10.99
11.87
9.98
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
270
273
277
LT Borrowings
- -
- -
- -
LT Finance Leases
231
161
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
609
609
609
Market Capitalization
517,761
465,984
426,391

Working Capital

IDR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
499,627
535,412
558,045
Cash, Cash Equivalents & STI
419,440
456,746
479,759
Accounts Receivable, Net
64,831
64,076
65,086
Inventories
9,068
9,770
9,108
Total Current Liabilities
13,002
13,689
9,442
Payables & Accruals
- -
- -
- -
ST Debt
270
273
277
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-11.31%
12.63%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-25.77%
21.1%
Sales/Revenue/Turnover
- -
-11.31%
5.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82,620
86,804
91,117
87,449
347,990
2025
87,821
88,840
89,390
99,846
365,898
2026
77,684
74,683
76,962
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.2
39.3
33.49
30.67
129.66
2025
33.77
44.53
27.46
51.26
157.02
2026
25.42
44.11
21.06
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Rig Tenders Indonesia Tbk provides marine logistics services for the oil, gas, and coal industries in Indonesia; its operations are divided into two primary segments, coal transportation via chartering of tugboats and barges for coal mining companies handling bulk aggregates including nickel, and offshore support through chartering supply vessels and accommodation work barges to upstream oil and gas firms; additional services encompass seismic survey support, anchor handling, towing and mooring of FPSO, FSO, tankers, platforms, and rigs, fire-fighting and oil spill recovery, cargo runs to platforms, general logistics including food and water supply, personnel and deck cargo transportation, maintenance support, pipeline laying protection, ship management with crew changes and permits, full catering for barges, and bunker services. The company, founded in 1974 as a joint venture between Mr. Boedihardjo Sastrohadiwirjo and Rig Tenders Inc., is headquartered in Jakarta, Indonesia, and listed on the Indonesia Stock Exchange under ticker RIGS since 1990; it operates a fleet of over 36 tugboats, 20 flat-top barges, and 7 self-discharging barges ranging 250-300 feet in length, primarily serving Indonesian waters with a focus on mining and energy sectors; PT Rig Tenders Indonesia Tbk is a subsidiary of PT Surya Indah Muara Pantai following the 2021 acquisition of an 80.54% stake from Scomi Marine Services Pte Ltd. Recent developments include the 2022 acquisition of 95% shares in subsidiary PT Batuah Abadi Lines from Grundtvig Marine Pte Ltd for full direct ownership, strategic expansions into nickel transportation alongside coal since 2020, ongoing partnerships with mine owners and transport firms since 2019, liquidation of certain Singapore subsidiaries in 2020 for efficiency, ISO certifications in quality, environmental, and safety management in 2018, and revenue targeting US$23.3 million in 2024 amid strong demand for coal and nickel barge rentals with price renegotiations and cost optimizations.