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PT Steady Safe Tbk

PT Steady Safe Tbk

IIDX:SAFE
745.00
IDR
-25.00
(-3.25%)
48.13EPS
6.77P/E
267.71BMarket Cap
PT Steady Safe Tbk
IDX:SAFE
(Indonesia Stock Exchange)

Recent

price

745.00

P/E

ratio

6.77

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
111.93
99.82
68.6
52.62
41.71
29.92
1.73
- -
131.21
292.73
234.03
261.82
411.69
394.69
379.75
340.72
314.23
Revenue per Share
6.24
-21.41
-13.06
11.95
11.49
3.26
33.67
-13.02
-33.35
14.97
-28.59
1.29
16.67
31.97
44.38
64.22
48.13
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-178.89
-199.9
-212.96
-206.55
-195.45
-191.85
-51.94
-64.34
-97.78
-82.96
-111.27
-110.16
-93.18
-61.4
-17.07
77.4
94.6
Book Value per Share
-178.89
-199.9
-212.96
-206.55
-195.45
-191.85
-51.94
-64.34
-97.78
-82.96
-111.27
-110.16
-93.18
-61.4
-17.07
77.4
94.6
Tangible Book Value per Share
392
385
392
392
385
392
615
615
615
615
615
615
615
615
615
615
667
Basic Weighted Avg Shares
43,911
38,383
26,877
20,610
16,075
11,718
1,064
- -
80,713
180,074
143,961
161,058
253,249
242,793
233,601
209,593
209,485
Sales/Revenue/Turnover
15.22
22.1
35.2
56.87
77.66
66.87
-438.3
- -
19.1
30.05
17.58
25.79
20.7
21.62
27.83
21.17
17.7
Operating Margin (%)
76
297
47
218
555
208
207
207
257
794
861
706
659
125
11
10
10
Depreciation Expense
2,448
-8,232
-5,116
4,681
4,429
1,277
20,713
-8,007
-20,514
9,207
-17,590
792
10,252
19,668
27,303
39,505
32,089
Net Income, GAAP
73.75
- -
- -
39.49
29.38
40.44
- -
- -
- -
25.16
- -
51.43
24.5
24.11
34.07
4.78
5.82
Effective Tax Rate (%)
5.58
-21.45
-19.04
22.71
27.55
10.9
1,946.17
- -
-25.42
5.11
-12.22
0.49
4.05
8.1
11.69
18.85
15.32
Profit Margin (%)
-104,313
-83,411
-74,161
-51,143
-52,439
-59,016
-39,085
-33,570
-169,811
-165,527
-166,465
-296,782
-177,898
-214,534
-133,284
-63,605
-34,159
Working Capital
44,545
47,195
49,370
41,596
32,700
22,580
108
15,354
164,787
216,366
201,119
39,877
115,634
23,986
31,731
- -
- -
LT Debt
-69,144
-77,536
-83,835
-81,329
-76,992
-75,638
-32,421
-40,051
-60,623
-51,503
-68,918
-68,235
-57,793
-38,242
-10,975
63,088
77,214
Total Equity
1.84
- -
- -
23.68
-301.02
264.34
- -
- -
- -
18.42
- -
10.14
24.39
33.56
64.36
68.58
53.64
Return on Invested Capital (%)
18.99
- -
- -
-34.59
-29.18
-13.18
- -
- -
- -
19.02
- -
10.62
23.45
36.34
68.09
93.25
69.13
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
72.33
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,124
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
821
821
821
Market Capitalization
328,483
328,483
267,714

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
54,581
60,445
69,756
Cash, Cash Equivalents & STI
23,432
27,394
36,461
Accounts Receivable, Net
15,641
15,986
16,573
Inventories
- -
- -
- -
Total Current Liabilities
118,185
110,680
103,914
Payables & Accruals
- -
- -
- -
ST Debt
2,124
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-75.97%
-159.25%
-674.84%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
236.84%
253.04%
44.69%
Sales/Revenue/Turnover
- -
10.18%
-10.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58,944
57,022
58,475
59,160
233,601
2025
56,458
52,341
51,479
49,315
209,593
2026
50,351
58,340
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.12
28.24
21.25
-21.23
44.38
2025
18.21
16.8
14.95
14.26
64.22
2026
9.28
10.25
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Steady Safe Tbk (SAFE.JK) operates as an Indonesia-based public transportation company, primarily providing land transportation services including bus operations, taxi services, limousine rentals, and ferry services; it also engages in financial services such as financing provisions. The company functions through two main segments, Land Transportation and Financial Services, with a focus on public transit in the Jabotabek region (Jakarta, Bogor, Tangerang, Bekasi) and participation in the Transjakarta bus rapid transit system via its consortium stake in PT Jakarta Trans Metropolitan since 2006. It targets urban commuters and serves the greater Jakarta metropolitan area. Founded in 1971 as PT Tanda Widjaja Sakti and renamed PT Steady Safe Tbk in December 1993, the company listed on the Indonesia Stock Exchange in 1994 and is headquartered at Satrio Tower, 15th Floor, Jakarta Selatan, DKI Jakarta, Indonesia. PT Steady Safe Tbk operates as a subsidiary of PT Infiniti Wahana and maintains operational pools including Pool Klender in East Jakarta. Its services emphasize reliable mass transit solutions in Indonesia's capital region. In recent developments, the company supports Indonesia's electric bus transition by participating in e-catalog auctions for electric bus procurement as outlined in its 2022 annual report projections extending into 2025. No major acquisitions, funding rounds, partnerships, or strategic reorganizations have been publicly reported in the last 1-2 years as of mid-2025. The firm continues to prioritize operational efficiency in its core busway and ancillary transport segments amid ongoing market challenges.