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PT Calculus Global Ventures Tbk

PT Calculus Global Ventures Tbk

IIDX:STAR
320.00
IDR
+16.00
(+5.26%)
5.45EPS
51.41P/E
1.34TMarket Cap
PT Calculus Global Ventures Tbk
IDX:STAR
(Indonesia Stock Exchange)

Recent

price

320.00

P/E

ratio

51.41

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
185.41
90.93
42.65
57.11
47.63
53.95
26.98
23.85
27.47
16.36
0.61
0.81
0.94
0.99
0.85
1.38
1.72
Revenue per Share
5.99
1.08
0.18
0.09
0.07
0.02
0.06
0.09
- -
0.41
1.21
2.19
0.36
0.57
0.88
4.78
5.45
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
244.87
101.35
101.53
101.37
101.4
101.53
101.56
101.58
101.77
102.09
103.3
105.5
105.86
106.43
107.31
112.09
113.92
Book Value per Share
244.87
101.35
101.53
101.37
101.4
101.53
101.56
101.58
101.77
102.09
103.3
105.5
105.86
106.43
107.31
112.09
113.92
Tangible Book Value per Share
598
2,423
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
4,800
Basic Weighted Avg Shares
110,969
220,334
204,735
274,142
228,622
258,967
129,481
114,496
131,833
78,513
2,941
3,897
4,528
4,738
4,061
6,618
8,261
Sales/Revenue/Turnover
6.43
10.05
16.84
13.9
15.61
14.09
18.71
17.59
12.75
8.93
-172.13
-77.34
-64.08
-75.7
-109.51
-20.96
-13.79
Operating Margin (%)
- -
219
269
260
141
196
158
- -
299
260
1,154
700
692
637
555
530
531
Depreciation Expense
3,585
2,617
859
438
340
83
270
418
20
1,951
5,808
10,513
1,750
2,730
4,235
22,945
26,144
Net Income, GAAP
26.52
32.5
79.77
91.07
92.89
88.4
92.2
87.5
97.12
71.18
0.17
0.7
4.93
3.23
- -
1.46
2.16
Effective Tax Rate (%)
3.23
1.19
0.42
0.16
0.15
0.03
0.21
0.37
0.02
2.49
197.49
269.8
38.65
57.62
104.29
346.71
316.47
Profit Margin (%)
-61,604
147,782
195,589
195,411
194,819
184,548
193,053
205,312
217,030
489,364
494,875
505,591
507,149
509,850
514,406
537,183
545,985
Working Capital
21,402
11,061
42,358
28,040
15,000
5,000
- -
- -
- -
- -
- -
366
86
183
443
526
290
LT Debt
285,745
488,334
489,255
488,622
488,916
489,676
490,026
490,282
491,355
490,019
495,839
506,379
508,124
510,850
515,080
538,019
546,810
Total Equity
1.02
2.54
0.97
0.46
0.34
0.48
0.32
0.41
0.11
0.34
-0.95
-0.6
-0.54
-0.68
- -
-0.26
-0.2
Return on Invested Capital (%)
0.7
2.61
0.93
0.35
0.24
0.42
0.27
0.35
0.06
1
2.59
2.41
0.35
0.55
- -
4.55
4.83
Return on Capital (%)
0.93
0.68
0.18
0.09
0.07
0.02
0.06
0.09
- -
0.4
1.18
2.1
0.34
0.54
0.83
4.36
4.9
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
512
526
497
LT Borrowings
- -
- -
- -
LT Finance Leases
526
388
290
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,800
4,800
4,800
Market Capitalization
2,054,400
2,880,000
1,344,000

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
539,070
544,096
546,919
Cash, Cash Equivalents & STI
536,608
539,700
544,594
Accounts Receivable, Net
971
787
722
Inventories
- -
- -
- -
Total Current Liabilities
1,887
2,024
934
Payables & Accruals
- -
- -
- -
ST Debt
512
526
497
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.96%
1.66%
4.45%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
1,050.9%
110.12%
441.82%
Sales/Revenue/Turnover
-8.11%
20.4%
62.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,159
977
953
971
4,061
2025
1,487
1,631
1,475
2,026
6,618
2026
2,527
2,234
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
-0.14
0.71
0.15
0.88
2025
0.7
0.47
0.57
3.04
4.78
2026
1.02
0.81
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Buana Artha Anugerah Tbk (STAR.JK) operates as an Indonesia-based investment holding and management consulting company with diversified operations across multiple sectors; it provides asset management services including mutual funds, money market instruments, fixed income securities, and securities portfolio management through subsidiaries such as PT Foster Asset Management, PT Star Semesta Sejahtera, PT Tunas Surya Abadi, PT Cakrawala Karya Mitra, and others; the company also engages in large-scale commodity trading focused on yarn, cotton, fiber, and petrochemical products for wholesale distribution, alongside activities in construction, industry, mining, land transportation, agriculture, printing, workshops, share participation, investing, financing, divestment, and general services excluding legal and tax consulting. Founded in 2008 as PT Star Asia International and listed on the Indonesia Stock Exchange in 2011 following its initial public offering, the company is headquartered at Menara BCA, 45th Floor, Grand Indonesia, Jl. MH Thamrin No. 1, Menteng, Central Jakarta, Indonesia, with primary operations concentrated in Indonesia targeting institutional and retail investors, commodity buyers in textiles and related industries, and clients across its diverse business segments. In a significant recent development, Calculus Investment Pte Ltd, a foreign entity, acquired controlling interest by purchasing 1.544 billion shares representing 32.19% of the company from prior controller PT Kencana Selaras Sejahtera in November 2025, marking a major shift in ownership and governance; this transaction triggered a sharp rise in share price and aligns with the company's strategic evolution since its 2019 name change from PT Star Petrochem, which broadened its focus toward asset management resilience and subsidiary synergies; additionally, the company reported robust nine-month results through September 30, 2025, with sales of IDR 4.59 billion and net income of IDR 8.34 billion, reflecting year-over-year growth amid its trailing twelve-month revenue of IDR 5.04 billion and net income of IDR 9.70 billion.