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  3. •

    Finance/Rental/Leasing
PT Sarana Menara Nusantara Tbk

PT Sarana Menara Nusantara Tbk

416.00
IDR
+10.00
(+2.46%)
69.31EPS
5.34P/E
21.19TMarket Cap
Oct 29Next Earn
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
62.67
80.49
87.62
99.05
104.64
115.12
128.08
148.47
173.32
221.6
235.75
255.56
248.65
249.89
Basic EPS, GAAP
3.3
21.56
57.99
41.84
41.17
43.16
46.48
56.55
68.79
69.12
65.32
66.93
68.62
68.19
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
19.55
23.66
23.56
23.41
28.19
24.14
24.12
18.09
22.24
15.89
Book Value per Share
72.49
92.59
75.21
116.83
139.21
158.22
173.78
203.33
241.59
289.17
330.46
381.69
463.35
490.19
Tangible Book Value per Share
54.28
77.12
44.83
100.77
124.66
134.73
144.74
176.41
-92.94
-43.46
-1.72
47.13
178.56
204.47
Basic Weighted Avg Shares
51,015
51,015
51,015
51,015
51,015
50,971
50,391
50,148
49,824
49,799
49,799
49,835
53,601
56,154
Sales/Revenue/Turnover
3,197,139
4,106,175
4,469,784
5,053,112
5,337,939
5,867,860
6,454,302
7,445,426
8,635,346
11,035,650
11,740,345
12,735,815
13,327,907
14,032,564
Operating Margin (%)
53.93
68.68
74.74
58.75
65.04
63.37
60.1
64.08
62.77
64.52
59.99
58.51
58.91
56.57
Depreciation Expense
927,790
1,083,806
389,819
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
168,512
1,099,900
2,958,417
2,134,348
2,100,125
2,200,055
2,341,955
2,836,000
3,427,375
3,442,025
3,253,097
3,335,437
3,678,316
3,828,927
Effective Tax Rate (%)
27.78
29.44
25.09
29.34
25.07
24.86
18.98
10.65
7.22
11.44
6.83
4.87
0.16
18.35
Profit Margin (%)
5.27
26.79
66.19
42.24
39.34
37.49
36.29
38.09
39.69
31.19
27.71
26.19
27.6
27.29
Working Capital
-208,341
603,017
1,555,829
291,598
819,230
-2,476,411
-2,090,715
-4,222,856
-14,482,126
-10,794,950
-19,872,070
-15,168,395
-16,144,438
-25,183,446
LT Debt
8,221,252
9,150,980
9,456,400
8,403,425
8,364,888
9,093,864
13,223,332
15,805,689
30,191,078
35,408,616
26,323,431
37,136,265
29,471,717
19,543,071
Total Equity
3,693,239
4,715,762
3,835,450
5,959,893
7,101,812
8,033,280
8,760,621
10,184,048
12,062,016
14,432,334
16,511,664
19,169,209
27,083,306
29,087,795
Return on Invested Capital (%)
4.57
12.48
24.35
14.82
15.99
16.07
14.69
15.05
11.19
10.2
10.68
10.39
10.41
8.41
Return on Capital (%)
4.05
10.94
23.95
17.21
16.06
15.58
14.01
14.03
10.34
9.22
9.53
9.34
9.14
7.96
Return on Common Equity (%)
4.74
26.12
69.12
43.57
32.16
29.07
27.95
30.04
30.9
26.04
21.09
18.76
15.97
15.93

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15,747,721
19,412,567
25,981,778
LT Borrowings
29,032,812
26,529,355
19,245,405
LT Finance Leases
438,905
439,287
297,666
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58,212
58,212
58,212
Market Capitalization
34,053,776
28,407,252
21,189,016

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,433,232
6,466,452
6,456,210
Cash, Cash Equivalents & STI
654,429
2,280,336
949,841
Accounts Receivable, Net
1,973,530
2,589,912
3,751,091
Inventories
8,517
774,127
954,383
Total Current Liabilities
19,577,670
23,993,473
31,639,656
Payables & Accruals
- -
- -
- -
ST Debt
15,747,721
19,412,567
25,981,778
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.29%
21.98%
41.29%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
3.15%
5.72%
10.28%
Sales/Revenue/Turnover
11.73%
12.66%
4.65%
Total Cash Common Dividend
- -
2.49%
32.28%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,046,551
3,107,324
3,295,166
3,286,774
12,735,815
2025
3,208,440
3,185,790
- -
3,641,206
13,327,907
2026
3,555,778
3,649,790
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.01
16.22
16.83
17.75
66.93
2025
16.12
16.97
- -
19.29
68.62
2026
16.14
15.77
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
17.99
-0.27
18.09
2025
6.03
9.9
- -
6.82
22.24
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ferdinandus Aming Santoso
Full Time Employees
2,834
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Jl. Jend. Ahmad Yani No. 19A Kudus JT Indonesia
IPO Date
Mar 8, 2010
Website
ptsmn.co.id
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Business
PT Sarana Menara Nusantara Tbk specializes in owning and operating telecommunication towers and providing digital infrastructure services in Indonesia. Its core products and services include tower rental for wireless operators; wireline telecommunication services offering internet broadband and virtual private networks; fiber to the tower (FTTT) and fiber to the home (FTTH) telecommunication services managing fiber optic infrastructure; very small aperture terminal (VSAT) solutions providing satellite communication for remote locations; telecommunication equipment trading, construction, and installation; and system communication data, satellite telecommunication, payment, hosting, and related services. Additionally, the company engages in real estate ownership and rental, wholesale and retail of computer and related equipment, management consulting, electrical power support, and power generation activities. The company operates primarily throughout Indonesia and is headquartered in Kudus. Founded in 2008, it is a subsidiary of PT Sapta Adhikari Investama. Recent major changes include the strategic acquisition of IBST in 2024, which added approximately 3,869 towers and 3,839 tenants, significantly expanding its tower portfolio and reinforcing its market position. In 2025, the company further expanded by acquiring an additional 20% stake in PT Remala Abadi Tbk (DATA) through a mandatory tender offer, increasing its total investment value to approximately IDR 804 billion. The company has also focused on leveraging synergies within the SMN Group to enhance core business operations, improve operational efficiency, and explore new business opportunities such as power-as-a-service and renewable energy sectors. Its growth strategy emphasizes both organic build-to-suit tower developments and inorganic acquisitions, including the purchases of SUPR in 2021, IBST in 2024, and DATA in 2025. PT Sarana Menara Nusantara's tenancy ratio remains above 1.6x, supported by ongoing 4G network expansion and preparations for 5G rollout. This comprehensive product and service portfolio and strategic expansion efforts position PT Sarana Menara Nusantara Tbk as a leading independent digital infrastructure provider in Indonesia's telecommunications industry.

Company News

Company News APIChatGPT

  • seekingalpha.com

    PT Sarana Menara Nusantara Tbk. (SMNUF) Q2 2026 Earnings Call Transcript