1. Indonesia Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
PT Wijaya Karya Beton Tbk

PT Wijaya Karya Beton Tbk

IIDX:WTON
69.00
IDR
+2.00
(+2.99%)
0.57EPS
14.88P/E
601.37BMarket Cap
Nov 04Next Earn
PT Wijaya Karya Beton Tbk
IDX:WTON
(Indonesia Stock Exchange)

Recent

price

69.00

P/E

ratio

14.88

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
187.61
232.99
303.34
376.02
304.36
399.49
615.26
795.21
812.74
551.13
511.62
688.87
482.27
561.88
411.28
401.51
Revenue per Share
16.57
20.53
27.87
37.84
19.95
31.32
38.68
55.8
58.79
14.69
9.51
18.69
3.92
7.46
4.59
4.64
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
3.31
4.55
5.63
1.91
7.09
3.76
9.38
11.61
16.74
14.7
2.94
1.9
3.75
0.79
0.75
- -
Dividend per Share
51.53
66.93
79.23
257.02
264.49
290.55
320.93
367.52
412.28
381.47
392.45
404.85
405.16
412.21
416.24
416.33
Book Value per Share
51.53
66.93
79.23
257.02
264.49
290.55
320.93
367.52
412.28
381.47
392.45
404.85
405.16
412.21
416.24
416.33
Tangible Book Value per Share
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,715
8,714
8,719
8,715
Basic Weighted Avg Shares
1,635,087
2,030,597
2,643,724
3,277,195
2,652,622
3,481,732
5,362,263
6,930,628
7,083,384
4,803,359
4,458,988
6,003,788
4,203,171
4,896,024
3,585,862
3,499,384
Sales/Revenue/Turnover
10.89
11.44
12.87
12.57
9.09
11.78
10.02
10.61
11.27
3.9
2.72
6.7
4.61
4.4
3.03
3.49
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2,456
4,423
4,897
16,208
18,851
24,152
Depreciation Expense
144,423
178,920
242,875
329,813
173,878
273,007
337,124
486,353
512,347
128,052
82,908
162,916
34,126
65,004
40,020
40,417
Net Income, GAAP
23.89
23.24
26.58
21.59
13.91
17.22
18.84
21.41
18.45
5.64
- -
31.44
53.73
26.61
79.24
64.96
Effective Tax Rate (%)
8.83
8.81
9.19
10.06
6.55
7.84
6.29
7.02
7.23
2.67
1.86
2.71
0.81
1.33
1.12
1.15
Profit Margin (%)
-10,963
15,964
101,670
617,508
661,444
576,143
135,063
622,628
973,858
541,588
594,399
676,658
657,216
887,804
738,816
767,548
Working Capital
- -
- -
368,552
1,175
320,000
200,000
- -
389,755
534,212
380,712
507,000
283,251
235,007
426,254
134,320
101,733
LT Debt
429,695
604,330
710,573
2,202,592
2,263,603
2,491,233
2,747,935
3,136,812
3,508,446
3,390,573
3,484,811
3,637,821
3,626,110
3,686,766
3,686,012
3,683,030
Total Equity
- -
33.01
26.35
16.02
7.41
12.14
12.28
12.41
11.22
3.27
- -
5.51
1.95
3.87
0.56
1.09
Return on Invested Capital (%)
- -
33.52
26.79
18.57
8.27
11.05
11.56
12.17
11.08
4.48
- -
4.27
1.71
2.27
1.99
2.08
Return on Capital (%)
- -
36.23
39.86
23.53
8
11.8
13.22
16.94
15.76
3.79
2.46
4.69
0.97
1.83
1.11
1.12
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
78,368
66,761
65,173
LT Borrowings
134,320
118,027
101,733
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,715
8,715
8,715
Market Capitalization
880,262
732,099
601,367

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,167,863
3,196,270
3,247,213
Cash, Cash Equivalents & STI
411,726
251,924
343,959
Accounts Receivable, Net
877,075
971,399
957,247
Inventories
683,833
782,175
824,864
Total Current Liabilities
2,429,047
2,443,106
2,479,666
Payables & Accruals
- -
- -
- -
ST Debt
78,368
66,761
65,173
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.15%
1.7%
-0.02%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
8.93%
6.85%
-38.44%
Sales/Revenue/Turnover
7.17%
-2.56%
-26.76%
Total Cash Common Dividend
5.64%
-20.4%
-5.06%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,087,122
1,110,848
1,188,493
1,509,560
4,896,024
2025
871,599
697,702
950,304
1,066,256
3,585,862
2026
677,037
805,786
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
1.36
1.79
3.62
7.46
2025
0.18
0.32
0.46
3.63
4.59
2026
0.17
0.37
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.79
2025
- -
- -
- -
- -
0.75
2026
- -
- -
- -
- -
- -
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
PT Wijaya Karya Beton Tbk specializes in the production and distribution of pre-stressed and precast concrete solutions, serving markets both within Indonesia and internationally. The company’s extensive product portfolio encompasses a variety of concrete poles; diverse piling options such as hollow round, box, cylinder, spun, square, and triangular piles; and specialized concrete pipe systems. Further offerings include a comprehensive range of railway concrete items, from various types of sleepers, including monoblock pretensioned and turnout designs, to catenary poles and concrete level crossings. For bridge construction, the company provides girders like voided slab, double tee, full depth slab, half slab, channel, and segmental box girders. Its wall retainer concrete products feature corrugated, flat prestressed, and reinforced concrete sheet piles, while maritime and hydro structure components include breakwater and dock elements, along with reinforced cylinder pipes and box culverts. Additionally, PT Wijaya Karya Beton Tbk supplies concrete products for building construction, such as precast walls, hollow core slabs, columns, beams, and ladders, alongside ready-mix concrete. Beyond manufacturing, the firm is active in quarry operations, producing split material, screening, and stone ash. It delivers comprehensive engineering, production, and installation services, alongside specialized tasks like inner bore system installation, earth auger slurry excavation, gantry, and post-tensioning services. Operating as a subsidiary of PT Wijaya Karya (Persero) Tbk since its founding in 1997, the company maintains its headquarters in Jakarta, Indonesia, and is recognized as a dominant precast concrete producer in Southeast Asia. It has a strong market position, holding a significant share in the Indonesian precast market. In recent periods, the company secured new contracts, with infrastructure projects being a primary driver, and continues to pursue strategic initiatives, including innovations like using nickel slag in production and supporting national housing programs. The firm targets various sectors, including toll roads, the new capital city, dams, ports, and urban rail projects.