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    Real Estate

  3. •

    Real Estate - Diversified
PT Pakuwon Jati Tbk

PT Pakuwon Jati Tbk

PTPKF
PT Pakuwon Jati TbkUS flagOther OTC
0.02
USD
- -
- -
919.85MMarket Cap
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
62.91
80.41
96.04
100.45
119.38
147.03
149.54
82.58
118.63
124.32
128.75
138.51
147.66
140.85
Basic EPS, GAAP
23.52
52.23
26.2
34.67
38.89
52.8
56.47
19.31
28.71
31.95
43.71
43.08
48.72
49.1
Free Cash Flow per Basic Share
-2.72
-11.19
-37.17
-5.78
-7.09
-4.05
-10.85
-7.09
-2.85
-9.89
-16.5
-13.11
-8.38
-6.2
Dividend per Share
3.51
4.49
4.49
4.49
4.49
5.99
6.99
- -
- -
3.99
6.49
8.98
12.98
0.36
Book Value per Share
80.55
128.04
149.9
180.31
214.28
261.55
310.87
303.9
333.2
359.38
396.53
429.89
466.56
440.27
Tangible Book Value per Share
80.52
128.04
149.9
180.31
214.28
261.55
310.87
303.9
333.2
359.38
396.53
429.89
466.56
440.27
Basic Weighted Avg Shares
48,160
48,160
48,160
48,196
48,160
48,160
48,160
48,160
48,160
48,160
48,160
48,160
48,160
48,160
Sales/Revenue/Turnover
3,029,797
3,872,273
4,625,053
4,841,105
5,749,185
7,080,668
7,202,001
3,977,211
5,713,273
5,987,433
6,200,438
6,670,809
7,111,105
6,783,256
Operating Margin (%)
49.9
48.79
48.96
46.68
48.61
48.85
47.92
37.73
39.73
43.46
42.9
43.49
41.4
42.7
Depreciation Expense
15,229
17,479
29,028
31,517
36,159
37,843
43,172
53,592
55,673
54,886
58,937
58,825
65,096
62,477
Net Income, GAAP
1,132,820
2,515,236
1,261,887
1,670,767
1,872,781
2,542,869
2,719,533
929,919
1,382,548
1,538,835
2,105,210
2,074,731
2,346,120
2,364,417
Effective Tax Rate (%)
14.62
0.4
1.73
- -
2.27
0.94
0.94
2.6
0.88
0.49
0.83
1.27
1.91
1.04
Profit Margin (%)
37.39
64.96
27.28
34.51
32.57
35.91
37.76
23.38
24.2
25.7
33.95
31.1
32.99
34.86
Working Capital
860,449
1,593,844
984,884
1,508,591
3,514,427
5,376,407
6,269,491
4,253,326
8,434,059
9,619,966
10,523,286
11,711,879
7,979,614
8,954,387
LT Debt
2,040,682
4,082,205
4,371,670
4,470,509
5,025,599
4,933,665
3,884,632
3,546,539
5,656,871
6,272,709
6,145,209
6,442,503
5,575,166
5,387,885
Total Equity
4,105,826
8,276,581
9,455,056
11,019,694
12,791,490
15,311,681
18,095,643
17,598,695
19,178,438
20,718,276
22,795,334
24,741,997
26,622,844
25,482,661
Return on Invested Capital (%)
21.23
19.28
16.27
- -
15.76
17.44
15.56
6.56
9.67
9.96
9.41
9.5
9.09
9.41
Return on Capital (%)
21.25
27.98
10
- -
11.65
12.78
11.04
4.57
6.55
6.06
7.76
6.86
7.11
7.64
Return on Common Equity (%)
33.36
50.08
18.85
21.01
19.71
22.19
19.73
6.28
9.01
9.23
11.57
10.43
10.87
11.63

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6,352
6,352
6,452
LT Borrowings
6,435,907
6,608,253
5,387,885
LT Finance Leases
6,596
6,596
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48,160
48,160
48,160
Market Capitalization
15,535,356
1,605,320
1,553,536

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
14,819,401
15,216,553
12,723,108
Cash, Cash Equivalents & STI
9,274,947
9,910,284
7,432,359
Accounts Receivable, Net
140,761
107,117
83,985
Inventories
4,494,490
4,248,236
4,225,181
Total Current Liabilities
3,107,522
3,295,791
3,768,722
Payables & Accruals
- -
- -
- -
ST Debt
6,352
6,352
6,452
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.09%
8.64%
7.6%
Free Cash Flow
22.64%
39.59%
-36.14%
Net Income, GAAP
12.98%
21.68%
13.08%
Sales/Revenue/Turnover
6.97%
13.24%
6.6%
Total Cash Common Dividend
- -
- -
44.44%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,530,363
1,730,673
1,525,011
1,884,762
6,670,809
2025
1,555,183
1,818,300
1,993,391
- -
7,111,105
2026
1,645,854
1,728,022
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.87
- -
- -
- -
43.08
2025
6.26
- -
- -
- -
48.72
2026
8.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
8.98
2025
- -
- -
- -
- -
12.98
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Alexander Stefanus Ridwan Suhendra
Full Time Employees
3,478
Sector
Real Estate
Industry
Real Estate - Diversified
Address
Pakuwon City Mall, East Coast Center Surabaya Indonesia 60112
IPO Date
Sep 7, 2023
Website
pakuwonjati.com
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Business
PT Pakuwon Jati Tbk engages in real estate development and operations in Indonesia, focusing on integrated superblock projects that combine retail shopping malls such as Tunjungan Plaza, Pakuwon Mall, Pakuwon City Mall, and Kota Kasablanka; office buildings including Pakuwon Tower and Mandiri Office Tower; residential condominiums and apartments like those in Gandaria City, Pakuwon City, and Tunjungan City; and hospitality assets managed by brands such as Marriott International, Sheraton, Four Points by Sheraton, Aloft, Fairfield, Ascott, and The Westin. The company operates vertically across the real estate value chain, encompassing land acquisition, property development, marketing, and management, with a portfolio spanning retail, commercial, residential, and hospitality segments in key locations including Surabaya, Jakarta, Bekasi, Yogyakarta, Solo, Bali, Semarang, and Batam. Established in 1982 and headquartered in Surabaya, Indonesia, PT Pakuwon Jati Tbk listed on the Indonesia Stock Exchange in 1989 and serves as the holding company for Pakuwon Group, targeting urban consumers, tenants, buyers, and travelers in major Indonesian markets. Recent developments include the opening of Pakuwon City Mall 3 in Surabaya and Pakuwon Mall Bekasi in late 2024; launches of Aloft Surabaya, Fairfield Bekasi, and Four Points Bekasi in 2025; acquisition of Four Points by Sheraton Bali Kuta; refinancing of a US$250 million bond with US$400 million of 4.875% senior unsecured notes due 2028; a September 2024 agreement with Marriott International to develop five additional properties adding over 1,300 rooms across Jakarta, Surabaya, and Batam by 2030; groundbreaking for a Semarang superblock; and recognition as one of Indonesia's Best Managed Companies in 2025, alongside 21% revenue growth in the first nine months of 2025 driven by retail performance.