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    Industrial Materials
PT TIMAH Tbk

PT TIMAH Tbk

PTTMF
PT TIMAH TbkUS flagOther OTC
0.21
USD
- -
- -
1.55BMarket Cap
PT TIMAH Tbk
PTTMF
(Other OTC)

Recent

price

0.21

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1,119.7
1,091.61
988.64
785.8
1,009.43
922.99
935.62
1,237.58
1,479.19
2,596.97
2,043.03
1,961.26
1,678.94
1,126.77
1,457.68
1,551.17
1,324.48
Revenue per Share
127.28
120.41
57.95
77.95
90.36
13.64
33.81
67.46
17.76
-82.08
-45.73
174.92
139.84
-60.38
167.75
176.38
141.28
Basic EPS, GAAP
44.79
-47.3
-75.41
-60.86
-61.14
-89.96
-73.76
-107.74
-168.38
-201.44
-125.33
-115.16
-114.84
-89.98
-41.91
-41.03
-39.2
Free Cash Flow per Basic Share
21.06
- -
60.2
- -
- -
- -
- -
- -
23.61
25.02
- -
- -
61.22
41.95
- -
63.72
- -
Dividend per Share
563.1
154.2
131.38
156.58
193.99
121.97
142.42
172.36
122.67
-30.76
-76.49
98.44
63.35
-126.44
41.3
200.33
45.39
Book Value per Share
564.34
617.34
651.67
592.43
604.18
721.17
759.11
811.7
825.53
706.04
663.31
847.02
945.51
848.57
1,018.69
1,129.03
979.33
Tangible Book Value per Share
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
7,448
Basic Weighted Avg Shares
8,339,254
8,130,051
7,363,168
5,852,453
7,518,010
6,874,192
6,968,294
9,217,160
11,016,677
19,341,569
15,215,980
14,607,003
12,504,297
8,391,907
10,856,422
11,552,733
9,864,398
Sales/Revenue/Turnover
15.74
15.49
7.99
12.34
12.69
1.16
7.07
8.31
1.22
-0.65
0.96
14.52
10.96
-4.44
16.55
14.99
14.46
Operating Margin (%)
- -
26,428
37,781
33,034
30,466
17,123
24,021
26,382
33,384
54,664
48,935
44,241
51,237
55,845
52,907
47,467
50,811
Depreciation Expense
947,958
896,780
431,575
580,544
673,005
101,583
251,832
502,430
132,295
-611,284
-340,599
1,302,795
1,041,484
-449,690
1,249,347
1,313,630
1,052,253
Net Income, GAAP
15.91
29.48
33.68
29.66
34.33
39.61
31.79
28.94
7.64
- -
- -
24.61
25.95
- -
24.61
25.1
22.97
Effective Tax Rate (%)
11.37
11.03
5.86
9.92
8.95
1.48
3.61
5.45
1.2
-3.16
-2.24
8.92
8.33
-5.36
11.51
11.37
10.67
Profit Margin (%)
2,839,408
3,162,728
2,969,858
2,770,871
2,982,809
2,445,246
2,176,675
3,646,277
2,381,232
348,870
692,099
1,738,055
3,087,622
1,527,451
3,363,264
3,957,808
2,957,893
Working Capital
- -
- -
- -
- -
- -
- -
- -
1,500,000
1,500,000
2,101,830
2,449,388
1,434,498
2,244,711
1,268,799
1,232,833
805,255
1,034,196
LT Debt
4,203,075
4,597,795
4,853,457
4,412,278
4,499,801
5,371,068
5,653,685
6,045,331
6,148,352
5,258,405
4,940,136
6,308,420
7,041,903
6,319,974
7,586,938
8,408,739
7,293,796
Total Equity
25.7
17.85
7.59
9.33
9.98
0.68
4.56
6.42
1.14
- -
- -
13.62
9.25
- -
14.1
12.98
11.71
Return on Invested Capital (%)
22.87
28.33
29.45
31.9
23.57
5.2
11.31
16.55
6.79
- -
- -
25.38
25.43
- -
55.58
51.01
51.5
Return on Capital (%)
24.92
33.57
40.58
54.14
51.55
8.63
25.58
42.86
12.04
- -
- -
- -
172.87
- -
- -
145.99
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
809,181
462,266
487,371
LT Borrowings
1,232,833
1,041,491
1,034,196
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,448
7,448
7,448
Market Capitalization
4,732,927
2,991,514
3,783,939

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,881,142
5,850,186
5,798,220
Cash, Cash Equivalents & STI
1,988,254
1,619,417
1,807,228
Accounts Receivable, Net
902,681
1,195,735
879,656
Inventories
2,763,903
2,626,081
2,699,588
Total Current Liabilities
2,517,878
2,450,765
2,840,327
Payables & Accruals
- -
- -
- -
ST Debt
809,181
462,266
487,371
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.33%
11.99%
10.83%
Free Cash Flow
-1.94%
-17.11%
-2.1%
Net Income, GAAP
-145.1%
-203.68%
5.15%
Sales/Revenue/Turnover
9.19%
-3.1%
6.41%
Total Cash Common Dividend
- -
- -
51.9%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,056,597
3,155,298
3,042,909
2,601,618
10,856,422
2025
2,097,892
2,121,979
4,944,993
- -
11,552,733
2026
5,465,058
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.97
- -
- -
- -
167.75
2025
15.69
- -
- -
- -
176.38
2026
201.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
63.72
2026
- -
- -
- -
- -
- -
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Business
PT TIMAH Tbk, Indonesia's largest integrated tin producer and exporter, operates as a state-owned holding company focused on tin mining, smelting, processing, and marketing through its subsidiaries; its core products include Banka, Mentok, and Kundur branded tin ingots, tin solder, and tin chemical compounds used in PVC stabilizers, food packaging, and construction materials such as doors, windows, and pipes, alongside non-tin products like coal, nickel, and quartz sand. The company also provides ancillary services encompassing workshop and shipbuilding, engineering, ship repair, construction, transportation, warehousing, real estate development, reclamation, agribusiness including agriculture, livestock, fisheries, essential oils, and agro-tourism, with operations spanning Bangka Belitung Province, Riau Province, South Kalimantan, Southwest Sulawesi, and Cilegon in Banten, Indonesia. Founded in 1976 and headquartered in Pangkalpinang, Bangka Belitung, PT TIMAH Tbk is a subsidiary of PT Mineral Industri Indonesia (Persero) and trades under the ticker TINS on the Indonesia Stock Exchange (PTTMF OTC). In recent developments, the company inaugurated a Cooperative Service Office in November 2025 to strengthen partnerships with local cooperatives for mining activities, aligning with national economic empowerment initiatives; received handover of six confiscated illegal tin smelters from President Prabowo Subianto in October 2025 amid a government crackdown on illicit operations; provided IDR 10 billion funding to subsidiary PT Timah Agro Manunggal in July 2025; announced offshore mining partnerships with local entities in November 2025; strengthened management structure in October 2025 to enhance operational performance; and reported soaring net profits for 9M-2025, doubling from H1 levels, with Q1 2025 profits exceeding targets by 120% while targeting tin production increases to 22,000 tonnes in 2025, 30,000 tonnes in 2026, and up to 80,000 tonnes thereafter.