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PT Pakuwon Jati Tbk

PT Pakuwon Jati Tbk

PWON.JK
PT Pakuwon Jati TbkID flagIndonesia Stock Exchange
258.00
IDR
-6.00
- -
12.43TMarket Cap
PT Pakuwon Jati Tbk
PWON.JK
(Indonesia Stock Exchange)

Recent

price

258.00

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
29.49
36.75
44.96
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
Revenue per Share
7.63
8.62
15.53
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
Basic EPS, GAAP
-10.6
-1.83
-6.31
-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
Free Cash Flow per Basic Share
- -
- -
1.43
3.51
4.49
4.49
4.49
4.49
5.99
6.99
- -
- -
3.99
6.49
8.98
12.98
0.36
Dividend per Share
34.32
46.54
52.93
72.94
120.65
142.33
172.37
206.87
253.65
303.1
295.77
324.46
352.39
389.58
423.64
459.34
434.21
Book Value per Share
48.67
59
65.06
85.22
171.86
196.33
228.65
265.61
317.94
375.74
365.42
398.23
430.2
473.33
513.75
552.8
529.13
Tangible Book Value per Share
41,638
40,221
48,160
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
Basic Weighted Avg Shares
1,228,008
1,478,105
2,165,397
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
Sales/Revenue/Turnover
38.18
42.23
49.06
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
Operating Margin (%)
- -
3,985
9,745
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
Depreciation Expense
317,730
346,859
747,989
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
Net Income, GAAP
17.59
19.44
14.94
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
Effective Tax Rate (%)
25.87
23.47
34.54
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
Profit Margin (%)
160,217
478,061
690,982
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
Working Capital
1,463,058
1,767,795
2,162,421
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
LT Debt
2,026,577
2,373,135
3,134,536
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
Total Equity
13.76
12.01
17.96
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 Invested Capital (%)
14.76
12.01
18.98
22.62
29.06
10.27
- -
11.9
13.03
11.23
4.65
6.66
6.15
7.86
6.93
7.18
7.71
Return on Capital (%)
24.63
21.02
33.84
37.38
53.96
19.93
22.04
20.5
22.93
20.29
6.45
9.26
9.44
11.78
10.59
11.03
11.8
Return on Common Equity (%)

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
19,167,522
16,374,265
18,011,691

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
- -
- -
- -
- -

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
- -
- -
- -
- -
- -
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Business
PT Pakuwon Jati Tbk PT Pakuwon Jati Tbk is an Indonesia-based real estate developer engaged in the development, marketing, and operations of integrated properties including shopping centers, offices, serviced apartments, residential developments, and hospitality assets; the company pioneered the Superblock concept in Indonesia, featuring large-scale mixed-use projects combining retail malls, office towers, condominiums, and hotels. Established in 1982 and listed on the Indonesia Stock Exchange since 1989, it maintains headquarters in Surabaya and operates geographically diversified properties across major cities such as Surabaya, Jakarta, Bekasi, Yogyakarta, Solo, Bali, Semarang, and Batam. Its portfolio encompasses key assets like Tunjungan Plaza superblock, Pakuwon City developments, Kota Kasablanka superblock, Gandaria City superblock, Pakuwon Mall phases, Four Points by Sheraton properties, Aloft hotels, Sheraton Surabaya, and Marriott-managed accommodations, with vertical integration spanning land acquisition, construction, leasing, and management to serve retail tenants, office occupants, residents, and hospitality guests nationwide. In recent developments, PT Pakuwon Jati Tbk signed an agreement with Marriott International in September 2024 to develop five additional properties exceeding 1,300 rooms in locations from Jakarta to Surabaya and Batam by 2030, strengthening its hospitality expansion. The company opened Pakuwon City Mall 3 in Surabaya in October 2024 and Pakuwon Mall Bekasi in November 2024, alongside Four Points by Sheraton Bekasi, Aloft Surabaya Pakuwon City, and acquired Four Points by Sheraton Bali Kuta; it also launched groundbreaking for a Semarang superblock, refinanced its US$250 million bond with US$400 million 4.875% Senior Unsecured Notes due 2028, and reported 21% growth in nine-month 2025 net profit driven by retail performance.