Alkindo Naratama Tbk

JK:ALDO Indonesia Paper & Paper Products
Market Cap
$91.20 Million
Rp1.48 Trillion IDR
Market Cap Rank
#24836 Global
#334 in Indonesia
Share Price
Rp550.00
Change (1 day)
+0.92%
52-Week Range
Rp474.00 - Rp805.00
All Time High
Rp997217.88
About

PT Alkindo Naratama Tbk, together with its subsidiaries, manufactures and sells conversion paper products in Indonesia. The company operates through Paper Converting, Chemical and Services, Polymer, and Paper segments. It offers honeycomb paper, paper cores, paper tubes, edge protectors, paper boxes, and paper bags, as well as logistic services. The company was founded in 1989 and is based in Ban… Read more

Alkindo Naratama Tbk (ALDO) - Net Assets

Latest net assets as of September 2025: Rp1.05 Trillion IDR

Based on the latest financial reports, Alkindo Naratama Tbk (ALDO) has net assets worth Rp1.05 Trillion IDR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.04 Trillion) and total liabilities (Rp990.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp1.05 Trillion
% of Total Assets 51.35%
Annual Growth Rate 24.0%
5-Year Change 73.99%
10-Year Change 500.7%
Growth Volatility 26.75

Alkindo Naratama Tbk - Net Assets Trend (2010–2024)

This chart illustrates how Alkindo Naratama Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Alkindo Naratama Tbk (2010–2024)

The table below shows the annual net assets of Alkindo Naratama Tbk from 2010 to 2024.

Year Net Assets Change
2024-12-31 Rp1.03 Trillion +26.77%
2023-12-31 Rp809.94 Billion +5.85%
2022-12-31 Rp765.17 Billion +8.78%
2021-12-31 Rp703.40 Billion +19.20%
2020-12-31 Rp590.12 Billion +10.63%
2019-12-31 Rp533.41 Billion +96.40%
2018-12-31 Rp271.59 Billion +18.38%
2017-12-31 Rp229.42 Billion +14.20%
2016-12-31 Rp200.89 Billion +17.53%
2015-12-31 Rp170.93 Billion +7.22%
2014-12-31 Rp159.42 Billion +13.97%
2013-12-31 Rp139.88 Billion +48.33%
2012-12-31 Rp94.31 Billion +6.47%
2011-12-31 Rp88.58 Billion +75.29%
2010-12-31 Rp50.53 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Alkindo Naratama Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2202.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp328.73 Billion 32.24%
Common Stock Rp135.04 Billion 13.24%
Other Comprehensive Income Rp228.68 Billion 22.43%
Other Components Rp327.13 Billion 32.08%
Total Equity Rp1.02 Trillion 100.00%

Alkindo Naratama Tbk Competitors by Market Cap

The table below lists competitors of Alkindo Naratama Tbk ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alkindo Naratama Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 803,523,306,242 to 1,019,581,997,000, a change of 216,058,690,758 (26.9%).
  • Net loss of 8,642,230,000 reduced equity.
  • Dividend payments of 1,350,357,000 reduced retained earnings.
  • Other comprehensive income increased equity by 225,890,920,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp-8.64 Billion -0.85%
Dividends Paid Rp1.35 Billion -0.13%
Other Comprehensive Income Rp225.89 Billion +22.16%
Other Changes Rp160.36 Million +0.02%
Total Change Rp- 26.89%

Book Value vs Market Value Analysis

This analysis compares Alkindo Naratama Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.46x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 5.10x to 1.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 Rp107.86 Rp550.00 x
2012-12-31 Rp92.31 Rp550.00 x
2013-12-31 Rp111.95 Rp550.00 x
2014-12-31 Rp122.33 Rp550.00 x
2015-12-31 Rp131.09 Rp550.00 x
2016-12-31 Rp149.02 Rp550.00 x
2017-12-31 Rp162.32 Rp550.00 x
2018-12-31 Rp187.34 Rp550.00 x
2019-12-31 Rp394.12 Rp550.00 x
2020-12-31 Rp403.73 Rp550.00 x
2021-12-31 Rp633.55 Rp550.00 x
2022-12-31 Rp576.34 Rp550.00 x
2023-12-31 Rp302.90 Rp550.00 x
2024-12-31 Rp377.52 Rp550.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alkindo Naratama Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -0.85%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.47%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 2.01x
  • Recent ROE (-0.85%) is below the historical average (10.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 7.48% 2.49% 1.33x 2.27x Rp-2.05 Billion
2012 10.57% 3.30% 1.51x 2.12x Rp496.34 Million
2013 12.83% 3.40% 1.32x 2.85x Rp3.00 Billion
2014 9.50% 2.22% 1.38x 3.08x Rp-579.47 Million
2015 11.09% 2.55% 1.47x 2.95x Rp1.35 Billion
2016 10.12% 2.14% 1.62x 2.91x Rp164.75 Million
2017 8.58% 1.86% 1.42x 3.25x Rp-2.18 Billion
2018 13.69% 3.07% 1.50x 2.97x Rp6.53 Billion
2019 21.81% 8.27% 1.19x 2.22x Rp49.12 Billion
2020 22.34% 9.28% 1.16x 2.08x Rp56.68 Billion
2021 10.87% 5.21% 1.20x 1.74x Rp6.09 Billion
2022 8.60% 4.66% 0.89x 2.07x Rp-10.59 Billion
2023 0.34% 0.16% 0.94x 2.18x Rp-77.63 Billion
2024 -0.85% -0.47% 0.91x 2.01x Rp-110.60 Billion

Industry Comparison

This section compares Alkindo Naratama Tbk's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $718,033,148,108
  • Average return on equity (ROE) among peers: 5.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alkindo Naratama Tbk (ALDO) Rp1.05 Trillion 7.48% 0.95x $23.12 Million
Indah Kiat Pulp & Paper Tbk (INKP) $2.82 Billion 7.19% 1.44x $1.35 Billion
Toba Pulp Lestari Tbk (INRU) $2.16 Trillion 2.52% 2.02x $3.76 Million
Inter-Delta Tbk (INTD) $47.12 Billion 3.57% 0.06x $1.05 Million
Suparma Tbk (SPMA) $1.38 Trillion 9.51% 0.72x $3.21 Million
Pabrik Kertas Tjiwi Kimia Tbk (TKIM) $798.26 Million 3.38% 2.26x $584.28 Million