Fore Coffee Tbk
PT Fore Kopi Indonesia Tbk operates coffee stores under the Fore Coffee brand in Indonesia and Singapore. It operates through Beverages, Foods, and Others segments. The company was founded in 2018 and is headquartered in Jakarta Pusat, Indonesia. PT Fore Kopi Indonesia Tbk is a subsidiary of Fore Holdings Pte. Ltd.
Fore Coffee Tbk (FORE) - Net Assets
Latest net assets as of June 2025: Rp633.26 Billion IDR
Based on the latest financial reports, Fore Coffee Tbk (FORE) has net assets worth Rp633.26 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.02 Trillion) and total liabilities (Rp390.79 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 | Rp633.26 Billion |
| % of Total Assets | 61.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Fore Coffee Tbk - Net Assets Trend (2021–2024)
This chart illustrates how Fore Coffee 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 Fore Coffee Tbk (2021–2024)
The table below shows the annual net assets of Fore Coffee Tbk from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp253.12 Billion | +226.68% |
| 2023-12-31 | Rp77.48 Billion | +125.34% |
| 2022-12-31 | Rp-305.80 Billion | -24.21% |
| 2021-12-31 | Rp-246.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fore Coffee 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 decreased by 105187500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp492.69 Billion | 194.64% |
| Other Comprehensive Income | Rp23.41 Million | 0.01% |
| Other Components | Rp27.42 Billion | 10.83% |
| Total Equity | Rp253.12 Billion | 100.00% |
Fore Coffee Tbk Competitors by Market Cap
The table below lists competitors of Fore Coffee Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHU KONG PETRO GAS
BE:YCK
|
$268.77 |
|
JPMORGAN EMERGING EUROPE MIDDLE EAST & AFRICA SECURITIES PLCc
LSE:JEMA
|
$269.32 |
|
BlackRock American Income Trust Ord
LSE:BRAI
|
$269.38 |
|
Hoshi Resource Corp.
V:HRC-P
|
$270.21 |
|
Oilboy Energy L
KAR:OBOY
|
$268.01 |
|
Fidelity Japanese Values PLC ORD
LSE:FJV
|
$267.64 |
|
Galenfeha Inc
PINK:GLFH
|
$266.98 |
|
Hydrogen Engine Center Inc
PINK:HYEG
|
$266.87 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fore Coffee Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 77,484,680,000 to 253,123,293,000, a change of 175,638,613,000 (226.7%).
- Net income of 58,219,108,000 contributed positively to equity growth.
- Share repurchases of 34,850,543,660 reduced equity.
- Other comprehensive income decreased equity by 7,331,033,000.
- Other factors increased equity by 159,601,081,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp58.22 Billion | +23.0% |
| Share Repurchases | Rp34.85 Billion | -13.77% |
| Other Comprehensive Income | Rp-7.33 Billion | -2.9% |
| Other Changes | Rp159.60 Billion | +63.05% |
| Total Change | Rp- | 226.68% |
Book Value vs Market Value Analysis
This analysis compares Fore Coffee 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: 10.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Rp-27.61 | Rp484.00 | x |
| 2022-12-31 | Rp-34.29 | Rp484.00 | x |
| 2023-12-31 | Rp8.69 | Rp484.00 | x |
| 2024-12-31 | Rp44.37 | Rp484.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fore Coffee 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): 23.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.61%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 2.53x
- Recent ROE (23.00%) is above the historical average (6.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -31.49% | 0.67x | 0.00x | Rp-9.19 Billion |
| 2022 | 0.00% | -20.90% | 1.61x | 0.00x | Rp-29.35 Billion |
| 2023 | 1.49% | 0.24% | 1.42x | 4.38x | Rp-6.59 Billion |
| 2024 | 23.00% | 5.61% | 1.62x | 2.53x | Rp32.91 Billion |
Industry Comparison
This section compares Fore Coffee Tbk's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $427,899,041,547
- Average return on equity (ROE) among peers: 14.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fore Coffee Tbk (FORE) | Rp633.26 Billion | 0.00% | 0.62x | $268.19 |
| PT Bersama Mencapai Puncak Tbk (BAIK) | $65.40 Billion | 17.51% | 0.21x | $4.09 Million |
| Cipta Selera Murni Pt (CSMI) | $70.96 Billion | 4.01% | 1.12x | $1.03 Million |
| PT Jaya Bersama Indo Tbk (DUCK) | $902.34 Billion | 16.13% | 0.61x | $12.99 Million |
| Champ Resto Indonesia PT (ENAK) | $283.64 Billion | 6.29% | 2.84x | $5.63 Million |
| Fast Food Indonesia Tbk (FAST) | $1.10 Trillion | 14.20% | 0.84x | $20.08 Million |
| PT Indo Boga Sukses Tbk (IBOS) | $184.60 Billion | 3.09% | 0.12x | $25.86 Million |
| PT Puri Sentul Permai Tbk (KDTN) | $29.32 Billion | 56.46% | 0.48x | $9.55 Million |
| Lima Dua Lima Tiga PT (LUCY) | $38.66 Billion | 0.67% | 0.39x | $23.30 Million |
| Map Boga Adiperkasa Tbk PT (MAPB) | $1.18 Trillion | 11.52% | 1.19x | $17.71 Million |