Fortune Indonesia Tbk
PT Fortune Indonesia Tbk operates as an advertising agency in Indonesia. The company offers public relation advertising services comprising of brand consultancy, media intelligence, social marketing, communication, and digital and social media related services. PT Fortune Indonesia Tbk was founded in 1970 and is based in Jakarta Selatan, Indonesia. PT Fortune Indonesia Tbk is a subsidiary of Imr … Read more
Fortune Indonesia Tbk (FORU) - Net Assets
Latest net assets as of September 2025: Rp24.25 Billion IDR
Based on the latest financial reports, Fortune Indonesia Tbk (FORU) has net assets worth Rp24.25 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp29.97 Billion) and total liabilities (Rp5.72 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 | Rp24.25 Billion |
| % of Total Assets | 80.91% |
| Annual Growth Rate | -1.14% |
| 5-Year Change | -33.44% |
| 10-Year Change | -80.65% |
| Growth Volatility | 22.08 |
Fortune Indonesia Tbk - Net Assets Trend (2001–2024)
This chart illustrates how Fortune Indonesia 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 Fortune Indonesia Tbk (2001–2024)
The table below shows the annual net assets of Fortune Indonesia Tbk from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp25.95 Billion | -23.46% |
| 2023-12-31 | Rp33.91 Billion | -7.46% |
| 2022-12-31 | Rp36.64 Billion | -9.51% |
| 2021-12-31 | Rp40.50 Billion | +3.86% |
| 2020-12-31 | Rp38.99 Billion | -38.65% |
| 2019-12-31 | Rp63.56 Billion | +1.35% |
| 2018-12-31 | Rp62.71 Billion | -11.00% |
| 2017-12-31 | Rp70.46 Billion | -44.58% |
| 2016-12-31 | Rp127.13 Billion | -5.19% |
| 2015-12-31 | Rp134.09 Billion | +2.81% |
| 2014-12-31 | Rp130.43 Billion | -1.91% |
| 2013-12-31 | Rp132.97 Billion | +5.83% |
| 2012-12-31 | Rp125.65 Billion | +8.05% |
| 2011-12-31 | Rp116.29 Billion | +10.55% |
| 2010-12-31 | Rp105.19 Billion | +7.99% |
| 2009-12-31 | Rp97.41 Billion | +5.10% |
| 2008-12-31 | Rp92.68 Billion | +9.11% |
| 2007-12-31 | Rp84.95 Billion | +7.45% |
| 2006-12-31 | Rp79.05 Billion | +4.30% |
| 2005-12-31 | Rp75.80 Billion | +9.74% |
| 2004-12-31 | Rp69.07 Billion | +7.69% |
| 2003-12-31 | Rp64.14 Billion | +6.05% |
| 2002-12-31 | Rp60.48 Billion | +78.99% |
| 2001-12-31 | Rp33.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortune Indonesia 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 904.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp46.52 Billion | 179.26% |
| Other Comprehensive Income | Rp13.63 Billion | 52.52% |
| Other Components | Rp7.15 Billion | 27.55% |
| Total Equity | Rp25.95 Billion | 100.00% |
Fortune Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Fortune Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STONE ONE PUBLIC COMPANY LIMITED
BK:STX
|
$3.45 Million |
|
ERG S.A.
WAR:ERG
|
$3.45 Million |
|
SiamEast Solutions Public Company Limited
BK:SE
|
$3.45 Million |
|
Bellatora Inc
PINK:ECGR
|
$3.45 Million |
|
Kontrol Technologies Corp
OTCQB:KNRLF
|
$3.44 Million |
|
ERWE Immobilien AG
F:ERWE
|
$3.44 Million |
|
Oron Group Investments & Holdings Ltd
TA:ORON
|
$3.44 Million |
|
Nutex Investments PLC
BUD:NUTEX
|
$3.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortune Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,907,916,385 to 25,952,273,000, a change of -7,955,643,385 (-23.5%).
- Net loss of 7,950,087,058 reduced equity.
- Other comprehensive income decreased equity by 449.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-7.95 Billion | -30.63% |
| Other Comprehensive Income | Rp-449.00 | -0.0% |
| Other Changes | Rp-5.56 Million | -0.02% |
| Total Change | Rp- | -23.46% |
Book Value vs Market Value Analysis
This analysis compares Fortune Indonesia 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: 18.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.84x to 18.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp269.44 | Rp1035.00 | x |
| 2013-12-31 | Rp285.08 | Rp1035.00 | x |
| 2014-12-31 | Rp279.54 | Rp1035.00 | x |
| 2015-12-31 | Rp287.35 | Rp1035.00 | x |
| 2016-12-31 | Rp272.30 | Rp1035.00 | x |
| 2017-12-31 | Rp151.45 | Rp1035.00 | x |
| 2018-12-31 | Rp134.80 | Rp1035.00 | x |
| 2019-12-31 | Rp136.62 | Rp1035.00 | x |
| 2020-12-31 | Rp83.81 | Rp1035.00 | x |
| 2021-12-31 | Rp87.05 | Rp1035.00 | x |
| 2022-12-31 | Rp78.76 | Rp1035.00 | x |
| 2023-12-31 | Rp72.89 | Rp1035.00 | x |
| 2024-12-31 | Rp55.78 | Rp1035.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortune Indonesia 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): -30.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.14%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.35x
- Recent ROE (-30.63%) is below the historical average (-4.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.28% | 4.32% | 0.95x | 1.29x | Rp-2.85 Billion |
| 2003 | 5.69% | 2.45% | 1.33x | 1.74x | Rp-2.76 Billion |
| 2004 | 7.05% | 2.42% | 2.03x | 1.44x | Rp-2.03 Billion |
| 2005 | 8.59% | 2.95% | 1.68x | 1.74x | Rp-1.07 Billion |
| 2006 | 4.13% | 1.36% | 1.63x | 1.86x | Rp-4.63 Billion |
| 2007 | 8.59% | 2.19% | 1.74x | 2.25x | Rp-1.19 Billion |
| 2008 | 9.85% | 2.52% | 1.87x | 2.08x | Rp-142.93 Million |
| 2009 | 6.77% | 1.61% | 1.77x | 2.37x | Rp-3.14 Billion |
| 2010 | 9.19% | 1.97% | 1.77x | 2.63x | Rp-846.84 Million |
| 2011 | 11.14% | 2.56% | 1.90x | 2.29x | Rp1.32 Billion |
| 2012 | 10.04% | 2.62% | 1.87x | 2.05x | Rp50.08 Million |
| 2013 | 7.94% | 2.59% | 1.55x | 1.99x | Rp-2.73 Billion |
| 2014 | 3.02% | 0.97% | 1.54x | 2.01x | Rp-9.08 Billion |
| 2015 | 1.53% | 0.47% | 1.52x | 2.12x | Rp-11.32 Billion |
| 2016 | -4.87% | -1.74% | 1.37x | 2.04x | Rp-18.83 Billion |
| 2017 | -81.35% | -19.11% | 1.67x | 2.55x | Rp-64.37 Billion |
| 2018 | -12.23% | -4.92% | 1.27x | 1.96x | Rp-13.94 Billion |
| 2019 | 1.05% | 0.76% | 0.97x | 1.42x | Rp-5.69 Billion |
| 2020 | -62.71% | -57.71% | 0.87x | 1.25x | Rp-28.35 Billion |
| 2021 | 3.73% | 3.21% | 1.01x | 1.15x | Rp-2.54 Billion |
| 2022 | -10.53% | -8.24% | 0.92x | 1.40x | Rp-7.52 Billion |
| 2023 | -8.02% | -6.39% | 1.04x | 1.21x | Rp-6.11 Billion |
| 2024 | -30.63% | -20.14% | 1.13x | 1.35x | Rp-10.55 Billion |
Industry Comparison
This section compares Fortune Indonesia Tbk's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $2,441,261,338,604
- Average return on equity (ROE) among peers: 44.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortune Indonesia Tbk (FORU) | Rp24.25 Billion | 5.28% | 0.24x | $3.45 Million |
| Digital Mediatama Maxima PT (DMMX) | $23.90 Billion | 31.68% | 0.40x | $29.27 Million |
| Era Media Sejahtera (DOOH) | $2.72 Billion | 77.95% | 5.97x | $17.19 Million |
| Media Nusantara Citra Tbk PT (MNCN) | $7.30 Trillion | 22.71% | 0.23x | $61.76 Million |