Obermatt

Steel Pipe Industry of Indonesia

JKT:ISSP · ID1000126709
Metals & MiningSmall

360

78
Medium confidence — indicative
Profit price25
Owner Earnings Yield63
Dividend Yield1
Price/Sales82
EV / Gross Profit65
Price/Book93
Return on Capital91
Cash Return on Capital69
Return on Equity86
EBIT Margin95
Gross Profitability73
Cash Conversion42
Accruals35
Owner Earnings Margin77
Sales growth25
Profit Growth41
Long-Term EPS Growth43
Owner Earnings Growth34
Reinvestment71
Price momentum69
Debt load46
Refinancing96
Debt Payback39
Liquidity37
Analyst ratings
Expectations trend
Market mood3
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Steel Pipe Industry of Indonesia doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryIndonesia
IndustryMetals & Mining
SizeSmall
TypePublic Company
ExchangeIDX
Employees262
Websitespindo.com
ISINID1000126709
Last UpdateApr 2, 2026
Themes
IndustrialManufacturing

Description

PT Steel Pipe Industry of Indonesia Tbk is an entity engaged in the manufacturing and distribution of steel pipes and related products in Indonesia and internationally. The company operates primarily in the steel industry, focusing on the production…

Analysis

Quality compounder

PT Steel Pipe Industry of Indonesia Tbk earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is fair. The owner-earnings multiple stands at 16.7×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 6/20 on our value-creation score: not creating value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
38
2026

All-time high

69

Mar 2026

All-time low

38

Jun 2026

Average rank

54

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
82
Price/Earnings
90
Price/Book
93
Dividend Yield
1
Value (overall)
74

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →