KRAKATAU STEEL

Year 2007
Revenue Aspects
Higher is better Gross Profit Margin 11.95%
Higher is better Operatin Profit Margin 5.34%
Higher is better Net Profit Margin 2.11%
Lower is better COGS to Revenue 88.05%
Lower is better Operatin Expense to Revenue 6.60%
Market Aspects
Earnings per share 31 Rp
Book Value per share 507,433 Rp
Return Aspect
Higher is better Return on Assets 2.82%
Higher is better Return on Equity 6.18%
Debt
Lower is better Debt to equity 88.02%
Lower is better Debt to Capital 135.19%
GUNAWAN DIANJAYA STEEL
Year 2007
Revenue Aspects
Higher is better Gross Profit Margin 21.01%
Higher is better Operatin Profit Margin 14.86%
Higher is better Net Profit Margin 7.76%
Lower is better COGS to Revenue 78.99%
Lower is better Operatin Expense to Revenue 6.15%
Market Aspects
Earnings per share 38,025 Rp
Book Value per share no data
Return Aspect
Higher is better Return on Assets 18.19%
Higher is better Return on Equity no data
Debt
Lower is better Debt to equity no data
Lower is better Debt to Capital no data
JAYA PARI STEEL
Year 2007
Revenue Aspects
Higher is better Gross Profit Margin 16.17%
Higher is better Operatin Profit Margin 12.70%
Higher is better Net Profit Margin 9.70%
Due of IPO its normal
the book value is
significantly
decreasing
Due of IPO its normal
the book value is
significantly
decreasing
Lower is better COGS to Revenue 83.83%
Lower is better Operatin Expense to Revenue 3.46%
Market Aspects
Earnings per share 55 Rp
Book Value per share 295 Rp
Return Aspect
Higher is better Return on Assets 15.61%
Higher is better Return on Equity 19.00%
Debt
Lower is better Debt to equity 21.82%
Lower is better Debt to Capital 64.00%
Revenue Aspects
Higher is better Gross Profit Margin 8%
Higher is better Operatin Profit Margin 8%
Higher is better Net Profit Margin 50%
Lower is better COGS to Revenue -1%
Lower is better Operatin Expense to Revenue 8%
Market Aspects
Earnings per share 38%
Book Value per share -89%
Return Aspect
Higher is better Return on Assets 29%
Higher is better Return on Equity 23%
Debt
Lower is better Debt to equity 0%
Lower is better Debt to Capital -12%
Due of IPO its normal
the book value is
significantly
decreasing
Due of IPO its normal
the book value is
significantly
decreasing for KS
KRAKATAU STEEL GUNAWAN DIANJAYA STEEL
TABLE COMPARASION
CAGR Calculation trend 2007 - 2010 CAGR Calculation trend 2007 - 2010
IF WE COMPARE THE THREE OF STEEL INDUSTRIES ABOIVE. WE CAN
SEE KRAKATAU STEEL IS MUCH BETTER THAN GUNAWAN DIANJAYA
STEEL AND JAYAPARI STEEL. YOU CAN SEE IN 4 ASPECTS KRAKATAU
STEEL IS MUCH MORE BETTER THAN THEM. SO ITS A GOOD
DECISION TO INVEST IN KRAKATAU STEEL DUE OF ITS PROMISING
BY GROWTH OF THE FINANCIAL PERFORMANCE.
BY GROWTH OF THE FINANCIAL PERFORMANCE.
Year 2008 Year 2009
Revenue Aspects Revenue Aspects
Gross Profit Margin 13.16% Gross Profit Margin
Operatin Profit Margin 6.59% Operatin Profit Margin
Net Profit Margin 2.23% Net Profit Margin
COGS to Revenue 86.84% COGS to Revenue
Operatin Expense to Revenue 6.57% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share 46 Rp Earnings per share
Book Value per share 543,976 Rp Book Value per share
Return Aspect Return Aspect
Return on Assets 2.99% Return on Assets
Return on Equity 8.45% Return on Equity
Debt Debt
Debt to equity 158.64% Debt to equity
Debt to Capital 261.23% Debt to Capital
5,769,230,769
Year 2008 Year 2009
Revenue Aspects Revenue Aspects
Gross Profit Margin 18.54% Gross Profit Margin
Operatin Profit Margin 18.54% Operatin Profit Margin
Net Profit Margin 2.75% Net Profit Margin
COGS to Revenue 86.84% COGS to Revenue
Operatin Expense to Revenue 4.73% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share 24,585 Rp Earnings per share
Book Value per share no data Book Value per share
Return Aspect Return Aspect
Return on Assets 3.97% Return on Assets
Return on Equity no data Return on Equity
Debt Debt
Debt to equity no data Debt to equity
Debt to Capital no data Debt to Capital
Year 2008 Year 2009
Revenue Aspects Revenue Aspects
Gross Profit Margin 15.69% Gross Profit Margin
Operatin Profit Margin 13.37% Operatin Profit Margin
Net Profit Margin 13.37% Net Profit Margin
COGS to Revenue 84.17% COGS to Revenue
Operatin Expense to Revenue 2.32% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share 65 Rp Earnings per share
Book Value per share 360 Rp Book Value per share
Return Aspect Return Aspect
Return on Assets 12.28% Return on Assets
Return on Equity 18.15% Return on Equity
Debt Debt
Debt to equity 47.78% Debt to equity
Debt to Capital 172.00% Debt to Capital
Revenue Aspects Revenue Aspects
Gross Profit Margin -6% Gross Profit Margin
Operatin Profit Margin -6% Operatin Profit Margin
Net Profit Margin 9% Net Profit Margin
COGS to Revenue 2% COGS to Revenue
Operatin Expense to Revenue -5% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share -92% Earnings per share
Book Value per share no data Book Value per share
Return Aspect Return Aspect
Return on Assets -4% Return on Assets
Return on Equity no data Return on Equity
Debt Debt
Debt to equity no data Debt to equity
Debt to Capital no data Debt to Capital
GUNAWAN DIANJAYA STEEL JAYA PARI STEEL
TABLE COMPARASION
CAGR Calculation trend 2007 - 2010 CAGR Calculation trend 2007 - 2010
WE COMPARE THE THREE OF STEEL INDUSTRIES ABOIVE. WE CAN
SEE KRAKATAU STEEL IS MUCH BETTER THAN GUNAWAN DIANJAYA
STEEL AND JAYAPARI STEEL. YOU CAN SEE IN 4 ASPECTS KRAKATAU
STEEL IS MUCH MORE BETTER THAN THEM. SO ITS A GOOD
DECISION TO INVEST IN KRAKATAU STEEL DUE OF ITS PROMISING
BY GROWTH OF THE FINANCIAL PERFORMANCE.
BY GROWTH OF THE FINANCIAL PERFORMANCE.
Year 2010
Revenue Aspects
7.01% Gross Profit Margin 15.04%
0.15% Operatin Profit Margin 6.68%
2.92% Net Profit Margin 7.15%
92.99% COGS to Revenue 84.96%
6.86% Operatin Expense to Revenue 8.36%
Market Aspects
39 Rp Earnings per share 81 Rp
580,584 Rp Book Value per share 588 Rp
Return Aspect
3.87% Return on Assets 6.04%
8.52% Return on Equity 11.43%
Debt
120.22% Debt to equity 89.20%
210.12% Debt to Capital 92.92%
Year 2010
Revenue Aspects
-11.45% Gross Profit Margin 17.37%
-12.73% Operatin Profit Margin 12.51%
-9.14% Net Profit Margin 10.00%
111% COGS to Revenue 82.63%
5.24% Operatin Expense to Revenue 5.32%
Market Aspects
26 Rp Earnings per share 21 Rp
82 Rp Book Value per share 79 Rp
Return Aspect
-15.45% Return on Assets 15.92%
-31.65% Return on Equity 26.51%
Debt
105% Debt to equity 66.41%
57% Debt to Capital 48.97%
Year 2010
Revenue Aspects
11.55% Gross Profit Margin 13.08%
6.60% Operatin Profit Margin 8.88%
0.66% Net Profit Margin 6.54%
88.12% COGS to Revenue 86.92%
4.95% Operatin Expense to Revenue 3.97%
Market Aspects
2 Rp Earnings per share 38 Rp
363 Rp Book Value per share 400 Rp
Return Aspect
0.01% Return on Assets 6.81%
0.74% Return on Equity 9.33%
Debt
30.51% Debt to equity 37.00%
110.67% Debt to Capital 148.00%
-7%
-11%
-12%
1%
5%
-12%
11%
-24%
-21%
19%
32%
JAYA PARI STEEL
TABLE COMPARASION
CAGR Calculation trend 2007 - 2010
CAGR Calculation trend 2007 - 2010 CAGR Calculation trend 2008 - 2010
Revenue Aspects Revenue Aspects
Gross Profit Margin 7.98% Gross Profit Margin
Operatin Profit Margin 7.75% Operatin Profit Margin
Net Profit Margin 50.16% Net Profit Margin
COGS to Revenue -1.19% COGS to Revenue
Operatin Expense to Revenue 8.17% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share 38% Earnings per share
Book Value per share -89% Book Value per share
Return Aspect Return Aspect
Return on Assets 28.94% Return on Assets
Return on Equity 22.78% Return on Equity
Debt Debt
Debt to equity 0.44% Debt to equity
Debt to Capital -11.75% Debt to Capital
CAGR Calculation trend 2007 - 2010 CAGR Calculation trend 2008 - 2010
Revenue Aspects Revenue Aspects
Gross Profit Margin -6.14% Gross Profit Margin
Operatin Profit Margin -5.57% Operatin Profit Margin
Net Profit Margin 8.83% Net Profit Margin
COGS to Revenue 1.51% COGS to Revenue
Operatin Expense to Revenue -4.69% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share -92% Earnings per share
Book Value per share no data Book Value per share
Return Aspect Return Aspect
Return on Assets -4.34% Return on Assets
Return on Equity no data Return on Equity
Debt Debt
Debt to equity no data Debt to equity
Debt to Capital no data Debt to Capital
CAGR Calculation trend 2007 - 2010 CAGR Calculation trend 2008 - 2010
Revenue Aspects Revenue Aspects
Gross Profit Margin -6.81% Gross Profit Margin
Operatin Profit Margin -11.25% Operatin Profit Margin
Net Profit Margin -12.30% Net Profit Margin
COGS to Revenue 1.21% COGS to Revenue
Operatin Expense to Revenue 4.66% Operatin Expense to Revenue
Market Aspects Market Aspects
Earnings per share -12% Earnings per share
Book Value per share 11% Book Value per share
Return Aspect Return Aspect
Return on Assets -24.15% Return on Assets
Return on Equity -21.10% Return on Equity
Debt Debt
Debt to equity 19.25% Debt to equity
Debt to Capital 32.24% Debt to Capital
CAGR Calculation trend 2009 - 2010
Revenue Aspects
6.90% Gross Profit Margin 114.64%
0.68% Operatin Profit Margin 4257.89%
79.20% Net Profit Margin 144.58%
-1.09% COGS to Revenue -8.64%
12.79% Operatin Expense to Revenue 21.94%
Market Aspects
33% Earnings per share 107.69%
-97% Book Value per share -99.90%
Return Aspect
42.19% Return on Assets 56.33%
16.34% Return on Equity 34.20%
Debt
-25.01% Debt to equity -25.80%
-40.36% Debt to Capital -55.78%
CAGR Calculation trend 2009 - 2010
Revenue Aspects
-3.20% Gross Profit Margin -251.70%
-17.83% Operatin Profit Margin -198.32%
90.78% Net Profit Margin -209.47%
-2.45% COGS to Revenue -25.86%
6.03% Operatin Expense to Revenue 1.54%
Market Aspects
-97% Earnings per share -19.23%
no data Book Value per share -4.09%
Return Aspect
100.36% Return on Assets -203.07%
no data Return on Equity -183.78%
Debt
no data Debt to equity -36.56%
no data Debt to Capital -13.68%
CAGR Calculation trend 2009 - 2010
Revenue Aspects
-8.68% Gross Profit Margin 13.27%
-18.51% Operatin Profit Margin 34.51%
-30.05% Net Profit Margin 891.12%
1.62% COGS to Revenue -1.37%
30.78% Operatin Expense to Revenue -19.77%
Market Aspects
-24% Earnings per share 1800.00%
5% Book Value per share 10.29%
Return Aspect
-25.52% Return on Assets 74157.91%
-28.29% Return on Equity 1169.33%
Debt
-12.00% Debt to equity 21.25%
-7.24% Debt to Capital 33.73%
The healty classification of steel industries using Financial Scoring Framework
Year 2010
Krakatau Steel Exhibit 1
Financial Indicators Ratio Score
Higher better Return of Equity 11% 16
Higher better Return of investment 13% 12
Higher better Cash Ratio 82% 5
Higher better Current Ratio 177% 5
Lower Better Collection Period 29.09793 5
Lower Better Inventory Turnover 160.9211 3
Higher better Total Asset Turnover 84% 7
Closer to 30 - 40 % is better Total Equity to Total Asset 53% 2.5
Total Score 55.5
Category Healthy Grade A
The healty classification of steel industries using Financial Scoring Framework
Year 2010
Jayapari Steel Exhibit 1
Financial Indicators Ratio Score
Return of Equity 9% 14
Return of investment 14% 12
Cash Ratio 12% 2
Current Ratio 277% 5
Collection Period 79.87263413 4.5
Inventory Turnover 95.35322969 4
Total Asset Turnover 104% 4
Total Equity to Total Asset 73% 7.5
Total Score 53
Category Category Less Healthy Grade BBB
Year 2010
Gunawan Dianjaya Steel Exhibit 1
Financial Indicators Ratio Score
Return of Equity 27% 20
Return of investment 34% 15
Cash Ratio 1% 0
Current Ratio 169% 5
Collection Period 19.96297 5
Inventory Turnover 118.86 4
Total Asset Turnover 159% 5
Total Equity to Total Asset 60% 8.5
62.5
Category Healthy Grade AA
Most welfare company
than the other companies
in 2010