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TOMMI PRADANA (18898)
ZULFIKAR (18907)
PUTRI NOVITA SARI H (56401)
EMILIYA ROSITA (18915)
INDAH RAHMADHANI (56375)
Kelompok 4
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PT Tiga Pilar Sejahtera Food, Tbk
PROFIL PT 3 PILAR SEJAHTERA FOOD Tbk
LIQUIDITY RATIO
SOLVABILITY RATIO
PROFITABILITY RATIO
VALUATION RATIO
Profil PT Tiga Pilar Sejahtera Food, Tbk
• Nama: PT Tiga Pilar Sejahtera Food, Tbk• kode: (IDX: AISA)• Industri: Makanan• Didirikan :1959• Kantor pusat: Jakarta, Indonesia• Tokoh penting: Stefanus Joko Magoginto (CEO),
Hendra Adisubrata (COO) dan Edi Susanto (CFO)• Produk: Makanan• Karyawan: 1.567• web: www.tigapilar.com
Profil PT 3 pilar sejahtera food• PT Tiga Pilar Sejahtera Food
Tbk merupakan perusahaan multinasional yang memproduksi makanan yang bermarkas di Jakarta. Perusahaan ini didirikan pada tahun 1959. Perusahaan ini menghasilkan berbagai macam-macam bahan makanan.
• tahun 1959, almarhum Tan Pia Sioe mendirikan bisnis keluarga yang sekarang berkembang menjadi PT Tiga Pilar Sejahtera Food, Tbk. Sebuah Bisnis keluarga yang AWALNYA memproduksi bihun jagung dengan nama Perusahaan Bihun Cap Cangak Ular di Sukoharjo, Jawa Tengah. Sampai hari ini, kultur manajemen yang erat seperti sebuah keluarga adalah salah satu nilai yang terus dipertahankan oleh generasi ketiga dari sang pendiri.
• Untuk memenuhi permintaan pasar akan produk makanan yang terus tumbuh, PT Tiga Pilar Sejahtera pada tahun 1992 menjadi perusahaan publik pada 2003. TPS-Food selalu menekankan pentingnya produk yang berkualitas dan memberikan nilai tambah kepada konsumen. Berbekal pengalaman yang panjang, tradisi, serta loyalitas konsumen; TPS-Food berhasil meraih posisi sebagai produsen mi kering dan bihun terdepan di pasar Indonesia.
• Komitmen TPS-Food untuk menghasilkan produk yang terbaik, diterima oleh pasar, dan berkualitas tinggi dibuktikan dengan diperolehnya sertifikat ISO 9001:2002, HACCP, dan sertifikasi Halal.
• Standar produksi yang tinggi dan jaringan distribusi yang luas memperkuat PT Tiga Pilar Sejahtera Food Tbk sebagai salah satu pilihan konsumen.
Merek makanan• Ayam 2 Telor• Mie Instan
Superior• Mie Kremezz• Bihunku• Gulas Candy• Pio• Growie• Fetuccini
• Shorr• Yumi• HAHAMIE• Mikita• Hayomi• Din Din• Juzz and Juzz• Gin Gins
Anak prusahaan• PT Tiga Pilar Sejahtera (TPS) Solo Industri dan
Perdagangan spt: Mie/Snack• PT Asianiaga Prakarsatama (ANP)* Jakarta
Distribusi, Perdagangan dan Keagenan• PT Naga Mas Sakti Perkasa (NSP)* Jakarta
Industri Pengolahan Hasil Laut• PT Poly Meditra Indonesia (PMI) Solo Industri
Makanan Ringan• PT Bumiraya Investindo (BRI) Jakarta Industri
Perkebunan Kelapa Sawit• PT Patra Power Nusantara (PPN) Solo Industri
Pembangkit Tenaga Listrik
Liquity ratioRatio Likuditas 2007 2008 2009 2010
current ratio 0.91 0.87 1.17 1.29current ratio industri 1.73 2.57 2.55 2.44cash ratio 0.09 0.07 0.06 0.03cash ratio industri 0.31 0.65 0.84 0.79quick ratio 0.33 0.30 0.44 0.34quick ratio industri 0.49 1.15 1.13 1.20days sales in receivable 21.48 3.55 21.81 6.12days sales in receivable industri 38.52 41.70 45.64 71.53days sales in inventory 49.80 19.24 21.59 89.78days sales in inventory industri 84.87 73.06 78.80 134.17days sales in account payable 176.49 62.84 6.51 139.79days sales in account payable industri 15.96 41.59 43.67 43.88net trade cycle analysis 40.38 36.25 66.66 68.60net trade cycle analysis industri 87.63 82.17 91.55 165.12
Liquidity ratio
2007 2008 2009 20100.00
0.50
1.00
1.50
2.00
2.50
3.00
0.91 0.87 1.17 1.29
1.73
2.57 2.55 2.44
CURRENT RATIOcurrent ratio current ratio industri
Liquidity ratio
2007 2008 2009 20100.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90
0.09 0.07 0.06 0.03
0.31
0.65
0.84 0.79
Cash ratiocash ratio cash ratio industri
Liquidity ratio
2007 2008 2009 20100.00 0.20 0.40 0.60 0.80 1.00 1.20
0.33 0.30 0.44
0.34
0.49
1.15 1.13 1.20
Quick ratioquick ratio quick ratio industri
2007 2008 2009 20100.00
10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00
21.48
3.55
21.81
6.12
38.52 41.70 45.64
71.53
days sales in receivabledays sales in receivable days sales in receivable industri
Liquidity ratio
Liquidity ratio
2007 2008 2009 20100.00
20.00 40.00 60.00 80.00
100.00 120.00 140.00
49.80
19.24 21.59
89.78 84.87
73.06 78.80
134.17
Days sales in inventorydays sales in inventory days sales in inventory industri
Liquidity ratio
2007 2008 2009 20100.00
50.00
100.00
150.00
200.00 176.49
62.84
6.51
139.79
15.96 41.59 43.67 43.88
Days sales in acc payable in-dustri
days sales in account payable days sales in account payable industri
Liquidity ratio
2007 2008 2009 20100.00
20.0040.0060.0080.00
100.00120.00140.00160.00180.00
40.38 36.2566.66 68.60
87.63 82.17 91.55
165.12
Net trade cycle analysisnet trade cycle analysis net trade cycle analysis industri
Ratio Solvabilitas 2007 2008 2009 2010debt ratio 0.56 0.62 0.68 0.70debt ratio industri 8.21 4.80 4.29 5.46long term debt to total asset 0.18 0.26 0.41 0.43long term debt to total asset industri 4.51 1.33 1.32 1.83debt equity ratio 1.26 1.60 2.14 2.34debt equity ratio industri 13.92 7.79 6.64 8.97long term debt to equity ratio 0.04 0.07 0.15 0.21long term debt to equity ratio industri 4.78 2.25 2.13 3.09earning converage 0.06 0.04 0.12 0.17earning converage industri 45.02 123.09 53.90 108.34
Solvability ratio
20072008
20092010
0.00 2.00 4.00 6.00 8.00
10.00
0.56 0.62 0.68 0.70
8.21
4.80 4.29 5.46
Debt ratiodebt ratio debt ratio industri
Solvability ratio
12
34
0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00
0.18 0.26 0.41 0.43
4.51
1.33 1.32 1.83
long term debt to total asset long term debt to total asset industri
Solvability ratio
2007 2008 2009 2010
0.00
5.00
10.00
15.00
1.26 1.60 2.14 2.34
13.92
7.79 6.64 8.97
Debt equity ratiodebt equity ratio debt equity ratio industri
Solvability ratio
20072008
20092010
0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00
0.04 0.07 0.15
0.21
4.78
2.25 2.13
3.09
Long term debt to equity ratiolong term debt to equity ratio long term debt to equity ratio industri
Solvability ratio
20072008
20092010
0.00
20.00
40.00
60.00
80.00
100.00
120.00
140.00
0.06 0.04
0.12 0.17
45.02
123.09
53.90
108.34
Earning converageearning converage earning converage industri
PROFITABILYTY RATIO 2007 2008 2009 2010ROI 14.00% 12.50% 8.90% 4.30%ROI industri 8.75% 15.27% 16.62% 16.62%ROA 5.60% 4.10% 3.20% 1.50%ROA industri 2.68% 10.01% 11.74% 11.65%ROE 14.60% 10.10% 9.20% 4.90%ROE industri 4.97% 15.58% 33.08% 30.97%OPERATING PERFORMANCE:perspektif labaGross profit margin 23.80% 31.30% 28.70% 31.30%Gross profit margin industri 17.80% 25.35% 28.45% 31.76%Operating profit margin 16.80% 23.10% 19.80% 23.50%Operating profit margin industri 7.55% 12.40% 13.23% 15.16%PreTax profit margin 7.90% 10.80% 9.80% 1.30%PreTax profit margin industri 4.25% 7.11% 12.72% 13.78%Net profit margin 6.70% 7.70% 7.10% 8.20%Net profit margin industri 2.72% 5.86% 9.45% 10.14%
profitability ratio
20072008
20092010
0.00%
5.00%
10.00%
15.00%
20.00%14.00%
12.50%
8.90%
4.30%
8.75%
15.27% 16.62% 16.62%
ROIROI ROI industri
2007 2008 2009 2010
0.00%2.00%4.00%6.00%8.00%
10.00%12.00%
5.60%4.10%
3.20%
1.50%
2.68%
10.01% 11.74% 11.65%
ROAROA ROA industri
profitability ratio
profitability ratio
20072008
20092010
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
14.60%
10.10%9.20%
4.90%
4.97%
15.58%
33.08%
30.97%
ROEROE ROE industri
profitability ratio
2007 2008 2009 20100.00%5.00%
10.00%15.00%20.00%25.00%30.00%35.00%
23.80%
31.30%28.70%
31.30%
17.80%
25.35%28.45%
31.76%
Gross profit marginGross profit margin Gross profit margin industri
profitability ratio
2007 2008 2009 20100.00%
5.00%
10.00%
15.00%
20.00%
25.00%16.80%
23.10%19.80%
23.50%
7.55%
12.40% 13.23%15.16%
Operating profit marginOperating profit margin Operating profit margin industri
profitability ratio
2007 2008 2009 20100.00%2.00%4.00%6.00%8.00%
10.00%12.00%14.00%
7.90%
10.80%9.80%
1.30%
4.25%
7.11%
12.72%13.78%
PreTax profit marginPreTax profit margin industri
profitability ratio
2007 2008 2009 20100.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
6.70%7.70% 7.10%
8.20%
2.72%
5.86%
9.45% 10.14%
Net profit marginNet profit margin industri
profitability ratio
2007 2008 2009 20100.00%
10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00% 76.17%
68.74% 71.31% 68.68%
82.20%
62.77% 61.60% 58.67%
%HPP hpp industri
profitability ratio
2007 2008 2009 20100.00%
2.00%
4.00%
6.00%
8.00%
10.00%
3.96% 4.10% 4.05% 3.95%
6.54%
9.50%
6.84%7.86%
% B.PENJUALANb.penjualan industri
profitability ratio
2007 2008 2009 20100.00%
1.00%
2.00%
3.00%
4.00%
5.00%
3.11%
4.06%4.86%
3.82%3.73%
4.60%
3.70% 3.41%
%B.ADM & UMUMb.adm & umum industri
profitability ratio
2007 2008 2009 2010-0.50
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
-0.07-0.12
-0.10-0.13
-0.28
4.17
2.42
1.71
PENDAPATAN
% PENDAPATAN/BEBAN LAIN LAIN
RATA-RATA INDUSTRI
profitability ratio
2007 2008 2009 20100.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
8.00%
11.00% 11.00%12.00%
%B.BUNGA b.bunga industri
profitability ratio
2007 2008 2009 2010
-0.50
0.00
0.50
1.00
1.50
2.00
-0.01 -0.03 -0.03 -0.02
-0.23
1.95
1.751.63
BEBAN PPH
% BEBAN PPH RATA-RATA INDUSTRI
profitability ratio
2007 2008 2009 20100.00
10.00
20.00
30.00
40.00
50.00
32.2826.99 26.15
16.86
45.42 44.19 41.01
30.94
cash TO cash TO industri
profitability ratio
2007 2008 2009 20100.002.004.006.008.00
10.0012.00
7.176.20
4.71
1.99
11.79 11.3410.33
7.93
acc. Receivable TOacc. Receivable TO industri
profitability ratio
2007 2008 2009 20100.001.002.003.004.005.006.00
3.21
1.93 1.77
0.63
4.595.12
4.43 4.66
Inventory TOInventory TO industri
profitability ratio
2007 2008 2009 2010
(80.00)(60.00)(40.00)(20.00)
0.00 20.00 40.00 60.00
-63.64
-13.18
59.84
2.86-9.20
0.16 6.49 3.14
Chart Title
WC TO WC TO industri
profitability ratio
2007 2008 2009 20100.000.501.001.502.002.503.003.504.00
1.661.01 0.97
0.52
3.403.95
3.39 3.51
fixed asset TOfixed asset TO industri
profitability ratio
2007 2008 2009 20100.000.200.400.600.801.001.201.401.60
0.84
0.54 0.450.18
1.351.46
1.25 1.23
total asset TOtotal asset TO industri
valuation
no valuation 2007 2008 2009 2010
1 KAPITALISASI PASAR 783,750,000,000Rp 710,600,000,000Rp 601,920,000,000Rp 1,304,160,000,000Rp lembar saham biasa beredar 1045000000 1672000000 1672000000 1672000000
2 Nilai Saham:nilai nominalnilai buku 335Rp 234Rp 256Rp 344Rp nilai pasar 750 425 360 780
3 EPS 31Rp 22Rp 23Rp 15Rp 4 DPS5 PAY OUT RATIO6 DEVIDEND COVE7 EARNING YIELD 0.04 0.05 0.06 0.028 DEVIDEND YIELD9 PER 24.1 18.97 15.93 52.6910 market to boo ratio 2.24 1.82 1.4 2.27
valuation
20072008
20092010
Rp- Rp200,000,000,000 Rp400,000,000,000 Rp600,000,000,000 Rp800,000,000,000
Rp1,000,000,000,000 Rp1,200,000,000,000 Rp1,400,000,000,000
Rp783,750,000,
000
Rp710,600,000,000
Rp601,920,000,
000
Rp1,304,160,00
0,000
KAPITALISASI PASARKAPITALISASI PASAR
valuation
20072008
20092010
Rp- Rp50
Rp100 Rp150 Rp200 Rp250 Rp300 Rp350
Rp335
Rp234 Rp256
Rp344
nilai bukunilai buku
valuation
20072008
20092010
Rp-
Rp10
Rp20
Rp30
Rp40 Rp31
Rp22 Rp23
Rp15
EPSEPS
20072008
20092010
0
0.01
0.02
0.03
0.04
0.05
0.06
0.04
0.05
0.06
0.02
EARNING YIELDEARNING YIELD
20072008
20092010
0
10
20
30
40
50
60
24.1
18.9715.93
52.69
PERPER
valuation
20072008
20092010
2.24
1.82
1.4
2.27
market to boo ratiomarket to boo ratio