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ANEKA TAMBANG (PERSERO) TBK (PT) (ATM)

ANEKA TAMBANG (PERSERO) TBK (PT) (ATM)

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General Information
Company Name: Aneka Tambang (Persero) Tbk (Pt)
Stock Code: ATM
Website: www.antam.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 2,385
Equiv. Shares (M): 1,908

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 1.250 $ 0.000 $ 0.000 $ 0.000 $ 1.250 0 0%

Company Overview

Business Description:
Aneka Tambang (Persero) Tbk (Pt) (ATM) is a vertically integrated Indonesian mining and metals company involved in all stages of the mining process. Antam’s main products are ferronickel, high grade nickel ore, low grade nickel ore, gold, silver, and bauxite. Antam's main service is precious metal refining for third parties. It is listed on the Indonesian and Australian Stock Exchange.

Strategy Analysis:
ATM aim to enhance value by lowering costs while profitably expanding operations in a sustainable manner. Growth is to be achieved through expansion projects, strategic alliances, acquisitions, increasing quality reserves and adding value by moving away from selling raw materials and increasing processing activities.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A 207.5 2.2 15.8 57.9 0.0 0.0 --
2010  A 184.1 1.9 137.5 62.8 0.0 0.0 --
2009  A 71.7 0.8 -57.9 146.9 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
Aneka Tambang (ATM) $2,385 M 0.1295 -- -- 57.3394 -- -- 0.0000 -- --
BHP Billiton (BHP) $102,742 M 0.3914 -0.0372 0.2637 8.7762 9.1155 7.2131 0.0294 0.0352 0.0372
Iluka Resources (ILU) $5,259 M 13.0255 0.5928 0.5960 10.3888 6.5223 4.0867 0.0597 0.0796 0.1027
Rio Tinto (RIO) $24,559 M 0.1301 -0.0179 0.1738 7.1298 7.2595 6.1846 0.0253 0.0290 0.0323
Sims Metal Management (SGM) $2,522 M 0.4412 -0.1701 0.6612 13.1777 15.8782 9.5584 0.0384 0.0361 0.0471

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
ATM 2.66 57.3 10.29 -- 10.51
Market 1.12 11.1 0.96 2.31 2.55
Sector 0.41 9.48 1.05 1.04 14.3

Directors
Name Position Start Date
Mr Alwin Syah Loebis Chief Executive Officer,Executive Chairman,President Director 26 June 2003
Djaja Tambunan Executive Director 26 June 2008
M Winardi Non-Executive Director 26 June 2008
Tato Miraza Non-Executive Director 26 June 2008
Mr Achmad Ardianto Non-Executive Director 26 June 2008
Denny Maulasa Non-Executive Director 26 June 2008

Management
Name Position
Bambang Permadi Soemantri Brodjonegoro Commissioner
Sri Mulyanto Commissioner
Ir. Irwan Bahar Commissioners
Tedy Badrujaman Company Secretary
Hikmahanto Juwana Independen Commissioner
Mahmud Hamundu Independent Commissioner
Wisnu Askari Marantika President Commissioner

Substantial Shareholders
Holding Name
-- (--%) Not Disclosed in Annual Report

Calendar of Events
Date Event
30 April 2013 Report (Annual)
30 April 2013 Report (Quarterly)
28 February 2013 Report (Prelim)
30 January 2013 Report (Quarterly)
30 October 2012 Report (Quarterly)
30 July 2012 Report (Quarterly)
31 May 2012 AGM
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