ENTITY
HM Sampoerna

HM Sampoerna (HMSP IJ)

142
Analysis
Consumer StaplesIndonesia
PT Hanjaya Mandala Sampoerna Tbk manufactures hand rolled and machine-rolled clove-blended cigarettes. The Company distributes its products in the domestic and international market. Through its subsidiaries, the Company also develops properties.
more
bearishHM Sampoerna
01 Nov 2024 10:55Broker

HM Sampoerna - Trimming FY24F Post Weak 3Q24 Earnings

Maintain our Hold rating with an unchanged TP of Rp730 (FY25F PE of 11x) as we see uncertainty remains until the MOF regulation is released.

Logo
241 Views
Share
bullishHM Sampoerna
19 Jul 2024 02:10Broker

HM Sampoerna (HMSP.IJ Rp 705; HOLD; TP Rp 730) Regulatory Uncertainty Loom over HMSP

HMSP adjusted ASP of its products by 8.4% ytd in Jul24 (vs 1Q24: 6.1% ytd), which continues to weigh on its vol. growth (1Q24: +1.6% yoy).

Logo
294 Views
Share
11 Sep 2024 10:50Broker

Tobacco Sector - A Biting Year Ahead

Based on our channel checks, tobacco companies under our coverage were relatively slow in adjusting ASPs in 2Q24 to offset the FY25 excise tax hike...

Logo
886 Views
Share
bullishHM Sampoerna
14 May 2024 04:02Broker

HMSP IJ - MNC Sekuritas Equity Report May 13, 2024

HMSP delivered a 1Q24 performance that was mostly in-line with our estimates. 1Q24 revenue came in at IDR29.1 tn, or grew nicely by +1.5% QoQ...

Logo
362 Views
Share
05 Dec 2023 12:27Broker

Cigarette: Attractive Value Proposition Despite Lingering Regulatory Headwinds...

FY24 excise revenue target growth of 5% yoy and 10% avg. tariff growth implies negative industry volume growth will continue.

Logo
378 Views
Share
x