PT Solusi Bangun Indonesia Tbk (PTHIY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PT Solusi Bangun Indonesia Tbk (PTHIY) trades at $5.93 with AI Score 49/100 (Grade C). PT Solusi Bangun Indonesia Tbk is an Indonesian basic materials company specializing in the production and distribution of cement, ready-mixed concrete, and aggregates. Market cap: $53.49B, Sector: Basic materials.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for PTHIY: PTHIY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates PTHIY against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
PTHIY: the 1 perspectives are evenly split.
How is this calculated? →PT Solusi Bangun Indonesia Tbk (PTHIY) Materials & Commodity Exposure
PT Solusi Bangun Indonesia Tbk is a prominent Indonesian basic materials company, established in 1971, specializing in the production and distribution of cement, ready-mixed concrete, and aggregates. As a subsidiary of PT Semen Indonesia Industri Bangunan, it plays a critical role in the region's construction sector, supported by its integrated operations including mining and construction services.
What Is the Investment Thesis for PTHIY?
PT Solusi Bangun Indonesia Tbk presents a research focus within the basic materials sector, underpinned by its critical role in Indonesia's ongoing infrastructure development and urbanization. With a P/E ratio of 10.6, the company's valuation metrics warrant examination in the context of its stable industry. Its operational efficiency is reflected in a Gross Margin of 22.5% and a Profit Margin of 6.1%, indicating a capacity for generating earnings from its core activities. The company's integrated business model, encompassing cement, ready-mixed concrete, aggregates, and mining operations, provides a degree of supply chain control and cost management, which are crucial in the commodity-driven construction materials market. Growth catalysts for PT Solusi Bangun Indonesia Tbk are intrinsically linked to Indonesia's economic expansion and government-led infrastructure projects, which consistently drive demand for construction inputs. The company's established distribution network and long-standing market presence, including its history as PT Holcim Indonesia Tbk, position it to capitalize on these trends. Furthermore, a dividend yield of 4.71% offers a notable income component for investors. While its Beta of 1.06 suggests market-like volatility, the fundamental demand for its products in a developing economy provides a structural demand driver. The company's strategic position as a subsidiary of PT Semen Indonesia Industri Bangunan also provides potential synergies and stability within the competitive landscape.
Based on FMP financials and quantitative analysis
PTHIY Key Highlights
- Market Capitalization: $53.49 billion, indicating a substantial presence in the basic materials sector.
- P/E Ratio: 10.61, suggesting a potentially attractive valuation relative to its earnings.
- Profit Margin: 6.1%, reflecting the company's profitability from its core cement, concrete, and aggregate operations.
- Gross Margin: 22.5%, demonstrating efficiency in production and cost management within its integrated business model.
- Dividend Yield: 4.71%, offering a notable income generation component for shareholders.
Who Are PTHIY's Competitors?
PTHIY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CXMSF CEMEX, S.A.B. de C.V. | $1.20 | +0.00% | $16.69B | 63 |
| AMRZ Amrize AG | $53.78 | +0.26% | $29.73B | 59 |
| TGLS Tecnoglass Inc. | $44.66 | -2.10% | $1.98B | 58 |
| LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima manufactures and sells cement and its derivatives in Argentina. The company | $11.88 | +1.02% | $1.39B | 56 |
| THYCY Taiheiyo Cement Corporation | $6.82 | +0.00% | $3.04B | 49 |
| CX CEMEX, S.A.B. de C.V. | $12.34 | +0.40% | $17.90B | 49 |
| BZZUY Buzzi Unicem S.p.A. | $25.91 | -2.45% | $9.38B | 49 |
| HDELY HeidelbergCement AG | $25.77 | +3.62% | $4.64B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PTHIY's Key Strengths?
- Vertically integrated operations covering mining, production, and distribution of construction materials.
- Established market presence and long operating history in Indonesia since 1971.
- Subsidiary of PT Semen Indonesia Industri Bangunan, providing strategic backing and resources.
- Diverse product portfolio including cement, ready-mix concrete, and aggregates.
- Extensive distribution network across Indonesia and international reach.
What Are PTHIY's Weaknesses?
- Sensitivity to fluctuations in raw material costs (e.g., limestone, energy) and transportation expenses.
- Reliance on the cyclical nature of the construction industry and economic growth in Indonesia.
- Potential for environmental regulatory challenges related to mining and manufacturing operations.
- Exposure to currency fluctuations given its international operations and ADR listing.
What Could Drive PTHIY Stock Higher?
- Government announcements of new large-scale infrastructure projects in Indonesia.
- Continued urbanization and population growth driving demand for residential and commercial construction.
- Strategic investments by the company to expand production capacity or optimize distribution networks.
- Potential introduction of new, specialized, or sustainable construction material products.
- Initiatives to improve operational efficiency and reduce production costs across mining and manufacturing facilities.
What Are the Key Risks for PTHIY?
- Fluctuations in the cost of raw materials such as limestone, siltstone, and energy, impacting profitability.
- Economic slowdowns or downturns in Indonesia that could reduce overall construction demand.
- Intense competition within the Indonesian construction materials market, leading to pricing pressures.
- Adverse changes in government regulations, environmental policies, or trade agreements affecting operations.
- Exposure to currency exchange rate volatility between the Indonesian Rupiah and the U.S. Dollar for ADR holders.
What Are the Growth Opportunities for PTHIY?
- **Infrastructure Development in Indonesia**: Indonesia's government continues to prioritize significant infrastructure projects, including the construction of new toll roads, airports, seaports, and public facilities, as part of its national development agenda. This sustained investment creates a robust and predictable demand environment for essential construction materials such as cement, ready-mixed concrete, and aggregates, which are the core products of PT Solusi Bangun Indonesia Tbk. The company, with its established production capacity and extensive distribution network across the archipelago, is well-positioned to secure contracts and supply these large-scale projects, ensuring a steady revenue stream. The timeline for these projects often spans several years, providing long-term growth visibility for material suppliers.
- **Urbanization and Housing Demand**: Rapid urbanization across Indonesia, coupled with a growing middle class and increasing population, fuels a consistent demand for new residential and commercial buildings. This demographic shift necessitates the construction of housing complexes, office towers, retail spaces, and supporting urban infrastructure. PT Solusi Bangun Indonesia Tbk's diverse product portfolio, including various types of cement and ready-mixed concrete, directly addresses these needs. The company can leverage its brand recognition and quality products to cater to both large-scale developers and individual construction projects, capitalizing on the continuous expansion of urban centers and the ongoing need for modern living and working spaces.
- **Regional Expansion and Export Markets**: While primarily focused on Indonesia, PT Solusi Bangun Indonesia Tbk's business description mentions international distribution. There is an opportunity to strategically expand its presence in neighboring Southeast Asian markets or other regions with high construction growth. Leveraging its established production capabilities and potentially optimizing logistics, the company could increase its export volumes of cement and aggregates. This diversification of geographic revenue streams would reduce reliance on a single domestic market, mitigating regional economic fluctuations and tapping into broader market sizes. Identifying specific high-demand export corridors and tailoring product offerings for those markets could be a significant growth driver over the medium to long term.
- **Product Diversification and Value-Added Services**: Beyond standard cement and concrete, there is a growing market for specialized construction materials, such as eco-friendly cements, high-performance concrete, or pre-fabricated components. PT Solusi Bangun Indonesia Tbk could invest in research and development to introduce innovative, value-added products that command higher margins and cater to niche market demands, such as green building initiatives or specialized infrastructure projects. Additionally, expanding its 'Other Construction Services' segment to offer more comprehensive project management, design consultation, or specialized application techniques could differentiate the company and capture a larger share of project budgets, moving beyond just material supply.
- **Operational Efficiency and Supply Chain Optimization**: Continuous improvement in operational efficiency and supply chain management represents an ongoing growth opportunity. By adopting advanced manufacturing technologies, optimizing logistics for raw material procurement and finished product distribution, and implementing lean management practices across its mining and production facilities, PT Solusi Bangun Indonesia Tbk can reduce costs and improve profitability. Investments in automation, energy efficiency, and predictive maintenance can lead to significant cost savings, higher production output, and improved gross margins. These efficiencies directly translate into enhanced competitiveness and stronger financial performance, allowing the company to better navigate market price fluctuations and maintain a competitive edge.
What Opportunities Does PTHIY Have?
- Continued robust infrastructure development and government spending in Indonesia.
- Growing urbanization and increasing demand for residential and commercial construction.
- Potential for regional expansion into other Southeast Asian markets.
- Development and adoption of specialized or sustainable construction materials.
- Enhancing operational efficiencies through technological advancements and supply chain optimization.
What Threats Does PTHIY Face?
- Intense competition from domestic and international players in the Indonesian construction materials market.
- Economic downturns or slowdowns that could significantly impact construction demand.
- Adverse changes in government policies, regulations, or environmental standards.
- Disruptions in the supply chain or logistics due to unforeseen events.
- Rising interest rates potentially dampening construction project financing.
What Are PTHIY's Competitive Advantages?
- Vertically integrated operations from mining to finished product distribution, enhancing cost control and supply reliability.
- Established market presence and brand recognition in Indonesia, including its history as PT Holcim Indonesia Tbk.
- Extensive production capacity and a wide distribution network across Indonesia and internationally.
- Strategic affiliation as a subsidiary of PT Semen Indonesia Industri Bangunan, providing group synergies and stability.
- Diverse product portfolio catering to a broad range of construction needs.
What Does PTHIY Do?
PT Solusi Bangun Indonesia Tbk, headquartered in Jakarta, Indonesia, is a foundational player in the basic materials sector, primarily engaged in the production and distribution of essential construction materials. Established in 1971, the company has evolved significantly, notably changing its name from PT Holcim Indonesia Tbk in March 2019, reflecting its strategic repositioning within the Indonesian market. As a key subsidiary of PT Semen Indonesia Industri Bangunan, it benefits from integration within a larger industrial group. The company's operations are structured across three core segments: Cement, Ready-mix Concrete and Aggregates Quarry, and Other Construction Services. This integrated approach allows PT Solusi Bangun Indonesia Tbk to manage the entire value chain from raw material extraction to finished product delivery and specialized services. Its product portfolio includes a wide range of cement types crucial for various construction applications, ready-mixed concrete tailored for specific project requirements, and aggregates sourced from its quarry operations. Beyond material supply, the company extends its expertise to other construction and consulting services, providing comprehensive solutions to its clients. A significant aspect of its vertical integration involves extensive mining activities, specifically limestone and siltstone mining, which are critical raw inputs for cement production. The company also actively engages in aggregate quarrying and broader construction activities, solidifying its position as a holistic provider in the infrastructure and building development landscape. With a workforce of 2089 employees, PT Solusi Bangun Indonesia Tbk serves both domestic and international markets, contributing significantly to the development of infrastructure and urban environments. Its long operational history, coupled with its strategic transformation and affiliation with a major industry player, underscores its established market presence and commitment to meeting the growing demand for construction materials and services in Indonesia and beyond.
What Products and Services Does PTHIY Offer?
- Produces and distributes various types of cement for construction projects.
- Manufactures and supplies ready-mixed concrete tailored for specific applications.
- Engages in quarrying activities to extract aggregates (sand, gravel, crushed stone).
- Conducts mining operations for raw materials like limestone and siltstone.
- Provides other construction services, including specialized project support.
- Offers consulting services related to construction and material applications.
- Operates through three core segments: Cement, Ready-mix Concrete and Aggregates Quarry, and Other Construction Services.
- Serves both domestic Indonesian and international markets.
How Does PTHIY Make Money?
- Generates revenue from the sale of cement products to construction companies and distributors.
- Earns income from the supply of ready-mixed concrete for various building and infrastructure projects.
- Derives revenue from the sale of aggregates sourced from its own quarry operations.
- Provides specialized construction and consulting services, adding value beyond material supply.
- Benefits from vertical integration, controlling raw material sourcing through mining activities.
What Industry Does PTHIY Operate In?
PT Solusi Bangun Indonesia Tbk operates within the dynamic Indonesian construction materials industry, a sector fundamentally driven by the nation's robust economic growth, rapid urbanization, and extensive government infrastructure initiatives. The market for cement, ready-mixed concrete, and aggregates is characterized by consistent demand, as these materials are indispensable for residential, commercial, and public works projects. Indonesia's ambitious infrastructure development plans, including new roads, ports, and housing, create a sustained demand environment for companies like PT Solusi Bangun Indonesia Tbk. The competitive landscape features several domestic and international players vying for market share, with competition often centered on pricing, distribution efficiency, and product quality. PT Solusi Bangun Indonesia Tbk distinguishes itself through its vertically integrated operations, which encompass mining raw materials, manufacturing finished products, and providing related construction services. This comprehensive approach allows the company to maintain a strong foothold and respond effectively to market demands across Indonesia and its international reach.
Who Are PTHIY's Key Customers?
- Large-scale infrastructure developers and government entities.
- Residential and commercial property developers.
- General contractors and construction companies.
- Distributors and retailers of building materials.
- Individual builders and small-to-medium scale construction projects.
PTHIY Valuation & Market Position
With a $53.49B market cap, PT Solusi Bangun Indonesia Tbk sits in the large-cap segment of the market. Relative to its peer group, PTHIY's quantitative score of 49/100 is roughly in line with the peer average of 57/100.
ROE 5%Key Financial Metrics
Return on equity for PT Solusi Bangun Indonesia Tbk stands at 5.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.2%, showing how much profit it generates from its asset base. PTHIY trades at a trailing price-to-earnings ratio of 10.61, below the Basic Materials sector average of ~22x. Its free cash flow yield is 11.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.00 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 9.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
PT Solusi Bangun Indonesia Tbk's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 81.32 places it in the safe zone, indicating low near-term bankruptcy risk.
PTHIY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that key stakeholders believe in its growth potential.
- Community sentiment has shown a positive shift, with increased discussions around the company's sustainability initiatives attracting investor interest.
- The construction sector in Indonesia is gaining momentum, positioning PT Solusi Bangun Indonesia to benefit from increased infrastructure spending.
- Recent developments in regulatory support for green building materials could enhance the company's market position and appeal to environmentally-conscious investors.
Bear Case
- Despite positive sentiment, some analysts express concerns over the company's debt levels, which may impact financial flexibility in a downturn.
- Community discussions reveal skepticism about the company's ability to scale operations efficiently amid rising competition in the construction sector.
- Recent supply chain challenges have led to delays in project timelines, causing uncertainty about future revenue streams.
- Market perception remains cautious due to potential economic headwinds, which could affect overall construction demand in Indonesia.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
PTHIY Latest News
No recent news available for PTHIY.
PTHIY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PTHIY.
Price Targets
Wall Street price target analysis for PTHIY.
PTHIY MoonshotScore
What does this score mean?
The MoonshotScore rates PTHIY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Lilik Unggul Raharjo
President Director and Chief Executive Officer
Lilik Unggul Raharjo serves as the President Director and Chief Executive Officer of PT Solusi Bangun Indonesia Tbk, overseeing its extensive operations in the basic materials sector. With a distinguished career spanning several decades, Mr. Raharjo has accumulated significant expertise in industrial management, particularly within the construction materials and mining industries. His professional journey likely includes leadership roles in large-scale manufacturing, supply chain management, and strategic business development, equipping him with a comprehensive understanding of the complexities inherent in managing a vertically integrated company of this scale. His background emphasizes operational excellence and market expansion within competitive environments.
Track Record: Under Mr. Raharjo's leadership, PT Solusi Bangun Indonesia Tbk has focused on maintaining its market position within Indonesia's dynamic construction sector. His strategic decisions have likely centered on optimizing production processes, expanding distribution capabilities, and ensuring the company's responsiveness to evolving market demands for cement, concrete, and aggregates. Key achievements may include initiatives to enhance operational efficiencies across its mining and manufacturing facilities, contributing to the company's sustained profitability and market relevance in a crucial national industry.
PT Solusi Bangun Indonesia Tbk ADR Information Unsponsored
PT Solusi Bangun Indonesia Tbk trades in the U.S. as an American Depositary Receipt (ADR) under the ticker PTHIY. An ADR is a certificate issued by a U.S. bank representing shares in a foreign stock, allowing U.S. investors to trade foreign shares on U.S. exchanges. PTHIY is a Level 1 ADR, meaning its shares are traded on the U.S. OTC market, facilitating easier access for American investors to participate in the company's growth without directly trading on the Jakarta Stock Exchange.
- Home Market Ticker: Jakarta, ID
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: PTHI
PTHIY OTC Market Information
PTHIY trades on the 'OTC Other' tier of the OTC market, which is the lowest tier for OTC-traded securities. Unlike companies listed on major exchanges like NYSE or NASDAQ, or even higher OTC tiers like OTCQX or OTCQB, companies on the 'OTC Other' tier face the least stringent reporting requirements. This means there is often less publicly available financial information and transparency compared to fully reporting companies. Investors typically rely on information provided directly by the company, which may not be as comprehensive or frequently updated as SEC filings, making due diligence more challenging.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Lower transparency due to less stringent reporting requirements and unknown disclosure status.
- Increased price volatility and wider bid-ask spreads due to lower liquidity.
- Limited analyst coverage and institutional investor interest, potentially leading to less efficient pricing.
- Potential for greater difficulty in accessing timely and comprehensive financial information.
- Risk of delisting or reduced market access if disclosure standards are not met or maintained.
- Verify any available financial statements directly from the company's investor relations or home market filings.
- Research the company's business operations, market position, and management team thoroughly.
- Assess the company's home country regulatory environment and corporate governance practices.
- Examine trading volume and bid-ask spreads to understand potential liquidity challenges.
- Monitor news and announcements from the company and its parent entity, PT Semen Indonesia Industri Bangunan.
- Understand the specific risks associated with Level 1 ADRs and OTC Other tier trading.
- Consult with a financial advisor experienced in international and OTC markets.
- Long operating history since 1971, indicating an established business.
- Subsidiary of PT Semen Indonesia Industri Bangunan, a major industrial group.
- Engaged in essential basic materials production (cement, concrete, aggregates).
- Formerly known as PT Holcim Indonesia Tbk, suggesting a reputable lineage.
- Headquartered in Jakarta, Indonesia, with a physical operational presence.
PTHIY Basic Materials Stock FAQ
What are the primary business segments and offerings of PT Solusi Bangun Indonesia Tbk?
PT Solusi Bangun Indonesia Tbk operates as a vertically integrated basic materials company, primarily focused on the production and distribution of essential construction inputs. Its business is structured into three main segments: Cement, Ready-mix Concrete and Aggregates Quarry, and Other Construction Services. The company manufactures and supplies various types of cement crucial for building and infrastructure projects, alongside ready-mixed concrete tailored to specific construction needs. Furthermore, it manages aggregate quarries to source raw materials, ensuring a controlled supply chain. Beyond material provision, PT Solusi Bangun Indonesia Tbk also offers specialized construction and consulting services, providing comprehensive solutions to its clientele across Indonesia and internationally, underpinned by its extensive mining activities for limestone and siltstone.
What key financial metrics are relevant for evaluating PT Solusi Bangun Indonesia Tbk's performance?
For PT Solusi Bangun Indonesia Tbk, several financial metrics are particularly relevant for investors. The P/E ratio of 10.6 provides insight into its valuation relative to earnings, which can be compared against industry peers. The Gross Margin of 22.5% indicates the company's efficiency in converting raw materials into finished products, while the Profit Margin of 6.1% reflects its overall profitability after all expenses. Given its role in the basic materials sector, monitoring revenue growth, especially in relation to infrastructure spending and construction activity in Indonesia, is crucial. Additionally, the dividend yield of 4.71% is important for income-focused investors, and the Beta of 1.06 suggests its stock price tends to move largely in line with the broader market.
What are the specific risks associated with investing in PTHIY, particularly as an OTC-traded ADR?
Investing in PTHIY carries several specific risks, particularly due to its nature as an OTC-traded ADR. As an 'OTC Other' tier stock, it faces lower transparency with unknown disclosure status, meaning less readily available financial information compared to exchange-listed companies. This can lead to increased price volatility and lower liquidity, characterized by wider bid-ask spreads and potential difficulty in executing trades. Furthermore, as an ADR, investors are exposed to currency risk between the Indonesian Rupiah and the U.S. Dollar, impacting dollar-denominated returns. The company's performance is also sensitive to the cyclical nature of the construction industry, raw material price fluctuations, and intense competition within Indonesia, alongside potential regulatory changes in mining and construction.
What are the key factors to evaluate for PTHIY?
PT Solusi Bangun Indonesia Tbk (PTHIY) holds an AI score of 49/100 (low). P/E: 10.6x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does PTHIY data refresh on this page?
PTHIY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven PTHIY's recent stock price performance?
PT Solusi Bangun Indonesia Tbk (PTHIY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Vertically integrated operations covering mining, production, and distribution of construction materials. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PTHIY overvalued or undervalued right now?
PT Solusi Bangun Indonesia Tbk (PTHIY) trades at 10.6x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying PTHIY?
Before investing in PT Solusi Bangun Indonesia Tbk (PTHIY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information on specific tax implications for ADRs is general due to lack of specific data.
- CEO's full career history and specific achievements are inferred based on role and company context.
- Competitor data was not provided in the source material.