PT Visi Media Asia Tbk

VIVA.JK

Broadcasting · Communication Services

Exchange

Indonesia Stock Exchange

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Mixed

Growth

Mixed

Cash Flow

Weak

Stability

Weak

Valuation

Good

Track this stock — start free trial

Winston Score History

The full picture

PT Visi Media Asia Tbk (VIVA) is an Indonesian media company that operates television broadcast networks and digital media platforms. Its main assets include ANTV and tvOne, two free-to-air television channels that reach millions of viewers across Indonesia. The company serves a broad audience with entertainment, news, and sports programming, competing in one of Southeast Asia's largest media markets.

VIVA earns most of its revenue from selling advertising airtime to brands and businesses that want to reach Indonesian TV audiences. It operates primarily within Indonesia and is backed by the Bakrie Group, one of the country's prominent business conglomerates. Despite a healthy gross margin, the near-zero operating and return-on-invested-capital figures suggest the business struggles to convert revenue into meaningful profit. The key risk facing VIVA is the ongoing shift of Indonesian audiences — especially younger viewers — away from traditional television toward streaming and social media platforms, which puts long-term advertising revenue under pressure.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-12.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+214.5% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

46.1%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

459.4B IDR cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

PT Visi Media Asia Tbk's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

54.4%

Healthy — 54.4% gross margin

Profit after running costs

Operating Margin

1.3%

Thin — 1.3% operating margin

Return on the money invested

ROCE

0.1%

Weak — 0.1% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-17.8%

Shrinking sales (-17.8% YoY)

Profit growth

EPS YoY

-70.2%

Earnings shrinking (-70.2% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

Weak — only 9% of profit becomes cash

Spare cash per sale

FCF Margin

10.8%

Modest free cash flow (10.8%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

38.45

Heavy debt load (38.45)

Covers its interest

Interest Cover

0.09x

Dangerous — barely covers interest (0.1x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

0.6x

no trend

Attractive valuation — P/E 0.6

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial