Slide 1: SIPEF 2022 Peer review
SIPEF 2022 Peer review The Connection to the world of Sustainable Tropical Agriculture 1
Slide 2: Disclaimer
Peer review Disclaimer The information contained in this section is provided for your general information only and is not designed nor intended to offer anything more than information only. The information with respect to the companies included in the Peer Review was retrieved from publicly availabl
Slide 3: Principle assumptions
Peer review Principle assumptions • Benchmark of main industrial competitors • Age profile based on own ageing interpretation • Market capitalization is calculated based on the average exchange rate & average share price of the year • Benchmark based on own CPO productions of competitors: Tons CPO o
Slide 4: Own planted oil palm hectares in KHa (2022)
Peer review Own planted Oil Palm Hectares in KHa (2022) Sime Darby 578 Golden Agri-Resources 425 Felda Global Ventures 334 Kuala Lumpur Kepong 290 Salim Ivomas Pratama 245 Wilmar International 232 Astra Agro Lestari 215 First Resources 176 IOI Corporation 175 Triputra Agro Persada 138 Genting Planta
Slide 5: Age profile: average age planted hectares (2022)
Peer review Age Profile: Average age planted hectares (2022) London Sumatra Indon 19,0 Salim Ivomas Pratama 18,0 R.E.A. Holdings 17,4 Golden Agri-Resources 16,0 Astra Agro Lestari 15,1 Anglo Eastern Plantations 14,0 Sampoerna Agro 14,0 Eagle High Plantations 13,9 Felda Global Ventures 13,7 IOI Corpo
Slide 6: FFB Yield – MT/ha (2022)
Peer review FFB Yield – MT/ha (2022) United plantations 27,6 Triputra Agro Persada 24,5 MP Evans 23,2 Socfinasia 22,2 SIPEF 22,1 R.E.A. Holdings 21,6 Bumitama 21,4 Wilmar International 21,0 DSNG 20,8 Golden Agri-Resources 20,3 Kuala Lumpur Kepong 19,7 Plantation IOI Corporation 19,3 Integrated Anglo
Slide 7: Extraction rate from FFB to CPO (2022)
Peer review Extraction rate from FFB to CPO (2022) SIPEF 24,0% Socfinasia 23,1% MP Evans 22,9% DSNG 22,8% Triputra Agro Persada 22,6% Socfinaf 22,6% First Resources 22,3% Bumitama 22,3% R.E.A. Holdings 22,3% London Sumatra Indon 21,9% IOI Corporation 21,4% Plantation United plantations 21,4% Integra
Slide 8: CPO Yield – MT/ha (2022)
Peer review CPO Yield – MT/ha (2022) United plantations 5,89 Triputra Agro Persada 5,54 MP Evans 5,31 SIPEF 5,30 Socfinasia 5,12 R.E.A. Holdings 4,82 Bumitama 4,77 DSNG 4,74 Golden Agri-Resources 4,26 Kuala Lumpur Kepong 4,20 IOI Corporation 4,14 Plantation First Resources 4,10 Integrated Wilmar Int
Slide 9: Market Cap in MUSD (2022)
Peer review Market Cap in MUSD (2022) Sime Darby 7.063 Kuala Lumpur Kepong 6.088 IOI Corporation 5.935 Golden Agri-Resources 2.561 First Resources 1.952 Genting Plantations 1.383 United plantations 1.378 Felda Global Ventures 1.311 Astra Agro Lestari 1.282 Triputra Agro Persada 904 Bumitama 822 Plan
Slide 10: Dividend Yields (based on average market cap 2022)
Peer review Dividend Yields (based on average market cap 2022) Socfinasia 21,2% Sampoerna Agro 13,5% Bumitama 12,0% United plantations 9,6% Felda Global Ventures 9,5% First Resources 8,5% Golden Agri-Resources 6,5% Triputra Agro Persada 5,6% DSNG 5,3% Genting Plantations 5,0% SIPEF 5,0% Plantation M
Slide 11: Price Earning Ratio (based on average market cap 2022)
Peer review Price Earning Ratio (based on average market cap 2022) IOI Corporation 14,4 Genting Plantations 12,9 Sime Darby 12,5 Kuala Lumpur Kepong 11,6 Astra Agro Lestari 11,1 United plantations 10,1 London Sumatra Indon 8,1 MP Evans 8,0 Socfinasia 6,8 Plantation SIPEF 6,1 Integrated First Resourc
Slide 12: Net financial position/Equity Ratio (2022)
Peer review Net financial position/Equity Ratio (2022) Eagle High Plantations 339,1% R.E.A. Holdings 67,6% DSNG 56,4% Sampoerna Agro 49,2% Kuala Lumpur Kepong 45,2% Golden Agri-Resources 43,6% Socfinaf 37,3% Sime Darby 29,6% Felda Global Ventures 25,3% IOI Corporation 22,1% Salim Ivomas Pratama 20,8
Slide 13: Debt to Equity Ratio (2022)
Peer review Debt to Equity Ratio (2022) Eagle High Plantations 344,4% R.E.A. Holdings 76,1% Kuala Lumpur Kepong 62,9% DSNG 61,0% Sampoerna Agro 59,4% Golden Agri-Resources 56,8% Socfinaf 49,8% Genting Plantations 45,8% IOI Corporation 44,7% Felda Global Ventures 43,0% Salim Ivomas Pratama 41,1% Plan
Slide 14: SPOTT score (2022)
Peer review SPOTT score (2022) United plantations 92,6% Sime Darby 89,8% R.E.A. Holdings 87,0% SIPEF 86,8% DSNG 86,4% MP Evans 80,2% IOI Corporation 79,7% Genting Plantations 78,9% Bumitama 78,9% Triputra Agro Persada 76,9% Plantation Kuala Lumpur Kepong 73,8% Integrated Socfin group 72,2% Sipef Eag
Slide 15: RSPO certified hectares (2022)
Peer review RSPO certified hectares (2022) Sime Darby 99,4% 625.392 Golden Agri-Resources 43,9% 502.074 Felda Global Ventures 39,4% 460.080 Kuala Lumpur Kepong 78,3% 336.751 Genting Plantations 38,4% 221.983 First Resources 28,3% 209.955 IOI Corporation 82,7% 209.190 Socfin group 63,1% 186.473 Bumit
Slide 16: The Connection to the world of Sustainable Tropical Agriculture
The Connection to the world of Sustainable Tropical Agriculture 16