CMNT.JK
Hot AirPT Cemindo Gemilang Tbk · Basic Materials · Indonesia · $721M cap · $569K/day traded
IDR 710 -1.4% · close 12 Nov · scored 13 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 13 Nov 2026, the MoatMap Score for PT Cemindo Gemilang Tbk (CMNT.JK) is 48/100, ranked against 25,000+ stocks in 38 markets (Quality 43, Value 32, Momentum 67, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT PT CEMINDO GEMILANG TBK
Read
PT Cemindo Gemilang Tbk, together with its subsidiaries, engages in the manufacture and sale of cement and clinker, and ready-mix concrete in Indonesia, Vietnam, and internationally. It operates through three segments: Cement and Clinker, Concrete Products, and Others.
FINANCIAL SUMMARY (IDR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 9.7T | 9.6T | 8.9T | 9.0T | -2.5% | 10.1T |
| EPS (IDR) | -5.22 | 9.04 | -41.82 | -8.77 | — | -12.01 |
| Shares | 17.1B | 17.1B | 17.1B | 17.1B | 0.0% | 17.1B |
| Debt | 10.5T | 9.6T | 8.8T | 8.9T | -5.4% | 9.2T |
| Equity | 3.5T | 3.6T | 2.8T | 2.6T | -9.3% | — |
| Op CF | 1.9T | 2.1T | 2.3T | 1.1T | -15.7% | 1.3T |
| Inv CF | -1.1T | -315.2B | -399.0B | -331.1B | — | — |
| Fin CF | -740.7B | -1.7T | -1.8T | -867.1B | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 73% of stocks we rank over the past year (volatility 30% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of CMNT.JK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| CMNT.JK | PT Cemindo Gemilang Tbk(you) | $721M | 48 |
| SMGR.JK | PT Semen Indonesia (Persero) Tbk | $521M | 86 |
| INTP.JK | PT Indocement Tunggal Prakarsa Tbk | $1.1B | 99 |
| SMBR.JK | PT Semen Baturaja (Persero) Tbk | $71M | 70 |
| BLES.JK | PT Superior Prima Sukses Tbk | $103M | 99 |
| AGII.JK | PT Samator Indo Gas Tbk | $581M | 50 |
| SINI.JK | PT Singaraja Putra Tbk | $686M | 31 |
| TKIM.JK | PT Pabrik Kertas Tjiwi Kimia Tbk | $1.1B | 62 |
| CITA.JK | PT Cita Mineral Investindo Tbk | $689M | 77 |
| INCO.JK | PT Vale Indonesia Tbk | $2.2B | 57 |
Peer medians: ROE 9.5% · P/E 8.5x · Gross margin 28.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.