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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 62.1x - 68.6x | 65.3x |
Selected Fwd P/E Multiple | 16.5x - 18.3x | 17.4x |
Fair Value | Rp98.67 - Rp109.06 | Rp103.86 |
Upside | -29.0% - -21.5% | -25.3% |
Benchmarks | - | Full Ticker |
PT Djasa Ubersakti Tbk | - | IDX:PTDU |
PT Sumber Mas Konstruksi Tbk | - | IDX:SMKM |
PT LCK Global Kedaton Tbk | - | IDX:LCKM |
PT Asri Karya Lestari Tbk | - | IDX:ASLI |
PT Lancartama Sejati Tbk | - | IDX:TAMA |
PT Bangun Karya Perkasa Jaya Tbk | - | IDX:KRYA |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
PTDU | SMKM | LCKM | ASLI | TAMA | KRYA | |||
IDX:PTDU | IDX:SMKM | IDX:LCKM | IDX:ASLI | IDX:TAMA | IDX:KRYA | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | -9.2% | -47.7% | NM- | NM- | -11.9% | ||
3Y CAGR | NM- | -36.6% | -62.0% | 20.3% | NM- | -27.7% | ||
Latest Twelve Months | 65.8% | -74.1% | 26.3% | -52.6% | -33.2% | 10.9% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -19.1% | 5.9% | -20.3% | 8.8% | -18.8% | 3.1% | ||
Prior Fiscal Year | -42.3% | 7.5% | 0.5% | 10.5% | -22.5% | 1.4% | ||
Latest Fiscal Year | -28.5% | 2.9% | 0.5% | 11.1% | -36.7% | 1.0% | ||
Latest Twelve Months | -46.6% | 2.9% | 0.5% | 3.6% | -36.7% | 1.0% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -6.4x | 2.9x | 102.2x | 6.7x | 22.4x | 17.4x | ||
Price / LTM Sales | 0.4x | 0.7x | 11.2x | 1.3x | 1.6x | 1.1x | ||
LTM P/E Ratio | -0.9x | 22.9x | 2371.6x | 36.7x | -4.4x | 108.0x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -4.4x | 22.9x | 2371.6x | |||||
Historical LTM P/E Ratio | -50.5x | 63.7x | 108.0x | |||||
Selected P/E Multiple | 62.1x | 65.3x | 68.6x | |||||
(x) LTM Net Income | 2,141 | 2,141 | 2,141 | |||||
(=) Equity Value | 132,883 | 139,877 | 146,871 | |||||
(/) Shares Outstanding | 1,663.9 | 1,663.9 | 1,663.9 | |||||
Implied Value Range | 79.86 | 84.06 | 88.27 | |||||
FX Rate: IDR/IDR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 79.86 | 84.06 | 88.27 | 139.00 | ||||
Upside / (Downside) | -42.5% | -39.5% | -36.5% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | PTDU | SMKM | LCKM | ASLI | TAMA | KRYA | |
Value of Common Equity | 24,000 | 58,891 | 214,000 | 312,500 | 37,200 | 231,288 | |
(/) Shares Outstanding | 1,500.0 | 1,253.0 | 1,000.0 | 6,250.0 | 1,200.0 | 1,663.9 | |
Implied Stock Price | 16.00 | 47.00 | 214.00 | 50.00 | 31.00 | 139.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 16.00 | 47.00 | 214.00 | 50.00 | 31.00 | 139.00 | |
Trading Currency | IDR | IDR | IDR | IDR | IDR | IDR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |