DB:PJM

Stock Analysis Report

Bumi Resources

Executive Summary

PT Bumi Resources Tbk, through its subsidiaries, engages in mining activities in Indonesia.

Snowflake

Fundamentals

Fair value with questionable track record.


Similar Companies

Share Price & News

How has Bumi Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-30.0%

PJM

3.7%

DE Oil and Gas

1.4%

DE Market


1 Year Return

-65.0%

PJM

50.0%

DE Oil and Gas

3.7%

DE Market

Return vs Industry: PJM underperformed the German Oil and Gas industry which returned 50% over the past year.

Return vs Market: PJM underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

PJMIndustryMarket
7 Day-30.0%3.7%1.4%
30 Day-41.7%2.1%1.3%
90 Day-51.4%13.5%3.4%
1 Year-65.0%-65.0%55.0%50.0%7.0%3.7%
3 Year-50.0%-50.0%43.7%30.0%18.5%8.3%
5 Year-56.3%-56.3%169.9%127.6%42.2%22.9%

Price Volatility Vs. Market

How volatile is Bumi Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bumi Resources undervalued compared to its fair value and its price relative to the market?

2.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PJM's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate PJM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PJM is good value based on its PE Ratio (2.6x) compared to the Oil and Gas industry average (9.4x).

PE vs Market: PJM is good value based on its PE Ratio (2.6x) compared to the German market (19.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: PJM is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: PJM has negative assets, so we can't compare its PB Ratio to the DE Oil and Gas industry average.


Next Steps

  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Bumi Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PJM's forecast earnings growth (3.5% per year) is above the savings rate (0.2%).

Earnings vs Market: PJM's earnings (3.5% per year) are forecast to grow slower than the German market (12.7% per year).

High Growth Earnings: PJM's earnings are forecast to grow, but not significantly.

Revenue vs Market: PJM's revenue (2.7% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: PJM's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: PJM's Return on Equity is forecast to be low in 3 years time (16.5%).


Next Steps

Past Performance

How has Bumi Resources performed over the past 5 years?

48.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PJM has become profitable over the past 5 years, growing earnings by 48.3% per year.

Accelerating Growth: PJM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PJM had negative earnings growth (-58.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (10%).


Return on Equity

High ROE: PJM's Return on Equity (16.1%) is considered low.


Return on Assets

ROA vs Industry: PJM has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate PJM's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Bumi Resources's financial position?


Financial Position Analysis

Short Term Liabilities: PJM's short term assets ($413.9M) do not cover its short term liabilities ($1.0B)

Long Term Liabilities: PJM's short term assets (413.9M) do not cover its long term liabilities (2.0B)


Debt to Equity History and Analysis

Debt Level: PJM's debt to equity ratio (255%) is considered high

Reducing Debt: PJM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: PJM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PJM's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet

Inventory Level: PJM has a high level of physical assets or inventory.

Debt Coverage by Assets: PJM's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

What is Bumi Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PJM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PJM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PJM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PJM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PJM is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PJM's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Bumi Resources's salary, the management and board of directors tenure and is there insider trading?

11.8yrs

Average management tenure


CEO

Bumi Resources has no CEO, or we have no data on them.


Management Age and Tenure

11.8yrs

Average Tenure

52yo

Average Age

Experienced Management: PJM's management team is seasoned and experienced (11.8 years average tenure).


Board Age and Tenure

3.2yrs

Average Tenure

60yo

Average Age

Experienced Board: PJM's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kenneth Farrell (64yo)

    Managing Director

    • Tenure: 0yrs
  • Dileep Srivastava (67yo)

    Corporate Secretary & Independent Director

    • Tenure: 9.3yrs
  • Andy Beckham (52yo)

    CFO & Director

    • Tenure: 9.8yrs
  • Ido Hutabarat

    Vice President of Marketing

    • Tenure: 0yrs
  • Mahmud Samuri (49yo)

    Vice President of Human Resources & General Affairs

    • Tenure: 0yrs
  • Dharyanto Effendy

    Head of IT Division & VP of Information Technology

    • Tenure: 14.3yrs
  • Lufti Julian (51yo)

    Head of Internal Audit

    • Tenure: 11.8yrs
  • Achmad Reza

    Chief Economist & VP of Investor Relations

    • Tenure: 11.8yrs
  • Christopher Fong

    Senior Vice President of Communication & Public Affairs

    • Tenure: 0yrs
  • Sandra Triyana

    Vice President of Corporate Legal

    • Tenure: 0yrs

Board Members

  • Nalin Rathod (69yo)

    President Commissioner

    • Tenure: 1.8yrs
  • Eddie Subari (63yo)

    Commisisoner

    • Tenure: 4.2yrs
  • Kanaka Puradiredja (75yo)

    Independent Commissioner

    • Tenure: 2.3yrs
  • Dileep Srivastava (67yo)

    Corporate Secretary & Independent Director

    • Tenure: 9.3yrs
  • Andy Beckham (52yo)

    CFO & Director

    • Tenure: 9.8yrs
  • Raden Ajeng Dharmayanti (57yo)

    Director

    • Tenure: 6.8yrs
  • Anton Soedarsono (79yo)

    Commissioner

    • Tenure: 10.3yrs
  • Xuefeng Ruan (40yo)

    Director

    • Tenure: 2.3yrs
  • Linjun Zhang (32yo)

    Director

    • Tenure: 0.9yrs
  • Ian Yingbin (57yo)

    Director

    • Tenure: 0.3yrs

Company Information

PT Bumi Resources Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Bumi Resources Tbk
  • Ticker: PJM
  • Exchange: DB
  • Founded: 1973
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: Rp5.566t
  • Listing Market Cap: Rp353.612m
  • Shares outstanding: 65.48b
  • Website: https://www.bumiresources.com

Number of Employees


Location

  • PT Bumi Resources Tbk
  • Bakrie Tower Building
  • 12th Floor
  • Jakarta
  • Jakarta Raya
  • 12940
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBMR.FOTCPK (Pink Sheets LLC)YesSeries A SharesUSUSDJan 1992
BUMIIDX (Indonesia Stock Exchange)YesSeries A SharesIDIDRJan 1992
PJMDB (Deutsche Boerse AG)YesSeries A SharesDEEURJan 1992
PBMR.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDFeb 2009

Biography

PT Bumi Resources Tbk, through its subsidiaries, engages in mining activities in Indonesia. It operates through Coal, Services, Oil and Gas, and Gold segments. The Coal segment engages in the exploration,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:44
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.