Alam Sutera Realty Valuation

Q: What is the Fair Price of 8AS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8AS (€0.01) is trading above our estimate of [[fair value]] (€0)

Is 8AS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 8AS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8AS (€0.01) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: 8AS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8AS?

Key metric: As 8AS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8AS. This is calculated by dividing 8AS's market cap by their current earnings.
What is 8AS's PE Ratio?
PE Ratio	7.2x
Earnings	Rp434.94b
Market Cap	Rp3.14t

8AS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.3x
Enterprise Value/EBITDA	5.2x
PEG Ratio	-1.5x

Price to Earnings Ratio vs Peers

How does 8AS's PE Ratio compare to its peers?

The above table shows the PE ratio for 8AS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.6x
CRZK CR Energy	9.8x	39.8%	€121.8m
INS Instone Real Estate Group	25.9x	37.9%	€365.6m
STG STINAG Stuttgart Invest	30.3x	n/a	€184.6m
DEF DEFAMA Deutsche Fachmarkt	28.5x	0.2%	€148.8m
8AS Alam Sutera Realty	7.2x	-4.9%	€3.1t

Price-To-Earnings vs Peers: 8AS is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does 8AS's PE Ratio compare vs other companies in the European Real Estate Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 8AS is good value based on its Price-To-Earnings Ratio (7.2x) compared to the European Real Estate industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is 8AS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8AS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.2x
Fair PE Ratio	0.004x

Price-To-Earnings vs Fair Ratio: 8AS is expensive based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (0x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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