PT Tower Bersama Infrastructure Tbk

BST:6TB Stock Report

Market Cap: €2.7b

Tower Bersama Infrastructure Valuation

Is 6TB 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 6TB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6TB (€0.1) is trading below our estimate of fair value (€0.11)

Significantly Below Fair Value: 6TB is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6TB?

Key metric: As 6TB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6TB. This is calculated by dividing 6TB's market cap by their current earnings.
What is 6TB's PE Ratio?
PE Ratio27.3x
EarningsRp1.61t
Market CapRp43.97t

Price to Earnings Ratio vs Peers

How does 6TB's PE Ratio compare to its peers?

The above table shows the PE ratio for 6TB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.1x
O2D Telefónica Deutschland Holding
22.7x-11.4%€6.2b
O2D Telefónica Deutschland Holding
26.5x-41.1%€7.2b
DTE Deutsche Telekom
24.1x18.8%€144.3b
E4C ecotel communication ag
51.1x64.5%€47.3m
6TB Tower Bersama Infrastructure
27.3x8.8%€44.0t

Price-To-Earnings vs Peers: 6TB is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (31.1x).

Price to Earnings Ratio vs Industry

How does 6TB's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
6TB 27.3xIndustry Avg. 18.3xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6TB is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the European Telecom industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is 6TB'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.

6TB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ratio23.3x

Price-To-Earnings vs Fair Ratio: 6TB is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.3x).

Analyst Price Targets

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

The above table shows the analyst 6TB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.095
€0.12
+31.6%
21.2%€0.19€0.093n/a14
Nov ’25€0.088
€0.12
+38.9%
21.2%€0.19€0.091n/a14
Oct ’25€0.091
€0.12
+27.9%
20.0%€0.18€0.088n/a14
Sep ’25€0.092
€0.12
+27.2%
20.0%€0.18€0.088n/a14
Aug ’25€0.093
€0.12
+25.2%
20.0%€0.18€0.088n/a14
Jul ’25€0.086
€0.13
+47.2%
32.4%€0.26€0.088n/a15
Jun ’25€0.082
€0.13
+60.4%
30.6%€0.26€0.089n/a15
May ’25€0.092
€0.13
+40.0%
27.8%€0.26€0.095n/a16
Apr ’25€0.089
€0.13
+48.9%
28.1%€0.26€0.097n/a15
Mar ’25€0.089
€0.13
+50.2%
28.0%€0.27€0.097n/a15
Feb ’25€0.094
€0.13
+42.2%
28.0%€0.27€0.097n/a15
Jan ’25€0.10
€0.13
+32.7%
27.8%€0.27€0.097n/a15
Dec ’24€0.10
€0.13
+32.7%
27.8%€0.27€0.097n/a15
Nov ’24€0.10
€0.13
+25.2%
10.1%€0.15€0.10€0.08814
Oct ’24€0.10
€0.13
+28.8%
16.7%€0.20€0.10€0.09114
Sep ’24€0.10
€0.14
+34.2%
30.3%€0.27€0.099€0.09214
Aug ’24€0.093
€0.14
+53.7%
30.7%€0.27€0.099€0.09313
Jul ’24€0.10
€0.16
+51.6%
30.0%€0.27€0.12€0.08613
Jun ’24€0.11
€0.16
+46.9%
28.1%€0.28€0.12€0.08214
May ’24€0.11
€0.17
+54.3%
28.0%€0.27€0.12€0.09214
Apr ’24€0.11
€0.18
+57.7%
30.6%€0.28€0.12€0.08914
Mar ’24€0.11
€0.18
+65.4%
29.6%€0.27€0.12€0.08914
Feb ’24€0.11
€0.18
+62.3%
29.6%€0.27€0.12€0.09414
Jan ’24€0.12
€0.18
+55.5%
27.3%€0.27€0.11€0.1015
Dec ’23€0.13
€0.19
+45.7%
27.1%€0.28€0.12€0.1015
Nov ’23€0.14
€0.20
+45.9%
25.1%€0.29€0.12€0.1016

Analyst Forecast: Target price is less than 20% higher than the current share price.

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