PT Nusantara Pelabuhan Handal Tbk

IDX:PORT Stock Report

Market Cap: Rp2.3t

Nusantara Pelabuhan Handal Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PORT (IDR830) is trading below our estimate of fair value (IDR908.38)

Significantly Below Fair Value: PORT 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 PORT?

Key metric: As PORT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PORT. This is calculated by dividing PORT's market cap by their current revenue.
What is PORT's PS Ratio?
PS Ratio2.1x
SalesRp1.13t
Market CapRp2.34t

Price to Sales Ratio vs Peers

How does PORT's PS Ratio compare to its peers?

The above table shows the PS ratio for PORT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
PTPP PP (Persero)
0.1x8.0%Rp2.4t
BUKK Bukaka Teknik Utama
0.5xn/aRp2.5t
ADHI Adhi Karya (Persero)
0.1x19.0%Rp2.2t
TOTL Total Bangun Persada
0.7xn/aRp2.4t
PORT Nusantara Pelabuhan Handal
2.1xn/aRp2.3t

Price-To-Sales vs Peers: PORT is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does PORT's PS Ratio compare vs other companies in the ID Construction Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
WIKA Wijaya Karya (Persero)
0.6xn/aUS$798.79m
WSKT Waskita Karya (Persero)
0.4x14.8%US$383.23m
BUKK Bukaka Teknik Utama
0.5xn/aUS$156.37m
PTPP PP (Persero)
0.1x8.0%US$152.75m
PORT 2.1xIndustry Avg. 1.1xNo. of Companies14PS02.85.68.411.214+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PORT is expensive based on its Price-To-Sales Ratio (2.1x) compared to the ID Construction industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

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

PORT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PORT's Price-To-Sales Fair Ratio for valuation analysis.

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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