Graha Andrasentra Propertindo Valuation

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

JGLE (IDR7) is trading below our estimate of [[fair value]] (IDR74.42)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: JGLE (IDR7) is trading below our estimate of fair value (IDR74.42)

Significantly Below Fair Value: JGLE is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for JGLE. This is calculated by dividing JGLE's market cap by their current revenue.
What is JGLE's PS Ratio?
PS Ratio	1x
Sales	Rp155.36b
Market Cap	Rp158.07b

JGLE 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	2.5x
Enterprise Value/EBITDA	9.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for JGLE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	7.2x
PJAA Pembangunan Jaya Ancol	0.8x	n/a	Rp984.0b
GOLF Intra Golflink Resorts	23.5x	n/a	Rp4.1t
PTSP Pioneerindo Gourmet International	0.3x	n/a	Rp200.9b
KDTN Puri Sentul Permai	4.2x	n/a	Rp152.5b
JGLE Graha Andrasentra Propertindo	1x	n/a	Rp158.1b

Price-To-Sales vs Peers: JGLE is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (7.3x).

Price to Sales Ratio vs Industry

How does JGLE's PS Ratio compare vs other companies in the ID Hospitality Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
FAST Fast Food Indonesia	0.3x	n/a	US$81.89m
PANR Panorama Sentrawisata	0.3x	n/a	US$45.45m
PZZA Sarimelati Kencana	0.2x	n/a	US$30.86m
BAYU Bayu Buana	0.2x	n/a	US$30.60m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: JGLE is good value based on its Price-To-Sales Ratio (1x) compared to the ID Hospitality industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is JGLE'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.

JGLE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate JGLE'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.