Surya Permata Andalan Valuation

Is NATO 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NATO (IDR136) is trading above our estimate of fair value (IDR0.61)

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

Key Valuation Metric

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

Key metric: As NATO barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for NATO. This is calculated by dividing NATO's market cap by their current book value.
What is NATO's PB Ratio?
PB Ratio	1.4x
Book	Rp801.24b
Market Cap	Rp1.09t

NATO 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	53.7x
Enterprise Value/EBITDA	251x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does NATO's PB Ratio compare to its peers?

The above table shows the PB ratio for NATO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	32.4x
PANR Panorama Sentrawisata	1.2x	n/a	Rp721.5b
BUVA Bukit Uluwatu Villa	1.2x	n/a	Rp1.2t
PNSE Pudjiadi and Sons	5.5x	n/a	Rp698.1b
CLAY Citra Putra Realty	121.5x	n/a	Rp503.7b
NATO Surya Permata Andalan	1.4x	n/a	Rp1.1t

Price-To-Book vs Peers: NATO is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (29.8x).

Price to Book Ratio vs Industry

How does NATO's PB Ratio compare vs other companies in the ID Hospitality Industry?

1 Company	Price / Book	Estimated Growth	Market Cap
JGLE Graha Andrasentra Propertindo	0.1x	n/a	US$9.96m

No more companies available in this PB range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: NATO is good value based on its Price-To-Book Ratio (1.4x) compared to the ID Hospitality industry average (1.4x).

Price to Book Ratio vs Fair Ratio

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

NATO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.4x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NATO's Price-To-Book 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.