Pembangunan Jaya Ancol Valuation

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

Below Fair Value: PJAA (IDR595) is trading above our estimate of fair value (IDR72.81)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PJAA. This is calculated by dividing PJAA's market cap by their current earnings.
What is PJAA's PE Ratio?
PE Ratio	5.8x
Earnings	Rp164.97b
Market Cap	Rp952.00b

PJAA 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	1.3x
Enterprise Value/EBITDA	3.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does PJAA's PE Ratio compare to its peers?

The above table shows the PE ratio for PJAA 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	43.5x
GOLF Intra Golflink Resorts	78.2x	n/a	Rp4.1t
PNSE Pudjiadi and Sons	48.8x	n/a	Rp1.1t
ENAK Champ Resto Indonesia	41.6x	45.2%	Rp1.1t
BAYU Bayu Buana	5.3x	n/a	Rp473.3b
PJAA Pembangunan Jaya Ancol	5.8x	n/a	Rp952.0b

Price-To-Earnings vs Peers: PJAA is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (43.5x).

Price to Earnings Ratio vs Industry

How does PJAA's PE Ratio compare vs other companies in the ID Hospitality Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PJAA is good value based on its Price-To-Earnings Ratio (5.8x) compared to the ID Hospitality industry average (38.2x).

Price to Earnings Ratio vs Fair Ratio

What is PJAA'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.

PJAA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PJAA's Price-To-Earnings 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.