Ashmore Asset Management Indonesia Valuation

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

Below Fair Value: AMOR (IDR715) is trading above our estimate of fair value (IDR598.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AMOR. This is calculated by dividing AMOR's market cap by their current earnings.
What is AMOR's PE Ratio?
PE Ratio	15x
Earnings	Rp105.32b
Market Cap	Rp1.58t

AMOR 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	4x
Enterprise Value/EBITDA	12x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AMOR 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	52.7x
BPII Batavia Prosperindo Internasional	34.3x	n/a	Rp5.5t
STAR Buana Artha Anugerah	130.4x	n/a	Rp240.0b
PANS Panin Sekuritas	12.7x	n/a	Rp1.2t
BCAP MNC Kapital Indonesia	33.5x	n/a	Rp2.6t
AMOR Ashmore Asset Management Indonesia	15x	n/a	Rp1.6t

Price-To-Earnings vs Peers: AMOR is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (52.7x).

Price to Earnings Ratio vs Industry

How does AMOR's PE Ratio compare vs other companies in the Asian Capital Markets Industry?

41 Companies	Price / Earnings	Estimated Growth	Market Cap

41 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AMOR is good value based on its Price-To-Earnings Ratio (15x) compared to the Asian Capital Markets industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is AMOR'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.

AMOR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15x
Fair PE Ratio	n/a

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