PT Newport Marine Services TBK

IDX:BOAT Stock Report

Market Cap: Rp959.5b

Newport Marine Services Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: BOAT (IDR232) is trading above our estimate of fair value (IDR150.14)

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

Key Valuation Metric

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

Key metric: As BOAT is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BOAT. This is calculated by dividing BOAT's market cap by their current revenue.
What is BOAT's PS Ratio?
PS Ratio5.4x
SalesUS$9.54m
Market CapUS$60.55m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BOAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4x
MKAP Multikarya Asia Pasifik Raya
3.5xn/aRp887.0b
PKPK Perdana Karya Perkasa
9.9xn/aRp954.0b
TAMU Pelayaran Tamarin Samudra
1.7xn/aRp562.5b
LEAD Logindo Samudramakmur
0.7xn/aRp469.8b
BOAT Newport Marine Services
5.4xn/aRp959.5b

Price-To-Sales vs Peers: BOAT is expensive based on its Price-To-Sales Ratio (5.4x) compared to the peer average (4x).

Price to Sales Ratio vs Industry

How does BOAT's PS Ratio compare vs other companies in the Asian Energy Services Industry?

26 CompaniesPrice / SalesEstimated GrowthMarket Cap
BOAT 5.4xIndustry Avg. 1.2xNo. of Companies26PS01.22.43.64.86+
26 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BOAT is expensive based on its Price-To-Sales Ratio (5.4x) compared to the Asian Energy Services industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is BOAT'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.

BOAT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.4x
Fair PS Ration/a

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