Bumi Resources Future Growth

Future criteria checks 5/6

Bumi Resources is forecast to grow earnings and revenue by 77.2% and 20.1% per annum respectively while EPS is expected to grow by 55.5% per annum.

Key information

77.2%

Earnings growth rate

55.49%

EPS growth rate

Oil and Gas earnings growth	24.2%
Revenue growth rate	20.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	27 Apr 2026

Recent future growth updates

No updates

Recent updates

Narrative Update • Apr 29

BUMI: Higher Margins And Revenue Outlook Will Support Stronger Future Upside

Analysts have lifted their price target for Bumi Resources from IDR165.15 to IDR292.55, citing revised assumptions for revenue growth, profit margins and a lower future P/E multiple as key drivers of the change. Valuation Changes Fair Value: Revised from IDR165.15 to IDR292.55, indicating a higher assessed value per share based on updated assumptions.

New Narrative • Jul 23

Coal Reforms And Global Shifts Will Shape Future Outlook

Lower royalty rates and potential license extensions will improve profitability, operational certainty, and cost efficiency for the company.

Earnings and Revenue Growth Forecasts

IDX:BUMI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	2,153	466	N/A	489	1
12/31/2026	1,885	280	N/A	397	1
3/31/2026	1,494	87	-67	59	N/A
12/31/2025	1,425	81	-41	59	N/A
9/30/2025	1,470	-26	-34	36	N/A
6/30/2025	1,442	3	-28	11	N/A
3/31/2025	1,397	18	3	30	N/A
12/31/2024	1,360	67	-30	-5	N/A
9/30/2024	1,432	76	-9	31	N/A
6/30/2024	1,390	14	-49	-4	N/A
3/31/2024	1,536	18	-20	20	N/A
12/31/2023	1,680	11	-168	-116	N/A
9/30/2023	1,610	218	-896	-838	N/A
6/30/2023	1,748	439	-890	-820	N/A
3/31/2023	1,935	542	-864	-787	N/A
12/31/2022	1,830	525	-723	-594	N/A
9/30/2022	1,737	470	-134	96	N/A
6/30/2022	1,555	334	-133	88	N/A
3/31/2022	1,167	223	-383	-100	N/A
12/31/2021	1,008	168	-313	-74	N/A
9/30/2021	869	-137	-199	-90	N/A
6/30/2021	772	-250	-180	-80	N/A
3/31/2021	724	-315	17	50	N/A
12/31/2020	790	-338	-20	-18	N/A
9/30/2020	949	-206	-103	-94	N/A
6/30/2020	1,072	-160	-28	-15	N/A
3/31/2020	1,136	-77	-86	-69	N/A
12/31/2019	1,113	7	N/A	-58	N/A
9/30/2019	1,039	91	N/A	-54	N/A
6/30/2019	1,032	150	N/A	-117	N/A
3/31/2019	1,036	179	N/A	-105	N/A
12/31/2018	1,112	220	N/A	-110	N/A
9/30/2018	825	315	N/A	-32	N/A
6/30/2018	562	363	N/A	-50	N/A
3/31/2018	318	375	N/A	-11	N/A
12/31/2017	17	373	N/A	-128	N/A
9/30/2017	23	258	N/A	-156	N/A
6/30/2017	26	251	N/A	-175	N/A
3/31/2017	27	133	N/A	-166	N/A
12/31/2016	23	68	N/A	-53	N/A
9/30/2016	25	-1,224	N/A	128	N/A
6/30/2016	32	-1,384	N/A	95	N/A
3/31/2016	36	-1,559	N/A	-24	N/A
12/31/2015	41	-1,925	N/A	-32	N/A
9/30/2015	46	-1,012	N/A	-201	N/A
6/30/2015	47	-1,082	N/A	-69	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BUMI's forecast earnings growth (77.2% per year) is above the savings rate (6.7%).

Earnings vs Market: BUMI's earnings (77.2% per year) are forecast to grow faster than the ID market (14.6% per year).

High Growth Earnings: BUMI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BUMI's revenue (20.1% per year) is forecast to grow faster than the ID market (14.2% per year).

High Growth Revenue: BUMI's revenue (20.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if BUMI's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/04 23:06
End of Day Share Price	2026/06/04 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PT Bumi Resources Tbk is covered by 12 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ephrem Ravi	Barclays
Daisy Suryo	BofA Global Research
Norman Choong	CLSA

Bumi Resources Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

Investor sentiment deteriorates as stock falls 19%

PT Bumi Resources Tbk, Annual General Meeting, Jun 18, 2026

First quarter 2026 earnings released: EPS: US$0 (vs US$0 in 1Q 2025)

BUMI: Higher Margins And Revenue Outlook Will Support Stronger Future Upside

Full year 2025 earnings released: EPS: US$0 (vs US$0 in FY 2024)

New major risk - Share price stability

New minor risk - Share price stability

Third quarter 2025 earnings released: EPS: US$0 (vs US$0 in 3Q 2024)

No independent directors

Coal Reforms And Global Shifts Will Shape Future Outlook

PT Bumi Resources Tbk, Annual General Meeting, Jun 02, 2025

PT Bumi Resources Tbk has filed a Follow-on Equity Offering in the amount of IDR 221.905213 million.

Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)

PT Bumi Resources Tbk, Annual General Meeting, May 30, 2024

First quarter 2024 earnings released: EPS: US$0.18 (vs US$0 in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: US$0 (vs US$0.003 in FY 2022)

New minor risk - Profit margin trend

Second quarter 2023 earnings released

Investor sentiment deteriorates as stock falls 15%

PT Bumi Resources Tbk, Annual General Meeting, Jun 30, 2023

First quarter 2023 earnings released

Full year 2022 earnings released: EPS: US$0.003 (vs US$0.002 in FY 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.001 (vs US$0 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released

Less than half of directors are independent

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

New 90-day high: Rp103

New 90-day high: Rp83.00

New 90-day high: Rp57.00

Third quarter earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources