Alfa Energi Investama Valuation

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

FIRE (IDR91) is trading above our estimate of [[fair value]] (IDR4.33)

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

Below Fair Value: FIRE (IDR91) is trading above our estimate of fair value (IDR4.33)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FIRE. This is calculated by dividing FIRE's market cap by their current earnings.
What is FIRE's PE Ratio?
PE Ratio	4.3x
Earnings	Rp31.53b
Market Cap	Rp134.26b

FIRE 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	0.4x
Enterprise Value/EBITDA	2.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FIRE 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	7.1x
COAL Black Diamond Resources	5.4x	n/a	Rp212.5b
CNKO Exploitasi Energi Indonesia	1.7x	n/a	Rp62.7b
IATA MNC Energy Investments	3.9x	n/a	Rp1.1t
MBAP Mitrabara Adiperdana	17.5x	n/a	Rp3.7t
FIRE Alfa Energi Investama	4.3x	n/a	Rp134.3b

Price-To-Earnings vs Peers: FIRE is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (7.1x).

Price to Earnings Ratio vs Industry

How does FIRE's PE Ratio compare vs other companies in the ID Oil and Gas Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
CNKO Exploitasi Energi Indonesia	1.7x	n/a	US$3.95m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: FIRE is good value based on its Price-To-Earnings Ratio (4.3x) compared to the ID Oil and Gas industry average (7.8x).

Price to Earnings Ratio vs Fair Ratio

What is FIRE'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.

FIRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.3x
Fair PE Ratio	n/a

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

Discover undervalued companies

PT. Indika Energy

Rp7.3t

Operates as an integrated energy company in Indonesia.

INDY

Rp1,410.00

-10.5%

-6.6%

Radiant Utama Interinsco

Rp130.9b

Provides technical support services primarily in Indonesia.

RUIS

Rp170.00

-26.7%

Capitalinc Investment

Rp159.2b

Operates in the oil and gas sector in Indonesia.

MTFN

Rp5.00

n/a