Garda Tujuh Buana Valuation

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

GTBO (IDR244) is trading above our estimate of [[fair value]] (IDR132.96)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: GTBO (IDR244) is trading above our estimate of fair value (IDR132.96)

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

Key Valuation Metric

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

Key metric: As GTBO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GTBO. This is calculated by dividing GTBO's market cap by their current revenue.
What is GTBO's PS Ratio?
PS Ratio	1x
Sales	US$38.18m
Market Cap	US$38.30m

GTBO 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	0.9x
Enterprise Value/EBITDA	-5.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for GTBO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.1x
ARII Atlas Resources	0.2x	n/a	Rp823.4b
IATA MNC Energy Investments	0.5x	n/a	Rp1.1t
UNIQ Ulima Nitra	3.2x	n/a	Rp2.1t
COAL Black Diamond Resources	0.5x	n/a	Rp206.3b
GTBO Garda Tujuh Buana	1x	n/a	Rp610.0b

Price-To-Sales vs Peers: GTBO is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

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

4 Companies	Price / Sales	Estimated Growth	Market Cap
INDY PT. Indika Energy	0.2x	n/a	US$462.16m
DOID Delta Dunia Makmur	0.2x	n/a	US$310.90m
ARII Atlas Resources	0.2x	n/a	US$51.88m
CNKO Exploitasi Energi Indonesia	0.03x	n/a	US$3.39m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: GTBO is expensive based on its Price-To-Sales Ratio (1x) compared to the ID Oil and Gas industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is GTBO'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.

GTBO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

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