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

HRUM is expensive based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (5.2x).

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

HRUM is expensive based on its Price-To-Earnings Ratio (7.4x) compared to the ID Oil and Gas industry average (7.4x).

What is HRUM'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.

HRUM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (8.6x).

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

HRUM (IDR1025) is trading below our estimate of [[fair value]] (IDR5023.45)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

HRUM Stock Overview

Through its subsidiaries, engages in the coal and minerals mining, and logistics and processing activities in Indonesia. More details

HRUM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 79.6% below our estimate of its fair value

Earnings are forecast to grow 17.62% per year

Risk Analysis

Profit margins (9.1%) are lower than last year (20.3%)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

PT Harum Energy Tbk Competitors

Baramulti Suksessarana

IDX:BSSR

Rp11.0t

Prima Andalan Mandiri

IDX:MCOL

Rp18.1t

ABM Investama

IDX:ABMM

Rp9.4t

Bukitm

IDX:PTBA

Rp29.8t

Price History & Performance

Summary of share price highs, lows and changes for Harum Energy
Historical stock prices
Current Share Price	Rp1,025.00
52 Week High	Rp1,590.00
52 Week Low	Rp1,015.00
Beta	0.25
1 Month Change	-11.26%
3 Month Change	-24.91%
1 Year Change	-21.46%
3 Year Change	-50.72%
5 Year Change	288.26%
Change since IPO	-5.96%

Recent updates

Shareholder Returns

	HRUM	ID Oil and Gas	ID Market
7D	-9.3%	-3.3%	-3.6%
1Y	-21.5%	16.9%	2.7%

Return vs Industry: HRUM underperformed the ID Oil and Gas industry which returned 16.9% over the past year.

Return vs Market: HRUM underperformed the ID Market which returned 2.7% over the past year.

Price Volatility

Is HRUM's price volatile compared to industry and market?
HRUM volatility
HRUM Average Weekly Movement	4.6%
Oil and Gas Industry Average Movement	6.2%
Market Average Movement	5.5%
10% most volatile stocks in ID Market	12.8%
10% least volatile stocks in ID Market	2.4%

Stable Share Price: HRUM has not had significant price volatility in the past 3 months compared to the ID market.

Volatility Over Time: HRUM's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	3,729	Ray Gunara	www.harumenergy.com

PT Harum Energy Tbk, through its subsidiaries, engages in the coal and minerals mining, and logistics and processing activities in Indonesia. The company operates through four segments: Mining Sectors, Rental and Service Sectors, Nickel Smelter Sector, and Other Sectors. It is involved in the general survey, exploration, exploitation, and sale of coal and nickel deposits.

PT Harum Energy Tbk Fundamentals Summary

How do Harum Energy's earnings and revenue compare to its market cap?
HRUM fundamental statistics
Market cap	Rp13.64t
Earnings (TTM)	Rp1.84t
Revenue (TTM)	Rp20.30t

7.4x

P/E Ratio

0.7x

P/S Ratio

Is HRUM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HRUM income statement (TTM)
Revenue	US$1.25b
Cost of Revenue	US$944.47m
Gross Profit	US$308.78m
Other Expenses	US$195.07m
Earnings	US$113.71m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0085
Gross Margin	24.64%
Net Profit Margin	9.07%
Debt/Equity Ratio	20.8%

How did HRUM perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 01:12
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

PT Harum Energy Tbk is covered by 37 analysts. 7 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
Prama Chusnun	BNP Paribas Securities (Asia)
Erindra Krisnawan	CGS International

HRUM Stock Overview

Rewards

Risk Analysis

PT Harum Energy Tbk Competitors

IDX:BSSR

Rp11.0t

IDX:MCOL

Rp18.1t

IDX:ABMM

Rp9.4t

IDX:PTBA

Rp29.8t

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: US$0.002 (vs US$0.003 loss in 3Q 2023)

Consensus EPS estimates fall by 29%

Investor sentiment improves as stock rises 16%

Price target decreased by 8.7% to Rp1,973

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.004 in 2Q 2023)

Consensus revenue estimates increase by 14%

Recent updates

Third quarter 2024 earnings released: EPS: US$0.002 (vs US$0.003 loss in 3Q 2023)

Consensus EPS estimates fall by 29%

Investor sentiment improves as stock rises 16%

Price target decreased by 8.7% to Rp1,973

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.004 in 2Q 2023)

Consensus revenue estimates increase by 14%

Key Executive recently bought Rp179m worth of stock

Key Executive recently bought Rp334m worth of stock

Consensus revenue estimates increase by 13%

Investor sentiment deteriorates as stock falls 20%

First quarter 2024 earnings released: EPS: US$0 (vs US$0.008 in 1Q 2023)

New minor risk - Share price stability

Consensus revenue estimates increase by 11%

Investor sentiment deteriorates as stock falls 17%

Price target increased by 7.8% to Rp2,144

Price target decreased by 9.6% to Rp2,057

Third quarter 2023 earnings released: US$0.003 loss per share (vs US$0.007 profit in 3Q 2022)

Price target decreased by 7.8% to Rp2,318

Second quarter 2023 earnings released: EPS: US$0.004 (vs US$0.007 in 2Q 2022)

Consensus EPS estimates fall by 13%

PT Harum Energy Tbk, Annual General Meeting, Jun 09, 2023

Now 21% undervalued after recent price drop

Consensus revenue estimates increase by 14%

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 22% undervalued after recent price drop

Price target decreased to Rp2,741

Less than half of directors are independent

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.001 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 16%

PT Harum Energy Tbk, Annual General Meeting, Jun 06, 2022

Consensus forecasts updated

Less than half of directors are independent

Consensus forecasts updated

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued

Investor sentiment deteriorated over the past week

Now 20% undervalued

Investor sentiment improved over the past week

Now 22% undervalued

Price target increased to Rp11,850

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.01 (vs US$0.002 in 3Q 2020)

Investor sentiment improved over the past week

Consensus EPS estimates increase to US$0.018

Price target increased to Rp4,950

Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.008 profit in 2Q 2020)

Consensus forecasts updated

Consensus forecasts updated

Investor sentiment improved over the past week

Consensus forecasts updated

Full year 2020 earnings released: EPS US$0.023 (vs US$0.007 in FY 2019)

Investor sentiment deteriorated over the past week

New 90-day high: Rp7,400

Investor sentiment improved over the past week

New 90-day high: Rp4,890