PT Palma Serasih Tbk

IDX:PSGO Stock Report

Market Cap: Rp3.1t

Palma Serasih Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: PSGO (IDR161) is trading below our estimate of fair value (IDR657.67)

Significantly Below Fair Value: PSGO is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PSGO. This is calculated by dividing PSGO's market cap by their current earnings.
What is PSGO's PE Ratio?
PE Ratio4.5x
EarningsRp668.33b
Market CapRp3.05t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PSGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
BISI BISI International
7.2xn/aRp3.4t
SGRO Sampoerna Agro
12xn/aRp3.7t
TBLA Tunas Baru Lampung
5.7x5.6%Rp3.9t
ANJT Austindo Nusantara Jaya
44xn/aRp2.5t
PSGO Palma Serasih
4.5xn/aRp3.1t

Price-To-Earnings vs Peers: PSGO is good value based on its Price-To-Earnings Ratio (4.5x) compared to the peer average (17.2x).

Price to Earnings Ratio vs Industry

How does PSGO's PE Ratio compare vs other companies in the ID Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
UNSP Bakrie Sumatera Plantations
0.2xn/aUS$20.32m
PSDN Prasidha Aneka Niaga
1xn/aUS$7.62m
No more companies available in this PE range
PSGO 4.5xIndustry Avg. 16.1xNo. of Companies11PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PSGO is good value based on its Price-To-Earnings Ratio (4.5x) compared to the ID Food industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is PSGO'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.

PSGO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.5x
Fair PE Ration/a

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

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