Sampoerna Agro Valuation

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

Below Fair Value: SGRO (IDR2030) is trading above our estimate of fair value (IDR794.27)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SGRO. This is calculated by dividing SGRO's market cap by their current earnings.
What is SGRO's PE Ratio?
PE Ratio	12x
Earnings	Rp308.82b
Market Cap	Rp3.69t

SGRO 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	1.4x
Enterprise Value/EBITDA	5.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SGRO 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	21x
TBLA Tunas Baru Lampung	5.7x	5.6%	Rp3.9t
BISI BISI International	7.2x	n/a	Rp3.4t
PSGO Palma Serasih	4.5x	n/a	Rp3.1t
NSSS Nusantara Sawit Sejahtera	66.4x	n/a	Rp5.4t
SGRO Sampoerna Agro	12x	n/a	Rp3.7t

Price-To-Earnings vs Peers: SGRO is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (21x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap
UNSP Bakrie Sumatera Plantations	0.2x	n/a	US$20.32m
PSDN Prasidha Aneka Niaga	1x	n/a	US$7.62m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SGRO is good value based on its Price-To-Earnings Ratio (12x) compared to the ID Food industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is SGRO'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.

SGRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12x
Fair PE Ratio	n/a

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