PT Betonjaya Manunggal Tbk

IDX:BTON Stock Report

Market Cap: Rp288.0b

Betonjaya Manunggal Valuation

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

Below Fair Value: BTON (IDR400) is trading above our estimate of fair value (IDR151.06)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BTON. This is calculated by dividing BTON's market cap by their current earnings.
What is BTON's PE Ratio?
PE Ratio13.9x
EarningsRp20.65b
Market CapRp288.00b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BTON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.3x
GDST Gunawan Dianjaya Steel
9.8xn/aRp949.2b
ISSP Steel Pipe Industry of Indonesia
4xn/aRp2.0t
GGRP Gunung Raja Paksi
2.6xn/aRp2.6t
SRSN Indo Acidatama
4.9xn/aRp301.0b
BTON Betonjaya Manunggal
13.9xn/aRp288.0b

Price-To-Earnings vs Peers: BTON is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (5.3x).

Price to Earnings Ratio vs Industry

How does BTON's PE Ratio compare vs other companies in the ID Metals and Mining Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GGRP Gunung Raja Paksi
2.6xn/aUS$161.76m
ISSP Steel Pipe Industry of Indonesia
4xn/aUS$125.52m
DKFT Central Omega Resources
4.4xn/aUS$79.20m
No more companies available in this PE range
BTON 13.9xIndustry Avg. 17.6xNo. of Companies5PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BTON is good value based on its Price-To-Earnings Ratio (13.9x) compared to the ID Metals and Mining industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is BTON'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.

BTON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ration/a

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