Chemstar Indonesia Valuation

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

CHEM (IDR72) is trading above our estimate of [[fair value]] (IDR9.94)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: CHEM (IDR72) is trading above our estimate of fair value (IDR9.94)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CHEM. This is calculated by dividing CHEM's market cap by their current earnings.
What is CHEM's PE Ratio?
PE Ratio	28.4x
Earnings	Rp4.31b
Market Cap	Rp122.40b

CHEM 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	0.8x
Enterprise Value/EBITDA	12.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CHEM 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	6.3x
DPNS Duta Pertiwi Nusantara	6.5x	n/a	Rp112.6b
OBMD OBM Drilchem	6.3x	n/a	Rp172.5b
INCI Intanwijaya Internasional	6.2x	n/a	Rp119.4b
CLPI Colorpak Indonesia	6.1x	n/a	Rp321.7b
CHEM Chemstar Indonesia	28.4x	n/a	Rp122.4b

Price-To-Earnings vs Peers: CHEM is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (6.3x).

Price to Earnings Ratio vs Industry

How does CHEM's PE Ratio compare vs other companies in the ID Chemicals Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
NPGF Nusa Palapa Gemilang	2.9x	n/a	US$6.94m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CHEM is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the ID Chemicals industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is CHEM'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.

CHEM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.4x
Fair PE Ratio	n/a

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