Indocement Tunggal Prakarsa Valuation
Is INTP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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 INTP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INTP (IDR7200) is trading below our estimate of fair value (IDR9269.31)
Significantly Below Fair Value: INTP is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INTP?
Other financial metrics that can be useful for relative valuation.
| What is INTP's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | Rp24.70t |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | 8.2x |
| PEG Ratio | 0.9x |
Price to Earnings Ratio vs Peers
How does INTP's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 38x | ||
CMNT Cemindo Gemilang | 105.5x | n/a | Rp18.5t |
SMGR Semen Indonesia (Persero) | 14.4x | 18.8% | Rp31.3t |
SMCB Solusi Bangun Indonesia | 13.1x | n/a | Rp11.7t |
SMBR Semen Baturaja (Persero) | 19x | n/a | Rp2.2t |
INTP Indocement Tunggal Prakarsa | 13.6x | 15.9% | Rp24.7t |
Price-To-Earnings vs Peers: INTP is good value based on its Price-To-Earnings Ratio (13.6x) compared to the peer average (38x).
Price to Earnings Ratio vs Industry
How does INTP's PE Ratio compare vs other companies in the Asian Basic Materials Industry?
Price-To-Earnings vs Industry: INTP is good value based on its Price-To-Earnings Ratio (13.6x) compared to the Asian Basic Materials industry average (16.2x).
Price to Earnings Ratio vs Fair Ratio
What is INTP'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 13.6x |
| Fair PE Ratio | 14.3x |
Price-To-Earnings vs Fair Ratio: INTP is good value based on its Price-To-Earnings Ratio (13.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Rp7,200.00 | Rp11,633.82 +61.6% | 13.2% | Rp14,300.00 | Rp8,600.00 | n/a | 17 |
| Apr ’25 | Rp8,925.00 | Rp11,827.94 +32.5% | 12.9% | Rp14,300.00 | Rp8,600.00 | n/a | 17 |
| Mar ’25 | Rp9,175.00 | Rp11,827.94 +28.9% | 12.8% | Rp14,300.00 | Rp8,400.00 | n/a | 17 |
| Feb ’25 | Rp8,925.00 | Rp11,993.06 +34.4% | 13.4% | Rp14,500.00 | Rp8,400.00 | n/a | 18 |
| Jan ’25 | Rp9,400.00 | Rp12,260.26 +30.4% | 12.9% | Rp14,500.00 | Rp8,400.00 | n/a | 19 |
| Dec ’24 | Rp9,550.00 | Rp12,420.79 +30.1% | 12.6% | Rp14,500.00 | Rp8,400.00 | n/a | 19 |
| Nov ’24 | Rp9,100.00 | Rp12,160.63 +33.6% | 12.6% | Rp14,070.00 | Rp8,400.00 | n/a | 16 |
| Oct ’24 | Rp9,950.00 | Rp12,542.78 +26.1% | 9.3% | Rp14,070.00 | Rp9,200.00 | n/a | 18 |
| Sep ’24 | Rp10,600.00 | Rp12,425.00 +17.2% | 9.9% | Rp14,000.00 | Rp9,200.00 | n/a | 18 |
| Aug ’24 | Rp10,425.00 | Rp12,114.71 +16.2% | 12.4% | Rp14,000.00 | Rp9,000.00 | n/a | 17 |
| Jul ’24 | Rp9,925.00 | Rp12,114.71 +22.1% | 12.4% | Rp14,000.00 | Rp9,000.00 | n/a | 17 |
| Jun ’24 | Rp9,900.00 | Rp12,088.24 +22.1% | 12.2% | Rp14,000.00 | Rp9,000.00 | n/a | 17 |
| May ’24 | Rp10,850.00 | Rp12,198.67 +12.4% | 12.3% | Rp13,800.00 | Rp9,000.00 | Rp7,750.00 | 15 |
| Apr ’24 | Rp10,525.00 | Rp12,192.50 +15.8% | 12.6% | Rp14,900.00 | Rp9,000.00 | Rp8,925.00 | 16 |
| Mar ’24 | Rp11,275.00 | Rp11,497.50 +2.0% | 14.4% | Rp14,900.00 | Rp9,000.00 | Rp9,175.00 | 16 |
| Feb ’24 | Rp9,900.00 | Rp11,615.29 +17.3% | 14.4% | Rp14,900.00 | Rp9,000.00 | Rp8,925.00 | 17 |
| Jan ’24 | Rp9,900.00 | Rp11,585.88 +17.0% | 14.7% | Rp14,900.00 | Rp9,000.00 | Rp9,400.00 | 17 |
| Dec ’23 | Rp10,000.00 | Rp11,580.00 +15.8% | 14.7% | Rp14,900.00 | Rp9,000.00 | Rp9,550.00 | 17 |
| Nov ’23 | Rp10,200.00 | Rp11,570.56 +13.4% | 16.4% | Rp15,500.00 | Rp9,000.00 | Rp9,100.00 | 18 |
| Oct ’23 | Rp9,500.00 | Rp11,697.94 +23.1% | 16.4% | Rp15,500.00 | Rp9,000.00 | Rp9,950.00 | 17 |
| Sep ’23 | Rp9,300.00 | Rp11,603.82 +24.8% | 17.0% | Rp15,500.00 | Rp9,000.00 | Rp10,600.00 | 17 |
| Aug ’23 | Rp9,125.00 | Rp12,666.11 +38.8% | 15.8% | Rp15,500.00 | Rp9,500.00 | Rp10,425.00 | 18 |
| Jul ’23 | Rp9,400.00 | Rp12,907.37 +37.3% | 18.0% | Rp18,000.00 | Rp9,500.00 | Rp9,925.00 | 19 |
| Jun ’23 | Rp9,725.00 | Rp13,573.33 +39.6% | 16.6% | Rp18,000.00 | Rp9,500.00 | Rp9,900.00 | 21 |
| May ’23 | Rp10,475.00 | Rp13,709.05 +30.9% | 15.1% | Rp18,000.00 | Rp9,500.00 | Rp10,850.00 | 21 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.