Steel Pipe Industry of Indonesia Valuation

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

Below Fair Value: ISSP (IDR282) is trading below our estimate of fair value (IDR6407.72)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ISSP. This is calculated by dividing ISSP's market cap by their current earnings.
What is ISSP's PE Ratio?
PE Ratio	4x
Earnings	Rp492.44b
Market Cap	Rp1.99t

ISSP 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	0.7x
Enterprise Value/EBITDA	3.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ISSP 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	8.2x
GGRP Gunung Raja Paksi	2.6x	n/a	Rp2.6t
GDST Gunawan Dianjaya Steel	9.8x	n/a	Rp949.2b
BTON Betonjaya Manunggal	13.9x	n/a	Rp288.0b
ADMR Adaro Minerals Indonesia	6.4x	0.4%	Rp53.8t
ISSP Steel Pipe Industry of Indonesia	4x	n/a	Rp2.0t

Price-To-Earnings vs Peers: ISSP is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (8.2x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	18.1x	12.0%
ISSP Steel Pipe Industry of Indonesia	4x	n/a	US$125.52m
GGRP Gunung Raja Paksi	2.6x	n/a	US$161.76m
DKFT Central Omega Resources	4.4x	n/a	US$79.20m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap
Industry Avg.	18.1x	12.0%
ISSP Steel Pipe Industry of Indonesia	4x	n/a	US$125.52m

No more companies

Price-To-Earnings vs Industry: ISSP is good value based on its Price-To-Earnings Ratio (4x) compared to the ID Metals and Mining industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is ISSP'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.

ISSP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4x
Fair PE Ratio	n/a

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