PT Andalan Sakti Primaindo Tbk

IDX:ASPI Stock Report

Market Cap: Rp136.8b

Andalan Sakti Primaindo Valuation

Is ASPI 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ASPI (IDR200) is trading above our estimate of fair value (IDR8.47)

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

Key Valuation Metric

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

Key metric: As ASPI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASPI. This is calculated by dividing ASPI's market cap by their current revenue.
What is ASPI's PS Ratio?
PS Ratio5x
SalesRp27.34b
Market CapRp136.76b

Price to Sales Ratio vs Peers

How does ASPI's PS Ratio compare to its peers?

The above table shows the PS ratio for ASPI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average15x
RBMS Ristia Bintang Mahkotasejati
0.5xn/aRp85.0b
MINA Sanurhasta Mitra
18.6xn/aRp150.9b
PUDP Pudjiadi Prestige
5.6xn/aRp220.1b
CPRI Capri Nusa Satu Properti
35.5xn/aRp121.7b
ASPI Andalan Sakti Primaindo
5xn/aRp136.8b

Price-To-Sales vs Peers: ASPI is good value based on its Price-To-Sales Ratio (5x) compared to the peer average (8.2x).

Price to Sales Ratio vs Industry

How does ASPI's PS Ratio compare vs other companies in the ID Real Estate Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
LPKR Lippo Karawaci
0.6x-35.7%US$495.65m
APLN Agung Podomoro Land
0.7xn/aUS$151.59m
DILD Intiland Development
0.7xn/aUS$110.37m
MDLN Modernland Realty
0.6xn/aUS$42.64m
ASPI 5.0xIndustry Avg. 3.0xNo. of Companies12PS02.85.68.411.214+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ASPI is expensive based on its Price-To-Sales Ratio (5x) compared to the ID Real Estate industry average (2.9x).

Price to Sales Ratio vs Fair Ratio

What is ASPI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASPI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ASPI's Price-To-Sales 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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