Minahasa Membangun Hebat Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: Insufficient data to calculate HBAT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate HBAT's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HBAT. This is calculated by dividing HBAT's market cap by their current earnings.
What is HBAT's PE Ratio?
PE Ratio	3.6x
Earnings	Rp9.80b
Market Cap	Rp37.47b

HBAT 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	3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HBAT 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	56.3x
REAL Repower Asia Indonesia	124.7x	n/a	Rp46.4b
DADA Diamond Citra Propertindo	91.3x	n/a	Rp52.0b
CSIS Cahayasakti Investindo Sukses	6x	n/a	Rp66.7b
WINR Winner Nusantara Jaya	3.1x	n/a	Rp73.3b
HBAT Minahasa Membangun Hebat	3.6x	n/a	Rp37.5b

Price-To-Earnings vs Peers: HBAT is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (56.3x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap
LPKR Lippo Karawaci	0.4x	-98.7%	US$477.78m
EMDE Megapolitan Developments	2x	n/a	US$28.91m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HBAT is good value based on its Price-To-Earnings Ratio (3.6x) compared to the ID Real Estate industry average (12.8x).

Price to Earnings Ratio vs Fair Ratio

What is HBAT'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.

HBAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.6x
Fair PE Ratio	n/a

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