Jaya Real Property Valuation

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

JRPT (IDR655) is trading below our estimate of [[fair value]] (IDR741.38)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: JRPT (IDR655) is trading below our estimate of fair value (IDR741.38)

Significantly Below Fair Value: JRPT is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for JRPT. This is calculated by dividing JRPT's market cap by their current earnings.
What is JRPT's PE Ratio?
PE Ratio	7.8x
Earnings	Rp1.08t
Market Cap	Rp8.46t

JRPT 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	2.9x
Enterprise Value/EBITDA	6.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for JRPT 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	8.3x
DMAS Puradelta Lestari	4.4x	-2.3%	Rp7.7t
SMRA Summarecon Agung	8.6x	-6.4%	Rp9.2t
LPKR Lippo Karawaci	0.4x	-98.7%	Rp7.7t
BKSL Sentul City	19.6x	n/a	Rp6.4t
JRPT Jaya Real Property	7.8x	n/a	Rp8.5t

Price-To-Earnings vs Peers: JRPT is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap
LPKR Lippo Karawaci	0.4x	-98.7%	US$486.71m
EMDE Megapolitan Developments	1.9x	n/a	US$27.23m
WINR Winner Nusantara Jaya	2.9x	n/a	US$4.29m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: JRPT is good value based on its Price-To-Earnings Ratio (7.8x) compared to the ID Real Estate industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is JRPT'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.

JRPT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.8x
Fair PE Ratio	n/a

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