PT Karya Bersama Anugerah Tbk

IDX:KBAG Stock Report

Market Cap: Rp143.0b

Karya Bersama Anugerah Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: KBAG (IDR19) is trading above our estimate of fair value (IDR8.28)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for KBAG. This is calculated by dividing KBAG's market cap by their current revenue.
What is KBAG's PS Ratio?
PS Ratio6x
SalesRp22.51b
Market CapRp143.00b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for KBAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.4x
CPRI Capri Nusa Satu Properti
35.5xn/aRp121.7b
PUDP Pudjiadi Prestige
5.7xn/aRp224.1b
SAGE Saptausaha Gemilangindah
5.6xn/aRp96.4b
PAMG Bima Sakti Pertiwi
3.1xn/aRp159.4b
KBAG Karya Bersama Anugerah
6xn/aRp143.0b

Price-To-Sales vs Peers: KBAG is expensive based on its Price-To-Sales Ratio (6x) compared to the peer average (4.8x).

Price to Sales Ratio vs Industry

How does KBAG'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$486.71m
APLN Agung Podomoro Land
0.7xn/aUS$151.59m
DILD Intiland Development
0.7xn/aUS$109.71m
MDLN Modernland Realty
0.6xn/aUS$42.64m
KBAG 6.0xIndustry Avg. 2.9xNo. of Companies12PS02.85.68.411.214+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: KBAG is expensive based on its Price-To-Sales Ratio (6x) compared to the ID Real Estate industry average (3x).

Price to Sales Ratio vs Fair Ratio

What is KBAG'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.

KBAG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6x
Fair PS Ration/a

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