Pembangunan Perumahan Properti Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PPRO. This is calculated by dividing PPRO's market cap by their current revenue.
What is PPRO's PS Ratio?
PS Ratio	1.4x
Sales	Rp900.27b
Market Cap	Rp1.30t

PPRO 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	12.9x
Enterprise Value/EBITDA	-36.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.6x
ADCP Adhi Commuter Properti	1.7x	n/a	Rp1.1t
MDLN Modernland Realty	0.6x	n/a	Rp664.3b
BSBK Wulandari Bangun Laksana	3.3x	n/a	Rp1.3t
APLN Agung Podomoro Land	0.7x	n/a	Rp2.4t
PPRO Pembangunan Perumahan Properti	1.4x	n/a	Rp1.3t

Price-To-Sales vs Peers: PPRO is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

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

9 Companies	Price / Sales	Estimated Growth	Market Cap
LPKR Lippo Karawaci	0.6x	-35.7%	US$486.71m
APLN Agung Podomoro Land	0.7x	n/a	US$148.73m
DILD Intiland Development	0.7x	n/a	US$111.67m
MDLN Modernland Realty	0.6x	n/a	US$41.85m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: PPRO is good value based on its Price-To-Sales Ratio (1.4x) compared to the ID Real Estate industry average (2.9x).

Price to Sales Ratio vs Fair Ratio

What is PPRO'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.

PPRO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.4x
Fair PS Ratio	n/a

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