PT Summarecon Agung Tbk

IDX:SMRA Stock Report

Market Cap: Rp9.0t

Summarecon Agung Valuation

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

Below Fair Value: SMRA (IDR545) is trading above our estimate of fair value (IDR337.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SMRA. This is calculated by dividing SMRA's market cap by their current earnings.
What is SMRA's PE Ratio?
PE Ratio8.6x
EarningsRp1.05t
Market CapRp9.00t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SMRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.3x
JRPT Jaya Real Property
7.8xn/aRp8.5t
DMAS Puradelta Lestari
4.5x-2.3%Rp7.7t
LPKR Lippo Karawaci
0.4x-98.7%Rp7.8t
BKSL Sentul City
20.6xn/aRp6.7t
SMRA Summarecon Agung
8.6x-2.8%Rp9.0t

Price-To-Earnings vs Peers: SMRA is expensive based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LPKR Lippo Karawaci
0.4x-98.7%US$491.18m
EMDE Megapolitan Developments
1.7xn/aUS$25.75m
No more companies available in this PE range
SMRA 8.6xIndustry Avg. 12.7xNo. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SMRA is good value based on its Price-To-Earnings Ratio (8.6x) compared to the ID Real Estate industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is SMRA'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.

SMRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio6.3x

Price-To-Earnings vs Fair Ratio: SMRA is expensive based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (6.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SMRA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRp545.00
Rp821.67
+50.8%
9.6%Rp1,000.00Rp710.00n/a9
Nov ’25Rp640.00
Rp818.22
+27.8%
9.9%Rp1,000.00Rp710.00n/a9
Oct ’25Rp695.00
Rp791.40
+13.9%
10.9%Rp1,000.00Rp700.00n/a10
Sep ’25Rp610.00
Rp798.89
+31.0%
13.2%Rp1,000.00Rp700.00n/a9
Aug ’25Rp580.00
Rp804.44
+38.7%
12.6%Rp1,000.00Rp700.00n/a9
Jul ’25Rp500.00
Rp785.00
+57.0%
14.4%Rp1,000.00Rp575.00n/a11
Jun ’25Rp510.00
Rp779.55
+52.9%
14.5%Rp1,000.00Rp575.00n/a11
May ’25Rp515.00
Rp780.45
+51.5%
14.4%Rp1,000.00Rp575.00n/a11
Apr ’25Rp525.00
Rp772.92
+47.2%
15.6%Rp1,000.00Rp575.00n/a12
Mar ’25Rp560.00
Rp777.69
+38.9%
16.8%Rp1,000.00Rp575.00n/a13
Feb ’25Rp550.00
Rp755.00
+37.3%
16.5%Rp1,000.00Rp575.00n/a13
Jan ’25Rp575.00
Rp808.33
+40.6%
19.5%Rp1,150.00Rp575.00n/a12
Dec ’24Rp615.00
Rp802.69
+30.5%
20.0%Rp1,150.00Rp510.00n/a13
Nov ’24Rp530.00
Rp808.33
+52.5%
21.5%Rp1,150.00Rp510.00Rp640.0012
Oct ’24Rp575.00
Rp813.93
+41.6%
19.6%Rp1,150.00Rp510.00Rp695.0014
Sep ’24Rp660.00
Rp827.00
+25.3%
19.7%Rp1,150.00Rp510.00Rp610.0015
Aug ’24Rp650.00
Rp805.60
+23.9%
21.6%Rp1,150.00Rp510.00Rp580.0015
Jul ’24Rp660.00
Rp825.60
+25.1%
22.7%Rp1,150.00Rp510.00Rp500.0015
Jun ’24Rp640.00
Rp825.60
+29.0%
22.7%Rp1,150.00Rp510.00Rp510.0015
May ’24Rp560.00
Rp853.69
+52.4%
26.4%Rp1,200.00Rp510.00Rp515.0016
Apr ’24Rp530.00
Rp863.06
+62.8%
25.7%Rp1,200.00Rp510.00Rp525.0016
Mar ’24Rp590.00
Rp871.75
+47.8%
24.9%Rp1,200.00Rp510.00Rp560.0016
Feb ’24Rp610.00
Rp871.75
+42.9%
24.9%Rp1,200.00Rp510.00Rp550.0016
Jan ’24Rp605.00
Rp887.53
+46.7%
24.2%Rp1,200.00Rp510.00Rp575.0017
Dec ’23Rp650.00
Rp878.94
+35.2%
23.5%Rp1,200.00Rp510.00Rp615.0016
Nov ’23Rp585.00
Rp931.75
+59.3%
24.4%Rp1,210.00Rp510.00Rp530.0016

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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