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Stock Screener·Indonesia·Energy·ELSA.JK
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PT Elnusa Tbk Stocks

IDR 695Last Updated 06.08.2026

Issuer Rating

6/7
Performance

Excellent

Risk

Limited

Recommendation

Buy

Market Cap

IDR 304.35M

IDR 695
Key Takeaways

Risk factor

Resilient to price shocks

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Data is available to registered users only

Profitability factor

Greatly undervalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

PT Elnusa Tbk delivers a comprehensive array of services to Indonesia's oil and gas sector. The company operates through three principal divisions: Integrated Upstream Oil and Gas Services, Oil and Gas Support Services, and Energy Distribution and Logistics Services. Its Integrated Upstream segment offers crucial services such as geophysical and seismic data collection, oil and gas drilling, and various other specialized oilfield operations. The Oil and Gas Support Services division is wide-ranging, including threading for drilling activities, extensive oil and gas data management, and the creation of integrated information technology systems. This segment also provides telecommunication and network services, data storage, satellite and VSAT-based communication, along with manufacturing and trading open-cycle gas turbine pipes. Additionally, it develops solutions for water treatment facilities and smart water meters, handles physical data and general warehousing, core service provision, remote storage, and data remastering. The company further supplies fleet management, logistics, and supply chain solutions, alongside IT and communication services that incorporate IoT products like LORA devices, network infrastructure, and tracking/monitoring systems. Within its Energy Distribution and Logistics segment, Elnusa manages transportation, depot operations, and trading. This includes operating retail gas stations, distributing and trading petroleum products and chemicals, and providing mechanical maintenance, as well as ship rental and agent services. Founded in 1969 and based in South Jakarta, Indonesia, the company was formerly known as PT Electronika Nusantara until it rebranded as PT Elnusa Tbk in June 1984. It is a subsidiary of PT Pertamina Hulu Energi.

Company Valuation

Greatly undervalued
7/7

Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD

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Target Price

Favourable
6/7

The average target price of ELSA.JK is 1129 and suggests 62.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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