Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Energi Mega Persada Tbk is an upstream oil and gas enterprise specializing in the exploration, development, production, and commercialization of crude oil, natural gas, and coalbed methane. Its operations are established across both Indonesia and Mozambique. The company possesses interests in a range of oil and gas assets, encompassing locations in Indonesia such as Bentu, Korinci Baru, Malacca Strait, Tonga, and Gebang on Sumatra; Kangean in East Java; and Sangatta II in East Kalimantan, as well as the Buzi field situated in Mozambique. This company was established in 2001 and is headquartered in Jakarta, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of ENRG.JK is 1595 and suggests 54.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i