Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Alfa Energi Investama Tbk (FIRE.JK), through its various subsidiaries, plays a key role in Indonesia's coal sector. Its operations primarily encompass coal mining, trading, and logistical transportation services within the country. The company also broadens its activities to include the management of coal stockpiles, crushing processes, and loading services. Possessing significant mining assets, it holds rights to a concession spanning approximately 2,089 hectares in Kutai Kartanegara, East Kalimantan, along with another substantial concession covering about 6,000 hectares in West Kutai, also located in East Kalimantan. Established in 2015, PT Alfa Energi Investama Tbk is headquartered in Jakarta Selatan, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/