Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
PT Perusahaan Gas Negara Tbk (PGAS.JK) is an Indonesia-based energy firm operating as a subsidiary of PT Pertamina (Persero). Established in 1859 and headquartered in Jakarta, Indonesia, the company specializes in the transmission and distribution of natural gas, serving industrial, commercial, and household consumers in both Indonesia and the United States. Its operations are segmented into three primary areas: Gas commercial and transmission, Oil and Gas Exploration and Production, and Other activities. Beyond its core gas infrastructure business, the company is also involved in liquefied natural gas (LNG) processing, the trading of oil and gas commodities, and comprehensive exploration, exploitation, and business development within the oil and gas sector. Additionally, PT Perusahaan Gas Negara Tbk provides various ancillary services, including fiber optic network rentals, construction and maintenance services for clients, the management and leasing of buildings and equipment, and expert engineering and consultancy services.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of PGAS.JK is 2212 and suggests 41.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i