Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
PT Perusahaan Gas Negara Tbk, together with its subsidiaries, engages in the transmission and distribution of natural gas in Indonesia. It operates through three segments: Trading and Transmission, Exploration and Production of Oil and Gas, and Other Operations. The company is involved in the trading and transmission of oil and gas; processing of liquefied natural gas (LNG) to industrial, commercial and household customers; and trading of LNG and natural gas. It also engages in exploration, exploitation, and business development in oil and gas; provision of fiber optic for network services, as well as construction and maintenance services to customers and management; management and leasing buildings and equipment; and distribution of oil and natural gas. In addition, the company provides telecommunication, engineering, consultancy and services. The company was formerly known as PT Perusahaan Gas Negara (Persero) Tbk and changed its name to PT Perusahaan Gas Negara Tbk in June 2018. The company was founded in 1859 and is headquartered in Jakarta, Indonesia. PT Perusahaan Gas Negara Tbk is a subsidiary of PT Pertamina (Persero).
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 48.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i