Risk factor
Modest price volatility
Profitability factor
Undervalued vs peers
About
PT Bukit Asam Tbk, alongside its affiliated entities, primarily engages in coal extraction and related operations across Indonesia. Its comprehensive activities span from initial geological surveying and exploration to the full cycle of exploitation, processing, purification, transportation, and global trade of coal. Beyond these core functions, the company manages specialized port infrastructure for coal, operates steam power generation facilities, and offers expert advisory services pertinent to the coal mining industry. The organization also diversifies its interests into briquette manufacturing, various mining support services, oil palm cultivation and processing, healthcare provisions, and ventures in real estate and construction. Demonstrating a significant international presence, it conducts business in numerous countries, including China, the Philippines, Taiwan, Japan, India, Malaysia, South Korea, Thailand, Vietnam, and Hong Kong, among other global markets. Established in 1919, the company's corporate headquarters are located in Tanjung Enim Selatan, Indonesia. Formerly known as PT Bukit Asam Persero Tbk, it officially adopted its current name, PT Bukit Asam Tbk, in November 2017, and functions as a subsidiary of PT Indonesia Asahan Aluminium (Persero).
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced on P/FCF.
Target Price
The average target price of PTBA.JK is 2965 and suggests 15.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i