Adaro Minerals Indonesia Tbk PT
IDX:ADMR

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Adaro Minerals Indonesia Tbk PT Logo
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
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Price: 1 155 IDR 2.21% Market Closed
Market Cap: 47.2T IDR
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Relative Value

The Relative Value of one ADMR stock under the Base Case scenario is 2 471.91 IDR. Compared to the current market price of 1 155 IDR, Adaro Minerals Indonesia Tbk PT is Undervalued by 53%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ADMR Relative Value
Base Case
2 471.91 IDR
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
42
Median 3Y
3.5
Median 5Y
3.5
Industry
1.7
Forward
2.4
vs History
88
vs Industry
24
Median 3Y
9.4
Median 5Y
9.4
Industry
15.4
Forward
6.3
vs History
75
vs Industry
18
Median 3Y
8.6
Median 5Y
8.6
Industry
9.1
vs History
vs Industry
13
Median 3Y
13.5
Median 5Y
13.5
Industry
15
vs History
88
vs Industry
18
Median 3Y
3.8
Median 5Y
3.8
Industry
1.4
vs History
83
vs Industry
43
Median 3Y
3.3
Median 5Y
3.3
Industry
2.1
Forward
2.2
vs History
83
vs Industry
46
Median 3Y
6.3
Median 5Y
6.3
Industry
7.2
vs History
83
vs Industry
24
Median 3Y
6.6
Median 5Y
6.6
Industry
9.9
Forward
4.2
vs History
83
vs Industry
24
Median 3Y
6.6
Median 5Y
6.6
Industry
12.6
Forward
4.4
vs History
80
vs Industry
21
Median 3Y
8.3
Median 5Y
8.3
Industry
10.3
vs History
27
vs Industry
13
Median 3Y
13
Median 5Y
13
Industry
13
vs History
88
vs Industry
20
Median 3Y
3.3
Median 5Y
3.3
Industry
1.3

Multiples Across Competitors

ADMR Competitors Multiples
Adaro Minerals Indonesia Tbk PT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
47.2T IDR 2.4 5.6 4.1 4.1
ZA
Kumba Iron Ore Ltd
JSE:KIO
102.6B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
233.2B BRL 1.1 4.8 3.3 4
AU
Fortescue Metals Group Ltd
ASX:FMG
56B AUD 1.9 6.2 4.1 4.1
AU
Fortescue Ltd
XMUN:FVJ
33.7B EUR 1.9 6.2 4.2 4.2
US
Nucor Corp
NYSE:NUE
27.4B USD 0.7 8.2 4.6 5.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.2T INR 1.3 44.8 11.8 18.3
IN
Tata Steel Ltd
NSE:TATASTEEL
1.8T INR 0.8 -42.7 9.4 16.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
150B CNY 0.5 15.8 15.2 15.2
JP
Nippon Steel Corp
TSE:5401
3.1T JPY 0.4 6.3 5.3 8.8
LU
ArcelorMittal SA
AEX:MT
18.2B EUR 0.3 -15.4 3.7 6.6
P/E Multiple
Earnings Growth P/E to Growth
ID
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
Average P/E: 12.2
5.6
30%
0.2
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-35%
N/A
BR
Vale SA
BOVESPA:VALE3
4.8
44%
0.1
AU
Fortescue Metals Group Ltd
ASX:FMG
6.2
-53%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
6.2
-53%
N/A
US
Nucor Corp
NYSE:NUE
8.2
-37%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
44.8
115%
0.4
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -42.7 N/A N/A
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.8
17%
0.9
JP
Nippon Steel Corp
TSE:5401
6.3
19%
0.3
LU
ArcelorMittal SA
AEX:MT
Negative Multiple: -15.4
371%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
Average EV/EBITDA: 6.6
4.1
38%
0.1
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-20%
N/A
BR
Vale SA
BOVESPA:VALE3
3.3
17%
0.2
AU
Fortescue Metals Group Ltd
ASX:FMG
4.1
-24%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.2
-24%
N/A
US
Nucor Corp
NYSE:NUE
4.6
-21%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
11.8
53%
0.2
IN
Tata Steel Ltd
NSE:TATASTEEL
9.4
93%
0.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.2
211%
0.1
JP
Nippon Steel Corp
TSE:5401
5.3
30%
0.2
LU
ArcelorMittal SA
AEX:MT
3.7
11%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
Average EV/EBIT: 8.7
4.1
25%
0.2
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-40%
N/A
BR
Vale SA
BOVESPA:VALE3
4
-5%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
4.1
-49%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.2
-49%
N/A
US
Nucor Corp
NYSE:NUE
5.8
-35%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
18.3
63%
0.3
IN
Tata Steel Ltd
NSE:TATASTEEL
16.1
155%
0.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.2
39%
0.4
JP
Nippon Steel Corp
TSE:5401
8.8
N/A N/A
LU
ArcelorMittal SA
AEX:MT
6.6
4%
1.6

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