BEST Relative Valuation - Bekasi Fajar Industrial Estate Tbk PT - Alpha Spread
B

Bekasi Fajar Industrial Estate Tbk PT
IDX:BEST

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Bekasi Fajar Industrial Estate Tbk PT
IDX:BEST
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Price: 127 IDR -0.78%
Market Cap: 1.2T IDR
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Relative Value

The Relative Value of one BEST stock under the Base Case scenario is 183.59 IDR. Compared to the current market price of 127 IDR, Bekasi Fajar Industrial Estate Tbk PT is Undervalued by 31%.

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.

BEST Relative Value
Base Case
183.59 IDR
Undervaluation 31%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
57
Median 3Y
2.8
Median 5Y
2.8
Industry
3.8
Forward
1.9
vs History
vs Industry
19
Median 3Y
9.5
Median 5Y
7.5
Industry
16.5
Forward
6.2
vs History
vs Industry
39
Median 3Y
6.6
Median 5Y
5.5
Industry
11.1
vs History
vs Industry
14
Median 3Y
10.3
Median 5Y
6.4
Industry
13.1
vs History
63
vs Industry
81
Median 3Y
0.3
Median 5Y
0.3
Industry
0.8
vs History
33
vs Industry
54
Median 3Y
4.5
Median 5Y
4.3
Industry
6.7
Forward
3.3
vs History
31
vs Industry
61
Median 3Y
7.4
Median 5Y
7.3
Industry
12
vs History
20
vs Industry
44
Median 3Y
10.3
Median 5Y
9.8
Industry
16
Forward
7.7
vs History
20
vs Industry
47
Median 3Y
10.3
Median 5Y
9.8
Industry
19.2
Forward
8.1
vs History
vs Industry
37
Median 3Y
10.2
Median 5Y
7.9
Industry
18.5
vs History
vs Industry
16
Median 3Y
11.4
Median 5Y
10.4
Industry
20.1
vs History
57
vs Industry
72
Median 3Y
0.4
Median 5Y
0.4
Industry
0.7

Multiples Across Competitors

BEST Competitors Multiples
Bekasi Fajar Industrial Estate 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
Bekasi Fajar Industrial Estate Tbk PT
IDX:BEST
1.2T IDR 2.9 -15.6 14.9 14.9
HK
Sun Hung Kai Properties Ltd
HKEX:16
236.5B HKD 3.3 9.6 10.6 12.4
JP
Mitsui Fudosan Co Ltd
TSE:8801
3.9T JPY 1.6 19 15.2 20.7
IN
DLF Ltd
NSE:DLF
2.1T INR 33.7 74.9 107 117.6
JP
Daiwa House Industry Co Ltd
TSE:1925
2.9T JPY 0.6 8.9 7.5 9.4
JP
Mitsubishi Estate Co Ltd
TSE:8802
2.9T JPY 1.9 16.4 12.3 16.4
JP
Sumitomo Realty & Development Co Ltd
TSE:8830
2.2T JPY 2.2 11.5 16.3 20.6
HK
Swire Pacific Ltd
HKEX:19
89B HKD 1.1 3.1 12.9 12.8
PH
Ayala Land Inc
XPHS:ALI
532.3B PHP 3.3 20.3 12.3 14.6
JP
Daito Trust Construction Co Ltd
TSE:1878
1.1T JPY 0.6 14.2 7.5 8.7
IN
Phoenix Mills Ltd
NSE:PHOENIXLTD
310.4B INR 7.6 29.2 29.4 16.9

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