Pelat Timah Nusantara Tbk PT
IDX:NIKL

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Pelat Timah Nusantara Tbk PT
IDX:NIKL
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Price: 234 IDR 0.86% Market Closed
Market Cap: 590.5B IDR
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Relative Value

The Relative Value of one NIKL stock under the Base Case scenario is 714.87 IDR. Compared to the current market price of 234 IDR, Pelat Timah Nusantara Tbk PT is Undervalued by 67%.

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.

NIKL Relative Value
Base Case
714.87 IDR
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
85
Median 3Y
0.4
Median 5Y
0.5
Industry
1.7
vs History
vs Industry
23
Median 3Y
14.7
Median 5Y
15.7
Industry
15.4
vs History
vs Industry
31
Median 3Y
-2.4
Median 5Y
3.4
Industry
9.1
vs History
vs Industry
22
Median 3Y
9.5
Median 5Y
6.7
Industry
15
vs History
92
vs Industry
60
Median 3Y
1.3
Median 5Y
2
Industry
1.4
vs History
73
vs Industry
75
Median 3Y
0.7
Median 5Y
0.8
Industry
2.1
vs History
39
vs Industry
5
Median 3Y
13.6
Median 5Y
17.4
Industry
7.2
vs History
vs Industry
19
Median 3Y
12.2
Median 5Y
14.5
Industry
9.9
vs History
vs Industry
21
Median 3Y
12.2
Median 5Y
14.5
Industry
12.6
vs History
vs Industry
26
Median 3Y
-6.2
Median 5Y
6
Industry
10.3
vs History
vs Industry
20
Median 3Y
-5.8
Median 5Y
6.5
Industry
13
vs History
90
vs Industry
53
Median 3Y
1.1
Median 5Y
1.4
Industry
1.3

Multiples Across Competitors

NIKL Competitors Multiples
Pelat Timah Nusantara 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
Pelat Timah Nusantara Tbk PT
IDX:NIKL
590.5B IDR 0.2 -16.7 -117 -117
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
Pelat Timah Nusantara Tbk PT
IDX:NIKL
Average P/E: 13.2
Negative Multiple: -16.7
N/A N/A
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
Pelat Timah Nusantara Tbk PT
IDX:NIKL
Average EV/EBITDA: 6.8
Negative Multiple: -117
N/A N/A
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
Pelat Timah Nusantara Tbk PT
IDX:NIKL
Average EV/EBIT: 9.2
Negative Multiple: -117
N/A N/A
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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