SMRA Relative Valuation - Summarecon Agung Tbk PT - Alpha Spread

Summarecon Agung Tbk PT
IDX:SMRA

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Summarecon Agung Tbk PT
IDX:SMRA
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Price: 705 IDR 3.68% Market Closed
Market Cap: 11.6T IDR
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Relative Value

The Relative Value of one SMRA stock under the Base Case scenario is 1 288.99 IDR. Compared to the current market price of 705 IDR, Summarecon Agung Tbk PT is Undervalued by 45%.

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.

SMRA Relative Value
Base Case
1 288.99 IDR
Undervaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
69
Median 3Y
1.7
Median 5Y
1.8
Industry
3.8
Forward
1.5
vs History
77
vs Industry
39
Median 3Y
15.4
Median 5Y
22.5
Industry
16.5
Forward
12.3
vs History
25
vs Industry
46
Median 3Y
6.1
Median 5Y
6.4
Industry
11.1
vs History
66
vs Industry
46
Median 3Y
5.1
Median 5Y
5.5
Industry
13.1
vs History
58
vs Industry
41
Median 3Y
1.1
Median 5Y
1.2
Industry
0.8
vs History
66
vs Industry
72
Median 3Y
2.1
Median 5Y
2.4
Industry
6.7
Forward
2
vs History
69
vs Industry
77
Median 3Y
4
Median 5Y
4.6
Industry
12
vs History
69
vs Industry
64
Median 3Y
6.9
Median 5Y
8.3
Industry
16
Forward
6.1
vs History
69
vs Industry
63
Median 3Y
6.9
Median 5Y
8.3
Industry
19.2
Forward
7
vs History
26
vs Industry
52
Median 3Y
8
Median 5Y
8.4
Industry
18.5
vs History
19
vs Industry
43
Median 3Y
8.4
Median 5Y
7.6
Industry
20.1
vs History
55
vs Industry
67
Median 3Y
0.5
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

SMRA Competitors Multiples
Summarecon Agung 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
Summarecon Agung Tbk PT
IDX:SMRA
11.6T IDR 1.6 12.4 6.9 6.9
HK
China Resources Land Ltd
HKEX:1109
148.3B HKD 0.5 4.8 3.5 3.6
HK
China Overseas Land & Investment Ltd
HKEX:688
125.6B HKD 0.6 5.1 6.9 7
HK
Henderson Land Development Co Ltd
HKEX:12
120.6B HKD 4.1 18.6 25.9 25.9
IN
Macrotech Developers Ltd
NSE:LODHA
1.3T INR 11.2 70.1 40.5 43.4
HK
CK Asset Holdings Ltd
HKEX:1113
113.9B HKD 2.6 7.3 11.1 11.1
CN
Poly Developments and Holdings Group Co Ltd
SSE:600048
93.9B CNY 0.3 12.9 16.9 16.9
CN
China Merchants Shekou Industrial Zone Holdings Co Ltd
SZSE:001979
86.1B CNY 0.5 18.5 24.7 24.7
CN
China Vanke Co Ltd
SZSE:000002
80.3B CNY 0.2 -10.6 53.4 53.4
IN
Godrej Properties Ltd
NSE:GODREJPROP
809.4B INR 28.5 72.2 -673.9 -486
IN
Prestige Estates Projects Ltd
NSE:PRESTIGE
760.7B INR 9.4 56.8 28.1 38

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