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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: 1 840 IDR -1.08% Market Closed
Market Cap: Rp75.2T

EV/IC

2
Current
26%
Cheaper
vs 3-y average of 2.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2
=
Enterprise Value
Rp82.6T
/
Invested Capital
$2.4B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2
=
Enterprise Value
Rp82.6T
/
Invested Capital
$2.4B

Valuation Scenarios

Adaro Minerals Indonesia Tbk PT is trading below its 3-year average

If EV/IC returns to its 3-Year Average (2.7), the stock would be worth Rp2 493.04 (35% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+46%
Average Downside
21%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2 Rp1 840
0%
3-Year Average 2.7 Rp2 493.04
+35%
5-Year Average 2.9 Rp2 685.46
+46%
Industry Average 0 Rp0.5
-100%
Country Average 0.7 Rp665.72
-64%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
ID
Adaro Minerals Indonesia Tbk PT
IDX:ADMR
75.2T IDR 2 16.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
98.1B ZAR 1.1 6.7
BR
Vale SA
BOVESPA:VALE3
360.2B BRL 0.9 24.6
US
Nucor Corp
NYSE:NUE
50.9B USD 1.8 29.3
AU
Fortescue Metals Group Ltd
ASX:FMG
62.2B AUD 1.7 11
AU
Fortescue Ltd
XMUN:FVJ
37.9B EUR 1.8 11.7
LU
ArcelorMittal SA
AEX:MT
37.3B EUR 0.6 13.9
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
US
Steel Dynamics Inc
NASDAQ:STLD
32.5B USD 2.4 23.7
IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
35.5T KRW 0.5 53.9

Market Distribution

Higher than 77% of companies in Indonesia
Percentile
77th
Based on 861 companies
77th percentile
2
Low
0 — 0.3
Typical Range
0.3 — 1.4
High
1.4 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.3
Median 0.7
70th Percentile 1.4
Max 115 637.5

Adaro Minerals Indonesia Tbk PT
Glance View

Adaro Minerals Indonesia Tbk PT, a prominent player in the Indonesian mining sector, paints a robust portrait of resilience and growth within the coal industry. Founded to exploit Indonesia's rich mineral resources, the company operates under the larger banner of the Adaro Group, distinguished for its integrated approach to coal mining and energy production. The heart of its operations lies in the exploitation and marketing of metallurgical coal, a key ingredient in steel production. This positions Adaro Minerals strategically in the global energy supply chain, especially in Southeast Asia, where the demand for infrastructure development is driving a surging need for steel. Through its commitment to efficient and environmentally conscious mining practices, Adaro Minerals ensures not only the steady extraction of resources but also a significant reduction in carbon footprint, an approach that aligns well with global shifts towards sustainable industrial practices. The company's business model thrives on its ability to capitalize on economies of scale, mining sizable blocks of coking coal, and ensuring cost efficiency throughout its value chain. Revenue streams flow primarily from the sale of these high-quality coal products to domestic and international markets. Strategically located mining facilities allow the company to streamline logistics and reduce transportation costs, thereby enhancing its competitive edge in the market. Furthermore, Adaro Minerals also benefits from the strategic synergies provided by its affiliation with the Adaro Group, leveraging shared resources, knowledge, and infrastructure. This dynamic interplay not only bolsters its market presence but also reinforces its position as a trusted supplier in the metallurgical coal industry, capable of navigating both local challenges and global market fluctuations with agility.

ADMR Intrinsic Value
1 939.14 IDR
Undervaluation 5%
Intrinsic Value
Price Rp1 840
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