Vale Indonesia Tbk PT
IDX:INCO

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Vale Indonesia Tbk PT Logo
Vale Indonesia Tbk PT
IDX:INCO
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Price: 6 750 IDR 0.75% Market Closed
Market Cap: Rp71.1T

P/B

1.5
Current
46%
More Expensive
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
Rp71.7T
/
Total Equity
$2.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
Rp71.7T
/
Total Equity
$2.8B

Valuation Scenarios

Vale Indonesia Tbk PT is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth Rp4 615.72 (32% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-32%
Maximum Upside
+98%
Average Upside
18%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 Rp6 750
0%
3-Year Average 1 Rp4 615.72
-32%
5-Year Average 1.5 Rp6 690.64
-1%
Industry Average 3 Rp13 388.33
+98%
Country Average 1.6 Rp7 209.9
+7%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
ID
Vale Indonesia Tbk PT
IDX:INCO
71.1T IDR 1.5 54.7
AU
BHP Group Ltd
ASX:BHP
284.9B AUD 4 19.6
AU
Rio Tinto Ltd
ASX:RIO
278.6B AUD 3.6 19.8
UK
Rio Tinto PLC
LSE:RIO
119.9B GBP 2.7 15.9
CH
Glencore PLC
LSE:GLEN
65.5B GBP 2.2 238.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 4 18
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
414.2B CNY 5 20.4
UK
Anglo American PLC
LSE:AAL
43.5B GBP 3.2 -15.4
CN
China Molybdenum Co Ltd
OTC:CMCLF
52.2B USD 4.4 17.7
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.4B ZAR 0.7 34.5

Market Distribution

In line with most companies in Indonesia
Percentile
48th
Based on 852 companies
48th percentile
1.5
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.9
Median 1.6
70th Percentile 2.9
Max 652 108.7

Vale Indonesia Tbk PT
Glance View

In the tropical archipelago of Indonesia, with its sprawling landscapes rich in natural resources, Vale Indonesia Tbk PT stands as a significant player in the mining industry. As a subsidiary of the global mining giant Vale S.A., this company operates one of the world's largest integrated laterite nickel mining concessions in the picturesque region of Sorowako, South Sulawesi. Since its establishment in 1968, Vale Indonesia has been committed to extracting nickel and laterite ores from the earth, transforming them into products that are critical for the stainless steel and battery industries. This operation involves mining, processing, and exporting nickel matte—a product with a high nickel content—making it a linchpin in the global supply chain for metals. Behind the scenes, Vale Indonesia's economic engine churns through an intricate process involving community engagement, sustainable practices, and technological innovation. The company benefits from Indonesia's increasing demand for nickel, driven by advancements in electric vehicle production and other technologies. It leverages its well-established infrastructure and vast deposits to maintain a competitive edge, while also facing the complexities of environmental regulation and the country's evolving mining policies. By focusing on operational efficiency and investing in future-oriented practices, Vale Indonesia not only enhances its profitability but also aims to uphold its environmental stewardship and social responsibilities. This dual focus allows it to navigate the demands of both the market and the ecosystems it operates within, crafting a narrative of growth interwoven with responsibility.

INCO Intrinsic Value
3 207.25 IDR
Overvaluation 52%
Intrinsic Value
Price Rp6 750
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