IPCM Relative Valuation - Jasa Armada Indonesia Tbk PT

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Price: 338 IDR 3.68% Market Closed

Market Cap: Rp1.8T

	Jasa Armada Indonesia Tbk PT IDX:IPCM	ID

Multiples-Based Value

The Multiples-Based Value of one IPCM stock under the Base Case scenario is 358.22 IDR. Compared to the current market price of 338 IDR, Jasa Armada Indonesia Tbk PT is Undervalued by 6%.

Multiples-Based 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.

What is relative valuation?

How is Multiples-Based Value calculated?

IPCM Multiples-Based Value

Base Case

Undervaluation 6%

Multiples-Based Value

Price Rp338

Worst Case

Base Case

Best Case

Valuation Multiples

View Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
ID		Jasa Armada Indonesia Tbk PT IDX:IPCM	1.8T IDR	1.2	9.6	5.5	5.5
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	3.1T INR	8.6	25	15.9	20.4
PH	I	International Container Terminal Services Inc XPHS:ICT	1.4T PHP	7.4	23.1	13.2	15.6
CN		Shanghai International Port Group Co Ltd SSE:600018	117.8B CNY	3	8.2	11.9	11.9
ZA	G	Grindrod Ltd JSE:GND	13.2B ZAR	2.4	6.4	10.8	10.8
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	77.6B CNY	2.5	15	13.8	13.8
CN		Qingdao Port International Co Ltd SSE:601298	57.3B CNY	3	10.9	9	9
HK		China Merchants Port Holdings Co Ltd HKEX:144	64B HKD	4.7	9.7	11.7	11.7
CN		China Merchants Port Group Co Ltd SZSE:001872	54.8B CNY	3.2	11.9	16.2	16.2
AU		Qube Holdings Ltd ASX:QUB	8.8B AUD	2	55.8	40.4	40.4
CN		Liaoning Port Co Ltd SSE:601880	39.4B CNY	3.5	30.1	16.3	16.3

				Revenue Growth	P/S to Growth
ID		Jasa Armada Indonesia Tbk PT IDX:IPCM	Average P/S: 3.8 1.2	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	8.6	20%	0.4
PH	I	International Container Terminal Services Inc XPHS:ICT	7.4	11%	0.7
CN		Shanghai International Port Group Co Ltd SSE:600018	3	2%	1.5
ZA	G	Grindrod Ltd JSE:GND	2.4	11%	0.2
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	2.5	N/A	N/A
CN		Qingdao Port International Co Ltd SSE:601298	3	N/A	N/A
HK		China Merchants Port Holdings Co Ltd HKEX:144	4.7	N/A	N/A
CN		China Merchants Port Group Co Ltd SZSE:001872	3.2	N/A	N/A
AU		Qube Holdings Ltd ASX:QUB	2	9%	0.2
CN		Liaoning Port Co Ltd SSE:601880	3.5	N/A	N/A

				Earnings Growth	PEG
ID		Jasa Armada Indonesia Tbk PT IDX:IPCM	Average P/E: 18.7 9.6	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	25	19%	1.3
PH	I	International Container Terminal Services Inc XPHS:ICT	23.1	N/A	N/A
CN		Shanghai International Port Group Co Ltd SSE:600018	8.2	-5%	N/A
ZA	G	Grindrod Ltd JSE:GND	6.4	N/A	N/A
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	15	N/A	N/A
CN		Qingdao Port International Co Ltd SSE:601298	10.9	N/A	N/A
HK		China Merchants Port Holdings Co Ltd HKEX:144	9.7	N/A	N/A
CN		China Merchants Port Group Co Ltd SZSE:001872	11.9	N/A	N/A
AU		Qube Holdings Ltd ASX:QUB	55.8	94%	0.6
CN		Liaoning Port Co Ltd SSE:601880	30.1	N/A	N/A

				EBITDA Growth	EV/EBITDA to Growth
ID		Jasa Armada Indonesia Tbk PT IDX:IPCM	Average EV/EBITDA: 15 5.5	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	15.9	19%	0.8
PH	I	International Container Terminal Services Inc XPHS:ICT	13.2	N/A	N/A
CN		Shanghai International Port Group Co Ltd SSE:600018	11.9	8%	1.5
ZA	G	Grindrod Ltd JSE:GND	10.8	N/A	N/A
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	13.8	N/A	N/A
CN		Qingdao Port International Co Ltd SSE:601298	9	N/A	N/A
HK		China Merchants Port Holdings Co Ltd HKEX:144	11.7	N/A	N/A
CN		China Merchants Port Group Co Ltd SZSE:001872	16.2	N/A	N/A
AU		Qube Holdings Ltd ASX:QUB	40.4	46%	0.9
CN		Liaoning Port Co Ltd SSE:601880	16.3	N/A	N/A

				EBIT Growth	EV/EBIT to Growth
ID		Jasa Armada Indonesia Tbk PT IDX:IPCM	Average EV/EBIT: 15.6 5.5	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	20.4	19%	1.1
PH	I	International Container Terminal Services Inc XPHS:ICT	15.6	11%	1.4
CN		Shanghai International Port Group Co Ltd SSE:600018	11.9	-4%	N/A
ZA	G	Grindrod Ltd JSE:GND	10.8	N/A	N/A
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	13.8	N/A	N/A
CN		Qingdao Port International Co Ltd SSE:601298	9	N/A	N/A
HK		China Merchants Port Holdings Co Ltd HKEX:144	11.7	N/A	N/A
CN		China Merchants Port Group Co Ltd SZSE:001872	16.2	N/A	N/A
AU		Qube Holdings Ltd ASX:QUB	40.4	26%	1.6
CN		Liaoning Port Co Ltd SSE:601880	16.3	N/A	N/A

Jasa Armada Indonesia Tbk PT
IDX:IPCM

Multiples-Based Value

Valuation Multiples

Multiples Across Competitors

IPCM Competitors Multiples
Jasa Armada Indonesia Tbk PT Competitors

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Jasa Armada Indonesia Tbk PT IDX:IPCM

Multiples-Based Value

Valuation Multiples

Multiples Across Competitors

IPCM Competitors Multiples Jasa Armada Indonesia Tbk PT Competitors

See Also

Company

Help

Tools

Stocks

Jasa Armada Indonesia Tbk PT
IDX:IPCM

IPCM Competitors Multiples
Jasa Armada Indonesia Tbk PT Competitors