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PT Trimegah Bangun Persada Tbk
IDX:NCKL

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PT Trimegah Bangun Persada Tbk
IDX:NCKL
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Price: 1 045 IDR -5.43% Market Closed
Market Cap: Rp65.9T

EV/IC

1.3
Current
10%
Cheaper
vs 3-y average of 1.5

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
1.3
=
Enterprise Value
Rp100.9T
/
Invested Capital
Rp52.1T

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
1.3
=
Enterprise Value
Rp100.9T
/
Invested Capital
Rp52.1T

Valuation Scenarios

PT Trimegah Bangun Persada Tbk is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.5), the stock would be worth Rp1 158.83 (11% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+11%
Average Downside
31%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.3 Rp1 045
0%
3-Year Average 1.5 Rp1 158.83
+11%
5-Year Average 1.5 Rp1 158.83
+11%
Industry Average 0 Rp0.42
-100%
Country Average 0.7 Rp555.29
-47%

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 Distribution

In line with most companies in Indonesia
Percentile
68th
Based on 861 companies
68th percentile
1.3
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

PT Trimegah Bangun Persada Tbk
Glance View

Market Cap
65.9T IDR
Industry
Metals & Mining

PT Trimegah Bangun Persada Tbk, a key player in Indonesia's industrial sector, has carved a significant niche for itself through its robust engagement in nickel mining and processing. Operating predominantly in one of the country’s wealthiest mineral regions, the company exploits rich deposits of nickel ore, a vital component in stainless steel and battery manufacturing. This strategic positioning not only allows Trimegah Bangun Persada to mine nickel but also to harness substantial value through vertically integrated operations that extend into refining and producing intermediate and finished goods, leveraging both their extensive mineral deposits and advanced technological capabilities to drive growth. The company generates revenue by selling nickel products globally, targeting the escalating demand driven by sectors such as electric vehicles and renewable energy technologies, where nickel plays an increasingly critical role. By investing in state-of-the-art processing facilities, Trimegah Bangun Persada transforms raw nickel ore into high-demand products like ferronickel and nickel pig iron, effectively capturing value across the supply chain. Additionally, their commitment to sustainable and responsible mining practices ensures that they maintain a competitive edge in the global market, aligning profitability with environmental stewardship, a balance crucial to long-term business success. This harmonious approach not only fortifies the company's financial performance but also its reputation as a forward-thinking and responsible industry leader.

NCKL Intrinsic Value
962.15 IDR
Overvaluation 8%
Intrinsic Value
Price Rp1 045
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