Bayan Resources Tbk

BYAN

Overview

BYAN Overview

PT Bayan Resources Tbk. is an Indonesia-based holding company. The Company is engaged in trading and service activities, particularly coal trading both domestically and internationally. The Company is a producer of environmentally friendly, low-sulfur subbituminous and bituminous coal. The Company integrates coal mining, processing and logistic operations through its subsidiaries. The Company’s segments include Coal and Non-coal. It is engaged in open cut mining of four main projects located in East and South Kalimantan, Indonesia. The Company produces coal ranging from high calorific value bituminous coal to sub-bituminous low-sulfur, low-ash coal. Its Teguh Sinar Abadi (TSA)/Firman Ketaun Perkasa (FKP) mine consists of two adjacent Coal Contracts of Works (CCOWs) located in the Kutai Barat Regency, East Kalimantan. Its barge loading facility has crushing capacity of 1,000 tons per hour, overall stockpile capacity of 400,000 tons and barge loading capacity of 2,000 tons per hour.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BYAN

Main
Market Cap.
IDR 626.67Trillion
#6 in Indonesia

~$39.52B USD

Industry
Coal
Sub-Industry
Coal Production
Sector
Energy
Sub-Sector

Valuation

BYAN Valuation Metrics

18,800

IDR

Closing Price on 2024-04-05

Price to Equity

28.10

P/E

At 28.10x P/E TTM, BYAN.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 6.9x).

Price to Book

19.61

P/B

At 19.61x P/B TTM, BYAN.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 1.1x).

Price to Sales

9.98

P/S

At 9.98x P/S TTM, BYAN.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 0.9x).

Valuing Bayan Resources Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Oil, Gas & Coal sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Bayan Resources Tbk relative to other stocks in the Oil, Gas & Coal sector

Price/Cash Flow
33.87x
Price/Forward Earnings
-
Enterprise Value/Revenue
9.91x
Enterprise Value/EBITDA
20.64x
PEG Ratio
-0.40x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR18,8002024-04-05
IDR 10,834.21

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of BYAN is IDR10,834, which is 41% lower than BYAN's last closing price of IDR18,800 (as of 2024-04-05).

Valuation Recap of BYAN stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 28.10x is above the ID market average of 8.09x and is trading at a premium to peers in the Oil, Gas & Coal sector (6.91x). In fact, less than 25% of its peers trade at a higher P/E ratio than BYAN.
Max 3
High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 19.61x is above the peers average of 1.05x in the Oil, Gas & Coal sector. BYAN trades at a higher P/B ratio than >75% of its peers in the Oil, Gas & Coal sector.
Max 3
Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 9.98x is above the peers average of 0.90x in the Oil, Gas & Coal sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of BYAN's valuation relative to its current sales and future earnings growth.
Max 2
Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. BYAN's P/CF ratio of 33.87x is considered a relatively high ratio by analysts.
Max 2
Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. BYAN's EV/R ratio of 9.91x is considered a relatively high ratio The average EV/R ratio for the Oil, Gas & Coal sector is 1.12x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of BYAN is IDR 10,834.21, which is 41% lower than BYAN's last closing price of IDR 18,800.00.
Max 3

Peers

BYAN Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
BYANBayan Resources Tbk626.67T43.87T 62.77T 22.30T 28.1019.61
DSSADian Swastatika Sentosa Tbk94.78T40.07T 89.83T 9.49T 9.984.81
ADROAdaro Energy Indonesia Tbk83.38T161.04T 109.47T 27.61T 3.020.79
CUANPT Petrindo Jaya Kreasi Tbk60.99T2.29T 1.76T 0.45T 135.4837.27
ADMRPT Adaro Minerals Indonesia Tbk54.78T23.52T 14.69T 4.55T 12.044.50
MEDCPT Medco Energi Internasional Tbk39.05T105.87T 33.17T 5.71T 6.841.41
TCPIPT Transcoal Pacific Tbk.39.00T3.12T 1.76T 0.12T 324.1424.43
GEMSGolden Energy Mines Tbk35.29T17.80T 44.42T 9.04T 3.903.72
AKRAPT AKR Corporindo Tbk.34.24T28.81T 42.94T 2.55T 13.433.20
PTBABukit Asam Tbk33.66T36.00T 39.32T 6.35T 5.301.75
Competitiveness Recap of BYAN stock
WeightNotesScore
High
At a market cap of IDR 626,665.99 billion, BYAN.JK ranks 1 in Market Cap out of 10 companies in the Energy sector.●●
Max 2
High
At a PE of 28.10, BYAN.JK ranks 3 out of 10 companies in the Energy sector for P/E value. The average PE is 54.22 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Energy. In this regard, it trails behind sector leaders such as PT Transcoal Pacific Tbk. (324.14) in the Energy sector.
Max 2
Medium
At a PE of 28.10, BYAN.JK is trading at a higher PE than that of its subsector peers in Oil, Gas & Coal (median of 6.91). false●●
Max 2
Medium
At a revenue of IDR 62.77 trillion, BYAN.JK ranks 3 in Revenue out of 10 companies in the Energy sector.
Max 2
Medium
At a profit of IDR 22.30 trillion, BYAN.JK ranks 2 in Profit out of 10 companies in the Energy sector.●●
Max 2

Future

Future Growth of BYAN

Growth Forecasts

No data available

Sector Benchmark

Oil, Gas & Coal companies in Indonesia are shrinking at a projected rate of -9.58% against the IDX average of +12.0%.

Oil, Gas & Coal sector overview
No data is available for BYAN at the moment.
Future growth prospect of BYAN
WeightNotesScore
High
BYAN's projected growth rate of -9.58% is below the ID market average of 11.98%.●●●
Max 3
High
The Oil, Gas & Coal sub-sector is projected to shrink revenue by -19.54% in 2024. This number is lower than the previous year 2023's growth rate of -16.16%. false
Max 3
Medium
The Oil, Gas & Coal sub-sector is projected to decrease earnings by -41.83% in 2024. This number is lower than the previous year 2023's EPS growth of -35.62%. false
Max 3
Medium
BYAN and its peers in the Oil, Gas & Coal sub-sector belongs to the Energy sector. Companies in the Energy sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to decrease by -41.83% in 2024 while revenue growth is projected to decrease by -19.54%. These macroeconomic trends will likely be a headwind for BYAN's earnings growth prospects in the next 2 years.
Max 3
Loading...
Loading...

Management

Executive Management

President Director

Dato' Dr. Low Tuck Kwong15.2 years
Jenny Quantero
Director
Lim Chai Hock
Director
Low Yi Ngo
Director
Russell John Neil
Director
Alastair Gordon Christopher Mcleod
Director
Kim, Sung Kook
Director
Alexander Ery Wibowo
Director
Oliver Khaw Kar Heng
Director
Lee Minhyung
Director
Merlin
Director
Ulina Fitriani
Director
NamePositionShares%
Alastair G.C. McleodDirector5,000,000< 0.01
Alexander Ery Wibowo Sh, LlmDirector1,000,000< 0.01
Dato' Dr Low Tuck KwongDirector20,352,515,57061.06
Jenny QuanteroDirector994,975,0002.98
Lim Chai HockDirector1,086,940,0003.26
Low Yi NgoDirector61,599,8000.19
MerlinDirector2,002,000< 0.01
Oliver Khaw Kar HengDirector617,600< 0.01
Russell NeilDirector5,000,000< 0.01
Ulina FitrianiDirector10,000,0000.03
Expressed in millions IDR, unless otherwise stated

Ownership

BYAN Ownership

Others
22.44%
Insiders
77.55%
Institutions
0.01%
NameNumber of SharesOwnership (%)Value
Dato' Dr Low Tuck Kwong20,352,515,57061.06382,627.29B
Public (Scripless)7,480,305,03022.44140,629.73B
Pt Sumber Suryadana Prima3,333,380,0001062,667.54B
Lim Chai Hock1,086,940,0003.2620,434.47B
Jenny Quantero994,975,0002.9818,705.53B
Low Yi Ngo61,599,8000.191,158.08B
Ulina Fitriani10,000,0000.03188.00B
Merlin2,002,0000.0137.64B
Alastair G.C. Mcleod5,000,0000.0194.00B
Russell Neil5,000,0000.0194.00B

Largest Institutional Buy

Jackson National Asset Management, LLC
Bought 31-01-2024
+29,200 shares
Columbia Threadneedle
Bought 31-01-2024
+12,600 shares

Largest Institutional Sell

Eaton Vance Management
Sold 31-01-2024
-942,645 shares
Rayliant Investment Research
Sold 31-01-2024
-502,300 shares
Eaton Vance
Sold 31-01-2024
-428,000 shares

Institutional Transactions

Tracking institutional transactions buying / selling of BYAN stock