PT Astrindo Nusantara Infrastruktur Tbk.

bipi

Overview

BIPI Overview

PT Astrindo Nusantara Infrastruktur Tbk is an Indonesia-based investment company. The Company operates its business activities in the mining, services, construction, and trading sectors. The Company focuses on integrated energy infrastructure and owns and operates mining infrastructure through its subsidiary. It conducts its business through three segments, namely Coal Mining, Port Services, Mining and Other Services. Its Port services consist of the Company's operational activities at three ports, namely two ports in South Kalimantan and one port in East Kalimantan. The Company produces coal mining products through PT Putra Hulu Lematang (PHL). PHL has a mining production business license with an area of approximately 1,186 hectares and a port area of 100 hectares in Lahat District, South Sumatra. Its subsidiaries include PT Astrindo Mahakarya Indonesia, Nusantara Mining Ltd., PT Mutiara Kapuas, PT Sentika Mitra Persada, and others.

2468ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BIPI

Development
Market Cap.
IDR 5.16Trillion

~$325.41M USD

Industry
Coal
Sub-Industry
Coal Distribution
Sector
Energy
Sub-Sector

Valuation

BIPI Valuation Metrics

81

IDR

Closing Price on 2024-04-05

Price to Equity

14.01

P/E

At 14.01x P/E TTM, BIPI.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 7.1x).

Price to Book

0.65

P/B

At 0.65x P/B TTM, BIPI.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Price to Sales

0.68

P/S

At 0.68x P/S TTM, BIPI.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Valuing PT Astrindo Nusantara Infrastruktur 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 PT Astrindo Nusantara Infrastruktur Tbk. relative to other stocks in the Oil, Gas & Coal sector

Price/Cash Flow
1.68x
Price/Forward Earnings
5.11x
Enterprise Value/Revenue
1.65x
Enterprise Value/EBITDA
8.59x
PEG Ratio
0.09x

Analyst Ratings

40
60
80
0
100

75.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR812024-04-05
IDR 35.84

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of BIPI is IDR36, which is 55% lower than BIPI's last closing price of IDR81 (as of 2024-04-05).

Valuation Recap of BIPI 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 14.01x is above the ID market average of 8.22x and is trading at a premium to peers in the Oil, Gas & Coal sector (7.09x). In fact, less than 25% of its peers trade at a higher P/E ratio than BIPI.
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 0.65x is similar to the peers average of 1.05x 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 0.68x is similar to 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 BIPI's valuation relative to its current sales and future earnings growth. BIPI trades at a Forward P/E ratio of 5.11x, which is considered fairly undervalued by analysts.
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. BIPI's P/CF ratio of 1.68x is considered healthy 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. BIPI's EV/R ratio of 1.65x is considered fairly underpriced by the market 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 BIPI is IDR 35.84, which is 55% lower than BIPI's last closing price of IDR 81.00.
Max 3

Peers

BIPI 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 Tbk39.59T105.87T 33.17T 5.71T 6.931.43
TCPIPT Transcoal Pacific Tbk.39.27T3.12T 1.76T 0.12T 326.3624.60
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 BIPI stock
WeightNotesScore
High
At a market cap of IDR 5,160.53 billion, BIPI.JK ranks 10 in Market Cap out of 10 companies in the Energy sector.
Max 2
High
At a PE of 14.01, BIPI.JK ranks 4 out of 10 companies in the Energy sector for P/E value. The average PE is 55.33 (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. (326.36) in the Energy sector.
Max 2
Medium
At a PE of 14.01, BIPI.JK is trading at a higher PE than that of its subsector peers in Oil, Gas & Coal (median of 7.09). false●●
Max 2
Medium
At a revenue of IDR 7.63 trillion, BIPI.JK ranks 8 in Revenue out of 10 companies in the Energy sector.
Max 2
Medium
At a profit of IDR 0.37 trillion, BIPI.JK ranks 9 in Profit out of 10 companies in the Energy sector.
Max 2

Future

Future Growth of BIPI

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 BIPI at the moment.
Future growth prospect of BIPI
WeightNotesScore
High
BIPI'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 -19.64% in 2024. This number is lower than the previous year 2023's growth rate of -16.23%. false
Max 3
Medium
The Oil, Gas & Coal sub-sector is projected to decrease earnings by -42.00% in 2024. This number is lower than the previous year 2023's EPS growth of -35.74%. false
Max 3
Medium
BIPI 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 -42.00% in 2024 while revenue growth is projected to decrease by -19.64%. These macroeconomic trends will likely be a headwind for BIPI's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Raymond Anthony Gerungan15.2 years
Michael Wong
Director
Ferdy Yustianto
Director
Andreas Kastono Ahadi
Director
NamePositionShares%
Michael WongDirector34,039,7000.05
Expressed in millions IDR, unless otherwise stated

Ownership

BIPI Ownership

Others
68.43%
Insiders
30.26%
Institutions
1.31%
NameNumber of SharesOwnership (%)Value
Public41,978,500,23865.93,400.26B
Pt Indotambang Perkasa14,622,555,81322.951,184.43B
Morgan Stanley And Co Intl Plc -Ipb Client Account3,696,092,6005.8299.38B
Cgs-Cimb Securities (Singapore) Pte Ltd A-C Morgan Stanley (Odd Lots)3,379,008,5665.3273.70B
Michael Wong34,039,7000.052.76B

Largest Institutional Buy

BlackRock Advisors (UK) Limited
Bought 31-01-2024
+998,500 shares
Northern Trust Investments Inc
Bought 31-01-2024
+288,886 shares
BlackRock Institutional Trust Company NA
Bought 31-01-2024
+221,740 shares

Largest Institutional Sell

No data is available for BIPI at the moment.

Institutional Transactions

Tracking institutional transactions buying / selling of BIPI stock