Delta Dunia Makmur Tbk

doid

Overview

DOID Overview

PT Delta Dunia Makmur Tbk is an Indonesia-based holding company, which operates through its subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), which is a coal-mining contractor in Indonesia. The Company’s line of business includes services, mining, trading, development, and/or construction. Its main business has been focused on coal mining contractor services. BUMA carries out work ranging from overburden removal, coal mining, coal hauling, as well as reclamation, and land rehabilitation. It has a total of 10 mining sites spread across Kalimantan. BUMA has two representative offices located in Balikpapan, South Kalimantan and Tanjung Redeb, East Kalimantan. Its operational areas of BUMA Indonesia include Berau Coal-Lati, Berau Coal-Binungan, Bayan-Indonesia Pratama (IPR), Adaro-Paringin, Adaro-Tutupan, Geo Energy-Sungai Danau Jaya (SDJ), Geo Energy-Tanah Bumbu Resources (TBR), Angsana Jaya Energi (AJE), and Tadjahan Antang Mineral (TAM).

2468ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: DOID

Main
Market Cap.
IDR 3.18Trillion

~$200.78M USD

Industry
Oil, Gas & Coal Supports
Sub-Industry
Oil, Gas & Coal Equipment & Services
Sector
Energy
Sub-Sector

Valuation

DOID Valuation Metrics

434

IDR

Closing Price on 2024-04-05

Price to Equity

6.95

P/E

At 6.95x P/E TTM, DOID.JK is trading in line with its peers in the Oil, Gas & Coal sector.

Price to Book

0.79

P/B

At 0.79x P/B TTM, DOID.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Price to Sales

0.12

P/S

At 0.12x P/S TTM, DOID.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Valuing Delta Dunia Makmur 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 Delta Dunia Makmur Tbk relative to other stocks in the Oil, Gas & Coal sector

Price/Cash Flow
0.72x
Price/Forward Earnings
2.35x
Enterprise Value/Revenue
0.54x
Enterprise Value/EBITDA
7.24x
PEG Ratio
0.50x

Analyst Ratings

40
60
80
0
100

100.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR4342024-04-05
IDR 184.85

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of DOID is IDR185, which is 56% lower than DOID's last closing price of IDR434 (as of 2024-04-05).

Valuation Recap of DOID 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 6.95x is below the ID market average of 8.22x but is trading in a P/E range similar to its peers in the Oil, Gas & Coal sector (7.09x).
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 0.79x 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 0.12x is below 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 DOID's valuation relative to its current sales and future earnings growth. DOID trades at a Forward P/E ratio of 2.35x, 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. DOID's P/CF ratio of 0.72x 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. DOID's EV/R ratio of 0.54x is considered extremely 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 DOID is IDR 184.85, which is 56% lower than DOID's last closing price of IDR 434.00.
Max 3

Peers

DOID Peers and Comparison

Market Cap.

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
HILLPT Hillcon Tbk5.69T4.52T 3.50T 0.30T 18.963.87
Competitiveness Recap of DOID stock
WeightNotesScore
High
At a market cap of IDR 3,184.11 billion, DOID.JK ranks 10 in Market Cap out of 10 companies in the Energy sector.
Max 2
High
At a PE of 6.95, DOID.JK ranks 7 out of 10 companies in the Energy sector for P/E value. The average PE is 54.62 (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 6.95, DOID.JK is trading at a lower PE than that of its subsector peers in Oil, Gas & Coal (median of 7.09). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 27.00 trillion, DOID.JK ranks 7 in Revenue out of 10 companies in the Energy sector.
Max 2
Medium
At a profit of IDR 0.46 trillion, DOID.JK ranks 8 in Profit out of 10 companies in the Energy sector.
Max 2

Future

Future Growth of DOID

Growth Forecasts

DOID 2024 Revenue Growth
-0.9%
DOID 2024 EPS Growth
0.0%
Sector Revenue Growth
-9.6%
Oil, Gas & Coal
Indonesia Market Growth
+12.0%
IDX overall growth
Oil, Gas & Coal Sector Revenue Growth '24
-19.6%
Energy Sector Revenue Growth '24
-19.6%

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

DOID Earnings & Revenue Forecast

All values in IDR billion

Future growth prospect of DOID
WeightNotesScore
High
DOID'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
DOID 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 DOID's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Ronald Sutardja15.2 years
Dian Sofia Andyasuri
Director
Sorimuda Pulungan
Director
NamePositionShares%
Ronald SutardjaPresident Director22,760,0000.26
Sorimuda PulunganDirector13,559,5000.16
Expressed in millions IDR, unless otherwise stated

Ownership

DOID Ownership

Others
60.17%
Insiders
38.28%
Institutions
1.55%
NameNumber of SharesOwnership (%)Value
Public (Scripless)4,035,351,63246.811,751.34B
Northstar Tambang Persada Ltd.3,264,000,00037.861,416.58B
Treasury Stock1,284,502,10014.9557.47B
Ronald Sutardja22,760,0000.269.88B
Sorimuda Pulungan13,559,5000.165.88B
Public (Scrip)1,000,0000.010.43B

Largest Institutional Buy

Acadian Asset Management LLC
Bought 31-01-2024
+20,348,842 shares

Largest Institutional Sell

NN Investment Partners (Japan) Co Ltd
Sold 31-01-2024
-3,588,400 shares
Dimensional Fund Advisors LP
Sold 31-01-2024
-2,703,196 shares
SEI Investments Management Corp
Sold 31-01-2024
-2,016,000 shares

Institutional Transactions

Tracking institutional transactions buying / selling of DOID stock