Elnusa Tbk

elsa

Overview

ELSA Overview

PT Elnusa Tbk is an Indonesia-based integrated energy services company that provides total solutions. The Company's segments include integrated upstream oil and gas services, oil and gas support services and energy distribution and logistics services. Its integrated upstream oil and gas services segment provides geophysical/seismic data services, oil and gas drilling service and oilfield services. The Oil and gas support services segment provides threading services, open cycle gas turbine (OCGT) pipe trading and manufacturing, threading for oil and gas drilling, data and information on energy and mineral resources management services (particularly oil and gas exploration and exploitation), integrated information technology development services, telecommunication services and very-small-aperture terminal-based communication systems. The energy distribution and logistics services segment provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ELSA

Main
Market Cap.
IDR 2.92Trillion

~$184.09M USD

Industry
Oil, Gas & Coal Supports
Sub-Industry
Oil & Gas Drilling Service
Sector
Energy
Sub-Sector

Valuation

ELSA Valuation Metrics

400

IDR

Closing Price on 2024-04-05

Price to Equity

5.91

P/E

At 5.91x P/E TTM, ELSA.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Price to Book

0.67

P/B

At 0.67x P/B TTM, ELSA.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Price to Sales

0.23

P/S

At 0.23x P/S TTM, ELSA.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

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

Price/Cash Flow
2.27x
Price/Forward Earnings
8.06x
Enterprise Value/Revenue
0.18x
Enterprise Value/EBITDA
3.32x
PEG Ratio
0.04x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4002024-04-05
IDR 406.07

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of ELSA is IDR406, which is 3% higher than ELSA's last closing price of IDR400 (as of 2024-04-05).

Valuation Recap of ELSA 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 5.91x is below the ID market average of 8.22x and is trading at a discount to 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 0.67x 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 0.23x 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 ELSA's valuation relative to its current sales and future earnings growth. ELSA trades at a Forward P/E ratio of 8.06x, 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. ELSA's P/CF ratio of 2.27x 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. ELSA's EV/R ratio of 0.18x is considered extremely underpriced by the market The average EV/R ratio for the Oil, Gas & Coal sector is 1.12x. ●●●
Max 3
Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of ELSA is IDR 406.07, which is 3% higher than ELSA's last closing price of IDR 400.00.
Max 3

Peers

ELSA 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
HILLPT Hillcon Tbk5.69T4.52T 3.50T 0.30T 18.963.87
Competitiveness Recap of ELSA stock
WeightNotesScore
High
At a market cap of IDR 2,919.40 billion, ELSA.JK ranks 10 in Market Cap out of 10 companies in the Energy sector.
Max 2
High
At a PE of 5.91, ELSA.JK ranks 8 out of 10 companies in the Energy sector for P/E value. The average PE is 54.52 (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 5.91, ELSA.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 12.72 trillion, ELSA.JK ranks 8 in Revenue out of 10 companies in the Energy sector.
Max 2
Medium
At a profit of IDR 0.49 trillion, ELSA.JK ranks 8 in Profit out of 10 companies in the Energy sector.
Max 2

Future

Future Growth of ELSA

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

Executive Management

President Director

John Hisar Simamora15.2 years
Charles Harianto Lumban Tobing
Director
Bachtiar Soeria Atmadja
Director
Ratih Esti Prihatini
Director
Hera Handayani
Director
NamePositionShares%
No data is available for ELSA at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

ELSA Ownership

Others
47.2%
Insiders
51.1%
Institutions
1.7%
NameNumber of SharesOwnership (%)Value
Pt Pertamina Hulu Energi3,729,781,00051.11,491.91B
Public (Scripless)3,562,766,50048.811,425.11B
Public (Scrip)5,952,5000.082.38B

Largest Institutional Buy

Acadian Asset Management LLC
Bought 31-01-2024
+288,868 shares
Russell Investments Limited
Bought 31-01-2024
+9,614 shares

Largest Institutional Sell

PT Eastspring Investment Indonesia
Sold 31-01-2024
-12,219,400 shares
Metis Global Partners, LLC
Sold 31-01-2024
-3,261,800 shares
Dimensional Fund Advisors LP
Sold 31-01-2024
-1,327,048 shares

Institutional Transactions

Tracking institutional transactions buying / selling of ELSA stock