Krakatau Steel (Persero) Tbk

kras

-1.41%

Overview

KRAS Overview

PT Krakatau Steel (Persero) Tbk is an Indonesia-based company, which is engaged in steel production and operating in Cilegon, Banten. The Company operates through four segments. Steel Product Segment is engaged in production and sales of steel, such as sponge iron, steel slab, hot rolled steel, cold rolled steel, wire rods, various steel pipes, profile steel, and reinforcing bars, as well as services related to steel, such as coating and tolling services. Infrastructure Facilities segment operates by the Company's subsidiaries, PT Krakatau Sarana Infrastruktur, which provides industrial land and area development. Engineering and construction segment provides engineering, procurement, construction (EPC) services, as well as project management and maintenance covering the construction, development, and maintenance sectors in the metal, energy, chemical and petrochemical industries, and infrastructure. Other services segment provides information technology services.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: KRAS

Development
Market Cap.
IDR 2.71Trillion

~$169.27M USD

Industry
Metals & Minerals
Sub-Industry
Iron & Steel
Sector
Basic Materials
Sub-Sector

Valuation

KRAS Valuation Metrics

140

IDR
-1.4%

Closing Price on 2024-04-18

Price to Equity

-1.45

P/E

At -1.45x P/E TTM, KRAS.JK is trading at a discount to its peers in the Basic Materials sector.

Price to Book

0.32

P/B

At 0.32x P/B TTM, KRAS.JK is trading at a discount to its peers in the Basic Materials sector.

Price to Sales

0.11

P/S

At 0.11x P/S TTM, KRAS.JK is trading at a discount to its peers in the Basic Materials sector.

Valuing Krakatau Steel (Persero) Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Basic Materials sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Krakatau Steel (Persero) Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
0.48x
Price/Forward Earnings
5.60x
Enterprise Value/Revenue
1.03x
Enterprise Value/EBITDA
7.79x
PEG Ratio
0.00x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of KRAS 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 -1.45x is below the ID market average of 8.46x and is trading at a discount to peers in the Basic Materials sector (8.44x).

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 0.32x is below the peers average of 0.88x in the Basic Materials sector. In fact, less than 25% of its peers trade at a lower P/B ratio than KRAS.

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 0.11x is below the peers average of 0.83x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of KRAS's valuation relative to its current sales and future earnings growth. KRAS trades at a Forward P/E ratio of 5.60x, which is considered fairly undervalued by analysts.

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. KRAS's P/CF ratio of 0.48x is considered healthy by analysts.

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. KRAS's EV/R ratio of 1.03x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.14x.

Peers

KRAS 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
AMMNPT Amman Mineral Internasional Tbk.649.04T140.91T 31.50T 3.91T 166.189.21
TPIAPT Chandra Asri Petrochemical Tbk599.09T86.97T 33.46T -0.52T -1151.8914.12
BRPTBarito Pacific Tbk89.82T157.22T 42.76T 0.40T 222.033.43
MDKAPT Merdeka Copper Gold Tbk.67.36T76.90T 26.44T -0.32T -210.524.69
MBMAPT Merdeka Battery Materials Tbk61.02T50.55T 20.58T 0.11T 568.512.57
NCKLPT Trimegah Bangun Persada Tbk.56.47T45.29T 23.86T 5.62T 10.052.40
INKPIndah Kiat Pulp & Paper Tbk52.79T156.84T 53.89T 6.37T 8.280.57
INCOVale Indonesia Tbk42.83T45.32T 19.09T 4.25T 10.081.08
ANTMAneka Tambang Tbk.41.45T35.50T 43.15T 4.04T 10.251.68
BRMSBumi Resources Minerals Tbk22.54T17.27T 0.55T 0.27T 83.081.24
Competitiveness Recap of KRAS stock
WeightNotesScore
High
At a market cap of IDR 2,708.50 billion, KRAS.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.

High
At a PE of -1.45, KRAS.JK ranks 8 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -36.85 (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 Basic Materials. In this regard, it trails behind sector leaders such as PT Merdeka Battery Materials Tbk (568.51) in the Basic Materials sector.

Medium
At a PE of -1.45, KRAS.JK is trading at a lower PE than that of its subsector peers in Basic Materials (median of 8.44). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.

Medium
At a revenue of IDR 25.23 trillion, KRAS.JK ranks 7 in Revenue out of 10 companies in the Basic Materials sector.

Medium
At a profit of -IDR 1.87 trillion, KRAS.JK ranks 10 in Profit out of 10 companies in the Basic Materials sector.

Future

Future Growth of KRAS

Growth Forecasts

No data available

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 5.04% against the IDX average of +7.6%.

Basic Materials sector overview
No data is available for KRAS at the moment.
Future growth prospect of KRAS
WeightNotesScore
High
KRAS's projected growth rate of 5.04% is below the ID market average of 7.62%.

High
The Basic Materials sub-sector is projected to grow revenue by 93.43% in 2024. This number is higher than the previous year 2023's growth rate of -8.67%. This bodes well for KRAS's revenue growth prospects in the next 2 years.

Medium
The Basic Materials sub-sector is projected to increase earnings by 8.54% in 2024. This number is higher than the previous year 2023's EPS growth of 0.72%. This bodes well for KRAS's earnings growth prospects in the next 2 years.

Medium
KRAS and its peers in the Basic Materials sub-sector belongs to the Basic Materials sector. Companies in the Basic Materials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 8.54% in 2024 while revenue growth is projected to increase by 93.43%. These macroeconomic trends will likely be a tailwind for KRAS's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Purwono Widodo15.2 years
Sriyani Puspa Kinasih
Director
Tardi
Director
Muhammad Akbar Djohan
Director
Djoko Muljono
Director
Agus Nizar Vidiansyah
Director
NamePositionShares%
Agus Nizar VidiansyahDirector25,000< 0.01
Djoko MuljonoDirector35,000< 0.01
I Gusti Putu SuryawirawanCommissioner51,500< 0.01
Purwono WidodoPresident Director132,500< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

KRAS Ownership

Others
19.65%
Insiders
80.04%
Institutions
0.31%
NameNumber of SharesOwnership (%)Value
Republic Of Indonesia15,477,117,520802,166.80B
Public3,869,035,38020541.66B
No data is available for KRAS at the moment.