PT OBM Drilchem Tbk

obmd

Overview

OBMD Overview

PT OBM Drilchem Tbk is an Indonesia-based manufacturer and provider of specialty drilling fluid additives to the global drilling industry. The Company develops products, which are specifically designed to improve the efficiency of the drilling process. The Company’s products include FRACSEAL, DRIL-EZY, STOPLOSS and SOLUSEAL. FRACSEAL is finely sized organic cellulose fibers, which are used in minimizing fluid invasion, stabilizing unconsolidated sand formations, reducing torque and drag in deviated wells, stabilizing shale, stabilizing coal beds and improving return permeability. DRIL-EZY is an acid soluble drilling fluid additive designed for protecting producing formations in drilling operations. STOPLOSS is a special blend of Loss Circulation Material (LCM), which is used to treat severe fluid loss to total loss (>60 bph) with lower concentrations. SOLUSEAL is a special blend of reactive loss circulation material (LCM) which is effective for treating severe fluid loss.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: OBMD

Development
Market Cap.
IDR 215.73Billion

~$13.73M USD

Industry
Chemicals
Sub-Industry
Specialty Chemicals
Sector
Basic Materials
Sub-Sector

Valuation

OBMD Valuation Metrics

262

IDR

Closing Price on 2024-04-05

Price to Equity

8.85

P/E

At 8.85x P/E TTM, OBMD.JK is trading in line with its peers in the Basic Materials sector.

Price to Book

1.41

P/B

At 1.41x P/B TTM, OBMD.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.9x).

Price to Sales

1.70

P/S

At 1.70x P/S TTM, OBMD.JK is trading at a premium to its peers in the Basic Materials sector (avg 0.8x).

Valuing PT OBM Drilchem 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 PT OBM Drilchem Tbk relative to other stocks in the Basic Materials sector

Price/Cash Flow
13.06x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.35x
Enterprise Value/EBITDA
-46.92x
PEG Ratio
0.05x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of OBMD 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 8.85x is above the ID market average of 8.22x and is trading at a premium to peers in the Basic Materials sector (8.22x).
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 1.41x is above the peers average of 0.89x in the Basic Materials 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 1.70x is above the peers average of 0.76x in the Basic Materials sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of OBMD'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. OBMD's P/CF ratio of 13.06x 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. OBMD's EV/R ratio of 1.35x is considered extremely underpriced by the market The average EV/R ratio for the Basic Materials sector is 1.07x. ●●
Max 3

Peers

OBMD 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.649.04T127.21T 0.00T 0.00T 9.75
TPIAPT Chandra Asri Petrochemical Tbk614.23T77.45T 32.03T -0.92T -667.5114.37
BRPTBarito Pacific Tbk94.03T146.77T 41.15T 0.38T 244.683.78
MDKAPT Merdeka Copper Gold Tbk.63.00T72.67T 21.67T -0.52T -122.324.38
MBMAPT Merdeka Battery Materials Tbk62.64T0.00T 0.00T 0.00T
NCKLPT Trimegah Bangun Persada Tbk.56.79T45.09T 8.99T 2.04T 27.892.56
INKPIndah Kiat Pulp & Paper Tbk52.38T155.79T 56.29T 8.11T 6.460.57
ANTMAneka Tambang Tbk.41.01T35.50T 43.15T 4.04T 10.141.67
INCOVale Indonesia Tbk40.74T44.35T 18.96T 3.84T 10.601.05
AVIAPT Avia Avian Tbk34.36T11.34T 6.90T 1.46T 23.533.41
Competitiveness Recap of OBMD stock
WeightNotesScore
High
At a market cap of IDR 215.73 billion, OBMD.JK ranks 10 in Market Cap out of 10 companies in the Basic Materials sector.
Max 2
High
At a PE of 8.85, OBMD.JK ranks 5 out of 10 companies in the Basic Materials sector for P/E value. The average PE is -48.12 (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 Barito Pacific Tbk (244.68) in the Basic Materials sector.
Max 2
Medium
At a PE of 8.85, OBMD.JK is trading at a higher PE than that of its subsector peers in Basic Materials (median of 8.22). false
Max 2
Medium
At a revenue of IDR 0.13 trillion, OBMD.JK ranks 8 in Revenue out of 10 companies in the Basic Materials sector.
Max 2
Medium
At a profit of IDR 0.02 trillion, OBMD.JK ranks 6 in Profit out of 10 companies in the Basic Materials sector.
Max 2

Future

Future Growth of OBMD

Growth Forecasts

No data available

Sector Benchmark

Basic Materials companies in Indonesia are growing at a projected rate of 1.84% against the IDX average of +12.0%.

Basic Materials sector overview
No data is available for OBMD at the moment.
Future growth prospect of OBMD
WeightNotesScore
High
OBMD's projected growth rate of 1.84% is below the ID market average of 11.98%.●●●
Max 3
High
The Basic Materials sub-sector is projected to grow revenue by 19.16% in 2024. This number is higher than the previous year 2023's growth rate of 1.18%. This bodes well for OBMD's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Basic Materials sub-sector is projected to decrease earnings by -97.81% in 2024. This number is higher than the previous year 2023's EPS growth of -104.18%. false
Max 3
Medium
OBMD 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 challenging year heading into 2024. Specifically, earnings are projected to decrease by -97.81% in 2024 while revenue growth is projected to increase by 19.16%. These macroeconomic trends will likely be a tailwind for OBMD's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Ryanto Husodo15.2 years

Vice President Director

Ivan Alamsyah Siregar15.4 years
Irvan Juliansah
Director
Ayudyah Widyahening
Director
NamePositionShares%
Mohamad As'AdCommissioner69,200,0008.59
Ryanto HusodoPresident Director69,200,0008.59
Expressed in millions IDR, unless otherwise stated

Ownership

OBMD Ownership

Others
31.76%
Insiders
68.24%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Indotek Driling Solusi411,600,00051.07107.84B
Public (Scripless)145,804,33118.0938.20B
Mohamad As'Ad69,200,0008.5918.13B
Ryanto Husodo69,200,0008.5918.13B
Hendra66,904,2008.2917.53B
Suryaprana Nutrisindo Pt43,284,4005.3711.34B
No data is available for OBMD at the moment.