PT RMK Energy Tbk

rmke

Overview

RMKE Overview

PT RMK Energy Tbk is an Indonesia-based company, which is engaged in coal trading, unloading, loading, and crushing of coal services. The Company is engaged in coal logistics services and coal trading, which includes loading and unloading at train stations, port transportation as well as barge loading and coal trading business. Its products and services are divided into two segments: provision of services and coal trading. Its provision of services includes Port services covering coal crushing services from large sizes to sizes according to buyer’s demand standards and also coal loading services on barges and other services and heavy equipment rental. It runs the coal trading business segment through the Company’s subsidiary PT Royaltama Multi Komoditi Nusantara. The Company runs a coal mining business (KBLI 05100), covering mining operations and drilling of various qualities of coal, such as anthracite, bituminous and sub-bituminous.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: RMKE

Main
Market Cap.
IDR 2.09Trillion

~$131.87M USD

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

Valuation

RMKE Valuation Metrics

478

IDR

Closing Price on 2024-04-05

Price to Equity

5.42

P/E

At 5.42x P/E TTM, RMKE.JK is trading at a discount to its peers in the Oil, Gas & Coal sector.

Price to Book

1.45

P/B

At 1.45x P/B TTM, RMKE.JK is trading at a premium to its peers in the Oil, Gas & Coal sector (avg 1.1x).

Price to Sales

0.84

P/S

At 0.84x P/S TTM, RMKE.JK is trading in line with its peers in the Oil, Gas & Coal sector.

Valuing PT RMK Energy 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 RMK Energy Tbk relative to other stocks in the Oil, Gas & Coal sector

Price/Cash Flow
7.57x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.94x
Enterprise Value/EBITDA
4.38x
PEG Ratio
-

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4782024-04-05
IDR 721.04

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of RMKE is IDR721, which is 52% higher than RMKE's last closing price of IDR478 (as of 2024-04-05).

Valuation Recap of RMKE 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 5.42x 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 1.45x 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 0.84x 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 RMKE'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. RMKE's P/CF ratio of 7.57x 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. RMKE's EV/R ratio of 0.94x 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 Higher Intrinsic Value: Analyst's intrinsic value is of RMKE is IDR 721.04, which is 52% higher than RMKE's last closing price of IDR 478.00.●●●
Max 3

Peers

RMKE 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 RMKE stock
WeightNotesScore
High
At a market cap of IDR 2,091.25 billion, RMKE.JK ranks 10 in Market Cap out of 10 companies in the Energy sector.
Max 2
High
At a PE of 5.42, RMKE.JK ranks 8 out of 10 companies in the Energy sector for P/E value. The average PE is 54.47 (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 5.42, RMKE.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 2.50 trillion, RMKE.JK ranks 8 in Revenue out of 10 companies in the Energy sector.
Max 2
Medium
At a profit of IDR 0.39 trillion, RMKE.JK ranks 9 in Profit out of 10 companies in the Energy sector.
Max 2

Future

Future Growth of RMKE

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

Executive Management

President Director

Vincent Saputra15.2 years
William Saputra
Director
Sugiyanto
Director
NamePositionShares%
SurianiCommissioner42,000,0000.96
Tony SaputraPresident Commissioner70,000,0001.6
Vincent SaputraPresident Director14,000,0000.32
William SaputraDirector14,000,0000.32
Expressed in millions IDR, unless otherwise stated

Ownership

RMKE Ownership

Others
19.91%
Insiders
80%
Institutions
0.09%
NameNumber of SharesOwnership (%)Value
Pt Rmk Investama3,360,000,00076.81,606.08B
Public (Scripless)875,000,00020418.25B
Tony Saputra70,000,0001.633.46B
Suriani42,000,0000.9620.08B
Vincent Saputra14,000,0000.326.69B
William Saputra14,000,0000.326.69B

Largest Institutional Buy

No data is available for RMKE at the moment.

Largest Institutional Sell

Acadian Asset Management LLC
Sold 31-12-2023
-2,492,123 shares
SEI Investments Management Corp
Sold 31-12-2023
-998,254 shares

Institutional Transactions

Tracking institutional transactions buying / selling of RMKE stock