Adaro Energy Indonesia TBK PT
IDX:ADRO
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.5), the stock would be worth Rp1 778.97 (29% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.7 | Rp2 520 |
0%
|
| 3-Year Average | 0.5 | Rp1 778.97 |
-29%
|
| 5-Year Average | 0.5 | Rp1 833.5 |
-27%
|
| Industry Average | 0 | Rp0.36 |
-100%
|
| Country Average | 0.7 | Rp2 576.07 |
+2%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| ID |
|
Adaro Energy Indonesia TBK PT
IDX:ADRO
|
72.6T IDR | 0.7 | 9.6 | |
| ID |
|
Alamtri Resources Indonesia Tbk PT
F:A640
|
155.5B EUR | 36.7 | 417 | |
| CN |
|
China Shenhua Energy Co Ltd
SSE:601088
|
953.7B CNY | 2 | 18 | |
| ZA |
E
|
Exxaro Resources Ltd
JSE:EXX
|
75.2B ZAR | 0.8 | 9.9 | |
| CA |
C
|
Cameco Corp
NYSE:CCJ
|
53.6B USD | 8.8 | 123.5 | |
| CN |
|
Shaanxi Coal Industry Co Ltd
SSE:601225
|
253.3B CNY | 1.4 | 13.2 | |
| CN |
|
China Coal Energy Co Ltd
SSE:601898
|
248.2B CNY | 1 | 13.9 | |
| CN |
|
Yankuang Energy Group Co Ltd
SSE:600188
|
228.5B CNY | 0.8 | 27.3 | |
| IN |
|
Coal India Ltd
NSE:COALINDIA
|
3T INR | 1.2 | 9.9 | |
| ID |
|
Bayan Resources Tbk PT
IDX:BYAN
|
380T IDR | 8.6 | 29.6 | |
| ZA |
T
|
Thungela Resources Ltd
JSE:TGA
|
20.4B ZAR | 0.6 | -2.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.3 |
| Median | 0.7 |
| 70th Percentile | 1.4 |
| Max | 115 637.5 |
Other Multiples
Adaro Energy Indonesia TBK PT
Glance View
Adaro Energy Indonesia TBK PT, a titan in the Indonesian coal industry, has carved out a distinctive niche within the global energy market. Born in 2004, the company rapidly ascended the ranks to become one of the country's largest coal producers, predominantly fueled by the rich deposits of its flagship Adaro Tutupan mine. This mine, part of the massive coal-rich basin in South Kalimantan, boasts some of the most vast and accessible coal reserves. Adaro Energy efficiently operates across the entire coal production supply chain—from exploration and mining through to logistics and marketing—assuring that coal is supplied reliably to customers across Asia and beyond. Its well-integrated operations allow it to exploit economies of scale and enhance its profitability. Central to Adaro Energy's business model is its vertically integrated coal supply chain, which ensures cost-effective production and distribution. The company's revenue is primarily generated through the extraction, sales, and distribution of thermal coal to power-generating companies worldwide, catering to the growing demand for affordable energy, particularly within burgeoning Asian economies. Additionally, Adaro has invested in mining-related services and power generation, seeking to diversify its income streams amidst global pressures for energy transition. This strategic diversification is complemented by its investment in renewable energy projects, positioning Adaro Energy to navigate an evolving energy landscape while maintaining steady revenue growth from its core coal business.