Cemindo Gemilang Tbk PT
IDX:CMNT

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Cemindo Gemilang Tbk PT Logo
Cemindo Gemilang Tbk PT
IDX:CMNT
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Price: 805 IDR 0.63% Market Closed
Market Cap: Rp13.8T

P/B

5.3
Current
4%
More Expensive
vs 3-y average of 5.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.3
=
Market Cap
Rp13.5T
/
Total Equity
Rp2.6T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.3
=
Market Cap
Rp13.5T
/
Total Equity
Rp2.6T

Valuation Scenarios

Cemindo Gemilang Tbk PT is trading above its 3-year average

If P/B returns to its 3-Year Average (5.1), the stock would be worth Rp775.66 (4% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-80%
Maximum Upside
No Upside Scenarios
Average Downside
40%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.3 Rp805
0%
3-Year Average 5.1 Rp775.66
-4%
5-Year Average 5 Rp756.01
-6%
Industry Average 1 Rp158.83
-80%
Country Average 1.6 Rp243.11
-70%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
ID
Cemindo Gemilang Tbk PT
IDX:CMNT
13.8T IDR 5.3 -91.7
IE
CRH PLC
NYSE:CRH
78B USD 3.2 20.8
CH
Holcim AG
SIX:HOLN
40.3B CHF 2.6 3.1
DE
HeidelbergCement AG
XETRA:HEI
33.1B EUR 1.8 17.1
US
Vulcan Materials Co
NYSE:VMC
38B USD 4.5 35.3
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 4.9 49.2
US
Martin Marietta Materials Inc
NYSE:MLM
36.8B USD 3.7 32.3
US
Amrize AG
SIX:AMRZ
24.7B CHF 2.4 26.5
DE
Heidelberg Materials AG
XMUN:HEI
21.7B EUR 1.2 11.2
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.9 45.1
CN
China Jushi Co Ltd
SSE:600176
131B CNY 4.3 40.4

Market Distribution

Higher than 83% of companies in Indonesia
Percentile
83nd
Based on 852 companies
83nd percentile
5.3
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.9
Median 1.6
70th Percentile 2.9
Max 652 108.7

Cemindo Gemilang Tbk PT
Glance View

Market Cap
13.8T IDR
Industry
Construction

In the heart of Indonesia's bustling construction landscape, Cemindo Gemilang Tbk PT stands out as a formidable player within the cement industry. Founded with a vision to meet the burgeoning infrastructure demands of Indonesia and its neighbors, Cemindo Gemilang has carved out a significant niche in the production and distribution of top-tier cement products. The company operates under the dynamic brand "Semen Merah Putih," which has become synonymous with quality and reliability. Anchored by its state-of-the-art integrated cement plant in Banten and supported by grinding facilities in other strategic locations, Cemindo Gemilang leverages its robust production capacity to supply cement for a myriad of construction needs, ranging from large-scale infrastructure projects to residential developments. The seamless integration of its manufacturing and distribution capabilities ensures an efficient supply chain, enabling it to cater to both domestic and export markets effectively. Cemindo Gemilang's business model is driven by its diverse product offerings that extend beyond traditional cement. It capitalizes on selling various types of cement to suit different construction needs, including Ordinary Portland Cement and Pozzolan Portland Cement. Additionally, the company's strategic involvement in clinker trade broadens its revenue streams. As the construction industry thrives on robust demand, particularly with the government's focus on enhancing infrastructure, Cemindo Gemilang's position is reinforced by its ability to adapt to market dynamics and its commitment to sustainability. The company's focus on innovation and quality, coupled with strategic partnerships and a keen understanding of local market nuances, ensures that Cemindo Gemilang remains a pivotal contributor to Indonesia's development fabric while exploring global opportunities.

CMNT Intrinsic Value
647.66 IDR
Overvaluation 20%
Intrinsic Value
Price Rp805
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