A

AirAsia Indonesia Tbk PT
IDX:CMPP

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AirAsia Indonesia Tbk PT
IDX:CMPP
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Price: 81 IDR Market Closed
Market Cap: Rp865.5B

EV/IC

1.8
Current
1%
Cheaper
vs 3-y average of 1.8

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.

EV/IC
1.8
=
Enterprise Value
Rp5.5T
/
Invested Capital
Rp2.9T

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.

EV/IC
1.8
=
Enterprise Value
Rp5.5T
/
Invested Capital
Rp2.9T

Valuation Scenarios

AirAsia Indonesia Tbk PT is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.8), the stock would be worth Rp81.88 (1% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-100%
Maximum Upside
+1%
Average Downside
44%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.8 Rp81
0%
3-Year Average 1.8 Rp81.88
+1%
5-Year Average 1.6 Rp69.33
-14%
Industry Average 0 Rp0
-100%
Country Average 0.7 Rp31.36
-61%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
ID
A
AirAsia Indonesia Tbk PT
IDX:CMPP
Average P/E: 16.2
Negative Multiple: -0.7
N/A N/A
VN
V
Vietjet Aviation JSC
VN:VJC
50.2
N/A N/A
VN
V
Vietnam Airlines JSC
VN:HVN
9.8
N/A N/A
RU
Aeroflot-Rossiyskiye Avialinii PAO
MOEX:AFLT
1.8
N/A N/A
MX
Grupo Aeromexico SAB de CV
NYSE:AERO
10.1
N/A N/A
AU
V
Virgin Australia Holdings Ltd
ASX:VGN
Not Available N/A N/A
RU
A
Aviakompaniya UTair PAO
MOEX:UTAR
Negative Multiple: -24.2 N/A N/A
US
Republic Airways Holdings Inc
NASDAQ:RJET
Negative Multiple: -7.7 N/A N/A
TW
T
Tigerair Taiwan Co Ltd
TWSE:6757
Not Available N/A N/A
IL
I
Israir Group Ltd
TASE:ISRG
9.3
N/A N/A
CA
V
Volatus Aerospace Inc
NEO:FLT
Negative Multiple: -21 N/A N/A

Market Distribution

Higher than 76% of companies in Indonesia
Percentile
76th
Based on 861 companies
76th percentile
1.8
Low
0 — 0.3
Typical Range
0.3 — 1.4
High
1.4 —
Distribution Statistics
Indonesia
Min 0
30th Percentile 0.3
Median 0.7
70th Percentile 1.4
Max 115 637.5

AirAsia Indonesia Tbk PT
Glance View

Market Cap
865.5B IDR
Industry
Airlines

PT AirAsia Indonesia Tbk engages in the the provision of air transportation services. The company is headquartered in Jakarta Pusat, Dki Jakarta and currently employs 1,857 full-time employees. The Company, through its subsidiary, PT Indonesia AirAsia (IAA), engages in scheduled commercial air transport industry. Its line of business includes business consultation service and management, and general trading. Its main business activities include business, management and administration consultation, corporate management consultation, recommendation and operational assistance, planning, supervision, evaluation and business development strategy and investment, analysis, and feasibility study for other businesses, as well as related business activity and consultation in relation with aviation and airport services. The Company’s products and services include scheduled commercial airlines, scheduled cargo aircrafts, airport services, value pack, vacation package pack, pick-a-seat, AirAsia tune protect trave, premium flex, baggage, inflight meals, and other relevant airport products.

CMPP Intrinsic Value
290.89 IDR
Undervaluation 72%
Intrinsic Value
Price Rp81
A
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