Elnusa Tbk PT
IDX:ELSA

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Elnusa Tbk PT
IDX:ELSA
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Price: 570 IDR -3.39%
Market Cap: 4.2T IDR

Relative Value

The Relative Value of one ELSA stock under the Base Case scenario is 961.67 IDR. Compared to the current market price of 570 IDR, Elnusa Tbk PT is Undervalued by 41%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ELSA Relative Value
Base Case
961.67 IDR
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

ELSA Competitors Multiples
Elnusa Tbk PT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
Elnusa Tbk PT
IDX:ELSA
4.3T IDR 0.3 6 2.9 2.9
US
Schlumberger NV
NYSE:SLB
73.5B USD 2.1 20.2 9.6 13.7
US
Baker Hughes Co
NASDAQ:BKR
53.1B USD 1.9 18.6 11.7 15.4
US
Halliburton Co
NYSE:HAL
28.2B USD 1.3 21.7 7.8 10.5
LU
Tenaris SA
MIL:TEN
19.5B EUR 1.9 11.3 8.3 10.6
UK
TechnipFMC PLC
NYSE:FTI
21.9B USD 2.2 23.1 12.3 16.6
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
90.9B CNY 5.8 32 28.6 28.6
US
Nov Inc
NYSE:NOV
6.7B USD 0.8 17.7 7.1 10.6
UK
Subsea 7 SA
OSE:SUBC
66.9B NOK 0.9 22.8 0.6 1.3
FR
Technip Energies NV
PAR:TE
5.7B EUR 0.5 9.7 3.8 3.8
IT
Saipem SpA
MIL:SPM
5.5B EUR 0.2 11.1 2.9 5.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
Elnusa Tbk PT
IDX:ELSA
Average EV/EBITDA: 8.7
2.9
N/A N/A
US
Schlumberger NV
NYSE:SLB
9.6
3%
3.2
US
B
Baker Hughes Co
NASDAQ:BKR
11.7
7%
1.7
US
Halliburton Co
NYSE:HAL
7.8
-4%
N/A
LU
Tenaris SA
MIL:TEN
8.3
-3%
N/A
UK
TechnipFMC PLC
NYSE:FTI
12.3
18%
0.7
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
28.6
28%
1
US
Nov Inc
NYSE:NOV
7.1
-4%
N/A
UK
Subsea 7 SA
OSE:SUBC
0.6
16%
0
FR
Technip Energies NV
PAR:TE
3.8
16%
0.2
IT
Saipem SpA
MIL:SPM
2.9
14%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
Elnusa Tbk PT
IDX:ELSA
Average EV/EBIT: 10.8
2.9
N/A N/A
US
Schlumberger NV
NYSE:SLB
13.7
2%
6.8
US
B
Baker Hughes Co
NASDAQ:BKR
15.4
9%
1.7
US
Halliburton Co
NYSE:HAL
10.5
-5%
N/A
LU
Tenaris SA
MIL:TEN
10.6
-4%
N/A
UK
TechnipFMC PLC
NYSE:FTI
16.6
22%
0.8
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
28.6
23%
1.2
US
Nov Inc
NYSE:NOV
10.6
-6%
N/A
UK
Subsea 7 SA
OSE:SUBC
1.3
31%
0
FR
Technip Energies NV
PAR:TE
3.8
17%
0.2
IT
Saipem SpA
MIL:SPM
5.4
14%
0.4