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Eratex Djaja Tbk PT
IDX:ERTX

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Eratex Djaja Tbk PT
IDX:ERTX
Watchlist
Price: 218 IDR Market Closed
Market Cap: Rp280.5B

P/B

0.6
Current
7%
Cheaper
vs 3-y average of 0.6

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
0.6
=
Market Cap
Rp277.9B
/
Total Equity
$28.4m

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
0.6
=
Market Cap
Rp277.9B
/
Total Equity
$28.4m

Valuation Scenarios

Eratex Djaja Tbk PT is trading below its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth Rp235.67 (8% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+613%
Average Upside
207%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 Rp218
0%
3-Year Average 0.6 Rp235.67
+8%
5-Year Average 0.7 Rp281.51
+29%
Industry Average 4.1 Rp1 553.94
+613%
Country Average 1.6 Rp604.95
+178%

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
Eratex Djaja Tbk PT
IDX:ERTX
280.5B IDR 0.6 7.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
234.1B EUR 3.5 21.5
FR
Hermes International SCA
PAR:RMS
172.8B EUR 9.2 38.2
KR
SBW
KRX:102280
235.5T KRW 2 461.2 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.6B CHF 4.4 23.8
FR
EssilorLuxottica SA
PAR:EL
85.9B EUR 2.2 37.1
FR
Christian Dior SE
PAR:CDI
80.1B EUR 3.3 17.7
IN
Titan Company Ltd
NSE:TITAN
4T INR 30.6 82.1
FR
Kering SA
PAR:KER
29.4B EUR 2 413
CN
ANTA Sports Products Ltd
HKEX:2020
235.3B HKD 3.1 14.9
US
Tapestry Inc
NYSE:TPR
29.6B USD 53.7 56.6
P/E Multiple
Earnings Growth PEG
ID
E
Eratex Djaja Tbk PT
IDX:ERTX
Average P/E: 71.3
7.8
N/A N/A
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
21.5
11%
2
FR
Hermes International SCA
PAR:RMS
38.2
12%
3.2
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.8
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
37.1
26%
1.4
FR
Christian Dior SE
PAR:CDI
17.7
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
82.1
32%
2.6
FR
Kering SA
PAR:KER
413
186%
2.2
CN
ANTA Sports Products Ltd
HKEX:2020
14.9
10%
1.5
US
Tapestry Inc
NYSE:TPR
56.6
107%
0.5

Market Distribution

Lower than 84% of companies in Indonesia
Percentile
16th
Based on 852 companies
16th percentile
0.6
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

Eratex Djaja Tbk PT
Glance View

PT Eratex Djaja Tbk engages in the manufacture of textile. The company is headquartered in Surabaya, Jawa Timur and currently employs 8,329 full-time employees. The firm's main product is pants. Its bottoms range includes five pocket jeans, casual dress pants, denim, twill. Approximately 65% of the Company’s pants capacity is producing denim products and 35% is chino. The firm's requirements for embroidery and printing are conveniently supported by nearby contractors.

ERTX Intrinsic Value
638.56 IDR
Undervaluation 66%
Intrinsic Value
Price Rp218
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