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Pelat Timah Nusantara Tbk PT
IDX:NIKL

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Pelat Timah Nusantara Tbk PT Logo
Pelat Timah Nusantara Tbk PT
IDX:NIKL
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Price: 298 IDR 4.93% Market Closed
Market Cap: Rp752B

EV/IC

0.9
Current
6%
Cheaper
vs 3-y average of 0.9

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
0.9
=
Enterprise Value
Rp1.7T
/
Invested Capital
$107.5m

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
0.9
=
Enterprise Value
Rp1.7T
/
Invested Capital
$107.5m

Valuation Scenarios

Pelat Timah Nusantara Tbk PT is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.9), the stock would be worth Rp315.41 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+23%
Average Downside
22%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.9 Rp298
0%
3-Year Average 0.9 Rp315.41
+6%
5-Year Average 1 Rp365.42
+23%
Industry Average 0 Rp0.18
-100%
Country Average 0.7 Rp247.03
-17%

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
Market Cap EV/IC P/E
ID
Pelat Timah Nusantara Tbk PT
IDX:NIKL
752B IDR 0.9 45.9
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.1 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD 1.8 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.6 13.7
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 1.7 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 1.7 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 2.5 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1

Market Distribution

In line with most companies in Indonesia
Percentile
57th
Based on 861 companies
57th percentile
0.9
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

Pelat Timah Nusantara Tbk PT
Glance View

Market Cap
752B IDR
Industry
Metals & Mining

PT Pelat Timah Nusantara Tbk engages in the production of tinplate. The company is headquartered in Jakarta, Dki Jakarta and currently employs 238 full-time employees. The company went IPO on 2009-12-14. The firm operates through two segments: Coil and Steel. Its tinplate manufacturing operations are centered in the factory located in the Krakatau Industrial, Cilegon - Banten, with an installed production capacity of approximately 160,000 tons per year. The main raw materials used in the production of tinplate are tin mill black plate (TMBP) and tin. TMBP is processed with tin coating by electrolysis using the electrolytic tinning line (ETL) to produce tinplate. The tinplate product coming off the ETL is in the form of coils. The company operates two types of cutting machines, which are the shearing line (SHL) with the capability to cut tinplate coils into sheets, and the scroll cut line (SCL) capable of cutting tinplate coils into sheets as well as scroll cuts.

NIKL Intrinsic Value
484.68 IDR
Undervaluation 39%
Intrinsic Value
Price Rp298
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