S

Steady Safe Tbk PT
IDX:SAFE

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Steady Safe Tbk PT
IDX:SAFE
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Price: 358 IDR -2.72% Market Closed
Market Cap: Rp294B

EV/IC

1.5
Current
105%
More Expensive
vs 3-y average of 0.8

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
1.5
=
Enterprise Value
Rp295.2B
/
Invested Capital
Rp176.1B

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
1.5
=
Enterprise Value
Rp295.2B
/
Invested Capital
Rp176.1B

Valuation Scenarios

Steady Safe Tbk PT is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth Rp174.85 (51% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-54%
Maximum Upside
+133%
Average Downside
6%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.5 Rp358
0%
3-Year Average 0.8 Rp174.85
-51%
5-Year Average 0.7 Rp171.63
-52%
Industry Average 3.6 Rp833.44
+133%
Country Average 0.7 Rp165.02
-54%

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
Steady Safe Tbk PT
IDX:SAFE
294B IDR 1.5 7.4
FR
Ayvens SA
OTC:ALLDF
11B USD 0.6 9.3
CN
CaoCao Inc
HKEX:2643
13.8B HKD 0 0
TR
Bin Ulasim ve Akilli Sehir Teknolojileri AS
IST:BINBN.E
19.5B TRY 10.8 -48.7
ID
Blue Bird Tbk PT
IDX:BIRD
4.1T IDR 0.5 6.5
CN
Chenqi Technology Ltd
HKEX:9680
1.7B HKD 3.2 -5
UK
Mobico Group PLC
LSE:MCG
135.6m GBP 0.6 -0.5
ID
Adi Sarana Armada Tbk PT
IDX:ASSA
3.1T IDR 0.7 7.3
CN
Dida Inc
HKEX:2559
1.3B HKD 14.9 8.9
SG
Ryde Group Ltd
AMEX:RYDE
158.1m USD -382.2 -10.7
IT
Sicily By Car SpA
MIL:SBC
107m EUR 0.3 -41.8
P/E Multiple
Earnings Growth PEG
ID
S
Steady Safe Tbk PT
IDX:SAFE
Average P/E: 7.9
7.4
N/A N/A
FR
A
Ayvens SA
OTC:ALLDF
9.3
8%
1.2
CN
C
CaoCao Inc
HKEX:2643
Not Available N/A N/A
TR
B
Bin Ulasim ve Akilli Sehir Teknolojileri AS
IST:BINBN.E
Negative Multiple: -48.7 N/A N/A
ID
Blue Bird Tbk PT
IDX:BIRD
6.5
N/A N/A
CN
Chenqi Technology Ltd
HKEX:9680
Negative Multiple: -5 N/A N/A
UK
Mobico Group PLC
LSE:MCG
Negative Multiple: -0.5 N/A N/A
ID
Adi Sarana Armada Tbk PT
IDX:ASSA
7.3
N/A N/A
CN
D
Dida Inc
HKEX:2559
8.9
N/A N/A
SG
R
Ryde Group Ltd
AMEX:RYDE
Negative Multiple: -10.7 N/A N/A
IT
S
Sicily By Car SpA
MIL:SBC
Negative Multiple: -41.8
63%
N/A

Market Distribution

Higher than 72% of companies in Indonesia
Percentile
72st
Based on 861 companies
72st percentile
1.5
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

Steady Safe Tbk PT
Glance View

Market Cap
294B IDR
Industry
Road & Rail

PT Steady Safe Tbk engages in the provision of transportation services. The firm operates through two segments: Land Transportation and Financial Services. The firm includes business in transportation, workshop, trade and real estate. The firm is focused on Bus Transjakarta operators in Jakarta.

SAFE Intrinsic Value
264.43 IDR
Overvaluation 26%
Intrinsic Value
Price Rp358
S
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