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STOCK COMPARISON

Saudi Arabian Mining vs PAM Mineral Tbk PT: Fair Value & Quality

Both stocks run through our valuation models. Here is how Saudi Arabian Mining (1211) and PAM Mineral Tbk PT (NICL) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Saudi Arabian Mining as the more attractively valued of the two: Saudi Arabian Mining trades at SAR 62.70 versus a fair value of SAR 68.97 (+10%), while PAM Mineral Tbk PT trades at IDR 442 versus IDR 320 (-28%).
Saudi Arabian Mining
1211.SR · SAR · Materials
+10%
upside to fair value
fairly valued
PriceSAR 62.70
Fair ValueSAR 68.97
Quality61/100
PAM Mineral Tbk PT
NICL.JK · IDR · Materials
-28%
upside to fair value
overvalued
PriceIDR 442
Fair ValueIDR 320
Quality84/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Saudi Arabian MiningPAM Mineral Tbk PT
Valuation
27.5×P/E (TTM)17.4×
1.65×P/S (TTM)4.31×
1.04×P/B6.82×
5.6×EV/EBITDA13.6×
+10.0%Fair value upside−27.5%
n/aDividend yield8.5%
Profitability
29%Operating margin53%
6.02×EBIT margin trend (5Y)2.19×
13%Return on equity28%
5%Return on assets19%
Growth
3%Revenue growth (YoY)-46%
-1.4%Avg. growth/yr (3Y)8.6%
15.7%Avg. growth/yr (5Y)50.9%
−30.2%Value creation/yr+66.7%
Balance & size
5.1×Interest coverage (EBIT/interest)2,414.3×
0.48×Debt / equityn/a
$64BMarket cap$528M
mixedGrowth qualitymixed

PAM Mineral Tbk PT leads: 5 to 7 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Saudi Arabian Miningof which business quality 59 · market factors 53 PAM Mineral Tbk PTof which business quality 84 · market factors 20
ProfitabilityMargins and returns on capital today
42
99
Quality GrowthAre margins and returns improving?
83
79
CashflowEarnings quality: real cash, not paper profit
64
90
Fin. StrengthBalance sheet, leverage, solvency risk
62
98
InvestmentDisciplined investing over empire-building
49
51
Low VolatilityCalm price path (market factor)
78
50
MomentumPrice trend over the last 3–12 months (market factor)
45
11
52W MomentumDistance to the 52-week high (market factor)
37
0
Net IssuanceShare count: buybacks or dilution?
54
65

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familySaudi Arabian MiningPrice SAR 62.70PAM Mineral Tbk PTPrice IDR 442
DCF Models-21%below the priceSAR 49.23+104%above the priceIDR 904
Earnings-Based-32%below the priceSAR 42.74+72%above the priceIDR 759
Dividend Discountn/a+27%above the priceIDR 562
Multiples-49%below the priceSAR 32.11-21%below the priceIDR 350
Asset-Based-83%below the priceSAR 10.63-89%below the priceIDR 49
Growth DCF-41%below the priceSAR 37.18+70%above the priceIDR 749
Economic Profit-65%below the priceSAR 21.91-32%below the priceIDR 300
Growth Earnings-17%below the priceSAR 52.02+107%above the priceIDR 915
Minimum-83%below the priceSAR 10.63-89%below the priceIDR 49
Maximum-17%below the priceSAR 52.02+107%above the priceIDR 915
Median-41%below the priceSAR 37.18+48%above the priceIDR 656
Geometric mean-50%below the priceSAR 31.45-1%close to the priceIDR 438

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Saudi Arabian Mining: 23 of 24 models see the stock below the current price.

PAM Mineral Tbk PT: 7 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Saudi Arabian Mining
Price SAR 62.70
Fair Value SAR 68.97
Bear SAR 32.03Bull SAR 93.66
PAM Mineral Tbk PT
Price IDR 442
Fair Value IDR 320
Bear IDR 188Bull IDR 471

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Saudi Arabian Mining · Materials

Quality score61 · Top 25%
Fair value upside+10% · above median

PAM Mineral Tbk PT · Materials

Quality score84 · Top 25%
Fair value upside-28% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Saudi Arabian Mining as the more attractively valued of the two: Saudi Arabian Mining trades at SAR 62.70 versus a fair value of SAR 68.97 (+10%), while PAM Mineral Tbk PT trades at IDR 442 versus IDR 320 (-28%).

PAM Mineral Tbk PT has the higher quality score (84/100).

Open Saudi Arabian Mining live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.