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STOCK COMPARISON

Adani Ports and Special Economic Zone vs Transcoal Pacific Tbk PT: Fair Value & Quality

Both stocks run through our valuation models. Here is how Adani Ports and Special Economic Zone (ADANIPORTS) and Transcoal Pacific Tbk PT (TCPI) compare, as of Sep 28, 2026.

As of Sep 28, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: Adani Ports and Special Economic Zone trades at ₹1,788 versus a fair value of ₹1,041 (−41.8%), while Transcoal Pacific Tbk PT trades at IDR 1,540 versus IDR 368 (−76.1%).
Adani Ports and Special Economic Zone
ADANIPORTS.NSE · INR · Industrials
−41.8%
upside to fair value
overvalued
Price₹1,788
Fair Value₹1,041
Quality50/100
Transcoal Pacific Tbk PT
TCPI.JK · IDR · Industrials
−76.1%
upside to fair value
overvalued
PriceIDR 1,540
Fair ValueIDR 368
Quality47/100
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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

Adani Ports and Special Economic ZoneTranscoal Pacific Tbk PT
Valuation
30.5×P/E (TTM)227.3×
22.9×Forward P/E (FY2028)n/a
9.73×P/S (TTM)14.91×
4.09×P/B14.29×
18.7×EV/EBITDA61.6×
−41.8%Fair value upside−76.1%
0.4%Dividend yield0.1%
₹7.50Dividend per sharen/a
Profitability
44.6%Operating margin19.1%
24.83×EBIT margin trend (5Y)1.22×
15.6%Return on equity6.3%
6.8%Return on assets4.6%
Growth
18.6%Revenue growth (YoY)14.6%
22.9%Avg. growth/yr (3Y)2.3%
25.3%Avg. growth/yr (5Y)2.7%
+13.8%Value creation/yr+8.3%
Balance & size
4.5×Interest coverage (EBIT/interest)2.3×
0.53×Debt / equity0.40×
$41BMarket cap$2B
expensiveGrowth qualityexpensive
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Adani Ports and Special Economic Zone leads: 13 to 1 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.

Adani Ports and Special Economic Zoneof which business quality 49 · market factors 73 Transcoal Pacific Tbk PTof which business quality 48 · market factors 15
ProfitabilityMargins and returns on capital today
46
29
Quality GrowthAre margins and returns improving?
52
40
CashflowEarnings quality: real cash, not paper profit
51
53
Fin. StrengthBalance sheet, leverage, solvency risk
61
55
InvestmentDisciplined investing over empire-building
5
31
Low VolatilityCalm price path (market factor)
85
50
MomentumPrice trend over the last 3–12 months (market factor)
65
0
52W MomentumDistance to the 52-week high (market factor)
75
1
Net IssuanceShare count: buybacks or dilution?
70
82

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 familyAdani Ports and Special Economic ZonePrice ₹1,788Transcoal Pacific Tbk PTPrice IDR 1,540
DCF Models−37.1%below the price₹1,125n/a
Earnings-Based−25.5%below the price₹1,332−85.6%below the priceIDR 221
Dividend Discount−93.4%below the price₹117−95.7%below the priceIDR 67
Multiples−42.9%below the price₹1,021−68.4%below the priceIDR 486
Asset-Based−84.4%below the price₹280−82.0%below the priceIDR 277
Growth DCF−71.9%below the price₹502n/a
Economic Profit−64.6%below the price₹632−82.1%below the priceIDR 275
Growth Earnings−3.2%close to the price₹1,730−76.1%below the priceIDR 368
Minimum−93.4%below the price₹117−95.7%below the priceIDR 67
Maximum−3.2%close to the price₹1,730−68.4%below the priceIDR 486
Median−53.8%below the price₹827−82.1%below the priceIDR 276
Geometric mean−64.3%below the price₹638−84.3%below the priceIDR 242

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%.

Adani Ports and Special Economic Zone: 25 of 26 models see the stock below the current price.

Transcoal Pacific Tbk PT: 16 of 16 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.

Adani Ports and Special Economic Zone
Price ₹1,788
Fair Value ₹1,041
Bear ₹443Bull ₹1,360
Transcoal Pacific Tbk PT
Price IDR 1,540
Fair Value IDR 368
Bear IDR 295Bull IDR 479

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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.

Adani Ports and Special Economic Zone · Industrials

Quality score50 · below median
Fair value upside−41.8% · below median

Transcoal Pacific Tbk PT · Industrials

Quality score47 · below median
Fair value upside−76.1% · bottom 25%

Bottom line

As of Sep 28, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: Adani Ports and Special Economic Zone trades at ₹1,788 versus a fair value of ₹1,041 (−41.8%), while Transcoal Pacific Tbk PT trades at IDR 1,540 versus IDR 368 (−76.1%).

Adani Ports and Special Economic Zone has the higher quality score (50/100).

Open Adani Ports and Special Economic Zone 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.