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STOCK COMPARISON

Saranacentral Bajatama Tbk vs Tata Steel: Fair Value & Quality

Both stocks run through our valuation models. Here is how Saranacentral Bajatama Tbk (BAJA) and Tata Steel (TATASTEEL) compare, as of Aug 11, 2026.

As of Aug 11, 2026, Fair Value Calculator sees Tata Steel as the less overvalued of the two: Saranacentral Bajatama Tbk trades at IDR 362 versus a fair value of IDR 56 (-84%), while Tata Steel trades at ₹190 versus ₹147 (-23%).
Saranacentral Bajatama Tbk
BAJA.JK · IDR · Materials
-84%
upside to fair value
overvalued
PriceIDR 362
Fair ValueIDR 56
Quality43/100
Tata Steel
TATASTEEL.NSE · INR · Materials
-23%
upside to fair value
overvalued
Price₹190
Fair Value₹147
Quality57/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Saranacentral Bajatama TbkTata Steel
Valuation
P/E (TTM)22.1×
P/S (TTM)1.01×
P/B2.28×
EV/EBITDA8.8×
Dividend yield2.1%
Dividend per share₹4.00
Profitability
-3%Net margin5%
-1%Operating margin10%
-111%Return on equity11%
1%Return on assets5%
Growth
39%Revenue growth (YoY)13%
-8.1%Avg. growth/yr (3Y)-1.6%
-7.3%Avg. growth/yr (5Y)8.2%
Balance & size
0.03×Debt / equity0.62×
$30MMarket cap$25B
weakGrowth qualityhealthy

Tata Steel leads: 2 to 6 metric wins.

Dash = 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.

Saranacentral Bajatama Tbkof which business quality 39 · market factors 83 Tata Steelof which business quality 54 · market factors 57
ProfitabilityMargins and returns on capital today
20
45
Quality GrowthAre margins and returns improving?
74
49
CashflowEarnings quality: real cash, not paper profit
12
52
Fin. StrengthBalance sheet, leverage, solvency risk
2
34
InvestmentDisciplined investing over empire-building
100
90
Low VolatilityCalm price path (market factor)
46
77
MomentumPrice trend over the last 3–12 months (market factor)
97
45
52W MomentumDistance to the 52-week high (market factor)
100
57
Net IssuanceBuybacks instead of dilution
82
79

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Saranacentral Bajatama Tbk

Earnings-BasedIDR 51
MultiplesIDR 72
Asset-BasedIDR 8
Economic ProfitIDR 52

6 of 6 models see the stock below the current price.

Tata Steel

DCF Models₹177
Earnings-Based₹85.00
Dividend Discount₹68.48
Multiples₹159
Asset-Based₹54.89
Growth DCF₹180
Economic Profit₹101
Growth Earnings₹139

20 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Saranacentral Bajatama Tbk
Bear IDR 48Fair Value IDR 56Bull IDR 56
IDR 362 = current price (white tick)
Tata Steel
Bear ₹100Fair Value ₹147Bull ₹184
₹190 = current price (white tick)

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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.

Saranacentral Bajatama Tbk · Materials

Quality score43 · below median
Fair value upside-84% · bottom 25%

Tata Steel · Materials

Quality score57 · above median
Fair value upside-23% · above median

Bottom line

As of Aug 11, 2026, Fair Value Calculator sees Tata Steel as the less overvalued of the two: Saranacentral Bajatama Tbk trades at IDR 362 versus a fair value of IDR 56 (-84%), while Tata Steel trades at ₹190 versus ₹147 (-23%).

Tata Steel has the higher quality score (57/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.