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PT Amman Mineral Internasional (AMMN) Fair Value & Analysis

Basic Materials · ID · Market cap 254T IDR

PA PT Amman Mineral Internasional AMMN · JK
Price4,480 IDR
Fair Value1,021 IDR
Upside-77.2%
Quality26/100
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Strengths

Highly profitable · 20.7% net margin

Risks

!Trades 77% ABOVE our fair value of 1,021 IDR
!Expensive Growth
!Moderate debt · negative free cash flow
!Mixed vs. peers (5/12)
Expensive Growth
Highly profitable · 20.7% net margin
Moderate debt · negative free cash flow
Mixed vs. peers (5/12)
Moderate moat 54/100
Evidence: Medium Range 765.99 IDR – 1,277 IDR Share as image

Fair value as of: Aug 23, 2026

From 11 valuation models · updated today

Fair value updated Aug 23, 2026, revised from 0.0500 IDR to 1,021 IDR (+2,042,540.0%) since Aug 13, 2026. Share price +8.0% over the past month.

Below-average quality, and screening another 77% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (1,277 IDR). The favourable scenario is already priced in.
  • Weak quality (26/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (3 years)

13,200 IDR 1,750 IDR Fair Value 1,021 IDR Jul 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

37‑month range 1,750 IDR – 13,200 IDR · fair‑value band 765.99 IDR – 1,277 IDR · the 4,480 IDR price screens above the 1,021 IDR fair value. Dashed = 300-day average. As of Aug 23, 2026.

Full chart & analysis →

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Analysis

PT Amman Mineral Internasional (AMMN) currently trades at 4,480 IDR, while our model-based Fair Value estimate is 1,021 IDR, implying the stock looks roughly 77.2% overvalued today. The Quality Score stands at 26/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, PT Amman Mineral Internasional generated revenue of 2.7B IDR at a net margin of 20.7%. It earns a return on equity of 10.5%. Net debt stands at 5.5B IDR. The stock trades on a trailing P/E of 30.7. Fundamentals as of Aug 23, 2026

Our scenario range runs from 765.99 IDR (bear case) to 1,277 IDR (bull case); at 4,480 IDR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 51% below its 52-week high and 65% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -38% fair-value upside, at -77%, AMMN screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
ROIC Compounder 170.22 IDR 510.66 IDR 680.88 IDR 72
Growth-Adj P/E 510.66 IDR 680.88 IDR 1,021 IDR 68
P/E Multiple 680.88 IDR 1,021 IDR 1,192 IDR 63
All 11 models by family
Earnings-Based
Graham-Dodd 340.44 IDR 510.66 IDR 510.66 IDR 54
EPV 170.22 IDR 510.66 IDR 680.88 IDR 59
Multiples
P/E Multiple 680.88 IDR 1,021 IDR 1,192 IDR 63
P/S Multiple 510.66 IDR 680.88 IDR 851.10 IDR 58
P/B Multiple 680.88 IDR 1,021 IDR 1,192 IDR 55
EV/EBIT 510.66 IDR 1,021 IDR 1,532 IDR 53
EV/EBITDA 510.66 IDR 1,021 IDR 1,532 IDR 54
Asset-Based
NCAV (Graham) 680.88 IDR 851.10 IDR 1,192 IDR 50
Economic Profit
Residual Income 1,021 IDR 1,021 IDR 851.10 IDR 61
ROIC Compounder 170.22 IDR 510.66 IDR 680.88 IDR 72
Growth Earnings
Growth-Adj P/E 510.66 IDR 680.88 IDR 1,021 IDR 68

Widest divergence: Multiples (1,021 IDR) versus Earnings-Based (510.66 IDR). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 2.7B IDR
Revenue growth (YoY) +37,937%
Net margin 20.7%
Return on equity 10.5%
Free cash flow −1.8B IDR FY2025
P/E ratio 30.7
More key figures
Operating margin 38.9%
EPS (TTM) 146.08 IDR
EPS growth (YoY) -34.0%
Net debt 5.5B IDR FY2025

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 26/100

Of which business quality 25 · Market factors (momentum, volatility) 33

Profitability 25
Margins and returns on capital today
Quality Growth 5
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 9
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 65
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PT Amman Mineral Internasional Tbk operates as a copper and gold producer in Indonesia. The company holds interests in the Batu Hijau mine and Elang project located on the island of Sumbawa. It also provides metal processing; and manpower supply, training, and other services, as well as operates liquefied natural gas storage and regasification facilities.

Full company description

PT Amman Mineral Internasional Tbk operates as a copper and gold producer in Indonesia. The company holds interests in the Batu Hijau mine and Elang project located on the island of Sumbawa. It also provides metal processing; and manpower supply, training, and other services, as well as operates liquefied natural gas storage and regasification facilities. In addition, the company operates precious metals refinery facilities for copper concentrate. Further, it engages in the real estate, restaurant, hospitality, forest utilization, and airport services activities, as well as offers commercial aircraft transportation services. The company was founded in 2015 and is headquartered in Jakarta Selatan, Indonesia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Amman Mineral Internasional reported revenue of 1.8B IDR in FY2025 versus 1.3B IDR in FY2021, a compound +8.9%/yr. Reported net income was 246M IDR in FY2025, compounding −6.2%/yr from FY2021.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.8B IDR
Latest YoY
−31.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.7%
Revenue +8.9%/yr
FY21 1.3B IDR
FY22 2.8B IDR
FY23 2.0B IDR
FY24 2.7B IDR
FY25 1.8B IDR
Net income −6.2%/yr
FY21 317M IDR
FY22 1.1B IDR
FY23 252M IDR
FY24 637M IDR
FY25 246M IDR

AMMN screens 77% overvalued. Compare with Hecla Mining Company →

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Cite: Fair Value Calculator (2026). "PT Amman Mineral Internasional Fair Value". https://www.fairvalue-calculator.com/stock/AMMN

Peer Group

Other Precious Metals & Mining · 101 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 26 · Bottom 25%
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 39% · Top 25%
Revenue growth 37937% · Top 25%
Debt / equity 1.10× · Higher than 75% of peers

Valuation Multiples vs Other Precious Metals & Mining median · lower = cheaper

P/E (TTM) 30.7× · Pricier than 75% of peers
P/B 4.76× · Pricier than 75% of peers
P/S (TTM) 9.58× · Pricier than median
EV/EBITDA 20.7× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 100
PAST42 · sector 0
HEALTH45 · sector 99
DIVIDEND0 · sector 27

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is PT Amman Mineral Internasional (AMMN) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of 1,021 IDR versus a price of 4,480 IDR, about −77% (overvalued).
What is the fair value of AMMN?
Our model-based fair value for PT Amman Mineral Internasional is 1,021 IDR (as of Aug 23, 2026), built from audited fundamentals. The current price: 4,480 IDR.
What is the quality score of AMMN?
PT Amman Mineral Internasional has a Quality Score of 26/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of PT Amman Mineral Internasional (AMMN)?
PT Amman Mineral Internasional reported trailing-twelve-month revenue of about 2.7B IDR (latest available figure, as of Aug 23, 2026).
What is the net profit margin of AMMN?
The net profit margin of PT Amman Mineral Internasional is about 20.7%, meaning it keeps roughly 20.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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