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Aneka Tambang Persero Tbk (ANTM) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Aneka Tambang Persero Tbk stock IDR 1,471, price IDR 2,690, that is 45.3% below the price, quality 71 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Basic Materials ID · ISIN ID1000106602

AT Aneka Tambang Persero Tbk logo Thin data Nov 2, 2026

Aneka Tambang Persero Tbk

ANTM · JK
Meets all rules: fair value rule, solid quality, uptrend

Our calculation puts a fair price 45% below what the stock costs today.

Quality 71/100
Low debt
Generates free cash flow
Ranks above peers (11/15)
Last quarter vs. a year ago: revenue +98%, profit +92%.
Mixed Growth (revenue 5y +25.3 %/yr in IDR)
Thin margins · 10.0% net margin (TTM)
7.8% dividend yield · Watch coverage
Moderate moat 63/100 · thin data
Fair value 1,471 IDR · Strongly overvalued (−45.3%)
Thin data
⟳ Cyclical
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What runs behind every stock

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

Price vs Fair Value

4,435 IDR 1,074 IDR Fair Value 1,471 IDR Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 2, 2026.

How to read this chart

60‑month range 1,074 IDR – 4,435 IDR · fair‑value band 908.10 IDR – 2,221 IDR · the 2,690 IDR price screens above the 1,471 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.

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Company profile

PT Antam (Persero) Tbk operates as a diversified metals and mining company in Indonesia. The company operates through three segments: Nickel, Precious Metals and Refinery, and Bauxite and Alumina.

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The company is involved in the exploration, excavation, processing, and marketing of alumina, nickel ore, ferronickel, gold, silver, bauxite, and coal.

It also engages in construction, trading, industry, mining, agriculture, printing, and ground transportation businesses; and provision of industrial area management services. In addition, the company exports its products.

The company was formerly known as PT Aneka Tambang Tbk and changed its name to PT Antam (Persero) Tbk in February 2026. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia. PT Antam (Persero) Tbk operates as a subsidiary of PT Mineral Industri Indonesia (Persero).

Stock analysis

Aneka Tambang Persero Tbk (ANTM) currently trades at 2,690 IDR, while our model-based Fair Value estimate is 1,471 IDR, 45% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of 7,511 IDR per share, and 20 of the 26 models we run sit above the 2,690 IDR price.

Bear case: the Asset-Based group reads lowest at 240.93 IDR, and 6 of the 26 models stay below the price. Data coverage for this calculation is low.

Scenario range: 908.10 IDR (bear) to 2,221 IDR (bull), the price of 2,690 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 71/100 (solid quality), in the Basic Materials sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Aneka Tambang Persero Tbk reported revenue of 84.6T IDR in FY2025 versus 38.4T IDR in FY2021, a compound +21.8%/yr. Reported net income was 7.2T IDR in FY2025, compounding +40.3%/yr from FY2021.

Key figures

Market cap 64.6T IDR (≈ $3.6B) Mid · P/E ratio 7.3 · P/S ratio 0.64 · EPS (TTM) 370.40 IDR · Dividend yield 7.8% · Net margin 10.0% · Return on equity 28.7% · Return on assets (EBIT) 10.7% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 63 out of 100 (low confidence).

What moves the price

The share trades about 39% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −10% fair-value upside, at −45%, ANTM screens richer than that median.

Fair Value models

Bear 908.10 IDR Fair Value 1,471 IDR Bull 2,221 IDR
Price 2,690 IDR · Downside -45.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (137.12 IDR per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF 2,402 IDR 3,595 IDR 6,691 IDR 77
Growth DCF 2,292 IDR 3,801 IDR 6,346 IDR 76
Residual Income 1,652 IDR 2,111 IDR 3,194 IDR 75
All 26 models by family
DCF Models
FCF DCF 2,402 IDR 3,595 IDR 6,691 IDR 77
Owner Earnings 3,297 IDR 6,506 IDR 12,375 IDR 72
5Y Revenue Exit 2,747 IDR 5,000 IDR 9,351 IDR 69
5Y EBITDA Exit 2,595 IDR 4,670 IDR 8,410 IDR 72
5Y P/E Exit 3,389 IDR 6,912 IDR 11,445 IDR 68
10Y Revenue Exit 2,501 IDR 4,935 IDR 7,934 IDR 65
10Y EBITDA Exit 2,491 IDR 4,677 IDR 8,593 IDR 65
10Y P/E Exit 2,996 IDR 6,023 IDR 11,222 IDR 60
Earnings-Based
Graham-Dodd 2,040 IDR 14,173 IDR 19,887 IDR 63
Lynch FV 4,181 IDR 5,973 IDR 7,764 IDR 61
PEG = 1.0 4,181 IDR 5,973 IDR 7,764 IDR 57
EPV 1,894 IDR 2,116 IDR 2,300 IDR 74
Dividend Discount
Gordon GGM 1,155 IDR 2,051 IDR 2,789 IDR 68
DDM Multi-Stage 1,155 IDR 1,888 IDR 2,195 IDR 67
Multiples
P/E Multiple 3,825 IDR 5,100 IDR 6,375 IDR 63
P/S Multiple 3,825 IDR 5,100 IDR 6,375 IDR 58
P/B Multiple 1,378 IDR 1,838 IDR 2,297 IDR 55
EV/EBIT 3,192 IDR 4,202 IDR 5,212 IDR 66
EV/EBITDA 2,736 IDR 3,594 IDR 4,452 IDR 67
EV/Revenue 2,788 IDR 3,913 IDR 5,039 IDR 54
Asset-Based
NCAV (Graham) 159.01 IDR 240.93 IDR 301.16 IDR 54
Growth DCF
Growth DCF 2,292 IDR 3,801 IDR 6,346 IDR 76
Rev-Margin DCF 2,747 IDR 5,244 IDR 8,960 IDR 70
Economic Profit
Residual Income 1,652 IDR 2,111 IDR 3,194 IDR 75
ROIC Compounder 2,132 IDR 2,824 IDR 3,434 IDR 72
Growth Earnings
Growth-Adj P/E 5,258 IDR 7,511 IDR 9,764 IDR 67

The fair value above starts from this blend and is adjusted for a cyclical peak year.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 71/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 69
How much profit the company makes from its sales and capital
Quality Growth 89
Are margins and returns getting better?
Cashflow 40
Do the profits arrive as real cash?
Financial strength 89
Debt, balance sheet and risk of trouble
Investment 50
Does it invest with discipline instead of growing at any price?
Low Volatility 43
How calm the share price moves, does not count
Price momentum 33
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 24
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+22.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+22.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+25.3%
Start year 2020 (pandemic). Over 10 years: +23.2% a year
Revenue growth 26 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+22.7%
What shareholders gained per year (last 5 years), in IDR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+46.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+38.9%
Dividend (yield on the price)7.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 44.4% / 36.4%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 8%
2025 sits 98% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.6%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+6.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+12.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about +3.9% a year for the price and +10.0% for the forecasts.
Forecast 2026 (sales)+41.1%
Forecast 2027 (sales)+7.8%
Projected 2028 (sales)+7.1%
Projected 2029 (sales)+6.3%
Projected 2030 (sales)+5.6%

ANTM screens overvalued: fair value 45% below the price. Compare with Newmont Corporation →

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Peer Groupⓘ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.Gold · 202 stocks

Beats the industry median on 11/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 71 · Top 25%
Fair Value upside −45.3% · Below median
Profitability
Return on equity (12 months) 28.7% · Top 25%
Return on assets 13.7% · Above median
Net margin (12 months) 10.0% · Bottom 25%
Operating margin (12 months) 14.4% · Below median
Growth and dividend
Revenue growth (quarter YoY) 98.1% · Top 25%
Dividend yield (12 months) 7.8% · Top 25%
Balance sheet
Debt / equity 0.08× · Above median

Valuation Multiplesvs Gold median · lower = cheaper

P/E (12 months) 7.3× · Cheapest 25%
P/B 1.83× · Cheaper than median
P/S (12 months) 0.64× · Cheapest 25%
Price / free cash flow (fiscal year) 15.6× · Cheaper than median
EV/EBITDA 4.6× · Cheaper than median
PEG 0.00× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)100 · sector 100
PAST (return on equity)100 · sector 40
HEALTH (low debt)96 · sector 98
DIVIDEND (yield)100 · sector 24

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

Context: sector, industry, market

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

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Agnico Eagle Mines Limited AEM $191.57 $220.07 +15% vs ANTM
Newmont Corporation NEM $120.91 $133.00 +10% vs ANTM
AngloGold Ashanti plc AU $92.99 $88.60 −5% vs ANTM
Royal Gold, Inc RGLD $265.81 $248.53 −7% vs ANTM
Shandong Gold Mining Co 600547 ¥26.20 ¥23.61 −10% vs ANTM
Franco-Nevada Corporation FNV $254.95 $212.28 −17% vs ANTM
Kinross Gold Corporation KGC $22.24 $18.00 −19% vs ANTM
Northern Star Resources Limited NST A$25.65 A$16.87 −34% vs ANTM
Wheaton Precious Metals Corp WPM $136.31 $87.64 −36% vs ANTM
Zijin Mining Group 601899 ¥28.28 ¥15.62 −45% vs ANTM

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Aneka Tambang Persero Tbk: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Aneka Tambang Persero Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ANTM

Frequently asked questions

Is Aneka Tambang Persero Tbk (ANTM) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of 1,471 IDR versus a price of 2,690 IDR, about 45% lower (overvalued).
What is the fair value of ANTM?
Our model-based fair value for Aneka Tambang Persero Tbk is 1,471 IDR (as of Nov 2, 2026), built from audited fundamentals. The current price: 2,690 IDR.
What is the quality score of ANTM?
Aneka Tambang Persero Tbk has a Quality Score of 71/100. 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 price target for Aneka Tambang Persero Tbk (ANTM)?
Our model-based price target is the fair value of 1,471 IDR (as of Nov 2, 2026) from 26 valuation models. Cautious scenario 908.10 IDR, optimistic scenario 2,221 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Aneka Tambang Persero Tbk stock forecast for 2026?
Our models put fair value at 1,471 IDR, about 45% lower versus a price of 2,690 IDR (overvalued). Cautious scenario 908.10 IDR, optimistic scenario 2,221 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Aneka Tambang Persero Tbk (ANTM)?
Aneka Tambang Persero Tbk reported trailing-twelve-month revenue of about 101T IDR (latest available figure, as of Nov 2, 2026).
Does Aneka Tambang Persero Tbk pay a dividend?
Aneka Tambang Persero Tbk currently shows a dividend yield of 7.81% relative to its recent price (as of Nov 2, 2026).
How much is the dividend of Aneka Tambang Persero Tbk (ANTM) and when is the ex-dividend date?
Aneka Tambang Persero Tbk pays a dividend of 209.99 IDR per share a year, a dividend yield of 7.8%. The last ex-dividend date was Jun 22, 2026. A dividend has been paid every year since 2018. The payout ratio is 56.7% of earnings. Free cash flow covers the dividend 0.82 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Aneka Tambang Persero Tbk (ANTM)?
For today's price to be fair in a discounted-cash-flow model, Aneka Tambang Persero Tbk would have to grow free cash flow by +6.6 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +25.3 % per year. As of Nov 2, 2026.
What discount rate (WACC) does the fair value of ANTM use?
Our models discount Aneka Tambang Persero Tbk at 11.3 %: a base by market capitalisation (mid), damped by beta 0.77, country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Aneka Tambang Persero Tbk that is +6.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has Aneka Tambang Persero Tbk (ANTM) delivered so far?
Over the past 5 years revenue at Aneka Tambang Persero Tbk grew +25.3 % a year. The price currently implies free-cash-flow growth of +6.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Aneka Tambang Persero Tbk (ANTM) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Aneka Tambang Persero Tbk (+6.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Aneka Tambang Persero Tbk (ANTM)?
The free-cash-flow yield on the price is 6.43 %: that much free cash flow Aneka Tambang Persero Tbk produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Aneka Tambang Persero Tbk (ANTM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Aneka Tambang Persero Tbk it is 1,471 IDR per share (as of Nov 2, 2026), against a price of 2,690 IDR. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Aneka Tambang Persero Tbk stock overvalued or undervalued in 2026?
As of Nov 2, 2026, ANTM trades above its calculated fair value: price 2,690 IDR, fair value 1,471 IDR, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ANTM?
No. The price is what the market pays today (2,690 IDR); the fair value is what the company's own numbers justify (1,471 IDR). For Aneka Tambang Persero Tbk the two are 1,219 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Aneka Tambang Persero Tbk worth?
The market values Aneka Tambang Persero Tbk at about 64.6T IDR (market capitalisation, as of Nov 2, 2026). Per share that is 2,690 IDR; our models calculate a fair value of 1,471 IDR per share.
What do the bullish and bearish scenarios say about ANTM?
Our models span a range for Aneka Tambang Persero Tbk: cautious scenario 908.10 IDR, base 1,471 IDR, optimistic 2,221 IDR per share (as of Nov 2, 2026, price 2,690 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ANTM?
Aneka Tambang Persero Tbk trades at a price-to-earnings ratio of 7.3 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1,471 IDR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 21.5. Other multiples: PEG 0.0, P/B 1.8, P/S 0.6, EV/EBITDA 4.6.
What is the PEG ratio of ANTM?
The PEG ratio of Aneka Tambang Persero Tbk is 0.00 (P/E divided by earnings growth, as of Nov 2, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Aneka Tambang Persero Tbk (ANTM)?
Balance-sheet figures for Aneka Tambang Persero Tbk (as of Nov 2, 2026): return on equity 28.7%, debt of 0.08 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is ANTM from its 52-week high?
Aneka Tambang Persero Tbk trades at 2,690 IDR, about 39% below its 52-week high of 4,435 IDR and 14% above the low of 2,358 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,471 IDR is for.
Which stocks are comparable to Aneka Tambang Persero Tbk?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Aneka Tambang Persero Tbk stock attractive at the current price?
The data as of Nov 2, 2026: price 2,690 IDR, calculated fair value 1,471 IDR (−45%), Quality Score 71/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ANTM calculated?
We run Aneka Tambang Persero Tbk through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,471 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Aneka Tambang Persero Tbk itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Aneka Tambang Persero Tbk (ANTM)?
The closing price on Nov 6, 2026 was 2,690 IDR. Our model-based fair value is 1,471 IDR, about 45% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Aneka Tambang Persero Tbk right now?
The price sits above even our optimistic bull case (2,221 IDR). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (71/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (908.10 IDR to 2,221 IDR) leaves room in how you read the outcome.

Key figures of Aneka Tambang Persero Tbk

How large is the market capitalisation of Aneka Tambang Persero Tbk (ANTM)?
The market capitalisation of Aneka Tambang Persero Tbk is 64.6T IDR (≈ $3.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Aneka Tambang Persero Tbk (ANTM)?
The price-to-sales ratio of Aneka Tambang Persero Tbk is 0.64 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Aneka Tambang Persero Tbk (ANTM)?
Earnings per share at Aneka Tambang Persero Tbk are 370.40 IDR (price ÷ EPS = P/E 7.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Aneka Tambang Persero Tbk (ANTM)?
The dividend yield of Aneka Tambang Persero Tbk is 7.8% (payout 56.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Aneka Tambang Persero Tbk (ANTM)?
The net margin of Aneka Tambang Persero Tbk is 10.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Aneka Tambang Persero Tbk (ANTM)?
The return on equity (ROE) of Aneka Tambang Persero Tbk is 28.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Aneka Tambang Persero Tbk (ANTM)?
On an EBIT basis the return on assets of Aneka Tambang Persero Tbk is 10.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Aneka Tambang Persero Tbk (ANTM)?
The operating margin of Aneka Tambang Persero Tbk is 14.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Aneka Tambang Persero Tbk (ANTM)?
Revenue at Aneka Tambang Persero Tbk is growing +98.1% versus a year earlier (3y avg +22.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Aneka Tambang Persero Tbk (ANTM)?
Earnings per share at Aneka Tambang Persero Tbk are growing +91.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Aneka Tambang Persero Tbk (ANTM) hold?
Aneka Tambang Persero Tbk holds more cash than debt, 3.9T IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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