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PT Bumi Benowo Sukses Sejahtera Tbk (BBSS) Fair Value & Analysis

Industrials · ID · Market cap 461B IDR

PB PT Bumi Benowo Sukses Sejahtera Tbk BBSS · JK
Price100.00 IDR
Fair Value17.02 IDR
Upside-83.0%
Quality56/100
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Mixed Growth
Loss-making · -17.2% net margin
Low debt · negative free cash flow
Trails peers (3/8)
Narrow moat 14/100
Evidence: Low Range 11.23 IDR – 21.27 IDR Share as image

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 25 days ago

Share price +2.0% over the past month.

A solid business, but screening 83% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (21.27 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 (56/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (11.23 IDR to 21.27 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

730.00 IDR 50.00 IDR Fair Value 17.02 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 50.00 IDR – 730.00 IDR · fair‑value band 11.23 IDR – 21.27 IDR · the 100.00 IDR price screens above the 17.02 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

PT Bumi Benowo Sukses Sejahtera Tbk (BBSS) currently trades at 100.00 IDR, while our model-based Fair Value estimate is 17.02 IDR, implying the stock looks roughly 83.0% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials 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: low).

Over the trailing twelve months, PT Bumi Benowo Sukses Sejahtera Tbk generated revenue of 3.2B IDR at a net margin of -17.2%. Revenue declined 8.1% year over year. It earns a return on equity of -0.2%. The balance sheet holds a net cash position of 523M IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 11.23 IDR (bear case) to 21.27 IDR (bull case); at 100.00 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. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -83%, BBSS 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
NCAV (Graham) 25.64 IDR 34.35 IDR 51.27 IDR 50
All 1 models by family
Asset-Based
NCAV (Graham) 25.64 IDR 34.35 IDR 51.27 IDR 50

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Key figures & financial health

Revenue (TTM) 3.2B IDR
Revenue growth (YoY) -8.1%
Net margin -17.2%
Return on equity -0.2%
Free cash flow −627M IDR FY2025
Operating margin -312%
More key figures
EPS (TTM) -0.1100 IDR
EPS growth (YoY) -93.4%
Net cash 523M IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 55 · Market factors (momentum, volatility) 15

Profitability 7
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
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 Bumi Benowo Sukses Sejahtera Tbk engages in the construction of warehouses and shophouses. It sells and land, houses, apartments, offices, and other buildings, as well as rents warehouses. The company was formerly known as PT Firman Mercu Alam Film and changed its name to PT Bumi Benowo Sukses Sejahtera Tbk in October 2019.

Full company description

PT Bumi Benowo Sukses Sejahtera Tbk engages in the construction of warehouses and shophouses. It sells and land, houses, apartments, offices, and other buildings, as well as rents warehouses. The company was formerly known as PT Firman Mercu Alam Film and changed its name to PT Bumi Benowo Sukses Sejahtera Tbk in October 2019. The company was founded in 1987 and is headquartered in Surabaya, Indonesia. PT Bumi Benowo Sukses Sejahtera Tbk operates as a subsidiary of Agung Alam Anugrah Group.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Bumi Benowo Sukses Sejahtera Tbk reported revenue of 3.2B IDR in FY2025 versus 9.0B IDR in FY2021, a compound −22.7%/yr. Reported net income was −569M IDR in FY2025.

Growth Quality 34/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.2B IDR
Latest YoY
+548.3%
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.
+87.9%
Avg. growth/yr (7Y) 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.
−2.6%
Revenue −22.7%/yr
FY21 9.0B IDR
FY22 482M IDR
FY23 451M IDR
FY24 493M IDR
FY25 3.2B IDR
Net income
FY21 −1.1B IDR
FY22 −1.8B IDR
FY23 −1.2B IDR
FY24 −907M IDR
FY25 −569M IDR

BBSS screens 83% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "PT Bumi Benowo Sukses Sejahtera Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BBSS

Peer Group

Engineering & Construction · 839 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 55 · Above median
Fair Value upside −83% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -17% · Bottom 25%
Revenue growth -8% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/S (TTM) 0.01× · Cheaper 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.

VALUE 0 · sector 16
FUTURE 0 · sector 17
PAST 0 · sector 26
HEALTH 100 · sector 94
DIVIDEND 0 · sector 33

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is PT Bumi Benowo Sukses Sejahtera Tbk (BBSS) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 17.02 IDR versus a price of 100.00 IDR, about −83% (overvalued).
What is the fair value of BBSS?
Our model-based fair value for PT Bumi Benowo Sukses Sejahtera Tbk is 17.02 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 100.00 IDR.
What is the quality score of BBSS?
PT Bumi Benowo Sukses Sejahtera Tbk has a Quality Score of 56/100. 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 Bumi Benowo Sukses Sejahtera Tbk (BBSS)?
PT Bumi Benowo Sukses Sejahtera Tbk reported trailing-twelve-month revenue of about 3.2B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of BBSS?
The net profit margin of PT Bumi Benowo Sukses Sejahtera Tbk is about -17.2%, meaning it is currently running at a net loss. 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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