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Bumi Resources Minerals Tbk (BRMS) Fair Value & Analysis

Basic Materials · ID · Market cap 78.7T IDR

BR Bumi Resources Minerals Tbk BRMS · JK
Price695.00 IDR
Fair Value140.65 IDR
Upside-79.8%
Quality56/100
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Strengths

Highly profitable · 20.8% net margin

Risks

!Trades 394% ABOVE our fair value of 140.65 IDR
!Mixed Growth (revenue 5y +96.8 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (6/12)
Mixed Growth (revenue 5y +96.8 %/yr)
Highly profitable · 20.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Moderate moat 64/100
Evidence: Medium Range 124.36 IDR – 164.09 IDR Share as image

Fair value as of: Aug 24, 2026

From 14 valuation models · updated today

Fair value updated Aug 24, 2026, revised from 0.0100 IDR to 140.65 IDR (+1,406,400.0%) since Aug 13, 2026. Share price +14.9% over the past month.

A solid business, but screening 80% overvalued on our models.

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

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What matters now

  • The price sits above even our optimistic bull case (164.09 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

1,310 IDR 66.83 IDR Fair Value 140.65 IDR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range 66.83 IDR – 1,310 IDR · fair‑value band 124.36 IDR – 164.09 IDR · the 695.00 IDR price screens above the 140.65 IDR fair value. Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Bumi Resources Minerals Tbk (BRMS) currently trades at 695.00 IDR, while our model-based Fair Value estimate is 140.65 IDR, implying the stock looks roughly 79.8% overvalued today. The Quality Score stands at 56/100 (solid 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, Bumi Resources Minerals Tbk generated revenue of 256M IDR at a net margin of 20.8%. Revenue grew 9.7% year over year. It earns a return on equity of 5.1%. Net debt stands at 139M IDR. Fundamentals as of Aug 24, 2026

Our scenario range runs from 124.36 IDR (bear case) to 164.09 IDR (bull case); at 695.00 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. The share trades about 50% below its 52-week high and 81% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -26% fair-value upside, at -80%, BRMS 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
Residual Income 140.65 IDR 140.65 IDR 140.65 IDR 76
ROIC Compounder 140.65 IDR 140.65 IDR 140.65 IDR 72
Gordon GGM 140.65 IDR 281.30 IDR 421.95 IDR 70
All 14 models by family
Earnings-Based
Graham-Dodd 281.30 IDR 421.95 IDR 54
Lynch FV 140.65 IDR 281.30 IDR 281.30 IDR 50
PEG = 1.0 140.65 IDR 281.30 IDR 281.30 IDR 46
EPV 140.65 IDR 140.65 IDR 140.65 IDR 59
Dividend Discount
Gordon GGM 140.65 IDR 281.30 IDR 421.95 IDR 70
DDM Multi-Stage 140.65 IDR 140.65 IDR 281.30 IDR 61
Multiples
P/E Multiple 140.65 IDR 140.65 IDR 140.65 IDR 63
P/B Multiple 140.65 IDR 140.65 IDR 140.65 IDR 55
EV/EBIT 140.65 IDR 140.65 IDR 140.65 IDR 53
EV/EBITDA 140.65 IDR 140.65 IDR 140.65 IDR 54
Asset-Based
NCAV (Graham) 140.65 IDR 140.65 IDR 140.65 IDR 50
Economic Profit
Residual Income 140.65 IDR 140.65 IDR 140.65 IDR 76
ROIC Compounder 140.65 IDR 140.65 IDR 140.65 IDR 72
Growth Earnings
Growth-Adj P/E 140.65 IDR 281.30 IDR 281.30 IDR 68

Widest divergence: Earnings-Based (281.30 IDR) versus Dividend Discount (140.65 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 72.2 as of Jun 9, 2026
Net margin 20.8% TTM
Return on equity 5.1% TTM
Return on assets 4.6% TTM
Operating margin 41.2% TTM
EPS (TTM) 6.68 IDR
More key figures
Growth
Revenue (TTM) 256M IDR TTM
Revenue growth (YoY) +9.7% 3y avg +177%
EPS growth (YoY) +17.6%
Balance sheet & cash flow
Free cash flow −4.3M IDR FY2025
Net debt 139M IDR FY2025

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 53 · Market factors (momentum, volatility) 46

Profitability 34
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 40
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Bumi Resources Minerals Tbk, through its subsidiaries, engages in the exploration and development of mineral properties in Asia. The company operates through Investments, Holding Company, and Mining and Services segments. It explores for lead, zinc, gold, copper, and iron ore.

Full company description

PT Bumi Resources Minerals Tbk, through its subsidiaries, engages in the exploration and development of mineral properties in Asia. The company operates through Investments, Holding Company, and Mining and Services segments. It explores for lead, zinc, gold, copper, and iron ore. The company also invests in shares of stock, as well as engages in funding and financing activities; and offers mining advisory and marketing services. PT Bumi Resources Minerals Tbk was founded in 2003 and is headquartered in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bumi Resources Minerals Tbk reported revenue of 246M IDR in FY2025 versus 10.6M IDR in FY2021, a compound +119.7%/yr. Reported net income was 49.4M IDR in FY2025, compounding −8.1%/yr from FY2021.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
246M IDR
Latest YoY
+51.7%
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.
+176.6%
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.
+96.8%
Avg. growth/yr (25Y) 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.
−15.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+42.4% (42.4 + 0.0)
Revenue +119.7%/yr
FY21 10.6M IDR
FY22 11.6M IDR
FY23 46.6M IDR
FY24 162M IDR
FY25 246M IDR
Net income −8.1%/yr
FY21 69.1M IDR
FY22 13.7M IDR
FY23 13.9M IDR
FY24 24.4M IDR
FY25 49.4M IDR

BRMS screens 80% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Bumi Resources Minerals Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BRMS

Peer Group

Other Industrial Metals & Mining · 478 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 56 · Top 25%
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 5% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 41% · Top 25%
Revenue growth 10% · Above median
Debt / equity 0.13× · Higher than median

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

P/E (TTM) 72.2× · Pricier than 75% of peers
P/B 6.29× · Pricier than 75% of peers
P/S (TTM) 30.80× · Pricier than 75% of peers
EV/EBITDA 79.8× · 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
FUTURE49 · sector 32
PAST21 · sector 0
HEALTH93 · sector 96
DIVIDEND0 · 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

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHP A$63.71 A$42.33 -34%
CMOC Group 3993 HK$18.10 HK$18.89 +4%
Hindustan Zinc Limited HINDZINC ₹584.60 ₹501.98 -14%
PT Vale Indonesia Tbk, INCO 5,075 IDR 2,161 IDR -57%
Rio Tinto Group RIO £73.88 £54.53 -26%
PT Semen Indonesia (Persero) Tbk SMGR 1,510 IDR 1,661 IDR +10%
Saudi Arabian Mining Company 1211 65.50 SAR 33.87 SAR -48%
China Tungsten And Hightech Materials Co 000657 ¥70.43 ¥9.55 -86%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 -74%
Boliden AB BOL kr 527.80 kr 461.48 -13%

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Frequently asked questions

Is Bumi Resources Minerals Tbk (BRMS) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 140.65 IDR versus a price of 695.00 IDR, about −80% (overvalued).
What is the fair value of BRMS?
Our model-based fair value for Bumi Resources Minerals Tbk is 140.65 IDR (as of Aug 24, 2026), built from audited fundamentals. The current price: 695.00 IDR.
What is the quality score of BRMS?
Bumi Resources Minerals 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 Bumi Resources Minerals Tbk (BRMS)?
Bumi Resources Minerals Tbk reported trailing-twelve-month revenue of about 256M IDR (latest available figure, as of Aug 24, 2026).
What is the net profit margin of BRMS?
The net profit margin of Bumi Resources Minerals Tbk is about 20.8%, meaning it keeps roughly 20.8% 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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