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PT Baramulti Suksessarana Tbk (BSSR) Fair Value & Analysis

Energy · ID · Market cap 11.0T IDR

PB PT Baramulti Suksessarana Tbk BSSR · JK
Price4,330 IDR
Fair Value7,226 IDR
Upside+66.9%
Quality79/100
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Mixed Growth
Solidly profitable · 12.5% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Wide moat 67/100
Evidence: High Range 5,600 IDR – 12,464 IDR Share as image

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 28 days ago

Fair value updated Jul 13, 2026, revised from 7,180 IDR to 7,226 IDR (+0.6%) since Jun 24, 2026. Share price +6.7% over the past month.

A strong business, screening 67% undervalued on our models.

What matters now

  • The rarer combination: high quality (79/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (5,600 IDR). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (5,600 IDR to 12,464 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

4,330 IDR 442.82 IDR Fair Value 7,226 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 442.82 IDR – 4,330 IDR · fair‑value band 5,600 IDR – 12,464 IDR · the 4,330 IDR price screens below the 7,226 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

PT Baramulti Suksessarana Tbk (BSSR) currently trades at 4,330 IDR, while our model-based Fair Value estimate is 7,226 IDR, implying the stock looks roughly 66.9% undervalued today. The Quality Score stands at 79/100 (high quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Baramulti Suksessarana Tbk generated revenue of 718M IDR at a net margin of 12.5%. Revenue grew 9.5% year over year. It earns a return on equity of 30.9%. The balance sheet holds a net cash position of 78.5M IDR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 5,600 IDR (bear case) to 12,464 IDR (bull case); at 4,330 IDR, the current price sits below 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 near its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -12% fair-value upside, at 67%, BSSR screens cheaper 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 BearBaseBull Evidence
Highest evidence
Growth DCF 15,716 IDR 28,902 IDR 53,289 IDR 80
Residual Income 4,155 IDR 5,780 IDR 46,966 IDR 76
Rev-Margin DCF 7,948 IDR 12,103 IDR 17,703 IDR 74
All 24 models by family
DCF Models
FCF DCF 15,896 IDR 30,348 IDR 57,805 IDR 38
Owner Earnings 14,271 IDR 27,096 IDR 51,663 IDR 31
5Y Revenue Exit 7,948 IDR 12,103 IDR 17,522 IDR 39
5Y EBITDA Exit 8,490 IDR 13,006 IDR 18,787 IDR 41
5Y P/E Exit 9,032 IDR 14,451 IDR 20,593 IDR 38
10Y Revenue Exit 10,296 IDR 15,174 IDR 22,399 IDR 36
10Y EBITDA Exit 10,658 IDR 15,896 IDR 23,483 IDR 37
10Y P/E Exit 11,200 IDR 16,980 IDR 25,109 IDR 35
Earnings-Based
Graham-Dodd 3,974 IDR 19,870 IDR 27,457 IDR 54
Lynch FV 5,419 IDR 7,768 IDR 10,116 IDR 50
PEG = 1.0 5,419 IDR 7,768 IDR 10,116 IDR 46
EPV 6,142 IDR 7,045 IDR 7,948 IDR 59
Multiples
P/E Multiple 5,961 IDR 7,948 IDR 9,935 IDR 63
P/S Multiple 4,335 IDR 5,780 IDR 7,226 IDR 58
P/B Multiple 2,529 IDR 3,432 IDR 4,155 IDR 55
EV/EBIT 5,780 IDR 7,587 IDR 9,213 IDR 53
EV/EBITDA 5,600 IDR 7,226 IDR 8,851 IDR 54
EV/Revenue 4,516 IDR 6,322 IDR 7,948 IDR 43
Asset-Based
NCAV (Graham) 903.20 IDR 1,264 IDR 1,806 IDR 50
Growth DCF
Growth DCF 15,716 IDR 28,902 IDR 53,289 IDR 80
Rev-Margin DCF 7,948 IDR 12,103 IDR 17,703 IDR 74
Economic Profit
Residual Income 4,155 IDR 5,780 IDR 46,966 IDR 76
ROIC Compounder 6,864 IDR 8,851 IDR 11,200 IDR 72
Growth Earnings
Growth-Adj P/E 6,684 IDR 9,574 IDR 12,464 IDR 68

Widest divergence: DCF Models (15,174 IDR) versus Asset-Based (1,264 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 718M IDR
Revenue growth (YoY) +9.5%
Net margin 12.5%
Return on equity 30.9%
Free cash flow 156M IDR FY2025
P/E ratio 6.3
More key figures
Operating margin 18.7%
EPS (TTM) 618.90 IDR
EPS growth (YoY) +30.5%
Net cash 78.5M IDR FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 79/100

Of which business quality 80 · Market factors (momentum, volatility) 83

Profitability 91
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 86
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 Baramulti Suksessarana Tbk operates as a coal mining and trading company in Indonesia. The company holds interests in the coal concessions, which covers an area of approximately 22,433 hectares located in South Kalimantan and 2,459.8 hectares located in East Kalimantan.

Full company description

PT Baramulti Suksessarana Tbk operates as a coal mining and trading company in Indonesia. The company holds interests in the coal concessions, which covers an area of approximately 22,433 hectares located in South Kalimantan and 2,459.8 hectares located in East Kalimantan. It markets its coal to China, India, Japan, Taiwan, the Philippines, Hong Kong, South Korea, and Thailand. The company was incorporated in 1990 and is headquartered in Jakarta Pusat, Indonesia. PT Baramulti Suksessarana Tbk operates as a subsidiary of PT Wahana Sentosa Cemerlang.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Baramulti Suksessarana Tbk reported revenue of 695M IDR in FY2025 versus 691M IDR in FY2021, a compound +0.1%/yr. Reported net income was 83.0M IDR in FY2025, compounding −20.3%/yr from FY2021.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
695M IDR
Latest YoY
−26.7%
Avg. growth/yr (3Y)
−12.3%
Avg. growth/yr (5Y)
+16.0%
Avg. growth/yr (15Y)
+23.9%
Revenue +0.1%/yr
FY21 691M IDR
FY22 1.0B IDR
FY23 1.1B IDR
FY24 948M IDR
FY25 695M IDR
Net income −20.3%/yr
FY21 205M IDR
FY22 240M IDR
FY23 162M IDR
FY24 132M IDR
FY25 83.0M IDR

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Cite: Fair Value Calculator (2026). "PT Baramulti Suksessarana Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BSSR

Peer Group

Thermal Coal · 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 79 · Top 25%
Fair Value upside +67% · Top 25%
Return on equity (TTM) 31% · Top 25%
Return on assets 18% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 10% · Above median
Dividend yield (TTM) 0.0% · Below median

Valuation Multiples vs Thermal Coal median · lower = cheaper

P/E (TTM) 6.8× · Cheaper than 75% of peers
P/B 4.03× · Pricier than 75% of peers
P/S (TTM) 1.53× · Pricier than median
P/FCF 7.0× · Pricier than median
EV/EBITDA 6.0× · Cheaper than median

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 100 · sector 27
FUTURE 48 · sector 0
PAST 100 · sector 21
HEALTH 100 · sector 92
DIVIDEND 0 · sector 31

Values & ESG

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

Coal Oil & gas

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

Similar stocks

10 more Thermal Coal stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

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Frequently asked questions

Is PT Baramulti Suksessarana Tbk (BSSR) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 7,226 IDR versus a price of 4,330 IDR, about +67% (undervalued).
What is the fair value of BSSR?
Our model-based fair value for PT Baramulti Suksessarana Tbk is 7,226 IDR (as of Jul 13, 2026), built from audited fundamentals. The current price is 4,330 IDR.
What is the quality score of BSSR?
PT Baramulti Suksessarana Tbk has a Quality Score of 79/100. 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 Baramulti Suksessarana Tbk (BSSR)?
PT Baramulti Suksessarana Tbk reported trailing-twelve-month revenue of about 718M IDR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of BSSR?
The net profit margin of PT Baramulti Suksessarana Tbk is about 12.5%, meaning it keeps roughly 12.5% 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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