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PT Bumi Resources Tbk, (BUMI) Fair Value & Analysis

Energy · ID · Market cap 52.7T IDR

PB PT Bumi Resources Tbk, BUMI · JK
Price187.00 IDR
Fair Value180.50 IDR
Upside-3.5%
Quality46/100
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Expensive Growth
Thin margins · 5.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/13)
Narrow moat 35/100
Evidence: Medium Range 180.50 IDR – 180.50 IDR Share as image

Fair value as of: Jul 11, 2026

From 5 valuation models · updated 29 days ago

Fair value updated Jul 11, 2026, revised from 179.50 IDR to 180.50 IDR (+0.6%) since Jun 24, 2026. Share price +37.5% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits above even our optimistic bull case (180.50 IDR). The favourable scenario is already priced in.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (5 years)

464.00 IDR 51.00 IDR Fair Value 180.50 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 51.00 IDR – 464.00 IDR · the 187.00 IDR price screens above the 180.50 IDR fair value. Dashed = 300-day average. As of Jul 11, 2026.

Full chart & analysis →

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Analysis

PT Bumi Resources Tbk, (BUMI) currently trades at 187.00 IDR, while our model-based Fair Value estimate is 180.50 IDR, implying the stock looks roughly 3.5% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Energy 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 Bumi Resources Tbk, generated revenue of 1.5B IDR at a net margin of 5.8%. Revenue grew 19.7% year over year. It earns a return on equity of 4.6%. Net debt stands at 316M IDR. Fundamentals as of Jul 11, 2026

The share trades about 61% below its 52-week high and 82% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -12% fair-value upside, at -3%, BUMI 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-Adj P/E 180.50 IDR 180.50 IDR 180.50 IDR 68
Graham-Dodd 180.50 IDR 361.00 IDR 54
Lynch FV 180.50 IDR 180.50 IDR 180.50 IDR 50
All 5 models by family
Earnings-Based
Graham-Dodd 180.50 IDR 361.00 IDR 54
Lynch FV 180.50 IDR 180.50 IDR 180.50 IDR 50
PEG = 1.0 180.50 IDR 180.50 IDR 180.50 IDR 46
Multiples
EV/Revenue 180.50 IDR 43
Growth Earnings
Growth-Adj P/E 180.50 IDR 180.50 IDR 180.50 IDR 68

Widest divergence: Earnings-Based (180.50 IDR) versus Earnings-Based (180.50 IDR). Highest evidence: Growth-Adj P/E (68).

Key figures & financial health

Revenue (TTM) 1.5B IDR
Revenue growth (YoY) +19.7%
Net margin 5.8%
Return on equity 4.6%
Free cash flow −66.2M IDR FY2025
P/E ratio 32.9
More key figures
Operating margin 11.1%
EPS (TTM) 4.32 IDR
EPS growth (YoY) +35.4%
Net debt 316M IDR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 47

Profitability 24
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 61
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.

About the company

PT Bumi Resources Tbk, together with its subsidiaries, engages in the mining activities in Indonesia. The company operates through three segments: Holding Company, Coal, and Minerals. It engages in the exploration, exploitation, mining, and sale of coal deposits; and explores gold and silver properties. The company also exports its products.

Full company description

PT Bumi Resources Tbk, together with its subsidiaries, engages in the mining activities in Indonesia. The company operates through three segments: Holding Company, Coal, and Minerals. It engages in the exploration, exploitation, mining, and sale of coal deposits; and explores gold and silver properties. The company also exports its products. The company also exports its products. The company was formerly known as PT Bumi Modern Tbk. and changed its name to PT Bumi Resources Tbk in September 2000. PT Bumi Resources Tbk was founded in 1973 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 Bumi Resources Tbk, reported revenue of 1.4B IDR in FY2025 versus 1.0B IDR in FY2021, a compound +9.0%/yr. Reported net income was 84.2M IDR in FY2025, compounding −15.9%/yr from FY2021.

Growth Quality 55/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.4B IDR
Latest YoY
+4.8%
Avg. growth/yr (3Y)
−8.0%
Avg. growth/yr (5Y)
+12.5%
Avg. growth/yr (25Y)
−9.8%
Revenue +9.0%/yr
FY21 1.0B IDR
FY22 1.8B IDR
FY23 1.7B IDR
FY24 1.4B IDR
FY25 1.4B IDR
Net income −15.9%/yr
FY21 168M IDR
FY22 547M IDR
FY23 16.4M IDR
FY24 71.0M IDR
FY25 84.2M IDR

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

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 46 · Below median
Fair Value upside −4% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 2% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 20% · Top 25%
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Thermal Coal median · lower = cheaper

P/E (TTM) 32.9× · Pricier than 75% of peers
P/B 3.26× · Pricier than 75% of peers
P/S (TTM) 3.53× · Pricier than 75% of peers
EV/EBITDA 30.3× · Pricier than 75% of peers
PEG 0.10× · 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 29 · sector 27
FUTURE 99 · sector 0
PAST 18 · sector 21
HEALTH 91 · 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 11, 2026).

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Frequently asked questions

Is PT Bumi Resources Tbk, (BUMI) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 180.50 IDR versus a price of 187.00 IDR, about −3% (fairly valued).
What is the fair value of BUMI?
Our model-based fair value for PT Bumi Resources Tbk, is 180.50 IDR (as of Jul 11, 2026), built from audited fundamentals. The current price is 187.00 IDR.
What is the quality score of BUMI?
PT Bumi Resources Tbk, has a Quality Score of 46/100. 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 Resources Tbk, (BUMI)?
PT Bumi Resources Tbk, reported trailing-twelve-month revenue of about 1.5B IDR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of BUMI?
The net profit margin of PT Bumi Resources Tbk, is about 5.8%, meaning it keeps roughly 5.8% 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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