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PT Petrindo Jaya Kreasi Tbk (CUAN) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of PT Petrindo Jaya Kreasi Tbk stock IDR 290, price IDR 358, that is 18.9% below the price, quality 32 out of 100. Rating: overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.

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Energy ID · ISIN ID1000187206

PP PT Petrindo Jaya Kreasi Tbk logo Thin data Nov 2, 2026

PT Petrindo Jaya Kreasi Tbk

CUAN · JK
Expensive, weak quality

Our calculation puts a fair price 19% below what the stock costs today.

Solidly profitable · 10.2% net margin (TTM)
Revenue last quarter +74% vs. a year ago.
Mixed Growth (revenue 3y +130.8 %/yr in USD)
Moderate moat 52/100 · thin data
Fair value 290.35 IDR · Overvalued (−18.9%)
Quality 32/100
High debt
Negative free cash flow
Trails peers (4/13)
Thin data
⟳ Cyclical⚠ Small free float
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What runs behind every stock

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

Price vs Fair Value

2,770 IDR 27.39 IDR Fair Value 290.35 IDR Mar 2023 Nov 2026

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

How to read this chart

44‑month range 27.39 IDR – 2,770 IDR · fair‑value band 217.76 IDR – 592.62 IDR · the 358.00 IDR price screens above the 290.35 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 Petrindo Jaya Kreasi Tbk, through its subsidiaries, engages in coal mining operations in Indonesia. It operates through three segments: Mining, Services, and Engineering and Construction.

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The company produces thermal and metallurgical coal products; explores resources, including gold, silver, copper, and silica sand; offers mining contracting and engineering, procurement, and construction services; and provides offshore supply base and other infrastructure services, as well as coal hauling road, intermediate stockpile, and port activities.

It is also involved in finance and insurance; professional, scientific, and technical activities; transportation; warehousing; communications; real estate rental; civil engineering; electrical system and construction installation; agrobusiness; general trading; and sea freight of goods.

The company was incorporated in 2008 and is based in Jakarta, Indonesia.

Stock analysis

PT Petrindo Jaya Kreasi Tbk (CUAN) currently trades at 358.00 IDR, while our model-based Fair Value estimate is 290.35 IDR, 19% 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 921.80 IDR per share, and 5 of the 12 models we run sit above the 358.00 IDR price.

Bear case: the Multiples group reads lowest at 184.98 IDR, and 7 of the 12 models stay below the price. Data coverage for this calculation is low.

Scenario range: 217.76 IDR (bear) to 592.62 IDR (bull), the price of 358.00 IDR sits inside 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 32/100 (below-average quality), in the Energy sector.

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

PT Petrindo Jaya Kreasi Tbk reported revenue of $1.2B in FY2025 versus $28.1M in FY2021, a compound +155.6%/yr. Reported net income was $133M in FY2025, compounding +204.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.

Key figures

Market cap 39.8T IDR (≈ $2.2B) Mid · P/E ratio 16.5 · P/S ratio 1.82 · EPS (TTM) 21.73 IDR · Dividend yield 0.1% · Net margin 11.1% · Return on equity 26.4% · Return on assets (EBIT) 13.9% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).

What moves the price

The share trades about 87% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Energy peers we cover trades at −25% fair-value upside, at −19%, CUAN screens cheaper than that median.

Fair Value models

Bear 217.76 IDR Fair Value 290.35 IDR Bull 592.62 IDR
Price 358.00 IDR · Downside -18.9%
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 (18.57 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
Gordon GGM 2.57 IDR 4.76 IDR 6.72 IDR 65
DDM Multi-Stage 2.57 IDR 4.28 IDR 5.07 IDR 65
Growth-Adj P/E 645.26 IDR 921.80 IDR 1,198 IDR 65
All 12 models by family
Earnings-Based
Graham-Dodd 145.57 IDR 1,015 IDR 1,425 IDR 61
Lynch FV 524.48 IDR 749.26 IDR 974.04 IDR 59
PEG = 1.0 524.48 IDR 749.26 IDR 974.04 IDR 55
Dividend Discount
Gordon GGM 2.57 IDR 4.76 IDR 6.72 IDR 65
DDM Multi-Stage 2.57 IDR 4.28 IDR 5.07 IDR 65
Multiples
P/E Multiple 272.94 IDR 363.93 IDR 454.91 IDR 63
P/S Multiple 217.56 IDR 290.08 IDR 362.60 IDR 58
P/B Multiple 59.90 IDR 79.87 IDR 99.84 IDR 55
EV/EBITDA n/a 55.39 IDR 116.91 IDR 62
Asset-Based
NCAV (Graham) 13.31 IDR 17.84 IDR 26.62 IDR 54
Economic Profit
Residual Income 123.60 IDR 215.40 IDR 592.07 IDR 63
Growth Earnings
Growth-Adj P/E 645.26 IDR 921.80 IDR 1,198 IDR 65

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Quality Score breakdown

Overall quality 32/100

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

Profitability 46
How much profit the company makes from its sales and capital
Quality Growth 38
Are margins and returns getting better?
Cashflow 4
Do the profits arrive as real cash?
Financial strength 28
Debt, balance sheet and risk of trouble
Investment 0
Does it invest with discipline instead of growing at any price?
Low Volatility 49
How calm the share price moves, does not count
Price momentum 0
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 73
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. 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+49.8%
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.
+130.8%
Revenue growth 6 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.
+74.8%
Profit margin (trend) ⓘ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.
−496.3% (2020) → 2.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: rate outside our plausibility band
not computed

CUAN screens overvalued: fair value 19% below the price. Compare with China Shenhua Energy Company →

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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.Thermal Coal · 82 stocks

Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score 32 · Bottom 25%
Fair Value upside −18.9% · Below median
Profitability
Return on equity (12 months) 26.4% · Top 25%
Return on assets 4.9% · Above median
Net margin (12 months) 10.2% · Above median
Operating margin (12 months) 4.4% · Below median
Growth and dividend
Revenue growth (quarter YoY) 73.6% · Top 25%
Dividend yield (12 months) 0.1% · Bottom 25%
Balance sheet
Debt / equity 3.31× · Highest 25%

Valuation Multiplesvs Thermal Coal median · lower = cheaper

P/E (12 months) 16.5× · Pricier than median
P/B 6.48× · Priciest 25%
P/S (12 months) 1.48× · Pricier than median
EV/EBITDA 12.9× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)8 · sector 13
FUTURE (revenue growth)100 · sector 60
PAST (return on equity)100 · sector 27
HEALTH (low debt)0 · sector 92
DIVIDEND (yield)1 · sector 64

Context: sector, industry, market

Values & ESG

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

Coal Oil & gas

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PT Petrindo Jaya Kreasi Tbk: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "PT Petrindo Jaya Kreasi Tbk Fair Value". https://www.fairvalue-calculator.com/stock/CUAN

Frequently asked questions

Is PT Petrindo Jaya Kreasi Tbk (CUAN) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of 290.35 IDR versus a price of 358.00 IDR, about 19% lower (overvalued).
What is the fair value of CUAN?
Our model-based fair value for PT Petrindo Jaya Kreasi Tbk is 290.35 IDR (as of Nov 2, 2026), built from audited fundamentals. The current price: 358.00 IDR.
What is the quality score of CUAN?
PT Petrindo Jaya Kreasi Tbk has a Quality Score of 32/100. 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
Our model-based price target is the fair value of 290.35 IDR (as of Nov 2, 2026) from 12 valuation models. Cautious scenario 217.76 IDR, optimistic scenario 592.62 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the PT Petrindo Jaya Kreasi Tbk stock forecast for 2026?
Our models put fair value at 290.35 IDR, about 19% lower versus a price of 358.00 IDR (overvalued). Cautious scenario 217.76 IDR, optimistic scenario 592.62 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of PT Petrindo Jaya Kreasi Tbk (CUAN)?
PT Petrindo Jaya Kreasi Tbk reported trailing-twelve-month revenue of about $1.5B (latest available figure, as of Nov 2, 2026).
Does PT Petrindo Jaya Kreasi Tbk pay a dividend?
PT Petrindo Jaya Kreasi Tbk currently shows a dividend yield of 0.06% relative to its recent price (as of Nov 2, 2026).
How much is the dividend of PT Petrindo Jaya Kreasi Tbk (CUAN)?
PT Petrindo Jaya Kreasi Tbk has a dividend yield of 0.1%.
What is the intrinsic value of PT Petrindo Jaya Kreasi Tbk (CUAN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PT Petrindo Jaya Kreasi Tbk it is 290.35 IDR per share (as of Nov 2, 2026), against a price of 358.00 IDR. It is the blended result of 12 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is PT Petrindo Jaya Kreasi Tbk stock overvalued or undervalued in 2026?
As of Nov 2, 2026, CUAN trades above its calculated fair value: price 358.00 IDR, fair value 290.35 IDR, a gap of about −19% (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 CUAN?
No. The price is what the market pays today (358.00 IDR); the fair value is what the company's own numbers justify (290.35 IDR). For PT Petrindo Jaya Kreasi Tbk the two are 67.65 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is PT Petrindo Jaya Kreasi Tbk worth?
The market values PT Petrindo Jaya Kreasi Tbk at about 39.8T IDR (market capitalisation, as of Nov 2, 2026). Per share that is 358.00 IDR; our models calculate a fair value of 290.35 IDR per share.
What do the bullish and bearish scenarios say about CUAN?
Our models span a range for PT Petrindo Jaya Kreasi Tbk: cautious scenario 217.76 IDR, base 290.35 IDR, optimistic 592.62 IDR per share (as of Nov 2, 2026, price 358.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CUAN?
PT Petrindo Jaya Kreasi Tbk trades at a price-to-earnings ratio of 16.5 (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 290.35 IDR is built from several models across several years. Other multiples: P/B 6.5, P/S 1.5, EV/EBITDA 12.9.
How solid is the balance sheet of PT Petrindo Jaya Kreasi Tbk (CUAN)?
Balance-sheet figures for PT Petrindo Jaya Kreasi Tbk (as of Nov 2, 2026): return on equity 26.4%, debt of 3.31 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is CUAN from its 52-week high?
PT Petrindo Jaya Kreasi Tbk trades at 358.00 IDR, about 87% below its 52-week high of 2,740 IDR and at the low of 358.00 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 290.35 IDR is for.
Which stocks are comparable to PT Petrindo Jaya Kreasi Tbk?
From the same area (Energy) we also value China Shenhua Energy Company, Shaanxi Coal Industry Company, Adani Enterprises Limited, China Coal Energy Company, 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 PT Petrindo Jaya Kreasi Tbk stock attractive at the current price?
The data as of Nov 2, 2026: price 358.00 IDR, calculated fair value 290.35 IDR (−19%), Quality Score 32/100, from 12 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 CUAN calculated?
We run PT Petrindo Jaya Kreasi Tbk through 12 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 290.35 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. PT Petrindo Jaya Kreasi 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
The closing price on Nov 6, 2026 was 358.00 IDR. Our model-based fair value is 290.35 IDR, about 19% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PT Petrindo Jaya Kreasi Tbk right now?
Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (217.76 IDR to 592.62 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of PT Petrindo Jaya Kreasi Tbk

How large is the market capitalisation of PT Petrindo Jaya Kreasi Tbk (CUAN)?
The market capitalisation of PT Petrindo Jaya Kreasi Tbk is 39.8T IDR (≈ $2.2B). 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
The price-to-sales ratio of PT Petrindo Jaya Kreasi Tbk is 1.82 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PT Petrindo Jaya Kreasi Tbk (CUAN)?
Earnings per share at PT Petrindo Jaya Kreasi Tbk are 21.73 IDR (price ÷ EPS = P/E 16.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PT Petrindo Jaya Kreasi Tbk (CUAN)?
The dividend yield of PT Petrindo Jaya Kreasi Tbk is 0.1% (payout 1.0%). 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
The net margin of PT Petrindo Jaya Kreasi Tbk is 11.1% (fiscal year 2025). 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
The return on equity (ROE) of PT Petrindo Jaya Kreasi Tbk is 26.4% (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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
On an EBIT basis the return on assets of PT Petrindo Jaya Kreasi Tbk is 13.9% (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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
The operating margin of PT Petrindo Jaya Kreasi Tbk is 4.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PT Petrindo Jaya Kreasi Tbk (CUAN)?
Revenue at PT Petrindo Jaya Kreasi Tbk is growing +73.6% versus a year earlier (3y avg +131%). 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 PT Petrindo Jaya Kreasi Tbk (CUAN)?
Earnings per share at PT Petrindo Jaya Kreasi Tbk are growing +233% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does PT Petrindo Jaya Kreasi Tbk (CUAN) generate?
The free cash flow of PT Petrindo Jaya Kreasi Tbk is −$492M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does PT Petrindo Jaya Kreasi Tbk (CUAN) carry?
The net debt of PT Petrindo Jaya Kreasi Tbk is $1.2B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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