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PT Energi Mega Persada Tbk, through its subsidiaries, (ENRG) Fair Value & Analysis

Energy · ID · Market cap 36.3T IDR

PE PT Energi Mega Persada Tbk, through its subsidiaries, ENRG · JK
Price1,320 IDR
Fair Value715.60 IDR
Upside-45.8%
Quality50/100
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Expensive Growth
Solidly profitable · 17.7% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/14)
Wide moat 68/100
Evidence: Medium Range 536.70 IDR – 1,073 IDR Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from 0.0400 IDR to 715.60 IDR (+1,788,900.0%) since Jul 16, 2026. Share price +12.3% over the past month.

A solid business, but screening 46% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,073 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (536.70 IDR to 1,073 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2,200 IDR 98.00 IDR Fair Value 715.60 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 98.00 IDR – 2,200 IDR · fair‑value band 536.70 IDR – 1,073 IDR · the 1,320 IDR price screens above the 715.60 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

PT Energi Mega Persada Tbk, through its subsidiaries, (ENRG) currently trades at 1,320 IDR, while our model-based Fair Value estimate is 715.60 IDR, implying the stock looks roughly 45.8% overvalued today. The Quality Score stands at 50/100 (solid 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 Energi Mega Persada Tbk, through its subsidiaries, generated revenue of 498M IDR at a net margin of 18.4%. Revenue declined 7.5% year over year. It earns a return on equity of 12.4%. Net debt stands at 430M IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 536.70 IDR (bear case) to 1,073 IDR (bull case); at 1,320 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 45% below its 52-week high, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -26% fair-value upside, at -46%, ENRG 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 BearBaseBull Evidence
Highest evidence
Growth DCF 357.80 IDR 536.70 IDR 894.50 IDR 80
Residual Income 536.70 IDR 536.70 IDR 894.50 IDR 76
Rev-Margin DCF 178.90 IDR 357.80 IDR 536.70 IDR 74
All 24 models by family
DCF Models
FCF DCF 357.80 IDR 536.70 IDR 894.50 IDR 38
5Y Revenue Exit 178.90 IDR 357.80 IDR 536.70 IDR 39
5Y EBITDA Exit 536.70 IDR 1,073 IDR 1,431 IDR 41
5Y P/E Exit 357.80 IDR 715.60 IDR 1,073 IDR 38
10Y Revenue Exit 178.90 IDR 357.80 IDR 536.70 IDR 36
10Y EBITDA Exit 536.70 IDR 894.50 IDR 1,252 IDR 37
10Y P/E Exit 357.80 IDR 715.60 IDR 894.50 IDR 35
Earnings-Based
Graham-Dodd 357.80 IDR 1,073 IDR 1,431 IDR 54
PEG = 1.0 178.90 IDR 357.80 IDR 357.80 IDR 46
EPV 715.60 IDR 715.60 IDR 894.50 IDR 59
Dividend Discount
Gordon GGM 21,826 IDR 45,262 IDR 80,147 IDR 70
DDM Multi-Stage 21,826 IDR 34,170 IDR 47,945 IDR 61
Multiples
P/E Multiple 715.60 IDR 894.50 IDR 1,073 IDR 63
P/S Multiple 357.80 IDR 357.80 IDR 536.70 IDR 58
P/B Multiple 715.60 IDR 1,073 IDR 1,252 IDR 55
EV/EBIT 715.60 IDR 894.50 IDR 1,252 IDR 53
EV/EBITDA 715.60 IDR 1,073 IDR 1,431 IDR 54
EV/Revenue 178.90 IDR 357.80 IDR 357.80 IDR 43
Asset-Based
NCAV (Graham) 357.80 IDR 357.80 IDR 536.70 IDR 50
Growth DCF
Growth DCF 357.80 IDR 536.70 IDR 894.50 IDR 80
Rev-Margin DCF 178.90 IDR 357.80 IDR 536.70 IDR 74
Economic Profit
Residual Income 536.70 IDR 536.70 IDR 894.50 IDR 76
ROIC Compounder 715.60 IDR 894.50 IDR 1,073 IDR 72
Growth Earnings
Growth-Adj P/E 536.70 IDR 715.60 IDR 894.50 IDR 68

Widest divergence: Dividend Discount (34,170 IDR) versus Asset-Based (357.80 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 518M IDR
Revenue growth (YoY) +17.0%
Net margin 17.7%
Return on equity 12.1%
Free cash flow 59.5M IDR FY2025
P/E ratio 25.1
More key figures
Operating margin 38.4%
EPS (TTM) 54.33 IDR
EPS growth (YoY) -3.9%
Net debt 430M IDR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 50 · Market factors (momentum, volatility) 59

Profitability 38
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 16
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 64
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 Energi Mega Persada Tbk, through its subsidiaries, operates as an upstream oil and natural gas company in Indonesia, Mozambique, and Japan. It engages in the exploration, development, production, and sale of crude oil and natural gas. The company was founded in 2001 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 Energi Mega Persada Tbk, through its subsidiaries, reported revenue of 492M IDR in FY2025 versus 406M IDR in FY2021, a compound +4.9%/yr. Reported net income was 90.4M IDR in FY2025, compounding +22.4%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
492M IDR
Latest YoY
+5.3%
Avg. growth/yr (3Y)
+2.9%
Avg. growth/yr (5Y)
+8.7%
Avg. growth/yr (21Y)
−29.9%
Revenue +4.9%/yr
FY21 406M IDR
FY22 452M IDR
FY23 421M IDR
FY24 467M IDR
FY25 492M IDR
Net income +22.4%/yr
FY21 40.2M IDR
FY22 66.8M IDR
FY23 68.4M IDR
FY24 75.4M IDR
FY25 90.4M IDR

ENRG screens 46% overvalued. Compare with CNOOC Limited →

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Cite: Fair Value Calculator (2026). "PT Energi Mega Persada Tbk, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/ENRG

Peer Group

Oil & Gas E&P · 315 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 50 · Above median
Fair Value upside −46% · Below median
Return on equity (TTM) 12% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 38% · Top 25%
Revenue growth 17% · Above median
Debt / equity 0.26× · Higher than median

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/E (TTM) 25.1× · Pricier than median
P/B 4.05× · Pricier than 75% of peers
P/S (TTM) 7.00× · Pricier than 75% of peers
P/FCF 61.0× · Pricier than 75% of peers
EV/EBITDA 15.4× · Pricier than 75% of peers
PEG 0.15× · 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 14
FUTURE 85 · sector 0
PAST 49 · sector 0
HEALTH 87 · sector 87
DIVIDEND 0 · sector 66

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.

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 Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥28.97 ¥32.55 +12%
ConocoPhillips explores for, COP $109.04 $91.79 -16%
Canadian Natural Resources Limited CNQ $42.86 $31.54 -26%
EOG Resources, Inc EOG $139.89 $130.19 -7%
Occidental Petroleum Corporation OXY $54.86 $30.68 -44%
Diamondback Energy, Inc FANG $183.39 $106.12 -42%
Devon Energy Corporation DVN $43.83 $27.06 -38%
Woodside Energy Group WDS A$30.46 A$20.71 -32%
EQT Corporation EQT $48.85 $42.85 -12%
Texas Pacific Land Corporation TPL $415.70 $79.20 -81%

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Frequently asked questions

Is PT Energi Mega Persada Tbk, through its subsidiaries, (ENRG) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 715.60 IDR versus a price of 1,320 IDR, about −46% (overvalued).
What is the fair value of ENRG?
Our model-based fair value for PT Energi Mega Persada Tbk, through its subsidiaries, is 715.60 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 1,320 IDR.
What is the quality score of ENRG?
PT Energi Mega Persada Tbk, through its subsidiaries, has a Quality Score of 50/100. 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 Energi Mega Persada Tbk, through its subsidiaries, (ENRG)?
PT Energi Mega Persada Tbk, through its subsidiaries, reported trailing-twelve-month revenue of about 498M IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ENRG?
The net profit margin of PT Energi Mega Persada Tbk, through its subsidiaries, is about 18.4%, meaning it keeps roughly 18.4% 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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