Sumber Energi Andalan Tbk PT (ITMA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sumber Energi Andalan Tbk PT stock IDR 1,616, price IDR 1,010, upside +60.0%, quality 41 out of 100. Rating: strongly undervalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
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Sumber Energi Andalan Tbk PT
ITMA · JKThe stock costs 38% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 380.00 IDR – 2,780 IDR · fair‑value band 1,131 IDR – 2,101 IDR · the 1,010 IDR price screens below the 1,616 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
PT Sumber Energi Andalan Tbk provides trading, import and export, consulting, and contract services to the mining and energy sectors.
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It also acts as a contractor in Engineering Procurement Construction (EPC); provides integrated construction services, including planning, procurement, and execution as well as construction for works in the field of power generation and in other energy-related fields; and acts a contractor for Operation & Maintenance (O&M) and providing operation and maintenance services for power plants.
In addition, the company provides consultancy services for the mining industry, including construction and development planning for the general mining industry, as well as related business activities, including the maintenance of mining equipment; oil and gas mining, geothermal and energy conservation, coal, lignite and anthracite, and related business activities; provides consultancy services for activities related to power plant sector, including consultation for operational and maintenance activities; acts as an investor in Independent Power Producer (IPP); conducts investment activities in the field of private power generation; and trading in the energy and agricultural commodities sector.
The company was formerly known as PT Itamaraya Tbk and changed its name to PT Sumber Energi Andalan Tbk in June 2010. PT Sumber Energi Andalan Tbk was founded in 1987 and is headquartered in Jakarta Selatan, Indonesia.
Stock analysis
Sumber Energi Andalan Tbk PT (ITMA) currently trades at 1,010 IDR, while our model-based Fair Value estimate is 1,616 IDR, implying the stock looks roughly 38% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 2,605 IDR per share, and 7 of the 9 models we run sit above the 1,010 IDR price.
Bear case: the Multiples group reads lowest at 655.89 IDR, and 2 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1,131 IDR (bear) to 2,101 IDR (bull), the price of 1,010 IDR sits below 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 41/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sumber Energi Andalan Tbk PT reported revenue of $2.1M in FY2026 versus $204K in FY2022, a compound +78.8%/yr. Reported net income was $1.7M in FY2026, compounding −38.7%/yr from FY2022.
Key figures
Market cap 1.0T IDR (≈ $56.0M) Micro · P/E ratio 33.5 · P/S ratio 27.8 · EPS (TTM) 30.16 IDR · Net margin 83.0% · Return on equity 0.8% · Return on assets (EBIT) 4.3% (5-year average) · Operating margin 18.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 64% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −8% fair-value upside, at 60%, ITMA screens cheaper than that median.
Fair Value models
All 9 models by family
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
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Compare Sumber Energi Andalan Tbk PT with another stock
Price, fair value, quality and upside side by side.
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.Other Industrial Metals & Mining · 372 stocks
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on assets by industry
- Fair value gap by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Vedanta Limited VEDL | ₹261.75 | ₹334.17 | +28% | vs ITMA |
| Saudi Arabian Mining Company 1211 | 58.25 SAR | 64.96 SAR | +12% | vs ITMA |
| Hindustan Zinc Limited HINDZINC | ₹568.10 | ₹624.91 | +10% | vs ITMA |
| Western Mining Co 601168 | ¥27.56 | ¥30.32 | +10% | vs ITMA |
| Boliden AB BOL | kr 503.40 | kr 464.45 | −8% | vs ITMA |
| BHP Group BHP | A$59.20 | A$47.85 | −19% | vs ITMA |
| Zhejiang Huayou Cobalt Co 603799 | ¥33.04 | ¥25.57 | −23% | vs ITMA |
| Korea Zinc Company 010130 | 960,000 KRW | 649,125 KRW | −32% | vs ITMA |
| CMOC Group 603993 | ¥13.29 | ¥6.82 | −49% | vs ITMA |
| China Tungsten And Hightech Materials Co 000657 | ¥38.65 | ¥4.44 | −89% | vs ITMA |
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Key figures of Sumber Energi Andalan Tbk PT
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