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PT Green Power Group (LABA) Fair Value & Analysis

Basic Materials · ID · Market cap 102B IDR

PG PT Green Power Group LABA · JK
Price96.00 IDR
Fair Value75.20 IDR
Upside-21.7%
Quality39/100
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Expensive Growth
Highly profitable · 90.1% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 41/100
Evidence: Medium Range 56.40 IDR – 213.98 IDR Share as image

Fair value as of: Jul 15, 2026

From 10 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 161.28 IDR to 75.20 IDR (−53.4%) since Jun 24, 2026. Share price +5.5% over the past month.

Below-average quality, and screening another 22% overvalued on our models.

What matters now

  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (56.40 IDR to 213.98 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

775.00 IDR 50.00 IDR Fair Value 75.20 IDR Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 50.00 IDR – 775.00 IDR · fair‑value band 56.40 IDR – 213.98 IDR · the 96.00 IDR price screens above the 75.20 IDR fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

PT Green Power Group (LABA) currently trades at 96.00 IDR, while our model-based Fair Value estimate is 75.20 IDR, implying the stock looks roughly 21.7% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Basic Materials 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 Green Power Group generated revenue of 48.1B IDR at a net margin of 7.7%. It earns a return on equity of 4.1%. Net debt stands at 27.8B IDR. The stock trades on a trailing P/E of 2.4. Fundamentals as of Jul 15, 2026

Our scenario range runs from 56.40 IDR (bear case) to 213.98 IDR (bull case); at 96.00 IDR, the current price sits within 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 74% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -25% fair-value upside, at -22%, LABA 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 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. Evidence
Highest evidence
Growth-Adj P/E 401.51 IDR 573.58 IDR 745.65 IDR 68
P/E Multiple 222.55 IDR 296.74 IDR 370.92 IDR 63
Residual Income 118.06 IDR 159.13 IDR 890.15 IDR 61
All 10 models by family
DCF Models
Owner Earnings 239.26 IDR 553.97 IDR 1,215 IDR 31
Earnings-Based
Graham-Dodd 118.69 IDR 827.76 IDR 1,162 IDR 54
Lynch FV 347.62 IDR 496.60 IDR 645.58 IDR 50
PEG = 1.0 347.62 IDR 496.60 IDR 645.58 IDR 46
Multiples
P/E Multiple 222.55 IDR 296.74 IDR 370.92 IDR 63
P/S Multiple 31.81 IDR 42.41 IDR 53.01 IDR 58
P/B Multiple 161.15 IDR 214.86 IDR 268.58 IDR 55
Asset-Based
NCAV (Graham) 35.81 IDR 47.99 IDR 71.62 IDR 50
Economic Profit
Residual Income 118.06 IDR 159.13 IDR 890.15 IDR 61
Growth Earnings
Growth-Adj P/E 401.51 IDR 573.58 IDR 745.65 IDR 68

Widest divergence: Growth Earnings (573.58 IDR) versus Asset-Based (47.99 IDR). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

Revenue (TTM) 26.1B IDR
Revenue growth (YoY) -60.4%
Net margin 90.1%
Return on equity 26.6%
Free cash flow −9.3B IDR FY2025
P/E ratio 3.3
More key figures
Operating margin -74.4%
EPS (TTM) 28.10 IDR
EPS growth (YoY) +224%
Net debt 27.8B IDR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 39 · Market factors (momentum, volatility) 21

Profitability 57
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 6
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 Green Power Group Tbk engages in steel trading and industry in Indonesia. It trades in various steel products, including rule die steel and cutting, mould base, custom mold, and creasing rule products, production tools, copper, heat lock, alumec, rubber and creasing matrix, gimp steel, jig saw, workshop, goods in process, as well as spare parts.

Full company description

PT Green Power Group Tbk engages in steel trading and industry in Indonesia. It trades in various steel products, including rule die steel and cutting, mould base, custom mold, and creasing rule products, production tools, copper, heat lock, alumec, rubber and creasing matrix, gimp steel, jig saw, workshop, goods in process, as well as spare parts. The company was formerly known as PT Ladang Baja Murni Tbk and changed its name to PT Green Power Group Tbk in July 2024. The company was founded in 1989 and is headquartered in Bekasi, Indonesia. PT Green Power Group Tbk is a subsidiary of PT Nev Stored Energy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Green Power Group reported revenue of 31.2B IDR in FY2025 versus 9.5B IDR in FY2021, a compound +34.8%/yr. Reported net income was 19.3B IDR in FY2025, compounding −0.1%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
31.2B IDR
Latest YoY
+44.3%
Avg. growth/yr (3Y) 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.
+25.9%
Avg. growth/yr (5Y) 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.
+17.6%
Avg. growth/yr (8Y) 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.
+4.0%
Revenue +34.8%/yr
FY21 9.5B IDR
FY22 15.6B IDR
FY23 11.1B IDR
FY24 21.6B IDR
FY25 31.2B IDR
Net income −0.1%/yr
FY21 19.3B IDR
FY22 −4.5B IDR
FY23 −3.9B IDR
FY24 −8.7B IDR
FY25 19.3B IDR

LABA screens 22% overvalued. Compare with Tata Steel Limited →

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Cite: Fair Value Calculator (2026). "PT Green Power Group Fair Value". https://www.fairvalue-calculator.com/stock/LABA

Peer Group

Steel · 378 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 39 · Bottom 25%
Fair Value upside −22% · Below median
Return on equity (TTM) 27% · Top 25%
Return on assets -7% · Bottom 25%
Net margin (TTM) 90% · Top 25%
Operating margin (TTM) -74% · Bottom 25%
Revenue growth -60% · Bottom 25%
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 3.3× · Cheaper than 75% of peers
P/B 1.28× · Pricier than median
P/S (TTM) 3.90× · Pricier 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 4 · sector 19
FUTURE 0 · sector 4
PAST 100 · sector 15
HEALTH 93 · sector 95
DIVIDEND 0 · sector 41

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
SSAB AB SSABA kr 96.04 kr 72.43 -25%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%

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Frequently asked questions

Is PT Green Power Group (LABA) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 75.20 IDR versus a price of 96.00 IDR, about −22% (overvalued).
What is the fair value of LABA?
Our model-based fair value for PT Green Power Group is 75.20 IDR (as of Jul 15, 2026), built from audited fundamentals. The current price is 96.00 IDR.
What is the quality score of LABA?
PT Green Power Group has a Quality Score of 39/100. 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 Green Power Group (LABA)?
PT Green Power Group reported trailing-twelve-month revenue of about 48.1B IDR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of LABA?
The net profit margin of PT Green Power Group is about 7.7%, meaning it keeps roughly 7.7% 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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