EN DE

PT Logindo Samudramakmur Tbk., (LEAD) Fair Value & Analysis

Industrials · ID · Market cap 592B IDR

PL PT Logindo Samudramakmur Tbk., LEAD · JK
Price108.00 IDR
Fair Value278.20 IDR
Upside+157.6%
Quality55/100
Watch PT Logindo Samudramakmur Tbk., for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Highly profitable · 29.7% net margin
Low debt · generates free cash flow
Ranks above peers (7/10)
Moderate moat 57/100
Evidence: High Range 207.95 IDR – 1,065 IDR Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 344.46 IDR to 278.20 IDR (−19.2%) since Jul 20, 2026. Share price +6.9% over the past month.

A solid business, screening 158% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (207.95 IDR). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (207.95 IDR to 1,065 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

228.00 IDR 50.00 IDR Fair Value 278.20 IDR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 50.00 IDR – 228.00 IDR · fair‑value band 207.95 IDR – 1,065 IDR · the 108.00 IDR price screens below the 278.20 IDR fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PT Logindo Samudramakmur Tbk., (LEAD) currently trades at 108.00 IDR, while our model-based Fair Value estimate is 278.20 IDR, implying the stock looks roughly 157.6% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Logindo Samudramakmur Tbk., generated revenue of 38.6M IDR at a net margin of 29.7%. Revenue declined 23.1% year over year. It earns a return on equity of 22.6%. Net debt stands at 615B IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 207.95 IDR (bear case) to 1,065 IDR (bull case); at 108.00 IDR, the current price sits below 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 57% below its 52-week high and 57% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 43% fair-value upside, at 158%, LEAD 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 DCF 542.56 IDR 1,099 IDR 2,034 IDR 80
Residual Income 257.11 IDR 344.46 IDR 1,874 IDR 76
Rev-Margin DCF 272.10 IDR 408.79 IDR 699.23 IDR 74
All 24 models by family
DCF Models
FCF DCF 573.88 IDR 907.44 IDR 1,998 IDR 38
Owner Earnings 1,093 IDR 2,522 IDR 5,655 IDR 31
5Y Revenue Exit 252.20 IDR 360.11 IDR 581.38 IDR 39
5Y EBITDA Exit 364.58 IDR 587.44 IDR 1,023 IDR 41
5Y P/E Exit 465.83 IDR 980.45 IDR 1,678 IDR 38
10Y Revenue Exit 341.59 IDR 587.44 IDR 703.20 IDR 36
10Y EBITDA Exit 430.10 IDR 835.15 IDR 1,513 IDR 37
10Y P/E Exit 505.67 IDR 1,058 IDR 1,958 IDR 35
Earnings-Based
Graham-Dodd 246.63 IDR 1,720 IDR 2,414 IDR 54
Lynch FV 888.60 IDR 1,269 IDR 1,650 IDR 50
PEG = 1.0 888.60 IDR 1,269 IDR 1,650 IDR 46
EPV 222.14 IDR 256.18 IDR 286.45 IDR 59
Multiples
P/E Multiple 380.83 IDR 507.77 IDR 634.72 IDR 63
P/S Multiple 104.31 IDR 139.08 IDR 173.84 IDR 58
P/B Multiple 223.00 IDR 297.34 IDR 371.67 IDR 55
EV/EBIT 189.98 IDR 243.57 IDR 297.16 IDR 53
EV/EBITDA 278.98 IDR 362.24 IDR 445.50 IDR 54
EV/Revenue 126.56 IDR 168.28 IDR 210.00 IDR 43
Asset-Based
NCAV (Graham) 82.59 IDR 110.68 IDR 165.19 IDR 50
Growth DCF
Growth DCF 542.56 IDR 1,099 IDR 2,034 IDR 80
Rev-Margin DCF 272.10 IDR 408.79 IDR 699.23 IDR 74
Economic Profit
Residual Income 257.11 IDR 344.46 IDR 1,874 IDR 76
ROIC Compounder 289.03 IDR 410.87 IDR 520.30 IDR 72
Growth Earnings
Growth-Adj P/E 1,041 IDR 1,488 IDR 1,934 IDR 68

Widest divergence: Growth Earnings (1,488 IDR) versus Asset-Based (110.68 IDR). Highest evidence: Growth DCF (80).

Notify me when LEAD reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 38.6M IDR
Revenue growth (YoY) -23.1%
Net margin 29.7%
Return on equity 22.6%
Free cash flow 177B IDR FY2025
Operating margin 0.4%
More key figures
EPS (TTM) -0.0010 IDR
EPS growth (YoY) +377%
Net debt 615B IDR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 55 · Market factors (momentum, volatility) 48

Profitability 58
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 55
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 Logindo Samudramakmur Tbk., together with its subsidiaries, provides offshore marine support services for the upstream oil and gas industry in Indonesia. The company offers rig moves and anchor handling, platform supply and crew transport, accommodation and work barges, and support and utility services, as well as ship repair services.

Full company description

PT Logindo Samudramakmur Tbk., together with its subsidiaries, provides offshore marine support services for the upstream oil and gas industry in Indonesia. The company offers rig moves and anchor handling, platform supply and crew transport, accommodation and work barges, and support and utility services, as well as ship repair services. Its fleet consists of platform supply vessels, anchor handling tug and supply vessels, utility boats, tugboats, accommodation work barges, landing craft transport vessels, water jet and propeller crew boats, and hopper barges. PT Logindo Samudramakmur Tbk. was founded in 1995 and is headquartered in Jakarta Pusat, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Logindo Samudramakmur Tbk., reported revenue of 672B IDR in FY2025 versus 410B IDR in FY2021, a compound +13.1%/yr. Reported net income was 210B IDR in FY2025.

Growth Quality 92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
672B IDR
Latest YoY
−9.1%
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.
+15.3%
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.
+13.2%
Avg. growth/yr (15Y) 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.
+101.7%
Revenue +13.1%/yr
FY21 410B IDR
FY22 438B IDR
FY23 505B IDR
FY24 740B IDR
FY25 672B IDR
Net income
FY21 −38.0B IDR
FY22 −88.9B IDR
FY23 −83.2B IDR
FY24 56.1B IDR
FY25 210B IDR

Watch LEAD: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "PT Logindo Samudramakmur Tbk., Fair Value". https://www.fairvalue-calculator.com/stock/LEAD

Peer Group

Marine Shipping · 233 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 55 · Above median
Fair Value upside +158% · Top 25%
Return on equity (TTM) 23% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth -23% · Bottom 25%

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/S (TTM) 1.53× · Pricier than median
P/FCF 0.0× · 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 100 · sector 23
FUTURE 0 · sector 18
PAST 91 · sector 26
HEALTH 100 · sector 88
DIVIDEND 0 · sector 45

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,658 ₹1,041 -37%
A.P. Møller - Mærsk A/S MAERSKA kr 16,810 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥15.25 ¥49.90 +227%
HMM Co 011200 21,350 KRW 33,795 KRW +58%
JSW Infrastructure Limited JSWINFRA ₹346.60 ₹126.31 -64%
Wan Hai Lines Ltd 2615 87.10 TWD 212.79 TWD +144%
PT Transcoal Pacific Tbk, a shipping company, TCPI 3,640 IDR 368.32 IDR -90%
The Great Eastern Shipping Company GESHIP ₹1,299 ₹1,854 +43%
Pan Ocean Co 028670 5,630 KRW 11,840 KRW +110%
Sociedad Matriz SAAM S.A SMSAAM 136.33 CLP 146.31 CLP +7%

Compare PT Logindo Samudramakmur Tbk., with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PT Logindo Samudramakmur Tbk., (LEAD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 278.20 IDR versus a price of 108.00 IDR, about +158% (undervalued).
What is the fair value of LEAD?
Our model-based fair value for PT Logindo Samudramakmur Tbk., is 278.20 IDR (as of Aug 13, 2026), built from audited fundamentals. The current price is 108.00 IDR.
What is the quality score of LEAD?
PT Logindo Samudramakmur Tbk., has a Quality Score of 55/100. 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 Logindo Samudramakmur Tbk., (LEAD)?
PT Logindo Samudramakmur Tbk., reported trailing-twelve-month revenue of about 38.6M IDR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of LEAD?
The net profit margin of PT Logindo Samudramakmur Tbk., is about 29.7%, meaning it keeps roughly 29.7% 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.

14 days Pro free · no card

Track PT Logindo Samudramakmur Tbk., and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.