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PT Prima Andalan Mandiri Tbk, through its subsidiaries, (MCOL) Fair Value & Analysis

Energy · ID · Market cap 13.7T IDR

PP PT Prima Andalan Mandiri Tbk, through its subsidiaries, MCOL · JK
Price3,750 IDR
Fair Value5,461 IDR
Upside+45.6%
Quality70/100
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Mixed Growth
Solidly profitable · 11.2% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Moderate moat 52/100
Evidence: Medium Range 3,990 IDR – 6,721 IDR Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 23 days ago

Fair value updated Jul 17, 2026, revised from 4,667 IDR to 5,461 IDR (+17.0%) since Jun 24, 2026. Share price +3.0% over the past month.

A solid business, screening 46% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (3,990 IDR). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

5,029 IDR 916.98 IDR Fair Value 5,461 IDR Sep 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

59‑month range 916.98 IDR – 5,029 IDR · fair‑value band 3,990 IDR – 6,721 IDR · the 3,750 IDR price screens below the 5,461 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

PT Prima Andalan Mandiri Tbk, through its subsidiaries, (MCOL) currently trades at 3,750 IDR, while our model-based Fair Value estimate is 5,461 IDR, implying the stock looks roughly 45.6% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Energy 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: medium), always confirm before acting.

Over the trailing twelve months, PT Prima Andalan Mandiri Tbk, through its subsidiaries, generated revenue of 688M IDR at a net margin of 11.2%. Revenue grew 14.6% year over year. It earns a return on equity of 13.7%. The balance sheet holds a net cash position of 66.2M IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 3,990 IDR (bear case) to 6,721 IDR (bull case); at 3,750 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 15% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -12% fair-value upside, at 46%, MCOL 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 BearBaseBull Evidence
Highest evidence
Growth DCF 7,936 IDR 10,822 IDR 15,511 IDR 80
Residual Income 2,705 IDR 3,066 IDR 5,050 IDR 76
Rev-Margin DCF 4,870 IDR 6,313 IDR 8,116 IDR 74
All 24 models by family
DCF Models
FCF DCF 7,755 IDR 10,461 IDR 15,691 IDR 38
Owner Earnings 6,854 IDR 9,379 IDR 14,068 IDR 31
5Y Revenue Exit 4,870 IDR 6,132 IDR 8,116 IDR 39
5Y EBITDA Exit 5,050 IDR 6,493 IDR 8,477 IDR 41
5Y P/E Exit 5,050 IDR 6,673 IDR 8,477 IDR 38
10Y Revenue Exit 5,772 IDR 7,034 IDR 8,657 IDR 36
10Y EBITDA Exit 5,952 IDR 7,395 IDR 8,838 IDR 37
10Y P/E Exit 5,952 IDR 7,395 IDR 8,838 IDR 35
Earnings-Based
Graham-Dodd 2,345 IDR 3,968 IDR 5,050 IDR 54
EPV 3,968 IDR 4,509 IDR 5,050 IDR 59
Dividend Discount
Gordon GGM 3,066 IDR 3,968 IDR 4,870 IDR 70
DDM Multi-Stage 3,066 IDR 4,148 IDR 5,591 IDR 61
Multiples
P/E Multiple 3,427 IDR 4,689 IDR 5,772 IDR 63
P/S Multiple 3,066 IDR 3,968 IDR 5,050 IDR 58
P/B Multiple 3,788 IDR 5,050 IDR 6,313 IDR 55
EV/EBIT 3,788 IDR 4,870 IDR 5,952 IDR 53
EV/EBITDA 3,968 IDR 5,230 IDR 6,313 IDR 54
EV/Revenue 3,427 IDR 4,689 IDR 5,772 IDR 43
Asset-Based
NCAV (Graham) 1,443 IDR 1,984 IDR 2,886 IDR 50
Growth DCF
Growth DCF 7,936 IDR 10,822 IDR 15,511 IDR 80
Rev-Margin DCF 4,870 IDR 6,313 IDR 8,116 IDR 74
Economic Profit
Residual Income 2,705 IDR 3,066 IDR 5,050 IDR 76
ROIC Compounder 3,968 IDR 4,689 IDR 5,411 IDR 72
Growth Earnings
Growth-Adj P/E 2,525 IDR 3,607 IDR 4,689 IDR 68

Widest divergence: DCF Models (7,034 IDR) versus Asset-Based (1,984 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 688M IDR
Revenue growth (YoY) +14.6%
Net margin 11.2%
Return on equity 13.7%
Free cash flow 131M IDR FY2025
P/E ratio 9.9
More key figures
Operating margin 14.0%
EPS (TTM) 389.72 IDR
EPS growth (YoY) +137%
Net cash 66.2M IDR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 70 · Market factors (momentum, volatility) 60

Profitability 51
Margins and returns on capital today
Quality Growth 13
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
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 Prima Andalan Mandiri Tbk, through its subsidiaries, operates as a coal mining company in Indonesia. It operates in three segments: Coal Mining; Mining Contractor; and Shipping.

Full company description

PT Prima Andalan Mandiri Tbk, through its subsidiaries, operates as a coal mining company in Indonesia. It operates in three segments: Coal Mining; Mining Contractor; and Shipping. The company develops and operates a coal mining project, which covers an area of approximately 9,240 hectares located in Sungai Krassi, Kecamatan Sesayap, and Sembakung of North Kalimantan. It also provides mining contractor, sea shipping, loading, unloading, and warehousing services. The company was founded in 1989 and is based in Jakarta, Indonesia. PT Prima Andalan Mandiri Tbk operates as a subsidiary of PT Edika Agung Mandiri.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Prima Andalan Mandiri Tbk, through its subsidiaries, reported revenue of 659M IDR in FY2025 versus 693M IDR in FY2021, a compound −1.3%/yr. Reported net income was 65.9M IDR in FY2025, compounding −29.8%/yr from FY2021.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
659M IDR
Latest YoY
−14.1%
Avg. growth/yr (3Y)
−14.8%
Avg. growth/yr (5Y)
+17.1%
Avg. growth/yr (7Y)
+17.0%
Revenue −1.3%/yr
FY21 693M IDR
FY22 1.1B IDR
FY23 917M IDR
FY24 767M IDR
FY25 659M IDR
Net income −29.8%/yr
FY21 271M IDR
FY22 352M IDR
FY23 228M IDR
FY24 113M IDR
FY25 65.9M IDR

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Cite: Fair Value Calculator (2026). "PT Prima Andalan Mandiri Tbk, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/MCOL

Peer Group

Thermal Coal · 101 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 70 · Top 25%
Fair Value upside +46% · Top 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 14% · Above median
Revenue growth 15% · Top 25%
Dividend yield (TTM) 0.0% · Below median

Valuation Multiples vs Thermal Coal median · lower = cheaper

P/E (TTM) 9.9× · Cheaper than median
P/B 2.44× · Pricier than 75% of peers
P/S (TTM) 1.99× · Pricier than 75% of peers
P/FCF 10.4× · Pricier than 75% of peers
EV/EBITDA 8.7× · Pricier than median

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 94 · sector 27
FUTURE 73 · sector 0
PAST 55 · sector 21
HEALTH 100 · sector 92
DIVIDEND 0 · sector 31

Values & ESG

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

Coal 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 Thermal Coal stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

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Frequently asked questions

Is PT Prima Andalan Mandiri Tbk, through its subsidiaries, (MCOL) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 5,461 IDR versus a price of 3,750 IDR, about +46% (undervalued).
What is the fair value of MCOL?
Our model-based fair value for PT Prima Andalan Mandiri Tbk, through its subsidiaries, is 5,461 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 3,750 IDR.
What is the quality score of MCOL?
PT Prima Andalan Mandiri Tbk, through its subsidiaries, has a Quality Score of 70/100. 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 Prima Andalan Mandiri Tbk, through its subsidiaries, (MCOL)?
PT Prima Andalan Mandiri Tbk, through its subsidiaries, reported trailing-twelve-month revenue of about 688M IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of MCOL?
The net profit margin of PT Prima Andalan Mandiri Tbk, through its subsidiaries, is about 11.2%, meaning it keeps roughly 11.2% 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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