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PT Medco Energi Internasional Tbk, (MEDC) Fair Value & Analysis

Energy · ID · Market cap 30.4T IDR

PM PT Medco Energi Internasional Tbk, MEDC · JK
Price1,305 IDR
Fair Value1,252 IDR
Upside-4.0%
Quality47/100
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Expensive Growth
Thin margins · 6.2% net margin
High debt · generates free cash flow
Ranks above peers (11/15)
Moderate moat 45/100
Evidence: High Range 894.50 IDR – 1,610 IDR Share as image

Fair value as of: Jul 19, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from 1,795 IDR to 1,252 IDR (−30.2%) since Jun 24, 2026. Share price +11.5% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 894.50 IDR (bear) to 1,610 IDR (bull), base 1,252 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 47/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1,942 IDR 355.50 IDR Fair Value 1,252 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 355.50 IDR – 1,942 IDR · fair‑value band 894.50 IDR – 1,610 IDR · the 1,305 IDR price screens above the 1,252 IDR fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

PT Medco Energi Internasional Tbk, (MEDC) currently trades at 1,305 IDR, while our model-based Fair Value estimate is 1,252 IDR, implying the stock looks roughly 4.0% fairly valued today. The Quality Score stands at 47/100 (below-average 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: high).

Over the trailing twelve months, PT Medco Energi Internasional Tbk, generated revenue of 2.4B IDR at a net margin of 6.2%. Revenue grew 19.2% year over year. It earns a return on equity of 7.0%. Net debt stands at 3.3B IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 894.50 IDR (bear case) to 1,610 IDR (bull case); at 1,305 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 35% 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 -26% fair-value upside, at -4%, MEDC 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 1,610 IDR 3,399 IDR 6,262 IDR 80
Residual Income 1,252 IDR 1,252 IDR 1,252 IDR 76
Rev-Margin DCF 178.90 IDR 1,073 IDR 2,326 IDR 74
All 26 models by family
DCF Models
FCF DCF 1,431 IDR 3,578 IDR 7,156 IDR 38
Owner Earnings 1,073 IDR 31
5Y Revenue Exit 178.90 IDR 1,073 IDR 2,326 IDR 39
5Y EBITDA Exit 1,610 IDR 3,936 IDR 6,619 IDR 41
5Y P/E Exit 178.90 IDR 715.60 IDR 38
10Y Revenue Exit 536.70 IDR 1,610 IDR 2,862 IDR 36
10Y EBITDA Exit 1,431 IDR 3,578 IDR 6,262 IDR 37
10Y P/E Exit 178.90 IDR 894.50 IDR 1,610 IDR 35
Earnings-Based
Graham-Dodd 536.70 IDR 1,610 IDR 2,147 IDR 54
Lynch FV 357.80 IDR 536.70 IDR 715.60 IDR 50
PEG = 1.0 357.80 IDR 536.70 IDR 715.60 IDR 46
EPV 894.50 IDR 1,431 IDR 1,968 IDR 59
Dividend Discount
Gordon GGM 536.70 IDR 1,252 IDR 1,968 IDR 70
DDM Multi-Stage 536.70 IDR 894.50 IDR 1,252 IDR 61
Multiples
P/E Multiple 715.60 IDR 1,073 IDR 1,252 IDR 63
P/S Multiple 894.50 IDR 1,252 IDR 1,610 IDR 58
P/B Multiple 894.50 IDR 1,252 IDR 1,610 IDR 55
EV/EBIT 1,789 IDR 3,041 IDR 4,294 IDR 53
EV/EBITDA 2,147 IDR 3,399 IDR 4,830 IDR 54
EV/Revenue 178.90 IDR 715.60 IDR 43
Asset-Based
NCAV (Graham) 715.60 IDR 1,073 IDR 1,610 IDR 50
Growth DCF
Growth DCF 1,610 IDR 3,399 IDR 6,262 IDR 80
Rev-Margin DCF 178.90 IDR 1,073 IDR 2,326 IDR 74
Economic Profit
Residual Income 1,252 IDR 1,252 IDR 1,252 IDR 76
ROIC Compounder 894.50 IDR 1,431 IDR 2,326 IDR 72
Growth Earnings
Growth-Adj P/E 715.60 IDR 894.50 IDR 1,252 IDR 68

Widest divergence: DCF Models (1,610 IDR) versus Earnings-Based (536.70 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.4B IDR
Revenue growth (YoY) +19.2%
Net margin 6.2%
Return on equity 7.0%
Free cash flow 391M IDR FY2025
P/E ratio 11.2
More key figures
Operating margin 25.0%
EPS (TTM) 109.84 IDR
EPS growth (YoY) +288%
Net debt 3.3B IDR FY2025

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 47 · Market factors (momentum, volatility) 41

Profitability 23
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 92
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 Medco Energi Internasional Tbk, together with its subsidiaries, explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, and the United Kingdom. It operates through Exploration and Production of Oil and Gas; Services; Power; Chemicals; and Trading segments.

Full company description

PT Medco Energi Internasional Tbk, together with its subsidiaries, explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, and the United Kingdom. It operates through Exploration and Production of Oil and Gas; Services; Power; Chemicals; and Trading segments. The company operates an independent power producer in the gas, geothermal, and other renewables sectors, as well as manages a portfolio of onshore and offshore assets in the Middle East, Africa, and the Asia Pacific. It is also involved in copper and gold mining operations in Sumbawa and Nusa Tenggara; and providing operation and maintenance services, and support services for oil and gas activities. The company was formerly known as PT Medco Energi Corporation and changed its name to PT Medco Energi Internasional Tbk in 2000. The company was founded in 1980 and is headquartered in Jakarta, Indonesia. PT Medco Energi Internasional Tbk operates as a subsidiary of Pt Medco Daya Abadi Lestari.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Medco Energi Internasional Tbk, reported revenue of 2.4B IDR in FY2025 versus 1.3B IDR in FY2021, a compound +16.0%/yr. Reported net income was 101M IDR in FY2025, compounding +21.0%/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)
2.4B IDR
Latest YoY
−0.2%
Avg. growth/yr (3Y)
+1.2%
Avg. growth/yr (5Y)
+17.0%
Avg. growth/yr (25Y)
−24.9%
Revenue +16.0%/yr
FY21 1.3B IDR
FY22 2.3B IDR
FY23 2.2B IDR
FY24 2.4B IDR
FY25 2.4B IDR
Net income +21.0%/yr
FY21 47.0M IDR
FY22 531M IDR
FY23 331M IDR
FY24 367M IDR
FY25 101M IDR

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Cite: Fair Value Calculator (2026). "PT Medco Energi Internasional Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/MEDC

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 47 · Above median
Fair Value upside −4% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 25% · Above median
Revenue growth 19% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.53× · Higher than 75% of peers

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

P/E (TTM) 11.2× · Cheaper than median
P/B 1.41× · Pricier than median
P/S (TTM) 1.24× · Cheaper than median
P/FCF 7.8× · Cheaper than median
EV/EBITDA 5.3× · Pricier than median
PEG 0.81× · Cheaper 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 28 · sector 14
FUTURE 96 · sector 0
PAST 28 · sector 0
HEALTH 23 · sector 87
DIVIDEND 0 · sector 66

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 Medco Energi Internasional Tbk, (MEDC) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 1,252 IDR versus a price of 1,305 IDR, about −4% (fairly valued).
What is the fair value of MEDC?
Our model-based fair value for PT Medco Energi Internasional Tbk, is 1,252 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 1,305 IDR.
What is the quality score of MEDC?
PT Medco Energi Internasional Tbk, has a Quality Score of 47/100. 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 Medco Energi Internasional Tbk, (MEDC)?
PT Medco Energi Internasional Tbk, reported trailing-twelve-month revenue of about 2.4B IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MEDC?
The net profit margin of PT Medco Energi Internasional Tbk, is about 6.2%, meaning it keeps roughly 6.2% 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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