Sinar Terang Mandiri PT Tbk (MINE) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Sinar Terang Mandiri PT Tbk IDR 715, price IDR 290, upside +146.5%, quality 31 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Sinar Terang Mandiri PT Tbk for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
18‑month range 200.00 IDR – 603.60 IDR · fair‑value band 323.23 IDR – 893.43 IDR · the 290.00 IDR price screens below the 714.71 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Sinar Terang Mandiri PT Tbk in your weekly email
Every Wednesday you see whether Sinar Terang Mandiri PT Tbk is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
PT SINAR TERANG MANDIRI Tbk engages in the mining activities in Indonesia. It operates through Mining Service and Construction Service segments. The company offers mine planning, mining infrastructure construction, and integrated logistics, including hauling, barging, and transshipment services.
Show more
PT SINAR TERANG MANDIRI Tbk engages in the mining activities in Indonesia. It operates through Mining Service and Construction Service segments. The company offers mine planning, mining infrastructure construction, and integrated logistics, including hauling, barging, and transshipment services. It also provides stone crushing and paving production services. The company was founded in 2004 and is based in Jakarta Selatan, Indonesia. PT SINAR TERANG MANDIRI Tbk operates as a subsidiary of PT Mitra Berkarya Sukses Selalu.
Stock analysis
Sinar Terang Mandiri PT Tbk (MINE) currently trades at 290.00 IDR, while our model-based Fair Value estimate is 714.71 IDR, implying the stock looks roughly 59.4% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 1,267 IDR per share, and 21 of the 25 models we run sit above the 290.00 IDR price.
Bear case: the Asset-Based group reads lowest at 153.36 IDR, and 4 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: 323.23 IDR (bear) to 893.43 IDR (bull), the price of 290.00 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 31/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Sinar Terang Mandiri PT Tbk reported revenue of 2.4T IDR in FY2025 versus 918B IDR in FY2021, a compound +26.7%/yr. Reported net income was 202B IDR in FY2025, compounding +32.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 1.6T IDR (≈ $89.9M) · P/E ratio 6.8 · P/S ratio 0.58 · EPS (TTM) 42.65 IDR · Dividend yield 5.1% · Net margin 8.6% · Return on equity 20.3% · Return on assets (EBIT) 24.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 48% below its 52-week high and 45% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 146%, MINE screens cheaper than that median.
Fair Value models
Bear 323.23 IDRFair Value 714.71 IDRBull 893.43 IDR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (20.49 IDR per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+11.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+18.1%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+30.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.9%
Dividend (yield on the price)5.1%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → 13%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+76.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about +71.7% a year for the price.
Compare Sinar Terang Mandiri PT Tbk with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 457 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score31 · Below median
Fair Value upside+147% · Top 25%
Profitability
Return on equity (TTM)20% · Top 25%
Return on assets9% · Top 25%
Net margin (TTM)8% · Above median
Operating margin (TTM)9% · Above median
Growth and dividend
Revenue growth−6% · Below median
Dividend yield (TTM)5.1% · Top 25%
Balance sheet
Debt / equity0.17× · Above median
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
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.
Is Sinar Terang Mandiri PT Tbk (MINE) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 714.71 IDR versus a price of 290.00 IDR, about +146% upside (undervalued).
What is the fair value of MINE?
Our model-based fair value for Sinar Terang Mandiri PT Tbk is 714.71 IDR (as of Sep 24, 2026), built from audited fundamentals. The current price: 290.00 IDR.
What is the quality score of MINE?
Sinar Terang Mandiri PT Tbk has a Quality Score of 31/100. 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 price target for Sinar Terang Mandiri PT Tbk (MINE)?
Our model-based price target is the fair value of 714.71 IDR (as of Sep 24, 2026) from 25 valuation models. Cautious scenario 323.23 IDR, optimistic scenario 893.43 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Sinar Terang Mandiri PT Tbk stock forecast for 2026?
Our models put fair value at 714.71 IDR, about +146% upside versus a price of 290.00 IDR (undervalued). Cautious scenario 323.23 IDR, optimistic scenario 893.43 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Sinar Terang Mandiri PT Tbk (MINE)?
Sinar Terang Mandiri PT Tbk reported trailing-twelve-month revenue of about 2.4T IDR (latest available figure, as of Sep 24, 2026).
Does Sinar Terang Mandiri PT Tbk pay a dividend?
Sinar Terang Mandiri PT Tbk currently shows a dividend yield of about 5.09% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Sinar Terang Mandiri PT Tbk (MINE)?
For today's price to be fair in a discounted-cash-flow model, Sinar Terang Mandiri PT Tbk would have to grow free cash flow by +76.2 % per year for five years (discount rate 15.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +26.7 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of MINE use?
Our models discount Sinar Terang Mandiri PT Tbk at 15.0 %: a base by market capitalisation (micro), country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Sinar Terang Mandiri PT Tbk that is +76.2 % per year a year over ten years, using the same discount rate (15.0 %) and the same formula as our fair value.
How much growth has Sinar Terang Mandiri PT Tbk (MINE) delivered so far?
Over the past 4 years revenue at Sinar Terang Mandiri PT Tbk grew +26.7 % a year. The price currently implies +76.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Sinar Terang Mandiri PT Tbk (MINE) growing?
The median revenue growth in the sector is +0.0 % a year. That is the yardstick for the growth priced into Sinar Terang Mandiri PT Tbk (+76.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sinar Terang Mandiri PT Tbk (MINE)?
The free-cash-flow yield on the price is 0.51 %: that much free cash flow Sinar Terang Mandiri PT Tbk produces per unit of market value. When it exceeds the discount rate of our models (15.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sinar Terang Mandiri PT Tbk (MINE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sinar Terang Mandiri PT Tbk it is 714.71 IDR per share (as of Sep 24, 2026), against a price of 290.00 IDR. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Sinar Terang Mandiri PT Tbk stock overvalued or undervalued in 2026?
As of Sep 24, 2026, MINE trades below its calculated fair value: price 290.00 IDR, fair value 714.71 IDR, a gap of about +146% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MINE?
No. The price is what the market pays today (290.00 IDR); the fair value is what the company's own numbers justify (714.71 IDR). For Sinar Terang Mandiri PT Tbk the two are 424.71 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Sinar Terang Mandiri PT Tbk worth?
The market values Sinar Terang Mandiri PT Tbk at about 1.6T IDR (market capitalisation, as of Sep 24, 2026). Per share that is 290.00 IDR; our models calculate a fair value of 714.71 IDR per share.
What do the bullish and bearish scenarios say about MINE?
Our models span a range for Sinar Terang Mandiri PT Tbk: cautious scenario 323.23 IDR, base 714.71 IDR, optimistic 893.43 IDR per share (as of Sep 24, 2026, price 290.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MINE?
Sinar Terang Mandiri PT Tbk trades at a price-to-earnings ratio of 6.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 714.71 IDR is built from several models across several years. Other multiples: P/B 1.7, P/S 0.7, EV/EBITDA 2.6.
How solid is the balance sheet of Sinar Terang Mandiri PT Tbk (MINE)?
Balance-sheet figures for Sinar Terang Mandiri PT Tbk (as of Sep 24, 2026): return on equity 20.3%, debt of 0.17 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is MINE from its 52-week high?
Sinar Terang Mandiri PT Tbk trades at 290.00 IDR, about 48% below its 52-week high of 555.70 IDR and 45% above the low of 200.00 IDR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 714.71 IDR is for.
Which stocks are comparable to Sinar Terang Mandiri PT Tbk?
From the same area (Basic Materials) we also value Vale S.A, Saudi Arabian Mining Company, CMOC Group, China Tungsten And Hightech Materials Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sinar Terang Mandiri PT Tbk stock attractive at the current price?
The data as of Sep 24, 2026: price 290.00 IDR, calculated fair value 714.71 IDR (+146%), Quality Score 31/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MINE calculated?
We run Sinar Terang Mandiri PT Tbk through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 714.71 IDR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Sinar Terang Mandiri PT Tbk currently trades 146 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sinar Terang Mandiri PT Tbk (MINE)?
The closing price on Sep 24, 2026 was 290.00 IDR. Our model-based fair value is 714.71 IDR, about +146% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sinar Terang Mandiri PT Tbk right now?
The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (323.23 IDR). The market is more pessimistic than our downside scenario. The model range is unusually wide (323.23 IDR to 893.43 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Sinar Terang Mandiri PT Tbk
How large is the market capitalisation of Sinar Terang Mandiri PT Tbk (MINE)?
The market capitalisation of Sinar Terang Mandiri PT Tbk is 1.6T IDR (≈ $89.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Sinar Terang Mandiri PT Tbk (MINE)?
The price-to-sales ratio of Sinar Terang Mandiri PT Tbk is 0.58 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sinar Terang Mandiri PT Tbk (MINE)?
Earnings per share at Sinar Terang Mandiri PT Tbk are 42.65 IDR (price ÷ EPS = P/E 6.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sinar Terang Mandiri PT Tbk (MINE)?
The dividend yield of Sinar Terang Mandiri PT Tbk is 5.1% (payout 34.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Sinar Terang Mandiri PT Tbk (MINE)?
The net margin of Sinar Terang Mandiri PT Tbk is 8.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Sinar Terang Mandiri PT Tbk (MINE)?
The return on equity (ROE) of Sinar Terang Mandiri PT Tbk is 20.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Sinar Terang Mandiri PT Tbk (MINE)?
On an EBIT basis the return on assets of Sinar Terang Mandiri PT Tbk is 24.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sinar Terang Mandiri PT Tbk (MINE)?
The operating margin of Sinar Terang Mandiri PT Tbk is 8.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sinar Terang Mandiri PT Tbk (MINE)?
Revenue at Sinar Terang Mandiri PT Tbk is growing −5.7% versus a year earlier (3y avg +18.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sinar Terang Mandiri PT Tbk (MINE)?
Earnings per share at Sinar Terang Mandiri PT Tbk are growing −29.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sinar Terang Mandiri PT Tbk (MINE) carry?
The net debt of Sinar Terang Mandiri PT Tbk is 643B IDR (fiscal year 2025, ≈ 78.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Sinar Terang Mandiri PT Tbk in the live analysis
One click puts Sinar Terang Mandiri PT Tbk on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
