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PT Mitra International Resources Tbk, (MIRA) Fair Value & Analysis

Energy · ID · Market cap 87.2B IDR

PM PT Mitra International Resources Tbk, MIRA · JK
Price31.00 IDR
Fair Value7.45 IDR
Upside-76.0%
Quality52/100
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Weak Growth
Loss-making · -12.4% net margin
Low debt · generates free cash flow
Trails peers (3/10)
Narrow moat 16/100
Evidence: Medium Range 3.08 IDR – 11.82 IDR Share as image

Fair value as of: Jul 19, 2026

From 10 valuation models · updated 22 days ago

Share price +72.2% over the past month.

A solid business, but screening 76% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (11.82 IDR). The favourable scenario is already priced in.
  • The model range is unusually wide (3.08 IDR to 11.82 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

81.00 IDR 4.00 IDR Fair Value 7.45 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 4.00 IDR – 81.00 IDR · fair‑value band 3.08 IDR – 11.82 IDR · the 31.00 IDR price screens above the 7.45 IDR fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

PT Mitra International Resources Tbk, (MIRA) currently trades at 31.00 IDR, while our model-based Fair Value estimate is 7.45 IDR, implying the stock looks roughly 76.0% overvalued today. The Quality Score stands at 52/100 (solid 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: medium).

Over the trailing twelve months, PT Mitra International Resources Tbk, generated revenue of 60.6B IDR at a net margin of -12.4%. Revenue declined 16.6% year over year. It earns a return on equity of -5.7%. Net debt stands at 39.8B IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 3.08 IDR (bear case) to 11.82 IDR (bull case); at 31.00 IDR, the current price sits above 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 62% below its 52-week high and 288% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -36% fair-value upside, at -76%, MIRA screens richer 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 20.65 IDR 29.17 IDR 44.40 IDR 80
Rev-Margin DCF 16.35 IDR 25.62 IDR 37.27 IDR 74
EV/EBITDA 8.92 IDR 13.30 IDR 17.67 IDR 54
All 10 models by family
DCF Models
FCF DCF 19.62 IDR 28.35 IDR 45.35 IDR 38
5Y Revenue Exit 16.35 IDR 25.07 IDR 38.02 IDR 39
5Y EBITDA Exit 11.85 IDR 17.38 IDR 24.89 IDR 41
10Y Revenue Exit 16.89 IDR 24.15 IDR 32.13 IDR 36
10Y EBITDA Exit 14.68 IDR 19.22 IDR 23.99 IDR 37
Multiples
EV/EBITDA 8.92 IDR 13.30 IDR 17.67 IDR 54
EV/Revenue 15.93 IDR 24.56 IDR 33.19 IDR 43
Asset-Based
NCAV (Graham) 18.41 IDR 24.68 IDR 36.83 IDR 50
Growth DCF
Growth DCF 20.65 IDR 29.17 IDR 44.40 IDR 80
Rev-Margin DCF 16.35 IDR 25.62 IDR 37.27 IDR 74

Widest divergence: Growth DCF (25.62 IDR) versus Multiples (13.30 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 60.6B IDR
Revenue growth (YoY) -16.6%
Net margin -12.4%
Return on equity -5.7%
Free cash flow 9.5B IDR FY2025
Operating margin -16.9%
More key figures
EPS (TTM) -1.90 IDR
EPS growth (YoY) -53.6%
Net debt 39.8B IDR FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 52 · Market factors (momentum, volatility) 44

Profitability 5
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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 Mitra International Resources Tbk, together with its subsidiaries, provides transportation services in Indonesia. The company offers land transportation services with a fleet of mixer trucks; and logistics and warehousing services, including loading and unloading of goods.

Full company description

PT Mitra International Resources Tbk, together with its subsidiaries, provides transportation services in Indonesia. The company offers land transportation services with a fleet of mixer trucks; and logistics and warehousing services, including loading and unloading of goods. It also provides flat deck truck bodies, dump trucks, boxes, and wing boxes and others. The company was formerly known as PT Mitra Rajasa and changed its name to PT Mitra International Resources Tbk in October 2009. PT Mitra International Resources Tbk was incorporated in 1979 and is headquartered in Jakarta Selatan, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Mitra International Resources Tbk, reported revenue of 63.3B IDR in FY2025 versus 85.6B IDR in FY2021, a compound −7.3%/yr. Reported net income was −8.2B IDR in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
63.3B IDR
Latest YoY
−4.2%
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.
−9.2%
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.
−6.2%
Avg. growth/yr (25Y) 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.
−1.3%
Revenue −7.3%/yr
FY21 85.6B IDR
FY22 84.4B IDR
FY23 77.2B IDR
FY24 66.0B IDR
FY25 63.3B IDR
Net income
FY21 −13.2B IDR
FY22 −31.4B IDR
FY23 −10.5B IDR
FY24 −7.4B IDR
FY25 −8.2B IDR

MIRA screens 76% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "PT Mitra International Resources Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/MIRA

Peer Group

Oil & Gas Equipment & Services · 191 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 52 · Below median
Fair Value upside −76% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) -17% · Bottom 25%
Revenue growth -17% · Below median
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.0× · 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 0 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 28
HEALTH 94 · sector 92
DIVIDEND 0 · sector 32

VALUE 0: the price sits above our fair-value range.

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 Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 836.00 MXN 533.97 MXN -36%
Baker Hughes Company BKR $55.95 $33.55 -40%
TechnipFMC plc FTI $74.57 $27.57 -63%
Halliburton Company HAL $35.22 $21.50 -39%
Tenaris S.A TS $57.16 $45.68 -20%
Yantai Jereh Oilfield Services Group 002353 ¥138.79 ¥34.17 -75%
Saipem SpA SPM €4.20 €2.72 -35%
Subsea 7 S.A SUBC kr 319.00 kr 227.98 -29%
China Oilfield Services Limited 601808 ¥12.08 ¥12.64 +5%
Gaztransport & Technigaz SA GTT €188.10 €95.01 -49%

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Frequently asked questions

Is PT Mitra International Resources Tbk, (MIRA) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 7.45 IDR versus a price of 31.00 IDR, about −76% (overvalued).
What is the fair value of MIRA?
Our model-based fair value for PT Mitra International Resources Tbk, is 7.45 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 31.00 IDR.
What is the quality score of MIRA?
PT Mitra International Resources Tbk, has a Quality Score of 52/100. 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 Mitra International Resources Tbk, (MIRA)?
PT Mitra International Resources Tbk, reported trailing-twelve-month revenue of about 60.6B IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MIRA?
The net profit margin of PT Mitra International Resources Tbk, is about -12.4%, meaning it is currently running at a net loss. 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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