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PT Samindo Resources Tbk, through its subsidiaries, (MYOH) Fair Value & Analysis

Energy · ID · Market cap 2.3T IDR

PS PT Samindo Resources Tbk, through its subsidiaries, MYOH · JK
Price1,040 IDR
Fair Value1,806 IDR
Upside+73.7%
Quality66/100
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Weak Growth
Thin margins · 9.1% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Narrow moat 44/100
Evidence: High Range 1,445 IDR – 2,168 IDR Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 1,795 IDR to 1,806 IDR (+0.6%) since Jun 24, 2026.

A solid business, screening 74% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1,445 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

1,947 IDR 1,010 IDR Fair Value 1,806 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 1,010 IDR – 1,947 IDR · fair‑value band 1,445 IDR – 2,168 IDR · the 1,040 IDR price screens below the 1,806 IDR fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

PT Samindo Resources Tbk, through its subsidiaries, (MYOH) currently trades at 1,040 IDR, while our model-based Fair Value estimate is 1,806 IDR, implying the stock looks roughly 73.7% undervalued today. The Quality Score stands at 66/100 (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: high), always confirm before acting.

Over the trailing twelve months, PT Samindo Resources Tbk, through its subsidiaries, generated revenue of 164M IDR at a net margin of 9.1%. It earns a return on equity of 8.3%. The balance sheet holds a net cash position of 50.9M IDR. The stock trades on a trailing P/E of 8.6. Fundamentals as of Jul 12, 2026

Our scenario range runs from 1,445 IDR (bear case) to 2,168 IDR (bull case); at 1,040 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 39% below its 52-week high and 7% 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 74%, MYOH 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 5,239 IDR 10,116 IDR 18,606 IDR 80
Residual Income 1,264 IDR 1,264 IDR 1,806 IDR 76
Rev-Margin DCF 2,890 IDR 4,335 IDR 7,406 IDR 74
All 26 models by family
DCF Models
FCF DCF 5,419 IDR 8,490 IDR 18,245 IDR 38
Owner Earnings 4,697 IDR 10,296 IDR 22,580 IDR 31
5Y Revenue Exit 2,710 IDR 3,974 IDR 6,322 IDR 39
5Y EBITDA Exit 2,710 IDR 3,974 IDR 6,503 IDR 41
5Y P/E Exit 2,710 IDR 4,877 IDR 7,406 IDR 38
10Y Revenue Exit 3,432 IDR 5,961 IDR 7,226 IDR 36
10Y EBITDA Exit 3,613 IDR 6,142 IDR 10,116 IDR 37
10Y P/E Exit 3,613 IDR 6,142 IDR 9,935 IDR 35
Earnings-Based
Graham-Dodd 903.20 IDR 5,780 IDR 8,129 IDR 54
Lynch FV 2,890 IDR 4,155 IDR 5,419 IDR 50
PEG = 1.0 2,890 IDR 4,155 IDR 5,419 IDR 46
EPV 1,626 IDR 1,806 IDR 1,987 IDR 59
Dividend Discount
Gordon GGM 541.92 IDR 1,445 IDR 2,348 IDR 70
DDM Multi-Stage 541.92 IDR 1,084 IDR 1,445 IDR 61
Multiples
P/E Multiple 1,264 IDR 1,626 IDR 2,168 IDR 63
P/S Multiple 1,264 IDR 1,626 IDR 1,987 IDR 58
P/B Multiple 1,626 IDR 1,987 IDR 2,529 IDR 55
EV/EBIT 1,445 IDR 1,806 IDR 2,168 IDR 53
EV/EBITDA 1,806 IDR 2,168 IDR 2,710 IDR 54
EV/Revenue 1,626 IDR 2,168 IDR 2,529 IDR 43
Asset-Based
NCAV (Graham) 722.56 IDR 903.20 IDR 1,445 IDR 50
Growth DCF
Growth DCF 5,239 IDR 10,116 IDR 18,606 IDR 80
Rev-Margin DCF 2,890 IDR 4,335 IDR 7,406 IDR 74
Economic Profit
Residual Income 1,264 IDR 1,264 IDR 1,806 IDR 76
ROIC Compounder 1,626 IDR 2,168 IDR 2,710 IDR 72
Growth Earnings
Growth-Adj P/E 3,432 IDR 4,877 IDR 6,503 IDR 68

Widest divergence: DCF Models (5,961 IDR) versus Asset-Based (903.20 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 164M IDR
Net margin 9.1%
Return on equity 8.3%
Free cash flow 33.7M IDR FY2025
P/E ratio 8.5
Operating margin 11.1%
More key figures
EPS (TTM) 122.51 IDR
EPS growth (YoY) -0.8%
Net cash 50.9M IDR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 69 · Market factors (momentum, volatility) 33

Profitability 40
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 5
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 Samindo Resources Tbk, through its subsidiaries, operates as an integrated coal mining services company in Indonesia. The company provides overburden removal, coal getting, coal hauling, and drilling exploration and other services.

Full company description

PT Samindo Resources Tbk, through its subsidiaries, operates as an integrated coal mining services company in Indonesia. The company provides overburden removal, coal getting, coal hauling, and drilling exploration and other services. It also offers light vehicle rental services; outsourcing services; trades in vehicle spare parts and accessories; information and communication services; and engages in wholesale and retail, as well as repair and maintenance of cars and motorcycles. The company was formerly known as PT Myoh Technology Tbk and changed its name to PT Samindo Resources Tbk in February 2012. PT Samindo Resources Tbk was founded in 2000 and is based in Jakarta Selatan, Indonesia. The company operates as a subsidiary of ST International Corporation.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Samindo Resources Tbk, through its subsidiaries, reported revenue of 162M IDR in FY2025 versus 161M IDR in FY2021, a compound +0.2%/yr. Reported net income was 14.8M IDR in FY2025, compounding −14.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
162M IDR
Latest YoY
−9.8%
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.
+4.6%
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.
−1.4%
Avg. growth/yr (19Y) 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.
−12.8%
Revenue +0.2%/yr
FY21 161M IDR
FY22 142M IDR
FY23 134M IDR
FY24 180M IDR
FY25 162M IDR
Net income −14.0%/yr
FY21 26.9M IDR
FY22 14.1M IDR
FY23 18.5M IDR
FY24 15.9M IDR
FY25 14.8M IDR
Character of growth · EPS growth decomposed (2014-2025) −3.5 % p.a.
Revenue per share −3.6 pp

of which total revenue −3.6 pp · buybacks/dilution +0.0 pp

EBIT margin −1.8 pp
Tax rate +0.7 pp
Residual (interest, one-offs) +1.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "PT Samindo Resources Tbk, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/MYOH

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 66 · Top 25%
Fair Value upside +74% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 0% · Above median
Dividend yield (TTM) 0.0% · Below median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Thermal Coal median · lower = cheaper

P/E (TTM) 8.5× · Cheaper than 75% of peers
P/B 1.30× · Pricier than median
P/S (TTM) 1.40× · Pricier than median
P/FCF 6.8× · Pricier than median
EV/EBITDA 5.6× · 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 100 · sector 22
FUTURE 0 · sector 0
PAST 33 · sector 21
HEALTH 98 · sector 92
DIVIDEND 0 · sector 31

Insider activity: 40/100

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 12, 2026).

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Frequently asked questions

Is PT Samindo Resources Tbk, through its subsidiaries, (MYOH) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 1,806 IDR versus a price of 1,040 IDR, about +74% (undervalued).
What is the fair value of MYOH?
Our model-based fair value for PT Samindo Resources Tbk, through its subsidiaries, is 1,806 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 1,040 IDR.
What is the quality score of MYOH?
PT Samindo Resources Tbk, through its subsidiaries, has a Quality Score of 66/100. 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 Samindo Resources Tbk, through its subsidiaries, (MYOH)?
PT Samindo Resources Tbk, through its subsidiaries, reported trailing-twelve-month revenue of about 164M IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of MYOH?
The net profit margin of PT Samindo Resources Tbk, through its subsidiaries, is about 9.1%, meaning it keeps roughly 9.1% 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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