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PT Paramita Bangun Sarana Tbk (PBSA) Fair Value & Analysis

Industrials · ID · Market cap 2.3T IDR

PP PT Paramita Bangun Sarana Tbk PBSA · JK
Price740.00 IDR
Fair Value1,400 IDR
Upside+89.2%
Quality74/100
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Healthy Growth
Solidly profitable · 17.2% net margin
Low debt · generates free cash flow
Ranks above peers (11/14)
Wide moat 76/100
Evidence: High Range 1,050 IDR – 4,854 IDR Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 24 days ago

Share price −0.7% over the past month.

A solid business, screening 89% undervalued on our models.

What matters now

  • The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (1,050 IDR). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (1,050 IDR to 4,854 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

2,497 IDR 99.49 IDR Fair Value 1,400 IDR Feb 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

60‑month range 99.49 IDR – 2,497 IDR · fair‑value band 1,050 IDR – 4,854 IDR · the 740.00 IDR price screens below the 1,400 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

PT Paramita Bangun Sarana Tbk (PBSA) currently trades at 740.00 IDR, while our model-based Fair Value estimate is 1,400 IDR, implying the stock looks roughly 89.2% undervalued today. The Quality Score stands at 74/100 (solid quality), in the Industrials 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 Paramita Bangun Sarana Tbk generated revenue of 1.7T IDR at a net margin of 17.2%. Revenue grew 46.8% year over year. It earns a return on equity of 34.5%. The balance sheet holds a net cash position of 144B IDR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 1,050 IDR (bear case) to 4,854 IDR (bull case); at 740.00 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 73% below its 52-week high and 114% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 89%, PBSA 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 2,025 IDR 3,872 IDR 7,766 IDR 80
Residual Income 754.13 IDR 976.08 IDR 6,575 IDR 76
Rev-Margin DCF 1,189 IDR 2,077 IDR 3,800 IDR 74
All 26 models by family
DCF Models
FCF DCF 2,145 IDR 3,430 IDR 7,628 IDR 38
Owner Earnings 1,813 IDR 4,184 IDR 9,382 IDR 31
5Y Revenue Exit 1,153 IDR 1,820 IDR 3,204 IDR 39
5Y EBITDA Exit 1,244 IDR 2,004 IDR 3,488 IDR 41
5Y P/E Exit 1,901 IDR 4,150 IDR 7,211 IDR 38
10Y Revenue Exit 1,421 IDR 2,739 IDR 3,475 IDR 36
10Y EBITDA Exit 1,520 IDR 2,940 IDR 5,289 IDR 37
10Y P/E Exit 2,011 IDR 4,388 IDR 8,283 IDR 35
Earnings-Based
Graham-Dodd 728.59 IDR 5,081 IDR 7,131 IDR 54
Lynch FV 2,093 IDR 2,989 IDR 3,886 IDR 50
PEG = 1.0 2,093 IDR 2,989 IDR 3,886 IDR 46
EPV 726.04 IDR 845.58 IDR 951.83 IDR 59
Dividend Discount
Gordon GGM 531.73 IDR 1,161 IDR 1,953 IDR 70
DDM Multi-Stage 531.73 IDR 950.92 IDR 1,210 IDR 61
Multiples
P/E Multiple 1,688 IDR 2,250 IDR 2,813 IDR 63
P/S Multiple 799.65 IDR 1,066 IDR 1,333 IDR 58
P/B Multiple 1,050 IDR 1,400 IDR 1,750 IDR 55
EV/EBIT 1,087 IDR 1,433 IDR 1,779 IDR 53
EV/EBITDA 886.01 IDR 1,165 IDR 1,444 IDR 54
EV/Revenue 720.36 IDR 1,008 IDR 1,296 IDR 43
Asset-Based
NCAV (Graham) 155.53 IDR 208.41 IDR 311.06 IDR 50
Growth DCF
Growth DCF 2,025 IDR 3,872 IDR 7,766 IDR 80
Rev-Margin DCF 1,189 IDR 2,077 IDR 3,800 IDR 74
Economic Profit
Residual Income 754.13 IDR 976.08 IDR 6,575 IDR 76
ROIC Compounder 967.54 IDR 1,484 IDR 2,033 IDR 72
Growth Earnings
Growth-Adj P/E 2,614 IDR 3,734 IDR 4,854 IDR 68

Widest divergence: Growth Earnings (3,734 IDR) versus Asset-Based (208.41 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7T IDR
Revenue growth (YoY) +46.8%
Net margin 17.2%
Return on equity 34.5%
Free cash flow 350B IDR FY2025
P/E ratio 6.6
More key figures
Operating margin 19.8%
EPS (TTM) 98.48 IDR
EPS growth (YoY) -94.5%
Net cash 144B IDR FY2025

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

Quality Score breakdown

Overall quality 74/100

Of which business quality 76 · Market factors (momentum, volatility) 49

Profitability 81
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 59
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 Paramita Bangun Sarana Tbk engages in the construction business in Indonesia and Malaysia. It constructs industrial buildings; and engages in civil construction activities, such as installation of pile drivers, lower structures, and steel and concrete structures, as well as roof and wall structures.

Full company description

PT Paramita Bangun Sarana Tbk engages in the construction business in Indonesia and Malaysia. It constructs industrial buildings; and engages in civil construction activities, such as installation of pile drivers, lower structures, and steel and concrete structures, as well as roof and wall structures. The company also provides infrastructure construction services, including road levelling, compaction, and road foundation construction services; and mechanical works, such as machinery, piping, and tanks installations, as well as electricity works. In addition, it offers land clearing, structural frame, trading, and steel fabrication, and consulting services. The company was founded in 2002 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 Paramita Bangun Sarana Tbk reported revenue of 1.6T IDR in FY2025 versus 279B IDR in FY2021, a compound +54.5%/yr. Reported net income was 320B IDR in FY2025, compounding +39.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.6T IDR
Latest YoY
+37.9%
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.
+29.6%
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.
+23.6%
Avg. growth/yr (12Y) 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.
+4.9%
Revenue +54.5%/yr
FY21 279B IDR
FY22 732B IDR
FY23 573B IDR
FY24 1.2T IDR
FY25 1.6T IDR
Net income +39.9%/yr
FY21 83.6B IDR
FY22 134B IDR
FY23 193B IDR
FY24 215B IDR
FY25 320B IDR
Character of growth · EPS growth decomposed (2014-2025) +4.2 % p.a.
Revenue per share +0.8 pp

of which total revenue +1.4 pp · buybacks/dilution −0.6 pp

EBIT margin −1.9 pp
Tax rate +0.1 pp
Residual (interest, one-offs) +5.2 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 Paramita Bangun Sarana Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PBSA

Peer Group

Engineering & Construction · 839 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 74 · Top 25%
Fair Value upside +89% · Top 25%
Return on equity (TTM) 35% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 47% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 7.7× · Cheaper than 75% of peers
P/B 2.43× · Pricier than median
P/S (TTM) 1.31× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 7.3× · 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 16
FUTURE 100 · sector 17
PAST 100 · sector 26
HEALTH 100 · sector 94
DIVIDEND 0 · sector 33

Insider activity: 30/100

Values & ESG

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

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is PT Paramita Bangun Sarana Tbk (PBSA) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1,400 IDR versus a price of 740.00 IDR, about +89% (undervalued).
What is the fair value of PBSA?
Our model-based fair value for PT Paramita Bangun Sarana Tbk is 1,400 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 740.00 IDR.
What is the quality score of PBSA?
PT Paramita Bangun Sarana Tbk has a Quality Score of 74/100. 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 Paramita Bangun Sarana Tbk (PBSA)?
PT Paramita Bangun Sarana Tbk reported trailing-twelve-month revenue of about 1.7T IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of PBSA?
The net profit margin of PT Paramita Bangun Sarana Tbk is about 17.2%, meaning it keeps roughly 17.2% 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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