J Resources Asia Pasifik Tbk (PSAB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of J Resources Asia Pasifik Tbk stock IDR 451, price IDR 422, upside +6.9%, quality 74 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 67.15 IDR – 645.00 IDR · fair‑value band 313.91 IDR – 563.75 IDR · the 422.00 IDR price screens below the 451.00 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
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PT J Resources Asia Pasifik Tbk engages in the gold mining business in Indonesia. It also provides general trading and mining services. The company was formerly known as PT Pelita Sejahtera Abadi and changed its name to PT J Resources Asia Pasifik Tbk in January 2012.
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The company was founded in 2002 and is based in Jakarta Selatan, Indonesia.
Stock analysis
J Resources Asia Pasifik Tbk (PSAB) currently trades at 422.00 IDR, while our model-based Fair Value estimate is 451.00 IDR, so the stock looks roughly fairly valued today (gap 6.4%).
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Valuation
Bull case: the DCF Models group reads highest at a median of 455.60 IDR per share, and 11 of the 24 models we run sit above the 422.00 IDR price.
Bear case: the Economic Profit group reads lowest at 203.14 IDR, and 13 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 313.91 IDR (bear) to 563.75 IDR (bull), the price of 422.00 IDR sits inside 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 74/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
J Resources Asia Pasifik Tbk reported revenue of $285M in FY2025 versus $237M in FY2021, a compound +4.7%/yr. Reported net income was $35.8M in FY2025.
Key figures
Market cap 11.2T IDR (≈ $619M) Small · P/E ratio 3.4 · P/S ratio 0.43 · EPS (TTM) 124.36 IDR · Dividend yield 0.0% · Net margin 12.6% · Return on equity 48.5% · Return on assets (EBIT) 5.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 40% 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 7%, PSAB screens cheaper than that median.
Fair Value models
Bear313.91 IDRFair Value 451.00 IDRBull563.75 IDR
Price 422.00 IDR · Upside +6.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (105.62 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.74/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+20.8%
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.
+41.7%
Revenue growth 5 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.
+2.9%
Start year 2020 (pandemic). Over 10 years: +0.0% a year
Revenue growth 19 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.
−18.3%
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Profit margin (trend) ⓘ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.
44.3% (2020) → 29.5% (2025)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
+3.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +1.2% a year for the price.
Compare J Resources Asia Pasifik Tbk with another stock
Price, fair value, quality and upside side by side.
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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.Gold · 201 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside+6.9% · Above median
Profitability
Return on equity (12 months)48.5% · Top 25%
Return on assets6.4% · Above median
Net margin (12 months)92.2% · Top 25%
Operating margin (12 months)−83.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)21.0% · Below median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.40× · Highest 25%
Valuation Multiplesvs Gold median · lower = cheaper
P/E (12 months)3.4× · Cheapest 25%
P/B1.82× · Cheaper than median
P/S (12 months)2.93× · Cheaper than median
Price / free cash flow (fiscal year)12.1× · Cheaper than median
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.
Cite: Fair Value Calculator (2026). "J Resources Asia Pasifik Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PSAB
Frequently asked questions
Is J Resources Asia Pasifik Tbk (PSAB) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 451.00 IDR versus a price of 422.00 IDR, about +7% upside (fairly valued).
What is the fair value of PSAB?
Our model-based fair value for J Resources Asia Pasifik Tbk is 451.00 IDR (as of Nov 5, 2026), built from audited fundamentals. The current price: 422.00 IDR.
What is the quality score of PSAB?
J Resources Asia Pasifik 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 price target for J Resources Asia Pasifik Tbk (PSAB)?
Our model-based price target is the fair value of 451.00 IDR (as of Nov 5, 2026) from 24 valuation models. Cautious scenario 313.91 IDR, optimistic scenario 563.75 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the J Resources Asia Pasifik Tbk stock forecast for 2026?
Our models put fair value at 451.00 IDR, about +7% upside versus a price of 422.00 IDR (fairly valued). Cautious scenario 313.91 IDR, optimistic scenario 563.75 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of J Resources Asia Pasifik Tbk (PSAB)?
J Resources Asia Pasifik Tbk reported trailing-twelve-month revenue of about $309M (latest available figure, as of Nov 5, 2026).
Does J Resources Asia Pasifik Tbk pay a dividend?
J Resources Asia Pasifik Tbk currently shows a dividend yield of 0.00% relative to its recent price (as of Nov 5, 2026).
What growth is priced into J Resources Asia Pasifik Tbk (PSAB)?
For today's price to be fair in a discounted-cash-flow model, J Resources Asia Pasifik Tbk would have to grow free cash flow by +3.6 % per year for five years (discount rate 12.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.9 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of PSAB use?
Our models discount J Resources Asia Pasifik Tbk at 12.1 %: a base by market capitalisation (small), damped by beta 0.60, 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 J Resources Asia Pasifik Tbk that is +3.6 % per year a year over ten years, using the same discount rate (12.1 %) and the same formula as our fair value.
How much growth has J Resources Asia Pasifik Tbk (PSAB) delivered so far?
Over the past 5 years revenue at J Resources Asia Pasifik Tbk grew +2.9 % a year. The price currently implies +3.6 % 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 J Resources Asia Pasifik Tbk (PSAB) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into J Resources Asia Pasifik Tbk (+3.6 % 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 J Resources Asia Pasifik Tbk (PSAB)?
The free-cash-flow yield on the price is 12.12 %: that much free cash flow J Resources Asia Pasifik Tbk produces per unit of market value. When it exceeds the discount rate of our models (12.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of J Resources Asia Pasifik Tbk (PSAB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For J Resources Asia Pasifik Tbk it is 451.00 IDR per share (as of Nov 5, 2026), against a price of 422.00 IDR. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is J Resources Asia Pasifik Tbk stock overvalued or undervalued in 2026?
As of Nov 5, 2026, PSAB trades below its calculated fair value: price 422.00 IDR, fair value 451.00 IDR, a gap of about +7% (fairly valued). 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 PSAB?
No. The price is what the market pays today (422.00 IDR); the fair value is what the company's own numbers justify (451.00 IDR). For J Resources Asia Pasifik Tbk the two are 29.00 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is J Resources Asia Pasifik Tbk worth?
The market values J Resources Asia Pasifik Tbk at about 11.2T IDR (market capitalisation, as of Nov 5, 2026). Per share that is 422.00 IDR; our models calculate a fair value of 451.00 IDR per share.
What do the bullish and bearish scenarios say about PSAB?
Our models span a range for J Resources Asia Pasifik Tbk: cautious scenario 313.91 IDR, base 451.00 IDR, optimistic 563.75 IDR per share (as of Nov 5, 2026, price 422.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PSAB?
J Resources Asia Pasifik Tbk trades at a price-to-earnings ratio of 3.4 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 451.00 IDR is built from several models across several years. Other multiples: P/B 1.8, P/S 2.9, EV/EBITDA 7.3.
How solid is the balance sheet of J Resources Asia Pasifik Tbk (PSAB)?
Balance-sheet figures for J Resources Asia Pasifik Tbk (as of Nov 5, 2026): return on equity 48.5%, debt of 0.40 per unit of equity. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is PSAB from its 52-week high?
J Resources Asia Pasifik Tbk trades at 422.00 IDR, about 35% below its 52-week high of 645.00 IDR and 40% above the low of 300.98 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 451.00 IDR is for.
Which stocks are comparable to J Resources Asia Pasifik Tbk?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, 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 J Resources Asia Pasifik Tbk stock attractive at the current price?
The data as of Nov 5, 2026: price 422.00 IDR, calculated fair value 451.00 IDR (+7%), Quality Score 74/100, from 24 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 PSAB calculated?
We run J Resources Asia Pasifik Tbk through 24 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 451.00 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 15.5% above its aggregate fair value. J Resources Asia Pasifik Tbk currently trades 6% 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 J Resources Asia Pasifik Tbk (PSAB)?
The closing price on Nov 6, 2026 was 422.00 IDR. Our model-based fair value is 451.00 IDR, about +7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with J Resources Asia Pasifik Tbk right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of J Resources Asia Pasifik Tbk (PSAB) come from?
Earnings per share at J Resources Asia Pasifik Tbk grew +0.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.4 %, EBIT margin −2.6 %, tax rate +3.8 %, residual (interest, one-offs) −1.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of J Resources Asia Pasifik Tbk
How large is the market capitalisation of J Resources Asia Pasifik Tbk (PSAB)?
The market capitalisation of J Resources Asia Pasifik Tbk is 11.2T IDR (≈ $619M). 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 J Resources Asia Pasifik Tbk (PSAB)?
The price-to-sales ratio of J Resources Asia Pasifik Tbk is 0.43 (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 J Resources Asia Pasifik Tbk (PSAB)?
Earnings per share at J Resources Asia Pasifik Tbk are 124.36 IDR (price ÷ EPS = P/E 3.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of J Resources Asia Pasifik Tbk (PSAB)?
The dividend yield of J Resources Asia Pasifik Tbk is 0.0% (payout 0.0%). 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 J Resources Asia Pasifik Tbk (PSAB)?
The net margin of J Resources Asia Pasifik Tbk is 12.6% (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 J Resources Asia Pasifik Tbk (PSAB)?
The return on equity (ROE) of J Resources Asia Pasifik Tbk is 48.5% (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 J Resources Asia Pasifik Tbk (PSAB)?
On an EBIT basis the return on assets of J Resources Asia Pasifik Tbk is 5.5% (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 J Resources Asia Pasifik Tbk (PSAB)?
The operating margin of J Resources Asia Pasifik Tbk is −83.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at J Resources Asia Pasifik Tbk (PSAB)?
Revenue at J Resources Asia Pasifik Tbk is growing +21.0% versus a year earlier (3y avg +41.7%). 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 J Resources Asia Pasifik Tbk (PSAB)?
Earnings per share at J Resources Asia Pasifik Tbk are growing +22.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does J Resources Asia Pasifik Tbk (PSAB) carry?
The net debt of J Resources Asia Pasifik Tbk is $209M (fiscal year 2025, ≈ 2.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 5, 2026