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PT IMC Pelita Logistik Tbk (PSSI) Fair Value & Analysis

Industrials · ID · Market cap 1.6T IDR

PI PT IMC Pelita Logistik Tbk PSSI · JK
Price330.00 IDR
Fair Value524.80 IDR
Upside+59.0%
Quality51/100
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Weak Growth
Loss-making · -1.1% net margin
Low debt · generates free cash flow
Trails peers (2/13)
Narrow moat 20/100
Evidence: High Range 524.80 IDR – 524.80 IDR Share as image

Fair value as of: Jul 14, 2026

From 16 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from 359.00 IDR to 524.80 IDR (+46.2%) since Jun 24, 2026. Share price +12.2% over the past month.

A solid business, screening 59% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (524.80 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) 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)

638.42 IDR 124.98 IDR Fair Value 524.80 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 124.98 IDR – 638.42 IDR · the 330.00 IDR price screens below the 524.80 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

PT IMC Pelita Logistik Tbk (PSSI) currently trades at 330.00 IDR, while our model-based Fair Value estimate is 524.80 IDR, implying the stock looks roughly 59.0% undervalued today. The Quality Score stands at 51/100 (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 IMC Pelita Logistik Tbk generated revenue of 52.7M IDR at a net margin of -1.1%. Revenue declined 29.5% year over year. It earns a return on equity of -0.4%. The balance sheet holds a net cash position of 45.7M IDR. Fundamentals as of Jul 14, 2026

The share trades about 17% below its 52-week high and 46% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 59%, PSSI 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 181.26 IDR 181.26 IDR 362.52 IDR 80
Residual Income 362.52 IDR 362.52 IDR 181.26 IDR 76
Rev-Margin DCF 181.26 IDR 181.26 IDR 362.52 IDR 74
All 16 models by family
DCF Models
FCF DCF 181.26 IDR 181.26 IDR 362.52 IDR 38
Owner Earnings 181.26 IDR 362.52 IDR 362.52 IDR 31
5Y Revenue Exit 181.26 IDR 181.26 IDR 362.52 IDR 39
5Y EBITDA Exit 362.52 IDR 543.78 IDR 725.04 IDR 41
5Y P/E Exit 181.26 IDR 181.26 IDR 181.26 IDR 38
10Y Revenue Exit 181.26 IDR 181.26 IDR 181.26 IDR 36
10Y EBITDA Exit 362.52 IDR 543.78 IDR 543.78 IDR 37
10Y P/E Exit 181.26 IDR 181.26 IDR 181.26 IDR 35
Dividend Discount
Gordon GGM 181.26 IDR 181.26 IDR 70
DDM Multi-Stage 181.26 IDR 181.26 IDR 61
Multiples
EV/EBITDA 543.78 IDR 725.04 IDR 906.30 IDR 54
EV/Revenue 181.26 IDR 181.26 IDR 362.52 IDR 43
Asset-Based
NCAV (Graham) 181.26 IDR 362.52 IDR 543.78 IDR 50
Growth DCF
Growth DCF 181.26 IDR 181.26 IDR 362.52 IDR 80
Rev-Margin DCF 181.26 IDR 181.26 IDR 362.52 IDR 74
Economic Profit
Residual Income 362.52 IDR 362.52 IDR 181.26 IDR 76

Widest divergence: Asset-Based (362.52 IDR) versus DCF Models (181.26 IDR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 52.7M IDR
Revenue growth (YoY) -29.5%
Net margin -1.1%
Return on equity -0.4%
Free cash flow 1.7M IDR FY2025
Operating margin -10.9%
More key figures
EPS growth (YoY) -51.4%
Net cash 45.7M IDR FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 54 · Market factors (momentum, volatility) 47

Profitability 14
Margins and returns on capital today
Quality Growth 6
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 93
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 IMC Pelita Logistik Tbk provides integrated logistics and sea transportation solutions primarily for coal mining companies in Indonesia. It operates through Time Charter of Tugboats and Barges, Floating Loading Facilities, Property, and Motor Vessels segments.

Full company description

PT IMC Pelita Logistik Tbk provides integrated logistics and sea transportation solutions primarily for coal mining companies in Indonesia. It operates through Time Charter of Tugboats and Barges, Floating Loading Facilities, Property, and Motor Vessels segments. The company involved in the inter-island commodities transportation for coal, nickel, alumina, clinker cement, concentrated copper, and iron sand; and transshipment business, as well as transshipment and international shipping services. It has 31 units of tugboats, 26 units of barges, 2 units of floating loading facilities, 2 units of floating crane, and 5 units of bulk carrier mother vessels. The company was formerly known as PT Pelita Samudera Shipping Tbk and changed its name to PT IMC Pelita Logistik Tbk in February 2023. PT IMC Pelita Logistik Tbk was founded in 2007 and is headquartered in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT IMC Pelita Logistik Tbk reported revenue of 56.4M IDR in FY2025 versus 109M IDR in FY2021, a compound −15.1%/yr. Reported net income was 243K IDR in FY2025, compounding −68.6%/yr from FY2021.

Growth Quality 35/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
56.4M IDR
Latest YoY
−30.5%
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.
−22.1%
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.
−3.8%
Avg. growth/yr (11Y) 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.
−1.0%
Revenue −15.1%/yr
FY21 109M IDR
FY22 119M IDR
FY23 102M IDR
FY24 81.2M IDR
FY25 56.4M IDR
Net income −68.6%/yr
FY21 25.0M IDR
FY22 42.2M IDR
FY23 40.8M IDR
FY24 14.2M IDR
FY25 243K IDR

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Cite: Fair Value Calculator (2026). "PT IMC Pelita Logistik Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PSSI

Peer Group

Marine Shipping · 231 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 51 · Below median
Fair Value upside +59% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth -30% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.05× · Lower than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/B 1.04× · Pricier than median
P/S (TTM) 3.01× · Pricier than 75% of peers
P/FCF 93.4× · Pricier than 75% of peers
EV/EBITDA 25.9× · Pricier 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 100 · sector 29
FUTURE 0 · sector 18
PAST 0 · sector 27
HEALTH 98 · sector 88
DIVIDEND 0 · sector 47

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is PT IMC Pelita Logistik Tbk (PSSI) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 524.80 IDR versus a price of 330.00 IDR, about +59% (undervalued).
What is the fair value of PSSI?
Our model-based fair value for PT IMC Pelita Logistik Tbk is 524.80 IDR (as of Jul 14, 2026), built from audited fundamentals. The current price is 330.00 IDR.
What is the quality score of PSSI?
PT IMC Pelita Logistik Tbk has a Quality Score of 51/100. 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 IMC Pelita Logistik Tbk (PSSI)?
PT IMC Pelita Logistik Tbk reported trailing-twelve-month revenue of about 52.7M IDR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of PSSI?
The net profit margin of PT IMC Pelita Logistik Tbk is about -1.1%, 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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