Bukit Asam Tbk PT (PTBA) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Bukit Asam Tbk PT IDR 4,773, price IDR 3,050, upside +56.5%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
- Add to watchlist
Bukit Asam Tbk PT
PTBA · JKClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 878.62 IDR – 3,140 IDR · fair‑value band 3,305 IDR – 6,204 IDR · the 3,050 IDR price screens below the 4,773 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Bukit Asam Tbk PT is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
PT Bukit Asam (Persero) Tbk, together with its subsidiaries, engages in coal mining activities in Indonesia. The company's coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading.
Show more
PT Bukit Asam (Persero) Tbk, together with its subsidiaries, engages in coal mining activities in Indonesia. The company's coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It maintains special coal dock facilities; operates steam-fired power plants; and engages in the mining of coal methane gas. The company also offers briquette processing, mining services, palm plantation and processing, and health services, as well as real estate and construction services. In addition, it engages in the hospital clinic and polyclinic; rental; port; and trade, services, workshop, development, industry, and transportation businesses. It also exports its products to India, South Korea, China, Cambodia, Vietnam, Japan, Bangladesh, Thailand, Taiwan, Philippines, Malaysia, Hong Kong, Spain, and Romania. The company was formerly known as PT Bukit Asam Tbk and was changed to PT Bukit Asam (Persero) Tbk in February 2026. PT Bukit Asam (Persero) Tbk was founded in 1876 and is headquartered in Tanjung Enim Selatan, Indonesia. PT Bukit Asam (Persero) Tbk operates as a subsidiary of PT Mineral Industri Indonesia (Persero).
Stock analysis
Bukit Asam Tbk PT (PTBA) currently trades at 3,050 IDR, while our model-based Fair Value estimate is 4,773 IDR, implying the stock looks roughly 36.1% undervalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of 5,719 IDR per share, and 19 of the 26 models we run sit above the 3,050 IDR price.
Bear case: the Asset-Based group reads lowest at 1,308 IDR, and 7 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: 3,305 IDR (bear) to 6,204 IDR (bull), the price of 3,050 IDR sits below 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 58/100 (solid quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Bukit Asam Tbk PT reported revenue of 42.7T IDR in FY2025 versus 29.3T IDR in FY2021, a compound +9.9%/yr. Reported net income was 2.9T IDR in FY2025, compounding −22.0%/yr from FY2021.
Key figures
Market cap 35.1T IDR (≈ $3.5B) · P/E ratio 10.5 · P/S ratio 0.72 · EPS (TTM) 290.08 IDR · Dividend yield 13.8% · Net margin 6.9% · Return on equity 14.4% · Return on assets (EBIT) 20.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 47% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −31% fair-value upside, at 56%, PTBA screens cheaper than that median.
Fair Value models
All 26 models by family
Notify me when PTBA reaches fair value
Put PTBA on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 71
Revenue & earnings trend
Growth Forecast
Watch PTBA, get fair value alerts →
Compare Bukit Asam Tbk PT with another stock
Price, fair value, quality and upside side by side.
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.Thermal Coal · 101 stocks
Valuation Multiplesvs Thermal Coal median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Energy
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Thermal Coal stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Shenhua Energy Company 601088 | ¥47.51 | ¥32.88 | −31% |
| PT Bayan Resources Tbk., BYAN | 11,850 IDR | 4,827 IDR | −59% |
| Adani Enterprises Limited ADANIENT | ₹2,997 | ₹891.11 | −70% |
| Shaanxi Coal Industry Company 601225 | ¥26.03 | ¥28.63 | +10% |
| Yankuang Energy Group 600188 | ¥20.35 | ¥13.05 | −36% |
| Coal India Limited COALINDIA | ₹428.00 | ₹464.01 | +8% |
| China Coal Energy Company 601898 | ¥14.23 | ¥14.62 | +3% |
| PT Dian Swastatika Sentosa Tbk, DSSA | 980.00 IDR | 356.60 IDR | −64% |
| Inner Mongolia Dian Tou Energy Corporation 002128 | ¥28.24 | ¥20.48 | −27% |
| Shanxi Lu'an Environmental Energy Development Co 601699 | ¥15.75 | ¥9.97 | −37% |
Explore undervalued stocks
More undervalued Energy stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Bukit Asam Tbk PT (PTBA) overvalued or undervalued?
What is the fair value of PTBA?
What is the quality score of PTBA?
What is the price target for Bukit Asam Tbk PT (PTBA)?
What is the Bukit Asam Tbk PT stock forecast for 2026?
What is the revenue of Bukit Asam Tbk PT (PTBA)?
Does Bukit Asam Tbk PT pay a dividend?
What growth is priced into Bukit Asam Tbk PT (PTBA)?
What discount rate (WACC) does the fair value of PTBA use?
What is a reverse DCF?
How much growth has Bukit Asam Tbk PT (PTBA) delivered so far?
How fast is the sector of Bukit Asam Tbk PT (PTBA) growing?
What is the free cash flow yield of Bukit Asam Tbk PT (PTBA)?
What is the intrinsic value of Bukit Asam Tbk PT (PTBA)?
Is Bukit Asam Tbk PT stock overvalued or undervalued in 2026?
Is fair value the same as the market price of PTBA?
How much is Bukit Asam Tbk PT worth?
What do the bullish and bearish scenarios say about PTBA?
What is the P/E ratio of PTBA?
What is the PEG ratio of PTBA?
How solid is the balance sheet of Bukit Asam Tbk PT (PTBA)?
How far is PTBA from its 52-week high?
Which stocks are comparable to Bukit Asam Tbk PT?
Is Bukit Asam Tbk PT stock attractive at the current price?
How is the fair value of PTBA calculated?
Is it still worth investing in stocks now?
What is the share price of Bukit Asam Tbk PT (PTBA)?
What should I pay attention to with Bukit Asam Tbk PT right now?
Where does the earnings growth of Bukit Asam Tbk PT (PTBA) come from?
Key figures of Bukit Asam Tbk PT
How large is the market capitalisation of Bukit Asam Tbk PT (PTBA)?
What is the P/S ratio of Bukit Asam Tbk PT (PTBA)?
What are the earnings per share of Bukit Asam Tbk PT (PTBA)?
What is the dividend yield of Bukit Asam Tbk PT (PTBA)?
What is the net margin of Bukit Asam Tbk PT (PTBA)?
What is the return on equity of Bukit Asam Tbk PT (PTBA)?
What is the EBIT return on assets of Bukit Asam Tbk PT (PTBA)?
What is the operating margin of Bukit Asam Tbk PT (PTBA)?
How fast is revenue growing at Bukit Asam Tbk PT (PTBA)?
How fast are earnings growing at Bukit Asam Tbk PT (PTBA)?
How much net cash does Bukit Asam Tbk PT (PTBA) hold?
Watch Bukit Asam Tbk PT in the live analysis
One click puts Bukit Asam Tbk PT on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.