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Data-driven stock valuation

Petrosea Tbk (PTRO) fair value: what the stock is really worth

As of Oct 23, 2026: fair value (intrinsic value) of Petrosea Tbk stock IDR 727, price IDR 3,090, upside -76.5%, quality 35 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Basic Materials · ID · ISIN ID1000122401

PT Petrosea Tbk logo Thin data Oct 18, 2026

Petrosea Tbk

PTRO · JK

Weakest SetupStrongly overvalued and low quality.

Our calculation puts a fair price 76% below what the stock costs today.

Expensive Growth (revenue 5y +20.8 %/yr in USD)
Thin margins · 3.5% net margin (TTM)
Fair value 727.40 IDR · Strongly overvalued (−76.5%)
Quality 35/100
High debt
Negative free cash flow
Trails peers (5/14)
Narrow moat 36/100 · thin data
Thin data
⟳ Cyclical

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

12,900 IDR 145.34 IDR Fair Value 727.40 IDR May 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 18, 2026.

How to read this chart

60‑month range 145.34 IDR – 12,900 IDR · fair‑value band 509.18 IDR – 945.62 IDR · the 3,090 IDR price screens above the 727.40 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 18, 2026.

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Company profile

PT Petrosea Tbk provides engineering, construction, mining, and other services to the oil and gas, infrastructure, and industrial and manufacturing in Indonesia and internationally. It operates through four segments: Mining, Services, Engineering and Construction, and EPCI-offshore oil and gas.

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The Mining segment provides mining contract services, including overburden stripping, drilling, blasting, lifting, hauling, mine, and mine partnering services, as well as engages in the sale of coal. The Services segment offers supply base facilities and port services.

The Engineering and Construction segment provides a range of engineering, procurement, and construction services, as well as equipment hire services. This segment also supplies skilled trade personnel.

The EPCI-offshore oil and gas segment provides engineering, procurement, construction, and installation services to the offshore oil and gas sector, including subsea pipeline installation, platform construction, subsea structure works, and marine infrastructure support.

The company also provides investment, agriculture, processing industry, trading, port management, port operation, transportation, contracting and rendering, and warehouse services, as well as geology solutions. The company was incorporated in 1972 and is headquartered in Jakarta Barat, Indonesia.

Stock analysis

Petrosea Tbk (PTRO) currently trades at 3,090 IDR, while our model-based Fair Value estimate is 727.40 IDR, 76.5% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 865.68 IDR per share, and 0 of the 12 models we run sit above the 3,090 IDR price.

Bear case: the Asset-Based group reads lowest at 128.21 IDR, and 12 of the 12 models stay below the price. Data coverage for this calculation is low.

Scenario range: 509.18 IDR (bear) to 945.62 IDR (bull), the price of 3,090 IDR sits above 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 35/100 (below-average quality), in the Basic Materials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Petrosea Tbk reported revenue of $876M in FY2025 versus $416M in FY2021, a compound +20.5%/yr. Reported net income was $28.5M in FY2025, compounding −4.2%/yr from FY2021.

Key figures

Market cap 31.9T IDR (≈ $1.8B) Small · P/E ratio 62.0 · P/S ratio 2.02 · EPS (TTM) 49.82 IDR · Dividend yield 0.3% · Net margin 3.2% · Return on equity 11.5% · Return on assets (EBIT) 6.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).

What moves the price

The share trades about 76% below its 52-week high and 1% 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 −76%, PTRO screens richer than that median.

Fair Value models

The price assumes far more growth than our models allow for, so the models scatter widely (128.21 IDR to 1,299 IDR). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear 509.18 IDR Fair Value 727.40 IDR Bull 945.62 IDR
Price 3,090 IDR · Upside -76.5%
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 (40.54 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.
Best data coverage
Residual Income 398.85 IDR 437.20 IDR 527.41 IDR 76
Gordon GGM 136.03 IDR 244.75 IDR 336.49 IDR 68
DDM Multi-Stage 136.03 IDR 223.76 IDR 261.50 IDR 67
All 12 models by family
Earnings-Based
Graham-Dodd 346.27 IDR 1,299 IDR 1,756 IDR 64
Lynch FV 313.32 IDR 447.61 IDR 581.89 IDR 61
PEG = 1.0 313.32 IDR 447.61 IDR 581.89 IDR 57
Dividend Discount
Gordon GGM 136.03 IDR 244.75 IDR 336.49 IDR 68
DDM Multi-Stage 136.03 IDR 223.76 IDR 261.50 IDR 67
Multiples
P/E Multiple 649.26 IDR 865.68 IDR 1,082 IDR 63
P/S Multiple 649.26 IDR 865.68 IDR 1,082 IDR 58
P/B Multiple 430.57 IDR 574.09 IDR 717.62 IDR 55
EV/EBITDA 603.17 IDR 1,252 IDR 1,902 IDR 64
Asset-Based
NCAV (Graham) 95.68 IDR 128.21 IDR 191.36 IDR 54
Economic Profit
Residual Income 398.85 IDR 437.20 IDR 527.41 IDR 76
Growth Earnings
Growth-Adj P/E 510.59 IDR 729.42 IDR 948.25 IDR 67

Open the full fair value analysis →

Quality Score breakdown

Overall quality 35/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 29
How much profit the company makes from its sales and capital
Quality Growth 60
Are margins and returns getting better?
Cashflow 27
Do the profits arrive as real cash?
Financial strength 29
Debt, balance sheet and risk of trouble
Investment 33
Does it invest with discipline instead of growing at any price?
Low Volatility 43
How calm the share price moves, does not count
Momentum 8
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 40
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+26.7%
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.
+22.5%
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.
+20.8%
Start year 2020 (pandemic). Over 10 years: +15.5% a year
Revenue growth 25 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.
−25.2%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−38.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−38.6%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−38.6% vs 2.4%, slowing
Profit margin 2020 to 2025 ⓘ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.13% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)

PTRO screens overvalued: fair value 76% below the price. Compare with Saudi Arabian Mining Company →

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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.Other Industrial Metals & Mining · 374 stocks

Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score 35 · Below median
Fair Value upside −76.5% · Bottom 25%
Profitability
Return on equity (12 months) 11.5% · Top 25%
Return on assets 1.8% · Above median
Net margin (12 months) 3.5% · Below median
Operating margin (12 months) 5.7% · Below median
Growth and dividend
Revenue growth (quarter YoY) 84.2% · Top 25%
Dividend yield (12 months) 0.3% · Bottom 25%
Balance sheet
Debt / equity 2.78× · Highest 25%

Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper

P/E (12 months) 62.0× · Priciest 25%
P/B 6.77× · Priciest 25%
P/S (12 months) 1.63× · Cheaper than median
EV/EBITDA 13.0× · Pricier than median
PEG 1.02× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)100 · sector 78
PAST (return on equity)46 · sector 0
HEALTH (low debt)0 · sector 95
DIVIDEND (yield)7 · sector 33

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

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

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Vedanta Limited VEDL ₹236.85 ₹613.43 +159% vs PTRO
Zhejiang Huayou Cobalt Co 603799 ¥31.74 ¥54.86 +73% vs PTRO
CMOC Group 603993 ¥14.15 ¥19.48 +38% vs PTRO
Saudi Arabian Mining Company 1211 58.80 SAR 64.68 SAR +10% vs PTRO
Hindustan Zinc Limited HINDZINC ₹525.00 ₹577.50 +10% vs PTRO
Western Mining Co 601168 ¥31.67 ¥34.84 +10% vs PTRO
Lynas Rare Earths Limited LYC A$11.38 A$12.04 +6% vs PTRO
Korea Zinc Company 010130 913,000 KRW 649,125 KRW −29% vs PTRO
Ivanhoe Mines Ltd IVN C$9.53 C$4.45 −53% vs PTRO
China Tungsten And Hightech Materials Co 000657 ¥44.00 ¥4.44 −90% vs PTRO

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Cite: Fair Value Calculator (2026). "Petrosea Tbk Fair Value". https://www.fairvalue-calculator.com/stock/PTRO

Frequently asked questions

Is Petrosea Tbk (PTRO) overvalued or undervalued?
As of Oct 18, 2026, our model estimates a fair value of 727.40 IDR versus a price of 3,090 IDR, about −76% upside (overvalued).
What is the fair value of PTRO?
Our model-based fair value for Petrosea Tbk is 727.40 IDR (as of Oct 18, 2026), built from audited fundamentals. The current price: 3,090 IDR.
What is the quality score of PTRO?
Petrosea Tbk has a Quality Score of 35/100. 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 Petrosea Tbk (PTRO)?
Our model-based price target is the fair value of 727.40 IDR (as of Oct 18, 2026) from 12 valuation models. Cautious scenario 509.18 IDR, optimistic scenario 945.62 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Petrosea Tbk stock forecast for 2026?
Our models put fair value at 727.40 IDR, about −76% upside versus a price of 3,090 IDR (overvalued). Cautious scenario 509.18 IDR, optimistic scenario 945.62 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Petrosea Tbk (PTRO)?
Petrosea Tbk reported trailing-twelve-month revenue of about $1.1B (latest available figure, as of Oct 18, 2026).
Does Petrosea Tbk pay a dividend?
Petrosea Tbk currently shows a dividend yield of 0.33% relative to its recent price (as of Oct 18, 2026).
What is the intrinsic value of Petrosea Tbk (PTRO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Petrosea Tbk it is 727.40 IDR per share (as of Oct 18, 2026), against a price of 3,090 IDR. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is Petrosea Tbk stock overvalued or undervalued in 2026?
As of Oct 18, 2026, PTRO trades above its calculated fair value: price 3,090 IDR, fair value 727.40 IDR, a gap of about −76% (overvalued). 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 PTRO?
No. The price is what the market pays today (3,090 IDR); the fair value is what the company's own numbers justify (727.40 IDR). For Petrosea Tbk the two are 2,363 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Petrosea Tbk worth?
The market values Petrosea Tbk at about 31.9T IDR (market capitalisation, as of Oct 18, 2026). Per share that is 3,090 IDR; our models calculate a fair value of 727.40 IDR per share.
What do the bullish and bearish scenarios say about PTRO?
Our models span a range for Petrosea Tbk: cautious scenario 509.18 IDR, base 727.40 IDR, optimistic 945.62 IDR per share (as of Oct 18, 2026, price 3,090 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PTRO?
Petrosea Tbk trades at a price-to-earnings ratio of 62.0 (as of Oct 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 727.40 IDR is built from several models across several years. Other multiples: PEG 1.0, P/B 6.8, P/S 1.6, EV/EBITDA 13.0.
What is the PEG ratio of PTRO?
The PEG ratio of Petrosea Tbk is 1.02 (P/E divided by earnings growth, as of Oct 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Petrosea Tbk (PTRO)?
Balance-sheet figures for Petrosea Tbk (as of Oct 18, 2026): return on equity 11.5%, debt of 2.78 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is PTRO from its 52-week high?
Petrosea Tbk trades at 3,090 IDR, about 76% below its 52-week high of 12,900 IDR and 1% above the low of 3,060 IDR (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of 727.40 IDR is for.
Which stocks are comparable to Petrosea Tbk?
From the same area (Basic Materials) we also value Saudi Arabian Mining Company, CMOC Group, Hindustan Zinc Limited, China Tungsten And Hightech Materials Co, 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 Petrosea Tbk stock attractive at the current price?
The data as of Oct 18, 2026: price 3,090 IDR, calculated fair value 727.40 IDR (−76%), Quality Score 35/100, from 12 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 PTRO calculated?
We run Petrosea Tbk through 12 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 727.40 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 12.3 % above its aggregate fair value. Petrosea Tbk itself currently trades above fair value. 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 Petrosea Tbk (PTRO)?
The closing price on Oct 23, 2026 was 3,090 IDR. Our model-based fair value is 727.40 IDR, about −76% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Petrosea Tbk right now?
The price sits above even our optimistic bull case (945.62 IDR). The favourable scenario is already priced in. Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (509.18 IDR to 945.62 IDR) leaves room in how you read the outcome.

Key figures of Petrosea Tbk

How large is the market capitalisation of Petrosea Tbk (PTRO)?
The market capitalisation of Petrosea Tbk is 31.9T IDR (≈ $1.8B). 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 Petrosea Tbk (PTRO)?
The price-to-sales ratio of Petrosea Tbk is 2.02 (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 Petrosea Tbk (PTRO)?
Earnings per share at Petrosea Tbk are 49.82 IDR (price ÷ EPS = P/E 62.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Petrosea Tbk (PTRO)?
The dividend yield of Petrosea Tbk is 0.3% (payout 20.6%). 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 Petrosea Tbk (PTRO)?
The net margin of Petrosea Tbk is 3.2% (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 Petrosea Tbk (PTRO)?
The return on equity (ROE) of Petrosea Tbk is 11.5% (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 Petrosea Tbk (PTRO)?
On an EBIT basis the return on assets of Petrosea Tbk is 6.2% (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 Petrosea Tbk (PTRO)?
The operating margin of Petrosea Tbk is 5.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Petrosea Tbk (PTRO)?
Revenue at Petrosea Tbk is growing +84.2% versus a year earlier (3y avg +22.5%). 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 Petrosea Tbk (PTRO)?
Earnings per share at Petrosea Tbk are growing +50.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Petrosea Tbk (PTRO) generate?
The free cash flow of Petrosea Tbk is −$377M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Petrosea Tbk (PTRO) carry?
The net debt of Petrosea Tbk is $751M (fiscal year 2025). 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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