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PT Steady Safe Tbk (SAFE) Fair Value & Analysis

Industrials · ID · Market cap 248B IDR

PS PT Steady Safe Tbk SAFE · JK
Price316.00 IDR
Fair Value923.13 IDR
Upside+192.1%
Quality95/100
Evidence: High Range 698.83 IDR – 1,147 IDR

Fair value as of: Jun 25, 2026

From 23 valuation models · updated 4 days ago

Share price −3.7% over the past month.

Price vs Fair Value (12 months)

440.00 IDR 169.00 IDR Fair Value 923.13 IDR Jun 2025 Jun 2026

12‑month range 169.00 IDR – 440.00 IDR · fair‑value band 698.83 IDR – 1,147 IDR · the 316.00 IDR price screens below the 923.13 IDR fair value. As of Jun 25, 2026.

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Analysis

PT Steady Safe Tbk (SAFE) currently trades at 316.00 IDR, while our model-based Fair Value estimate is 923.13 IDR — implying the stock looks roughly 192.1% undervalued today. We read business quality at 95/100 (high 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 Steady Safe Tbk generated revenue of 203B IDR at a net margin of 16.7%. Revenue declined 10.8% year over year. It earns a return on equity of 98.5%. The balance sheet holds a net cash position of 21.3B IDR. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 203B IDR
Revenue growth (YoY) -10.8%
Net margin 16.7%
Return on equity 98.5%
Free cash flow 59.4B IDR FY2025
P/E ratio 5.5
More key figures
Operating margin 13.7%
EPS (TTM) 55.30 IDR
EPS growth (YoY) -49.0%
Net cash 21.3B IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

PT Steady Safe Tbk provides bus transportation services in Indonesia. The company operates through the Land Transportation and Financial Services segments. It is also involved in the provision of financing, limousine rental, and taxi services. The company was formerly known as PT. Tanda Widjaja Sakti and changed its name to PT Steady Safe Tbk in December 1993. PT Steady Safe Tbk was founded in 1971 and is headquartered in Jakarta, Indonesia. PT Steady Safe Tbk is a subsidiary of PT Infiniti Wahana.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Steady Safe Tbk reported revenue of 210B IDR in FY2025 versus 161B IDR in FY2021, a compound +6.8%/yr. Reported net income was 39.5B IDR in FY2025, compounding +165.8%/yr from FY2021.

Revenue +6.8%/yr
FY21 161B IDR
FY22 253B IDR
FY23 243B IDR
FY24 234B IDR
FY25 210B IDR
Net income +165.8%/yr
FY21 792M IDR
FY22 10.3B IDR
FY23 19.7B IDR
FY24 27.3B IDR
FY25 39.5B IDR

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6 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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CSX Corporation CSX $46.41 $9.49 -80%
Canadian Pacific Kansas City Limited CP $85.29 $49.10 -42%
Canadian National Railway Company CNI $114.13 $92.95 -19%
Norfolk Southern Corporation NSC $313.45 $81.84 -74%
Westinghouse Air Brake Technologies Corporation WAB $260.40 $132.12 -49%

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Frequently asked questions

Is PT Steady Safe Tbk (SAFE) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 923.13 IDR versus a price of 316.00 IDR — about +192% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SAFE?
Our 21-model fair value for PT Steady Safe Tbk is 923.13 IDR (as of Jun 25, 2026), built from audited fundamentals. The current price is 316.00 IDR.
What is the quality score of SAFE?
PT Steady Safe Tbk has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Steady Safe Tbk (SAFE)?
PT Steady Safe Tbk reported trailing-twelve-month revenue of about 203B IDR (latest available figure, as of Jun 25, 2026).
What is the net profit margin of SAFE?
The net profit margin of PT Steady Safe Tbk is about 16.7%, meaning it keeps roughly 16.7% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.