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PT SMR Utama Tbk, through its subsidiaries, (SMRU) Fair Value & Analysis

Energy · ID · Market cap 625B IDR

PS PT SMR Utama Tbk, through its subsidiaries, SMRU · JK
Price50.00 IDR
Fair Value91.78 IDR
Upside+83.6%
Quality41/100
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Evidence: Low Range 36.65 IDR – 228.66 IDR

Fair value as of: Jul 12, 2026

From 2 valuation models · updated today

Fair value updated Jul 12, 2026 — revised from 2.85 IDR to 91.78 IDR (+3,120.4%) since Jun 24, 2026.

Price vs Fair Value (12 months)

50.00 IDR 50.00 IDR Fair Value 91.78 IDR Jul 2025 Jul 2026

12‑month range 50.00 IDR – 50.00 IDR · fair‑value band 36.65 IDR – 228.66 IDR · the 50.00 IDR price screens below the 91.78 IDR fair value. As of Jul 12, 2026.

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Analysis

PT SMR Utama Tbk, through its subsidiaries, (SMRU) currently trades at 50.00 IDR, while our model-based Fair Value estimate is 91.78 IDR — implying the stock looks roughly 83.6% undervalued today. We read business quality at 41/100 (below-average quality), in the Energy 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: low) — always confirm before acting.

Over the trailing twelve months, PT SMR Utama Tbk, through its subsidiaries, generated revenue of 534B IDR at a net margin of -52.3%. Revenue declined 15.0% year over year. It earns a return on equity of -94.5%. Net debt stands at 547B IDR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 36.65 IDR (bear case) to 228.66 IDR (bull case); at 50.00 IDR, the current price sits within that range. The share trades near its 52-week high, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -4% fair-value upside — at 84%, SMRU screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 534B IDR
Revenue growth (YoY) -15.0%
Net margin -52.3%
Return on equity -94.5%
Free cash flow −10.9B IDR FY2025
Operating margin -29.1%
More key figures
EPS (TTM) -13.41 IDR
Net debt 547B IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

PT SMR Utama Tbk, through its subsidiaries, engages in the mining, exploitation, and production of coal properties in Indonesia. The company also provides equipment, manpower, and technical expertise for infrastructure and mining facilities, including drilling, blasting and disposal of land, and rental coal mining equipment. In addition, it engages in trading and investing activities, as well as offers agency, construction, engineering, and industrial bureau services. Further, it operates as a mining contractor. The company was formerly known as PT Dwi Satria Jaya and changed its name to PT SMR Utama Tbk in November 2010. The company was founded in 2003 and is headquartered in Jakarta, Indonesia. PT SMR Utama Tbk is a subsidiary of PT Trada Alam Minera Tbk.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT SMR Utama Tbk, through its subsidiaries, reported revenue of 59.8B IDR in FY2025 versus 542B IDR in FY2021, a compound −42.4%/yr. Reported net income was −21.0B IDR in FY2025.

Revenue −42.4%/yr
FY21 542B IDR
FY22 497B IDR
FY23 322B IDR
FY24 80.1B IDR
FY25 59.8B IDR
Net income
FY21 −237B IDR
FY22 −18.1B IDR
FY23 −81.4B IDR
FY24 −92.2B IDR
FY25 −21.0B IDR

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Cite: Fair Value Calculator (2026). "PT SMR Utama Tbk, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/SMRU

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Frequently asked questions

Is PT SMR Utama Tbk, through its subsidiaries, (SMRU) undervalued?
As of Jul 12, 2026, our model estimates a fair value of 91.78 IDR versus a price of 50.00 IDR — about +84% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SMRU?
Our model-based fair value for PT SMR Utama Tbk, through its subsidiaries, is 91.78 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 50.00 IDR.
What is the quality score of SMRU?
PT SMR Utama Tbk, through its subsidiaries, has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT SMR Utama Tbk, through its subsidiaries, (SMRU)?
PT SMR Utama Tbk, through its subsidiaries, reported trailing-twelve-month revenue of about 534B IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of SMRU?
The net profit margin of PT SMR Utama Tbk, through its subsidiaries, is about -52.3%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.