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PT Sunindo Pratama Tbk (SUNI) Fair Value & Analysis

Energy · ID · Market cap 1.4T IDR

PS PT Sunindo Pratama Tbk SUNI · JK
Price720.00 IDR
Fair Value773.63 IDR
Upside+7.5%
Quality50/100
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Expensive Growth
Solidly profitable · 17.7% net margin
Low debt · negative free cash flow
Mixed vs. peers (7/13)
Moderate moat 62/100
Evidence: High Range 569.94 IDR – 2,978 IDR Share as image

Fair value as of: Jul 16, 2026

From 17 valuation models · updated 25 days ago

Share price +19.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (569.94 IDR to 2,978 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (4 years)

1,027 IDR 253.99 IDR Fair Value 773.63 IDR Jan 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

43‑month range 253.99 IDR – 1,027 IDR · fair‑value band 569.94 IDR – 2,978 IDR · the 720.00 IDR price screens below the 773.63 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

PT Sunindo Pratama Tbk (SUNI) currently trades at 720.00 IDR, while our model-based Fair Value estimate is 773.63 IDR, implying the stock looks roughly 7.5% fairly valued today. The Quality Score stands at 50/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, PT Sunindo Pratama Tbk generated revenue of 824B IDR at a net margin of 17.7%. Revenue declined 50.6% year over year. It earns a return on equity of 16.7%. Net debt stands at 68.9B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 569.94 IDR (bear case) to 2,978 IDR (bull case); at 720.00 IDR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -36% fair-value upside, at 7%, SUNI screens cheaper 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
Residual Income 569.94 IDR 773.63 IDR 4,477 IDR 76
ROIC Compounder 1,068 IDR 1,725 IDR 2,172 IDR 72
Gordon GGM 199.86 IDR 436.34 IDR 734.15 IDR 70
All 17 models by family
DCF Models
Owner Earnings 38.89 IDR 110.79 IDR 268.48 IDR 31
Earnings-Based
Graham-Dodd 547.02 IDR 3,815 IDR 5,354 IDR 54
Lynch FV 1,604 IDR 2,291 IDR 2,978 IDR 50
PEG = 1.0 1,604 IDR 2,291 IDR 2,978 IDR 46
EPV 768.56 IDR 906.78 IDR 1,030 IDR 59
Dividend Discount
Gordon GGM 199.86 IDR 436.34 IDR 734.15 IDR 70
DDM Multi-Stage 199.86 IDR 357.43 IDR 454.73 IDR 61
Multiples
P/E Multiple 844.66 IDR 1,126 IDR 1,408 IDR 63
P/S Multiple 367.42 IDR 489.89 IDR 612.36 IDR 58
P/B Multiple 476.05 IDR 634.74 IDR 793.42 IDR 55
EV/EBIT 738.85 IDR 990.01 IDR 1,241 IDR 53
EV/EBITDA 464.50 IDR 624.22 IDR 783.93 IDR 54
EV/Revenue 328.28 IDR 475.25 IDR 622.21 IDR 43
Asset-Based
NCAV (Graham) 176.32 IDR 236.26 IDR 352.63 IDR 50
Economic Profit
Residual Income 569.94 IDR 773.63 IDR 4,477 IDR 76
ROIC Compounder 1,068 IDR 1,725 IDR 2,172 IDR 72
Growth Earnings
Growth-Adj P/E 1,746 IDR 2,494 IDR 3,242 IDR 68

Widest divergence: Growth Earnings (2,494 IDR) versus DCF Models (110.79 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 824B IDR
Revenue growth (YoY) -50.6%
Net margin 17.7%
Return on equity 16.7%
Free cash flow −107B IDR FY2025
P/E ratio 9.8
More key figures
Operating margin 13.7%
EPS (TTM) 60.42 IDR
EPS growth (YoY) -71.3%
Net debt 68.9B IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 52 · Market factors (momentum, volatility) 49

Profitability 74
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 96
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 Sunindo Pratama Tbk engages in distributing products and providing services with focus in oil and gas industries in Indonesia and internationally. The company offers oil country tubular goods; roller cone bit and PDC drill bits; wellheads and Xmas tree products; and completion equipment.

Full company description

PT Sunindo Pratama Tbk engages in distributing products and providing services with focus in oil and gas industries in Indonesia and internationally. The company offers oil country tubular goods; roller cone bit and PDC drill bits; wellheads and Xmas tree products; and completion equipment. It also provides wellhead and christmas Tree maintenance services, including integrity test for valves, connection, seal element, monitoring and recording of well pressure, and reporting any equipment defect and anomalies found at the wellsite; and visual inspection for further equipment database, such as flowing tubing and all annulus pressure; and equipment lubrication for valves and function test manual valves. It also offers customized equipment; daily report for all wellhead and christmas tree condition; preventive maintenance and corrective action recommendation services; and dedicated workshop for wellhead and christmas tree repair and maintenance services. in addition, it provides drill pipe rental or supply, barge, polymer flooding, zonal water injection, and other EOR technology. PT Sunindo Pratama Tbk was founded in 2002 and is based in Jakarta Selatan, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Sunindo Pratama Tbk reported revenue of 982B IDR in FY2025 versus 318B IDR in FY2021, a compound +32.6%/yr. Reported net income was 194B IDR in FY2025, compounding +69.7%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
982B IDR
Latest YoY
−6.2%
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.
+36.4%
Avg. growth/yr (6Y) 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.
+9.6%
Revenue +32.6%/yr
FY21 318B IDR
FY22 540B IDR
FY23 762B IDR
FY24 1.0T IDR
FY25 982B IDR
Net income +69.7%/yr
FY21 23.3B IDR
FY22 62.8B IDR
FY23 101B IDR
FY24 207B IDR
FY25 194B IDR

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Cite: Fair Value Calculator (2026). "PT Sunindo Pratama Tbk Fair Value". https://www.fairvalue-calculator.com/stock/SUNI

Peer Group

Oil & Gas Equipment & Services · 191 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 50 · Below median
Fair Value upside +7% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth -51% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.18× · Higher than median

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than 75% of peers
P/B 1.69× · Pricier than median
P/S (TTM) 1.74× · Pricier than median
EV/EBITDA 7.7× · Cheaper than median

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 43 · sector 0
FUTURE 0 · sector 0
PAST 67 · sector 28
HEALTH 91 · sector 92
DIVIDEND 0 · sector 31

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 836.00 MXN 533.97 MXN -36%
Baker Hughes Company BKR $55.95 $33.55 -40%
TechnipFMC plc FTI $74.57 $27.57 -63%
Halliburton Company HAL $35.22 $21.50 -39%
Tenaris S.A TS $57.16 $45.68 -20%
Yantai Jereh Oilfield Services Group 002353 ¥138.79 ¥34.17 -75%
Saipem SpA SPM €4.20 €2.72 -35%
Subsea 7 S.A SUBC kr 319.00 kr 227.98 -29%
China Oilfield Services Limited 601808 ¥12.08 ¥12.64 +5%
Gaztransport & Technigaz SA GTT €188.10 €95.01 -49%

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Frequently asked questions

Is PT Sunindo Pratama Tbk (SUNI) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 773.63 IDR versus a price of 720.00 IDR, about +7% (fairly valued).
What is the fair value of SUNI?
Our model-based fair value for PT Sunindo Pratama Tbk is 773.63 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 720.00 IDR.
What is the quality score of SUNI?
PT Sunindo Pratama Tbk has a Quality Score of 50/100. 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 Sunindo Pratama Tbk (SUNI)?
PT Sunindo Pratama Tbk reported trailing-twelve-month revenue of about 824B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SUNI?
The net profit margin of PT Sunindo Pratama Tbk is about 17.7%, meaning it keeps roughly 17.7% 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.

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