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PT Indo Tambangraya Megah Tbk (PTIZF)

NEUTRAL
EnergyThermal CoalIndonesia

Fundamental

52

Precio

$25400.00

Capitalización Bursátil

$28.32T

Parte 1 · Cuánto vale la empresa

Resumen

PT Indo Tambangraya Megah mines thermal coal in East Kalimantan, Indonesia, primarily for use as fuel in coal-fired power plants. Coal is extracted at open-pit mines, several run through subsidiaries and mining-contractor partnerships, then transported and sold both to power utilities within Indonesia and, for a larger share, exported to buyers across Asia, with China historically its largest single export market. The company also offers mining-contractor services to other operators and has begun smaller ventures in solar-rooftop installation and electricity generation.

Cómo genera ingresos

Revenue is production volume multiplied by the price coal fetches on international markets, which move with Asian power-generation demand and competing fuel prices. Indonesian regulation requires miners to sell a minimum share of output domestically at a government-set price below export levels, so the domestic-versus-export mix affects average realized prices as well as volume. 2025 revenue fell 18% from 2024 as coal prices declined, illustrating how directly the business tracks the commodity cycle rather than any pricing power of its own.

Ventaja competitiva

Sin ventaja identificada · Ninguna

Thermal coal is a commodity priced on global markets, and Indo Tambangraya's mines compete against many other Indonesian and international producers with similar geology and costs. Indonesia's domestic-market-obligation rule applies to all producers equally rather than favoring this company specifically, and no patented technology, brand or contractual lock-in was found protecting its position.

Qué impulsa la demanda

Cíclico

Revenue tracks global thermal coal prices and Asian power-generation demand, both of which swing with economic growth, weather-driven electricity use, and the pace at which importing countries build renewable or gas-fired alternatives to coal plants. The 18% revenue decline in 2025 as coal prices fell shows how directly results follow the commodity cycle rather than steady, planned demand.

Los argumentos a favor

Buyers argue that Asian coal-fired power generation, particularly in China and other developing economies, will remain a major source of electricity demand for years, and that Indo Tambangraya's established Kalimantan mines and export relationships position it to keep supplying that demand at competitive cost.

Los argumentos en contra

Sellers worry that 2025's 18% revenue decline shows the business has no protection from falling coal prices, that the global shift toward renewable energy threatens long-run demand for thermal coal, and that Indonesia's domestic-market-obligation rules can reduce the export volume available at the higher price when international demand is strong.

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance y Liquidez

Ingresos

$1.90B

Últimos 12 meses (hasta 31/3/2026)

Beneficio Neto

$181M

Últimos 12 meses (hasta 31/3/2026)

Flujo de Caja Libre

$203M

Patrimonio Neto Total

$1.92B

Pasivo Total

$99M

Ratio de Liquidez

3.46

Cobertura de Intereses

-

Deuda/EBITDA

0.34

Beneficio Por Acción

Ingresos y Beneficio Neto

Flujo de Caja Libre

Desglose de Ingresos

Estado histórico

Márgenes en el tiempo

La deuda en el tiempo

Cuánto pesa la deuda

Cuadro de crecimiento

Crecimiento — Ingresos

Estimación de Valor Justo

Infravalorado

Valor Justo

$40426.05

Precio Actual

$25400.00

Margen de Seguridad

+37.2%

Rango de Valor Justo

$26276.93 - $54575.16

Métodos de Estimación

Analyst Target:$27608.29
DCF:$9.11
PE-based:$17850.55
Graham Growth:$174356.58
EPV:$2.32
Consenso de Analistas:Comprar (11B / 5H / 1S)
Última Sorpresa de Resultados:+74.83%

Métricas de Valoración

Ratio P/E

7.50

ROE

11.1%

Ratio P/B

14741.73

P/FCF

139358.18

Margen Bruto

27.2%

ROIC

9.8%

Radar de Rentabilidad

Value Creation (Economic Moat)

ROIC

9.8%

WACC

8.0%

ROIC − WACC

+1.8 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Criterios de Análisis Fundamental

Superado (11)

  • Price CAGR 5.33%
  • ROIC 9.8%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • ROE 9.5%
  • Revenue Growth 5Y 9.7%
  • Analyst Consensus 65% Buy
  • Earnings Surprise avg 20.8%
  • PEG Ratio 0.24

Fallido (8)

  • Gross Margin 27.2%
  • P/FCF 139358.18
  • P/B Ratio 14741.73
  • CapEx intensity
  • DCF valuation (Overvalued)
  • Earnings Quality (OCF/NI) 0.35
  • Net Margin Trend 10.2% vs 16.2%
  • Piotroski F-Score 1/9

No disponible (8)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Share Dilution (missing shares data)

Piotroski F-Score

1/9

Preocupaciones financieras graves

score
criteria

Calidad de los Beneficios

0.35

Baja calidad: investigue la contabilidad

Dilución de Acciones

-

Recomprando acciones. Favorable para el accionista

Gobernanza

Equipo Directivo

NombreCargoEdad
Mr. Mulianto .President Director55
Mr. Junius Prakasa DarmawanDirector of Finance & Director46
. AnthonyHead of Financial Accounting-
Mr. Yulius Kurniawan GozaliDirector of Corporate Communications & Investor Relations and Director52
Ms. Monika Ida KrisnamurtiHead of Legal & Corporate Secretary42
Tulus Sebastian SitumeangHead of Sales Compliance & Quality Management-
Mr. Jusnan RuslanDirector of Sales & Logistics and Director59
Mr. Stephanus Demo WawinDirector of Digital Center of Excellence & Director54
Mr. Ignatius WurwantoDirector for Sustainability & Risk Management and Director59
Era Tjahya SaputraHead of IMM Mine-

Parte 2 · El precio y el momento de entrar

Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.

Latest News

Recent headlines for PTIZF, sourced from Markets Gazette.

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