JKON.JK
Jaya Konstruksi Manggala Pratama Tbk PT
Price:  
76 
IDR
Volume:  
5,524,800
Indonesia | Construction & Engineering

JKON.JK DCF Valuation - Growth Exit 5Y

80.5 %
Upside

What is the DCF valuation of JKON.JK?

The Discounted Cash Flow (DCF) valuation of Jaya Konstruksi Manggala Pratama Tbk PT (JKON.JK) is 137.20 IDR. With the latest stock price at 76.00 IDR, the upside of Jaya Konstruksi Manggala Pratama Tbk PT based on DCF is 80.5%.

Is JKON.JK a buy or a sell?

Based on the latest price of 76.00 IDR and our DCF valuation, Jaya Konstruksi Manggala Pratama Tbk PT (JKON.JK) is a buy. Buying JKON.JK stocks now will result in a potential gain of 80.5%.

Range Selected
WACC / Discount Rate10.2% - 12.8%11.5%
Long-term Growth Rate 1.0% - 3.0%2.0%
Fair Price113.69 - 175.61137.20
Upside49.6% - 131.1%80.5%
76.00 IDR
Stock Price
137.20 IDR
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

JKON.JK DCF Valuation: Revenue & Expenses Forecast

(IDR in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue3,875,3213,719,2763,895,4964,068,8404,211,3324,416,317
% Growth
15%-4%5%4%4%5%
Cost of goods sold(3,261,119)(3,067,209)(3,148,283)(3,222,610)(3,268,757)(3,359,306)
% of Revenue84%82%81%79%78%76%
Selling, G&A expenses(452,515)(434,293)(454,870)(475,111)(491,750)(515,686)
% of Revenue12%12%12%12%12%12%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses67,22664,51967,57670,58373,05576,611
% of Revenue2%2%2%2%2%2%
Tax expense(39,824)(55,066)(70,209)(86,162)(102,192)(120,540)
Tax rate17%20%20%20%20%20%
Net profit189,090227,226289,710355,540421,688497,397
% Margin5%6%7%9%10%11%