SMRA.JK
Summarecon Agung Tbk PT
Price:  
374 
IDR
Volume:  
29,393,500
Indonesia | Real Estate Management & Development

SMRA.JK DCF Valuation - Growth Exit 5Y

43.6 %
Upside

What is the DCF valuation of SMRA.JK?

The Discounted Cash Flow (DCF) valuation of Summarecon Agung Tbk PT (SMRA.JK) is 537.05 IDR. With the latest stock price at 374.00 IDR, the upside of Summarecon Agung Tbk PT based on DCF is 43.6%.

Is SMRA.JK a buy or a sell?

Based on the latest price of 374.00 IDR and our DCF valuation, Summarecon Agung Tbk PT (SMRA.JK) is a buy. Buying SMRA.JK stocks now will result in a potential gain of 43.6%.

Range Selected
WACC / Discount Rate7.8% - 11.0%9.4%
Long-term Growth Rate 1.0% - 3.0%2.0%
Fair Price306.5 - 1,017.26537.05
Upside-18.0% - 172.0%43.6%
374.00 IDR
Stock Price
537.05 IDR
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

SMRA.JK DCF Valuation: Revenue & Expenses Forecast

(IDR in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue10,623,3558,283,0628,519,2799,396,6569,924,32510,476,109
% Growth
60%-22%3%10%6%6%
Cost of goods sold(5,162,449)(4,025,177)(4,139,967)(4,566,331)(4,822,753)(5,090,894)
% of Revenue49%49%49%49%49%49%
Selling, G&A expenses(1,605,861)(1,252,095)(1,287,802)(1,420,429)(1,500,193)(1,583,603)
% of Revenue15%15%15%15%15%15%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses(1,991,006)(1,552,393)(1,596,665)(1,761,101)(1,859,995)(1,963,410)
% of Revenue19%19%19%19%19%19%
Tax expense(21,820)(7,266)(7,473)(8,243)(8,705)(9,189)
Tax rate1%0%0%0%0%0%
Net profit1,842,2191,446,1311,487,3721,640,5531,732,6781,829,013
% Margin17%17%17%17%17%17%