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PT TBS Energi Utama Tbk (TOBA.JK)

IDR460.00 -4.00 (-0.86%)
ID JKT Energy Coal
Address Treasury Tower 12190
Jakarta, ID
CEO Dicky Yordan
IPO 2012-07-06
ISIN ID1000123409

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Description

Established in 2007 and headquartered in Jakarta, PT TBS Energi Utama Tbk, formerly known as PT Toba Bara Sejahtra Tbk, operates as a subsidiary of Highland Strategic Holdings Pte. Ltd. This diversified company engages in various sectors both domestically in Indonesia and on the global stage, primarily focusing on coal mining, palm oil production, and power generation. Its coal mining operations include significant stakes in three mines located in Sangasanga, Kutai Kartanegara, East Kalimantan: Adimitra Baratama Nusantara (2,990 hectares), Trisensa Mineral Utama (3,414 hectares), and Indomining (683 hectares). Beyond mining, the company also actively trades coal and handles the wholesale and retail distribution of vehicles. In the agricultural sector, it manages an extensive palm oil cultivation area totaling 8,633 hectares across the Muara Jawa, Sangasanga, and Loa Janan Districts within Kutai Kartanegara Regency, East Kalimantan. Additionally, PT TBS Energi Utama Tbk functions as an independent power producer.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
IDR460.00 -4.00 (-0.86%)
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Volume Profile
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Liquidity & share structure
Average Volume
13M
Beta
0.69
Float Shares
2.13B
Free Float %
25.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -5.29% -24.56% -42.67% -48.50% -43.42% -5.70% +14.36% -12.60% +168.75% -19.06%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
460.00
DCF (Unlevered) 320.61 -30.3%
DCF (Levered) 88.64 -80.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.59
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Coal: -9.5%
    -18.9% Q1'26: +20.6% (vs Q1'25)
  • EPS growth Coal: -15.8%
    -654.3% Q1'26: +85.1% (vs Q1'25)
  • FCF margin FCF growth · Coal: +4.7%
    -11.3% Q1'26: +7.3% (vs Q1'25)
  • EBIT margin Coal: +10.5%
    -11.0% Q1'26: -2.9% (vs Q1'25)
  • ROIC Coal: +3.2%
    -7.9% Q1'26: -1.9% (vs Q1'25)
  • Share dilution Coal: +0.0%
    +1.1% Q1'26: +1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Coal: -0.13×
    11.81× Q1'26: 95.62× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 34% × Ke + 66% × Kd (6.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 320.61 Current price: 460.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
361.37M
est: 27.1K (+1,332,387.5%)
39.6K
39.6K – 39.6K
+46.0% YoY
44.2K
44.2K – 44.2K
+11.5% YoY
EBITDA
33.30M
est: 5.1K (+653,282.5%)
7.4K
7.4K – 7.4K
+46.0% YoY
8.3K
8.3K – 8.3K
+11.5% YoY
EBIT
-39.91M
est: 3.9K (-1,035,618.0%)
5.6K
5.6K – 5.6K
+46.0% YoY
6.3K
6.3K – 6.3K
+11.5% YoY
Net Income
-160.28M
est: -5.4K (-2,941,283.1%)
3.5K
3.5K – 3.5K
+163.6% YoY
3.5K
3.5K – 3.5K
+0.0% YoY
SGA
50.49M
est: 1.3K (+3,804,651.7%)
1.9K
1.9K – 1.9K
+46.1% YoY
2.2K
2.2K – 2.2K
+11.5% YoY
EPS
-0.02
est: 0.00 (-2,939,293.9%)
0.00
0.00 – 0.00
+163.6% YoY
0.00
0.00 – 0.00
+0.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-05-26 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-25 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-22 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-21 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-05-20 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-19 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-18 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-13 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-12 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-11 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-08 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-07 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-06 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-05 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-05-04 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C- 1/5 2/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-17.02M
OE per share TTM
0.00
Owner's Yield
0.00%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
28.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.00% 23.5K 0.65%
2 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 24.5K 0.29%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 22.5K 0.39%
4 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 15.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-44.5K
Shares Outstanding
8.25B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Alvin Firman Sunanda Chief Administrative Officer & Director male
Arto Nafarain Senior Vice President of Finance & Accounting male
Dicky Yordan President Director & CEO male
Juli Oktarina Chief Financial Officer & Director female
Metz Manurung Senior Vice President of Human Capital male
Mirza Rinaldy Hippy Senior Vice President of Corporate Finance & Investor Relations male
Mufti Utomo Chief Investment Officer & Director male
Nafi Sentausa Senior Vice President of Corporate Strategy & Investor Relations male
Pingkan Ratna Melati Senior Vice President of Legal & Corporate Secretary female
Sudharmono Saragih Chief Operating Officer & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits