Obermatt

Bayan Resources

JKT:BYAN · ID1000111701
Oil, Gas & Consumable FuelsX-Large

360

22
Medium confidence — indicative
Profit price21
Owner Earnings Yield54
Dividend Yield1
Price/Sales3
EV / Gross Profit12
Price/Book5
Return on Capital94
Cash Return on Capital94
Return on Equity84
EBIT Margin57
Gross Profitability87
Cash Conversion12
Accruals37
Owner Earnings Margin78
Sales growth27
Profit Growth31
Long-Term EPS Growth12
Owner Earnings Growth31
Reinvestment57
Price momentum7
Debt load70
Refinancing44
Debt Payback100
Liquidity100
Analyst ratings
Expectations trend
Market mood52
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Bayan Resources clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryIndonesia
IndustryOil, Gas & Consumable Fuels
SizeX-Large
TypePublic Company
ExchangeIDX
Employees659
ISINID1000111701
Last UpdateApr 2, 2026
Themes
Mining TechnologyMineralMining

Description

PT Bayan Resources Tbk., together with its subsidiaries, engages in the coal mining and sale. Business Segments The company operates through the coal and non-coal operations. Coal The coal segment has a wider geographical and operational reach, e…

Analysis

Hope premium

PT Bayan Resources Tbk. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.8×; owner earnings: the cash an owner could take out each year.

Growth is weak; the safety picture is uncertain. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
8
20232026

All-time high

79

Jan 2023

All-time low

5

Feb 2026

Average rank

31

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
3
Price/Earnings
16
95
Price/Book
5
23
Dividend Yield
1
99
Value (overall)
4
34

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →