Obermatt

Perusahaan Gas

JKT:PGAS · ID1000111602
Gas UtilitiesLarge

360

98
EV / EBIT97
Price / Owner Earnings41
Owner Earnings Yield100
Dividend Yield97
Price/Sales94
EV / Gross Profit96
Price/Book88
Return on Capital78
Cash Return on Capital94
Return on Equity67
EBIT Margin47
Gross Profitability61
Cash Conversion35
Accruals78
Owner Earnings Margin85
Sales growth28
Profit Growth67
Long-Term EPS Growth76
Owner Earnings Growth38
Reinvestment67
Price momentum31
Debt load71
Refinancing16
Debt Payback100
Liquidity86
Analyst ratings33
Opinion Changes50
Price Target Upside100
Market mood17
Value Creation12/20creating 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

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

Profile

CountryIndonesia
IndustryGas Utilities
SizeLarge
TypePublic Company
ExchangeIDX
Employees1,315
Websitepgn.co.id
ISINID1000111602
Last UpdateApr 2, 2026
Themes
Power GridOptical InfrastructureEnergy EfficiencyNetwork BackboneEnergy ManagementEnergy

Description

PT Perusahaan Gas Negara (Persero) Tbk, a premier state-owned gas company, primarily engages in the distribution and transmission of natural gas. The company established to enhance energy provision through pipelines, has made significant advancements…

Analysis

Hidden champion

PT Perusahaan Gas Negara (Persero) Tbk is what we call a hidden champion: a strong business that the market is not pricing as one.

The price is attractive. You pay 5.5× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -12% yearly growth; analysts expect 10%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
71
2023202420252026

All-time high

100

Jan 2025

All-time low

71

Jun 2026

Average rank

85

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
94
87
97
81
Price/Earnings
91
84
97
53
Price/Book
88
88
94
71
Dividend Yield
97
98
100
86
Value (overall)
100
98
100
80

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 →