Bumi Resources Minerals Tbk PT

Bumi Resources Minerals Tbk PT maintains a conservative capital structure with a debt-to-equity ratio of 0.15 and a current ratio of 3.04, indicating strong short-term liquidity coverage. However, the company reports negative net cash position after subtracting total debt from cash equivalents, which are reported as zero, alongside long-term debt of $189.8 million. The firm generated $64.9 million in operating cash flow but incurred $69.2 million in capital expenditures, resulting in negative free cash flow of $10.0 million.

Profitability metrics show a return on equity of 3.13% and a return on assets of 2.98%, which are modest returns on the company's $1.31 billion in total assets. The company achieved a gross profit of $140.2 million on revenues of $249.4 million, yielding a gross margin of approximately 56.2%, and an operating income of $86.7 million. Net income stood at $50.0 million, reflecting effective cost control despite the heavy capital investment cycle.

Segment and geographic revenue breakdowns are not provided in the available data, preventing analysis of revenue concentration or specific regional exposure. The company's activity is broadly classified under Metals & Mining, suggesting exposure to commodity price cycles typical of the sector.

Growth trajectory analysis is limited due to the absence of historical period data in the input, preventing year-over-year revenue or earnings trend assessment. The current financial snapshot reflects a single normalized period, offering a static view of performance rather than a dynamic growth profile.

Risk assessment indicates medium liquidity risk and low dilution risk, with a key flag noting the negative net cash position. The company's valuation multiples are extremely elevated, with a P/E ratio of 1,830,933.43 and an EV/EBITDA of 1,075,456.67, suggesting the market price may not be fully aligned with current earnings power or that earnings are temporarily depressed.

Recent IR observations show a mean analyst price target of $1,043.33, significantly higher than the current market price of $505.00, with a mean recommendation of 2.00 (Buy). Analyst sentiment is mixed but leaning positive, with two strong buys, two buys, and two holds, indicating potential upside expectations despite current valuation anomalies.

Analysts project 85.9% upside to a mean price target of 1,124.67, reflecting strong buy consensus from six analysts.

Debt-to-equity ratio of 0.15 is well below the cohort median of 0.35, indicating a conservative leverage profile.

Cash conversion ratio of 1.66 exceeds the cohort median of 1.2, demonstrating superior efficiency in generating cash from earnings.

The company faces medium liquidity and credit risks, posing potential challenges to financial stability and borrowing costs.

Revenue $65.8M, +22,1% YoY; Operating income +64,8% YoY.

• ▍Revenue $65.8M, +22,1% YoY
• ▍Operating income +64,8% YoY
• ▍Net income +38,2% YoY
• ▍Free cash flow −788,8% YoY
• ▍Net margin 18.4%

Revenue $62.7M, +32,9% YoY; Operating income +58,4% YoY.

• ▍Revenue $62.7M, +32,9% YoY
• ▍Operating income +58,4% YoY
• ▍Net income +123,1% YoY
• ▍Free cash flow −105,0% YoY
• ▍Net margin 23.8%

Revenue $249.4M, +53,6% YoY; Operating income +102,6% YoY.

• ▍Revenue $249.4M, +53,6% YoY
• ▍Operating income +102,6% YoY
• ▍Net income +104,9% YoY
• ▍Free cash flow −173,1% YoY
• ▍Net margin 20.1%

Revenue $162.3M, +248,1% YoY; Operating income +150,3% YoY.

• ▍Revenue $162.3M, +248,1% YoY
• ▍Operating income +150,3% YoY
• ▍Net income +75,3% YoY
• ▍Free cash flow +173,9% YoY
• ▍Net margin 15.0%

Revenue $46.6M, +300,5% YoY; Operating income +1 508,1% YoY.

• ▍Revenue $46.6M, +300,5% YoY
• ▍Operating income +1 508,1% YoY
• ▍Net income +1,9% YoY
• ▍Free cash flow +83,4% YoY
• ▍Net margin 29.8%

Revenue $10.6M; Operating income $863.0k.

• ▍Revenue $10.6M
• ▍Operating income $863.0k
• ▍Net margin 653.4%