PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) GF Value Rank : 6 (As of May. 20, 2024)

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What is PT Jasa Marga (Persero) Tbk GF Value Rank?

PT Jasa Marga (Persero) Tbk has the GF Value Rank of 6.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of PT Jasa Marga (Persero) Tbk's GF Value Rank

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Jasa Marga (Persero) Tbk's GF Value Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's GF Value Rank distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's GF Value Rank falls into.

PT Jasa Marga (Persero) Tbk GF Value Rank Related Terms

Thank you for viewing the detailed overview of PT Jasa Marga (Persero) Tbk's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Jasa Marga (Persero) Tbk (OTCPK:PTJSY) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

PTJSF:USA JSMR:Indonesia 0JM:Germany

Address

Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550

Website

https://www.jasamarga.com

PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Headlines

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