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TMAS

Temas

Earned premiumPBV above 2x, but in line with its ROE.

This is an educational tool, not a recommendation to buy, sell or hold any stock. Figures come from Yahoo Finance automatically and can be late or wrong; check the official filings before deciding anything.

Data as of November 3, 2026 · Yahoo Finance

Net assets

Equity (net assets): Rp3.2T
Shares outstanding: 56.9 billion
Net assets per share: Rp57
Price: Rp115
PBV: 2.02x

Price is 102% above net assets.

Earning power

Trailing 12-month net profit: Rp922B
Earnings per share (EPS): Rp16
Price: Rp115
PER: 7.09x

You pay 7.09x a year's earnings per share. Peer median: 6.73x.

ROE: is the premium earned?

Return on equity (ROE): 22.1%
PBV justified by ROE: 1.85x
PBV: 2.02x

An ROE of 22% justifies a PBV around 1.85x, up to 3.69x. 2.02x is within that.

Cash

Cash & equivalents: Rp381B
Total debt: Rp1.9T
Net cash (cash − debt): -Rp1.6T
Cash per share: Rp7
Market cap: Rp6.5T
Cash ÷ market cap: 6%

Red flags

Free float 6.2%, below 15%. Few shares actually trade, so the price moves easily.

Free float 6.2% (estimate). Free float marked * is estimated from Yahoo's insider holdings, not the official IDX figure.

Against peers

Price if PBV = peer median: Rp41; 0.73x → -64% vs Rp115
Price if PER = peer median: Rp109; 6.73x → -5% vs Rp115

A rough calculation from the other stocks in the group, not a price target.

Middle range: PBV 0.53x – 0.83x · PER 6.25x – 7.07x

Stock	PBV	PER	ROE	Div. yield	Category
SMDR	0.59x	6.99x	10%	3.4%	Discount
TMAS	2.02x	7.09x	22%	3.4%	Earned premium
BULL	0.80x	2.78x	35%	0.0%	Discount
SOCI	0.40x	6.17x	7%	0.5%	Discount
WINS	0.73x	6.73x	18%	1.3%	Discount
TPMA	0.51x	6.47x	5%	11.7%	Discount
HITS	0.80x	28.5x	-8%	—	Discount
BBRM	0.84x	6.98x	17%	0.0%	Discount
NELY	0.45x	6.14x	-2%	5.8%	Discount
ELPI	1.14x	26.9x	3%	3.5%	Fair
Group median	0.76x	6.85x