Adaro stock: BRIDS sees 13.00 percent peer discount for Adaro stock

Published on 10/21/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRIDS used a 6.40 times 2027 P/E for Adaro on October 12, 2026. Adaro stock costs EUR 0.12 on October 21, 2026, down 2.08 percent on the IDX.

BRIDS valuation view

BRI Danareksa cited a 13.00 percent valuation discount for Adaro on October 12, 2026.
The research used a 6.40 times 2027 price-to-earnings ratio.
Adaro stock costs EUR 0.12 at Lang & Schwarz on October 21, 2026, down 2.08 percent on the IDX.
The next earnings date is November 3, 2026.

Adaro, ID1000111305, Illustration mit AI erstellt.

Adaro (ISIN ID1000111305) is being valued at a 13.00 percent discount to comparable companies in a BRI Danareksa assessment dated October 12, 2026. Bisnis.com reported that the research used a 6.40 times 2027 price-to-earnings ratio. Adaro stock was quoted at EUR 0.12 at Lang & Schwarz on October 21, 2026 at 3:40 p.m. CEST, while the IDX quote was down 2.08 percent from IDR 2,400.

BRIDS uses 6.40 times earnings

BRI Danareksa raised its target for Adaro to IDR 3,300 in the October 12 assessment, compared with an earlier IDR 2,630 target. The research house also raised its 2026 coking-coal price assumption to USD 230.00 per ton from USD 170.00, while estimating 2026 earnings 4.30 percent higher than before.

The IDX quote stays below its high

Adaro traded at IDR 2,350 on the IDX on October 21, 2026, against a prior close of IDR 2,400. The day's range was IDR 2,330.00 to IDR 2,420.00, while the 52-week range was IDR 1,735.00 to IDR 2,860.00. Market capitalization stood at IDR 68.8 trillion, and volume reached 9.98 million shares.

What comes next for Adaro?

The next earnings report is scheduled for November 3, 2026, according to Investing.com. A separate October 21 report said Trinugraha Thohir bought 470,000 Adaro shares at IDR 2,130 on October 19, lifting his holding to 0.729 percent, as reported by Liputan6.com.

Comparison with peers

Adaro: down 2.08 percent, P/E 6.50, market capitalization IDR 68.8 trillion.
Adaro Minerals Indonesia (IDX, IDR): up 1.65 percent, P/E 9.39, market capitalization IDR 50.3 trillion.
Indo Tambangraya Megah (IDX, IDR): up 3.11 percent, P/E 7.60, market capitalization IDR 27.8 trillion.

Euro quote and trading frame

The euro quote remained below the Indonesian market's October 20 close, while the local valuation stayed below the peer average cited by BRI Danareksa. Adaro stock stood at EUR 0.12 at Lang & Schwarz on October 21, 2026 at 3:40 p.m. CEST, down 2.08 percent on the IDX versus the IDR 2,400 prior close.

The further course of trading is shown by the continuously updated real-time quote of Adaro stock.