Indonesia Energy Corporation Limited (INDO) | Investment Case

1. Company Snapshot

1.a. Company Description

Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia.It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java.The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia.

Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.

Show Full description

1.b. Last Insights on INDO

Indonesia Energy Corporation Limited is advancing with two new wells at Kruh Block, where pre-drilling operations have commenced, indicating a promising development in its oil and gas exploration. The company's participation in the DealFlow Discovery Conference and qualification of Continuum Powders' OptiPowder Ni718 for production on HP Metal Jet systems underscore its commitment to innovation and expansion.

1.c. Company Highlights

Last Price	4.78
Change Percentage	-3.24%
Open	4.85
Previous Close	4.94
Market Cap ( Millions)	72
Volume	1508191
Year High	7.95
Year Low	2.1
M A 50	3.65
M A 200	3.09

FCF Yield	-1.96%
Dividend Yield	0.00%
ROE	-35.24%
Debt / Equity	3.24%
Net Debt / EBIDTA	144.72%
Price To Book	3.27
Price Earnings Ratio	-10.13
Price To FCF	-51.06
Price To sales	31.23
EV / EBITDA	-11.74

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Comparing Indonesia Energy (NYSE:INDO) and Sundance Energy Australia (OTCMKTS:SDCJF)

Feb -20

Source: defenseworld.net

Indonesia Energy to Present at 3rd Annual DealFlow Discovery Conference on January 28, 2026

Jan -26

Source: globenewswire.com

INDO-MIM Qualifies Continuum Powders' OptiPowder Ni718 on HP Metal Jet Systems, Enabling U.S. Production Readiness for Critical Components, Including Suppressors

Jan -15

Source: globenewswire.com

Indonesia Energy Moves Forward With Two New Wells at Kruh Block, Where Pre-Drilling Operations Have Commenced

Jan -09

Source: globenewswire.com

Reviewing Mexco Energy (NYSE:MXC) & Indonesia Energy (NYSE:INDO)

Jan -06

Source: defenseworld.net

Indonesia Energy Signs Memorandum of Understanding During State Visit to Indonesia By Brazilian President Lula da Silva Promoting Energy Cooperation between Indonesia and Brazil

Oct -24

Source: globenewswire.com

Indonesia Energy Announces That Operations On The First of Two New Wells To Be Drilled at Kruh Block Have Commenced

Sep -09

Source: globenewswire.com

Indonesia Energy Signs Memorandum of Understanding with Brazilian Energy Company To Explore Energy Opportunities in Brazil

Aug -19

Source: globenewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.85%)

6. Segments

Oil and Gas

Expected Growth: 8.85%

Indonesia Energy Corporation Limited's 8.85% growth in Oil and Gas is driven by increasing domestic demand, government support for energy self-sufficiency, and strategic partnerships to enhance exploration and production capabilities. Additionally, rising crude oil prices and growing exports to neighboring countries contribute to the segment's growth.

7. Detailed Products

Crude Oil

Indonesia Energy Corporation Limited extracts and refines crude oil from its oil fields in Indonesia.

Natural Gas

The company explores and produces natural gas from its gas fields in Indonesia.

LPG (Liquefied Petroleum Gas)

Indonesia Energy Corporation Limited produces LPG as a byproduct of crude oil refining.

Fuel Oil

The company refines crude oil into various types of fuel oil, including marine fuel and industrial fuel.

Petrochemicals

Indonesia Energy Corporation Limited produces petrochemicals such as ethylene and propylene.

Electricity

The company generates electricity from its power plants, fueled by natural gas and other energy sources.

8. Indonesia Energy Corporation Limited's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Indonesia Energy Corporation Limited is moderate due to the availability of alternative energy sources such as solar and wind power.

Bargaining Power Of Customers

The bargaining power of customers for Indonesia Energy Corporation Limited is low due to the lack of alternative energy providers in the region.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Indonesia Energy Corporation Limited is high due to the limited number of suppliers of energy resources in the region.

Threat Of New Entrants

The threat of new entrants for Indonesia Energy Corporation Limited is moderate due to the high barriers to entry in the energy industry.

Intensity Of Rivalry

The intensity of rivalry for Indonesia Energy Corporation Limited is high due to the presence of several established energy companies in the region.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

	Value
Debt Weight	6.95%
Debt Cost	3.95%
Equity Weight	93.05%
Equity Cost	4.59%
WACC	4.55%
Leverage	7.47%

11. Quality Control: Indonesia Energy Corporation Limited passed 3 out of 9 key points

Strong Liquidity

Low Debt

Strong Interest Coverage

Healthy Cash Flow

Operating Efficiency

Strong Return On Equity

Consistent Revenue Growth

Consistent Operating Cash Flow Growth

Margin Improvement

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

BW Energy

A-Score: 5.5/10

Value: 9.6

Growth: 7.9

Quality: 4.1

Yield: 0.0

Momentum: 9.5

Volatility: 2.0

1-Year Total Return ->

Talos Energy

A-Score: 4.5/10

Value: 9.2

Growth: 4.0

Quality: 4.6

Yield: 0.0

Momentum: 5.5

Volatility: 4.0

1-Year Total Return ->

PEDEVCO

A-Score: 4.5/10

Value: 8.9

Growth: 7.3

Quality: 6.8

Yield: 0.0

Momentum: 0.5

Volatility: 3.3

1-Year Total Return ->

Indonesia Energy

A-Score: 4.4/10

Value: 6.8

Growth: 3.6

Quality: 3.2

Yield: 0.0

Momentum: 7.0

Volatility: 6.0

1-Year Total Return ->

Calumet Specialty Products Partners

A-Score: 4.2/10

Value: 9.8

Growth: 2.4

Quality: 5.5

Yield: 0.0

Momentum: 4.0

Volatility: 3.7

1-Year Total Return ->

Tullow Oil

A-Score: 3.1/10

Value: 10.0

Growth: 3.6

Quality: 4.9

Yield: 0.0

Momentum: 0.0

Volatility: 0.0

1-Year Total Return ->

Peers Metrics

12.e Scoring ^Insights

12.f DCF ^BETA

Parameters

Short Term Growth

18.55%

Short term Time

10.0

Long-Term Growth

2.00%

WACC

4.55%

Indonesia Energy Corporation Limited - KYG4760X1025

1. Company Snapshot

1.a. Company Description

1.b. Last Insights on INDO

1.c. Company Highlights

More Volatile

Lower Yield

Lower Quality

Average Yield

Stable Momentum

Average Growth

Weak Momentum

Strong Momentum

Medium Volatility

Average Quality

Fairly Valued

Expensive

2. Transcript Summary

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.85%)

6. Segments

Oil and Gas

Expected Growth: 8.85%

7. Detailed Products

Crude Oil

Natural Gas

LPG (Liquefied Petroleum Gas)

Fuel Oil

Petrochemicals

Electricity

8. Indonesia Energy Corporation Limited's Porter Forces

Forces Ranking

Threat Of Substitutes

Bargaining Power Of Customers

Bargaining Power Of Suppliers

Threat Of New Entrants

Intensity Of Rivalry

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

11. Quality Control: Indonesia Energy Corporation Limited passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

4.78$

Current Price

4.78$

Potential

-0.00%

Expected Cash-Flows

12.e Scoring ^Insights

12.f DCF ^BETA