(INDO) Indonesia Energy - Overview
Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE MKT (USA) | Market Cap: 50m USD | Total Return: 32.2% in 12m
Avg Turnover: 2.06M
Qual. Beats: 0
Rev. Trend: -3.5%
Warnings
Share dilution 47.8% YoY
Altman Z'' -15.00 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Indonesia Energy Corporation Limited is an upstream oil and gas company focused on exploration and production within Indonesia. The company’s portfolio is anchored by two primary assets: the producing Kruh Block in South Sumatra and the larger Citarum exploration block in West Java. Incorporated in 2018, the firm operates under the Indonesian regulatory framework for energy extraction, which typically utilizes production sharing contracts to manage resource rights between private entities and the state.
The business model centers on the lifecycle of hydrocarbon development, transitioning assets from seismic exploration to active extraction. In the Integrated Oil & Gas sector, companies often face high capital expenditures and geological risks, requiring consistent operational execution to maintain production levels in mature basins like South Sumatra. For a deeper dive into the companys valuation metrics, consider using ValueRay to further your analysis. This regional focus allows Indonesia Energy to leverage localized infrastructure while targeting domestic energy demand.
- Drilling success and production volume growth at Kruh Block assets
- Global crude oil price volatility impacts top-line revenue performance
- Exploration outcomes and resource certification at Citarum Block acreage
- Indonesian government regulatory shifts and production sharing contract terms
- Capital expenditure requirements for new well development and infrastructure expansion
| Net Income: -11.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.32 > 0.02 and ΔFCF/TA -8.37 > 1.0 |
| NWC/Revenue: 156.8% < 20% (prev 114.6%; Δ 42.18% < -1%) |
| CFO/TA -0.24 > 3% & CFO -5.47m > Net Income -11.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 5.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.0m) vs 12m ago 47.77% < -2% |
| Gross Margin: -51.79% > 18% (prev 0.05%; Δ -5.18k% > 0.5%) |
| Asset Turnover: 17.23% > 50% (prev 16.52%; Δ 0.72% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.27 (Total Current Assets 7.50m - Total Current Liabilities 1.46m) / Total Assets 22.8m |
| B: -2.24 (Retained Earnings -51.0m / Total Assets 22.8m) |
| C: -0.52 (EBIT TTM -11.5m / Avg Total Assets 22.3m) |
| D: -16.43 (Book Value of Equity -50.9m / Total Liabilities 3.10m) |
| Altman-Z'' = -26.29 = D |
| DSRI: 0.58 (Receivables 548k/894k, Revenue 3.85m/3.62m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.91 (AQ_t 0.18 / AQ_t-1 0.20) |
| SGI: 1.06 (Revenue 3.85m / 3.62m) |
| TATA: -0.26 (NI -11.5m - CFO -5.47m) / TA 22.8m) |
| Beneish M = -3.66 (Cap -4..+1) = AAA |
As of May 24, 2026, the stock is trading at USD 3.19 with a total of 721,682 shares traded.
Over the past week, the price has changed by +5.54%,
over one month by -6.36%,
over three months by -31.06% and
over the past year by +32.24%.
Indonesia Energy has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy INDO.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 10 | 213.5% |
P/B = 2.4186
Revenue TTM = 3.85m USD
EBIT TTM = -11.5m USD
EBITDA TTM = -8.99m USD
Long Term Debt = 279k USD (estimated: total debt 834k - short term 555k)
Short Term Debt = 555k USD (from shortTermDebt, last quarter)
Debt = 834k USD (from shortLongTermDebtTotal, last quarter) (leases 834k already included)
Net Debt = -4.63m USD (calculated: Debt 834k - CCE 5.46m)
Enterprise Value = 44.9m USD (49.5m + Debt 834k - CCE 5.46m)
Interest Coverage Ratio = unknown (Ebit TTM -11.5m / Interest Expense TTM 0.0)
EV/FCF = -6.14x (Enterprise Value 44.9m / FCF TTM -7.31m)
FCF Yield = -16.28% (FCF TTM -7.31m / Enterprise Value 44.9m)
FCF Margin = -190.0% (FCF TTM -7.31m / Revenue TTM 3.85m)
Net Margin = -297.9% (Net Income TTM -11.5m / Revenue TTM 3.85m)
Gross Margin = -51.79% ((Revenue TTM 3.85m - Cost of Revenue TTM 5.84m) / Revenue TTM)
Gross Margin QoQ = -49.27% (prev -61.73%)
Tobins Q-Ratio = 1.97 (Enterprise Value 44.9m / Total Assets 22.8m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 834k)
Taxrate = 21.0% (US default 21%)
NOPAT = -9.10m (EBIT -11.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 5.13 (Total Current Assets 7.50m / Total Current Liabilities 1.46m)
Debt / Equity = 0.04 (Debt 834k / totalStockholderEquity, last quarter 19.7m)
Debt / EBITDA = 0.51 (negative EBITDA) (Net Debt -4.63m / EBITDA -8.99m)
Debt / FCF = 0.63 (negative FCF - burning cash) (Net Debt -4.63m / FCF TTM -7.31m)
Total Stockholder Equity = 19.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -51.34% (Net Income -11.5m / Total Assets 22.8m)
RoE = -16.18% (Net Income TTM -11.5m / Total Stockholder Equity 70.9m)
RoCE = -16.19% (EBIT -11.5m / Capital Employed (Equity 70.9m + L.T.Debt 279k))
RoIC = -55.53% (negative operating profit) (NOPAT -9.10m / Invested Capital 16.4m)
WACC = 3.81% (E(49.5m)/V(50.4m) * Re(3.87%) + D(834k)/V(50.4m) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 3.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.64 | Cagr: 18.95%
[DCF] Fair Price = unknown (Cash Flow -7.31m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -3.48 | Revenue CAGR: -0.24% | SUE: N/A | # QB: 0