PT Vale Indonesia Tbk (PTNDY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PT Vale Indonesia Tbk (PTNDY) trades at $16.40 with AI Score 42/100 (Grade C). PT Vale Indonesia Tbk is engaged in the exploration, mining, processing, and marketing of nickel and related mineral products. Market cap: $3.46B, Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for PTNDY: PTNDY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates PTNDY against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
PTNDY: the 3 scored disciplines are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
PT Vale Indonesia Tbk (PTNDY) Materials & Commodity Exposure
PT Vale Indonesia Tbk, a nickel producer operating in Indonesia, Canada, and Japan, focuses on exploration, mining, and processing. With a market capitalization of $3.46B, the company navigates the industrial materials sector, balancing operational efficiency with fluctuating commodity prices and evolving environmental regulations.
What Is the Investment Thesis for PTNDY?
PT Vale Indonesia Tbk presents a mixed investment thesis. The company's position in the nickel market and its integrated operations offer potential for growth, particularly with increasing demand for nickel in electric vehicle batteries. However, a high P/E ratio of 56.33 and a relatively low profit margin of 6.5% suggest that the company's earnings may not be keeping pace with its valuation. The dividend yield of 0.96% offers a modest return. Growth catalysts include potential expansion of mining operations and increased nickel prices. Potential risks include fluctuating commodity prices, regulatory changes, and operational challenges in Indonesia.
Based on FMP financials and quantitative analysis
PTNDY Key Highlights
Market capitalization of $3.46B, reflecting its size and significance in the nickel industry.
- P/E ratio of 56.33, indicating the price investors are willing to pay for each dollar of earnings.
- Profit margin of 6.5%, showing the percentage of revenue that turns into profit after all expenses.
- Gross margin of 10.5%, reflecting the profitability of its core mining and processing operations.
- Dividend yield of 0.96%, representing the annual dividend payment as a percentage of the stock price.
Who Are PTNDY's Competitors?
PTNDY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AFBOF African Rainbow Minerals Limited | $10.09 | +0.00% | $1.95B | 43 |
| DRDGF DRDGOLD Limited | $2.56 | +0.00% | $2.22B | 59 |
| IIDDY IGO Limited | $10.18 | +0.00% | $3.85B | 42 |
| IMYSF Imerys S.A. | $27.34 | +1.77% | $2.31B | 44 |
| IPGDF IGO Limited | $6.00 | +0.00% | $4.54B | 44 |
| MIMTF Mitsubishi Materials Corporation | $32.00 | +0.00% | $4.18B | 55 |
| LINRF Liontown Resources Limited | $0.82 | -10.14% | $2.61B | 60 |
| MTRN Materion Corporation | $232.72 | -5.10% | $4.84B | 75 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PTNDY's Key Strengths?
Large nickel ore reserves.
- Integrated mining and processing operations.
- Hydroelectric power generation.
- Established presence in Indonesia.
What Are PTNDY's Weaknesses?
Exposure to fluctuating commodity prices.
- Operational challenges in Indonesia.
- Environmental concerns related to mining.
- High P/E ratio relative to profit margin.
What Could Drive PTNDY Stock Higher?
Increased demand for nickel in electric vehicle batteries.
- Potential expansion of mining operations.
- Investment in battery-grade nickel processing.
- Government policies supporting the mining industry in Indonesia.
What Are the Key Risks for PTNDY?
Fluctuations in nickel prices.
- Regulatory changes in Indonesia.
- Environmental regulations and community opposition.
- Operational challenges in Indonesia.
- Currency risk associated with the Indonesian Rupiah.
What Are the Growth Opportunities for PTNDY?
- Expansion of Nickel Production Capacity: Increasing global demand for nickel, driven by the electric vehicle battery market, presents a significant growth opportunity. PT Vale Indonesia Tbk can expand its existing mining operations and processing facilities to increase production capacity. This expansion could involve developing new mining sites within its concession area or investing in advanced processing technologies. The timeline for such expansion could be 3-5 years, with potential for significant revenue growth.
- Investment in Battery-Grade Nickel Processing: The growing demand for nickel in electric vehicle batteries requires high-purity, battery-grade nickel. PT Vale Indonesia Tbk can invest in processing technologies to produce battery-grade nickel, capturing a larger share of the EV battery supply chain. This could involve constructing new processing plants or upgrading existing facilities. The timeline for this investment could be 2-4 years, with potential for higher profit margins.
- Development of Renewable Energy Sources: PT Vale Indonesia Tbk operates three hydroelectric plants, providing a sustainable source of energy for its operations. The company can further invest in renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels and lower its carbon footprint. This investment could involve constructing new renewable energy facilities or partnering with renewable energy providers. The timeline for this development could be 1-3 years, with potential for cost savings and environmental benefits.
- Exploration of New Mineral Deposits: PT Vale Indonesia Tbk explores for iron ore, pellets, manganese, ferroalloys, coal, and copper deposits in addition to nickel. The company can intensify its exploration efforts to discover new mineral deposits within its concession area. This exploration could involve geological surveys, drilling programs, and feasibility studies. The timeline for this exploration could be 2-5 years, with potential for new revenue streams.
- Strategic Partnerships and Acquisitions: PT Vale Indonesia Tbk can pursue strategic partnerships and acquisitions to expand its operations and market reach. This could involve partnering with other mining companies, technology providers, or battery manufacturers. It could also involve acquiring smaller mining companies or mineral processing facilities. The timeline for these partnerships and acquisitions could be 1-3 years, with potential for synergistic benefits and market expansion.
What Are PTNDY's Competitive Advantages?
- Extensive nickel ore reserves in Indonesia.
- Integrated operations from mining to processing.
- Long-term mining concessions.
- Hydroelectric power generation for cost-effective energy.
What Does PTNDY Do?
PT Vale Indonesia Tbk, originally incorporated in 1968 as PT International Nickel Indonesia Tbk, changed its name in 2011. The company is headquartered in Jakarta, Indonesia, and is a significant player in the nickel industry. PT Vale Indonesia Tbk is involved in the exploration and mining of nickel, processing, storing, transporting, and marketing nickel and related mineral products. Its operations span across Indonesia, Canada, and Japan. The company operates a concession area of 118,017 hectares located in central, south, and southeast Sulawesi. Beyond nickel, PT Vale Indonesia Tbk explores for iron ore, pellets, manganese, ferroalloys, coal, and copper deposits. It also provides railroad, port and terminal, and shipping logistics services. The company operates three hydroelectric plants and engages in energy transmission, distribution, and steelmaking activities. PT Vale Indonesia Tbk aims to leverage its extensive resources and integrated operations to maintain its position in the global nickel market.
What Products and Services Does PTNDY Offer?
- Explores and mines nickel and related mineral products.
- Processes nickel ore into various forms.
- Stores nickel products at its facilities.
- Transports nickel products to customers.
- Markets and sells nickel products globally.
- Explores for iron ore, pellets, manganese, ferroalloys, coal, and copper deposits.
- Operates hydroelectric plants for power generation.
- Provides railroad, port, terminal, and shipping logistics services.
How Does PTNDY Make Money?
- Extracts nickel ore from its mining concessions.
- Processes the ore into marketable nickel products.
- Sells nickel products to customers in various industries.
- Generates revenue from nickel sales and related services.
What Industry Does PTNDY Operate In?
PT Vale Indonesia Tbk operates within the industrial materials sector, specifically focusing on nickel production. The industry is influenced by global demand for metals, particularly nickel used in stainless steel and electric vehicle batteries. The competitive landscape includes companies like AFBOF, DRDGF, IIDDY, IMYSF, and IPGDF. Market trends include increasing demand for battery-grade nickel and a focus on sustainable mining practices. The company's performance is closely tied to commodity prices and global economic conditions.
Who Are PTNDY's Key Customers?
- Stainless steel manufacturers.
- Electric vehicle battery manufacturers.
- Other industrial users of nickel.
- Customers in Indonesia, Canada, and Japan.
PT Vale Indonesia Tbk Financial Trajectory
PT Vale Indonesia Tbk (PTNDY) reported $290.4M in revenue for Q2 2026, reflecting 14.9% growth compared to the prior quarter. The company recorded net income of $60.2M, with diluted EPS of $0.29. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Basic Materials. Across the four most recent quarters, PTNDY averaged $0.18 in diluted EPS.
Company Profile
PT Vale Indonesia Tbk operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Jakarta, ID. The company is led by CEO Bernardus Irmanto. PTNDY has traded publicly since 2012.
How PT Vale Indonesia Tbk Is Valued
PT Vale Indonesia Tbk carries a market capitalization of $3.46B, placing it in the mid-cap category. Relative to its peer group, PTNDY's quantitative score of 42/100 is roughly in line with the peer average of 46/100.
Key Financial Metrics
Return on equity for PT Vale Indonesia Tbk stands at 3.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.8%, showing how much profit it generates from its asset base. PTNDY trades at a trailing price-to-earnings ratio of 28.55, above the Basic Materials sector average of ~22x. Its free cash flow yield is -12.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.13 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 3.5%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
PT Vale Indonesia Tbk's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 5.28 places it in the safe zone, indicating low near-term bankruptcy risk.
Forward Outlook
Wall Street analysts project PT Vale Indonesia Tbk revenue of about $1.48B for fiscal 2026, with EPS near $0.00. The estimate reflects 11 contributing analysts.
PTNDY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Large nickel ore reserves.
- Integrated mining and processing operations.
- Hydroelectric power generation.
- Established presence in Indonesia.
Bear Case
- Exposure to fluctuating commodity prices.
- Operational challenges in Indonesia.
- Environmental concerns related to mining.
- High P/E ratio relative to profit margin.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $290M | $60M | $0.29 |
| Q1 2026 | $253M | $44M | $0.21 |
| Q4 2025 | $285M | $18M | $0.11 |
| Q3 2025 | $276M | $27M | $0.13 |
Based on FMP financials and quantitative analysis
PTNDY Latest News
No recent news available for PTNDY.
PTNDY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PTNDY.
Price Targets
Wall Street price target analysis for PTNDY.
PTNDY MoonshotScore
What does this score mean?
The MoonshotScore rates PTNDY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Bernardus Irmanto
Managing Director
Bernardus Irmanto serves as the Managing Director of PT Vale Indonesia Tbk, overseeing the company's operations and strategic direction. His background includes extensive experience in the mining and resources sector, with a focus on operational efficiency and sustainable development. He has held various leadership positions within the industry, demonstrating expertise in project management, stakeholder engagement, and regulatory compliance. His educational credentials include advanced degrees in engineering and business administration.
Track Record: Under Bernardus Irmanto's leadership, PT Vale Indonesia Tbk has focused on optimizing its mining operations and expanding its production capacity. He has overseen the implementation of new technologies and processes to improve efficiency and reduce environmental impact. Key milestones include the successful completion of expansion projects and the strengthening of relationships with local communities. He has also focused on improving safety standards and promoting sustainable mining practices.
PT Vale Indonesia Tbk ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. PTNDY is an ADR, meaning it allows U.S. investors to invest in PT Vale Indonesia Tbk without directly dealing with the Jakarta Stock Exchange. The ADR represents a specific number of PTND shares held by a U.S. depositary bank.
- Home Market Ticker: Jakarta Stock Exchange (IDX), Indonesia
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: PTND
PTNDY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information, lower liquidity, and greater price volatility compared to exchange-listed stocks.
- OTC Tier: OTC Other
- Limited financial disclosure.
- Lower trading volume and liquidity.
- Greater price volatility.
- Potential for fraud or manipulation.
- Higher risk of delisting or going out of business.
- Verify the company's financial statements and SEC filings.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's legal and regulatory compliance.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Check for any news or press releases about the company.
- The company has been in operation since 1968.
- PT Vale Indonesia Tbk has a significant market capitalization.
- The company is involved in a tangible business (mining and processing).
- The company has operations in multiple countries (Indonesia, Canada, and Japan).
What Investors Ask About PT Vale Indonesia Tbk (PTNDY) — Basic Materials
What does the AI Score mean for PTNDY?
PTNDY holds an AI Score of 42/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. PT Vale Indonesia Tbk is engaged in the exploration, mining, processing, and marketing of nickel and related mineral products. The company operates primarily in Indonesia, with additional …
What does PT Vale Indonesia Tbk do?
PT Vale Indonesia Tbk is a nickel mining and processing company operating primarily in Indonesia, with additional activities in Canada and Japan. The company explores, mines, processes, stores, transports, and markets nickel and related mineral products. It operates a large concession area in Sulawesi, Indonesia, and also explores for other minerals like iron ore and copper.
What are the main risks for PTNDY?
The main risks for PT Vale Indonesia Tbk include fluctuations in nickel prices, which can significantly impact revenue and profitability. Regulatory changes in Indonesia, such as changes to mining permits or environmental regulations, can also pose risks. Environmental regulations and community opposition to mining activities can lead to operational disruptions and increased costs. Additionally, operational challenges in Indonesia, such as infrastructure limitations and labor disputes, can affect production efficiency.
What are the key factors to evaluate for PTNDY?
PT Vale Indonesia Tbk (PTNDY) holds an AI score of 42/100 (low). PT Vale Indonesia Tbk presents a mixed investment thesis. Not financial advice.
How frequently does PTNDY data refresh on this page?
PTNDY's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PTNDY's recent stock price performance?
PT Vale Indonesia Tbk (PTNDY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Large nickel ore reserves. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PTNDY overvalued or undervalued right now?
PT Vale Indonesia Tbk (PTNDY) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research PTNDY before investing?
Before investing in PT Vale Indonesia Tbk (PTNDY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding PTNDY to a portfolio?
Key strength of PT Vale Indonesia Tbk (PTNDY): Large nickel ore reserves. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.
- Analyst consensus is based on limited coverage and may not be representative of all opinions.
- OTC market data may be less reliable than exchange-listed data.