PT Rig Tenders Indonesia Tbk provides marine logistics services for the oil and coal industry in Indonesia. The company provides vessels to support operations, such as seismic survey support; anchor handling; mobilization/de-mobilization towing, assisting, and mooring of FPSO, FSO, tankers, platform, and rigs; fire-fighting and oil spill recovery; run cargoes to platform and rigs; general logistic support; food and fresh water supply; transportation support; charter of offshore accommodation barge; maintenance support; and protecting, patrolling, and supporting of pipe line laying, as well as protect oil and gas fields from unnecessary ships/boats. It also offers coal services which include transportation of ships in the port, as well as delivery services. In addition, the company provides ship management services, including inward/outward clearance for vessels, offshore operation permits, entry/exit permits for crew and vessels, and crew changes. Its fleet comprises approximately 63 units of flat top and self-discharging barges. The company was incorporated in 1974 and is headquartered in Jakarta, Indonesia. PT Rig Tenders Indonesia Tbk is a subsidiary of PT Surya Indah Muara Pantai.
Metrics to compare | RIGS | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRIGSPeersSector | |
---|---|---|---|---|
P/E Ratio | 5.4x | 6.3x | 12.7x | |
PEG Ratio | 0.49 | −0.20 | 0.03 | |
Price/Book | 0.6x | 0.9x | 1.4x | |
Price / LTM Sales | 1.3x | 1.4x | 1.2x | |
Upside (Analyst Target) | - | 0.0% | 16.2% | |
Fair Value Upside | Unlock | 13.8% | 6.0% | Unlock |