PT Rig Tenders Indonesia Tbk provides marine logistics services for the oil and coal industry in Indonesia. It offers vessels to support operations such as seismic survey support; anchor handling; mobilization/de-mobilization towing; assisting and mooring of FPSO, FSO, tankers, platforms, and rigs; fire-fighting and oil spill recovery; running cargoes to platforms and rigs; general logistic support; food and fresh water supply; transportation for personnel, bulk, and deck cargoes; chartering of offshore accommodation barges; maintenance support; and protecting, patrolling, and supporting pipe line laying, as well as protecting oil and gas fields from unnecessary ships and boats. The company also offers coal services, which include transportation of ships in the port, as well as delivery services. In addition, it provides ship management services, including inward/outward clearance for vessels, offshore operation permits, entry/exit permits for crew and vessels, and crew changes. The company’s fleet comprises 62 units of tugboats, flat tops, and discharging 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 | |
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P/E Ratio | 5.1x | 10.9x | 12.7x | |
PEG Ratio | 0.24 | −0.21 | 0.03 | |
Price/Book | 0.6x | 0.9x | 1.4x | |
Price / LTM Sales | 1.3x | 1.7x | 1.3x | |
Upside (Analyst Target) | - | 0.0% | 17.1% | |
Fair Value Upside | Unlock | 15.4% | 5.8% | Unlock |