Using the industry peer median EV/Revenue multiple (trailing + forward), Indonesia Energy Corporation Limited (INDO) has a fair value of $0.65 based on 8 comparable companies in the Oil & Gas Exploration & Production industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Indonesia Energy Corporation LimitedINDO | 44 | 19.7x | 8.4x |
| PEDEVCO Corp. | 73 | 1.8x | 2.3x |
| Battalion Oil Corporation | 67 | 2.8x | 1.4x |
| KLX Energy Services Holdings, Inc. | 47 | 0.6x | 0.5x |
| Solarmax Technology Inc. Common Stock | 33 | 96.4x | — |
| TMD Energy Limited | 31 | 0.1x | — |
| U.S. Energy Corp. | 26 | 3.9x | 1.1x |
| Mexco Energy Corporation | 19 | 2.3x | — |
| CBL International Limited | 12 | 0.0x | — |
| Industry Median | 2.0x | 1.3x | |
| (*) Revenue | 2 | 5 | |
| = Enterprise Value | 4 | 6 | |
| (-) Net Debt | -5 | -5 | |
| Equity Value | 9 | 11 | |
| (/) Outstanding shares | 15 | 15 | |
| Fair Price | $1 | $1 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.