IDX Stock Investment Ranking — ERAA vs DMAS vs BTPS vs PGEO

📋 Perbandingan Lengkap (All-in-One Table)

Metric	ERAA #1	DMAS #2	BTPS #3	PGEO ✗
Sektor	Consumer Cyclical (Ritel)	Real Estate Development	Banking — Syariah	Utilities — Renewable
Harga	~IDR 394	~IDR 137	~IDR 1,005	~IDR 1,010
Mkt Cap	6.54T	6.65T	7.74T	42.32T
P/E (TTM)	4.57	5.27	6.40	16.13
Forward P/E	—	4.74–4.84	5.52	14.04
P/B	~1.0x	0.89	0.73	1.17
Dividend Yield	6.1%	11.9% 🔥	3.9%	4.9%
Payout Ratio	~25%	81–111%	54.6%	91.3%
Debt/Equity	102.8%	0% ✅	Low (bank)	High (utilities)
ROE	~15–20%	18.98%	12.2%	Low
52w Range	312–540	127–162	835–1,630	700–1,855
YTD Return	Positive	-4.9% 1Y	-33.9% 1Y ❌	+37.1% 1Y ✅
Avg Vol	47.5M	126M	4.6M	22.2M
Beta	~1.0	0.05	0.33–0.38	-0.74
Analyst PT	Rp 1,592 (304% upside)	Rp 125 (–10% downside)	Rp 1,444 (+43%)	Rp 1,545 (+50%)
Next Earnings	Q3 2026	Aug 4, 2026	Jul 24, 2026 (today)	—
Katalis Utama	XPENG EV, Chagee JV	Sinarmas Land backing	Loan growth, NPL recovery	Geothermal expansion
Risiko Utama	Consumer demand, high debt	Payout unsustainable, property cyclicity	Bank regulatory risk, NPL	Payout ratio >90%, state utility

🧮 Scoring Methodology

Setiap saham dinilai pada 6 kategori (maks 100 poin). Bobot: Valuation (25%), Dividend Quality (20%), Balance Sheet (20%), Growth Catalyst (20%), Liquidity (10%), Risk Profile (5%).

ERAA — ERAJAYA

82/100

🥇 Rekomendasi #1 — Core Holdings

DMAS — PURADELTA

71/100

🥈 Rekomendasi #2 — Satellite

BTPS — BANK BTPN SYARIAH

58/100

🥉 Rekomendasi #3 — Hati-Hati

PGEO — PERTAMINA GEOTHERMAL

38/100

❌ Ditolak — Tidak Layak

Per Scoring Breakdown

Category	ERAA	DMAS	BTPS	PGEO
Valuation (25 pts)	21	20	18	8
Dividend Quality (20 pts)	17	12	14	6
Balance Sheet (20 pts)	12	20	16	10
Growth Catalyst (20 pts)	17	10	11	9
Liquidity (10 pts)	9	9	4	7
Risk Profile (5 pts)	4	3	2	1
TOTAL	82	71	58	38

🎯 Rekomendasi Detail

🥇 #1 — ERAA (PT Erajaya Swasembada) BUY

Action: HOLD existing 5K lot @395 + Tambah kalau ada pullback ke 360–370
Kelebihan: P/E termurah (4.57x), dividend yield 6.1% sustainable (payout 25%), likuiditas tinggi, katalis XPENG EV + Chagee JV, pertumbuhan CAGR 9.1% 2026–2030
Risiko: Debt/Equity 102.8% tinggi, net income turun -16.7% YoY, consumer cyclical
Confidence: 85% — sudah matching dengan profil risiko Anda
Target: Holding 6–18 bulan, target harga IDR 450–500 (15–25% upside)

🥈 #2 — DMAS (PT Puradelta Lestari) HOLD / ADD SMALL

Action: Allocasi kecil (10–20% portofolio), tidak menggantikan ERAA
Kelebihan: Zero debt, ROE 18.98%, gross margin 73.7%, dividend yield 11.9% tertinggi, RSI oversold (39.6) — potensi bounce
Risiko: Payout ratio 81–111% = tidak sustainable, revenue forecast turun -19% FY2026, properti property cyclicals, land acquisition revenue quality belum jelas, consensus PT turun ke Rp 125
Confidence: 65% — good dividend story tapi fundamental terbatas
Target: Trading play 3–6 bulan, target Rp 162 (52w high), stop loss Rp 127

🥉 #3 — BTPS (Bank BTPN Syariah) CAUTIOUS

Action: Small position only kalau mau exposure ke perbankan syariah
Kelebihan: P/E 6.40 murah, P/B 0.73, analyst target Rp 1,444 (+43%), NPL stabil 2.3%, LaR improving
Risiko: 1Y return -33.9% (terjatuh kuat), average volume tipis (4.6M), bank regulatory risk, CIR naik 406bps YoY
Confidence: 50% — wait for better entry at 850–900 level
Target: Only buy on dip below IDR 900, target Rp 1,200–1,400

❌ #4 — PGEO (PT Pertamina Geothermal Energy) SELL / AVOID

Alasan ditolak: P/E 16.13 termahal dari 4 saham, P/B 1.17 di atas buku, payout ratio 91.3% hampir tidak sustainable, dividen terbaru turun -6.9% qoq
Tidak ada katalis unik: State utility ( Pertamina), growth terbatas, valuation mahal
Analyst PT Rp 1,545 memang menarik tapi harga sudah Rp 1,010 dan masih overvalued dibanding fundamental
Confidence: Hanya 25% — better alternatives exist in IDX

🏆 Final Ranking — You Choose 3 of 4

#	Ticker	Company	Score	Verdict	Action
1	ERAA	PT Erajaya Swasembada	82	LAYAK	Core Holdings ✅
2	DMAS	PT Puradelta Lestari	71	LAYAK (Satelit)	Small Allocation ✅
3	BTPS	Bank BTPN Syariah	58	HATI-HATI	Cautious Entry ✅
4	PGEO	Pertamina Geothermal	38	TIDAK LAYAK	Avoid ❌

📊 IDX Stock Investment Ranking