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← CockpitCompetitor Analysis › P8Z.SI Bumitama Agri Ltd.Open in the cockpit ↗

Bumitama Agri Ltd.P8Z.SICompetitor analysis, valuation and peers

Singapore · SGD·Consumer Staples›Agricultural Commodities/Milling

Mid-size Indonesian palm oil plantation company listed in Singapore, producing crude palm oil and palm kernel products.

≈ A mid-size Indonesian palm oil plantation company listed in SingaporeMomentum laggard 10
Mkt cap
$1.87B
US dollars, full cap
Free float
15%
of shares outstanding
$/day
$2.76M
20-day average traded
Fwd P/E
9.0×
forward earnings
ROIC−WACC
+18.2 pp
WACC 5.5%
Hurdle
-28 pp
Req g minus delivered
Next earnings
112 days
26 Feb 2027
Close · SGDS$1.38
1D-1.4%
1W-9.2%
1M-28.5%
3M-25.0%
6M-25.0%
YTD+2.2%
1Y-4.8%
ATR %6.7%
52w lowhigh44.8% off high

What Bumitama Agri does

Mid-size Indonesian palm oil plantation company listed in Singapore, producing crude palm oil and palm kernel products.

Sells crude palm oil and palm kernel from its own mills at prices that follow the benchmark market, so earnings track the palm oil price and the size of the harvest, which depends on the age mix of its trees. Plantations lie in Indonesia, in Kalimantan and Riau, but the company is listed in Singapore.

In one line: A mid-size Indonesian palm oil plantation company listed in Singapore.

Products and services

  • Palm oil plantations & CPO production
  • Palm kernel processing

Customers

  • Palm oil refiners/traders
  • Food manufacturers

Where it sits in the supply chain

  • Agribusiness
  • Palm oil plantations
  • Crude palm oil & kernel processing

What could go right

  • Palm oil price cycle upside
  • Plantation maturity/yield growth

What could go wrong

  • Palm oil price volatility
  • ESG/deforestation regulatory risk

Moat: narrow (scale, installed base). Established plantation landbank and mill network in Indonesia (Kalimantan/Riau).

Headquarters: Singapore · Founded: 1996 · Employees: 32,628

Named competitors

  • Golden Agri-Resources E5H.SI
  • First Resources EB5.SI
  • Astra Agro Lestari private or unlisted
  • PP London Sumatra Indonesia private or unlisted
  • Sampoerna Agro private or unlisted
  • SD Guthrie private or unlisted
  • Kuala Lumpur Kepong private or unlisted
  • IOI Corporation private or unlisted

Bumitama Agri at a glance

Size Bumitama Agri (P8Z.SI) is a Singapore Consumer Staples company (Agricultural Commodities/Milling) with a market value of $1.87B, the 52nd largest of 186 Singapore companies the cockpit tracks. Shares closed at S$1.38 on 6 Nov 2026.

Performance Over six months the shares fell 25.0%, against -5.8% for the median peer and -1.2% for the Singapore market (cap-weighted) — 3rd lowest of 20 in its peer set.

Growth Revenue grew 9.2% over the last twelve months (peer median +2.3%); the operating margin is 24.9% (peer median 7.4%).

Valuation It trades at 9.0× forward earnings against a peer median of 18.8× (2nd cheapest of 15).

Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -28 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 18.2 points above its cost of capital (5.5% WACC).

Next results Next results expected around 26 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026Peer median 95P8Z.SI 76
Six months, rebased to 100: Bumitama Agri against the median of its 20 peers (local-currency closes).

Bumitama Agri financials

Reported figures in SGD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueS$1.70BS$1.58BS$1.41BS$1.36BS$1.47B
Revenue growth—+12%+4%-7%—
Gross profitS$498MS$440MS$364MS$413MS$529M
EBITDAS$500MS$427MS$356MS$394MS$528M
Net incomeS$256MS$222MS$193MS$216MS$262M
Free cash flowS$302MS$251MS$157MS$151MS$216M
Capital expenditureS$118MS$123MS$125MS$146MS$122M
Total debtn/aS$266MS$271MS$223MS$289M

Quarterly statements and history in the cockpit →

Bumitama Agri competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%002385BIOMARUIE000998601952002100GNS1229000061000833TRLVLTFOODS002458BFGAWLBALRAMCHIN2607P8Z.SI6-month return →1-month return →
Up and to the right = strong over both horizons. Bumitama Agri is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×25×50×75×BIOMAR000998601952GNS000061000833TRLVLTFOODS002458BFGBALRAMCHINKER2607P8Z.SIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bumitama Agri is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%0%20%BIOMARUIE601952GNS1229000061000833TRLVLTFOODS002458AWLKER2607P8Z.SIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Bumitama Agri is the large dot.

Bumitama Agri competitors and peer comparison

Head to head with its named competitors (P8Z.SI vs E5H.SI vs EB5.SI)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Bumitama Agri P8Z.SI$1.87B-25%+9%25%9.0×-15.2%
Golden Agri-Resources E5H.SI$2.68B-18%+9%6%4.2×-13.7%
First Resources Ltd. (Singapore) EB5.SI$3.27B-26%+51%30%7.6×-7.1%

How Bumitama Agri compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bumitama Agri against its 20 peers (data as of 6 Nov 2026)
MeasureP8Z.SIPeer medianRank in peer set
1-month return-28.5%-3.3%lowest of 21
6-month return-25.0%-5.8%3rd lowest of 20
Distance from 52-week high-44.8%-25.7%4th lowest of 21
Revenue growth (TTM)+9.2%+2.3%9th highest of 21
Operating margin24.9%7.4%3rd highest of 21
Forward P/E9.0×18.8×2nd cheapest of 15
Growth the price implies (Req g, 7 yrs)-15.2%6.3%least demanding of 14
Growth delivered (Del g)+12.9%+11.1%7th highest of 14
Hurdle (Req g minus delivered)-28.1 pp-1.6 ppleast demanding of 14
ROIC minus cost of capital+18.2 pp-2.2 pphighest of 21
EV / EBITDA5.1×12.2×cheapest of 11
Net debt / EBITDA0.0×1.8×least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bumitama Agri P8Z.SISingapore$1.87B-25%+9%25%9.0×-15.2%+12.9%
Beijing Dbn Technology 002385.SZChina$1.86B-23%-1%-6%n/an/an/a
BioMar Group A/S BIOMAR.CODenmark$1.83B-37%0%6%13.0×-2.0%-0.5%
Uie UIE.CODenmark$1.81B+5%+12%37%n/a-13.0%+13.1%
Yuan Longping High-Tech Agriculture 000998.SZChina$1.77B-11%-5%5%46.5×n/an/a
Jiangsu Provincial Agricultural Reclamation & Dev 601952.SSChina$1.72B-16%-5%4%20.1×-2.2%+3.2%
Tecon Biology 002100.SZChina$1.72B+6%-8%-5%n/an/an/a
Genus GNS.LUnited Kingdom$2.07B+5%-2%13%23.0×17.9%+2.8%
Lien Hwa Industrial 1229.TWTaiwan$2.12B-6%-3%9%n/a21.5%+7.3%
Shenzhen Agricultural Products 000061.SZChina$1.63B-22%-22%12%26.1×4.2%+15.6%
Guangxi Yuegui Guangye 000833.SZChina$2.19B-46%+67%30%9.6×2.1%-0.9%
Trulieve Cannabis TRLVUnited States$2.23B+31%-4%14%31.1×13.5%+17.8%
Liuliumei 6658.HKHong Kong$1.58Bn/a+6%12%n/an/an/a
LT Foods LTFOODS.NSIndia$1.55B-3%+24%8%12.8×25.7%+18.2%
Shandong Yisheng Livestock & Poultry Breeding 002458.SZChina$1.54B-16%+15%17%18.2×6.3%+11.1%
B.F BFG.MIItaly$2.29B+56%+30%-2%84.3×n/an/a
AWL Agri Business AWL.NSIndia$2.30B-21%+18%2%17.6×13.4%+15.0%
Balrampur Chini Mills BALRAMCHIN.NSIndia$1.50B+28%+11%9%19.5×n/an/a
Kernel KER.WAPoland$1.47B0%-1%5%5.4×8.0%-5.4%
Fuji Oil 2607.TJapan$2.46B+36%+10%5%15.2×0.9%+16.2%
Curaleaf CURA.TOCanada$2.50B-18%+5%1%n/an/an/a

Questions

Who are Bumitama Agri's main competitors?
Named competitors: Golden Agri-Resources (E5H.SI), First Resources (EB5.SI), Astra Agro Lestari (private or unlisted), PP London Sumatra Indonesia (private or unlisted), Sampoerna Agro (private or unlisted), SD Guthrie (private or unlisted). The cockpit's measured peer set (industry) also includes Beijing Dbn Technology (002385.SZ), BioMar Group A/S (BIOMAR.CO), Uie (UIE.CO), Yuan Longping High-Tech Agriculture (000998.SZ), Jiangsu Provincial Agricultural Reclamation & Dev (601952.SS), Tecon Biology (002100.SZ).
Is Bumitama Agri expensive compared with its peers?
On forward p/e it trades at 9.0× against a peer median of 18.8×, 2nd cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -28 pp: the price already allows for a slowdown.
How has Bumitama Agri stock performed?
Over six months to 6 Nov 2026 the shares returned -25.0% against -5.8% for the median peer; over one year -4.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.