IDR 268
Key Takeaways
Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
PT Adhi Karya (Persero) Tbk primarily engages in the construction business in Indonesia. The company operates through five segments: Construction; Engineering, Procurement and Construction (EPC), Property/Real Estate; Infrastructure and Investment; and Railway infrastructure and Facilities Operator. The Construction segment undertakes the construction of civil works and high-rise buildings, including public facilities, such as airports, ports...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.
Target Price
The average target price of ADHI.JK is 260 and suggests 3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
