Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
PT Apexindo Pratama Duta Tbk operates as a drilling contractor in Indonesia and internationally. It provides onshore and offshore drilling services for oil and gas, geothermal, and coal bed methane industries. The company has a fleet of six offshore rigs that include 2 jack-up rigs and 4 swamp barges, and eight onshore rigs. It also engages in the rental of equipment; usage of fuel and spare parts; and provision of catering and other services. The company was founded in 1984 and is headquartered in Jakarta, Indonesia. PT Apexindo Pratama Duta Tbk is a subsidiary of PT Aserra Capital.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is overpriced on P/E, undervalued on P/FC.
