Risk factor
Very high price volatility
Profitability factor
Strong growth
About
PT Bank Jago Tbk is an Indonesian financial institution primarily serving small and medium-sized enterprises (SMEs) with a wide array of banking solutions. Its deposit products include conventional checking and savings accounts, time deposits, and Sharia-compliant Mudharabah deposits. The bank provides various credit facilities such as working capital, investment, consumer, and multipurpose loans. It also offers working capital financing structured under a murabahah bil wakalah contract and issues bank guarantees. Additional services provided by the company encompass bill payment, remittance options (RTGS/SKN), inter-city and in-city clearing for warkat invoices, ATM access, customer fund account management, and debit card issuance. As of December 31, 2021, PT Bank Jago Tbk maintained an operational network comprising two main branch offices, two sub-branch offices, one Sharia branch, and four automated teller machines (ATMs). The company, originally founded in 1992 as PT Bank Artos Indonesia Tbk, underwent a name change to PT Bank Jago Tbk in June 2020. Its corporate headquarters are located in Jakarta, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is 'expensive' on P/E, underpriced on
Target Price
The average target price of ARTO.JK is 1869 and suggests 266% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in