Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Saranacentral Bajatama Tbk is an Indonesian company specializing in the production and distribution of various steel materials. Its operations are organized into four distinct divisions: Galvanized, Saranalume, Colouring, and Non Production. The firm offers a range of steel products, including galvanized coated steel, aluminum zinc-coated steel, and pre-painted zinc-coated steel, all commercialized under the SARAN brand. These materials find extensive applications across numerous sectors, such as general building and construction (including residential, industrial, and commercial roofing, cladding, and curved roofing solutions), electrical and machinery manufacturing, the automotive industry, and office equipment. Established in 1993, the company maintains its main office in Jakarta Pusat, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, undervalued