Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
PT Bank Neo Commerce Tbk is an Indonesian financial institution that offers a comprehensive range of commercial banking products and services. Its offerings include various checking and savings accounts, deposit options, credit facilities, and other financial services. As of December 31, 2021, the company maintained a presence in Jakarta with one principal branch, eleven standard branch offices, and five sub-branch locations. Established in 1989, the bank was formerly known as PT Bank Yudha Bhakti Tbk before officially changing its name to PT Bank Neo Commerce in September 2020. Its headquarters are situated in Jakarta, Indonesia.
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, underpriced on P/RIBP. Editor
Target Price
The average target price of BBYB.JK is 580 and suggests 157% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc