Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Jobubu Jarum Minahasa TBK is an Indonesian company primarily engaged in the production and distribution of alcoholic beverages. Its current product lineup includes well-known brands like Cap Tikus 1978, Daebak Soju, and Daebak Spark. The company's operations extend across various segments of the beverage industry, specifically distilled spirits, fermented wines, and malt-based alcoholic drinks, along with other agricultural products. Founded in 2018 and headquartered in Minahasa, Indonesia, it operates as a subsidiary of PT Maju Beverage Minahasa.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB