Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Bank Maspion Indonesia Tbk offers a wide array of financial products and services. Its core offerings include savings and current accounts, alongside various deposit options. For lending, the bank provides working capital, investment, consumer, and general personal loans. Furthermore, it facilitates remittance services and offers trade finance solutions such as letters of credit and bank guarantees. Customers also benefit from modern conveniences like automated teller machines (ATMs), internet and mobile banking platforms, payroll processing, safe deposit boxes, and funds transfer services. As of December 31, 2021, the bank's operational network spanned 12 branches, 25 sub-branches, 7 cash offices, 2 specialized small and medium enterprise (SME) functional offices, 7 mobile cash units, 70 ATMs, and 4 cash recycling machines. These facilities are strategically positioned in numerous Indonesian cities, including its head office location in Surabaya, as well as Jakarta, Tangerang, Semarang, Denpasar, Medan, Bandung, Makassar, Malang, Solo, Purwokerto, and Palembang. Founded in 1989, PT Bank Maspion Indonesia Tbk is headquartered in Surabaya, Indonesia, and functions as a subsidiary of PT Alim Investindo.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive