Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Bank Maspion Indonesia Tbk provides various banking products and services. It offers savings and current accounts; deposit products; working capital, investment, consumer, and general personal loans; remittance services; and trade finance services, such as letters of credit and bank guarantee services. The company also provides automatic teller machines (ATM), Internet and mobile banking, payroll, safe deposit box, and transfer services. As of December 31, 2021, it had 12 branches, 25 sub-branches, 7 cash offices, 2 small and medium enterprise functional offices, 7 mobile cash, 70 ATMs, and 4 cash recycling machines located at Surabaya, Jakarta, Tangerang, Semarang, Denpasar, Medan, Bandung, Makassar, Malang, Solo, Purwokerto, and Palembang. The company was founded in 1989 and is headquartered in Surabaya, Indonesia. PT Bank Maspion Indonesia Tbk operates as a subsidiary of PT Alim Investindo.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'expensive' on P/E, underpriced on P/R
