Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Headquartered in Denpasar, Indonesia, and established in 2014, PT Bali Bintang Sejahtera Tbk primarily operates as a football club proprietor in the Indonesian market. Its diverse business model is structured across three main divisions. The Professional Football Club Management segment is responsible for overseeing the football club's operations, nurturing young players through its academy, and retailing official club apparel and merchandise. The Sport Agency division provides sponsorship procurement services for football clubs, delivers live streaming of matches, and produces promotional advertising videos. Beyond these core areas, the "Other" segment includes ventures such as operating cafes and radio stations. This segment also encompasses in-store retail of sports equipment, non-alcoholic beverages, clothing, fashion accessories, and travel goods like bags and wallets. Additionally, PT Bali Bintang Sejahtera Tbk offers management and business advisory, as well as brokerage services.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.