Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Bank Sinarmas Tbk provides various banking products and services in Indonesia. The company operates through Marketing and Credit, Treasury, and Trade Finance segments. It engages in the issuance of debt securities; treasury activities; provision of loans; funding activities; and trade financing activities. The company also invests in securities and money markets. It operates 1 main branch, 67 branches, 71 functional sub-branch, 22 functional UMK offices, 191 sub-branches, 31 sharia branches, 12 sharia cash offices, and 3 cash cars in Indonesia. The company was formerly known as PT Bank Shinta Indonesia and changed its name to PT Bank Sinarmas Tbk in January 2007. The company was founded in 1989 and is headquartered in Jakarta, Indonesia. PT Bank Sinarmas Tbk operates as a subsidiary of PT Sinar Mas Multiartha Tbk.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E. Editor's note: P/CR is