Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
PT Baramulti Suksessarana Tbk is an Indonesian company primarily involved in the mining, trading, and transportation of coal. The company holds significant interests in two coal concessions: the PT Antang Gunung Meratus concession, spanning approximately 22,433 hectares in South Kalimantan, and its own PT Baramulti Suksessarana concession, which covers roughly 2,459.8 hectares in East Kalimantan. Its coal products are exported to a range of international markets, including Cambodia, China, India, the Philippines, South Korea, and Thailand. Established in 1990, PT Baramulti Suksessarana Tbk maintains its headquarters in Jakarta, Indonesia, and operates as a subsidiary of PT Wahana Sentosa Cemerlang.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD