Risk factor
Very high price volatility
Profitability factor
Weak growth
About
Headquartered in Purwakarta, Indonesia, and established in 2004, PT Chemstar Indonesia Tbk operates as a subsidiary of PT Tunas Bahtera. The company specializes in the production and distribution of a diverse array of chemicals, serving both the textile industry and other sectors, domestically and globally. Their extensive product portfolio includes highly specialized agents such as DEMULGEN RA-AC, an acid reduction clearing agent designed for disperse dyes; ESKA FINISH FN-GRM, a weight-enhancing solution for cotton and polyester knitted materials; ESKALET DA-APC, which functions as both a chelating and dispersing agent; ESKA PLUS DN-SR, a sodium alkali critical for fixing reactive dyes during exhaust dyeing processes; ESKA SOFT SN-HWA, a micro-emulsion silicone softener formulated for natural fibers; and ESKA FIX FC-DR, a fixing agent aimed at improving the colorfastness of direct or reactive dyes on cellulose fibers and their blends. These chemical solutions are integral to numerous stages of textile manufacturing, encompassing spinning, sizing, weaving, knitting, pre-treatment, dyeing, printing, finishing, and coating applications.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is 'expensive' on EV/EBITDA.