Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Citra Tubindo Tbk, along with its affiliated entities, is an Indonesian company supplying vital pipes, accessories, and associated services to the oil and gas industry. Its operations are organized into three primary divisions: pipe processing, transportation and related services, and technical support. The company's core activities include the finishing, threading, and heat treatment of seamless pipes, as well as the production of various accessories. It also provides key marketing and technical assistance for oil country tubular goods (OCTG) and other components for the sector. Furthermore, the company offers a broad range of services, including the provision of casings and drill pipes; port management; rental of containers, cargo storage, warehousing, and open stacking yards; and logistics services such as public transportation, expedition, stevedoring, and heavy equipment rental, as well as cargo handling. While primarily serving the Indonesian market, PT Citra Tubindo Tbk also exports its products to a wide international customer base, including Europe, North America (the United States and Canada), Australia, the Middle East, Brazil, and numerous countries across Africa and Asia. Established in 1983 with its headquarters in Batam, Indonesia, the company operates as a subsidiary of Vallourec SA.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA,