Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Arkadia Digital Media Tbk, along with its affiliated entities, functions as a comprehensive and self-sufficient digital media enterprise within Indonesia. The company manages a diverse portfolio of online portals, including Suara.com for news, Matamata.com providing celebrity and entertainment coverage, Bolatimes.com for soccer and sports enthusiasts, and Hitekno.com, which focuses on technology and gadgets. Its offerings further extend to Dewiku.com, a platform tailored for women; Mobimoto.com, dedicated to automotive and motorsports; Guideku.com, specializing in travel, food, and beverages; and Himedik.com, providing health and medical insights. Beyond its digital platforms, Arkadia Digital Media supplies content to mobile subscribers through Arkadia Mobile, creates video content for both governmental bodies and corporate clients, and provides event management solutions. Established in 2012, the firm was initially known as PT Bukit Irama before adopting its current name, PT Arkadia Digital Media Tbk, in February 2018. Its corporate headquarters are situated in Jakarta Pusat, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/E