Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Operating in Indonesia, PT Dua Putra Utama Makmur Tbk specializes in fishing operations and the trade of seafood products. The company offers a vast selection of fish, encompassing popular species such as Indian mackerel, black pomfret, various types of tuna (including skipjack and frigate), snapper, grouper, and barracuda, among numerous other varieties of scad, sardines, and reef fish. Beyond its fresh fish offerings, the product portfolio extends to several shrimp varieties, including white, black tiger, and vannamei, as well as a range of cephalopods like squid, cuttlefish, and octopus. Furthermore, PT Dua Putra Utama Makmur Tbk manufactures and distributes processed food items. These offerings encompass prepared dishes such as marugoto, ebi furay, and ebi fritters, alongside various katsu and nugget products (incorporating squid, shrimp, and beef), in addition to shrimp steak and meatballs. The company's products are exported to several international markets, including Malaysia, China, South Korea, Thailand, Japan, and Singapore. Established in 2012, the firm is headquartered in Pati, Indonesia, and operates as a subsidiary of PT Pandawa Putra Investama.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, overvalued on P/FC.