Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Morenzo Abadi Perkasa Tbk specializes in the processing and preservation of various aquatic organisms, including fish, for both Indonesian and international distribution. The company's product range features fresh crab meat, alongside a comprehensive selection of frozen seafood items. This frozen inventory includes pasteurized crab meat, whole crab and lobster, cephalopods such as squid, octopus, and cuttlefish, and vannamei shrimp. Additionally, their offerings extend to other marine delicacies like anchovies, clams, and snail meat. Established in 2013, the firm maintains its principal corporate office in Demak, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD