Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Operating under the Hotel 88 brand in Indonesia, PT Esta Multi Usaha Tbk primarily engages in the ownership and management of hotels. Its single hotel, located in Bekasi City, offers 70 guest rooms. Additionally, the company diversifies its operations through commercial shop rentals and involvement in passenger car leasing and sales. Founded in 2011 as PT Esta Asri Propertindo, the company rebranded to PT Esta Multi Usaha Tbk in September 2019. Its main offices are situated in South Tangerang, Indonesia, and it operates as a subsidiary of PT Esta Utama Corpora.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.