Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PT Gunung Raja Paksi Tbk, an Indonesian-based company, manufactures and supplies a broad range of steel products to both domestic and international markets. Its diverse product portfolio includes steel sheets, bars, various hot-rolled items such as angles, H-beams, wide flanges, coils, and plates, alongside cold-rolled coils, ERW and spiral pipes, lipped channels, wire products like expanded meshes and drawn wires, welded beams, hollow sections, and other related products. Established in 1970, the company, which was initially known as PT Gunung Naga Mas before adopting its current name in 1991, has its headquarters located in Bekasi, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.