Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Gowa Makassar Tourism Development Tbk is an Indonesian enterprise primarily focused on real estate and urban development, structured into its Real Estate and Supporting divisions. The company undertakes the creation of diverse properties, including residential and commercial buildings, hotels, recreational facilities, and various non-commercial support structures. It also specializes in the comprehensive planning, construction, and development of integrated communities, complete with their essential infrastructure. Additionally, the firm supplies ready-to-build land parcels to consumers and offers services such as comprehensive township management and the administration of developed facilities and infrastructure. Established in 1991, its corporate headquarters are located in Makassar, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB