Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PT GoTo Gojek Tokopedia Tbk provides and operates on-demand services in Indonesia and internationally. It offers Gojek on-demand services, including mobility, food delivery, and logistics through electronic media, software platforms, or applications to micro-entrepreneurs; GoTo Financial technology solutions, including consumer payments, lending, and merchant services; and e-commerce services. The company also engages in retail trading of motor vehicle equipment; wholesale trading; digital identity provision activities; professional, and scientific and technical activities; repair of communication equipment; and operation of e-commerce marketplace and digital platform. In addition, it provides management consultancy, software development, package courier, electronic certificate and digital identity, financial intermediary, mobile advertising, data processing and information, motor vehicle rental, mobile and fixed advertising, transportation, online retail, web portal, financial transaction and payment technology, and point-of-sales technology, financing, trading, freight, management and administration, and warehousing and storage services. The company was founded in 2009 and is based in Jakarta, Indonesia.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD
Target Price
The average target price of GOTO.JK is 76.0 and suggests 52.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i