Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Jakarta, Indonesia, and established in 1975, PT. Indo-Rama Synthetics Tbk is a diversified manufacturer and exporter, primarily focusing on textile and related products. The company's operations are segmented into Spun Yarns, Polyester, Fabrics, and various other ventures. Its broad product offerings include a range of yarns (such as spun, sewing, and polyester filament), polyester derivatives (like staple fiber, chips, and PET resins), and various textile goods (including grey and finished polyester fabrics, general textiles, and cotton fiber). Furthermore, Indo-Rama Synthetics produces chemical products like nitrogen and phosphate fertilizers, polyethylene, and polypropylene, alongside specialized items such as medical gloves. Beyond manufacturing, the company engages in trading activities, investment, and the management of office and school buildings. It boasts an international footprint, conducting business across Indonesia, the wider Asian region, Europe, North America, and South America. PT. Indo-Rama Synthetics Tbk functions as a subsidiary of Indorama Holdings B.V.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA, undervalued on P