Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
PT Indocement Tunggal Prakarsa Tbk is a prominent manufacturer and supplier of cement and ready-mix concrete products, serving both the Indonesian domestic market and international clients. Its business activities are structured into three main divisions: Cement production, Ready-Mix Concrete operations, and Aggregates Quarries. The company's diverse cement portfolio includes Portland composite, Portland types I, II, and V, oil well cement, white cement, and TR30 white mortar cement. Additionally, it offers specialized mortar products such as multipurpose mortar, thinbed, and plester plus, all marketed under its well-known brands: Tiga Roda, Rajawali, and Duracem. Beyond its core manufacturing, Indocement is involved in quarrying for aggregates, clay, limestone, and trass, as well as shipping, excavation, electricity generation, waste management and disposal, and labor supply services. Founded in Jakarta, Indonesia, in 1975, the company operates as a subsidiary of Birchwood Omnia Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under
Target Price
The average target price of INTP.JK is 6798 and suggests 26.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i