Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PT First Media Tbk, together with its subsidiaries, engages in technology, media, and telecommunication businesses in Indonesia. The company provides fixed cable based, multimedia, internet, telephony added value, and business management consultancy services; subscribed and private broadcasting services; and film and video recording services. It also offers calling card, local fixed network-based packet switched and internet, internet interconnection, general trading, broadcasting, news agency, and stationery and printing and publishing services, as well as trades in electronic and telecommunication equipment and parts, and printing and publishing goods. The company was formerly known as PT Broadband Multimedia Tbk and changed its name to PT First Media Tbk in 2007. PT First Media Tbk was founded in 1994 and is based in Jakarta, Indonesia. PT First Media Tbk is a subsidiary of AcrossAsia Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Buy
Sell