Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Operating across Indonesia, PT Mitra Energi Persada Tbk, along with its affiliated entities, is a prominent participant in the energy infrastructure, oil, and gas sectors. The company's operations include the commerce and distribution of both natural and artificial gas through an extensive system of downstream pipelines, primarily serving the South Sumatra region. Furthermore, it deals in machinery, equipment, and a diverse array of products, including solid, liquid, and gaseous fuels, alongside other related commodities. Its strategic ventures also encompass power generation facilities, coal mining activities, and various other associated business interests. Established in 1981 and based in Jakarta Selatan, Indonesia, the company previously operated as PT Korpora Persada Investama, Tbk, officially adopting its current name in January 2008. PT Mitra Energi Persada Tbk functions as a subsidiary of PT Mulya Tara Mandiri.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, 'cheap' on EV/EBITDA, und