Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PT Ace Oldfields Tbk engages in the manufacture and sale of painting equipment for the painting industry under the Ace Oldfields and PRIMA brands in Indonesia. It offers paint rolls, roll handles, paint brushes, wire brushes, ruler brushes, foam brushes and foam rolls, decorative brushes, minirolls and ship paint rolls, iron and plastic capes, plasterboards, tape measures, bubble breaker rolls, tampiko brushes, connecting sticks for roll handles, industrial brushes as cleaning tools, and others. The company also exports its products. PT Ace Oldfields Tbk was founded in 1989 and is based in Bogor, Indonesia.
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
