Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Established in 1989 and based in Bekasi, Indonesia, PT Ladang Baja Murni Tbk specializes in the distribution of steel products and related derivatives throughout the country. The company's trading portfolio includes a diverse range of items such as rule die steel, general steel, copper, het lock, cutting rule products, and various spare parts. In addition to its trading activities, PT Ladang Baja Murni Tbk also manufactures finish plates, mold bases, and custom mold products. It operates as a subsidiary of PT Adyatama Global Investama.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.