Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Link Net Tbk, an Indonesian firm, operates a comprehensive broadband communication network, delivering high-speed internet and television programming. For residential customers, it provides internet services under the FastNet brand and interactive Pay TV through HomeCable, featuring a wide spectrum of channels covering education, entertainment, news, music, lifestyle, movies, sports, children's content, and home-related topics. Businesses are catered to with corporate solutions and data services via the DataComm brand, which includes offerings like data transfer, disaster recovery, storage area networking, peering, inter-branch connections, and video streaming. Additionally, the company offers FirstMediaX, an over-the-top application allowing TV access from any location, alongside various other multimedia services such as communication systems, network access points, value-added telephony, trading, management consultancy, and call center support. Founded in 1996 as PT Seruling Indah Permai before officially becoming PT Link Net Tbk in March 2000, the company is headquartered in South Jakarta and serves major areas across Indonesia, including Jakarta, Surabaya, Bali, Bandung, Medan, and numerous other cities.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA.