Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Langgeng Makmur Industri Tbk manufactures and sells aluminum kitchenware, plastic houseware, pipes, fittings, and profiles in Asia, the Middle East, and internationally. The company operates through Aluminium Cookware; PVC Pipes, Fittings and Profiles; and Plastic Houseware and Others segments. It offers aluminum kitchenware products comprising pots, woks, kettles, polished rice containers, basins, rantangs, soup cases, egg poachers, pans, bowls, roasters, food bowls, and sieves; and plastic houseware products, such as container and storage, food service, kitchen and bathroom, and household products, as well as pails and basins. The company also provides nonstick cookware and bakeware products; and PVC and PE pipes, PVC fittings, and PVC profiles comprising rain gutter and water hose. The company was formerly known as PT Langgeng Makmur Plastic Industry Ltd. and changed its name to PT Langgeng Makmur Industri Tbk in July 1997. The company was founded in 1972 and is headquartered in Sidoarjo, Indonesia.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overvalued on P/FCF.