Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
PT Malindo Feedmill Tbk, operating alongside its various subsidiaries, is a diversified agribusiness entity based in Indonesia. Its core activities span livestock feed manufacturing, integrated poultry breeding and broiler farming, and the production of processed food items. The company develops and supplies a comprehensive range of animal nutrition products, including specialized feeds for broilers, layers, ducks, and other farm animals. Furthermore, it provides essential poultry inputs such as parent breeding stock and day-old chicks (DOC) for grow-out operations. Malindo Feedmill also engages directly in the cultivation of broiler chickens. For consumers, the company produces a variety of value-added food products, predominantly chicken-based. These retail offerings, marketed under its SunnyGold and Ciki Wiki brands, encompass items like chicken nuggets, tempura, sticks, various cuts of chicken wings (including tulip wings), karaage, drumsticks, sausages, and assorted multi-item packs. Established in 1997, PT Malindo Feedmill Tbk maintains its headquarters in Jakarta Selatan, Indonesia, and operates as a subsidiary of Dragon Amity Pte. Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD