Risk factor
Very poor trading liquidity
Profitability factor
Weak growth
About
PT Mitrabara Adiperdana Tbk, along with its affiliated entities, primarily operates within the coal mining, trading, and industrial sectors. The company possesses significant interests in coal mining concessions, encompassing a total area of 1,930 hectares and an additional 1,030 hectares, all situated in the Malinau Regency of North Kalimantan. Beyond its core coal operations, the firm also manages biomass power generation facilities and delivers plantation services. Its diverse product portfolio is distributed across various international markets, including China, South Korea, the Philippines, Taiwan, and New Zealand, in addition to serving the domestic Indonesian market. Founded in 1992, the company maintains its headquarters in Jakarta Pusat, Indonesia, and functions as a subsidiary of PT Wahana Sentosa Cemerlang.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'cheap' on EV/EBITD