Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating primarily in Indonesia, PT Modernland Realty Tbk specializes in the development and sale of diverse real estate properties. Its extensive ventures encompass residential housing, apartments, hotels, offices, and retail complexes. The company also undertakes significant infrastructure projects, including roads, bridges, airports, and piers, in addition to developing industrial parks and warehouses. Beyond construction, Modernland Realty Tbk provides property management and leasing solutions. Its activities also span heavy construction component installation, iron and steel structural work, and various trading operations related to real estate, including import, export, distribution, and agency functions. Furthermore, the company manages golf courses, clubhouse dining establishments, and hotels, offering comprehensive hospitality, general contracting, and commercial services. Founded in 1983, PT Modernland Realty Tbk maintains its headquarters in Jakarta Barat, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.