Risk factor
Meaningful price volatility
Profitability factor
Greatly undervalued vs peers
About
PT Medco Energi Internasional Tbk operates as a comprehensive energy and natural resources enterprise, with its primary focus on the exploration and extraction of oil and gas. Domestically, the company manages an extensive portfolio in Indonesia, comprising 11 exploration and production blocks, a single development block, and four exploration blocks situated across key regions such as Natuna, Sumatra, Kalimantan, Java, and Sulawesi. On the international front, it maintains oil and gas interests in Vietnam, Thailand, Oman, Libya, Yemen, Malaysia, Mexico, and Tanzania. Beyond its core hydrocarbon operations, Medco Energi diversifies its activities into power generation and copper and gold mining on Sumbawa Island, Nusa Tenggara. Furthermore, it oversees infrastructure assets, including a compression station equipped with three gas compressors and ten pipeline facilities located in Gunung Megang, South Sumatra. The company, which originated in 1980 and is headquartered in Jakarta, Indonesia, changed its name from PT Medco Energi Corporation to its current form in 2000. It functions as a subsidiary of PT Medco Daya Abadi Lestari.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of MEDC.JK is 2264 and suggests 91.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i