Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Established in 1929 and based in Jakarta, Indonesia, PT Multi Bintang Indonesia Tbk is a prominent player in the Indonesian beverage sector, manufacturing and distributing both alcoholic and non-alcoholic drinks. The company boasts an extensive product lineup, which includes various beers, ciders, sodas, and carbonated soft drinks, marketed under well-known labels like Heineken, Bintang, Bintang Radler, Strongbow, Bintang Zero, Bintang Crystal, Fayrouz, and Green Sands. In addition to its domestic operations, the firm also engages in exporting its goods. PT Multi Bintang Indonesia Tbk functions as a subsidiary of Heineken International B.V.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of MLBI.JK is 9050 and suggests 29.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i