Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
PT Madusari Murni Indah Tbk, operating through its various entities, is primarily engaged in the manufacturing and distribution of ethanol suitable for food use. Beyond this core product, the company also supplies carbon dioxide gas in both its liquid and solid (dry ice) forms, in addition to producing organic and potassium-based fertilizers. These offerings are marketed under their respective brand names: Molindo Ethanol, Molindo CO2, and Molindo Fertilizer. A diverse array of industries benefits from its products, encompassing the food and beverage, pharmaceutical, cosmetic, cigarette, hospital, furniture, ink, printing, fuel, and welding sectors. The company was founded in 1959 and maintains its head office in Malang, Indonesia. PT Madusari Murni Indah Tbk functions as a subsidiary of PT Cropsco Panen Indonusa.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under