Risk factor
Very high price volatility
Profitability factor
Strong margins and returns
About
PT Mitra Pedagang Indonesia Tbk, a technology company, provides digital products, and FMCG and digital financial services in Indonesia. The company operates MPStore that allows to buy and sell wholesale goods, including basic necessities, instant noodles, kitchen spices, milk products, and kitchen equipment, as well as provides various online services for wholesale and retail traders; and M-Pulsa, a solution for traders and individuals to make transactions. It is also involved in trading of prepaid cards and telecommunications equipment, and wireless telecommunications activities; and offers call, SMS, internet, and public internet telephony services. The company was founded in 2019 and is headquartered in Bangkalan, Indonesia. PT Mitra Pedagang Indonesia Tbk is a subsidiary of PT Madura Prima Investama.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
