Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
PT Multi Spunindo Jaya Tbk, headquartered in Sidoarjo, Indonesia, is a producer and international supplier of nonwoven fabrics. The company offers a diverse range of spunbond materials, including polypropylene, polyester (PET), polyethylene (PE), bicomponent PET/PE, biodegradable options, and 3D embossed types, in addition to meltblown and spunmelt textiles, and tailored nonwoven composite solutions. These versatile materials are utilized in numerous sectors, such as personal care and hygiene, healthcare, agriculture and horticulture, geotextiles, building and construction, automotive, home furnishings, filtration, apparel and footwear, absorbents and wiping products, packaging, and FRP pipe industries. Multi Spunindo Jaya also participates in plastic recycling and various trading operations. Established in 1997, the company functions as a subsidiary of PT Maju Selaras Jayamerta.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued