Risk factor
Resilient to price shocks
Profitability factor
Strong margins and returns
About
PT Mayora Indah Tbk, alongside its subsidiaries, is dedicated to the worldwide manufacturing and sales of food and beverage products, serving markets across Indonesia, Asia, and beyond. The company's business activities are structured into three distinct divisions: Packaged Food Processing, Packaged Beverages Processing, and Financial Services. Its broad product lineup includes an extensive range of biscuits, featuring well-known brands such as Roma (encompassing Sari Gandum, Marie Susu, various Malkist options like Abon, Coklat, Korean BBQ, and Keju Tabur, as well as Cream Crackers, Sandwich, and Kelapa), Better, Roma Arden, Slai O Lai, and Royal Choice. In the confectionery segment, popular candies like Kopiko (available in Sugar Free, Cappuccino, and Blister forms), Jae Jae, KIS, and Tamarin are offered. The wafer portfolio boasts products from the Beng Beng series (including Maxx and Share It), Astor, and a diverse selection of Roma wafers (such as Wafer Coklat, Zuperrr Keju, Crepes Roll Kelapa Wijen, SuperStar, and Wafello), complemented by Kalpa. Chocolate enthusiasts can enjoy products under the Choki-Choki and Drink Beng Beng brands. The company maintains a significant presence in the coffee market with its Torabika range (featuring varieties like Duo, Moka, Creamy Latte, Cappuccino, Diet, Jahe Susu, Natacinno, Gilus, and 3 in 1), alongside Kopiko Kopi Aren, Toracafe, ToraSusu, and Tora Flavacino. For nutritional needs, health food products are supplied under the Energen brand (offering chocolate, vanilla, ginger, green bean, corn, date, and oatmilk flavors), as well as Prima Cereal. Furthermore, PT Mayora Indah Tbk provides financial services and is actively involved in the processing of coffee powder, instant coffee, and cacao beans. The company was founded in 1977 and is headquartered in Jakarta, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of MYOR.JK is 2468 and suggests 33.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i