Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Headquartered in South Jakarta, Indonesia, PT City Retail Developments Tbk, established in 2003, is primarily involved in the acquisition, development, and management of retail shopping centers across the country. The company, which traded as PT Nirvana Development Tbk until its name change in May 2018, extends its activities to include building construction, property leasing, hotel administration, and various investment undertakings. Its business operations are structured into distinct segments: Shopping mall, Hotel, Shophouse, and a general 'Others' category. The real estate holdings of the firm feature land parcels, condotel units, and commercial shophouse buildings. PT City Retail Developments Tbk functions as a subsidiary of PT Mega Inti Perdana Utama.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is 'expensive' on EV/EBITDA, trading at neutral levels on