Risk factor
Poor trading liquidity
Profitability factor
Undervalued vs peers
About
Operating within Indonesia, PT Bank OCBC NISP Tbk delivers a comprehensive array of financial solutions and products tailored for both corporate entities and individual consumers. Its offerings span various deposit options, such as savings and checking accounts, in addition to a wide selection of loan products including home mortgages, versatile personal loans, automobile financing, and credit facilities for working capital and investment. The bank also provides both credit and debit cards. Beyond traditional banking, it supports wealth management with mutual funds, insurance policies, foreign exchange services, bonds, and structured products, further enhanced by premier and private banking segments. For its business clientele, the bank supplies treasury management, cash management, and trade finance services, encompassing supplier financing and support for import and export transactions. Digital accessibility is ensured through web and mobile banking platforms, alongside diverse payment services. Supplementary services include the issuance of bank reference, comfort, and confirmation letters, secure safe deposit box rentals, telegraphic transfers, remittance services, and e-tax processing. The bank's operational network comprises 236 physical branches and 592 automated teller machines throughout Indonesia. Founded in 1941, the institution was initially known as PT Bank NISP Tbk before adopting its current designation and establishing its headquarters in Jakarta. As of June 5, 2022, it functions as a subsidiary of OCBC Overseas Investments Pte. Ltd.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalue
Target Price
The average target price of NISP.JK is 1500 and suggests 24.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i