Risk factor
Very high price volatility
Profitability factor
Very poor margins and returns
About
PT Provident Investasi Bersama Tbk, alongside its subsidiaries, manages extensive palm oil plantations across Indonesia. The company oversees the entire cultivation process, from land preparation and nursery establishment to planting, maintaining, and harvesting fresh fruit bunches (FFB). These harvested FFB are then processed into crude palm oil (CPO) and palm kernel, which the company subsequently sells and trades. Currently, its planted palm oil estates span approximately 6,295 hectares. Beyond its agricultural operations, the firm also conducts general trading activities. Provident Investasi Bersama was founded in 2006 and is based in Jakarta, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers.