Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PT Panorama Sentrawisata Tbk is a prominent Indonesian tourism enterprise. Its operations are structured across three key divisions: Travel, Transportation Services, and Convention Services. The Travel segment provides a comprehensive array of services, including guided overland and round-trip journeys, coach rentals, flexible 'free and easy' programs, stopover arrangements, adventure expeditions, and niche interest tours. They also leverage e-commerce and craft bespoke itineraries for incentive groups, alongside managing leisure, corporate, and incentive travel, and supporting travel licensees and independent agents. Under its Convention Services arm, also known as 'media pillar services,' the firm specializes in organizing events and exhibitions for the MICE sector (Meetings, Incentives, Conventions, and Exhibitions). This division also produces live entertainment, encompassing musical, theatrical, and other stage performances, and publishes travel magazines and books. Furthermore, its Transportation Services include luxury bus charters, intercity shuttle routes, dedicated tourism coaches, and 'open trip' options. Established in 1995, PT Panorama Sentrawisata Tbk is headquartered in Jakarta Barat, Indonesia, and operates as a subsidiary of PT Panorama Tirta Anugerah.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT