Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Perdana Karya Perkasa Tbk, a subsidiary of PT Deli Pratama Batubara, was established in 1983 and is headquartered in South Jakarta, Indonesia. The company delivers a comprehensive range of construction support services to Indonesia's oil and gas sector. Its activities also encompass coal mining and equipment leasing. PKPK provides vital operational assistance, maintains various light and heavy vehicles, and supplies their spare parts. Additionally, the company specializes in the installation and maintenance of oil and gas pipelines, as well as machinery, electrical, instrumentation, and production equipment. Its expertise further includes architectural and building construction, steel structure fabrication, civil engineering, earthworks, and land clearing.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA