Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
PT Indo Straits Tbk, along with its subsidiaries, offers comprehensive marine civil engineering and logistics support solutions across Indonesia. The company's marine engineering capabilities encompass a wide range of services, including dredging operations, heavy lifting, land reclamation, and piling. They also specialize in the construction of various marine infrastructure projects like ports, jetties, piers, breakwaters, and seawalls, in addition to shore protection and other maritime works, extending to marine civil design, contracting, and construction execution. Beyond engineering, PT Indo Straits Tbk provides essential marine logistics, such as coal transport via barges, transshipment services, and general sea transportation. Furthermore, the company is involved in commodities mining and excavation, and offers maintenance for critical coal mining infrastructure, including hauling roads, stockpiles, and sea transport facilities. Their diverse clientele spans the oil and gas, coal mining, and chemical sectors, as well as construction and fabrication companies. Established in 1984, the company is headquartered in North Jakarta, Indonesia, and operates as a subsidiary of Straits Corporation 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