Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
PT PP (Persero) Tbk functions as a major construction and investment conglomerate based in Indonesia. Its diverse operations are structured across key divisions, including general Construction; Engineering, Procurement, and Construction (EPC); Property and Realty development; Precast concrete manufacturing; Equipment Rental Services; and Energy projects. The company specializes in developing and delivering a wide array of infrastructure, such as roads, bridges, dams, irrigation systems, ports, airports, and power plants. Additionally, it undertakes the construction and management of various high-rise structures, commercial properties like hotels, offices, shopping, and trade centers, alongside residential developments and other facilities. Furthermore, PT PP delivers specialized Engineering, Procurement, and Construction (EPC) services, with a particular focus on the energy, oil and gas, mining, and manufacturing sectors. Its capabilities also extend to providing building management, leasing, and management consulting services, as well as producing and distributing precast concrete products. Beyond its core activities, PT PP (Persero) Tbk maintains an exceptionally diverse portfolio encompassing ventures in trading, electricity supply, oil and gas exploration and production, telecommunications, water treatment, transportation, toll road concessions, agriculture, printing, workshop operations, animal husbandry, plantation, forestry, and building materials. Founded in 1953, the company maintains its headquarters in Jakarta, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITD.