Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
PT Pikko Land Development Tbk, an Indonesian company established in 1984, is primarily involved in the development and sale of real estate properties. Beyond its core operations, the firm also strategically invests in equity markets and a diverse range of tangible assets, including undeveloped land parcels and individual apartment units. The company adopted its present name, PT Pikko Land Development Tbk, in October 2012, having previously been known as PT Royal Oak Development Asia Tbk. Its corporate headquarters are situated in Jakarta, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is reasonably priced on P/FCF.