Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
PT Global Sukses Solusi Tbk specializes in the creation, development, and deployment of comprehensive enterprise resource planning (ERP) software, branded as RUN System. These solutions are meticulously engineered to streamline a wide array of business processes for organizations throughout Southeast Asia. The company's robust offerings include essential financial management features such as cost containment, cash flow optimization, asset tracking, corporate accounting, and efficient handling of both accounts payable and receivable. Its capabilities also extend to refining sales operations, international trade logistics, and distribution network management. For supply chain excellence, RUN System provides modules for material management, advanced warehouse management systems, inventory control, and sophisticated production planning, encompassing capacity forecasting and material requirement planning. Procurement processes are enhanced with tools for purchasing, contract administration, raw material acquisition, and e-procurement. Furthermore, the software facilitates human capital management, covering aspects like performance evaluation, organizational development, staff assessment, training programs, and recruitment initiatives. These integrated solutions cater to a broad spectrum of industries, including manufacturing, construction, mining and quarrying, financial services, agriculture and forestry, industrial parks, property development, professional and business services, and the tourism and hospitality sector. Established in 2013, PT Global Sukses Solusi Tbk maintains its corporate headquarters in Yogyakarta, Indonesia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, trading at ne