Risk factor
Very high price volatility
Profitability factor
Strong margins and returns
About
Based in Jakarta, Indonesia, PT Steady Safe Tbk delivers a variety of transportation and financial solutions. The company's operations are segmented into Land Transportation and Financial Services. Its transport offerings encompass bus services, limousine rentals, and taxi operations, while also providing financing. Established in 1971, the enterprise was formerly named PT. Tanda Widjaja Sakti, adopting its current identity as PT Steady Safe Tbk in December 1993. It functions as a subsidiary of PT Infiniti Wahana.
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