Risk factor
Very high price volatility
Profitability factor
Solid dividends
About
PT Surya Citra Media Tbk, along with its subsidiaries, delivers a broad spectrum of multimedia services across Indonesia. The company is notably the proprietor of the SCTV and Indosiar television channels. Its diverse service portfolio also encompasses entertainment and advertising solutions, artist representation, streaming video platforms, and comprehensive television broadcasting. Beyond broadcasting, PT Surya Citra Media is deeply involved in various content-related ventures. This includes active participation in film and content trading, content management and production, and serving as a production house. It also engages in broader multimedia operations, including film production and video recording. Film distribution and marketing are among its core offerings. The company further provides an array of specialized services, such as information technology, promotional and marketing strategies, general telecommunications support, management and production agency functions, public relations, and mass media and audio recording. Its business scope also extends to rental services and management consultation. Furthermore, its operations encompass the management of web portals and active involvement in servicing, trading, and event organizing. Established in 1999 as PT Cipta Aneka Selaras, the company officially changed its name to PT Surya Citra Media Tbk in January 2002. Headquartered in Jakarta, Indonesia, it operates as a subsidiary of PT Elang Mahkota Teknologi Tbk.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of SCMA.JK is 200 and suggests 2.04% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat