Risk factor
High price volatility
Profitability factor
Greatly undervalued vs peers
About
Established in 1964 and headquartered in West Jakarta, Indonesia, PT Samudera Indonesia Tbk, a subsidiary of PT Samudera Indonesia Tangguh, operates as a comprehensive provider of cargo transportation and integrated logistics solutions. The company extends its services across Indonesia, Southeast Asia, the Middle East, India, and other international markets. Its extensive portfolio includes container shipping, bulk carrier and tanker operations, and specialized oil and gas transportation. The company also manages crucial port and terminal activities, such as stevedoring, cargo handling, terminal operations, container storage, and the maintenance and repair of port equipment. On land, its offerings encompass freight forwarding, warehousing, distribution centers, inland cargo transport, and a full suite of cold chain and project logistics services, alongside managing container depots and container freight stations. Beyond these core logistics and shipping operations, PT Samudera Indonesia Tbk provides agency and ship management services. It also diversifies into property investment, development, management, and construction, and offers various support services including consulting, employment, general support, IT, and conference and exhibition management.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT