Risk factor
Very high price volatility
Profitability factor
Weak growth
About
PT Sumber Mas Konstruksi Tbk, an Indonesian company, functions as both a general contractor and an interior design specialist. Its extensive construction activities cover a wide array of projects, from major infrastructure like highways, toll roads, and bridges, to various building types such as office complexes, apartments, hospitality venues, retail spaces, housing developments, hospitals, universities, public amenities, and towering structures. The firm also undertakes renovation work for existing buildings. Additionally, its services include specialized air and seaport construction, comprehensive construction supervision, and telecommunications infrastructure development, encompassing installation, testing, commissioning, and support for base transceiver stations. Engineering services are also a key offering. Established in 1981, the company maintains its headquarters in South Jakarta, Indonesia, and operates as a subsidiary of PT Vina Nauli Jordania.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV