Risk factor
Very high price volatility
Profitability factor
Weak growth
About
PT Xolare RCR Energy TBK engages in the trading and processing of asphalt in Indonesia. It operates through two segments, Asphalt and Construction. The company sells penetration grade Asphalt/Bitumen under the XOLABIT brand name; and modified asphalt processing products. It also provides construction services, such as building, mechanical, electrical, and road construction, as well as solar PV system construction services. In addition, the company is involved in mining, industry, electricity, and trading activities. PT Xolare RCR Energy TBK was formerly known as PT. RCR Energy Indonesia and changed its name to PT Xolare RCR Energy TBK in January 2022. PT Xolare RCR Energy TBK was founded in 2014 and is based in Jakarta Selatan, Indonesia. PT Xolare RCR Energy TBK is a subsidiary of PT Energi Hijau Investama.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
