Risk factor
Very high price volatility
Profitability factor
Weak growth
About
PT Xolare RCR Energy Tbk. (SOLA.JK), an Indonesian firm, primarily operates within the asphalt and construction industries. The company is involved in both the commerce and manufacturing of asphalt, offering products such as its XOLABIT brand of penetration grade asphalt and various modified asphalt formulations. Its construction division delivers a comprehensive suite of services, encompassing general building, mechanical, electrical, road infrastructure, and solar photovoltaic (PV) system installation. Beyond these core areas, the enterprise extends its activities into mining, industrial operations, electricity generation, and general trading. Established in 2014, this Jakarta Selatan-based entity was formerly known as PT. RCR Energy Indonesia, adopting its current name in January 2022. It functions as a subsidiary of PT Energi Hijau Investama.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV