Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PT Surya Semesta Internusa Tbk (SSIA.JK) is a diversified Indonesian enterprise primarily involved in the construction sector, along with several other key business areas. The company organizes its operations into five principal segments: the development of industrial estates, real estate and property leasing, general building construction, strategic investments in other companies, and the hospitality industry. SSIA's activities span the creation and management of industrial parks, various real estate projects, commercial centers, and other building developments. It delivers comprehensive construction and general contracting solutions for a wide range of undertakings, including commercial structures, mining facilities, and infrastructure development. Additionally, the company holds a significant presence in the hotel and resort market, where it focuses on development, management, and overall hospitality services. Its lodging portfolio comprises approximately ten hotels, operating under renowned brands such as Gran Meliá Jakarta, Meliá Bali Hotels, Jumana Ungasan Resort Bali, The Plaza Hotel Glodok, and BATIQA Hotels. Beyond these core areas, PT Surya Semesta Internusa Tbk also generates revenue from leasing office complexes and shopping centers, and offers services in trading, logistics (transportation and warehousing), agriculture, and property management. Originally founded in 1971 as PT Multi Investments Limited, the company rebranded to PT Surya Semesta Internusa Tbk in 1995. Its corporate headquarters are located in Jakarta, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of SSIA.JK is 2226 and suggests 40% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc