Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Established in 1980 and headquartered in Jakarta Selatan, Indonesia, PT SLJ Global Tbk (formerly PT Sumalindo Lestari Jaya Tbk until December 2012) is a diversified enterprise. The company's operations, encompassing timber production, power generation, and logging, extend across an international footprint including the United States, Indonesia, East Asia, Europe, Australia, and Southeast Asia. Its business is structured into two core segments: Timber Manufacturing and Power Plant, in addition to Logging. Key assets under its management include six natural forest concessions, covering a vast area of 770,455 hectares, and a power facility with a 22.5-megawatt capacity. Beyond these, PT SLJ Global Tbk is also engaged in the manufacturing of plywood and medium-density fiberboard, as well as mining operations.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is 'expensive' on EV/EBITDA.