Risk factor
Sufficiently resilient to price shocks
Profitability factor
Very strong margins and returns
About
PT Triputra Agro Persada Tbk (TAPG.JK) operates primarily within Indonesia's oil palm plantation sector and palm oil processing industry. The company produces a range of commodities including crude palm oil (CPO), palm kernel, slab, and ribbed smoked sheet. Beyond its core agricultural pursuits, Triputra Agro Persada also has interests in rubber cultivation, provides management consulting, engages in wholesale trading, and participates in construction and mining ventures. As of December 31, 2021, its total planted area dedicated to oil palm encompassed approximately 85,086 hectares. Established in 2005 as PT. Alam Permata Indah, the company adopted its current name, PT Triputra Agro Persada Tbk, in March of the same year. Its main offices are located in Jakarta Selatan, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is underpriced on P/E, of fair value
Target Price
The average target price of TAPG.JK is 2531 and suggests 32.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i