Risk factor
Poor trading liquidity
Profitability factor
Decent dividends
About
PT Tower Bersama Infrastructure Tbk, together with its affiliated companies, specializes in providing essential infrastructure space for telecommunication equipment installation across Indonesia. The company leases out locations on its tower sites to telecommunications operators for antennas and other apparatus necessary for wireless signal transmission. Beyond tower sites, it also grants telecom operators access to its Distributed Antenna System (DAS) networks, which are strategically deployed within urban shopping centers and office complexes. By the end of 2021, specifically December 31st, the firm served 39,088 tenants across its extensive portfolio of 20,578 telecommunications sites, a total comprising 20,466 towers and 112 DAS networks. Established in 2004 and previously known as PT Banyan Mas, PT Tower Bersama Infrastructure Tbk maintains its corporate headquarters in Jakarta Selatan, Indonesia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of TBIG.JK is 1875 and suggests 33.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i