Risk factor
Very high price volatility
Profitability factor
Strong growth
About
PT Trimegah Sekuritas Indonesia Tbk is an Indonesian financial services company specializing in securities brokerage, underwriting, and investment management. Its Equity Trading division caters to both individual and institutional investors, providing services for primary market equity sales and secondary market stock trading, particularly for institutional clients like asset managers, pension funds, and other brokerage firms. The Fixed Income Trading division facilitates a variety of government bond transactions, including retail, Sharia-compliant, and savings bonds, as well as corporate bonds, serving insurance companies, fund managers, pension funds, banks, and other securities entities. Through its Investment Banking arm, the company offers crucial underwriting services for both debt and equity issuances, alongside comprehensive financial advisory on matters such as mergers and acquisitions, divestitures, business valuation, due diligence, corporate restructuring, and securing financing. Trimegah also manages and distributes diverse investment funds—including equity, balanced, fixed income, and money market funds—for corporations, financial institutions, and pension schemes, and functions as a mutual fund selling agent. Additionally, it provides clients with an online trading platform. Established in Jakarta, Indonesia, in 1990, the company was formerly known as PT Trimegah Securities Tbk before adopting its current name in July 2016.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.