Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating in Indonesia, PT Wahana Ottomitra Multiartha Tbk (WOMF.JK) and its associated entities are primarily involved in providing consumer finance services. Their extensive offerings encompass investment funding and capital for operations, including instruments like financial leases, sale-and-leaseback options, factoring, and direct financing for various projects, from general endeavors to large-scale infrastructure. Additionally, they provide installment payment plans for purchases and other financial provisions. A significant part of their business also involves extending credit for the acquisition of both brand-new and pre-owned motorcycles and automobiles. Founded in 1982, the company initially traded as PT Wahana Ometraco Multi Artha, subsequently rebranding to PT Wahana Ottomitra Multiartha Tbk in March 2000. Headquartered in Jakarta Utara, Indonesia, it functions as a subsidiary of PT Bank Maybank Indonesia Tbk.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, undervalued on P/R