Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
PT Waskita Beton Precast Tbk, an Indonesian company established in 2013 and headquartered in Jakarta Timur, specializes in the production and supply of precast and ready-mix concrete. Operating through its Precast Concrete, Ready Mix & Quarry Concrete, and Construction Services segments, the company offers a wide range of concrete products. These include structural elements like girders, various types of piles, barriers, culverts, gutters, and diverse slab designs, alongside specialized items such as railway sleepers, electric poles, and tetrapods. Beyond manufacturing, PT Waskita Beton Precast Tbk also delivers comprehensive construction support services, including engineering, installation, piling, general construction assistance, and post-tensioning. It operates as a subsidiary of PT Waskita Karya (Persero) Tbk.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is reasonably priced on P/FCF.