Equity Valuation Outstanding

Shares Price Price Mkt Cap Net Profit EPS Growth PER (x) EV/EBITDA (x) P/BV (x) Div.Yield ROE PCF EBITDA Growth Net Gearing
As of 17 July 2020 Code Rating (Mn) (Rp) Target (Rp Bn) 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021
Mandiri Universe 3,720,575.4 187,305.6 256,075.8 -26.0% 36.7% 19.9 14.5 13.3 11.6 2.1 1.9 3.4% 2.5% 10.5% 13.7% 15.4 15.3 -8.2% 13.3% 24.4% 21.6%
Banking 1,384,653.7 63,760.1 102,414.4 -34.2% 60.6% 21.7 13.5 N.A. N.A. 2.0 1.8 3.2% 1.6% 9.2% 14.2% N.A. N.A. N.A. N.A. N.A. N.A.
BCA BBCA Neutral 24,655 30,600 26,500 754,443.2 22,167.0 29,780.8 -22.4% 34.3% 34.0 25.3 N.A. N.A. 4.3 3.8 1.8% 1.2% 12.6% 15.9% N.A. N.A. N.A. N.A. N.A. N.A.
BNI BBNI Buy 18,649 4,670 5,900 87,089.2 7,073.2 15,323.1 -54.0% 116.6% 12.3 5.7 N.A. N.A. 0.8 0.7 4.4% 2.0% 6.2% 13.3% N.A. N.A. N.A. N.A. N.A. N.A.
BRI BBRI Buy 123,299 3,100 3,000 382,225.4 20,228.8 35,698.8 -41.1% 76.5% 18.9 10.7 N.A. N.A. 2.0 1.7 5.4% 1.6% 10.2% 17.3% N.A. N.A. N.A. N.A. N.A. N.A.
BTN BBTN Buy 10,590 1,305 1,350 13,820.0 1,235.9 1,554.0 490.6% 25.7% 11.2 8.9 N.A. N.A. 0.8 0.7 4.1% 2.1% 6.0% 8.6% N.A. N.A. N.A. N.A. N.A. N.A.
Danamon BDMN Buy 9,585 2,750 4,000 26,357.6 2,703.0 4,751.6 -33.6% 75.8% 9.8 5.5 N.A. N.A. 0.6 0.5 5.4% 3.6% 6.0% 10.0% N.A. N.A. N.A. N.A. N.A. N.A.
Bank BJB BJBR Buy 9,839 910 860 8,953.3 1,260.1 1,438.1 -19.2% 14.1% 7.1 6.2 N.A. N.A. 0.8 0.8 10.3% 10.3% 11.0% 12.8% N.A. N.A. N.A. N.A. N.A. N.A.
Bank Jatim BJTM Buy 14,918 540 590 8,101.3 1,145.5 1,434.0 -16.8% 25.2% 7.1 5.6 N.A. N.A. 0.8 0.8 8.9% 9.0% 12.2% 14.4% N.A. N.A. N.A. N.A. N.A. N.A.
CIMB Niaga BNGA Buy 25,132 780 840 19,602.7 2,340.1 4,211.1 -35.8% 80.0% 8.4 4.7 N.A. N.A. 0.5 0.5 7.4% 4.8% 5.6% 10.1% N.A. N.A. N.A. N.A. N.A. N.A.
BNLI BNLI Sell 28,016 1,275 430 35,754.5 908.9 1,494.2 -39.4% 64.4% 39.3 23.9 N.A. N.A. 1.5 1.4 0.0% 0.0% 3.8% 6.0% N.A. N.A. N.A. N.A. N.A. N.A.
Panin PNBN Buy 24,088 815 1,100 19,631.4 1,976.2 3,507.7 -40.4% 77.5% 9.9 5.6 N.A. N.A. 0.5 0.4 0.0% 0.0% 4.8% 8.3% N.A. N.A. N.A. N.A. N.A. N.A.
BTPS BTPS Buy 7,704 3,190 3,200 24,574.8 1,188.9 1,547.0 -15.1% 30.1% 20.7 15.9 N.A. N.A. 3.9 3.2 1.1% 1.0% 20.3% 22.2% N.A. N.A. N.A. N.A. N.A. N.A.
BFI Finance BFIN Buy 15,967 274 900 4,100.2 1,532.3 1,674.1 6.4% 9.2% 2.7 2.4 N.A. N.A. 0.5 0.4 10.5% 11.2% 19.8% 18.8% N.A. N.A. N.A. N.A. N.A. N.A.
Construction & materials 169,580.6 8,209.4 11,196.3 -33.4% 36.4% 20.7 15.1 11.7 9.5 1.3 1.2 2.0% 1.7% 6.0% 8.2% 17.0 9.2 -3.3% 24.4% 138.1% 138.8%
Indocement INTP Buy 3,681 12,175 14,500 44,819.0 1,672.7 2,003.1 -8.9% 19.8% 26.8 22.4 12.0 10.5 1.9 1.8 1.4% 1.3% 7.1% 8.1% 18.8 13.0 -7.0% 9.9% -34.5% -39.5%
Semen Indonesia SMGR Buy 5,932 9,350 11,020 55,459.7 2,520.2 2,824.6 5.4% 12.1% 22.0 19.6 9.1 8.5 1.6 1.6 2.2% 1.7% 7.6% 8.1% 14.5 9.4 1.6% 3.1% 69.0% 56.5%
Adhi Karya ADHI Neutral 3,561 635 1,120 2,261.1 618.8 592.6 -6.8% -4.2% 3.7 3.8 4.1 4.2 0.4 0.3 5.9% 5.5% 9.4% 9.1% 6.9 2.3 -2.2% -5.4% 68.0% 66.4%
Pembangunan Perumahan PTPP Buy 6,200 985 2,050 6,106.9 980.6 1,320.0 2.4% 34.6% 6.2 4.6 5.1 4.8 0.6 0.5 4.7% 4.8% 8.1% 11.5% 2.1 6.8 11.4% 14.2% 59.6% 69.1%
Wijaya Karya WIKA Buy 8,960 1,250 2,500 11,200.3 1,670.8 1,871.3 -17.2% 12.0% 6.7 6.0 5.1 3.6 0.7 0.7 3.0% 3.3% 10.6% 11.7% 3.4 5.6 13.9% 20.6% 33.5% 14.8%
Waskita Karya WSKT Buy 13,574 725 1,010 9,701.2 (947.9) (869.1) N/M 8.3% -10.2 -11.2 21.9 17.6 0.9 0.9 -2.0% -1.8% -6.5% -8.1% 1.6 3.9 -6.6% 27.2% 546.0% 749.7%
Wijaya Karya Beton WTON Buy 8,715 300 700 2,614.6 585.5 677.5 14.3% 15.7% 4.5 3.9 3.3 2.9 0.7 0.6 5.9% 6.7% 16.6% 16.9% 1.8 5.5 2.5% 14.1% 23.1% 21.2%
Waskita Beton WSBP Buy 26,361 208 360 5,483.1 842.4 954.5 4.5% 13.3% 6.5 5.7 5.7 5.1 0.7 0.6 7.4% 7.7% 10.3% 11.0% 1.9 4.9 8.4% 11.4% 54.7% 50.1%
Jasa Marga JSMR Buy 7,258 4,400 5,900 31,934.6 266.1 1,821.7 -87.9% 584.6% 120.0 17.5 23.8 12.6 1.7 1.6 1.4% 0.2% 1.4% 9.4% -2.4 25.9 -26.6% 101.0% 385.2% 408.4%
Consumer staples 942,472.7 40,952.4 51,121.3 -15.5% 24.8% 23.0 18.4 15.1 12.3 4.9 4.4 3.7% 3.2% 21.8% 25.4% 18.6 17.6 -17.8% 22.1% -2.1% -5.6%
Indofood CBP ICBP Buy 11,662 9,275 10,300 108,164.2 5,388.7 6,005.4 6.9% 11.4% 20.1 18.0 11.8 11.0 3.8 3.4 2.3% 2.5% 20.1% 20.1% 15.9 14.6 5.7% 5.4% -30.1% -33.2%
Indofood INDF Buy 8,781 6,550 8,450 57,508.7 5,244.9 5,573.3 6.9% 6.3% 11.0 10.3 7.1 6.5 1.4 1.3 4.2% 4.5% 13.4% 13.2% 9.2 8.3 -9.9% 8.6% 13.9% 11.1%
Mayora MYOR Buy 22,359 2,220 2,650 49,637.0 2,861.3 2,744.6 43.9% -4.1% 17.3 18.1 12.3 11.0 4.2 3.7 1.5% 2.2% 26.7% 21.8% 51.5 10.4 15.7% 7.5% 35.8% 12.6%
Unilever UNVR Buy 38,150 8,125 9,500 309,968.8 7,495.3 8,037.7 1.4% 7.2% 41.4 38.6 29.5 27.3 61.1 58.6 2.4% 2.4% 144.7% 155.1% 39.6 32.6 -3.4% 7.9% 65.3% 44.8%
Gudang Garam GGRM Buy 1,924 49,600 63,450 95,434.8 7,421.7 10,320.8 -31.8% 39.1% 12.9 9.2 8.4 6.6 1.8 1.6 5.2% 5.2% 14.2% 18.4% 7.4 14.7 -26.3% 31.7% 19.1% 24.0%
HM. Sampoerna HMSP Buy 116,318 1,840 2,400 214,025.3 8,342.4 13,384.0 -39.2% 60.4% 25.7 16.0 20.0 11.9 7.0 6.0 6.3% 3.8% 25.2% 40.4% 21.6 15.8 -44.4% 64.5% -42.9% -54.9%
Kalbe Farma KLBF Buy 46,875 1,465 1,650 68,672.1 2,763.6 2,985.1 10.2% 8.0% 24.8 23.0 16.9 15.4 3.9 3.6 2.0% 2.2% 16.6% 16.4% 19.0 22.4 3.8% 8.8% -20.7% -21.7%
Sido Muncul SIDO Buy 15,000 1,210 1,450 18,150.0 871.8 946.7 7.9% 8.6% 20.8 19.2 15.4 14.2 5.7 5.4 4.0% 4.6% 27.8% 29.0% 20.4 18.8 1.1% 8.6% -29.4% -29.5%
Multi Bintang MLBI Buy 2,107 9,925 14,650 20,912.0 562.7 1,123.8 -53.3% 99.7% 37.2 18.6 18.8 12.1 26.0 15.3 4.3% 2.7% 57.7% 103.6% 13.3 24.2 -42.8% 52.9% 16.4% -17.5%
Healthcare 50,211.7 1,041.8 1,270.7 3.5% 22.0% 48.2 39.5 16.5 14.0 3.8 3.5 0.1% 0.2% 8.0% 9.2% 26.0 23.4 9.2% 16.5% -12.0% -16.9%
Mitra Keluarga MIKA Buy 14,551 2,280 2,600 33,175.7 693.1 815.4 -5.1% 17.6% 47.9 40.7 32.1 26.7 7.1 6.4 0.0% 0.0% 15.4% 16.5% 43.0 40.7 -3.4% 19.4% -29.7% -32.0%
Siloam Hospital SILO Buy 1,625 5,050 7,150 8,206.3 44.4 100.1 107.0% 125.6% 184.9 82.0 6.8 5.4 1.3 1.3 0.0% 0.0% 0.7% 1.6% 13.5 12.0 16.6% 13.9% -16.0% -25.9%
Hermina HEAL Buy 2,973 2,970 5,200 8,829.8 304.3 355.2 19.4% 16.7% 29.0 24.9 10.9 9.6 3.9 3.4 0.8% 0.9% 14.1% 14.6% 16.1 13.6 17.3% 16.2% 36.4% 37.5%
Consumer discretionary 301,856.2 18,209.0 25,232.8 -39.6% 38.6% 16.6 12.0 9.4 8.4 1.5 1.4 4.2% 2.9% 9.3% 12.2% 5.0 11.8 -18.2% 11.2% 19.8% 17.8%
Ace Hardware Indonesia ACES Neutral 17,150 1,635 1,500 28,040.3 710.8 1,055.3 -31.0% 48.5% 39.5 26.6 30.4 21.6 5.7 5.0 1.8% 1.3% 14.7% 20.0% 22.9 49.7 -31.7% 40.4% -39.6% -38.1%
Matahari Department Store LPPF Buy 2,918 1,350 1,800 3,939.2 50.4 496.7 -96.3% 884.6% 78.1 7.9 6.6 2.6 2.2 1.7 0.0% 0.4% 2.8% 24.4% 56.4 4.8 -78.5% 116.9% -58.8% -70.2%
MAP Aktif MAPA Buy 2,850 2,250 3,850 6,413.4 54.4 606.1 -92.1% 1013.2% 117.8 10.6 16.1 5.5 2.1 1.8 0.0% 0.3% 1.8% 18.0% 11.1 31.3 -71.2% 193.3% -35.8% -33.0%
Mitra Adiperkasa MAPI Buy 16,600 700 1,000 11,620.0 (1,704.4) 543.3 N/M N/M -6.8 21.4 -113.6 7.2 2.8 2.4 1.8% 0.0% -32.8% 12.1% -13.0 14.6 N/M N/M 39.5% 52.1%
Ramayana RALS Buy 7,096 565 700 4,009.2 (131.9) 142.9 N/M N/M -30.4 28.1 -45.7 9.6 1.1 1.1 9.5% -2.1% -3.5% 3.9% -32.1 11.1 N/M N/M -45.9% -54.3%
Erajaya Swasembada ERAA Buy 3,190 1,455 1,500 4,641.5 140.3 355.3 -52.5% 153.2% 33.1 13.1 14.0 9.1 0.9 0.9 0.6% 1.5% 2.9% 7.0% -104.3 8.1 -25.5% 52.7% 52.2% 47.6%
Astra International ASII Buy 40,484 5,200 5,000 210,514.5 14,709.9 17,215.6 -32.2% 17.0% 14.3 12.2 9.1 9.2 1.4 1.3 4.6% 3.1% 9.8% 10.9% 3.8 12.2 -9.3% -0.5% 25.5% 24.5%
Surya Citra Media SCMA Buy 14,622 1,235 1,800 18,188.7 1,565.6 1,693.2 35.7% 8.1% 11.6 10.7 8.1 7.7 3.1 2.8 6.0% 6.5% 28.6% 27.4% 11.4 9.9 29.8% 2.8% -13.6% -16.3%
Media Nusantara Citra MNCN Buy 13,047 900 2,200 11,163.4 2,427.2 2,593.1 24.1% 6.8% 4.6 4.3 3.4 3.0 0.8 0.7 3.3% 3.5% 19.7% 18.0% 4.7 4.2 16.9% 3.6% 16.7% 2.5%
MNC Studios MSIN Buy 5,202 256 650 1,331.7 267.2 315.5 16.3% 18.1% 5.0 4.2 2.9 2.8 0.9 0.8 10.0% 11.8% 18.5% 19.8% 3.7 6.3 15.9% 13.8% -5.7% 1.9%
Sarimelati Kencana PZZA Buy 3,022 660 900 1,994.4 119.4 215.7 -40.3% 80.6% 16.7 9.2 6.3 4.6 1.5 1.3 5.0% 3.0% 8.8% 15.0% 9.4 5.2 -23.7% 43.5% 7.8% 12.9%
Commodities 232,157.5 21,423.8 22,942.2 -11.8% 7.1% 10.8 10.1 4.1 3.7 1.0 0.9 3.6% 3.7% 9.4% 9.6% 5.1 5.5 -9.7% 2.3% -2.2% -10.7%
United Tractors UNTR Buy 3,730 18,450 22,500 68,821.0 8,961.5 9,194.8 -20.8% 2.6% 7.7 7.5 3.4 2.9 1.1 1.0 3.9% 4.0% 14.6% 13.6% 6.1 4.9 -14.7% 1.3% -8.8% -20.1%
Adaro (USD) ADRO Neutral 31,986 1,155 1,350 36,943.8 372.2 353.0 -7.9% -5.2% 6.9 7.4 2.9 2.7 0.7 0.6 5.1% 4.7% 9.7% 8.7% 3.5 3.5 -6.9% -4.1% 4.2% -4.7%
Harum Energy (USD) HRUM Neutral 2,661 1,210 1,300 3,105.6 17.4 13.6 -5.9% -21.7% 12.5 16.1 0.3 0.0 0.7 0.7 4.4% 3.4% 5.5% 4.2% 6.0 8.9 -2.4% -13.7% -93.3% -96.3%
Indika Energy (USD) INDY Neutral 5,210 975 910 5,079.9 1.6 6.4 N/M 286.9% 215.5 56.2 1.7 1.3 0.4 0.4 0.1% 0.4% 0.2% 0.7% 0.9 1.4 -14.4% 2.4% 27.6% 9.0%
Indo Tambangraya Megah (USD) ITMG Neutral 1,108 7,850 10,450 8,608.0 100.2 101.0 -20.8% 0.9% 6.0 6.0 1.7 1.6 0.7 0.7 14.1% 14.1% 11.4% 11.4% 2.2 3.8 -16.1% 0.9% -29.8% -32.5%
Bukit Asam PTBA Neutral 11,523 2,140 2,350 24,658.2 3,481.8 3,496.3 -18.3% 0.4% 7.0 7.0 4.4 4.3 1.3 1.3 10.6% 10.6% 18.8% 18.3% 5.3 6.8 -12.6% 1.5% -21.7% -21.2%
Antam ANTM Buy 24,031 660 700 15,860.3 (21.8) 196.7 N/M N/M -728.4 80.6 13.4 12.3 0.7 0.7 0.0% 0.4% -0.1% 0.9% 26.3 12.0 -29.1% 8.0% 16.3% 14.1%
Vale Indonesia (USD) INCO Buy 9,936 3,200 3,500 31,796.3 87.8 132.7 53.0% 51.1% 25.3 16.9 7.2 5.8 1.1 1.0 0.0% 0.0% 4.4% 6.3% 8.4 11.1 13.8% 17.0% -21.6% -25.6%
Timah TINS Neutral 7,448 640 670 4,766.6 (419.9) 246.4 31.3% N/M -11.4 19.3 37.2 9.1 0.9 0.9 -3.1% 1.8% -8.1% 4.6% 1.7 4.1 -53.0% 289.3% 149.7% 134.5%
Merdeka Copper Gold (USD) MDKA Buy 21,360 1,485 1,450 32,517.9 79.8 85.1 9.9% 6.6% 28.5 27.0 10.2 9.4 4.0 3.5 0.0% 0.0% 15.0% 13.8% 22.6 13.2 4.6% 1.9% 25.4% -5.3%
Property & Industrial Estate 85,826.1 7,211.0 9,743.6 -4.7% 35.1% 11.9 8.8 8.6 7.9 0.7 0.6 2.4% 2.0% 5.7% 7.2% -247.4 12.4 4.8% 8.7% 31.5% 29.4%
Alam Sutera Realty ASRI Sell 19,649 134 80 2,633.0 150.1 938.1 -85.2% 524.8% 17.5 2.8 6.8 5.3 0.2 0.2 1.5% 1.5% 1.4% 8.5% 4.4 2.5 -19.6% 19.4% 66.7% 57.5%
Bumi Serpong Damai BSDE Buy 21,171 745 1,160 15,772.7 1,398.9 2,049.5 -54.4% 46.5% 11.3 7.7 9.6 9.0 0.5 0.5 0.0% 0.6% 4.6% 6.3% -15.9 -15.3 -9.0% 10.7% 23.9% 24.3%
Ciputra Development CTRA Buy 18,560 645 1,120 11,971.4 831.7 1,094.2 -28.2% 31.5% 14.4 10.9 9.8 8.4 0.7 0.7 1.2% 1.1% 5.3% 6.6% 71.4 17.4 -17.2% 17.1% 33.6% 31.6%
Jaya Real Property JRPT Buy 13,750 418 670 5,747.5 997.4 1,064.6 -1.9% 6.7% 5.8 5.4 5.1 4.5 0.7 0.6 4.6% 0.1% 13.4% 12.7% 227.2 5.2 1.0% 6.2% -6.3% -9.2%
Pakuwon Jati PWON Buy 48,160 424 670 20,419.7 1,791.2 2,394.9 -34.1% 33.7% 11.4 8.5 7.6 6.1 1.2 1.1 1.4% 1.4% 11.4% 13.7% 8.2 6.3 -20.5% 22.7% -0.5% -5.9%
Summarecon Agung SMRA Buy 14,427 590 960 8,511.8 419.8 603.6 -18.5% 43.8% 20.3 14.1 9.9 8.9 1.1 1.0 0.8% 0.8% 5.6% 7.6% 18.6 7.5 -1.7% 9.4% 96.6% 85.2%
Lippo Karawaci LPKR Neutral 70,592 141 200 9,953.5 73.9 391.2 N/M 429.7% 134.8 25.4 10.6 10.8 0.3 0.3 0.7% 0.7% 0.3% 1.4% -2.1 -33.5 334.6% 2.5% 46.4% 49.0%
Puradelta Lestari DMAS Buy 48,198 200 390 9,639.6 1,441.4 1,085.7 81.9% -24.7% 6.7 8.9 6.2 8.5 1.4 1.3 12.0% 10.1% 20.8% 15.2% 9.2 10.7 91.2% -25.5% -9.7% -6.6%
Bekasi Fajar BEST Neutral 9,647 122 130 1,177.0 106.6 121.8 -72.0% 14.2% 11.0 9.7 6.0 8.7 0.3 0.3 2.9% 0.8% 2.4% 2.6% 2.2 9.9 -25.6% -26.1% 26.0% 29.1%
Telco 431,747.6 23,251.8 25,821.1 -10.4% 11.1% 18.6 16.7 6.2 5.7 2.8 2.6 4.4% 4.6% 15.0% 16.2% 6.1 5.5 4.1% 9.4% 102.6% 102.5%
EXCEL EXCL Buy 10,688 2,850 3,400 30,460.7 2,037.3 912.4 185.9% -55.2% 15.0 33.4 6.1 5.9 1.5 1.4 0.7% 2.0% 10.2% 4.3% 5.4 5.1 19.5% 8.4% 211.5% 215.2%
Telkom TLKM Buy 99,062 3,060 3,800 303,130.4 18,519.6 20,942.4 -5.0% 13.1% 16.4 14.5 5.6 5.1 2.9 2.8 5.5% 5.5% 17.9% 19.7% 5.9 5.2 1.4% 8.6% 38.4% 37.3%
Indosat ISAT Buy 5,434 2,560 3,000 13,910.9 (1,760.4) (1,027.0) N/M 41.7% -7.9 -13.5 5.1 4.5 1.3 1.4 0.0% 0.0% -14.9% -9.8% 2.4 2.1 0.7% 18.6% 303.5% 367.3%
Link Net LINK Buy 3,043 2,040 5,500 5,940.0 979.9 1,017.3 -3.3% 3.8% 6.2 5.9 2.8 2.6 1.1 1.0 8.2% 8.6% 19.3% 18.2% 3.2 2.9 4.9% 4.6% 9.4% 5.3%

REDS- Research Equity Database System Page 1 of 2

Equity Valuation Outstanding
Shares Price Price Mkt Cap Net Profit EPS Growth PER (x) EV/EBITDA (x) P/BV (x) Div.Yield ROE PCF EBITDA Growth Net Gearing
As of 17 July 2020 Code Rating (Mn) (Rp) Target (Rp Bn) 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021
Tower Bersama TBIG Buy 22,657 1,125 1,250 24,334.9 1,007.6 1,193.5 23.0% 18.4% 24.2 20.4 11.2 10.5 4.5 4.1 2.5% 2.5% 19.4% 20.9% 12.4 12.3 7.3% 6.7% 444.5% 411.3%
Sarana Menara TOWR Buy 51,015 1,075 1,070 53,970.7 2,467.7 2,782.5 0.1 0.1 21.9 19.4 11.9 10.9 5.4 4.7 0.0 2.2% 26.4% 25.8% 12.7 13.1 11.6% 8.1% 185.3% 155.0%
Chemical 1,748.0 135.7 163.2 29.5% 20.3% 12.9 10.7 6.0 5.4 0.5 0.5 0.0% 0.0% 4.2% 4.8% 4.9 4.5 4.4% 6.3% 69.9% 60.4%
Aneka Gas AGII Buy 3,067 570 700 1,748.0 135.7 163.2 29.5% 20.3% 12.9 10.7 6.0 5.4 0.5 0.5 0.0% 0.0% 4.2% 4.8% 4.9 4.5 4.4% 6.3% 69.9% 60.4%
Airlines 2,428.1 539.7 836.7 30.0% 55.0% 4.5 2.9 4.1 2.5 0.4 0.4 0.0% 0.0% 9.8% 13.9% 3.9 1.1 29.4% 20.4% 65.0% 32.3%
GMF AeroAsia (USD) GMFI Neutral 28,234 86 275 2,428.1 37.8 59.0 26.1% 56.3% 4.5 2.9 4.1 2.5 0.4 0.4 0.0% 0.0% 10.1% 13.9% 4.1 1.1 25.5% 21.4% 65.0% 32.3%
Transportation 2,464.6 (175.2) 251.0 -155.7% N/M -14.1 9.8 10.6 4.3 0.5 0.5 -1.8% 2.5% -3.3% 4.8% 4.7 3.5 -70.1% N/M 5.4% 21.2%
Blue Bird BIRD Buy 2,502 985 1,700 2,464.6 (175.2) 251.0 N/M N/M -14.1 9.8 10.6 4.3 0.5 0.5 -1.8% 2.5% -3.3% 4.8% 4.7 3.5 -70.1% 217.9% 5.4% 21.2%
Poultry 115,428.6 2,746.2 5,082.7 -50.5% 85.1% 42.0 22.7 17.7 12.2 3.3 3.0 1.8% 1.0% 8.0% 13.8% 114.0 9.6 -31.4% 36.8% 42.2% 21.1%
Charoen Pokphand Indonesia CPIN Buy 16 6,125 5,500 100,437.8 2,057.7 3,377.9 -43.4% 64.2% 48.8 29.7 25.1 18.0 4.7 4.2 1.5% 0.9% 9.7% 14.8% 83.4 14.7 -31.9% 33.6% 18.3% -2.6%
Japfa Comfeed JPFA Buy 12 1,160 1,100 13,602.8 645.8 1,565.6 -63.4% 142.4% 21.1 8.7 8.5 5.4 1.2 1.1 3.8% 1.4% 5.9% 13.4% -23.7 2.9 -32.6% 43.9% 82.8% 58.3%
Malindo Feedmill MAIN Buy 2 620 675 1,388.0 42.7 139.2 -72.0% 225.6% 32.5 10.0 5.9 4.7 0.6 0.6 1.0% 3.2% 2.0% 6.4% 3.6 2.8 -18.7% 24.1% 73.8% 69.5%

Note : - *) means Company Data is using Bloomberg Data

- (USD) means Account under USD (USD Cents for Per Share Data)
- N/M means Not Meaningful
- N.A. means Not Applicable

REDS- Research Equity Database System Page 2 of 2