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 15 May 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 3,221,704.9 199,608.9 259,044.8 -22.5% 29.8% 16.1 12.4 11.2 10.1 1.8 1.7 4.0% 3.1% 11.1% 14.0% 12.6 13.3 -4.4% 9.5% 24.3% 22.2%
Banking 1,059,300.9 63,760.1 102,414.4 -34.2% 60.6% 16.6 10.3 N.A. N.A. 1.6 1.4 4.2% 2.0% 9.2% 14.2% N.A. N.A. N.A. N.A. N.A. N.A.
BCA BBCA Neutral 24,655 23,925 26,500 589,871.1 22,167.0 29,780.8 -22.4% 34.3% 26.6 19.8 N.A. N.A. 3.3 3.0 2.4% 1.5% 12.6% 15.9% N.A. N.A. N.A. N.A. N.A. N.A.
BNI BBNI Buy 18,649 3,340 5,900 62,286.5 7,073.2 15,323.1 -54.0% 116.6% 8.8 4.1 N.A. N.A. 0.6 0.5 6.2% 2.8% 6.2% 13.3% N.A. N.A. N.A. N.A. N.A. N.A.
BRI BBRI Buy 123,299 2,240 3,000 276,188.7 20,228.8 35,698.8 -41.1% 76.5% 13.7 7.7 N.A. N.A. 1.4 1.3 7.5% 2.2% 10.2% 17.3% N.A. N.A. N.A. N.A. N.A. N.A.
BTN BBTN Buy 10,590 745 1,350 7,889.6 1,235.9 1,554.0 490.6% 25.7% 6.4 5.1 N.A. N.A. 0.5 0.4 7.1% 3.7% 6.0% 8.6% N.A. N.A. N.A. N.A. N.A. N.A.
Danamon BDMN Buy 9,585 2,330 4,000 22,332.1 2,703.0 4,751.6 -33.6% 75.8% 8.3 4.7 N.A. N.A. 0.5 0.5 6.4% 4.2% 6.0% 10.0% N.A. N.A. N.A. N.A. N.A. N.A.
Bank BJB BJBR Buy 9,839 680 860 6,690.4 1,260.1 1,438.1 -19.2% 14.1% 5.3 4.7 N.A. N.A. 0.6 0.6 13.8% 13.8% 11.0% 12.8% N.A. N.A. N.A. N.A. N.A. N.A.
Bank Jatim BJTM Buy 14,918 474 590 7,111.1 1,145.5 1,434.0 -16.8% 25.2% 6.2 5.0 N.A. N.A. 0.7 0.7 10.2% 10.2% 12.2% 14.4% N.A. N.A. N.A. N.A. N.A. N.A.
CIMB Niaga BNGA Buy 25,132 605 840 15,204.6 2,340.1 4,211.1 -35.8% 80.0% 6.5 3.6 N.A. N.A. 0.4 0.4 9.6% 6.2% 5.6% 10.1% N.A. N.A. N.A. N.A. N.A. N.A.
BNLI BNLI Sell 28,016 1,240 430 34,773.0 908.9 1,494.2 -39.4% 64.4% 38.3 23.3 N.A. N.A. 1.4 1.3 0.0% 0.0% 3.8% 6.0% N.A. N.A. N.A. N.A. N.A. N.A.
Panin PNBN Buy 24,088 690 1,100 16,620.5 1,976.2 3,507.7 -40.4% 77.5% 8.4 4.7 N.A. N.A. 0.4 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 2,080 3,200 16,023.7 1,188.9 1,547.0 -15.1% 30.1% 13.5 10.4 N.A. N.A. 2.5 2.1 1.7% 1.5% 20.3% 22.2% N.A. N.A. N.A. N.A. N.A. N.A.
BFI Finance BFIN Buy 15,967 288 900 4,309.7 1,532.3 1,674.1 6.4% 9.2% 2.8 2.6 N.A. N.A. 0.5 0.5 10.0% 10.7% 19.8% 18.8% N.A. N.A. N.A. N.A. N.A. N.A.
Construction & materials 142,499.7 12,589.4 16,350.2 -0.2% 29.9% 11.3 8.7 9.5 7.8 1.0 0.9 2.7% 2.4% 8.9% 11.0% 13.9 7.3 8.5% 23.1% 136.7% 131.2%
Indocement INTP Buy 3,681 10,650 21,600 39,205.1 2,312.8 2,759.1 32.7% 19.3% 17.0 14.2 8.0 6.6 1.6 1.5 1.6% 2.1% 9.7% 10.8% 11.0 9.8 20.8% 12.6% -39.4% -45.2%
Semen Indonesia SMGR Buy 5,932 8,525 16,100 50,566.2 4,066.9 4,913.4 92.0% 20.8% 12.4 10.3 7.0 6.2 1.4 1.3 2.4% 1.7% 12.1% 13.3% 7.2 6.8 24.2% 7.9% 68.9% 52.2%
Adhi Karya ADHI Neutral 3,561 486 1,120 1,730.6 618.8 592.6 -6.8% -4.2% 2.8 2.9 3.7 3.9 0.3 0.3 7.7% 7.2% 9.4% 9.1% 5.3 1.7 -2.2% -5.4% 68.0% 66.4%
Pembangunan Perumahan PTPP Buy 6,200 610 2,050 3,781.9 980.6 1,320.0 2.4% 34.6% 3.9 2.9 4.5 4.2 0.3 0.3 7.6% 7.8% 8.1% 11.5% 1.3 4.2 11.4% 14.2% 59.6% 69.1%
Wijaya Karya WIKA Buy 8,960 905 2,500 8,109.0 1,670.8 1,871.3 -17.2% 12.0% 4.9 4.3 4.3 2.9 0.5 0.5 4.1% 4.6% 10.6% 11.7% 2.5 4.1 13.9% 20.6% 33.5% 14.8%
Waskita Karya WSKT Buy 13,381 575 1,660 7,694.1 1,245.4 1,440.0 -21.7% 15.6% 6.2 5.3 14.5 12.6 0.4 0.4 3.2% 3.7% 6.5% 7.3% 3.8 5.5 14.8% 18.2% 445.9% 445.4%
Wijaya Karya Beton WTON Buy 8,715 220 700 1,917.4 585.5 677.5 14.3% 15.7% 3.3 2.8 2.6 2.4 0.5 0.4 8.0% 9.2% 16.6% 16.9% 1.3 4.1 2.5% 14.1% 23.1% 21.2%
Waskita Beton WSBP Buy 26,361 147 360 3,875.1 842.4 954.5 4.5% 13.3% 4.6 4.1 4.8 4.2 0.5 0.4 10.4% 10.9% 10.3% 11.0% 1.3 3.4 8.4% 11.4% 54.7% 50.1%
Jasa Marga JSMR Buy 7,258 3,530 5,900 25,620.3 266.1 1,821.7 -87.9% 584.6% 96.3 14.1 22.5 12.0 1.4 1.3 1.7% 0.2% 1.4% 9.4% -2.0 20.7 -26.6% 101.0% 385.2% 408.4%
Consumer staples 961,241.8 44,776.3 49,557.2 -8.6% 10.7% 21.5 19.4 13.8 12.5 4.9 4.6 3.7% 3.6% 23.6% 24.6% 17.9 18.8 -7.5% 10.5% 2.0% 2.4%
Indofood CBP ICBP Buy 11,662 9,700 12,350 113,120.5 5,413.9 5,888.6 7.4% 8.8% 20.9 19.2 12.8 11.7 4.2 3.8 2.4% 2.6% 21.2% 20.7% 17.5 16.0 3.5% 9.8% -12.5% -10.6%
Indofood INDF Buy 8,781 6,575 9,750 57,728.2 4,929.3 5,271.9 6.9% 6.9% 11.7 11.0 7.3 7.0 1.5 1.4 5.1% 5.4% 13.4% 13.6% 8.4 7.9 8.6% 8.3% 41.7% 45.3%
Mayora MYOR Neutral 22,359 2,140 2,850 47,848.3 2,152.4 2,476.0 15.5% 15.0% 22.2 19.3 11.9 10.5 4.3 3.8 1.5% 1.7% 20.9% 20.9% 23.3 20.1 13.1% 12.6% 14.3% 9.3%
Unilever UNVR Buy 38,150 8,575 9,500 327,136.3 7,495.3 8,037.7 1.4% 7.2% 43.6 40.7 31.1 28.8 64.5 61.9 2.3% 2.3% 144.7% 155.1% 41.8 34.4 -3.4% 7.9% 65.3% 44.8%
Gudang Garam GGRM Buy 1,924 49,275 63,450 94,809.4 7,512.4 8,962.6 -22.1% 19.3% 12.6 10.6 7.9 6.9 1.7 1.6 3.0% 5.3% 13.9% 15.4% 7.9 16.4 -17.4% 15.8% 16.7% 18.1%
HM. Sampoerna HMSP Buy 116,318 1,855 2,450 215,770.0 12,297.4 13,378.7 -22.6% 8.8% 17.5 16.1 13.3 12.1 6.2 6.0 7.3% 5.6% 33.9% 38.0% 15.9 16.2 -24.8% 9.4% -46.7% -49.5%
Kalbe Farma KLBF Buy 46,875 1,400 1,950 65,625.2 2,741.8 3,026.5 7.2% 10.4% 23.9 21.7 15.1 13.6 3.8 3.4 2.1% 2.3% 16.4% 16.6% 23.3 21.4 7.5% 9.7% -20.8% -22.6%
Sido Muncul SIDO Buy 15,000 1,230 1,450 18,450.0 914.1 1,022.6 12.8% 11.9% 20.2 18.0 14.4 12.8 4.9 4.5 4.3% 4.8% 25.4% 25.9% 20.1 17.9 11.7% 11.5% -39.4% -41.4%
Multi Bintang MLBI Buy 2,107 9,850 19,450 20,754.0 1,319.8 1,492.6 10.4% 13.1% 15.7 13.9 10.1 8.9 13.8 11.5 5.2% 5.7% 95.5% 90.1% 19.0 12.5 8.5% 11.6% -22.1% -35.0%
Healthcare 52,335.5 1,041.8 1,270.7 3.5% 22.0% 50.2 41.2 17.2 14.6 3.9 3.7 0.1% 0.2% 8.0% 9.2% 27.1 24.4 9.2% 16.5% -12.0% -16.9%
Mitra Keluarga MIKA Buy 14,551 2,390 2,600 34,776.3 693.1 815.4 -5.1% 17.6% 50.2 42.6 33.7 28.0 7.4 6.7 0.0% 0.0% 15.4% 16.5% 45.1 42.6 -3.4% 19.4% -29.7% -32.0%
Siloam Hospital SILO Buy 1,625 5,500 7,150 8,937.5 44.4 100.1 107.0% 125.6% 201.4 89.3 7.4 6.0 1.4 1.4 0.0% 0.0% 0.7% 1.6% 14.7 13.1 16.6% 13.9% -16.0% -25.9%
Hermina HEAL Buy 2,973 2,900 5,200 8,621.7 304.3 355.2 19.4% 16.7% 28.3 24.3 10.7 9.4 3.8 3.3 0.8% 1.0% 14.1% 14.6% 15.7 13.3 17.3% 16.2% 36.4% 37.5%
Consumer discretionary 228,897.5 18,209.0 25,232.8 -39.6% 38.6% 12.6 9.1 7.6 6.8 1.2 1.1 5.5% 3.8% 9.3% 12.2% 3.8 8.9 -18.2% 11.2% 19.8% 17.8%
Ace Hardware Indonesia ACES Neutral 17,150 1,310 1,500 22,466.5 710.8 1,055.3 -31.0% 48.5% 31.6 21.3 23.9 16.9 4.6 4.0 2.3% 1.6% 14.7% 20.0% 18.3 39.8 -31.7% 40.4% -39.6% -38.1%
Matahari Department Store LPPF Buy 2,918 1,255 1,800 3,662.0 50.4 496.7 -96.3% 884.6% 72.6 7.4 5.9 2.3 2.0 1.6 0.0% 0.4% 2.8% 24.4% 52.5 4.4 -78.5% 116.9% -58.8% -70.2%
MAP Aktif MAPA Buy 2,850 2,240 3,850 6,384.9 54.4 606.1 -92.1% ###### 117.3 10.5 16.0 5.4 2.1 1.7 0.0% 0.3% 1.8% 18.0% 11.1 31.1 -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 7,096 560 700 3,973.8 (131.9) 142.9 N/M N/M -30.1 27.8 -45.0 9.4 1.1 1.1 9.6% -2.2% -3.5% 3.9% -31.8 11.0 N/M N/M -45.9% -54.3%
Erajaya Swasembada ERAA Buy 3,190 1,100 1,500 3,509.0 140.3 355.3 -52.5% 153.2% 25.0 9.9 11.9 7.7 0.7 0.7 0.8% 2.0% 2.9% 7.0% -78.8 6.2 -25.5% 52.7% 52.2% 47.6%
Astra International ASII Buy 40,484 3,710 5,000 150,194.0 14,709.9 17,215.6 -32.2% 17.0% 10.2 8.7 7.2 7.3 1.0 0.9 6.5% 4.4% 9.8% 10.9% 2.7 8.7 -9.3% -0.5% 25.5% 24.5%
Surya Citra Media SCMA Buy 14,622 800 1,800 11,782.1 1,565.6 1,693.2 35.7% 8.1% 7.5 7.0 5.2 4.9 2.0 1.8 9.3% 10.1% 28.6% 27.4% 7.4 6.4 29.8% 2.8% -13.6% -16.3%
Media Nusantara Citra MNCN Buy 13,047 940 2,200 11,659.6 2,427.2 2,593.1 24.1% 6.8% 4.8 4.5 3.6 3.1 0.9 0.8 3.1% 3.3% 19.7% 18.0% 4.9 4.4 16.9% 3.6% 16.7% 2.5%
MNC Studios MSIN Buy 5,202 300 650 1,560.6 267.2 315.5 16.3% 18.1% 5.8 4.9 3.4 3.2 1.0 0.9 8.6% 10.1% 18.5% 19.8% 4.3 7.4 15.9% 13.8% -5.7% 1.9%
Sarimelati Kencana PZZA Buy 3,022 690 900 2,085.1 119.4 215.7 -40.3% 80.6% 17.5 9.7 6.6 4.8 1.5 1.4 4.8% 2.9% 8.8% 15.0% 9.8 5.4 -23.7% 43.5% 7.8% 12.9%
Commodities 192,099.0 22,237.6 23,124.4 -9.5% 4.0% 8.6 8.3 3.3 2.9 0.8 0.8 4.5% 4.5% 9.8% 9.6% 4.1 4.5 -7.8% 0.8% -3.9% -12.1%
United Tractors UNTR Buy 3,730 14,250 22,500 53,154.4 8,961.5 9,194.8 -20.8% 2.6% 5.9 5.8 2.6 2.1 0.8 0.7 5.1% 5.2% 14.6% 13.6% 4.7 3.8 -14.7% 1.3% -8.8% -20.1%
Adaro (USD) ADRO Neutral 31,986 925 1,350 29,587.0 372.2 353.0 -7.9% -5.2% 5.6 5.9 2.4 2.2 0.5 0.5 6.3% 5.9% 9.7% 8.7% 2.8 2.8 -6.9% -4.1% 4.2% -4.7%
Harum Energy (USD) HRUM Neutral 2,661 1,250 1,300 3,208.3 17.4 13.6 -5.9% -21.7% 12.9 16.6 0.5 0.2 0.7 0.7 4.3% 3.3% 5.5% 4.2% 6.2 9.1 -2.4% -13.7% -93.3% -96.3%
Indika Energy (USD) INDY Neutral 5,210 705 910 3,673.2 1.6 6.4 N/M 286.9% 155.8 40.6 1.5 1.1 0.3 0.3 0.2% 0.6% 0.2% 0.7% 0.7 1.0 -14.4% 2.4% 27.6% 9.0%
Indo Tambangraya Megah (USD) ITMG Neutral 1,108 7,400 10,450 8,114.5 100.2 101.0 -20.8% 0.9% 5.7 5.7 1.6 1.5 0.6 0.6 15.0% 15.0% 11.4% 11.4% 2.1 3.6 -16.1% 0.9% -29.8% -32.5%
Bukit Asam PTBA Neutral 11,523 1,815 2,350 20,913.3 3,481.8 3,496.3 -18.3% 0.4% 6.0 6.0 3.6 3.5 1.1 1.1 12.5% 12.5% 18.8% 18.3% 4.5 5.8 -12.6% 1.5% -21.7% -21.2%
Antam ANTM IJ Buy 24,031 520 700 12,496.0 (21.8) 196.7 N/M N/M -573.9 63.5 11.0 10.1 0.6 0.6 -0.1% 0.6% -0.1% 0.9% 20.7 9.4 -29.1% 8.0% 16.3% 14.1%
Vale Indonesia (USD) INCO IJ Buy 9,936 2,890 3,500 28,716.0 87.8 132.7 53.0% 51.1% 22.9 15.3 6.3 5.1 1.0 0.9 0.0% 0.0% 4.4% 6.3% 7.6 10.1 13.8% 17.0% -21.6% -25.6%
Timah TINS Neutral 7,448 462 870 3,440.9 394.0 428.6 N/M 8.8% 8.7 8.0 5.1 4.8 0.5 0.5 4.0% 4.4% 6.3% 6.4% 0.6 3.8 130.5% 5.2% 59.7% 55.0%
Merdeka Copper Gold (USD) MDKA Buy 21,360 1,315 1,450 28,795.3 79.8 85.1 9.9% 6.6% 25.2 23.9 9.1 8.4 3.5 3.1 0.0% 0.0% 15.0% 13.8% 20.0 11.7 4.6% 1.9% 25.4% -5.3%
Property & Industrial Estate 67,527.1 10,122.3 8,797.7 -8.0% -13.1% 6.7 7.7 6.6 6.6 0.5 0.6 3.0% 2.9% 7.8% 8.1% 7.7 10.1 -0.5% -12.5% 23.5% 26.8%
Alam Sutera Realty ASRI Neutral 19,649 111 310 2,181.1 467.8 947.7 -29.4% 102.6% 4.7 2.3 9.3 6.4 0.2 0.2 1.8% 1.8% 4.6% 8.7% 12.1 17.2 -19.0% 54.0% 84.2% 85.3%
Bumi Serpong Damai BSDE Buy 19,247 605 1,650 11,644.3 2,086.0 2,119.3 -14.5% 1.6% 5.6 5.5 5.5 5.6 0.4 0.4 0.0% 0.8% 7.1% 6.7% 23.9 12.2 7.5% 5.9% 8.8% 12.3%
Ciputra Development CTRA Buy 18,560 476 1,550 8,834.7 1,128.4 1,365.6 17.0% 21.0% 7.8 6.5 6.7 6.4 0.5 0.5 1.7% 2.0% 7.2% 8.2% 4.0 8.7 6.0% 8.4% 18.4% 19.0%
Jaya Real Property JRPT Buy 13,750 404 1,050 5,555.0 949.4 1,034.7 -6.0% 9.0% 5.9 5.4 5.1 4.2 0.7 0.7 4.2% 5.1% 12.9% 12.8% 5.9 3.5 -6.1% 7.9% -4.7% -12.2%
Pakuwon Jati PWON Buy 48,160 326 800 15,700.0 2,531.6 2,532.3 0.3% 0.0% 6.2 6.2 5.0 4.7 0.9 0.8 1.8% 1.8% 15.9% 13.9% 4.9 5.7 -0.9% 1.0% -4.4% -9.3%
Summarecon Agung SMRA Neutral 14,427 430 1,330 6,203.5 550.4 721.5 54.4% 31.1% 11.3 8.6 7.7 7.0 0.8 0.7 1.2% 1.2% 7.4% 9.0% 7.7 11.8 18.0% 15.2% 95.8% 93.9%
Lippo Karawaci LPKR Buy 70,592 145 360 10,235.8 860.7 811.7 -54.0% -5.7% 11.9 12.6 11.0 10.8 0.3 0.3 0.7% 0.7% 2.7% 2.5% -16.0 -23.6 -27.4% 6.9% 30.6% 32.6%
Puradelta Lestari DMAS Buy 48,198 129 390 6,217.6 1,441.4 1,085.7 81.9% -24.7% 4.3 5.7 3.8 5.3 0.9 0.9 18.5% 15.7% 20.8% 15.2% 5.9 6.9 91.2% -25.5% -9.7% -6.6%
Bekasi Fajar BEST Neutral 9,647 99 130 955.1 106.6 121.8 -72.0% 14.2% 9.0 7.8 5.4 7.9 0.2 0.2 3.6% 1.0% 2.4% 2.6% 1.8 8.1 -25.6% -26.1% 26.0% 29.1%
Telco 419,531.2 23,251.8 25,821.1 -10.4% 11.1% 18.1 16.3 6.0 5.6 2.7 2.6 4.6% 4.7% 15.0% 16.2% 5.9 5.3 4.1% 9.4% 102.6% 102.5%
EXCEL EXCL Buy 10,688 2,460 3,400 26,292.4 2,037.3 912.4 185.9% -55.2% 12.9 28.8 5.8 5.6 1.3 1.2 0.8% 2.3% 10.2% 4.3% 4.7 4.4 19.5% 8.4% 211.5% 215.2%
Telkom TLKM Buy 99,062 3,100 3,800 307,092.9 18,519.6 20,942.4 -5.0% 13.1% 16.6 14.7 5.6 5.2 2.9 2.8 5.4% 5.5% 17.9% 19.7% 6.0 5.3 1.4% 8.6% 38.4% 37.3%
Indosat ISAT Buy 5,434 2,020 3,000 10,976.5 (1,760.4) (1,027.0) N/M 41.7% -6.2 -10.7 4.8 4.3 1.0 1.1 0.0% 0.0% -14.9% -9.8% 1.9 1.7 0.7% 18.6% 303.5% 367.3%
Link Net LINK Buy 3,043 2,630 5,500 7,657.9 979.9 1,017.3 -3.3% 3.8% 7.9 7.6 3.6 3.3 1.4 1.3 6.4% 6.6% 19.3% 18.2% 4.1 3.8 4.9% 4.6% 9.4% 5.3%
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 51,015 860 1,070 43,176.6 2,467.7 2,782.5 0.1 0.1 17.5 15.5 10.1 9.2 4.3 3.7 0.0 2.8% 26.4% 25.8% 10.1 10.5 11.6% 8.1% 185.3% 155.0%
Chemical 1,232.8 135.7 REDS- Research
163.2 29.5%Equity Database9.1System
20.3% 7.6 5.3 4.6 0.4 0.4 0.0% 0.0% 4.2% 4.8% 3.5 3.2 4.4% 6.3% 69.9% 60.4% 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 15 May 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
Aneka Gas AGII Buy 3,067 402 700 1,232.8 135.7 163.2 29.5% 20.3% 9.1 7.6 5.3 4.6 0.4 0.4 0.0% 0.0% 4.2% 4.8% 3.5 3.2 4.4% 6.3% 69.9% 60.4%
Airlines 2,174.0 539.7 836.7 30.0% 55.0% 4.0 2.6 3.9 2.4 0.4 0.3 0.0% 0.0% 10.1% 13.9% 3.6 1.0 29.4% 20.4% 65.0% 32.3%
GMF AeroAsia (USD) GMFI Neutral 28,234 77 275 2,174.0 37.8 59.0 26.1% 56.3% 4.0 2.6 3.9 2.4 0.4 0.3 0.0% 0.0% 10.1% 13.9% 3.6 1.0 25.5% 21.4% 65.0% 32.3%
Transportation 1,964.1 199.0 393.7 -36.7% 97.8% 9.9 5.0 3.3 2.7 0.4 0.3 4.1% 8.1% 3.7% 7.1% 2.1 2.1 -7.8% 34.6% 12.2% 17.7%
Blue Bird BIRD Buy 2,502 785 2,575 1,964.1 199.0 393.7 -36.7% 97.8% 9.9 5.0 3.3 2.7 0.4 0.3 4.1% 8.1% 3.7% 7.1% 2.1 2.1 -7.8% 34.6% 12.2% 17.7%
Poultry 92,901.3 2,746.2 5,082.7 -50.5% 85.1% 33.8 18.3 14.6 10.0 2.7 2.4 2.2% 1.2% 8.0% 13.8% 91.8 7.7 -31.4% 36.8% 42.2% 21.1%
Charoen Pokphand Indonesia CPIN Buy 16 4,960 5,500 81,334.1 2,057.7 3,377.9 -43.4% 64.2% 39.5 24.1 20.5 14.5 3.8 3.4 1.9% 1.1% 9.7% 14.8% 67.5 11.9 -31.9% 33.6% 18.3% -2.6%
Japfa Comfeed JPFA Buy 12 890 1,100 10,436.7 645.8 1,565.6 -63.4% 142.4% 16.2 6.7 7.3 4.5 0.9 0.8 5.0% 1.8% 5.9% 13.4% -18.2 2.2 -32.6% 43.9% 82.8% 58.3%
Malindo Feedmill MAIN Buy 2 505 675 1,130.6 42.7 139.2 -72.0% 225.6% 26.4 8.1 5.4 4.3 0.5 0.5 1.2% 4.0% 2.0% 6.4% 3.0 2.3 -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