PT MNC Asia Holding Tbk

BHIT

Overview

BHIT Overview

PT MNC Asia Holding Tbk is an Indonesia-based investment company. The Company operates through six segments: Financing and securities, Bank financial institution, Advertising and content, Pay TV and broadband, Mining, and Others. It is engaged in four businesses: Media & Entertainment, Financial Services, Entertainment Hospitality and Energy. The Company owns and operates four national free to air television (TV) stations: RCTI, MNCTV, GTV, and iNews with its over-the-top (OTT) service called RCTI+. The Company, through its subsidiary, PT MNC Kapital Indonesia Tbk, provides complete financial services, including banking, financing, securities and brokerage, asset management, insurance, financial technology, and payment gateway. It provides Motion Digital, which owns and integrates MNC Bank, MNC Sekuritas, MNC Teknologi Nusantara and Flash Mobile. Its subsidiary, PT MNC Land Tbk, focuses on SEZ MNC Lido City, MNC Bali Resort, and other projects in the hospitality industry.

2468101214ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BHIT

Main
Market Cap.
IDR 4.18Trillion

~$261.30M USD

Industry
Multi-sector Holdings
Sub-Industry
Multi-sector Holdings
Sector
Industrials

Valuation

BHIT Valuation Metrics

50

IDR
0.0%

Closing Price on 2024-05-22

Price to Equity

13.62

P/E

At 13.62x P/E TTM, BHIT.JK is trading at a premium to its peers in the Multi-sector Holdings sector (avg 9.6x).

Price to Book

0.23

P/B

At 0.23x P/B TTM, BHIT.JK is trading at a discount to its peers in the Multi-sector Holdings sector.

Price to Sales

0.27

P/S

At 0.27x P/S TTM, BHIT.JK is trading at a discount to its peers in the Multi-sector Holdings sector.

Valuing PT MNC Asia Holding Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Multi-sector Holdings sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT MNC Asia Holding Tbk relative to other stocks in the Multi-sector Holdings sector

Price/Cash Flow
5.64x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.41x
Enterprise Value/EBITDA
2.22x
PEG Ratio
-0.16x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR502024-05-22
IDR 75.12

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of BHIT is IDR75, which is 51% higher than BHIT's last closing price of IDR50 (as of 2024-05-22).

Valuation Recap of BHIT stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 13.62x is above the ID market average of 8.70x and is trading at a premium to peers in the Multi-sector Holdings sector (9.63x).

High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 0.23x is similar to the peers average of 0.60x in the Multi-sector Holdings sector.

Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 0.27x is similar to the peers average of 0.43x in the Multi-sector Holdings sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of BHIT's valuation relative to its current sales and future earnings growth.

Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. BHIT's P/CF ratio of 5.64x is considered healthy by analysts.

Low
The Enterprise Value/Revenue ratio (EV/R) is calculated by dividing the enterprise value of a company by its revenue. It measures the company's enterprise value relative to its revenue. It is an indicator of how much it costs to buy the company's revenue; the lower the ratio, the cheaper the company's revenue. BHIT's EV/R ratio of 0.41x is considered extremely underpriced by the market The average EV/R ratio for the Multi-sector Holdings sector is 0.68x.

Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of BHIT is IDR 75.12, which is 51% higher than BHIT's last closing price of IDR 50.00.

Peers

BHIT Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
ASIIAstra International Tbk190.68T445.68T 316.57T 33.84T 5.630.96
UNTRUnited Tractors Tbk82.08T154.03T 128.58T 20.61T 3.981.04
IMPCPT Impack Pratama Industri Tbk19.65T3.60T 2.86T 0.43T 45.638.64
BNBRBakrie & Brothers Tbk8.00T7.10T 3.76T 0.24T 33.703.67
HEXAHexindo Adiperkasa Tbk5.04T6.45T 10.65T 0.92T 5.461.93
ARNAArwana Citramulia Tbk4.74T2.62T 2.45T 0.45T 10.642.60
BHITPT MNC Asia Holding Tbk4.18T70.41T 15.66T 0.31T 13.620.23
MARKPT Mark Dynamics Indonesia Tbk.3.44T0.95T 0.56T 0.16T 22.044.11
MLIAMulia Industrindo Tbk2.46T7.02T 4.81T 0.56T 4.370.50
SKRNPT Superkrane Mitra Utama Tbk2.21T3.13T 0.94T 0.17T 12.612.36
Competitiveness Recap of BHIT stock
WeightNotesScore
High
At a market cap of IDR 4,177.13 billion, BHIT.JK ranks 7 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 13.62, BHIT.JK ranks 4 out of 10 companies in the Industrials sector for P/E value. The average PE is 15.77 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Industrials. In this regard, it trails behind sector leaders such as PT Impack Pratama Industri Tbk (45.63) in the Industrials sector.

Medium
At a PE of 13.62, BHIT.JK is trading at a higher PE than that of its subsector peers in Multi-sector Holdings (median of 9.63). false

Medium
At a revenue of IDR 15.66 trillion, BHIT.JK ranks 3 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.31 trillion, BHIT.JK ranks 7 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of BHIT

Growth Forecasts

No data available

Sector Benchmark

Multi-sector Holdings companies in Indonesia are growing at a projected rate of 0.51% against the IDX average of +13.8%.

Multi-sector Holdings sector overview
No data is available for BHIT at the moment.
Future growth prospect of BHIT
WeightNotesScore
High
BHIT's projected growth rate of 0.51% is below the ID market average of 13.80%.

High
The Multi-sector Holdings sub-sector is projected to grow revenue by 0.51% in 2025. This number is higher than the previous year 2024's growth rate of -2.08%. false

Medium
The Multi-sector Holdings sub-sector is projected to decrease earnings by -8.86% in 2025. This number is higher than the previous year 2024's EPS growth of -10.54%. false

Medium
BHIT and its peers in the Multi-sector Holdings sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2025. Specifically, earnings are projected to decrease by -8.86% in 2025 while revenue growth is projected to decrease by -4.12%. These macroeconomic trends will likely be a tailwind for BHIT's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Hary Tanoesoedibjo15.2 years

Vice President Director

Susanty Tjandra Sanusi15.4 years
Tien
Director
Natalia Purnama
Director
Jiohan Sebastian
Director
Henry Suparman
Director
Mashudi Hamka
Director
Santi Paramita
Director
NamePositionShares%
Hary TanoesoedibjoPresident Director2,166,568,3002.59
Expressed in millions IDR, unless otherwise stated

Ownership

BHIT Ownership

Others
65.95%
Insiders
33.93%
Institutions
0.12%
NameNumber of SharesOwnership (%)Value
Public (Scripless)54,553,997,83165.32,727.70B
Ht Investment Development Ltd13,238,835,71615.85661.94B
Dbs Bank Ltd S/A Caravaggio Holdings Limited8,321,109,8009.96416.06B
Pt Bhakti Panjiwira5,262,220,1126.3263.11B
Hary Tanoesoedibjo2,166,568,3002.59108.33B
No data is available for BHIT at the moment.