PT Mark Dynamics Indonesia Tbk.

MARK

+1.69%

Overview

MARK Overview

PT Mark Dynamics Indonesia Tbk is an Indonesia-based manufacturer of rubber gloves. The Company’s products are used to manufacture latex gloves for various purposes, such as examination, industrial, medical, household and even custom-made. The Company’s five main products include examination former that is used to manufacture gloves made from latex or nitrile, surgical former that is specifically used for producing surgical gloves that are more flexible, household former molds are used to manufacture gloves for household use, custom made former that is made on consumer demand for a particular glove and industrial former that is used for producing gloves with heavy industrial requirements. It also manufactures sanitary products from the residue of the glove mold that is used to make a variety of toilet bowls. The Company has a production capacity of approximately two million units. Its main factory is located in Kawasan Industri Medan Star, Tanjung Morawa, Deli Serdang, North Sumatra.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MARK

Main
Market Cap.
IDR 3.44Trillion

~$215.13M USD

Industry
Machinery
Sub-Industry
Industrial Machinery & Components
Sector
Industrials

Valuation

MARK Valuation Metrics

905

IDR
+1.7%

Closing Price on 2024-05-22

Price to Equity

22.04

P/E

At 22.04x P/E TTM, MARK.JK is trading at a premium to its peers in the Industrial Goods sector (avg 8.1x).

Price to Book

4.11

P/B

At 4.11x P/B TTM, MARK.JK is trading at a premium to its peers in the Industrial Goods sector (avg 0.7x).

Price to Sales

6.15

P/S

At 6.15x P/S TTM, MARK.JK is trading at a premium to its peers in the Industrial Goods sector (avg 0.6x).

Valuing PT Mark Dynamics Indonesia Tbk. based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Goods sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Mark Dynamics Indonesia Tbk. relative to other stocks in the Industrial Goods sector

Price/Cash Flow
14.68x
Price/Forward Earnings
-
Enterprise Value/Revenue
6.15x
Enterprise Value/EBITDA
16.09x
PEG Ratio
0.18x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR9052024-05-22
IDR 657.34

Slightly Lower Intrinsic Value: Analyst's intrinsic value is of MARK is IDR657, which is 26% lower than MARK's last closing price of IDR905 (as of 2024-05-22).

Valuation Recap of MARK 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 22.04x is above the ID market average of 8.70x and is trading at a premium to peers in the Industrial Goods sector (8.06x). In fact, less than 25% of its peers trade at a higher P/E ratio than MARK.

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 4.11x is above the peers average of 0.70x in the Industrial Goods sector. MARK trades at a higher P/B ratio than >75% of its peers in the Industrial Goods 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 6.15x is above the peers average of 0.57x in the Industrial Goods sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MARK'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. MARK's P/CF ratio of 14.68x is considered a relatively high ratio 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. MARK's EV/R ratio of 6.15x is considered a relatively high ratio The average EV/R ratio for the Industrial Goods sector is 0.95x.

Medium
Slightly Lower Intrinsic Value: Analyst's intrinsic value is of MARK is IDR 657.34, which is 26% lower than MARK's last closing price of IDR 905.00.

Peers

MARK 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 MARK stock
WeightNotesScore
High
At a market cap of IDR 3,439.00 billion, MARK.JK ranks 8 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 22.04, MARK.JK ranks 3 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 22.04, MARK.JK is trading at a higher PE than that of its subsector peers in Industrial Goods (median of 8.06). false

Medium
At a revenue of IDR 0.56 trillion, MARK.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.16 trillion, MARK.JK ranks 10 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of MARK

Growth Forecasts

No data available

Sector Benchmark

Industrial Goods companies in Indonesia are shrinking at a projected rate of -54.67% against the IDX average of +13.8%.

Industrial Goods sector overview
No data is available for MARK at the moment.
Future growth prospect of MARK
WeightNotesScore
High
MARK's projected growth rate of -54.67% is below the ID market average of 13.80%.

High
The Industrial Goods sub-sector is projected to shrink revenue by -14.30% in 2025. This number is lower than the previous year 2024's growth rate of -5.74%. false

Medium
The Industrial Goods sub-sector is projected to decrease earnings by 0.00% in 2025. This number is lower than the previous year 2024's EPS growth of 0.00%. false

Medium
MARK and its peers in the Industrial Goods 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 MARK's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Ridwan15.2 years
Sutiyoso Bin Risman
Director
Cahaya Dewi Boru Surbakti
Director
NamePositionShares%
Cahaya Dewi Br SurbaktiDirector8,348,7000.22
Sutiyoso Bin RismanDirector56,032,5551.47
Expressed in millions IDR, unless otherwise stated

Ownership

MARK Ownership

Others
17.86%
Insiders
82.14%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Tecable (Hk) Co Limited1,665,238,44643.821,507.04B
Pt Dyna Capital Indo806,751,56221.23730.11B
Public (Scripless)678,671,30017.87614.20B
Pt Mark Capital Indo584,957,74715.39529.39B
Sutiyoso Bin Risman56,032,5551.4750.71B
Cahaya Dewi Br Surbakti8,348,7000.227.56B

Largest Institutional Buy

No data is available for MARK at the moment.

Largest Institutional Sell

Acadian Asset Management LLC
Sold 31-12-2023
-2,725,400 shares

Institutional Transactions

Tracking institutional transactions buying / selling of MARK stock