PT MNC Asia Holding Tbk

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.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: BHIT

Watchlist
Market Cap.
IDR 3.68Trillion

~$225.71M USD

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

Valuation

BHIT Valuation Metrics

44

IDR
-6.4%

Closing Price on 2024-07-19

Price to Equity

16.70

P/E

At 16.70x P/E TTM, BHIT.JK is trading at a premium to its peers in the Multi-sector Holdings sector (avg 11.2x).

Price to Book

0.21

P/B

At 0.21x P/B TTM, BHIT.JK is trading at a discount to its peers in the Multi-sector Holdings sector.

Price to Sales

0.24

P/S

At 0.24x 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 Flow1.41x
Price/Forward Earnings-
Enterprise Value/Revenue0.34x
Enterprise Value/EBITDA1.93x
PEG Ratio-0.47x

Intrinsic Value

Last closing: IDR442024-07-19
IDR 45.26

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of BHIT is IDR45, which is 4% higher than BHIT's last closing price of IDR44 (as of 2024-07-19).

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 16.70x is above the ID market average of 8.44x and is trading at a premium to peers in the Multi-sector Holdings sector (11.16x).

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 0.21x is similar to the peers average of 0.55x 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 0.24x is similar to the peers average of 0.41x 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 1.41x 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 0.34x is considered extremely underpriced by the market. The average EV/R ratio for the Multi-sector Holdings sector is 0.67x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of BHIT is IDR 45.26, which is 4% higher than BHIT's last closing price of IDR 44.00.

Peers

BHIT Peers and Comparison

Market Cap.

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 Tbk183.39T460.03T 314.79T 32.58T 5.630.89
UNTRUnited Tractors Tbk88.43T161.43T 126.11T 19.84T 4.461.04
IMPCPT Impack Pratama Industri Tbk18.99T3.78T 2.86T 0.46T 41.447.85
HEXAHexindo Adiperkasa Tbk5.61T6.51T 9.73T 0.89T 6.331.97
ARNAArwana Citramulia Tbk5.17T2.69T 2.42T 0.40T 12.783.24
BNBRBakrie & Brothers Tbk4.00T6.99T 3.78T 0.22T 18.141.80
BHITPT MNC Asia Holding Tbk3.68T71.56T 15.04T 0.22T 16.700.21
MARKPT Mark Dynamics Indonesia Tbk.3.38T1.04T 0.64T 0.20T 17.103.72
MLIAMulia Industrindo Tbk2.54T6.98T 4.59T 0.53T 4.800.50
SMILPT Sarana Mitra Luas Tbk2.45T0.88T 0.23T 0.04T 55.663.43
Competitiveness Recap of BHIT stock
WeightNotesScore
High
At a market cap of IDR 3,675.88 billion, BHIT.JK ranks 7 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 16.70, BHIT.JK ranks 5 out of 10 companies in the Industrials sector for P/E value. The average PE is 18.30 (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 Sarana Mitra Luas Tbk (55.66) in the Industrials sector.

Medium
At a PE of 16.70, BHIT.JK is trading at a higher PE than that of its subsector peers in Multi-sector Holdings (median of 11.16). false

Medium
At a revenue of IDR 15.04 trillion, BHIT.JK ranks 3 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.22 trillion, BHIT.JK ranks 8 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of BHIT

Growth Forecasts

Analyst Ratings

Based on ratings from 4 analysts for BHIT over the past 3 months.

Strong Buy

Strong Buy

100.0%

Buy

0.0%

Hold

0.0%

Sell

0.0%

Strong Sell

0.0%

Last Update: 2024-06-28

Sector Benchmark

Multi-sector Holdings companies in Indonesia are shrinking at a projected rate of -0.06% 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 -0.06% is below the ID market average of 13.82%.

High
The Multi-sector Holdings sub-sector is projected to shrink revenue by -0.06% in 2025. This number is higher than the previous year 2024's growth rate of -2.59%. false

Medium
The Multi-sector Holdings sub-sector is projected to decrease earnings by -10.41% in 2025. This number is higher than the previous year 2024's EPS growth of -11.49%. 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 -10.41% in 2025 while revenue growth is projected to decrease by -4.79%. These macroeconomic trends will likely be a tailwind for BHIT's earnings growth prospects in the next 2 years.

Technical

Daily Technical Ratings of BHIT

Oscillators

Neutral

Sell

1

Neutral

9

Buy

1

Summary

Neutral

Sell

7

Neutral

10

Buy

9

Moving Averages

Buy

Sell

6

Neutral

1

Buy

8

Summary

Technical Ratings of BHIT
IndicatorSummarySellNeutralBuy
SummaryNeutral7109
OscillatorsNeutral191
Moving AveragesBuy618

Last Update: 2024-07-19

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Management

Executive Management

President Director

Hary Tanoesoedibjo15.2 years

Vice President Director

Susanty Tjandra Sanusi15.4 years
TienDirector
Natalia PurnamaDirector
Henry SuparmanDirector
Mashudi HamkaDirector
Santi ParamitaDirector
NamePositionShares%Stock Value
(in Billion IDR)
Hary TanoesoedibjoPresident Director2,166,568,3002.5995.33B

Ownership

BHIT Ownership

NameNumber of SharesOwnership (%)Value
Public (Scripless)54,553,997,83165.32,400.38B
Ht Investment Development Ltd13,238,835,71615.85582.51B
Dbs Bank Ltd S/A Caravaggio Holdings Limited8,321,109,8009.96366.13B
Pt Bhakti Panjiwira5,262,220,1126.3231.54B
Hary Tanoesoedibjo2,166,568,3002.5995.33B

BHIT Filings

Informasi insider trading PT MNC Asia Holding Tbk dalam PT MNC Asia Holding Tbk

051/BHIT/DIR/VII/2024 - 11-07-2024 00:00 - Kategori Termasuk >5% - PT MNC Asia Holding Tbk dengan status kontrol Pengendali dalam saham PT MNC Asia Holding Tbk berubah dari 18.954.694.280 menjadi 18.971.694.280 dengan tujuan lainnya

July 11, 2024

- - %
View source

Informasi insider trading Hary Tanoesoedibjo dalam PT MNC Asia Holding Tbk

048/BHIT/DIR/VII/2024 - 10-07-2024 00:02 - Kategori Direksi - Hary Tanoesoedibjo dengan status kontrol Pengendali dalam saham PT MNC Asia Holding Tbk berubah dari 2.238.568.300 menjadi 2.344.568.300 dengan tujuan lainnya

July 10, 2024

- - %
View source

Informasi insider trading PT MNC Asia Holding Tbk dalam PT MNC Asia Holding Tbk

047/BHIT/DIR/VII/2024 - 10-07-2024 00:00 - Kategori Termasuk >5% - PT MNC Asia Holding Tbk dengan status kontrol Pengendali dalam saham PT MNC Asia Holding Tbk berubah dari 18.936.679.980 menjadi 18.954.694.280 dengan tujuan lainnya

July 10, 2024

- - %
View source

Informasi insider trading PT MNC Asia Holding Tbk dalam PT MNC Asia Holding Tbk

045/BHIT/DIR/VII/2024 - 09-07-2024 07:08 - Kategori Termasuk >5% - PT MNC Asia Holding Tbk dengan status kontrol Pengendali dalam saham PT MNC Asia Holding Tbk berubah dari 18.898.835.380 menjadi 18.936.679.980 dengan tujuan lainnya

July 9, 2024

buy - institution
View source

Informasi insider trading Hary Tanoesoedibjo dalam PT MNC Asia Holding Tbk

046/BHIT/DIR/VII/2024 - 08-07-2024 17:48 - Kategori Direksi - Hary Tanoesoedibjo dengan status kontrol Pengendali dalam saham PT MNC Asia Holding Tbk berubah dari 2.230.568.300 menjadi 2.238.568.300 dengan tujuan lainnya

July 8, 2024

- - %
View source

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