PT Mulia Boga Raya Tbk

keju

Overview

KEJU Overview

PT Mulia Boga Raya Tbk is an Indonesia-based company, which carries out business activities in the processed food industry sector and produces various types of nutritious and cheese products for the community. The Company’s segments include Block Cheese, Sliced Cheese, and Others. It produces various variants of cheese products under the Prochiz and TopChiz brands. Its products include Prochiz Cheddar Royale, Prochiz Gold Cheddar, Prochiz Spready, Prochiz Mozzarella, Prochiz Quick Melt, Prochiz Cheddar Slices, Prochiz Gold Slices, Prochiz Quick Melt Slice and Prochiz Mayo! Salad Dressing. It exports its products across many Asian regions, such as Malaysia, Thailand, the Philippines, and Brunei Darussalam. Its products are distributed through various channels, including modern retailers (such as supermarkets, hypermarkets, and minimarts), traditional retailers (such as grocery stores and small independent retailers), wholesalers, and various institutions in the country.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: KEJU

Development
Market Cap.
IDR 1.73Trillion

~$110.26M USD

Industry
Processed Foods
Sub-Industry
Dairy Products
Sector
Consumer Non-Cyclicals
Sub-Sector

Valuation

KEJU Valuation Metrics

1,155

IDR

Closing Price on 2024-04-05

Price to Equity

32.02

P/E

At 32.02x P/E TTM, KEJU.JK is trading at a premium to its peers in the Food & Beverage sector (avg 12.2x).

Price to Book

2.70

P/B

At 2.70x P/B TTM, KEJU.JK is trading at a premium to its peers in the Food & Beverage sector (avg 1.2x).

Price to Sales

1.80

P/S

At 1.80x P/S TTM, KEJU.JK is trading at a premium to its peers in the Food & Beverage sector (avg 0.9x).

Valuing PT Mulia Boga Raya Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Food & Beverage sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Mulia Boga Raya Tbk relative to other stocks in the Food & Beverage sector

Price/Cash Flow
708.28x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.70x
Enterprise Value/EBITDA
20.55x
PEG Ratio
-0.57x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1,1552024-04-05
IDR 633.21

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of KEJU is IDR633, which is 44% lower than KEJU's last closing price of IDR1,155 (as of 2024-04-05).

Valuation Recap of KEJU 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 32.02x is above the ID market average of 8.22x and is trading at a premium to peers in the Food & Beverage sector (12.16x). In fact, less than 25% of its peers trade at a higher P/E ratio than KEJU.
Max 3
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 2.70x is above the peers average of 1.24x in the Food & Beverage sector.
Max 3
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 1.80x is above the peers average of 0.90x in the Food & Beverage sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of KEJU's valuation relative to its current sales and future earnings growth.
Max 2
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. KEJU's P/CF ratio of 708.28x is considered a relatively high ratio by analysts.
Max 2
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. KEJU's EV/R ratio of 1.70x is considered fairly underpriced by the market The average EV/R ratio for the Food & Beverage sector is 1.41x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of KEJU is IDR 633.21, which is 44% lower than KEJU's last closing price of IDR 1,155.00.
Max 3

Peers

KEJU 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
ICBPIndofood CBP Sukses Makmur Tbk126.53T118.89T 67.20T 8.34T 15.173.09
AMRTPT Sumber Alfaria Trijaya Tbk.119.59T33.01T 104.81T 3.29T 36.309.87
UNVRUnilever Indonesia Tbk102.24T18.92T 40.19T 4.94T 20.6919.00
HMSPHM Sampoerna Tbk99.45T55.76T 142.08T 9.79T 10.163.55
PANIPT Pantai Indah Kapuk Dua Tbk.86.73T16.92T 2.13T 0.38T 225.7838.08
CPINCharoen Pokphand Indonesia Tbk86.50T41.94T 60.56T 2.42T 35.772.98
INDFIndofood Sukses Makmur Tbk57.07T188.81T 113.90T 8.80T 6.490.98
MYORMayora Indah Tbk54.11T23.42T 31.33T 2.88T 18.763.90
CMRYPT Cisarua Mountain Dairy Tbk40.07T6.59T 7.36T 1.15T 34.897.07
ULTJPT Ultrajaya Milk Industry & Trading Company Tbk19.24T7.71T 8.10T 1.07T 18.063.02
Competitiveness Recap of KEJU stock
WeightNotesScore
High
At a market cap of IDR 1,732.50 billion, KEJU.JK ranks 10 in Market Cap out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
High
At a PE of 32.02, KEJU.JK ranks 5 out of 10 companies in the Consumer Non-Cyclicals sector for P/E value. The average PE is 43.60 (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 Consumer Non-Cyclicals. In this regard, it trails behind sector leaders such as PT Pantai Indah Kapuk Dua Tbk. (225.78) in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a PE of 32.02, KEJU.JK is trading at a higher PE than that of its subsector peers in Food & Beverage (median of 12.16). false●●
Max 2
Medium
At a revenue of IDR 0.96 trillion, KEJU.JK ranks 10 in Revenue out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.05 trillion, KEJU.JK ranks 10 in Profit out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2

Future

Future Growth of KEJU

Growth Forecasts

No data available

Sector Benchmark

Food & Beverage companies in Indonesia are growing at a projected rate of 12.66% against the IDX average of +12.0%.

Food & Beverage sector overview
No data is available for KEJU at the moment.
Future growth prospect of KEJU
WeightNotesScore
High
KEJU's projected growth rate of 12.66% is above the ID market average of 11.98%.●●●
Max 3
High
The Food & Beverage sub-sector is projected to grow revenue by 13.20% in 2024. This number is higher than the previous year 2023's growth rate of 4.97%. This bodes well for KEJU's revenue growth prospects in the next 2 years. ●●
Max 3
Medium
The Food & Beverage sub-sector is projected to increase earnings by 58.68% in 2024. This number is higher than the previous year 2023's EPS growth of 40.16%. This bodes well for KEJU's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
KEJU and its peers in the Food & Beverage sub-sector belongs to the Consumer Non-Cyclicals sector. Companies in the Consumer Non-Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 53.54% in 2024 while revenue growth is projected to increase by 13.24%. These macroeconomic trends will likely be a tailwind for KEJU's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Paulus Tedjosutikno15.2 years
Peter Wiradjaja
Director
Johannes Setiadharma
Director
NamePositionShares%
Hartono AtmadjaPresident Commissioner2,643,2000.18
Johannes SetiadharmaDirector496,1000.03
Paulus TedjosutiknoPresident Director1,321,6000.09
Peter WiradjajaDirector837,1000.06
Robert Chandrakelana AdjieCommissioner484,6000.03
Expressed in millions IDR, unless otherwise stated

Ownership

KEJU Ownership

Others
1.29%
Insiders
98.71%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Garudafood Putra Putri Jaya Tbk991,104,60066.071,144.73B
Pelican Company Limited271,875,00018.13314.02B
Public (Scripless)135,090,8009156.03B
Pt. Tudung Putra Putri Jaya96,147,0006.41111.05B
Hartono Atmadja2,643,2000.183.05B
Paulus Tedjosutikno1,321,6000.091.53B
Peter Wiradjaja837,1000.060.97B
Johannes Setiadharma496,1000.030.57B
Robert Chandrakelana Adjie484,6000.030.56B
No data is available for KEJU at the moment.