PT Mark Dynamics Indonesia Tbk.

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 3.38Trillion

~$207.66M USD

Industry
Machinery
Sub-Industry
Industrial Machinery & Components
Sector
Industrials

Valuation

MARK Valuation Metrics

890

IDR
-1.1%

Closing Price on 2024-07-19

Price to Equity

17.10

P/E

At 17.10x P/E TTM, MARK.JK is trading at a premium to its peers in the Industrial Goods sector (avg 6.0x).

Price to Book

3.72

P/B

At 3.72x P/B TTM, MARK.JK is trading at a premium to its peers in the Industrial Goods sector (avg 0.6x).

Price to Sales

5.27

P/S

At 5.27x 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 Flow12.00x
Price/Forward Earnings-
Enterprise Value/Revenue5.16x
Enterprise Value/EBITDA12.41x
PEG Ratio0.13x

Intrinsic Value

Last closing: IDR8902024-07-19
IDR 767.30

Fairly Close to Intrinsic Value: Analyst's intrinsic value is of MARK is IDR767, which is 13% lower than MARK's last closing price of IDR890 (as of 2024-07-19).

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 17.10x is above the ID market average of 8.44x and is trading at a premium to peers in the Industrial Goods sector (6.05x). 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 3.72x is above the peers average of 0.58x 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 5.27x is above the peers average of 0.58x 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 12.00x 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 5.16x is considered a relatively high ratio. The average EV/R ratio for the Industrial Goods sector is 0.95x.

Medium
Fairly Close to Intrinsic Value: Analyst's intrinsic value is of MARK is IDR 767.30, which is 13% lower than MARK's last closing price of IDR 890.00.

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 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 MARK stock
WeightNotesScore
High
At a market cap of IDR 3,382.00 billion, MARK.JK ranks 8 in Market Cap out of 10 companies in the Industrials sector.

High
At a PE of 17.10, MARK.JK ranks 4 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 17.10, MARK.JK is trading at a higher PE than that of its subsector peers in Industrial Goods (median of 6.05). false

Medium
At a revenue of IDR 0.64 trillion, MARK.JK ranks 9 in Revenue out of 10 companies in the Industrials sector.

Medium
At a profit of IDR 0.20 trillion, MARK.JK ranks 9 in Profit out of 10 companies in the Industrials sector.

Future

Future Growth of MARK

Growth Forecasts

Analyst Ratings

No analyst ratings available yet.

Sector Benchmark

Industrial Goods companies in Indonesia are shrinking at a projected rate of -54.52% 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 -54.52% is below the ID market average of 13.82%.

High
The Industrial Goods sub-sector is projected to shrink revenue by -14.07% in 2025. This number is lower than the previous year 2024's growth rate of -5.49%. 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 -10.41% in 2025 while revenue growth is projected to decrease by -4.79%. These macroeconomic trends will likely be a tailwind for MARK's earnings growth prospects in the next 2 years.

Technical

Daily Technical Ratings of MARK

Oscillators

Sell

Sell

2

Neutral

9

Buy

0

Summary

Sell

Sell

12

Neutral

10

Buy

4

Moving Averages

Sell

Sell

10

Neutral

1

Buy

4

Summary

Technical Ratings of MARK
IndicatorSummarySellNeutralBuy
SummarySell12104
OscillatorsSell290
Moving AveragesSell1014

Last Update: 2024-07-19

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Management

Executive Management

President Director

Ridwan15.2 years
Sutiyoso Bin RismanDirector
Cahaya Dewi Boru SurbaktiDirector
RianaDirector
Chow Kun JianDirector
NamePositionShares%Stock Value
(in Billion IDR)
RianaDirector79,900< 0.010.07B
Sutiyoso Bin RismanDirector56,032,5551.4749.87B

Ownership

MARK Ownership

NameNumber of SharesOwnership (%)Value
Tecable (Hk) Co Limited1,665,238,44643.821,482.06B
Pt Dyna Capital Indo806,751,56221.23718.01B
Public (Scripless)678,591,40017.87603.95B
Pt Mark Capital Indo584,957,74715.39520.61B
Sutiyoso Bin Risman56,032,5551.4749.87B
Cahaya Dewi Br Surbakti8,348,7000.227.43B

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

MARK Filings

No noteworthy filings to report on

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