PT Bank Multiarta Sentosa Tbk

masb

Overview

MASB Overview

PT Bank Multiarta Sentosa Tbk (Bank MAS) is a commercial bank. Its segments include Loans, Treasury, Trade finance, and Other. It offers a variety of financial products and facilities, ranging from savings, time deposits, ownership loans, as well as a network of Bank MAS automated teller machine (ATMs), Alto, and ATM Prima spread throughout Indonesia. Its products and services include funding products, such as current account, MAS saving account, Tabungan Simaster, and time deposit; financing products, such as working capital loan, investment loan, and consumer loan; foreign exchange products include foreign currency deposit, foreign currency current account, remittance services, and export and import services; other products, such as ATM, safe deposit box services, and Internet banking and mobile banking services. It also provides various services, such as clearance, fund transfer, payroll service, money changer, and tax payment services through counter tellers.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MASB

Development
Market Cap.
IDR 5.12Trillion

~$323.07M USD

Industry
Banks
Sub-Industry
Banks
Sector
Financials
Sub-Sector

Valuation

MASB Valuation Metrics

3,500

IDR

Closing Price on 2024-04-05

Price to Equity

20.31

P/E

At 20.31x P/E TTM, MASB.JK is trading at a premium to its peers in the Banks sector (avg 13.8x).

Price to Book

1.41

P/B

At 1.41x P/B TTM, MASB.JK is trading at a premium to its peers in the Banks sector (avg 0.9x).

Price to Sales

6.52

P/S

At 6.52x P/S TTM, MASB.JK is trading at a premium to its peers in the Banks sector (avg 3.6x).

Valuing PT Bank Multiarta Sentosa Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Banks sector

Historical Price to Earnings

Other Valuation Metrics

Valuing PT Bank Multiarta Sentosa Tbk relative to other stocks in the Banks sector

Price/Cash Flow
1.01x
Price/Forward Earnings
-
PEG Ratio
-0.58x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3,5002024-04-05
IDR 1,483.77

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MASB is IDR1,484, which is 57% lower than MASB's last closing price of IDR3,500 (as of 2024-04-05).

Valuation Recap of MASB 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 20.31x is above the ID market average of 8.22x and is trading at a premium to peers in the Banks sector (13.79x).
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 1.41x is above the peers average of 0.88x in the Banks 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 6.52x is above the peers average of 3.61x in the Banks sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MASB'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. MASB's P/CF ratio of 1.01x is considered healthy by analysts.●●
Max 2
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MASB is IDR 1,483.77, which is 57% lower than MASB's last closing price of IDR 3,500.00.
Max 3

Peers

MASB 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
BBCAPT Bank Central Asia Tbk.1,211.18T1,381.45T 98.47T 48.20T 25.135.14
BBRIPT Bank Rakyat Indonesia (Persero) Tbk851.97T1,851.96T 175.51T 56.01T 15.212.78
BMRIPT Bank Mandiri (Persero) Tbk637.00T2,007.16T 135.73T 49.58T 12.852.62
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk124.55T319.85T 19.34T 5.26T 23.703.35
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.64.54T20.17T 1.41T 0.95T 68.095.07
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk52.37T329.13T 18.53T 6.10T 8.581.11
ARTOPT Bank Jago Tbk.35.84T19.13T 1.74T 0.03T 1398.304.30
Competitiveness Recap of MASB stock
WeightNotesScore
High
At a market cap of IDR 5,123.51 billion, MASB.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 20.31, MASB.JK ranks 5 out of 10 companies in the Financials sector for P/E value. The average PE is 28.49 (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 Financials. In this regard, it trails behind sector leaders such as PT Sinar Mas Multiartha Tbk (84.38) in the Financials sector.
Max 2
Medium
At a PE of 20.31, MASB.JK is trading at a higher PE than that of its subsector peers in Banks (median of 13.79). false●●
Max 2
Medium
At a revenue of IDR 0.79 trillion, MASB.JK ranks 10 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 0.25 trillion, MASB.JK ranks 10 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of MASB

Growth Forecasts

No data available

Sector Benchmark

Banks companies in Indonesia are growing at a projected rate of 14.60% against the IDX average of +12.0%.

Banks sector overview
No data is available for MASB at the moment.
Future growth prospect of MASB
WeightNotesScore
High
MASB's projected growth rate of 14.60% is above the ID market average of 11.98%.●●●
Max 3
High
The Banks sub-sector is projected to grow revenue by 33.80% in 2024. This number is higher than the previous year 2023's growth rate of 13.91%. This bodes well for MASB's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Banks sub-sector is projected to increase earnings by 80.01% in 2024. This number is higher than the previous year 2023's EPS growth of 35.28%. This bodes well for MASB's earnings growth prospects in the next 2 years. ●●●
Max 3
Medium
MASB and its peers in the Banks sub-sector belongs to the Financials sector. Companies in the Financials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 75.53% in 2024 while revenue growth is projected to increase by 32.25%. These macroeconomic trends will likely be a tailwind for MASB's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Ho Danny Hartono15.2 years
Fely Retnowati
Director
Iwan Yuda Pramudhi
Director
Haryati Lawidjaja
Director
Budi Afandi Winoto
Director
Rahmat Bagas Santoso
Director
NamePositionShares%
No data is available for MASB at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

MASB Ownership

Others
22.93%
Insiders
77.07%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Danabina Sentana738,500,00052.672,584.75B
Public (Scripless)347,010,76324.751,214.54B
Pt Multi Anekadana Sakti263,750,00018.81923.13B
Pt Halim Sakti52,750,0003.76184.63B
No data is available for MASB at the moment.