Modern Internasional Tbk

mdrn

Overview

MDRN Overview

PT Modern Internasional Tbk is an Indonesia-based company. The Company is engaged in industrial imaging products, such as medical equipment, graphic art and document solution by carrying various brands. It offers document solution business by carrying various brands and services comprising of technical/ mechanical/ electrical/ photocopy machine and its spare parts. The Company's segment includes Richo and medical. It is focused on providing products, such as multifunction color copier, X-Ray film product and Fujifilm computed radiography equipment, X-Ray unit Shimadzu, hologic insight surgical mini C-Arm and others. The Company operates primarily in Java Island, Sumatera Island, Sulawesi Island, Kalimantan Island, Bat Island and Batam Island. Its subsidiaries include PT Modern Pangan Indonesia, PT Modern Sevel Indonesia, and PT Modern Data Solusi.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MDRN

Watchlist
Market Cap.
IDR 30.53Billion

~$1.93M USD

Industry
Commercial Services
Sub-Industry
Office Supplies
Sector
Industrials

Valuation

MDRN Valuation Metrics

5

IDR

Closing Price on 2024-04-05

Price to Equity

0.63

P/E

At 0.63x P/E TTM, MDRN.JK is trading at a discount to its peers in the Industrial Services sector.

Price to Book

-0.09

P/B

At -0.09x P/B TTM, MDRN.JK is trading at a discount to its peers in the Industrial Services sector.

Price to Sales

0.68

P/S

At 0.68x P/S TTM, MDRN.JK is trading at a discount to its peers in the Industrial Services sector.

Valuing Modern Internasional Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Industrial Services sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Modern Internasional Tbk relative to other stocks in the Industrial Services sector

Price/Cash Flow
1.55x
Price/Forward Earnings
-
Enterprise Value/Revenue
10.12x
Enterprise Value/EBITDA
9.17x
PEG Ratio
-0.01x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR52024-04-05
IDR 37.69

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MDRN is IDR38, which is 655% higher than MDRN's last closing price of IDR5 (as of 2024-04-05).

Valuation Recap of MDRN 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 0.63x is below the ID market average of 8.22x and is trading at a discount to peers in the Industrial Services sector (9.37x). In fact, less than 25% of its peers trade at a lower P/E ratio than MDRN.●●●
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 -0.09x is below the peers average of 0.82x in the Industrial Services sector. In fact, less than 25% of its peers trade at a lower P/B ratio than MDRN.●●●
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 0.68x is similar to the peers average of 0.81x in the Industrial Services sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MDRN'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. MDRN's P/CF ratio of 1.55x is considered healthy 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. MDRN's EV/R ratio of 10.12x is considered a relatively high ratio The average EV/R ratio for the Industrial Services sector is 0.67x.
Max 3
Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MDRN is IDR 37.69, which is 655% higher than MDRN's last closing price of IDR 5.00.●●●
Max 3

Peers

MDRN 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 Tbk213.55T442.98T 320.94T 31.31T 6.821.12
UNTRUnited Tractors Tbk91.70T153.14T 129.67T 20.49T 4.481.23
IMPCPT Impack Pratama Industri Tbk20.40T3.44T 2.87T 0.44T 46.179.35
BNBRBakrie & Brothers Tbk8.00T20.10T 4.37T 0.27T 29.913.86
ARNAArwana Citramulia Tbk5.39T2.58T 2.43T 0.47T 11.463.07
HEXAHexindo Adiperkasa Tbk5.25T6.93T 10.44T 0.91T 5.752.18
BHITPT MNC Asia Holding Tbk4.18T70.97T 18.39T 0.64T 6.520.24
MARKPT Mark Dynamics Indonesia Tbk.3.39T0.92T 0.49T 0.12T 27.324.21
SKRNPT Superkrane Mitra Utama Tbk2.75T3.13T 0.94T 0.17T 15.702.94
JTPEJasuindo Tiga Perkasa Tbk2.00T1.91T 2.21T 0.22T 9.041.93
Competitiveness Recap of MDRN stock
WeightNotesScore
High
At a market cap of IDR 30.53 billion, MDRN.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of 0.63, MDRN.JK ranks 10 out of 10 companies in the Industrials sector for P/E value. The average PE is 15.48 (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 (46.17) in the Industrials sector.
Max 2
Medium
At a PE of 0.63, MDRN.JK is trading at a lower PE than that of its subsector peers in Industrial Services (median of 9.37). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 0.04 trillion, MDRN.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.
Max 2
Medium
At a profit of IDR 0.05 trillion, MDRN.JK ranks 10 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of MDRN

Growth Forecasts

No data available

Sector Benchmark

Industrial Services companies in Indonesia are shrinking at a projected rate of 0.00% against the IDX average of +12.0%.

Industrial Services sector overview
No data is available for MDRN at the moment.
Future growth prospect of MDRN
WeightNotesScore
Medium
MDRN and its peers in the Industrial Services sub-sector belongs to the Industrials sector. Companies in the Industrials sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to increase by 2.83% in 2024 while revenue growth is projected to increase by 2.96%. These macroeconomic trends will likely be a headwind for MDRN's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Sungkono Honoris15.2 years
Laurentius Linggodigdo
Director
NamePositionShares%
Sungkono HonorisPresident Director2,689,080,20035.23
Expressed in millions IDR, unless otherwise stated

Ownership

MDRN Ownership

Others
29.16%
Insiders
70.41%
Institutions
0.43%
NameNumber of SharesOwnership (%)Value
Sungkono Honoris2,689,080,20035.2313.45B
Public (Scripless)1,830,828,99823.999.15B
Bukit Hedama Permai1,608,446,42721.078.04B
Cs Ag Sg Asialink Electronics602,931,7007.93.01B
Cimbgnt Sa Cimbpe473,640,8186.212.37B
Public (Scrip)427,239,6555.62.14B
No data is available for MDRN at the moment.