Multifiling Mitra Indonesia Tbk

mfmi

Overview

MFMI Overview

PT Multifiling Mitra Indonesia Tbk is an Indonesia-based integrated storage and record management provider. It is engaged in carrying out documentation and information, organizing, storing, borrowing and retrieval of archived both paper and electronic-based documents, software and hardware implementation and scanning through imaging/printing technology. Its solutions include information and asset storage, records management, data management and secure shredding. The Company stores and protects business documents, backup tapes, electronic files, medical data and other assets. Its products and services consist of document scanning and digital storage services, document destruction services, IT asset recycling and disposition, legal and vital records storage, iron mountain clean start, support digital transformation, file room solutions, iron mountain connect, offsite records storage, iron mountain records centers, and offsite tape vaulting. Iron Mountain Hong Kong Ltd is its subsidiary.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MFMI

Watchlist
Market Cap.
IDR 363.64Billion

~$22.93M USD

Industry
Commercial Services
Sub-Industry
Business Support Services
Sector
Industrials

Valuation

MFMI Valuation Metrics

480

IDR

Closing Price on 2024-04-05

Price to Equity

14.92

P/E

At 14.92x P/E TTM, MFMI.JK is trading at a premium to its peers in the Industrial Services sector (avg 9.4x).

Price to Book

3.07

P/B

At 3.07x P/B TTM, MFMI.JK is trading at a premium to its peers in the Industrial Services sector (avg 0.8x).

Price to Sales

2.20

P/S

At 2.20x P/S TTM, MFMI.JK is trading at a premium to its peers in the Industrial Services sector (avg 0.8x).

Valuing Multifiling Mitra Indonesia 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 Multifiling Mitra Indonesia Tbk relative to other stocks in the Industrial Services sector

Price/Cash Flow
6.23x
Price/Forward Earnings
-
Enterprise Value/Revenue
2.73x
Enterprise Value/EBITDA
5.12x
PEG Ratio
0.08x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR4802024-04-05
IDR 313.39

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MFMI is IDR313, which is 34% lower than MFMI's last closing price of IDR480 (as of 2024-04-05).

Valuation Recap of MFMI 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 14.92x is above the ID market average of 8.22x and is trading at a premium to peers in the Industrial Services sector (9.37x).
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 3.07x is above the peers average of 0.82x in the Industrial Services sector. MFMI trades at a higher P/B ratio than >75% of its peers in the Industrial Services 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 2.20x is above 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 MFMI'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. MFMI's P/CF ratio of 6.23x 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. MFMI's EV/R ratio of 2.73x is considered fairly underpriced by the market The average EV/R ratio for the Industrial Services sector is 0.67x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MFMI is IDR 313.39, which is 34% lower than MFMI's last closing price of IDR 480.00.
Max 3

Peers

MFMI 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 MFMI stock
WeightNotesScore
High
At a market cap of IDR 363.64 billion, MFMI.JK ranks 10 in Market Cap out of 10 companies in the Industrials sector.
Max 2
High
At a PE of 14.92, MFMI.JK ranks 5 out of 10 companies in the Industrials sector for P/E value. The average PE is 16.90 (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 14.92, MFMI.JK is trading at a higher PE than that of its subsector peers in Industrial Services (median of 9.37). false●●
Max 2
Medium
At a revenue of IDR 0.17 trillion, MFMI.JK ranks 10 in Revenue out of 10 companies in the Industrials sector.
Max 2
Medium
At a profit of IDR 0.02 trillion, MFMI.JK ranks 10 in Profit out of 10 companies in the Industrials sector.
Max 2

Future

Future Growth of MFMI

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 MFMI at the moment.
Future growth prospect of MFMI
WeightNotesScore
Medium
MFMI 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 MFMI's earnings growth prospects in the next 2 years.
Max 3
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Management

Executive Management

President Director

Joyce Housien15.2 years
Sandeep Jayant Potdar
Director
Siva Kumar K Indran
Director
Sylvia Lestariwati F K
Director
NamePositionShares%
No data is available for MFMI at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

MFMI Ownership

Others
0.65%
Insiders
99.35%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Iron Mountain Hong Kong Limited752,632,70099.35361.26B
Public (Scripless)4,948,3000.652.38B
No data is available for MFMI at the moment.