Mitra Investindo Tbk

miti

Overview

MITI Overview

PT Mitra Investindo Tbk is an Indonesia-based company, which is engaged in the business of domestic shipping services. The Company is focused on its domestic shipping business for offshore oil and gas production. The Company’s business segments include the ship charter, ship management, and ship agency segments. Its operation area is located in Jakarta, Balikpapan, Tanjung Redeb - Kalimantan Timur, Tarempa - Riau Island, Batam, Lhoksemauwe and Bontang. The Company’s, through its subsidiary, PT Wasesa Line, engaged in sea transportation; river, lake and crossing transportation; transportation and warehousing.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MITI

Development
Market Cap.
IDR 672.59Billion

~$42.41M USD

Industry
Logistics & Deliveries
Sub-Industry
Logistics & Deliveries
Sector
Transportation & Logistic

Valuation

MITI Valuation Metrics

186

IDR

Closing Price on 2024-04-05

Price to Equity

14.64

P/E

At 14.64x P/E TTM, MITI.JK is trading at a premium to its peers in the Logistics & Deliveries sector (avg 6.5x).

Price to Book

2.25

P/B

At 2.25x P/B TTM, MITI.JK is trading at a premium to its peers in the Logistics & Deliveries sector (avg 0.8x).

Price to Sales

2.12

P/S

At 2.12x P/S TTM, MITI.JK is trading at a premium to its peers in the Logistics & Deliveries sector (avg 1.0x).

Valuing Mitra Investindo Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Logistics & Deliveries sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Mitra Investindo Tbk relative to other stocks in the Logistics & Deliveries sector

Price/Cash Flow
16.07x
Price/Forward Earnings
-
Enterprise Value/Revenue
1.67x
Enterprise Value/EBITDA
8.16x
PEG Ratio
0.03x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of MITI 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 14.64x is above the ID market average of 8.22x and is trading at a premium to peers in the Logistics & Deliveries sector (6.51x). In fact, less than 25% of its peers trade at a higher P/E ratio than MITI.
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 2.25x is above the peers average of 0.81x in the Logistics & Deliveries sector. MITI trades at a higher P/B ratio than >75% of its peers in the Logistics & Deliveries 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 2.12x is above the peers average of 0.99x in the Logistics & Deliveries sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MITI'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. MITI's P/CF ratio of 16.07x 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. MITI's EV/R ratio of 1.67x is considered fairly underpriced by the market The average EV/R ratio for the Logistics & Deliveries sector is 1.31x.
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Peers

MITI 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
TMASPT Temas Tbk.9.61T4.00T 4.43T 0.98T 9.854.06
SMDRSamudera Indonesia Tbk5.21T18.77T 13.33T 1.60T 3.260.71
BIRDPT Blue Bird Tbk4.40T7.38T 4.31T 0.47T 9.470.81
ASSAAdi Sarana Armada Tbk3.05T7.25T 4.70T 0.09T 33.861.64
IMJSPT Indomobil Multi Jasa Tbk.2.34T28.06T 5.06T 0.12T 19.770.58
ELPIPT Pelayaran Nasional Ekalya Purnamasari Tbk2.11T2.32T 0.96T 0.17T 12.121.19
GIAAGaruda Indonesia (Persero) Tbk1.72T95.37T 43.17T -0.50T -3.46-0.07
HATMPT Habco Trans Maritima Tbk1.57T0.96T 0.50T 0.18T 8.651.95
NELYPelayaran Nelly Dwi Putri Tbk1.23T0.80T 0.49T 0.23T 5.391.73
Competitiveness Recap of MITI stock
WeightNotesScore
High
At a market cap of IDR 672.59 billion, MITI.JK ranks 10 in Market Cap out of 10 companies in the Transportation & Logistic sector.
Max 2
High
At a PE of 14.64, MITI.JK ranks 3 out of 10 companies in the Transportation & Logistic sector for P/E value. The average PE is 11.35 (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 Transportation & Logistic. In this regard, it trails behind sector leaders such as Adi Sarana Armada Tbk (33.86) in the Transportation & Logistic sector.
Max 2
Medium
At a PE of 14.64, MITI.JK is trading at a higher PE than that of its subsector peers in Logistics & Deliveries (median of 6.51). false●●
Max 2
Medium
At a revenue of IDR 0.32 trillion, MITI.JK ranks 10 in Revenue out of 10 companies in the Transportation & Logistic sector.
Max 2
Medium
At a profit of IDR 0.05 trillion, MITI.JK ranks 9 in Profit out of 10 companies in the Transportation & Logistic sector.
Max 2

Future

Future Growth of MITI

Growth Forecasts

No data available

Sector Benchmark

Logistics & Deliveries companies in Indonesia are shrinking at a projected rate of 0.00% against the IDX average of +12.0%.

Logistics & Deliveries sector overview
No data is available for MITI at the moment.
Future growth prospect of MITI
WeightNotesScore
Medium
MITI and its peers in the Logistics & Deliveries sub-sector belongs to the Transportation & Logistic sector. Companies in the Transportation & Logistic sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 50.12% in 2024 while revenue growth is projected to increase by 38.16%. These macroeconomic trends will likely be a tailwind for MITI's earnings growth prospects in the next 2 years. ●●●
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Management

Executive Management

President Director

Andreas Tjahjadi15.2 years
Ir. Bambang Ediyanto
Director
Ignatius Edy Suhardaya
Director
NamePositionShares%
Andreas TjahjadiPresident Director195,036,4165.5
Ir. Bambang EdiyantoDirector12,500,0000.35
Mohamad Indra PermanaCommissioner15,000,0000.42
Expressed in millions IDR, unless otherwise stated

Ownership

MITI Ownership

Others
24.31%
Insiders
75.69%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Prime Asia Capital1,693,367,13747.83314.97B
Pt Inti Bina Utama1,129,824,57231.91210.15B
Public (Scripless)494,911,10913.9892.05B
Andreas Tjahjadi195,036,4165.536.28B
Mohamad Indra Permana15,000,0000.422.79B
Ir. Bambang Ediyanto12,500,0000.352.33B
Public (Scrip)96,2690.010.02B
No data is available for MITI at the moment.