Metropolitan Kentjana Tbk

mkpi

Overview

MKPI Overview

PT Metropolitan Kentjana Tbk is an Indonesia-based company engaged in the business of rental of property and sales of property. Its Rental property business, which is the main business, includes rental in Pondok Indah Mall (PIM), Pondok Indah Golf Apartment (PIGA), Pondok Indah Office Tower (PIOT), Pondok Indah Office Park (PIOP) and Service Residence Pondok Indah (SRPI). Its Sales of property business include sales of townhouses, and strata unit apartments. The Company carries out its business activity in two categories, such as residential and commercial properties and are located in Jakarta, Tangerang, and Batam Island. Commercial properties of the Company cover shopping malls, apartments, office buildings and hotels. The Company also has a hotel business through its subsidiary PT. Pondok Indah Hotel, which is operated using the chain of Intercontinental Hotel Group (IHG). Its subsidiaries include PT Bumi Shangril La Jaya and PT Pondok Indah Investment.

5101520ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MKPI

Development
Market Cap.
IDR 25.84Trillion

~$1.64B USD

Industry
Real Estate Management & Development
Sub-Industry
Real Estate Development & Management
Sector
Properties & Real Estate

Valuation

MKPI Valuation Metrics

27,250

IDR

Closing Price on 2024-04-05

Price to Equity

29.96

P/E

At 29.96x P/E TTM, MKPI.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 6.6x).

Price to Book

3.89

P/B

At 3.89x P/B TTM, MKPI.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 0.6x).

Price to Sales

11.28

P/S

At 11.28x P/S TTM, MKPI.JK is trading at a premium to its peers in the Properties & Real Estate sector (avg 3.0x).

Valuing Metropolitan Kentjana Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Properties & Real Estate sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Metropolitan Kentjana Tbk relative to other stocks in the Properties & Real Estate sector

Price/Cash Flow
19.92x
Price/Forward Earnings
-
Enterprise Value/Revenue
10.82x
Enterprise Value/EBITDA
27.83x
PEG Ratio
0.88x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR27,2502024-04-05
IDR 6,369.36

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MKPI is IDR6,369, which is 76% lower than MKPI's last closing price of IDR27,250 (as of 2024-04-05).

Valuation Recap of MKPI 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 29.96x is above the ID market average of 8.22x and is trading at a premium to peers in the Properties & Real Estate sector (6.58x). In fact, less than 25% of its peers trade at a higher P/E ratio than MKPI.
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 3.89x is above the peers average of 0.56x in the Properties & Real Estate sector. MKPI trades at a higher P/B ratio than >75% of its peers in the Properties & Real Estate 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 11.28x is above the peers average of 3.01x in the Properties & Real Estate sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MKPI'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. MKPI's P/CF ratio of 19.92x 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. MKPI's EV/R ratio of 10.82x is considered a relatively high ratio The average EV/R ratio for the Properties & Real Estate sector is 4.00x.
Max 3
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of MKPI is IDR 6,369.36, which is 76% lower than MKPI's last closing price of IDR 27,250.00.
Max 3

Peers

MKPI Peers and Comparison

Market Cap.

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
MKPIMetropolitan Kentjana Tbk25.84T8.42T 2.29T 0.86T 29.963.89
CTRACiputra Development Tbk22.61T42.63T 8.49T 1.52T 14.881.17
PWONPakuwon Jati Tbk20.80T32.06T 6.06T 1.83T 11.341.12
BSDEPT Bumi Serpong Damai Tbk20.39T71.11T 10.40T 3.28T 6.210.57
MPROPT Maha Properti Indonesia Tbk.17.43T1.71T 0.00T -0.03T -503.6319.02
INPPIndonesian Paradise Property Tbk11.24T9.18T 1.25T 0.12T 93.702.12
RISEPT Jaya Sukses Makmur Sentosa Tbk.10.73T2.91T 0.31T 0.03T 306.565.19
PLINPlaza Indonesia Realty Tbk9.62T12.31T 1.26T 0.69T 13.980.90
SMRAPT Summarecon Agung Tbk8.58T29.50T 6.59T 0.97T 8.860.88
JRPTJaya Real Property Tbk8.39T12.62T 2.39T 0.95T 8.880.96
Competitiveness Recap of MKPI stock
WeightNotesScore
High
At a market cap of IDR 25,838.29 billion, MKPI.JK ranks 1 in Market Cap out of 10 companies in the Properties & Real Estate sector.●●
Max 2
High
At a PE of 29.96, MKPI.JK ranks 3 out of 10 companies in the Properties & Real Estate sector for P/E value. The average PE is -0.93 (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 Properties & Real Estate. In this regard, it trails behind sector leaders such as PT Jaya Sukses Makmur Sentosa Tbk. (306.56) in the Properties & Real Estate sector.
Max 2
Medium
At a PE of 29.96, MKPI.JK is trading at a higher PE than that of its subsector peers in Properties & Real Estate (median of 6.58). false●●
Max 2
Medium
At a revenue of IDR 2.29 trillion, MKPI.JK ranks 6 in Revenue out of 10 companies in the Properties & Real Estate sector.
Max 2
Medium
At a profit of IDR 0.86 trillion, MKPI.JK ranks 6 in Profit out of 10 companies in the Properties & Real Estate sector.
Max 2

Future

Future Growth of MKPI

Growth Forecasts

No data available

Sector Benchmark

Properties & Real Estate companies in Indonesia are growing at a projected rate of 11.45% against the IDX average of +12.0%.

Properties & Real Estate sector overview
No data is available for MKPI at the moment.
Future growth prospect of MKPI
WeightNotesScore
High
MKPI's projected growth rate of 11.45% is below the ID market average of 11.98%.●●●
Max 3
High
The Properties & Real Estate sub-sector is projected to grow revenue by 7.55% in 2024. This number is higher than the previous year 2023's growth rate of 2.32%. This bodes well for MKPI's revenue growth prospects in the next 2 years. ●●
Max 3
Medium
The Properties & Real Estate sub-sector is projected to increase earnings by 10.85% in 2024. This number is higher than the previous year 2023's EPS growth of 0.39%. This bodes well for MKPI's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
MKPI and its peers in the Properties & Real Estate sub-sector belongs to the Properties & Real Estate sector. Companies in the Properties & Real Estate sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 10.85% in 2024 while revenue growth is projected to increase by 7.55%. These macroeconomic trends will likely be a tailwind for MKPI's earnings growth prospects in the next 2 years. ●●
Max 3
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Management

Executive Management

President Director

Ir. Husin Widjajakusuma 15.2 years

Vice President Director

Ir. Jeffri Sandra Tanudjaja, Mm15.4 years
Tjandra Gianto Halim
Director
Susanna
Director
Kenneth Suhadi Purnama
Director
Herman Widjaja
Director
NamePositionShares%
Fenza SofyanCommissioner1,000,0000.11
Husin WidjajakusumaDirector61,500< 0.01
Iwan Putra BrasaliCommissioner3,366,5000.35
Expressed in millions IDR, unless otherwise stated

Ownership

MKPI Ownership

Others
10.24%
Insiders
89.74%
Institutions
0.02%
NameNumber of SharesOwnership (%)Value
Pt Karuna Paramita Propertindo449,878,65047.4512,259.19B
Public (Scrip)127,484,69213.453,473.96B
Public (Scripless)78,089,5278.242,127.94B
Pt Apratima Sejahtera74,855,5277.892,039.81B
Pt Dwitunggal Permata74,574,0277.862,032.14B
Pt Penta Cosmopolitan71,041,5507.491,935.88B
Pt Buditama Nirwana67,842,0277.151,848.70B
Iwan Putra Brasali3,366,5000.3591.74B
Fenza Sofyan1,000,0000.1127.25B
Husin Widjajakusuma61,5000.011.68B
No data is available for MKPI at the moment.