Media Nusantara Citra Tbk

mncn

-2.00%

Overview

MNCN Overview

PT Media Nusantara Citra Tbk is an Indonesia-based integrated media company. The Company is engaged in advertising-based media, as well as producing and distributing various content both on television and other platforms. The Company owns and operates four FTA TV stations, such as RCTI, MNCTV, GTV, and iNews. The Company’s content production unit produces content for distribution platforms, conventional and digital, by providing a variety of local Indonesian content from various genre categories for all generations. The Company operates through four segments: Advertisement, Content, Subscription, and Others. The Company is focused on developing its digital business through RCTI+ super apps and social media management. In addition, the Company has 6 news portals.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MNCN

Main
Market Cap.
IDR 3.89Trillion

~$243.03M USD

Industry
Media
Sub-Industry
Broadcasting
Sector
Consumer Cyclicals

Valuation

MNCN Valuation Metrics

294

IDR
-2.0%

Closing Price on 2024-04-18

Price to Equity

3.77

P/E

At 3.77x P/E TTM, MNCN.JK is trading at a discount to its peers in the Media & Entertainment sector.

Price to Book

0.19

P/B

At 0.19x P/B TTM, MNCN.JK is trading at a discount to its peers in the Media & Entertainment sector.

Price to Sales

0.50

P/S

At 0.50x P/S TTM, MNCN.JK is trading at a discount to its peers in the Media & Entertainment sector.

Valuing Media Nusantara Citra Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Media & Entertainment sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Media Nusantara Citra Tbk relative to other stocks in the Media & Entertainment sector

Price/Cash Flow
3.38x
Price/Forward Earnings
2.80x
Enterprise Value/Revenue
0.48x
Enterprise Value/EBITDA
1.93x
PEG Ratio
-0.05x

Analyst Ratings

40
60
80
0
100

85.0

Undervalued

Fairly Valued

Overvalued

Last closing: IDR2942024-04-18
IDR 2,479.84

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MNCN is IDR2,480, which is 744% higher than MNCN's last closing price of IDR294 (as of 2024-04-18).

Valuation Recap of MNCN 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 3.77x is below the ID market average of 8.46x and is trading at a premium to peers in the Media & Entertainment sector (-0.74x).

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 0.19x is below the peers average of 0.74x in the Media & Entertainment sector. In fact, less than 25% of its peers trade at a lower P/B ratio than MNCN.

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 0.50x is below the peers average of 1.13x in the Media & Entertainment sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MNCN's valuation relative to its current sales and future earnings growth. MNCN trades at a Forward P/E ratio of 2.80x, which is considered fairly undervalued by analysts.

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. MNCN's P/CF ratio of 3.38x is considered healthy by analysts.

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. MNCN's EV/R ratio of 0.48x is considered extremely underpriced by the market The average EV/R ratio for the Media & Entertainment sector is 2.34x.

Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MNCN is IDR 2,479.84, which is 744% higher than MNCN's last closing price of IDR 294.00.

Peers

MNCN 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
MASAMultistrada Arah Sarana Tbk50.28T8.11T 7.57T 1.17T 43.088.52
FILMPT MD Pictures Tbk.49.22T1.71T 0.37T 0.10T 509.3330.21
MSINPT MNC Digital Entertainment Tbk35.19T6.74T 2.95T 0.26T 133.316.13
MAPIMitra Adiperkasa Tbk29.36T27.52T 33.32T 1.89T 15.502.94
MAPAPT MAP Aktif Adiperkasa Tbk.26.79T10.80T 13.56T 1.39T 19.304.70
CNMAPT Nusantara Sejahtera Raya Tbk18.50T7.37T 5.23T 0.69T 26.903.91
ACESAce Hardware Indonesia Tbk16.09T7.75T 7.61T 0.76T 21.082.62
TRIOTrikomsel Oke Tbk11.08T0.10T 0.75T -0.11T -98.34-2.97
SMSMSelamat Sempurna Tbk10.80T4.57T 5.10T 0.94T 11.443.36
SCMASurya Citra Media Tbk8.11T11.05T 6.51T 0.33T 24.241.08
Competitiveness Recap of MNCN stock
WeightNotesScore
High
At a market cap of IDR 3,888.80 billion, MNCN.JK ranks 10 in Market Cap out of 10 companies in the Consumer Cyclicals sector.

High
At a PE of 3.77, MNCN.JK ranks 9 out of 10 companies in the Consumer Cyclicals sector for P/E value. The average PE is 68.54 (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 Consumer Cyclicals. In this regard, it trails behind sector leaders such as PT MD Pictures Tbk. (509.33) in the Consumer Cyclicals sector.

Medium
At a PE of 3.77, MNCN.JK is trading at a higher PE than that of its subsector peers in Media & Entertainment (median of -0.74). false

Medium
At a revenue of IDR 7.78 trillion, MNCN.JK ranks 3 in Revenue out of 10 companies in the Consumer Cyclicals sector.

Medium
At a profit of IDR 1.03 trillion, MNCN.JK ranks 4 in Profit out of 10 companies in the Consumer Cyclicals sector.

Future

Future Growth of MNCN

Growth Forecasts

No data available

Sector Benchmark

Media & Entertainment companies in Indonesia are growing at a projected rate of 13.62% against the IDX average of +7.6%.

Media & Entertainment sector overview
No data is available for MNCN at the moment.
Future growth prospect of MNCN
WeightNotesScore
High
MNCN's projected growth rate of 13.62% is above the ID market average of 7.62%.

High
The Media & Entertainment sub-sector is projected to grow revenue by 13.62% in 2024. This number is higher than the previous year 2023's growth rate of 4.62%. This bodes well for MNCN's revenue growth prospects in the next 2 years.

Medium
The Media & Entertainment sub-sector is projected to increase earnings by 186.19% in 2024. This number is higher than the previous year 2023's EPS growth of 0.00%. This bodes well for MNCN's earnings growth prospects in the next 2 years.

Medium
MNCN and its peers in the Media & Entertainment sub-sector belongs to the Consumer Cyclicals sector. Companies in the Consumer Cyclicals sector are projected to have a challenging year heading into 2024. Specifically, earnings are projected to decrease by 0.00% in 2024 while revenue growth is projected to increase by 99.52%. These macroeconomic trends will likely be a headwind for MNCN's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Noersing15.2 years

Vice President Director

Kanti Mirdiati Imansyah15.4 years
Valencia Herliani Tanoesoedibjo
Director
Ruby Panjaitan
Director
Ella Kartika
Director
Tantan Sumartana
Director
Dini Ayanti Putri
Director
NamePositionShares%
No data is available for MNCN at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

MNCN Ownership

Others
40.54%
Insiders
46.35%
Institutions
13.11%
NameNumber of SharesOwnership (%)Value
Pt Global Mediacom Tbk6,967,133,50452.672,048.34B
Public (Scripless)6,260,026,30447.331,840.45B
No data is available for MNCN at the moment.