Mustika Ratu Tbk

mrat

Overview

MRAT Overview

PT Mustika Ratu Tbk is an Indonesia-based cosmetics and modern traditional herbal medicine company. The Company is engaged in the manufacturing, trading and distribution of herbal and traditional cosmetics, health drinks and other related activities. Its segments include manufacturing, and trading, services and distribution. It offers personal care, health products, herbs and health drinks, and cosmetics. The personal care products developed by the Company include Brightening Bengkoang Series, Minyak Zaitun Series, body care, cologne, face care, and others. Its health products include Herbamuno+, fat burning, health caplets, maternity, and supplements. Its herbal and health drink products include ready to drink (RTD) modern herbal medicine, tea series, Wedang Series, Jejamu by Mustika Ratu and Fitsho+. Its Beauty Queen Series offers a variety of cosmetics, such as complexion, eye makeup, face makeup, lip makeup and others. Its brands include Mustika Puteri, Bask, Anargya, and others.

24681012ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: MRAT

Main
Market Cap.
IDR 161.78Billion

~$10.20M USD

Industry
Personal Care Products
Sub-Industry
Personal Care Products
Sector
Consumer Non-Cyclicals

Valuation

MRAT Valuation Metrics

378

IDR

Closing Price on 2024-04-05

Price to Equity

1.89

P/E

At 1.89x P/E TTM, MRAT.JK is trading in line with its peers in the Nondurable Household Products sector.

Price to Book

0.39

P/B

At 0.39x P/B TTM, MRAT.JK is trading at a discount to its peers in the Nondurable Household Products sector.

Price to Sales

0.56

P/S

At 0.56x P/S TTM, MRAT.JK is trading in line with its peers in the Nondurable Household Products sector.

Valuing Mustika Ratu Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Nondurable Household Products sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Mustika Ratu Tbk relative to other stocks in the Nondurable Household Products sector

Price/Cash Flow
-2.72x
Price/Forward Earnings
-
Enterprise Value/Revenue
0.59x
Enterprise Value/EBITDA
2.04x
PEG Ratio
0.02x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3782024-04-05
IDR 1,513.04

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MRAT is IDR1,513, which is 301% higher than MRAT's last closing price of IDR378 (as of 2024-04-05).

Valuation Recap of MRAT 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 1.89x is below the ID market average of 8.22x but is trading in a P/E range similar to its peers in the Nondurable Household Products sector (1.89x).
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 0.39x is similar to the peers average of 0.68x in the Nondurable Household Products sector. In fact, less than 25% of its peers trade at a lower P/B ratio than MRAT.
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 0.56x is similar to the peers average of 0.56x in the Nondurable Household Products sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of MRAT'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. MRAT's P/CF ratio of -2.72x 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. MRAT's EV/R ratio of 0.59x is considered extremely underpriced by the market The average EV/R ratio for the Nondurable Household Products sector is 0.63x. ●●●
Max 3
Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of MRAT is IDR 1,513.04, which is 301% higher than MRAT's last closing price of IDR 378.00.●●●
Max 3

Peers

MRAT 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
ICBPIndofood CBP Sukses Makmur Tbk126.53T118.89T 67.20T 8.34T 15.173.09
AMRTPT Sumber Alfaria Trijaya Tbk.119.59T33.01T 104.81T 3.29T 36.309.87
UNVRUnilever Indonesia Tbk102.24T18.92T 40.19T 4.94T 20.6919.00
HMSPHM Sampoerna Tbk99.45T55.76T 142.08T 9.79T 10.163.55
PANIPT Pantai Indah Kapuk Dua Tbk.86.73T16.92T 2.13T 0.38T 225.7838.08
CPINCharoen Pokphand Indonesia Tbk86.50T41.94T 60.56T 2.42T 35.772.98
INDFIndofood Sukses Makmur Tbk57.07T188.81T 113.90T 8.80T 6.490.98
MYORMayora Indah Tbk54.11T23.42T 31.33T 2.88T 18.763.90
CMRYPT Cisarua Mountain Dairy Tbk40.07T6.59T 7.36T 1.15T 34.897.07
VICIPT Victoria Care Indonesia Tbk4.36T1.18T 1.34T 0.19T 23.294.81
Competitiveness Recap of MRAT stock
WeightNotesScore
High
At a market cap of IDR 161.78 billion, MRAT.JK ranks 10 in Market Cap out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
High
At a PE of 1.89, MRAT.JK ranks 10 out of 10 companies in the Consumer Non-Cyclicals sector for P/E value. The average PE is 40.59 (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 Non-Cyclicals. In this regard, it trails behind sector leaders such as PT Pantai Indah Kapuk Dua Tbk. (225.78) in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a PE of 1.89, MRAT.JK is trading at a higher PE than that of its subsector peers in Nondurable Household Products (median of 1.89). false
Max 2
Medium
At a revenue of IDR 0.29 trillion, MRAT.JK ranks 10 in Revenue out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2
Medium
At a profit of IDR 0.09 trillion, MRAT.JK ranks 10 in Profit out of 10 companies in the Consumer Non-Cyclicals sector.
Max 2

Future

Future Growth of MRAT

Growth Forecasts

No data available

Sector Benchmark

Nondurable Household Products companies in Indonesia are growing at a projected rate of 3.35% against the IDX average of +12.0%.

Nondurable Household Products sector overview
No data is available for MRAT at the moment.
Future growth prospect of MRAT
WeightNotesScore
High
MRAT's projected growth rate of 3.35% is below the ID market average of 11.98%.●●●
Max 3
High
The Nondurable Household Products sub-sector is projected to grow revenue by 3.35% in 2024. This number is higher than the previous year 2023's growth rate of -0.75%. false
Max 3
Medium
The Nondurable Household Products sub-sector is projected to increase earnings by 9.53% in 2024. This number is higher than the previous year 2023's EPS growth of 2.77%. This bodes well for MRAT's earnings growth prospects in the next 2 years. ●●
Max 3
Medium
MRAT and its peers in the Nondurable Household Products sub-sector belongs to the Consumer Non-Cyclicals sector. Companies in the Consumer Non-Cyclicals sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 53.54% in 2024 while revenue growth is projected to increase by 13.24%. These macroeconomic trends will likely be a tailwind for MRAT's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Ir. Bingar Egidius Situmorang15.2 years
Jodi Andrea Suryokusumo, Bcom, Mcorpgov, Ca(Icaa)
Director
Kusuma Ida Anjani, Bcom, Mbus, Mappfin
Director
NamePositionShares%
Jodi Andrea Suryokusumo Bcom, Mcorpgov, Ca (Icaa)Director50,000< 0.01
Expressed in millions IDR, unless otherwise stated

Ownership

MRAT Ownership

Others
23.27%
Insiders
76.73%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Mustika Ratu Investama305,002,00071.26115.29B
Public (Scripless)96,833,80022.6336.60B
Faadhil Irshad Nasution23,353,3005.468.83B
Public (Scrip)2,760,9000.651.04B
Jodi Andrea Suryokusumo Bcom, Mcorpgov, Ca (Icaa)50,0000.010.02B
No data is available for MRAT at the moment.