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Added to YB: 2025-12-09

Pitch date: 2025-12-06

JSMR.JK [bullish]

PT Jasa Marga (Persero) Tbk

-1.17%

current return

Author Info

No bio for this author

Company Info

PT Jasa Marga (Persero) Tbk develops, constructs, operates, manages, and maintains toll roads in Indonesia.

Market Cap

IDR 24.8T

Pitch Price

IDR 3.4K

Price Target

0.65 (-100%)

Dividend

1.08%

EV/EBITDA

9.31

P/E

6.26

EV/Sales

4.30

Sector

Transportation Infrastructure

Category

value

Show full summary:
Mary Mount Research 'ROCK TURNER' #3 - PT Jasa Marga (JSMR)

JSMR.JK: Indonesia's largest toll operator with 1,700km portfolio. Operating roads generate 66% EBITDA margins, 18% FCF yield vs 25T Rp market cap. Recent asset sales at 8x P/E, 2x book vs JSMR trading below book. Sum-of-parts: 45T Rp operating roads + 19T Rp developing = 65T Rp vs 25T Rp price.

Read full article (6 min)