Added to YB: 2025-03-18
Pitch date: 2025-03-16
INTP.JK [neutral]
PT Indocement Tunggal Prakarsa Tbk
+57.5%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
PT Indocement Tunggal Prakarsa Tbk manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.
Market Cap
IDR 22.0T
Pitch Price
IDR 4.4K
Price Target
N/A
Dividend
3.89%
EV/EBITDA
5.77
P/E
11.04
EV/Sales
1.16
Sector
Construction Materials
Category
value
Bottom-fishing in Indonesia - PT Indocement Tunggal Prakarsa Tbk
INTP.JK (overview): 2nd largest Indonesian cement co, 9.9x P/E, 2% yield. Net cash, US$42 EV/ton. 50-60% utilization, gov moratorium on new capacity. Buybacks reduced shares from 3.7B to 3.4B. Upside to 12% margins. Risks: excess capacity, new capital shift. Owned by Heidelberg Cement.
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