Indonesian Potentially Undervalued Companies

Prima Globalindo Logistik

Market Cap: Rp77.9b

Provides freight forwarding, logistics, and land transportation services for export and import in Indonesia.

Central Omega Resources

Market Cap: Rp1.4t

Engages in the mineral mining business in Indonesia.

Widodo Makmur Perkasa

Market Cap: Rp353.0b

An investment holding company, operates in the consumer goods and agricultural commodities sector in Indonesia.

Erajaya Swasembada

Market Cap: Rp6.4t

Distributes and retails mobile telecommunication devices in Indonesia and internationally.

Perdana Gapuraprima

Market Cap: Rp346.4b

Engages in the development of real estate properties in Indonesia.

Galva Technologies

Market Cap: Rp477.0b

Supplies electronic products for corporate clients in Indonesia.

Selamat Sempurna

Market Cap: Rp9.8t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Goodyear Indonesia

Market Cap: Rp461.3b

Manufactures, imports, exports, and distributes tyres for automobiles, and airplanes and related components in Indonesia.

Atlas Resources

Market Cap: Rp741.1b

Acquires, explores, develops, produces, and sells coal in Indonesia and internationally.

Duta Pertiwi Nusantara

Market Cap: Rp68.9b

Engages in the glue, chemical goods, and mining businesses in Indonesia.

Bakrie Sumatera Plantations

Market Cap: Rp237.5b

Engages in the plantation, processing, and trading of agricultural and industrial products in Indonesia.

Bayu Buana

Market Cap: Rp413.3b

Operates as a travel agent in Indonesia and internationally.

Modernland Realty

Market Cap: Rp626.7b

Develops and sells real estate properties in Indonesia.

Anabatic Technologies

Market Cap: Rp1.1t

Provides mission critical digital, digital outsourcing, cloud and digital platform partner, and financial technology services in Indonesia.

Matahari Putra Prima

Market Cap: Rp661.3b

Operates a chain of retail stores in Indonesia.

SINAR TERANG MANDIRI

Market Cap: Rp1.9t

PT SINAR TERANG MANDIRI Tbk engaged in mining services, with capabilities that include mining planning, mining infrastructure construction, mining operations, mining production transportation.

Sinar Eka Selaras

Market Cap: Rp1.3t

Engages in the trading and retail of electronic equipment and clothing of various brands in Indonesia.

Kabelindo Murni

Market Cap: Rp318.1b

Manufactures and trades in telecommunication and electrical cables in Indonesia.

Bank Negara Indonesia (Persero)

Market Cap: Rp158.0t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Mastersystem Infotama

Market Cap: Rp4.4t

Provides information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.

Chitose Internasional

Market Cap: Rp152.0b

Manufactures and sells furniture products for hotels, restaurants, offices, schools, hospitals, and homes in Indonesia.

Astra Otoparts

Market Cap: Rp9.5t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, rest of Asia, the Middle East, the United States, Europe, and Africa.

Nusantara Sejahtera Raya

Market Cap: Rp10.3t

Engages in the movie screening, restaurants; other management consulting activities; and venue rental; and organizing MICE activities and special events in Indonesia.

PAM Mineral

Market Cap: Rp3.2t

Together with its subsidiary, PT Indrabakti Mustika, engages in mining and quarrying of mineral properties in Indonesia.

Sunindo Pratama

Market Cap: Rp1.9t

Engages in distributing products and providing services with focus in oil and gas industries in Indonesia and internationally.

Energi Mega Persada

Market Cap: Rp4.3t

An upstream oil and gas company, through its subsidiaries explores, develops, produces, and sells crude oil and natural gas in Indonesia and Mozambique.

Indonesia Kendaraan Terminal

Market Cap: Rp1.4t

Engages in the cargo loading-unloading and stacking yard business activities.

Aneka Tambang

Market Cap: Rp39.3t

Operates as a diversified mining and metals company in Indonesia and internationally.

Ciputra Development

Market Cap: Rp13.9t

Develops and sells real estate properties in Indonesia.

Mitra Pinasthika Mustika

Market Cap: Rp4.3t

Through its subsidiaries, engages in the distribution of two-wheel vehicle and spare parts under Honda brand primarily in Indonesia.

Dyandra Media International

Market Cap: Rp358.9b

Engages in the provision of integrated event solutions in Indonesia.

Bank Pembangunan Daerah Jawa Barat dan Banten

Market Cap: Rp8.7t

Provides banking products and services to individual and corporate customers in Indonesia.

Data Sinergitama Jaya

Market Cap: Rp359.6b

Provides IT infrastructure and managed services.

Cilacap Samudera Fishing Industry

Market Cap: Rp55.0b

An integrated fisheries company, engages in fishing, fish processing, fish trading, and cold chain logistics in Indonesia.

Sentral Mitra Informatika

Market Cap: Rp39.4b

Provides hardware, software, and IT services and solutions in Indonesia.

Paramita Bangun Sarana

Market Cap: Rp1.1t

Engages in the construction business in Indonesia and Malaysia.