Indonesian Potentially Undervalued Companies

Indonesia Kendaraan Terminal

Market Cap: Rp1.4t

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

Bank Pembangunan Daerah Jawa Barat dan Banten

Market Cap: Rp8.7t

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

MNC Sky Vision

Market Cap: Rp528.5b

Engages in the retransmission and marketing of satellite-based television programs in Indonesia.

Midi Utama Indonesia

Market Cap: Rp11.4t

Engages in the retail of consumer products in Indonesia.

Rig Tenders Indonesia

Market Cap: Rp408.1b

Provides marine logistics services for the oil and coal industry in Indonesia.

Nusa Raya Cipta

Market Cap: Rp739.6b

Provides construction services to commercial building and infrastructure in Indonesia.

Bintang Mitra Semestaraya

Market Cap: Rp347.8b

Trades in chemicals, liquid, gas, and solid fuels in Indonesia.

PP Presisi

Market Cap: Rp607.0b

Operates as an integrated heavy equipment-based construction company in Indonesia.

Ricky Putra Globalindo

Market Cap: Rp32.1b

Engages in the manufacturing and trading of underwear and fashion wear in Indonesia and internationally.

Pioneerindo Gourmet International

Market Cap: Rp149.0b

Operates a chain of restaurants in Indonesia.

PT. Gajah Tunggal

Market Cap: Rp3.7t

Produces and distributes tires for passenger cars, SUVs, commercial vehicles, off-the-road vehicles, industrial vehicles, and motorcycles under the GT Radial, Giti, Gajah Tunggal, IRC, and Zeneos brands.

Unggul Indah Cahaya

Market Cap: Rp2.7t

Engages in the manufacture and sale of alkylbenzene chemicals in Indonesia.

Kawasan Industri Jababeka

Market Cap: Rp3.7t

Engages in the real estate development activities in Indonesia and the Netherlands.

Astra Agro Lestari

Market Cap: Rp10.8t

Engages in the crude palm oil and related derivatives business in Indonesia.

Berlian Laju Tanker

Market Cap: Rp518.2b

Provides shipping services for liquid cargo transportation in Malaysia and Indonesia.

Adaro Andalan Indonesia

Market Cap: Rp50.8t

Engages in the thermal coal mining and trading activities.

Tempo Scan Pacific

Market Cap: Rp11.1t

Engages in the pharmaceuticals, personal care and cosmetics, and distribution services businesses in Indonesia and internationally.

Eratex Djaja

Market Cap: Rp110.6b

Manufactures and sells garments in Indonesia, the United States, the European Union, and Japan.

Astra Graphia

Market Cap: Rp1.1t

Engages in trading, industrial, consulting, office equipment and supplies contractor services, information technology, telecommunications, and investment businesses.

Ever Shine Tex

Market Cap: Rp74.6b

Engages in the manufacture and sale of yarns and fabric products in Indonesia and internationally.

Intanwijaya Internasional

Market Cap: Rp114.2b

Manufactures and sells formaldehyde and formaldehyde derivative products in Indonesia.

Asia Pacific Fibers

Market Cap: Rp51.2b

Engages in the chemical and synthetic fiber manufacturing, weaving, knitting, and other activities related to the textile industry.

PT. Polychem Indonesia

Market Cap: Rp396.7b

Engages in the chemical and polyester businesses in Indonesia, Asia, and Europe.

Lippo Karawaci

Market Cap: Rp5.8t

Provides property development services in Indonesia.

Mitrabahtera Segara Sejati

Market Cap: Rp1.8t

Provides sea transportation and transshipment services in Indonesia.

Summarecon Agung

Market Cap: Rp6.5t

Engages in the construction and development of real estate properties in Indonesia.

Intiland Development

Market Cap: Rp1.3t

Invests in, develops, manages, and sells real estate properties in Indonesia.

Raja Roti Cemerlang

Market Cap: Rp49.5b

A food processing company, produces and sells bread flour products in Indonesia.

Mitra Komunikasi Nusantara

Market Cap: Rp5.5b

Distributes, trades, and sells telecommunication products in Indonesia.

Enseval Putera Megatrading

Market Cap: Rp5.8t

Engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other products in Indonesia.

Djasa Ubersakti

Market Cap: Rp21.0b

Engages in the construction business in Indonesia.

Multi Bintang Indonesia

Market Cap: Rp12.7t

Engages in produces and markets alcoholic and non-alcoholic products in Indonesia and internationally.

Palma Serasih

Market Cap: Rp3.1t

Through its subsidiaries, engages in the palm oil plantation and processing business in Indonesia.

Megapolitan Developments

Market Cap: Rp355.1b

Operates as a property development company in Indonesia.

Matahari Department Store

Market Cap: Rp4.3t

Engages in the retail business in Indonesia.

Jakarta International Hotels & Development

Market Cap: Rp1.5t

Engages in the hotel and property businesses in Indonesia.