Multi Hanna Kreasindo Valuation

Q: What is the Fair Price of MHKI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MHKI (IDR108) is trading above our estimate of [[fair value]] (IDR17.47)

Is MHKI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MHKI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MHKI (IDR108) is trading above our estimate of fair value (IDR17.47)

Significantly Below Fair Value: MHKI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MHKI?

Key metric: As MHKI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MHKI. This is calculated by dividing MHKI's market cap by their current earnings.
What is MHKI's PE Ratio?
PE Ratio	11.7x
Earnings	Rp27.71b
Market Cap	Rp324.00b

MHKI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.3x
Enterprise Value/EBITDA	4.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does MHKI's PE Ratio compare to its peers?

The above table shows the PE ratio for MHKI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	31.8x
HYGN Ecocare Indo Pasifik	21.2x	n/a	Rp378.8b
KING Hoffmen Cleanindo	40.6x	n/a	Rp429.0b
VAST Vastland Indonesia	2.2x	n/a	Rp223.1b
SOSS Shield On Service	63.3x	n/a	Rp603.6b
MHKI Multi Hanna Kreasindo	11.7x	n/a	Rp324.0b

Price-To-Earnings vs Peers: MHKI is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does MHKI's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

12 Companies	Price / Earnings	Estimated Growth	Market Cap

12 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MHKI is good value based on its Price-To-Earnings Ratio (11.7x) compared to the Asian Commercial Services industry average (16.7x).

Price to Earnings Ratio vs Fair Ratio

What is MHKI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MHKI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MHKI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.