Mitra Pinasthika Mustika Valuation

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

MPMX (IDR990) is trading below our estimate of [[fair value]] (IDR3177.01)

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

Valuation Score

5/6

Valuation Score 5/6

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 MPMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MPMX (IDR990) is trading below our estimate of fair value (IDR3177.01)

Significantly Below Fair Value: MPMX is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MPMX. This is calculated by dividing MPMX's market cap by their current earnings.
What is MPMX's PE Ratio?
PE Ratio	8x
Earnings	Rp542.75b
Market Cap	Rp4.33t

MPMX 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	0.1x
Enterprise Value/EBITDA	2.6x
PEG Ratio	0.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MPMX 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	12.5x
IMAS Indomobil Sukses Internasional	12.5x	n/a	Rp4.1t
PMJS Putra Mandiri Jembar	9.4x	n/a	Rp1.7t
CARS Industri dan Perdagangan Bintraco Dharma	6.7x	n/a	Rp1.2t
ASLC Autopedia Sukses Lestari	21.2x	n/a	Rp1.1t
MPMX Mitra Pinasthika Mustika	8x	10.1%	Rp4.3t

Price-To-Earnings vs Peers: MPMX is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (12.5x).

Price to Earnings Ratio vs Industry

How does MPMX's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MPMX is good value based on its Price-To-Earnings Ratio (8x) compared to the Asian Specialty Retail industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is MPMX'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.

MPMX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8x
Fair PE Ratio	8.1x

Price-To-Earnings vs Fair Ratio: MPMX is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (8.1x).

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.

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