Added to YB: 2026-02-16
Pitch date: 2025-12-04
SRTG.JK [bullish]
PT Saratoga Investama Sedaya Tbk
+15.36%
current return
Author Info
No bio for this author
Company Info
PT Saratoga Investama Sedaya Tbk is a private equity firm specializing in growth stage and special situations investments.
Market Cap
IDR 23.4T
Pitch Price
IDR 1.6K
Price Target
4.0K (+117%)
Dividend
0.85%
EV/EBITDA
5.44
P/E
-5.38
EV/Sales
5.71
Sector
Capital Markets
Category
value
PT Saratoga Investama Sedaya Tbk - $SRTG.JK
SRTG.JK: Indonesian investment holdco at 61% discount to NAV (75% true discount), 78% of NAV in 4 public commodity plays (thermal/met coal, copper, gold, nickel, battery materials) + tower infra. Big-4 trades 3.5-10x EBIT vs intrinsic 35-60% upside. NIL tax structure enables $120M annual dividend inflows (9-10% yield) for redeployment at 20%+ IRRs by proven Soeryadjaya family (clean track record, 36% CAGR on unlisted). Indonesia 17th→4th largest economy by 2045. Downside limited; NAV compounds healthily; Holdco discount historically shrinks to 20-25%.
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