Added to YB: 2023-11-13
Pitch date: 2023-11-13
PIFMY [bullish]
PT Indofood Sukses Makmur Tbk
+13.65%
current return
Author Info
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Company Info
PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally.
Market Cap
IDR 63.9T
Pitch Price
IDR 6.0K
Price Target
N/A
Dividend
3.67%
EV/EBITDA
5.55
P/E
6.50
EV/Sales
1.15
Sector
Food Products
Category
value
Show full summary:
Indofood: The Noodle Narrative
PIFMY/FPAFY: Instant noodle giant Indomie & parent co. Cheap at 6x/3x P/E for defensive biz w/ growth. Risks: complex structure, poor governance, $8B debt. But strong brand, pricing power, deleveraging potential. Modest pos., 8% PIFMY 3% FPAFY.
Read full article (8 min)