Valuation November 2016: Astra Agro Lestari (AALI.JK)

CPO price has been trending up in the last few months, and the demand is expected to grow strong in the next year. This valuation of AALI is an update from the previous quarter valuation, changes include the rising 10-year Indonesian government bond, and the update from 3Q16 report. The stock price has jumped 7% this week, but my valuation shows there is still 7.9% upside from Friday’s closing.

Download the excel file containing the full valuation:

aali-astra-agro-lestari-update-1h16

screen-shot-2016-11-26-at-9-23-32-amscreen-shot-2016-11-26-at-9-24-41-am

Published by Journeyman

A global macro analyst with over four years experience in the financial market, the author began his career as an equity analyst before transitioning to macro research focusing on Emerging Markets at a well-known independent research firm. He read voraciously, spending most of his free time following The Economist magazine and reading topics on finance and self-improvement. When off duty, he works part-time for Getty Images, taking pictures from all over the globe. To date, he has over 1200 pictures over 35 countries being sold through the company.

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