Metrodata Electronics is a stock that I have observed for over 3 years now. It’s valuation is cheap and provides a considerable upside potential from the current price. The business itself doesn’t grow very fast, but is stable. From my valuation incorporating higher risk-free rate (due to the rising government bond yield), results in target price of Rp 1680/share. With last Friday closing price at Rp 660/share, there is 155% upside potential.
Download the excel file containing the full valuation: