Valuation November 2016: Metrodata Electronics (MTDL.JK)

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:

mtdl-metrodata-update-1h16

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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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