Valuation November 2016: Mitra Adiperkasa (MAPI.JK)

3Q16 report shows MAPI performance to be getting better after major restructuring of its business. In this valuation the target price has been decreased to Rp 6675/share from previously Rp 7225/share due to the rising cost of capital. Even then, there is still a considerable upside potential of 39% from the last Friday closing price.

Download the excel file containing the full valuation:



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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