Report
EUR 14.37 For Business Accounts Only

Thanks to a better fundamental star rating, PP (PERSERO) sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to PP (PERSERO) (ID), active in the Heavy Construction industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date March 15, 2022, the closing price was IDR 1,015.00 and its expected value was estimated at IDR 984.13.
Underlying
Pembangunan Perumahan Persero

PT Pembangunan Perumahan (Persero) Tbk is an Indonesia-based company engaged in provision of building and civil construction services. The Company is focusing on its four business lines: construction, which include buildings and infrastructure; engineering procurement and construction (EPC); property and realty, and investment. The Company is engaged in construction of buildings, power plants, bridges, roads and ports. In property and realty segment, the Company constructs office buildings, apartments, to shopping malls. In EPC, the Company provides EPC services related to power plant projects to the state owned companies or companies engaged in energy sector. In investment, the Company conducts investment in infrastructure and power plant projects.

Provider
TheScreener
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