Ratings PT Medco Energi Internasional Tbk

Equities

MEDC

ID1000053705

End-of-day quote INDONESIA S.E. Other stock markets 06:00:00 2024-05-07 pm EDT			5-day change	1st Jan Change
1,315 ^IDR	+1.15%		-2.59%	+13.85%

Apr. 02	PT Medco Energi Internasional Tbk Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	PT Medco Energi Internasional Tbk completed the acquisition of 20% stake in Block 60 producing and Block 48 exploration licenses in Oman from Oq Exploration And Production.	CI

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's high margin levels account for strong profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Sales forecast by analysts have been recently revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
PT MEDCO ENERGI INTERNASIONAL TBK	+13.85%	2.05B	-
CHEVRON CORPORATION	+9.94%	300B	A-
CONOCOPHILLIPS	+6.88%	144B	C
CNOOC LIMITED	+53.23%	125B	B+
CANADIAN NATURAL RESOURCES LIMITED	+22.79%	82.47B	B
EOG RESOURCES, INC.	+8.03%	74.61B	B-
PIONEER NATURAL RESOURCES COMPANY	+19.90%	63B	B-
OCCIDENTAL PETROLEUM CORPORATION	+7.94%	56.46B	C+
HESS CORPORATION	+10.39%	48.42B	A-
DIAMONDBACK ENERGY, INC.	+31.65%	36.24B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes