POWR : Reheating Indonesia’s Industry after Covid-19

09 Jan 2024 Valdy

POWR : Reheating Indonesia’s Industry after Covid-19

>Back to pra pandemic electricity level consumption.

>The data center saw the biggest increase in energy consumption.

>Green path to sustainable energy.

>Big spare of net capacity factor.

>Long-term debt maturity in 2026.

>POWR has a stable Dividend Payout Ratio (DOPR).

>We considered some recent conditions that probably affecting the company.

>Using Discounted Free Cash Flow with Required Return as 6.80% and 4.7x EV/EBITDA Multiple Exit as the terminal value. We consider that POWR has potential upside 38%, that we attach buy rating for POWR.

By PHINTRACO SEKURITAS | Research
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