GoTo Gojek Tokopedia PT Tbk
IDX:GOTO

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GoTo Gojek Tokopedia PT Tbk
IDX:GOTO
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Price: 84 IDR 5% Market Closed
Market Cap: 100.1T IDR

Relative Value

The Relative Value of one GOTO stock under the Base Case scenario is 22.53 IDR. Compared to the current market price of 84 IDR, GoTo Gojek Tokopedia PT Tbk is Overvalued by 73%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GOTO Relative Value
Base Case
22.53 IDR
Overvaluation 73%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
5
Median 3Y
9.1
Median 5Y
9.1
Industry
0.5
Forward
6.4
vs History
vs Industry
Median 3Y
-3.5
Median 5Y
-3.5
Industry
16.3
Forward
-21.3
vs History
vs Industry
Median 3Y
-18.7
Median 5Y
-18.7
Industry
8
vs History
vs Industry
Median 3Y
-16.2
Median 5Y
-16.2
Industry
16.1
vs History
7
vs Industry
27
Median 3Y
1.7
Median 5Y
1.7
Industry
1.6
vs History
65
vs Industry
6
Median 3Y
6.8
Median 5Y
6.8
Industry
0.7
Forward
5.4
vs History
60
vs Industry
11
Median 3Y
11.4
Median 5Y
11.4
Industry
2.2
vs History
vs Industry
Median 3Y
-9.1
Median 5Y
-9.1
Industry
8.2
Forward
-39.9
vs History
vs Industry
Median 3Y
-9.1
Median 5Y
-9.1
Industry
12.4
Forward
-28.3
vs History
vs Industry
Median 3Y
-13.7
Median 5Y
-13.7
Industry
9.3
vs History
vs Industry
Median 3Y
-7.1
Median 5Y
-7.1
Industry
12.9
vs History
2
vs Industry
10
Median 3Y
2.2
Median 5Y
2.2
Industry
1

Multiples Across Competitors

GOTO Competitors Multiples
GoTo Gojek Tokopedia PT Tbk Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
ID
GoTo Gojek Tokopedia PT Tbk
IDX:GOTO
100.1T IDR 6.3 -19.4 -37.1 -37.1
IE
PDD Holdings Inc
SWB:9PDA
47.2B EUR 1 3.5 0.6 0.6
IN
Vishal Mega Mart Ltd
NSE:VMM
483.9B INR 0 0 0 0
CY
Ozon Holdings PLC
MOEX:OZON
307.7B RUB 0.7 -4.6 -182.8 -10.7
ID
Global Digital Niaga Tbk PT
IDX:BELI
54.2T IDR 3.2 -21.4 -22.8 -22.8
ID
Daya Intiguna Yasa Tbk PT
IDX:MDIY
32.5T IDR 8.3 101 58.3 58.3
US
Savers Value Village Inc
NYSE:SVV
1.5B USD 1 51.5 10.2 15.5
SE
Rusta AB (publ)
STO:RUSTA
11.5B SEK 1 25.4 9 19.5
FI
Puuilo Oyj
OMXH:PUUILO
1B EUR 2.7 21.6 13.5 17.4
ID
Bukalapak.com Tbk PT
IDX:BUKA
15.5T IDR 3.5 -10 2 2
FI
Tokmanni Group Oyj
OMXH:TOKMAN
803.1m EUR 0.5 16.6 6.6 15
P/E Multiple
Earnings Growth PEG
ID
GoTo Gojek Tokopedia PT Tbk
IDX:GOTO
Average P/E: 36.6
Negative Multiple: -19.4
N/A N/A
IE
P
PDD Holdings Inc
SWB:9PDA
3.5
16%
0.2
IN
V
Vishal Mega Mart Ltd
NSE:VMM
Not Available
26%
N/A
CY
Ozon Holdings PLC
MOEX:OZON
Negative Multiple: -4.6 N/A N/A
ID
G
Global Digital Niaga Tbk PT
IDX:BELI
Negative Multiple: -21.4 N/A N/A
ID
D
Daya Intiguna Yasa Tbk PT
IDX:MDIY
101
N/A N/A
US
S
Savers Value Village Inc
NYSE:SVV
51.5
54%
1
SE
R
Rusta AB (publ)
STO:RUSTA
25.4
24%
1.1
FI
P
Puuilo Oyj
OMXH:PUUILO
21.6
13%
1.7
ID
Bukalapak.com Tbk PT
IDX:BUKA
Negative Multiple: -10 N/A N/A
FI
T
Tokmanni Group Oyj
OMXH:TOKMAN
16.6
21%
0.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ID
GoTo Gojek Tokopedia PT Tbk
IDX:GOTO
Average EV/EBITDA: 14.3
Negative Multiple: -37.1
N/A N/A
IE
P
PDD Holdings Inc
SWB:9PDA
0.6
22%
0
IN
V
Vishal Mega Mart Ltd
NSE:VMM
Not Available
20%
N/A
CY
Ozon Holdings PLC
MOEX:OZON
Negative Multiple: -182.8 N/A N/A
ID
G
Global Digital Niaga Tbk PT
IDX:BELI
Negative Multiple: -22.8 N/A N/A
ID
D
Daya Intiguna Yasa Tbk PT
IDX:MDIY
58.3
N/A N/A
US
S
Savers Value Village Inc
NYSE:SVV
10.2
17%
0.6
SE
R
Rusta AB (publ)
STO:RUSTA
9
12%
0.7
FI
P
Puuilo Oyj
OMXH:PUUILO
13.5
12%
1.1
ID
Bukalapak.com Tbk PT
IDX:BUKA
2
N/A N/A
FI
T
Tokmanni Group Oyj
OMXH:TOKMAN
6.6
7%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ID
GoTo Gojek Tokopedia PT Tbk
IDX:GOTO
Average EV/EBIT: 18.3
Negative Multiple: -37.1
N/A N/A
IE
P
PDD Holdings Inc
SWB:9PDA
0.6
7%
0.1
IN
V
Vishal Mega Mart Ltd
NSE:VMM
Not Available
23%
N/A
CY
Ozon Holdings PLC
MOEX:OZON
Negative Multiple: -10.7 N/A N/A
ID
G
Global Digital Niaga Tbk PT
IDX:BELI
Negative Multiple: -22.8 N/A N/A
ID
D
Daya Intiguna Yasa Tbk PT
IDX:MDIY
58.3
N/A N/A
US
S
Savers Value Village Inc
NYSE:SVV
15.5
18%
0.9
SE
R
Rusta AB (publ)
STO:RUSTA
19.5
17%
1.1
FI
P
Puuilo Oyj
OMXH:PUUILO
17.4
12%
1.4
ID
Bukalapak.com Tbk PT
IDX:BUKA
2
N/A N/A
FI
T
Tokmanni Group Oyj
OMXH:TOKMAN
15
13%
1.2