MEGA Relative Valuation - Bank Mega Tbk PT - Alpha Spread

Bank Mega Tbk PT
IDX:MEGA

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Bank Mega Tbk PT
IDX:MEGA
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Price: 5 000 IDR 0.2% Market Closed
Market Cap: 58.7T IDR
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Relative Value

The Relative Value of one MEGA stock under the Base Case scenario is 3 724.27 IDR. Compared to the current market price of 5 000 IDR, Bank Mega Tbk PT is Overvalued by 26%.

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.

MEGA Relative Value
Base Case
3 724.27 IDR
Overvaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
53
vs Industry
3
Median 3Y
7.8
Median 5Y
8.7
Industry
2.3
vs History
50
vs Industry
15
Median 3Y
16.7
Median 5Y
21.4
Industry
10.1
vs History
87
vs Industry
3
Median 3Y
3.1
Median 5Y
3.9
Industry
0.9
vs History
85
vs Industry
2
Median 3Y
0.6
Median 5Y
0.8
Industry
0.1

Multiples Across Competitors

MEGA Competitors Multiples
Bank Mega Tbk PT Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
ID
Bank Mega Tbk PT
IDX:MEGA
58.7T IDR 8.2 21.2 3
US
JPMorgan Chase & Co
NYSE:JPM
598.8B USD 3.5 11.5 1.8
ZA
Standard Bank Group Ltd
JSE:SBK
395.8B Zac 0 0 0
ZA
Absa Bank Ltd
JSE:ABSP
369.4B Zac 0 0 0
ZA
Capitec Bank Holdings Ltd
JSE:CPI
347.6B Zac 0 0 0
US
Bank of America Corp
NYSE:BAC
315.4B USD 3.2 13.8 1.1
CN
Industrial and Commercial Bank of China Ltd
SSE:601398
2T CNY 2.4 5.8 0.5
CN
Agricultural Bank of China Ltd
SSE:601288
1.6T CNY 2.2 6.2 0.5
CN
Bank of China Ltd
SSE:601988
1.4T CNY 2.1 6.3 0.5
US
Wells Fargo & Co
NYSE:WFC
188.7B USD 2.3 10.7 1.1
CA
Royal Bank of Canada
NYSE:RY
173.6B USD 4.3 14.9 1.9

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