` OBMD (Obm Drilchem Tbk PT) vs Jakarta Composite Index Comparison - Alpha Spread

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OBMD
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Jakarta Composite Index

Over the past 12 months, OBMD has outperformed Jakarta Composite Index, delivering a return of +38% compared to the Jakarta Composite Index's +20% growth.

Stocks Performance
OBMD vs Jakarta Composite Index

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OBMD
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Performance Gap
OBMD vs Jakarta Composite Index

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OBMD
Jakarta Composite Index
Difference
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Performance By Year
OBMD vs Jakarta Composite Index

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Competitors Performance
Obm Drilchem Tbk PT vs Peers

Jakarta Composite Index
OBMD
SHW
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Obm Drilchem Tbk PT
Glance View

Market Cap
222.5B IDR
Industry
Chemicals

PT OBM Drilchem is engaged in the manufacturing and distribution of additives for the drilling industry. The company is headquartered in Jakarta, Dki Jakarta. The company went IPO on 2021-12-08. The firm develops products, which are specifically designed to improve the efficiency of the drilling process. The Company’s products include FRACSEAL, DRIL-EZY, STOPLOSS and SOLUSEAL. FRACSEAL is finely sized organic cellulose fibers, which are used in minimizing fluid invasion, stabilizing unconsolidated sand formations, reducing torque and drag in deviated wells, stabilizing shale, stabilizing coal beds and improving return permeability. DRIL-EZY is an acid soluble drilling fluid additive designed for protecting producing formations in drilling operations. STOPLOSS is a special blend of Loss Circulation Material (LCM), which is used to treat severe fluid loss to total loss (>60 bph) with lower concentrations. SOLUSEAL is a special blend of reactive loss circulation material (LCM) which is effective for treating severe fluid loss.

OBMD Intrinsic Value
433.89 IDR
Undervaluation 36%
Intrinsic Value
Price
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