` PIPA (PT Multi Makmur Lemindo Tbk) vs Jakarta Composite Index Comparison - Alpha Spread

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PIPA
vs
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Jakarta Composite Index

Over the past 12 months, PIPA has significantly outperformed Jakarta Composite Index, delivering a return of +1 650% compared to the Jakarta Composite Index's +26% growth.

Stocks Performance
PIPA vs Jakarta Composite Index

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PIPA
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Performance Gap
PIPA vs Jakarta Composite Index

Performance Gap Between PIPA and JKSE
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Performance By Year
PIPA vs Jakarta Composite Index

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Competitors Performance
PT Multi Makmur Lemindo Tbk vs Peers

Jakarta Composite Index
PIPA
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JCI
SGO
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PT Multi Makmur Lemindo Tbk
Glance View

Market Cap
959B IDR
Industry
Building

PT Multi Makmur Lemindo Tbk engages in production and distribution of plastic pipes and building materials. The company is headquartered in Tangerang, Banten and currently employs 38 full-time employees. The company went IPO on 2023-04-10. The firm is focused on production and distribution business activities for the manufacture of pipes with polymer vinyl chloride (PVC) base materials, along with their derivative products and other building material products. The firm operates through two segments: pipe and non-pipe. Its products include PVC pipe, HDPE pipe, Rubicon PVC fittings, PVC glue (pipe glue), cast buckets and other accessories, and PVC gutters. The firm handles several needs for building materials in several sectors and industries, such as property, manufacturing, agriculture, and large projects such as infrastructure, including the fulfilment of PVC pipes for the needs of the government's toll roads in Java and Sumatra. The company has production facilities for PVC pipes, PVC fittings, building material products, and PVC glue with an installed production capacity of approximately 300 tons located in Tangerang City.

PIPA Intrinsic Value
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