Daily BriefsIndonesia

Daily Brief Indonesia: PT Metrodata Electronics and more

In today’s briefing:

  • PT Metrodata Electronics (MTDL IJ) – Digitising Private and Public Indonesia


PT Metrodata Electronics (MTDL IJ) – Digitising Private and Public Indonesia

By Angus Mackintosh

  • PT Metrodata Electronics is Indonesia’s leading ICT distributor and one of the largest IT solutions & consulting companies, making it a play on growing digitalisation in the country.
  • The company has seen strong demand from several sectors for its solutions & consulting business, most notably from banks for digital transformations, oil & gas, and telecoms 
  • PT Metrodata Electronics is also seeing a strong rebound in its ICT distribution business, with its higher-margin solutions outperforming boosted by public sector growth. Valuations compelling on 8.7x FY2024E PER.

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