PT Surya Citra Media Tbk

PT Surya Citra Media Tbk (SCMA IJ) - Undervalued in Digital

Equity Bottom-Up
178 Views, 18 Jan 2022 16:40
Angus has highlighted this Insight as a Top Pick
EXECUTIVE SUMMARY
  • PT Surya Citra Media Tbk (SCMA IJ) looks undervalued despite its increasing digital credentials through Vidio.com which continue to increase paying subscribers and MAUs
  • Advertising spend continues to see a strong recovery, even through PT Surya Citra Media Tbk (SCMA IJ) has lost some audience share to Media Nusantara Citra (MNCN IJ)
  • The company has a significant local content pipeline for 2022, especially for Vidio.com and valuations look attractive versus history plus there is now a market value for Vidio.com.
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Angus Mackintosh
ASEAN Insight Provider
CrossASEAN Research
IndonesiaEquity Bottom-UpThematic (Sector/Industry)

In Equity Sales and Research for more than 25 years covering Asian markets. Possesses in-depth knowledge of a wide range... 

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