Gudang Garam: A Sell On Unexciting Outlook And Demanding Valuations
Source: SeekingAlpha
2025-02-10 14:35:32 ET
Summary
- I maintain a Sell rating on Gudang Garam due to poor prospects driven by regulatory changes and economic conditions.
- Increased cigarette prices will likely reduce GDNGY's sales and profitability, as consumers may switch to cheaper alternatives.
- Gudang Garam's size is a disadvantage in Indonesia's tobacco market, facing higher taxes compared to smaller competitors like Wismilak Inti Makmur.
- GGNPF's stock trades at a huge premium to its peer, despite boasting limited growth and margin improvement.
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Gudang Garam: A Sell On Unexciting Outlook And Demanding Valuations
PT Perusahaan Rokok Tjap Gudang Garam TBK ADR
NASDAQ: GDNGY
GDNGY Trading
0.0% G/L:
$3.90 Last:
600 Volume:
$3.90 Open:
