bullish
Erajaya (ERAA): Growing Sustainable Smartphone Demand in Indonesia - On the Ground Findings
701 Views22 Jul 2019 08:16
SUMMARY
Erajaya Swasembada (ERAA IJ) has benefited from the 4G implementation in Indonesia that resulted in a demand surge for smartphones. In this report we will discuss the following:
- Investment Thesis and summary
- Description of industry and regulation
- Prepaid and postpaid
- Big and Small Cities
- Online Ecosystem
- Government response and enforcement
- Local content rule
- Company description
- Key Products
- Sales by top 3 brands
- Business process flow and Xiaomi
- Expansion to the smaller cities
- Key Cash Flow Driver
- Profitability
- Revenue by products and margin
- Affordability
- Interest expense
- Why is it undervalued?
- Historical valuation
- Local comparables
- Q1 2019 - temporary rather than structural
- Regional peers
- Conclusion
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Erajaya (ERAA): Help from IMEI Rule24 Oct 2019
- Erajaya (ERAA): Painful Q2 2019 and JUUL07 Aug 2019
- Erajaya (ERAA): Growing Sustainable Smartphone Demand in Indonesia - (Summary Note)30 Jul 2019
- Notes from the Silk Road: Vitasoy Int'l Holdings (0345.HK) - How Long Can the High Last? (Full Note)07 Jun 2019
- ERAA: Formidable Partnership with Xiaomi26 Sep 2018
x