PT Sinar Mas Agro posted average annual growth

PT Sinar Mas Agro Resources & Technology Tbk (SMAR, 7,000), an CPO company owned by Sinar Mas Group, posted average annual growth (compound annual growth rate / CAGR) high sales. Throughout 2009-2012, the sales reached 31.3% CAGR. To suppress the export tax, the company is also focused on improving the processed products that have added value.

Capacity expansion in products processed from 1.38 million tons in 2011 to 2.58 million tons this year to be one of the company's strategy and targets. Currently, the stock is trading at SMAR price per earnings ratio (P / E) 9.3 x. The current price reflects the discount liquidation, because the number of shares outstanding is still small.

for Indonesia Market Summaries 24 June 2013