Is NIRO.JK overvalued or undervalued?

NIRO.JK currently has a P/E ratio of -16.85. Relative to the sector average of 9.00, this suggests the stock may be undervalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy PT City Retail Developments Tbk stock?

PT City Retail Developments Tbk trades on JKT. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of NIRO.JK?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying NIRO.JK protect my money against local inflation?

Many investors in Latin America buy international stocks like NIRO.JK to protect their purchasing power. Because NIRO.JK is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy NIRO.JK shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is NIRO.JK a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well NIRO.JK diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocksNIRO.JK

PT City Retail Developments Tbk

Rp 171.00+Rp 4.00+2.40%

JKT / IDR

Market cap

Rp 3.80T

P/E

-16.8

EPS (TTM)

Rp -0.00

Dividend yield

0.00%

Beta

0.37

1Y return

+36.80%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$51M2021

$58M2022

$74M2023

$81M2024

$91M2025

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity4.84High
Current ratio0.70
Cash ratio0.37
Net margin-14.0%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

NIRO.JK-16.8
Real Estate sector median9.0
S&P 50022.0

Trades about 287% below its sector, cheaper than its peers on earnings.

Ratios

PEG1.53
Price to book2.36
EPS (TTM)Rp -0.00
Payout ratio0%
FCF yield-0.55%

Range & risk

Rp 119.00Rp 384.00

Trading in the lower third of its 52-week band

Beta0.37

Profile

What PT City Retail Developments Tbk actually does

PT City Retail Developments Tbk, through its subsidiaries, owns, develops, and operates shopping malls in Indonesia. It operates through Shopping Mall, Hotel, Shophouse, and Others segments. The company also engages in the building construction; rental; shopping mall and hotel management activities, as well as investment business. Its real estate portfolio includes land kavling, condotel, and shop house buildings. PT City Retail Developments Tbk was formerly known as PT Nirvana Development Tbk and changed its name to PT City Retail Developments Tbk in May 2018. The company was incorporated in 2003 and is based in Jakarta Selatan, Indonesia. PT City Retail Developments Tbk is a subsidiary of PT Mega Inti Perdana Utama.

CEO

Iwan Sanyoto

Employees

155

Headquarters

Jakarta, JK

Founded

2012-09-13

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

NIRO.JK has a beta of 0.37, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

PT City Retail Developments Tbk