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PT Bumi Serpong Damai Tbk (BSPDY)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

PT Bumi Serpong Damai Tbk (BSPDY) with AI Score 48/100 (Weak). PT Bumi Serpong Damai Tbk (BSPDY) is an Indonesian real estate developer focused on integrated residential and commercial projects. Market cap: 0, Sector: Real estate.

Last analyzed: Mar 16, 2026
PT Bumi Serpong Damai Tbk (BSPDY) is an Indonesian real estate developer focused on integrated residential and commercial projects. The company's flagship development, BSD City, exemplifies its commitment to creating sustainable urban environments with comprehensive amenities.
48/100 AI Score

PT Bumi Serpong Damai Tbk (BSPDY) Real Estate Portfolio & Strategy

CEOFranciscus Xaverius Ridwan Darmali
Employees4244
HeadquartersTangerang, ID
IPO Year2020

PT Bumi Serpong Damai Tbk (BSPDY) is an Indonesian real estate developer specializing in large-scale, integrated residential and commercial developments, including its flagship BSD City. With a focus on creating self-contained urban environments, the company operates across real estate, property management, hospitality, and infrastructure sectors, primarily within Indonesia.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

Investment Thesis

PT Bumi Serpong Damai Tbk presents an interesting case for investors seeking exposure to the Indonesian real estate market. The company's established presence and focus on large-scale, integrated developments like BSD City provide a stable foundation. With a P/E ratio of 6.00 and a profit margin of 19.9%, BSPDY demonstrates profitability. Ongoing infrastructure development in Indonesia and increasing urbanization trends are potential catalysts for growth. However, investors may want to evaluate the risks associated with operating in a developing market, including regulatory uncertainties and currency fluctuations. Monitoring the company's ability to maintain its profit margins and effectively manage its debt will be crucial.

Based on FMP financials and quantitative analysis

Key Highlights

  • Market capitalization of $2.30 billion, reflecting its significant presence in the Indonesian real estate market.
  • P/E ratio of 6.00, suggesting a potentially undervalued stock compared to its earnings.
  • Profit margin of 19.9%, indicating strong profitability in its real estate operations.
  • Gross margin of 63.2%, showcasing efficient cost management in its development projects.
  • Beta of 0.11, suggesting low volatility compared to the overall market.

Competitors & Peers

Strengths

  • Strong brand recognition in the Indonesian real estate market.
  • Large-scale, integrated developments like BSD City.
  • Diversified revenue streams across real estate, property, hotel, and toll road segments.
  • Experienced management team.

Weaknesses

  • Concentration of operations in Indonesia, exposing it to country-specific risks.
  • Reliance on economic conditions and government policies in Indonesia.
  • Potential for delays and cost overruns in large-scale development projects.
  • Exposure to currency fluctuations.

Catalysts

  • Ongoing: Government infrastructure spending in Indonesia, improving connectivity and accessibility to BSPDY's developments.
  • Ongoing: Increasing urbanization and a growing middle class in Indonesia, driving demand for residential and commercial properties.
  • Upcoming: Potential new land acquisitions for future development projects (timeline unknown).
  • Ongoing: Continued expansion and development of BSD City, attracting new residents and businesses.

Risks

  • Potential: Economic downturn in Indonesia, reducing demand for real estate.
  • Potential: Changes in government regulations and policies affecting the real estate sector.
  • Ongoing: Currency fluctuations, impacting the value of BSPDY's earnings for U.S. investors.
  • Potential: Increased competition from other real estate developers.
  • Ongoing: Limited liquidity on the OTC market, making it difficult to trade BSPDY shares.

Growth Opportunities

  • Expansion of BSD City: PT Bumi Serpong Damai Tbk has the opportunity to further expand its flagship BSD City project. This involves developing new residential areas, commercial centers, and amenities within the existing framework. The expansion aligns with the increasing demand for integrated urban environments and allows the company to leverage its established brand and infrastructure. The market size for new developments within BSD City is estimated to be substantial, with a multi-year timeline for completion.
  • Development of New Integrated Projects: The company can replicate the success of BSD City by developing new integrated projects in other strategic locations across Indonesia. This involves acquiring land, planning infrastructure, and constructing residential and commercial properties. The demand for integrated developments is growing in Indonesia, driven by the desire for convenient and sustainable living environments. The timeline for developing new projects is typically several years, requiring significant upfront investment.
  • Increased Focus on Hospitality Sector: PT Bumi Serpong Damai Tbk can expand its presence in the hospitality sector by developing and managing more hotels and resorts. Indonesia's tourism industry is growing, driven by both domestic and international travelers. The company can capitalize on this trend by offering high-quality accommodations and services in key tourist destinations. The timeline for developing new hotels is typically 1-2 years, depending on the size and complexity of the project.
  • Investment in Infrastructure Projects: The company can further diversify its revenue streams by investing in infrastructure projects, such as toll roads and transportation systems. Indonesia is investing heavily in infrastructure development to improve connectivity and support economic growth. PT Bumi Serpong Damai Tbk can leverage its expertise in project management and construction to participate in these initiatives. The timeline for infrastructure projects is typically several years, requiring significant capital investment.
  • Adoption of Sustainable Development Practices: PT Bumi Serpong Damai Tbk can enhance its brand image and attract environmentally conscious customers by adopting sustainable development practices. This includes using green building materials, implementing energy-efficient technologies, and promoting waste reduction. The demand for sustainable properties is growing globally, and Indonesian consumers are becoming increasingly aware of environmental issues. The timeline for implementing sustainable practices is ongoing, requiring a long-term commitment from the company.

Opportunities

  • Expansion into new geographic markets within Indonesia.
  • Development of new integrated projects in response to growing demand.
  • Increased investment in infrastructure projects.
  • Adoption of sustainable development practices to attract environmentally conscious customers.

Threats

  • Increased competition from local and international developers.
  • Rising land costs and construction expenses.
  • Changes in government regulations and policies affecting the real estate sector.
  • Economic downturns and fluctuations in interest rates.

Competitive Advantages

  • Established brand reputation and track record in developing large-scale projects.
  • Strategic land bank in prime locations.
  • Integrated business model with diversified revenue streams.
  • Strong relationships with government agencies and local communities.

About BSPDY

PT Bumi Serpong Damai Tbk (BSPDY) was established in 1984 and has grown to become a prominent real estate developer in Indonesia. The company's core business revolves around the development and management of large-scale, integrated residential and commercial projects. Its most notable project is BSD City, a meticulously planned urban area designed to offer a comprehensive living experience. BSD City incorporates residential properties, commercial centers, amenities, infrastructure, environmental facilities, and parks, creating a self-contained and sustainable community. Beyond BSD City, PT Bumi Serpong Damai Tbk is involved in a diverse range of real estate activities, including the development of apartments, shopping centers, hotels, and office spaces. The company also participates in toll road concessions, further diversifying its revenue streams and contributing to infrastructure development in the region. With its headquarters in Tangerang, Indonesia, PT Bumi Serpong Damai Tbk continues to expand its portfolio and solidify its position as a leading real estate player in the Indonesian market.

What They Do

  • Develops large-scale, integrated residential and commercial projects.
  • Manages and operates BSD City, a planned urban area with residential, commercial, and recreational facilities.
  • Constructs and manages apartments and shopping centers.
  • Operates hotels and provides hospitality services.
  • Engages in toll road concessions.
  • Leases office space.

Business Model

  • Generates revenue from the sale of residential and commercial properties.
  • Earns income from leasing office space and retail units.
  • Receives revenue from hotel operations and hospitality services.
  • Collects toll fees from toll road concessions.

Industry Context

PT Bumi Serpong Damai Tbk operates within the Indonesian real estate market, which is characterized by increasing urbanization and infrastructure development. The demand for residential and commercial properties is driven by a growing middle class and a young population. Competition includes both local and international developers. BSPDY differentiates itself through its focus on large-scale, integrated developments that offer a comprehensive living experience. The company's ability to capitalize on government initiatives to improve infrastructure and promote economic growth will be crucial for its continued success.

Key Customers

  • Homebuyers seeking residential properties in integrated urban environments.
  • Businesses looking for commercial spaces for offices and retail outlets.
  • Tourists and business travelers seeking accommodation in hotels and resorts.
  • Commuters using toll roads.
AI Confidence: 70% Updated: Mar 16, 2026

Financials

Chart & Info

PT Bumi Serpong Damai Tbk (BSPDY) stock price: Price data unavailable

Latest News

No recent news available for BSPDY.

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BSPDY.

Price Targets

Wall Street price target analysis for BSPDY.

MoonshotScore

48/100

What does this score mean?

The MoonshotScore rates BSPDY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Franciscus Xaverius Ridwan Darmali

CEO

Franciscus Xaverius Ridwan Darmali serves as the CEO of PT Bumi Serpong Damai Tbk, leading a workforce of over 4,200 employees. Details regarding his specific career history, educational background, and previous roles are not available in the provided data. However, his current position indicates significant experience in the real estate industry and a proven ability to manage a large organization.

Track Record: Information on Franciscus Xaverius Ridwan Darmali's specific achievements, strategic decisions, and company milestones under his leadership is not available in the provided data. Further research would be needed to assess his track record and contributions to the company's success.

PT Bumi Serpong Damai Tbk ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. BSPDY, as an ADR, allows U.S. investors to invest in PT Bumi Serpong Damai Tbk without the complexities of cross-border transactions. Each BSPDY ADR represents a specific number of shares of BSPD traded on the Indonesian stock exchange.

  • Home Market Ticker: Indonesia Stock Exchange (IDX), Indonesia
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: BSPD
Currency Risk: Investing in BSPDY exposes U.S. investors to currency risk. The value of the Indonesian Rupiah (IDR) relative to the U.S. Dollar (USD) can fluctuate, impacting the dollar value of BSPDY's earnings and the ADR's price. Currency fluctuations can erode returns or increase losses for U.S. investors.
Tax Implications: Dividends paid on BSPDY ADRs are subject to foreign dividend withholding tax in Indonesia. The standard withholding tax rate may vary, but a tax treaty between the U.S. and Indonesia may reduce the rate for eligible U.S. investors. Investors should consult a tax advisor to determine their specific tax obligations.
Trading Hours: The Indonesia Stock Exchange (IDX) operates on a different time zone than U.S. stock exchanges. When the IDX is open, U.S. markets may be closed, and vice versa. This time difference can affect the ability of U.S. investors to react to news and events in the Indonesian market in real-time. Trading hours for BSPDY on the OTC market may also differ from those of U.S. exchanges.

BSPDY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited or no reporting requirements, making it difficult for investors to obtain reliable information. Trading on the OTC Other tier carries significant risks compared to trading on major exchanges like the NYSE or NASDAQ, which have stricter listing standards and reporting requirements.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for BSPDY on the OTC market is likely to be limited. This means that trading volume may be low, and the bid-ask spread may be wide. It can be difficult for investors to buy or sell large quantities of BSPDY shares without significantly affecting the price. Limited liquidity increases the risk of price volatility and makes it more challenging to exit a position.
OTC Risk Factors:
  • Limited information and transparency due to relaxed reporting requirements.
  • Potential for fraud and manipulation due to less regulatory oversight.
  • Low liquidity and wide bid-ask spreads.
  • Higher price volatility compared to stocks listed on major exchanges.
  • Difficulty in obtaining accurate and timely information about the company.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review the company's financial statements, if available.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
  • Check for any regulatory actions or legal proceedings involving the company.
Legitimacy Signals:
  • Established business operations and a track record of project development.
  • Significant market capitalization, suggesting a substantial company.
  • Presence in the Indonesian real estate market.
  • Availability of some financial information, even if limited.
  • Active trading volume, indicating investor interest.

BSPDY Real Estate Stock FAQ

What does PT Bumi Serpong Damai Tbk do?

PT Bumi Serpong Damai Tbk (BSPDY) is a leading Indonesian real estate developer focused on creating integrated residential and commercial environments. The company's primary project is BSD City, a large-scale planned community that includes residential properties, commercial centers, amenities, and infrastructure. BSPDY also develops apartments, shopping centers, hotels, and participates in toll road concessions, diversifying its revenue streams within the real estate and infrastructure sectors.

What do analysts say about BSPDY stock?

Analyst coverage of BSPDY may be limited due to its OTC listing and ADR status. Key valuation metrics include its P/E ratio of 6.00 and profit margin of 19.9%. Growth considerations center on Indonesia's economic growth, urbanization trends, and BSPDY's ability to execute its development plans. Investors should independently verify any available analyst reports and conduct their own due diligence.

What are the main risks for BSPDY?

The main risks for BSPDY include economic downturns in Indonesia, which could reduce demand for real estate. Changes in government regulations and policies affecting the real estate sector also pose a risk. Currency fluctuations can impact the value of BSPDY's earnings for U.S. investors. Additionally, increased competition from other real estate developers and limited liquidity on the OTC market are potential concerns.

What are the key factors to evaluate for BSPDY?

PT Bumi Serpong Damai Tbk (BSPDY) currently holds an AI score of 48/100, indicating low score. Key strength: Strong brand recognition in the Indonesian real estate market.. Primary risk to monitor: Potential: Economic downturn in Indonesia, reducing demand for real estate.. This is not financial advice.

How frequently does BSPDY data refresh on this page?

BSPDY prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven BSPDY's recent stock price performance?

Recent price movement in PT Bumi Serpong Damai Tbk (BSPDY) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong brand recognition in the Indonesian real estate market.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider BSPDY overvalued or undervalued right now?

Determining whether PT Bumi Serpong Damai Tbk (BSPDY) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying BSPDY?

Before investing in PT Bumi Serpong Damai Tbk (BSPDY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • Information is based on limited data sources.
  • OTC market investments carry significant risks.
  • AI analysis is pending and may provide further insights.
Data Sources

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