Added to YB: 2026-10-02
Pitch date: 2026-09-27
CNMA.JK [bullish]
PT Nusantara Sejahtera Raya Tbk
-5.56%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
PT Nusantara Sejahtera Raya Tbk engages in cinema screening activities in Indonesia. It operates through Movie, Food and Beverages; and All Other segments.
Market Cap
IDR 7.2T
Pitch Price
IDR 90.00
Price Target
N/A
Dividend
13.95%
EV/EBITDA
4.45
P/E
12.06
EV/Sales
1.36
Sector
Entertainment
Category
turnaround
Hidden Champions of Indonesia - PT Nusantara Sejahtera Raya Tbk
CNMA.JK (quick overview): Cinema XXI is Indonesia’s largest cinema chain, with nearly 70% market share, 269 cinemas across 55 cities and meaningful high-margin food-and-beverage revenue. Its nationwide footprint differentiates it from more urban-focused rivals, while relationships with mall owners, studios, IMAX and Dolby may help explain its market share. The shares have struggled amid box-office weakness, while streaming, home entertainment and shorter theatrical windows remain key risks, although a strong 2026 for cinema and signs of lengthening windows are encouraging.
Read full article (1 min)