PT Natura City Developments Tbk (CITY.JK) Stock Analysis & Winston Score
PT Natura City Developments Tbk is an Indonesian real estate developer that builds and sells residential properties, including housing clusters and planned township communities. Its main customers are middle-income homebuyers in Indonesia looking for affordable to mid-range housing. The company operates within Indonesia's property development sector, focusing on land acquisition, development, and sales of residential projects. The company makes money primarily by selling residential units and land plots, earning revenue when properties are transferred to buyers. It operates within Indonesia, where it is a smaller player in a fragmented and competitive real estate market. The gross margin of around 56% suggests strong pricing power on its land and property sales, though the low ROIC of 1.7% points to capital-intensive operations with modest returns. The key risk the company faces is Indonesia's interest rate environment, since higher mortgage rates can quickly reduce demand from homebuyers and slow property sales.
Winston Score: 59/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Good (15/30)
- Growth: Exceptional (19/20)
- Cash Flow: Weak (0/10)
- Stability: Exceptional (10/10)
- Valuation: Weak (2/10)
- Ownership: Good (10/15)
Key Facts
Price: 168.00 IDR
Market Cap: 908.1B IDR
Sector: Real Estate
Industry: Real Estate - Development
Exchange: Indonesia Stock Exchange

