Bank Pembangunan Daerah Banten Tbk PT (BEKS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Bank Pembangunan Daerah Banten Tbk PT stock IDR 52, price IDR 26, upside +100.0%, quality 48 out of 100. Rating: strongly undervalued. Calculated from audited financials with 4 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range 19.00 IDR – 106.58 IDR · fair‑value band 39.00 IDR – 65.00 IDR · the 26.00 IDR price screens below the 52.00 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 4 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
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PT. Bank Pembangunan Daerah Banten, Tbk provides various banking services in Indonesia. The company offers demand, savings, and time deposits, as well as current accounts; investment credit, working capital credit, and bank guarantees; business development credit and pension credit; and MSME loans.
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PT. Bank Pembangunan Daerah Banten, Tbk was formerly known as PT Bank Pundi Indonesia, Tbk and changed its name to PT. Bank Pembangunan Daerah Banten, Tbk in August 2016. The company was founded in 1992 and is headquartered in Serang, Indonesia.
PT. Bank Pembangunan Daerah Banten, Tbk operates as a subsidiary of PT Banten Global Development.
Stock analysis
Bank Pembangunan Daerah Banten Tbk PT (BEKS) currently trades at 26.00 IDR, while our model-based Fair Value estimate is 52.00 IDR, implying the stock looks roughly 50% undervalued today.
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Valuation
How firm this estimate is: it rests on 4 models at a data quality of 96/100, which puts the data coverage at low.
Scenario range: 39.00 IDR (bear) to 65.00 IDR (bull), the price of 26.00 IDR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Bank Pembangunan Daerah Banten Tbk PT reported revenue of 654B IDR in FY2025 versus 337B IDR in FY2021, a compound +18.0%/yr. Reported net income was 52.5B IDR in FY2025.
Key figures
Market cap 1.3T IDR (≈ $74.9M) Micro · P/E ratio 20.0 · P/S ratio 3.27 · EPS (TTM) 1.30 IDR · Net margin 16.4% · Return on equity 2.9% · Return on assets (EBIT) −0.8% (5-year average) · Operating margin 26.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 37% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 100%, BEKS screens cheaper than that median.
Fair Value models
Bear39.00 IDRFair Value 52.00 IDRBull65.00 IDR
Price 26.00 IDR · Upside +100.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.11 IDR per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+21.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.0%
Start year 2020 (pandemic). Over 10 years: −5.0% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.6%
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What shareholders gained per year (last 3 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +3.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.8%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−67% → 9%
⚠ Revenue per share shrinking 20.0%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Rate on operating basis: 2025 sits 59% above its own trend.
Compare Bank Pembangunan Daerah Banten Tbk PT with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside+100.0% · Top 25%
Profitability
Return on equity (12 months)2.9% · Bottom 25%
Return on assets0.5% · Bottom 25%
Net margin (12 months)16.4% · Bottom 25%
Operating margin (12 months)26.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)72.5% · Top 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)20.0× · Priciest 25%
P/B0.71× · Cheapest 25%
P/S (12 months)3.27× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)100· sector 8
FUTURE (revenue growth)100· sector 47
PAST (return on equity)12· sector 43
HEALTH (low debt)–
DIVIDEND (yield)0· sector 53
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Bank Pembangunan Daerah Banten Tbk PT Fair Value". https://www.fairvalue-calculator.com/stock/BEKS
Frequently asked questions
Is Bank Pembangunan Daerah Banten Tbk PT (BEKS) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 52.00 IDR versus a price of 26.00 IDR, about +100% upside (undervalued).
What is the fair value of BEKS?
Our model-based fair value for Bank Pembangunan Daerah Banten Tbk PT is 52.00 IDR (as of Nov 9, 2026), built from audited fundamentals. The current price: 26.00 IDR.
What is the quality score of BEKS?
Bank Pembangunan Daerah Banten Tbk PT has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Our model-based price target is the fair value of 52.00 IDR (as of Nov 9, 2026) from 4 valuation models. Cautious scenario 39.00 IDR, optimistic scenario 65.00 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Bank Pembangunan Daerah Banten Tbk PT stock forecast for 2026?
Our models put fair value at 52.00 IDR, about +100% upside versus a price of 26.00 IDR (undervalued). Cautious scenario 39.00 IDR, optimistic scenario 65.00 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Bank Pembangunan Daerah Banten Tbk PT reported trailing-twelve-month revenue of about 412B IDR (latest available figure, as of Nov 9, 2026).
What is the intrinsic value of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bank Pembangunan Daerah Banten Tbk PT it is 52.00 IDR per share (as of Nov 9, 2026), against a price of 26.00 IDR. It is the blended result of 4 valuation models in 3 families (Multiples, Asset-Based, Economic Profit).
Is Bank Pembangunan Daerah Banten Tbk PT stock overvalued or undervalued in 2026?
As of Nov 9, 2026, BEKS trades below its calculated fair value: price 26.00 IDR, fair value 52.00 IDR, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BEKS?
No. The price is what the market pays today (26.00 IDR); the fair value is what the company's own numbers justify (52.00 IDR). For Bank Pembangunan Daerah Banten Tbk PT the two are 26.00 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Bank Pembangunan Daerah Banten Tbk PT worth?
The market values Bank Pembangunan Daerah Banten Tbk PT at about 1.3T IDR (market capitalisation, as of Nov 9, 2026). Per share that is 26.00 IDR; our models calculate a fair value of 52.00 IDR per share.
What do the bullish and bearish scenarios say about BEKS?
Our models span a range for Bank Pembangunan Daerah Banten Tbk PT: cautious scenario 39.00 IDR, base 52.00 IDR, optimistic 65.00 IDR per share (as of Nov 9, 2026, price 26.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BEKS?
Bank Pembangunan Daerah Banten Tbk PT trades at a price-to-earnings ratio of 20.0 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 52.00 IDR is built from several models across several years. Other multiples: P/B 0.7, P/S 3.3.
How solid is the balance sheet of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Balance-sheet figures for Bank Pembangunan Daerah Banten Tbk PT (as of Nov 9, 2026): return on equity 2.9%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is BEKS from its 52-week high?
Bank Pembangunan Daerah Banten Tbk PT trades at 26.00 IDR, about 32% below its 52-week high of 38.00 IDR and 37% above the low of 19.00 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 52.00 IDR is for.
Which stocks are comparable to Bank Pembangunan Daerah Banten Tbk PT?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Bank Pembangunan Daerah Banten Tbk PT stock attractive at the current price?
The data as of Nov 9, 2026: price 26.00 IDR, calculated fair value 52.00 IDR (+100%), Quality Score 48/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BEKS calculated?
We run Bank Pembangunan Daerah Banten Tbk PT through 4 models from 3 families: Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 52.00 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Bank Pembangunan Daerah Banten Tbk PT currently trades 50% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The closing price on Nov 6, 2026 was 26.00 IDR. Our model-based fair value is 52.00 IDR, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bank Pembangunan Daerah Banten Tbk PT right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (39.00 IDR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Bank Pembangunan Daerah Banten Tbk PT
How large is the market capitalisation of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The market capitalisation of Bank Pembangunan Daerah Banten Tbk PT is 1.3T IDR (≈ $74.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The price-to-sales ratio of Bank Pembangunan Daerah Banten Tbk PT is 3.27 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Earnings per share at Bank Pembangunan Daerah Banten Tbk PT are 1.30 IDR (price ÷ EPS = P/E 20.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The net margin of Bank Pembangunan Daerah Banten Tbk PT is 16.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The return on equity (ROE) of Bank Pembangunan Daerah Banten Tbk PT is 2.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
On an EBIT basis the return on assets of Bank Pembangunan Daerah Banten Tbk PT is −0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
The operating margin of Bank Pembangunan Daerah Banten Tbk PT is 26.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Revenue at Bank Pembangunan Daerah Banten Tbk PT is growing +72.5% versus a year earlier (3y avg +5.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Bank Pembangunan Daerah Banten Tbk PT (BEKS)?
Earnings per share at Bank Pembangunan Daerah Banten Tbk PT are growing +555% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bank Pembangunan Daerah Banten Tbk PT (BEKS) generate?
The free cash flow of Bank Pembangunan Daerah Banten Tbk PT is −281B IDR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Bank Pembangunan Daerah Banten Tbk PT (BEKS) hold?
Bank Pembangunan Daerah Banten Tbk PT holds more cash than debt, 458B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 9, 2026