EN DE
Watch First Media Tbk for free: we tell you when fair value or trend changes.
Data-driven stock valuation

First Media Tbk (KBLV) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of First Media Tbk stock IDR 69, price IDR 88, that is 21.4% below the price, quality 42 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Communication Services ID · ISIN ID1000051709

FM First Media Tbk logo Thin data Nov 10, 2026

First Media Tbk

KBLV · JK
Expensive, weak quality

Our calculation puts a fair price 21% below what the stock costs today.

Low debt
Quality 42/100
Mixed Growth (revenue 5y −33.9 %/yr in IDR)
Revenue last quarter 56% below a year ago.
Fair value 69.16 IDR · Overvalued
Loss-making · -61.5% net margin (FY2025)
Negative free cash flow
Trails peers (1/7)
Narrow moat 18/100 · thin data
Thin data
Estimate
Watch First Media Tbk for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

1,340 IDR 29.00 IDR Fair Value 69.16 IDR Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range 29.00 IDR – 1,340 IDR · fair‑value band 51.87 IDR – 86.45 IDR · the 88.00 IDR price screens above the 69.16 IDR fair value. As of Nov 10, 2026.

Follow First Media Tbk in your weekly email

Every Wednesday you see whether First Media Tbk is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

PT First Media Tbk, together with its subsidiaries, provides telecommunications and multimedia services in Indonesia. It operates in two segments, Media Business and Content Creation Business.

Show moreShow less

The company offers subscription television, broadband internet, and data communication services through digital telecommunications networks. It also engages in film and video recording, newspaper publishing, e-commerce services, and trading activities.

The company was formerly known as PT Broadband Multimedia Tbk and changed its name to PT First Media Tbk in May 2007. PT First Media Tbk was founded in 1994 and is based in Jakarta, Indonesia.

Stock analysis

First Media Tbk (KBLV) currently trades at 88.00 IDR, while our estimate is 69.16 IDR, 21% below the price, so the stock looks overvalued today.

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: 51.87 IDR (bear) to 86.45 IDR (bull), the price of 88.00 IDR sits above 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 42/100 (below-average quality), in the Communication Services sector.

Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.

First Media Tbk reported revenue of 1.7B IDR in FY2025 versus 152B IDR in FY2021, a compound −67.5%/yr. Reported net income was −1.0B IDR in FY2025.

Key figures

Market cap 153B IDR (≈ $8.5M) Micro · EPS (TTM) −3.00 IDR · Net margin −61.5% · Return on equity −1.2% · Return on assets (EBIT) −11.4% (5-year average) · Operating margin 3,382% · Revenue (TTM) 1.1B IDR · Revenue growth (YoY) −55.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 18 out of 100 (low confidence).

What moves the price

The share trades about 64% below its 52-week high and 54% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Communication Services peers we cover trades at −15% fair-value upside, at −21%, KBLV screens richer than that median.

Fair Value

Bear 51.87 IDR Fair Value 69.16 IDR Bull 86.45 IDR
Price 88.00 IDR · Downside -21.4%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 42/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 7
How much profit the company makes from its sales and capital
Quality Growth 33
Are margins and returns getting better?
Cashflow 50
Do the profits arrive as real cash?
Financial strength 54
Debt, balance sheet and risk of trouble
Investment 33
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Price momentum 7
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 8
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
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.
−15.6%
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.
−33.9%
Revenue growth 17 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.
−7.0%
Profit margin (trend) ⓘ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.
−53.3% (2020) → −1,198.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

KBLV screens overvalued: fair value 21% below the price. Compare with Netflix, Inc →

Compare First Media Tbk with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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.Entertainment · 251 stocks

Beats the industry median on 0/5 measures
Overall it trails its industry peers.
Valuation
Quality Score 42 · Below median
Fair Value upside −21.4% · Below median
Profitability
Return on assets 0.0% · Below median
Net margin (12 months) −61.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −55.5% · Bottom 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)5 · sector 29
FUTURE (revenue growth)0 · sector 22
PAST (return on equity)0 · sector 4
HEALTH (low debt)100 · sector 96
DIVIDEND (yield)0 · sector 46

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Netflix, Inc NFLX $63.26 $70.35 +11% vs KBLV
Universal Music Group UMG €17.05 €18.88 +11% vs KBLV
Fox Corporation FOX $60.25 $65.92 +9% vs KBLV
Formula One Group FWONK $108.94 $112.18 +3% vs KBLV
The Walt Disney Company DIS $119.21 $101.07 −15% vs KBLV
News Corporation NWS $29.81 $17.05 −43% vs KBLV
Liberty Live Holdings LLYVK $107.40 $38.31 −64% vs KBLV
TKO Group TKO $199.22 $69.66 −65% vs KBLV
Warner Music Group WMG $31.84 $10.61 −67% vs KBLV
Live Nation Entertainment, Inc LYV $178.25 $47.75 −73% vs KBLV

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

First Media Tbk: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "First Media Tbk Fair Value". https://www.fairvalue-calculator.com/stock/KBLV

Frequently asked questions

Is First Media Tbk (KBLV) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is 69.16 IDR versus a price of 88.00 IDR, about 21% lower (overvalued).
What is the fair value of KBLV?
Our estimate for First Media Tbk is 69.16 IDR (as of Nov 10, 2026), built from audited fundamentals. The current price: 88.00 IDR.
What is the quality score of KBLV?
First Media Tbk has a Quality Score of 42/100. 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 First Media Tbk (KBLV)?
Our calculated price target is the estimate of 69.16 IDR (as of Nov 10, 2026). Cautious scenario 51.87 IDR, optimistic scenario 86.45 IDR. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the First Media Tbk stock forecast for 2026?
Our estimate puts fair value at 69.16 IDR, about 21% lower versus a price of 88.00 IDR (overvalued). Cautious scenario 51.87 IDR, optimistic scenario 86.45 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of First Media Tbk (KBLV)?
First Media Tbk reported trailing-twelve-month revenue of about 1.1B IDR (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of First Media Tbk (KBLV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First Media Tbk it is 69.16 IDR per share (as of Nov 10, 2026), against a price of 88.00 IDR.
Is First Media Tbk stock overvalued or undervalued in 2026?
As of Nov 10, 2026, KBLV trades above its calculated fair value: price 88.00 IDR, fair value 69.16 IDR, a gap of about −21% (overvalued). 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 KBLV?
No. The price is what the market pays today (88.00 IDR); the fair value is what the company's own numbers justify (69.16 IDR). For First Media Tbk the two are 18.84 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is First Media Tbk worth?
The market values First Media Tbk at about 153B IDR (market capitalisation, as of Nov 10, 2026). Per share that is 88.00 IDR; our models calculate a fair value of 69.16 IDR per share.
What do the bullish and bearish scenarios say about KBLV?
Our models span a range for First Media Tbk: cautious scenario 51.87 IDR, base 69.16 IDR, optimistic 86.45 IDR per share (as of Nov 10, 2026, price 88.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of First Media Tbk (KBLV)?
Balance-sheet figures for First Media Tbk (as of Nov 10, 2026): return on equity −1.2%. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is KBLV from its 52-week high?
First Media Tbk trades at 88.00 IDR, about 64% below its 52-week high of 246.00 IDR and 54% above the low of 57.00 IDR (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of 69.16 IDR is for.
Which stocks are comparable to First Media Tbk?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Live Nation Entertainment, Inc, TKO 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 First Media Tbk stock attractive at the current price?
The data as of Nov 10, 2026: price 88.00 IDR, calculated fair value 69.16 IDR (−21%), Quality Score 42/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. First Media Tbk itself currently trades above fair value. 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 First Media Tbk (KBLV)?
The closing price on Nov 10, 2026 was 88.00 IDR. Our estimate is 69.16 IDR, about 21% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with First Media Tbk right now?
Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of First Media Tbk

How large is the market capitalisation of First Media Tbk (KBLV)?
The market capitalisation of First Media Tbk is 153B IDR (≈ $8.5M). 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 are the earnings per share of First Media Tbk (KBLV)?
Earnings per share at First Media Tbk are −3.00 IDR. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of First Media Tbk (KBLV)?
The net margin of First Media Tbk is −61.5% (fiscal year 2025). 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 First Media Tbk (KBLV)?
The return on equity (ROE) of First Media Tbk is −1.2% (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 First Media Tbk (KBLV)?
On an EBIT basis the return on assets of First Media Tbk is −11.4% (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 First Media Tbk (KBLV)?
The operating margin of First Media Tbk is 3,382% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at First Media Tbk (KBLV)?
Revenue at First Media Tbk is growing −55.5% versus a year earlier (3y avg −15.6%). 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 First Media Tbk (KBLV)?
Earnings per share at First Media Tbk are growing −89.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does First Media Tbk (KBLV) generate?
The free cash flow of First Media Tbk is −23.8B 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 First Media Tbk (KBLV) hold?
First Media Tbk holds more cash than debt, 255B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch First Media Tbk in the live analysis

One click puts First Media Tbk on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.