Pinago Utama Tbk Pt (PNGO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Pinago Utama Tbk Pt stock IDR 4,198, price IDR 3,260, upside +28.8%, quality 80 out of 100. Rating: undervalued. Calculated from audited financials with 25 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 8, 2026.
How to read this chart
60‑month range 974.02 IDR – 3,900 IDR · fair‑value band 3,076 IDR – 5,436 IDR · the 3,260 IDR price screens below the 4,198 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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PT PINAGO UTAMA Tbk is involved in the oil palm and rubber plantation business in Indonesia. It also engages in organic fertilizer and karet business. The company was founded in 1979 and is based in Jakarta Utara, Indonesia.
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As of May 4, 2026, PT PINAGO UTAMA Tbk operates as a subsidiary of AEP Plantations Plc.
Stock analysis
Pinago Utama Tbk Pt (PNGO) currently trades at 3,260 IDR, while our model-based Fair Value estimate is 4,198 IDR, implying the stock looks roughly 22% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 6,851 IDR per share, and 18 of the 25 models we run sit above the 3,260 IDR price.
Bear case: the Asset-Based group reads lowest at 1,001 IDR, and 7 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: 3,076 IDR (bear) to 5,436 IDR (bull), the price of 3,260 IDR sits inside 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 80/100 (high quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Pinago Utama Tbk Pt reported revenue of 2.3T IDR in FY2025 versus 2.1T IDR in FY2021, a compound +2.5%/yr. Reported net income was 322B IDR in FY2025, compounding +14.4%/yr from FY2021.
Key figures
Market cap 2.5T IDR (≈ $141M) Micro · P/E ratio 7.7 · P/S ratio 1.15 · EPS (TTM) 422.60 IDR · Dividend yield 5.4% · Net margin 14.9% · Return on equity 28.0% · Return on assets (EBIT) 20.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 84 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 10% fair-value upside, at 29%, PNGO screens cheaper than that median.
Fair Value models
Bear3,076 IDRFair Value 4,198 IDRBull5,436 IDR
Price 3,260 IDR · Upside +28.8%
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 (362.39 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.
Best data coverage
FCF DCF4,119 IDR5,181 IDR6,344 IDR82
Growth DCF4,164 IDR5,130 IDR6,148 IDR80
Owner Earnings1,046 IDR1,321 IDR1,622 IDR78
All 25 models by family
DCF Models
FCF DCF4,119 IDR5,181 IDR6,344 IDR82
Owner Earnings1,046 IDR1,321 IDR1,622 IDR78
5Y Revenue Exit3,455 IDR4,734 IDR6,256 IDR73
5Y EBITDA Exit4,864 IDR7,202 IDR9,764 IDR75
5Y P/E Exit4,890 IDR7,248 IDR9,551 IDR71
10Y Revenue Exit3,682 IDR4,732 IDR5,944 IDR68
10Y EBITDA Exit4,460 IDR6,088 IDR8,009 IDR69
10Y P/E Exit4,473 IDR6,114 IDR7,883 IDR65
Earnings-Based
Graham-Dodd2,799 IDR6,054 IDR7,699 IDR66
PEG = 1.0942.35 IDR1,346 IDR1,750 IDR57
EPV2,994 IDR3,331 IDR3,600 IDR74
Dividend Discount
Gordon GGM1,117 IDR1,511 IDR1,837 IDR69
DDM Multi-Stage1,117 IDR1,450 IDR1,744 IDR67
Multiples
P/E Multiple6,484 IDR8,645 IDR10,807 IDR63
P/S Multiple3,539 IDR4,718 IDR5,898 IDR58
P/B Multiple1,640 IDR2,186 IDR2,733 IDR55
EV/EBIT6,953 IDR9,390 IDR11,827 IDR66
EV/EBITDA6,068 IDR8,210 IDR10,352 IDR67
EV/Revenue2,740 IDR4,067 IDR5,394 IDR53
Asset-Based
NCAV (Graham)746.70 IDR1,001 IDR1,493 IDR54
Growth DCF
Growth DCF4,164 IDR5,130 IDR6,148 IDR80
Rev-Margin DCF3,455 IDR4,822 IDR6,284 IDR73
Economic Profit
Residual Income1,843 IDR2,241 IDR3,065 IDR76
ROIC Compounder3,063 IDR3,492 IDR3,890 IDR72
Growth Earnings
Growth-Adj P/E4,796 IDR6,851 IDR8,907 IDR67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+12.8%
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.
+4.2%
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.
+8.8%
Start year 2020 (pandemic)
Revenue growth 8 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.
+0.8%
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What shareholders gained per year (last 5 years), in IDR (mathematically smoothed) ⓘ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 5 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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+28.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.9%
Dividend (yield on the price)5.4%
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.10% → 19%
2025 sits 68% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−3.9%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about −6.4% a year for the price.
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.Farm Products · 291 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score80 · Top 25%
Fair Value upside+28.8% · Above median
Profitability
Return on equity (12 months)28.0% · Top 25%
Return on assets18.4% · Top 25%
Net margin (12 months)14.9% · Top 25%
Operating margin (12 months)28.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)11.7% · Above median
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity0.08× · Below median
Valuation Multiplesvs Farm Products median · lower = cheaper
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). "Pinago Utama Tbk Pt Fair Value". https://www.fairvalue-calculator.com/stock/PNGO
Frequently asked questions
Is Pinago Utama Tbk Pt (PNGO) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 4,198 IDR versus a price of 3,260 IDR, about +29% upside (undervalued).
What is the fair value of PNGO?
Our model-based fair value for Pinago Utama Tbk Pt is 4,198 IDR (as of Nov 8, 2026), built from audited fundamentals. The current price: 3,260 IDR.
What is the quality score of PNGO?
Pinago Utama Tbk Pt has a Quality Score of 80/100. 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 Pinago Utama Tbk Pt (PNGO)?
Our model-based price target is the fair value of 4,198 IDR (as of Nov 8, 2026) from 25 valuation models. Cautious scenario 3,076 IDR, optimistic scenario 5,436 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Pinago Utama Tbk Pt stock forecast for 2026?
Our models put fair value at 4,198 IDR, about +29% upside versus a price of 3,260 IDR (undervalued). Cautious scenario 3,076 IDR, optimistic scenario 5,436 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Pinago Utama Tbk Pt (PNGO)?
Pinago Utama Tbk Pt reported trailing-twelve-month revenue of about 2.2T IDR (latest available figure, as of Nov 8, 2026).
Does Pinago Utama Tbk Pt pay a dividend?
Pinago Utama Tbk Pt currently shows a dividend yield of 5.38% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Pinago Utama Tbk Pt (PNGO)?
Pinago Utama Tbk Pt has a dividend yield of 5.4%.
What growth is priced into Pinago Utama Tbk Pt (PNGO)?
For today's price to be fair in a discounted-cash-flow model, Pinago Utama Tbk Pt would have to grow free cash flow by -3.9 % per year for five years (discount rate 13.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.8 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of PNGO use?
Our models discount Pinago Utama Tbk Pt at 13.5 %: a base by market capitalisation (micro), damped by beta 0.12, country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Pinago Utama Tbk Pt that is -3.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.5 %) and the same formula as our fair value.
How much growth has Pinago Utama Tbk Pt (PNGO) delivered so far?
Over the past 5 years revenue at Pinago Utama Tbk Pt grew +8.8 % a year. The price currently implies free-cash-flow growth of -3.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Pinago Utama Tbk Pt (PNGO) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Pinago Utama Tbk Pt (-3.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pinago Utama Tbk Pt (PNGO)?
The free-cash-flow yield on the price is 16.71 %: that much free cash flow Pinago Utama Tbk Pt produces per unit of market value. When it exceeds the discount rate of our models (13.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pinago Utama Tbk Pt (PNGO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pinago Utama Tbk Pt it is 4,198 IDR per share (as of Nov 8, 2026), against a price of 3,260 IDR. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Pinago Utama Tbk Pt stock overvalued or undervalued in 2026?
As of Nov 8, 2026, PNGO trades below its calculated fair value: price 3,260 IDR, fair value 4,198 IDR, a gap of about +29% (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 PNGO?
No. The price is what the market pays today (3,260 IDR); the fair value is what the company's own numbers justify (4,198 IDR). For Pinago Utama Tbk Pt the two are 938.48 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Pinago Utama Tbk Pt worth?
The market values Pinago Utama Tbk Pt at about 2.5T IDR (market capitalisation, as of Nov 8, 2026). Per share that is 3,260 IDR; our models calculate a fair value of 4,198 IDR per share.
What do the bullish and bearish scenarios say about PNGO?
Our models span a range for Pinago Utama Tbk Pt: cautious scenario 3,076 IDR, base 4,198 IDR, optimistic 5,436 IDR per share (as of Nov 8, 2026, price 3,260 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PNGO?
Pinago Utama Tbk Pt trades at a price-to-earnings ratio of 7.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 4,198 IDR is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 6.4. Other multiples: P/B 2.2, P/S 1.2, EV/EBITDA 5.1.
How solid is the balance sheet of Pinago Utama Tbk Pt (PNGO)?
Balance-sheet figures for Pinago Utama Tbk Pt (as of Nov 8, 2026): return on equity 28.0%, debt of 0.08 per unit of equity. They feed the Quality Score of 80/100, which measures business quality independently of the share price.
How far is PNGO from its 52-week high?
Pinago Utama Tbk Pt trades at 3,260 IDR, about 16% below its 52-week high of 3,900 IDR and 11% above the low of 2,928 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 4,198 IDR is for.
Which stocks are comparable to Pinago Utama Tbk Pt?
From the same area (Consumer Defensive) we also value Muyuan Foods Group, Archer-Daniels-Midland Company, Tyson Foods, Inc, Bunge Global SA, 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 Pinago Utama Tbk Pt stock attractive at the current price?
The data as of Nov 8, 2026: price 3,260 IDR, calculated fair value 4,198 IDR (+29%), Quality Score 80/100, from 25 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 PNGO calculated?
We run Pinago Utama Tbk Pt through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 4,198 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. Pinago Utama Tbk Pt currently trades 22% 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 Pinago Utama Tbk Pt (PNGO)?
The closing price on Nov 6, 2026 was 3,260 IDR. Our model-based fair value is 4,198 IDR, about +29% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pinago Utama Tbk Pt right now?
The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Pinago Utama Tbk Pt
How large is the market capitalisation of Pinago Utama Tbk Pt (PNGO)?
The market capitalisation of Pinago Utama Tbk Pt is 2.5T IDR (≈ $141M). 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 Pinago Utama Tbk Pt (PNGO)?
The price-to-sales ratio of Pinago Utama Tbk Pt is 1.15 (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 Pinago Utama Tbk Pt (PNGO)?
Earnings per share at Pinago Utama Tbk Pt are 422.60 IDR (price ÷ EPS = P/E 7.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pinago Utama Tbk Pt (PNGO)?
The dividend yield of Pinago Utama Tbk Pt is 5.4% (payout 41.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Pinago Utama Tbk Pt (PNGO)?
The net margin of Pinago Utama Tbk Pt is 14.9% (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 Pinago Utama Tbk Pt (PNGO)?
The return on equity (ROE) of Pinago Utama Tbk Pt is 28.0% (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 Pinago Utama Tbk Pt (PNGO)?
On an EBIT basis the return on assets of Pinago Utama Tbk Pt is 20.7% (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 Pinago Utama Tbk Pt (PNGO)?
The operating margin of Pinago Utama Tbk Pt is 28.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pinago Utama Tbk Pt (PNGO)?
Revenue at Pinago Utama Tbk Pt is growing +11.7% versus a year earlier (3y avg +4.2%). 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 Pinago Utama Tbk Pt (PNGO)?
Earnings per share at Pinago Utama Tbk Pt are growing +88.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Pinago Utama Tbk Pt (PNGO) carry?
The net debt of Pinago Utama Tbk Pt is 279B IDR (fiscal year 2025, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026