EN DE
STOCK COMPARISON

Mulia Boga Raya PT vs Nestle S.A.: Fair Value & Quality

Both stocks run through our valuation models. Here is how Mulia Boga Raya PT (KEJU) and Nestle S.A. (NESN) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Nestle S.A. as the less overvalued of the two: Mulia Boga Raya PT trades at IDR 600 versus a fair value of IDR 417 (-31%), while Nestle S.A. trades at CHF 77.94 versus CHF 59.51 (-24%).
Mulia Boga Raya PT
KEJU.JK · IDR · Consumer Staples
-31%
upside to fair value
overvalued
PriceIDR 600
Fair ValueIDR 417
Quality56/100
Nestle S.A.
NESN.SW · CHF · Consumer Staples
-24%
upside to fair value
overvalued
PriceCHF 77.94
Fair ValueCHF 59.51
Quality68/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Mulia Boga Raya PTNestle S.A.
Valuation
17.4×P/E (TTM)26.7×
n/aMedian P/E at FY-end (10 FY, reported earnings)24.0×
1.89×P/S (TTM)2.73×
3.99×P/B7.37× · book value is mostly goodwill
12.3×EV/EBITDA17.1×
n/aPEG1.88×
−30.5%Fair value upside−23.6%
2.7%Dividend yield4.0%
IDR 16Dividend per shareCHF 3.10
Profitability
12%Operating margin16%
0.82×EBIT margin trend (5Y)0.91×
24%Return on equity26%
12%Return on assets7%
Growth
55%Revenue growth (YoY)-3%
13.0%Avg. growth/yr (3Y)-1.9%
10.8%Avg. growth/yr (5Y)1.1%
−14.2%Value creation/yr−0.0%
Balance & size
527.3×Interest coverage (EBIT/interest)8.5×
0.00×Debt / equity1.34×
$189MMarket cap$242B
expensiveGrowth qualityweak
Nestle S.A., median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 24.

Mulia Boga Raya PT leads: 9 to 5 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Mulia Boga Raya PTof which business quality 58 · market factors 55 Nestle S.A.of which business quality 63 · market factors 60
ProfitabilityMargins and returns on capital today
74
60
Quality GrowthAre margins and returns improving?
44
43
CashflowEarnings quality: real cash, not paper profit
32
67
Fin. StrengthBalance sheet, leverage, solvency risk
94
41
InvestmentDisciplined investing over empire-building
50
94
Low VolatilityCalm price path (market factor)
76
91
MomentumPrice trend over the last 3–12 months (market factor)
52
45
52W MomentumDistance to the 52-week high (market factor)
38
51
Net IssuanceShare count: buybacks or dilution?
40
87

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMulia Boga Raya PTPrice IDR 600Nestle S.A.Price CHF 77.94
DCF Models-28%below the priceIDR 429-32%below the priceCHF 53.09
Earnings-Based-39%below the priceIDR 365-57%below the priceCHF 33.53
Dividend Discount-71%below the priceIDR 174-55%below the priceCHF 34.87
Multiples-5%close to the priceIDR 569-14%close to the priceCHF 66.73
Asset-Based-83%below the priceIDR 101-89%below the priceCHF 8.55
Growth DCF-50%below the priceIDR 300-35%below the priceCHF 50.71
Economic Profit-50%below the priceIDR 301-58%below the priceCHF 32.75
Growth Earnings-1%close to the priceIDR 593-28%below the priceCHF 55.79
Minimum-83%below the priceIDR 101-89%below the priceCHF 8.55
Maximum-1%close to the priceIDR 593-14%close to the priceCHF 66.73
Median-44%below the priceIDR 333-45%below the priceCHF 42.79
Geometric mean-48%below the priceIDR 309-53%below the priceCHF 36.68

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Mulia Boga Raya PT: 22 of 26 models see the stock below the current price.

Nestle S.A.: 23 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Mulia Boga Raya PT
Price IDR 600
Fair Value IDR 417
Bear IDR 240Bull IDR 666
Nestle S.A.
Price CHF 77.94
Fair Value CHF 59.51
Bear CHF 36.96Bull CHF 88.54

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Mulia Boga Raya PT · Consumer Staples

Quality score56 · above median
Fair value upside-31% · below median

Nestle S.A. · Consumer Staples

Quality score68 · Top 25%
Fair value upside-24% · below median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Nestle S.A. as the less overvalued of the two: Mulia Boga Raya PT trades at IDR 600 versus a fair value of IDR 417 (-31%), while Nestle S.A. trades at CHF 77.94 versus CHF 59.51 (-24%).

Nestle S.A. has the higher quality score (68/100).

Open Nestle S.A. live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.