EN DE
STOCK COMPARISON

Multi Spunindo Jaya Tbk. vs Shenzhou International Group Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Multi Spunindo Jaya Tbk. (MSJA) and Shenzhou International Group Holdings (2313) compare, as of Aug 31, 2026.

As of Aug 31, 2026, Fair Value Calculator sees Shenzhou International Group Holdings as the more attractively valued of the two: Multi Spunindo Jaya Tbk. trades at IDR 442 versus a fair value of IDR 357 (-19%), while Shenzhou International Group Holdings trades at HK$36.52 versus HK$68.35 (+87%).
Multi Spunindo Jaya Tbk.
MSJA.JK · IDR · Industrials
-19%
upside to fair value
overvalued
PriceIDR 442
Fair ValueIDR 357
Quality57/100
Shenzhou International Group Holdings
2313.HK · HKD · Consumer Discretionary
+87%
upside to fair value
undervalued
PriceHK$36.52
Fair ValueHK$68.35
Quality62/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Multi Spunindo Jaya Tbk.Shenzhou International Group Holdings
Valuation
20.9×P/E (TTM)9.9×
3.65×P/S (TTM)2.15×
2.78×P/B1.78×
24.7×EV/EBITDA7.2×
PEG0.88×
Dividend yield7.3%
Dividend per shareHK$2.66
Profitability
10%Net margin19%
7%Operating margin18%
8%Return on equity16%
3%Return on assets7%
Growth
-3%Revenue growth (YoY)2%
-7.1%Avg. growth/yr (3Y)3.7%
-2.9%Avg. growth/yr (5Y)6.1%
Balance & size
0.02×Debt / equity0.01×
$233MMarket cap$9B
weakGrowth qualitymixed

Shenzhou International Group Holdings leads: 0 to 12 metric wins.

Dash = 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.

Multi Spunindo Jaya Tbk.of which business quality 57 · market factors 66 Shenzhou International Group Holdingsof which business quality 61 · market factors 22
ProfitabilityMargins and returns on capital today
35
53
Quality GrowthAre margins and returns improving?
44
33
CashflowEarnings quality: real cash, not paper profit
37
42
Fin. StrengthBalance sheet, leverage, solvency risk
78
94
InvestmentDisciplined investing over empire-building
75
60
Low VolatilityCalm price path (market factor)
67
56
MomentumPrice trend over the last 3–12 months (market factor)
62
13
52W MomentumDistance to the 52-week high (market factor)
73
0
Net IssuanceBuybacks instead of dilution
85
82

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 familyMulti Spunindo Jaya Tbk.Price IDR 442Shenzhou International Group HoldingsPrice HK$36.52
DCF Models-19%below the priceIDR 357+94%above the priceHK$70.68
Earnings-Based-60%below the priceIDR 179+24%above the priceHK$45.41
Dividend Discount-60%below the priceIDR 179+18%above the priceHK$43.01
Multiples-19%below the priceIDR 357+84%above the priceHK$67.20
Asset-Based-60%below the priceIDR 179-54%below the priceHK$16.72
Growth DCF-60%below the priceIDR 179+28%above the priceHK$46.79
Economic Profit-60%below the priceIDR 179+23%above the priceHK$44.98
Growth Earnings-19%below the priceIDR 357+101%above the priceHK$73.43
Minimum-60%below the priceIDR 179-54%below the priceHK$16.72
Maximum-19%below the priceIDR 357+101%above the priceHK$73.43
Median-60%below the priceIDR 179+26%above the priceHK$46.10
Geometric mean-48%below the priceIDR 232+29%above the priceHK$47.04

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%.

Multi Spunindo Jaya Tbk.: 24 of 24 models see the stock below the current price.

Shenzhou International Group Holdings: 4 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Multi Spunindo Jaya Tbk.
Bear IDR 179Fair Value IDR 357Bull IDR 357
IDR 442 = current price (white tick)
Shenzhou International Group Holdings
Bear HK$45.23Fair Value HK$68.35Bull HK$85.34
HK$36.52 = current price (white tick)

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.

Multi Spunindo Jaya Tbk. · Industrials

Quality score57 · above median
Fair value upside-19% · above median

Shenzhou International Group Holdings · Consumer Discretionary

Quality score62 · Top 25%
Fair value upside+87% · Top 25%

Bottom line

As of Aug 31, 2026, Fair Value Calculator sees Shenzhou International Group Holdings as the more attractively valued of the two: Multi Spunindo Jaya Tbk. trades at IDR 442 versus a fair value of IDR 357 (-19%), while Shenzhou International Group Holdings trades at HK$36.52 versus HK$68.35 (+87%).

Shenzhou International Group Holdings has the higher quality score (62/100).

See the full 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.