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Indofood Agri Resources Ltd (5JS) Fair Value & Analysis

Consumer Defensive · SG · Market cap 496M SGD

IA Indofood Agri Resources Ltd 5JS · SG
Price0.3550 SGD
Fair Value0.4140 SGD
Upside+16.6%
Quality54/100
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Healthy Growth
Thin margins · 6.0% net margin
Low debt · generates free cash flow
Ranks above peers (10/12)
Narrow moat 41/100
Evidence: Medium Range 0.3081 SGD – 0.5460 SGD Share as image

Fair value as of: Aug 9, 2026

From 23 valuation models · updated today

Fair value updated Aug 9, 2026, revised from 1.91 SGD to 0.4140 SGD (−78.3%) since Jul 4, 2026. Share price +1.4% over the past month.

A solid business, screening 17% undervalued on our models.

What matters now

  • Our model range runs from 0.3081 SGD (bear) to 0.5460 SGD (bull), base 0.4140 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 54/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

0.4250 SGD 0.2442 SGD Fair Value 0.4140 SGD Nov 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range 0.2442 SGD – 0.4250 SGD · fair‑value band 0.3081 SGD – 0.5460 SGD · the 0.3550 SGD price screens below the 0.4140 SGD fair value. Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Indofood Agri Resources Ltd (5JS) currently trades at 0.3550 SGD, while our model-based Fair Value estimate is 0.4140 SGD, implying the stock looks roughly 16.6% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Indofood Agri Resources Ltd generated revenue of 18.3T SGD at a net margin of 6.0%. Revenue grew 30.8% year over year. It earns a return on equity of 9.3%. Net debt stands at 627B SGD. Fundamentals as of Aug 9, 2026

Our scenario range runs from 0.3081 SGD (bear case) to 0.5460 SGD (bull case); at 0.3550 SGD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 17%, 5JS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 0.3950 SGD 0.4764 SGD 0.5728 SGD 80
Rev-Margin DCF 0.5591 SGD 0.8162 SGD 1.09 SGD 74
ROIC Compounder 0.5405 SGD 0.6094 SGD 0.6755 SGD 72
All 23 models by family
DCF Models
FCF DCF 0.3907 SGD 0.4802 SGD 0.5910 SGD 38
Owner Earnings 0.3094 SGD 0.3706 SGD 0.4464 SGD 31
5Y Revenue Exit 0.5591 SGD 0.8156 SGD 1.13 SGD 39
5Y EBITDA Exit 0.6842 SGD 1.04 SGD 1.44 SGD 41
5Y P/E Exit 0.3987 SGD 0.5307 SGD 0.6614 SGD 38
10Y Revenue Exit 0.4703 SGD 0.6716 SGD 0.9243 SGD 36
10Y EBITDA Exit 0.5558 SGD 0.8089 SGD 1.12 SGD 37
10Y P/E Exit 0.3927 SGD 0.4958 SGD 0.6099 SGD 35
Earnings-Based
Graham-Dodd 0.1408 SGD 0.3307 SGD 0.4256 SGD 54
PEG = 1.0 0.0568 SGD 0.0811 SGD 0.1055 SGD 46
EPV 0.5290 SGD 0.5829 SGD 0.6278 SGD 59
Multiples
P/E Multiple 0.3105 SGD 0.4140 SGD 0.5175 SGD 63
P/S Multiple 0.2639 SGD 0.3519 SGD 0.4399 SGD 58
P/B Multiple 0.2639 SGD 0.3519 SGD 0.4399 SGD 55
EV/EBIT 0.9989 SGD 1.29 SGD 1.58 SGD 53
EV/EBITDA 1.00 SGD 1.29 SGD 1.58 SGD 54
EV/Revenue 0.7168 SGD 0.9668 SGD 1.22 SGD 43
Asset-Based
NCAV (Graham) 0.1271 SGD 0.1703 SGD 0.2542 SGD 50
Growth DCF
Growth DCF 0.3950 SGD 0.4764 SGD 0.5728 SGD 80
Rev-Margin DCF 0.5591 SGD 0.8162 SGD 1.09 SGD 74
Economic Profit
Residual Income 0.1998 SGD 0.2096 SGD 0.2214 SGD 61
ROIC Compounder 0.5405 SGD 0.6094 SGD 0.6755 SGD 72
Growth Earnings
Growth-Adj P/E 0.2358 SGD 0.3369 SGD 0.4379 SGD 68

Widest divergence: DCF Models (0.5307 SGD) versus Asset-Based (0.1703 SGD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 18.3T SGD
Revenue growth (YoY) +30.8%
Net margin 6.0%
Return on equity 9.3%
Free cash flow 1.8T SGD FY2025
P/E ratio 5.1
More key figures
EPS (TTM) 0.0700 SGD
EPS growth (YoY) +13.5%
Net debt 627B SGD FY2025

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 54 · Market factors (momentum, volatility) 48

Profitability 31
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Indofood Agri Resources Ltd., together with its subsidiaries, operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally. The company operates in two segments, Plantations, and Edible Oils and Fats.

Full company description

Indofood Agri Resources Ltd., together with its subsidiaries, operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally. The company operates in two segments, Plantations, and Edible Oils and Fats. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to palm oil, rubber, and sugar cane processing, marketing, and selling. This segment is also involved in the cultivation of cocoa, tea, and industrial timber plantations. The Edible Oils and Fats segment produces, markets, and sells edible oil, margarine, shortening, and other related products, as well as its derivative products. The company offers cooking oil under the Bimoli, Bimoli Spesial, and Happy brands; and margarine and shortening products under the Amanda, Delima, Malinda, Palmia, Royal Palmia, and Simas brands. It also owns and operates bulking facilities; provides transportation, investment, management, and technical services; and operates in the macronutrients mix fertilizers and prefabrication industries, as well as engages in the oil palm seed breeding; planting, milling and selling of rubber and other crops activities. In addition, the company engages in plantation, trading, photography, air transportation, and mapping services; agriculture, forestry, and fishing; management of industrial timber plantations; marketing and research activities. Indofood Agri Resources Ltd. was incorporated in 2001 and is headquartered in Singapore. Indofood Agri Resources Ltd. is a subsidiary of Indofood Singapore Holdings Pte. Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Indofood Agri Resources Ltd reported revenue of 21.1T SGD in FY2025 versus 19.7T SGD in FY2021, a compound +1.7%/yr. Reported net income was 1.3T SGD in FY2025, compounding +13.9%/yr from FY2021.

Growth Quality 76/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
21.1T SGD
Latest YoY
+31.9%
Avg. growth/yr (3Y)
+5.8%
Avg. growth/yr (5Y)
+7.8%
Avg. growth/yr (11Y)
+3.2%
Revenue +1.7%/yr
FY21 19.7T SGD
FY22 17.8T SGD
FY23 16.0T SGD
FY24 16.0T SGD
FY25 21.1T SGD
Net income +13.9%/yr
FY21 755B SGD
FY22 770B SGD
FY23 614B SGD
FY24 1.1T SGD
FY25 1.3T SGD

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Cite: Fair Value Calculator (2026). "Indofood Agri Resources Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5JS

Peer Group

Packaged Foods · 653 stocks

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.

Quality Score 54 · Above median
Fair Value upside +16% · Above median
Return on equity (TTM) 9% · Above median
Return on assets 6% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 31% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 5.1× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
PEG 0.95× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 54 · sector 29
FUTURE 100 · sector 20
PAST 37 · sector 27
HEALTH 99 · sector 96
DIVIDEND 0 · sector 47

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Indofood Agri Resources Ltd (5JS) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of 0.4140 SGD versus a price of 0.3550 SGD, about +17% (undervalued).
What is the fair value of 5JS?
Our model-based fair value for Indofood Agri Resources Ltd is 0.4140 SGD (as of Aug 9, 2026), built from audited fundamentals. The current price is 0.3550 SGD.
What is the quality score of 5JS?
Indofood Agri Resources Ltd has a Quality Score of 54/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Indofood Agri Resources Ltd (5JS)?
Indofood Agri Resources Ltd reported trailing-twelve-month revenue of about 18.3T SGD (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 5JS?
The net profit margin of Indofood Agri Resources Ltd is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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