PT Acset Indonusa Tbk (ACST) Fair Value & Analysis

Industrials · ID · Market cap 1.5T IDR

Below-average quality, screening 65% undervalued on our models.

What matters now

• The large discount to fair value meets weak quality (26/100). That raises the risk this is a value trap rather than a bargain.
• The model range is unusually wide (72.59 IDR to 215.89 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
• The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 64.00 IDR – 382.00 IDR · fair‑value band 72.59 IDR – 215.89 IDR · the 87.00 IDR price screens below the 143.62 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

PT Acset Indonusa Tbk (ACST) currently trades at 87.00 IDR, while our model-based Fair Value estimate is 143.62 IDR, implying the stock looks roughly 65.1% undervalued today. The Quality Score stands at 26/100 (below-average quality), in the Industrials 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: low), always confirm before acting.

Over the trailing twelve months, PT Acset Indonusa Tbk generated revenue of 2.1T IDR at a net margin of -32.9%. Revenue declined 34.7% year over year. Net debt stands at 1.4T IDR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 72.59 IDR (bear case) to 215.89 IDR (bull case); at 87.00 IDR, 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 57% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at 65%, ACST 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.

Widest divergence: Dividend Discount (168.58 IDR) versus Multiples (51.09 IDR). Highest evidence: Gordon GGM (70).

Key figures & financial health

Quality Score breakdown

About the company

PT Acset Indonusa Tbk provides construction and related support services in Indonesia. It operates through three segments: Construction, Construction Support Services, and Trading. The company builds office blocks, mall and shopping area, hotel and high-rise residential, industrial building, and other projects, as well as silos, power plants, and toll-roads.

Full company description

PT Acset Indonusa Tbk provides construction and related support services in Indonesia. It operates through three segments: Construction, Construction Support Services, and Trading. The company builds office blocks, mall and shopping area, hotel and high-rise residential, industrial building, and other projects, as well as silos, power plants, and toll-roads. It undertakes demolition, foundation, building and civil construction, and infrastructure projects, as well as mechanical, electrical, and plumbing works. In addition, the company involved in the wholesale of heavy equipment; and provision of construction support services. PT Acset Indonusa Tbk was incorporated in 1995 and is headquartered in Jakarta, Indonesia. PT Acset Indonusa Tbk is a subsidiary of PT Karya Supra Perkasa.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Acset Indonusa Tbk reported revenue of 2.4T IDR in FY2025 versus 1.5T IDR in FY2021, a compound +12.2%/yr. Reported net income was −695B IDR in FY2025.

Watch ACST: get an alert when its fair value changes →

Peer Group

Engineering & Construction · 839 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.

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.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

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

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

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

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.