Akasha Wira International Tbk (ADES) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Akasha Wira International Tbk stock IDR 18,681, price IDR 29,325, that is 36.3% below the price, quality 66 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 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 5, 2026.
How to read this chart
60‑month range 1,765 IDR – 38,850 IDR · fair‑value band 11,361 IDR – 27,470 IDR · the 29,325 IDR price screens above the 18,681 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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PT Akasha Wira International Tbk engages in the manufacture and distribution of bottled drinking water, cosmetics, beverages, and foods industry in Indonesia and internationally.
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It provides bottled drinking water under the Nestle Pure Life and Vica brands; soy milk drink under the Pureal brand; and beauty care products, such as hair energy and hair recovery products under the Makarizo, Wella, and Clairol brands.
The company was founded in 1985 and is based in Jakarta Selatan, Indonesia. PT Akasha Wira International Tbk operates as a subsidiary of Water Partners Bottling S.A.
Stock analysis
Akasha Wira International Tbk (ADES) currently trades at 29,325 IDR, while our model-based Fair Value estimate is 18,681 IDR, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 31,821 IDR per share, and 3 of the 24 models we run sit above the 29,325 IDR price.
Bear case: the Asset-Based group reads lowest at 2,547 IDR, and 21 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 11,361 IDR (bear) to 27,470 IDR (bull), the price of 29,325 IDR sits above 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 66/100 (solid quality), in the Consumer Defensive sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Akasha Wira International Tbk reported revenue of 2.7T IDR in FY2025 versus 935B IDR in FY2021, a compound +30.7%/yr. Reported net income was 742B IDR in FY2025, compounding +29.2%/yr from FY2021.
Key figures
Market cap 17.7T IDR (≈ $978M) Small · P/E ratio 18.5 · P/S ratio 4.96 · EPS (TTM) 1,589 IDR · Net margin 26.8% · Return on equity 31.3% · Return on assets (EBIT) 24.7% (5-year average) · Operating margin 28.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 88 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 99% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −23% fair-value upside, at −36%, ADES screens richer than that median.
Fair Value models
Bear11,361 IDRFair Value 18,681 IDRBull27,470 IDR
Price 29,325 IDR · Downside -36.3%
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 (1,358 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.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+39.4%
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.
+28.3%
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.
+32.3%
Start year 2020 (pandemic). Over 10 years: +15.1% a year
Revenue growth 25 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.
+13.7%
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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.
+36.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+36.9%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.40.4% vs 36.6%, picking up
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.24% → 32%
2025 sits 87% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+46.3%
Yearly growth needed for the next five years to justify today's price.
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 +42.5% a year for the price.
Compare Akasha Wira International Tbk with another stock
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.Beverages - Non-Alcoholic · 80 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score66 · Above median
Fair Value upside−36.3% · Below median
Profitability
Return on equity (12 months)31.3% · Top 25%
Return on assets20.8% · Top 25%
Net margin (12 months)26.8% · Top 25%
Operating margin (12 months)28.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)75.8% · Top 25%
Valuation Multiplesvs Beverages - Non-Alcoholic 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). "Akasha Wira International Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ADES
Frequently asked questions
Is Akasha Wira International Tbk (ADES) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 18,681 IDR versus a price of 29,325 IDR, about 36% lower (overvalued).
What is the fair value of ADES?
Our model-based fair value for Akasha Wira International Tbk is 18,681 IDR (as of Nov 5, 2026), built from audited fundamentals. The current price: 29,325 IDR.
What is the quality score of ADES?
Akasha Wira International Tbk has a Quality Score of 66/100. 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 Akasha Wira International Tbk (ADES)?
Our model-based price target is the fair value of 18,681 IDR (as of Nov 5, 2026) from 24 valuation models. Cautious scenario 11,361 IDR, optimistic scenario 27,470 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Akasha Wira International Tbk stock forecast for 2026?
Our models put fair value at 18,681 IDR, about 36% lower versus a price of 29,325 IDR (overvalued). Cautious scenario 11,361 IDR, optimistic scenario 27,470 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Akasha Wira International Tbk (ADES)?
Akasha Wira International Tbk reported trailing-twelve-month revenue of about 3.6T IDR (latest available figure, as of Nov 5, 2026).
What growth is priced into Akasha Wira International Tbk (ADES)?
For today's price to be fair in a discounted-cash-flow model, Akasha Wira International Tbk would have to grow free cash flow by +46.3 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +32.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of ADES use?
Our models discount Akasha Wira International Tbk at 12.0 %: a base by market capitalisation (small), damped by beta 0.26, 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 Akasha Wira International Tbk that is +46.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has Akasha Wira International Tbk (ADES) delivered so far?
Over the past 5 years revenue at Akasha Wira International Tbk grew +32.3 % a year. The price currently implies free-cash-flow growth of +46.3 % 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 Akasha Wira International Tbk (ADES) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Akasha Wira International Tbk (+46.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Akasha Wira International Tbk (ADES)?
The free-cash-flow yield on the price is 1.03 %: that much free cash flow Akasha Wira International Tbk produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Akasha Wira International Tbk (ADES)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Akasha Wira International Tbk it is 18,681 IDR per share (as of Nov 5, 2026), against a price of 29,325 IDR. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Akasha Wira International Tbk stock overvalued or undervalued in 2026?
As of Nov 5, 2026, ADES trades above its calculated fair value: price 29,325 IDR, fair value 18,681 IDR, a gap of about −36% (overvalued). 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 ADES?
No. The price is what the market pays today (29,325 IDR); the fair value is what the company's own numbers justify (18,681 IDR). For Akasha Wira International Tbk the two are 10,644 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Akasha Wira International Tbk worth?
The market values Akasha Wira International Tbk at about 17.7T IDR (market capitalisation, as of Nov 5, 2026). Per share that is 29,325 IDR; our models calculate a fair value of 18,681 IDR per share.
What do the bullish and bearish scenarios say about ADES?
Our models span a range for Akasha Wira International Tbk: cautious scenario 11,361 IDR, base 18,681 IDR, optimistic 27,470 IDR per share (as of Nov 5, 2026, price 29,325 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ADES?
Akasha Wira International Tbk trades at a price-to-earnings ratio of 18.5 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 18,681 IDR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 10.4. Other multiples: P/B 5.9, P/S 5.0, EV/EBITDA 14.0.
How solid is the balance sheet of Akasha Wira International Tbk (ADES)?
Balance-sheet figures for Akasha Wira International Tbk (as of Nov 5, 2026): return on equity 31.3%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is ADES from its 52-week high?
Akasha Wira International Tbk trades at 29,325 IDR, about 25% below its 52-week high of 38,850 IDR and 99% above the low of 14,750 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 18,681 IDR is for.
Which stocks are comparable to Akasha Wira International Tbk?
From the same area (Consumer Defensive) we also value The Coca-Cola Company, PepsiCo, Inc, Monster Beverage Corporation, Nongfu Spring Co, 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 Akasha Wira International Tbk stock attractive at the current price?
The data as of Nov 5, 2026: price 29,325 IDR, calculated fair value 18,681 IDR (−36%), Quality Score 66/100, from 24 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 ADES calculated?
We run Akasha Wira International Tbk through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 18,681 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 13.0% above its aggregate fair value. Akasha Wira International Tbk itself currently trades above fair value. 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 Akasha Wira International Tbk (ADES)?
The closing price on Nov 6, 2026 was 29,325 IDR. Our model-based fair value is 18,681 IDR, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Akasha Wira International Tbk right now?
The price sits above even our optimistic bull case (27,470 IDR). The favourable scenario is already priced in. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (11,361 IDR to 27,470 IDR) leaves room in how you read the outcome.
Where does the earnings growth of Akasha Wira International Tbk (ADES) come from?
Earnings per share at Akasha Wira International Tbk grew +34.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +12.6 %, EBIT margin +17.2 %, tax rate −0.3 %, residual (interest, one-offs) +1.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Akasha Wira International Tbk
How large is the market capitalisation of Akasha Wira International Tbk (ADES)?
The market capitalisation of Akasha Wira International Tbk is 17.7T IDR (≈ $978M). 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 Akasha Wira International Tbk (ADES)?
The price-to-sales ratio of Akasha Wira International Tbk is 4.96 (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 Akasha Wira International Tbk (ADES)?
Earnings per share at Akasha Wira International Tbk are 1,589 IDR (price ÷ EPS = P/E 18.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Akasha Wira International Tbk (ADES)?
The net margin of Akasha Wira International Tbk is 26.8% (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 Akasha Wira International Tbk (ADES)?
The return on equity (ROE) of Akasha Wira International Tbk is 31.3% (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 Akasha Wira International Tbk (ADES)?
On an EBIT basis the return on assets of Akasha Wira International Tbk is 24.7% (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 Akasha Wira International Tbk (ADES)?
The operating margin of Akasha Wira International Tbk is 28.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Akasha Wira International Tbk (ADES)?
Revenue at Akasha Wira International Tbk is growing +75.8% versus a year earlier (3y avg +28.3%). 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 Akasha Wira International Tbk (ADES)?
Earnings per share at Akasha Wira International Tbk are growing +61.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Akasha Wira International Tbk (ADES) hold?
Akasha Wira International Tbk holds more cash than debt, 936B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 5, 2026