PT Alakasa Industrindo Tbk, through its subsidiaries, (ALKA) Fair Value & Analysis
Basic Materials · ID · Market cap 358B IDR
Fair value as of: Jul 17, 2026
From 16 valuation models · updated 17 days ago
Share price +226.7% over the past month.
A solid business, but screening 69% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (648.39 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.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.
How to read this chart
60‑month range 214.00 IDR – 1,715 IDR · fair‑value band 404.23 IDR – 648.39 IDR · the 1,715 IDR price screens above the 526.31 IDR fair value. Dashed = 300-day average. As of Jul 17, 2026.
Analysis
PT Alakasa Industrindo Tbk, through its subsidiaries, (ALKA) currently trades at 1,715 IDR, while our model-based Fair Value estimate is 526.31 IDR, implying the stock looks roughly 69.3% overvalued today. We read business quality at 66/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, PT Alakasa Industrindo Tbk, through its subsidiaries, generated revenue of 120B IDR at a net margin of 14.0%. Revenue declined 73.2% year over year. It earns a return on equity of 7.6%. The balance sheet holds a net cash position of 19.3B IDR. Fundamentals as of Jul 17, 2026
Our scenario range runs from 404.23 IDR (bear case) to 648.39 IDR (bull case); at 1,715 IDR, the current price sits above that range. The share trades near its 52-week high. For context, the median of 10 Basic Materials peers we cover trades at 19% fair-value upside, at -69%, ALKA screens richer 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.
All 16 models by family
Widest divergence: DCF Models (580.49 IDR) versus Dividend Discount (1.43 IDR). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 60 · Market factors (momentum, volatility) 75
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
PT Alakasa Industrindo Tbk, through its subsidiaries, offers aluminium and metal fabrication products for automotive, train, energy, plantation, green house structure, furniture, and other projects in Indonesia. It operates through Aluminum Industry, Trading, and Rentals segments.
Full company description
PT Alakasa Industrindo Tbk, through its subsidiaries, offers aluminium and metal fabrication products for automotive, train, energy, plantation, green house structure, furniture, and other projects in Indonesia. It operates through Aluminum Industry, Trading, and Rentals segments. The company also sources and delivers various products including bauxite, alumina, calcinated petroleum coke, and aluminum ingots. In addition, it trades in aluminum raw materials; operates an alumina refinery; and engages in owning and leasing of real estate properties. It also exports its products. The company was founded in 1972 and is based in Jakarta Timur, Indonesia. PT Alakasa Industrindo Tbk is a subsidiary of The Gesit Companies.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PT Alakasa Industrindo Tbk, through its subsidiaries, reported revenue of 171B IDR in FY2025 versus 3.5T IDR in FY2021, a compound −52.9%/yr. Reported net income was 19.4B IDR in FY2025, compounding +0.8%/yr from FY2021.
ALKA screens 69% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →
Peer Group
Aluminum · 86 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.
Valuation Multiples vs Aluminum median · lower = cheaper
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 0: the price sits above our fair-value range.
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 Aluminum stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Shandong Hongqiao Aluminum Industry Holding 002379 | ¥18.54 | ¥26.70 | +44% |
| China Hongqiao Group 1378 | HK$20.06 | HK$45.23 | +125% |
| Hindalco Industries Limited HINDALCO | ₹955.80 | ₹1,026 | +7% |
| Aluminum Corporation 601600 | ¥8.11 | ¥12.58 | +55% |
| Norsk Hydro ASA NHY | kr 84.96 | kr 58.10 | -32% |
| Press Metal Aluminium Holdings 8869 | 8.02 MYR | 3.88 MYR | -52% |
| Yunnan Aluminium Co 000807 | ¥25.12 | ¥29.68 | +18% |
| Alcoa Corporation AAI | A$70.60 | A$49.53 | -30% |
| Henan Shenhuo Coal Industry and Electricity Power Co 000933 | ¥25.51 | ¥30.28 | +19% |
| Tianshan Aluminum Group 002532 | ¥11.99 | ¥21.86 | +82% |
Compare PT Alakasa Industrindo Tbk, through its subsidiaries, with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is PT Alakasa Industrindo Tbk, through its subsidiaries, (ALKA) overvalued or undervalued?
What is the fair value of ALKA?
What is the quality score of ALKA?
What is the revenue of PT Alakasa Industrindo Tbk, through its subsidiaries, (ALKA)?
What is the net profit margin of ALKA?
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.
Track PT Alakasa Industrindo Tbk, through its subsidiaries, and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.