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Alumindo Light Metal Industry (ALMI) Fair Value & Analysis

Basic Materials · ID · Market cap 282B IDR

AL Alumindo Light Metal Industry ALMI · JK
Price from Aug 14, 202674.00 IDR
Fair Value22.15 IDR
Upside-70.1%
Quality43/100
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Risks

!Trades 234% ABOVE our fair value of 22.15 IDR
!Weak Growth (revenue 5y −74.3 %/yr)
!Thin margins · 0.0% net margin
!Low debt · negative free cash flow
Weak Growth (revenue 5y −74.3 %/yr)
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (1/7)
Narrow moat 6/100
Evidence: Low Range 16.61 IDR – 27.68 IDR Share as image

Fair value as of: Aug 24, 2026

From 4 valuation models · updated today

Fair value updated Aug 24, 2026, revised from 0.0100 IDR to 22.15 IDR (+221,400.0%) since Jul 14, 2026.

Below-average quality, and screening another 70% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (27.68 IDR). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

450.00 IDR 52.00 IDR Fair Value 22.15 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range 52.00 IDR – 450.00 IDR · fair‑value band 16.61 IDR – 27.68 IDR · the 74.00 IDR price screens above the 22.15 IDR fair value. Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Alumindo Light Metal Industry (ALMI) currently trades at 74.00 IDR, while our model-based Fair Value estimate is 22.15 IDR, implying the stock looks roughly 70.1% overvalued today. The Quality Score stands at 43/100 (below-average 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: low).

Trailing-twelve-month revenue stands at 36 IDR. It earns a return on equity of -50.9%. Net debt stands at 21.1M IDR. Fundamentals as of Aug 24, 2026

Our scenario range runs from 16.61 IDR (bear case) to 27.68 IDR (bull case); at 74.00 IDR, the current price sits above 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 11% fair-value upside, at -70%, ALMI screens richer than that median.

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Key figures & financial health

Return on equity -50.9% TTM
Return on assets -7.9% TTM
Operating margin -9,463,514% TTM
EPS (TTM) -44.06 IDR
Revenue (TTM) 36 IDR TTM
Free cash flow −2.2M IDR FY2025
More key figures
Balance sheet & cash flow
Net debt 21.1M IDR FY2025

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 56

Profitability 0
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 33
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Alumindo Light Metal Industry Tbk manufactures and sells flat rolled aluminum products in Indonesia and internationally.

Full company description

PT Alumindo Light Metal Industry Tbk manufactures and sells flat rolled aluminum products in Indonesia and internationally. The company offers aluminium sheets and coils for ceiling, decorative lighting, curtain walls, venetian blinds, and roofing applications in buildings and constructions industry; use in buses or trucks bodies, license plates, and road signs, as well as various automotive parts comprising heat exchanger/radiator units in transportation industry; and the electrical appliances, such as lamp fitting, covers, and reflectors. It also provides aluminium circles for use in cooking utensils, such as pots and pans; embossed aluminum products primarily for use in roofing, siding, and surface decorations; and aluminum foils for packaging, material wrapping, household foil, heat exchanger fin-stocks, cigarette packaging, pharmaceutical, food packaging, roofing insulation, condensor and fin-stocks as in heat exchanger unit, AirCargoContainer, as well as construction industry, including insulation. PT Alumindo Light Metal Industry Tbk was founded in 1978 and is headquartered in Surabaya, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alumindo Light Metal Industry reported revenue of 76.8K IDR in FY2025 versus 102M IDR in FY2021, a compound −83.5%/yr. Reported net income was −2.5M IDR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
76.8K IDR
Latest YoY
−99.6%
Avg. growth/yr (3Y) 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.
−90.2%
Avg. growth/yr (5Y) 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.
−74.3%
Avg. growth/yr (25Y) 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.
−48.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −83.5%/yr
FY21 102M IDR
FY22 80.7M IDR
FY23 56.7M IDR
FY24 18.4M IDR
FY25 76.8K IDR
Net income
FY21 37.3K IDR
FY22 −3.2M IDR
FY23 −10.7M IDR
FY24 −15.1M IDR
FY25 −2.5M IDR

ALMI screens 70% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →

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Cite: Fair Value Calculator (2026). "Alumindo Light Metal Industry Fair Value". https://www.fairvalue-calculator.com/stock/ALMI

Peer Group

Aluminum · 82 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 43 · Below median
Fair Value upside −70% · Bottom 25%
Return on assets -8% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%

Valuation Multiples vs Aluminum median · lower = cheaper

P/B 5.30× · Pricier than 75% of peers

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 14
FUTURE0 · sector 25
PAST0 · sector 32
HEALTH100 · sector 92
DIVIDEND0 · sector 38

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.

None of the checked exposures detected

Similar stocks

10 more Aluminum stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Shandong Hongqiao Aluminum Industry Holding 002379 ¥21.34 ¥23.44 +10%
China Hongqiao Group 1378 HK$24.44 HK$45.58 +86%
Hindalco Industries Limited HINDALCO ₹1,028 ₹997.35 -3%
Aluminum Corporation 601600 ¥9.45 ¥16.30 +72%
Norsk Hydro ASA NHY kr 90.02 kr 58.10 -35%
Press Metal Aluminium Holdings 8869 7.90 MYR 3.88 MYR -51%
Alcoa Corporation AAI A$73.19 A$49.53 -32%
Yunnan Aluminium Co 000807 ¥25.88 ¥29.68 +15%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥27.24 ¥30.28 +11%
Tianshan Aluminum Group 002532 ¥12.67 ¥21.86 +73%

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Frequently asked questions

Is Alumindo Light Metal Industry (ALMI) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 22.15 IDR versus the last price from Aug 14, 2026 of 74.00 IDR, about −70% (overvalued).
What is the fair value of ALMI?
Our model-based fair value for Alumindo Light Metal Industry is 22.15 IDR (as of Aug 24, 2026), built from audited fundamentals. Last price (from Aug 14, 2026): 74.00 IDR.
What is the quality score of ALMI?
Alumindo Light Metal Industry has a Quality Score of 43/100. 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 revenue of Alumindo Light Metal Industry (ALMI)?
Alumindo Light Metal Industry reported trailing-twelve-month revenue of about 36 IDR (latest available figure, as of Aug 24, 2026).
What is the net profit margin of ALMI?
The net profit margin of Alumindo Light Metal Industry is about 0.0%, meaning it keeps roughly 0.0% 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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