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PT Archi Indonesia Tbk, through its subsidiaries, (ARCI) Fair Value & Analysis

Basic Materials · ID · Market cap 27.3T IDR

PA PT Archi Indonesia Tbk, through its subsidiaries, ARCI · JK
Price1,235 IDR
Fair Value1,252 IDR
Upside+1.4%
Quality59/100
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Mixed Growth
Highly profitable · 22.4% net margin
Moderate debt · negative free cash flow
Mixed vs. peers (7/13)
Wide moat 78/100
Evidence: Medium Range 894.50 IDR – 1,431 IDR Share as image

Fair value as of: Jul 19, 2026

From 15 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from 1,269 IDR to 1,252 IDR (−1.3%) since Jul 14, 2026. Share price +32.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 894.50 IDR (bear) to 1,431 IDR (bull), base 1,252 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

1,995 IDR 222.82 IDR Fair Value 1,252 IDR Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 222.82 IDR – 1,995 IDR · fair‑value band 894.50 IDR – 1,431 IDR · the 1,235 IDR price screens below the 1,252 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

PT Archi Indonesia Tbk, through its subsidiaries, (ARCI) currently trades at 1,235 IDR, while our model-based Fair Value estimate is 1,252 IDR, implying the stock looks roughly 1.4% fairly valued today. The Quality Score stands at 59/100 (solid quality), in the Basic Materials 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, PT Archi Indonesia Tbk, through its subsidiaries, generated revenue of 542M IDR at a net margin of 22.4%. Revenue grew 50.8% year over year. It earns a return on equity of 36.2%. Net debt stands at 470M IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 894.50 IDR (bear case) to 1,431 IDR (bull case); at 1,235 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 41% below its 52-week high and 219% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at 1%, ARCI 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income 536.70 IDR 715.60 IDR 4,830 IDR 76
ROIC Compounder 894.50 IDR 1,252 IDR 1,789 IDR 72
Growth-Adj P/E 894.50 IDR 1,252 IDR 1,610 IDR 68
All 15 models by family
DCF Models
Owner Earnings 357.80 IDR 894.50 IDR 1,789 IDR 31
Earnings-Based
Graham-Dodd 536.70 IDR 2,326 IDR 3,220 IDR 54
Lynch FV 715.60 IDR 894.50 IDR 1,252 IDR 50
PEG = 1.0 715.60 IDR 894.50 IDR 1,252 IDR 46
EPV 715.60 IDR 894.50 IDR 894.50 IDR 59
Multiples
P/E Multiple 894.50 IDR 1,252 IDR 1,431 IDR 63
P/S Multiple 357.80 IDR 536.70 IDR 715.60 IDR 58
P/B Multiple 536.70 IDR 715.60 IDR 894.50 IDR 55
EV/EBIT 1,252 IDR 1,610 IDR 2,147 IDR 53
EV/EBITDA 894.50 IDR 1,252 IDR 1,610 IDR 54
EV/Revenue 178.90 IDR 357.80 IDR 43
Asset-Based
NCAV (Graham) 178.90 IDR 178.90 IDR 178.90 IDR 50
Economic Profit
Residual Income 536.70 IDR 715.60 IDR 4,830 IDR 76
ROIC Compounder 894.50 IDR 1,252 IDR 1,789 IDR 72
Growth Earnings
Growth-Adj P/E 894.50 IDR 1,252 IDR 1,610 IDR 68

Widest divergence: Growth Earnings (1,252 IDR) versus Asset-Based (178.90 IDR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 542M IDR
Revenue growth (YoY) +50.8%
Net margin 22.4%
Return on equity 36.2%
Free cash flow −13.3M IDR FY2025
P/E ratio 12.2
More key figures
Operating margin 40.7%
EPS (TTM) 88.24 IDR
EPS growth (YoY) +185%
Net debt 470M IDR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 53 · Market factors (momentum, volatility) 44

Profitability 61
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 26
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 81
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

PT Archi Indonesia Tbk, through its subsidiaries, engages in gold and silver mining business in Indonesia. The company operates Toka Tindung Gold Mine with the concession area of approximately 40 thousand hectares located in North Sulawesi.

Full company description

PT Archi Indonesia Tbk, through its subsidiaries, engages in gold and silver mining business in Indonesia. The company operates Toka Tindung Gold Mine with the concession area of approximately 40 thousand hectares located in North Sulawesi. It also holds contracts of work for mining concession areas with a total concession area of 39,817 hectares located in North Sulawesi Province. In addition, the company provides mining contractor services; gold minted bar products; and management consulting services. The company was incorporated in 2010 and is headquartered in Jakarta Selatan, Indonesia. PT Archi Indonesia Tbk is a subsidiary of PT Rajawali Corporation.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Archi Indonesia Tbk, through its subsidiaries, reported revenue of 490M IDR in FY2025 versus 346M IDR in FY2021, a compound +9.1%/yr. Reported net income was 101M IDR in FY2025, compounding +7.5%/yr from FY2021.

Growth Quality 38/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
490M IDR
Latest YoY
+70.4%
Avg. growth/yr (3Y)
+31.3%
Avg. growth/yr (5Y)
+4.5%
Avg. growth/yr (13Y)
+6.8%
Revenue +9.1%/yr
FY21 346M IDR
FY22 216M IDR
FY23 250M IDR
FY24 288M IDR
FY25 490M IDR
Net income +7.5%/yr
FY21 75.2M IDR
FY22 14.6M IDR
FY23 14.6M IDR
FY24 10.5M IDR
FY25 101M IDR

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Cite: Fair Value Calculator (2026). "PT Archi Indonesia Tbk, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/ARCI

Peer Group

Gold · 259 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 59 · Above median
Fair Value upside +1% · Top 25%
Return on equity (TTM) 36% · Top 25%
Return on assets 15% · Top 25%
Net margin (TTM) 22% · Above median
Operating margin (TTM) 41% · Above median
Revenue growth 51% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.19× · Higher than 75% of peers

Valuation Multiples vs Gold median · lower = cheaper

P/E (TTM) 12.2× · Pricier than median
P/B 7.52× · Pricier than 75% of peers
P/S (TTM) 5.03× · Pricier than median
EV/EBITDA 12.1× · 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.

VALUE 35 · sector 0
FUTURE 100 · sector 100
PAST 100 · sector 0
HEALTH 40 · sector 98
DIVIDEND 0 · sector 24

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 Gold stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥28.36 ¥30.58 +8%
Agnico Eagle Mines Limited AEM C$191.93 C$154.33 -20%
Barrick Mining Corporation B $34.93 $50.66 +45%
Wheaton Precious Metals Corp WPM C$152.57 C$52.47 -66%
Franco-Nevada Corporation FNV C$284.75 C$97.76 -66%
AngloGold Ashanti plc AU $76.35 $88.63 +16%
Gold Fields Limited GFI $33.33 $59.06 +77%
Kinross Gold Corporation KGC $22.57 $34.62 +53%
Northern Star Resources Limited NST A$20.48 A$15.98 -22%

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Frequently asked questions

Is PT Archi Indonesia Tbk, through its subsidiaries, (ARCI) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 1,252 IDR versus a price of 1,235 IDR, about +1% (fairly valued).
What is the fair value of ARCI?
Our model-based fair value for PT Archi Indonesia Tbk, through its subsidiaries, is 1,252 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 1,235 IDR.
What is the quality score of ARCI?
PT Archi Indonesia Tbk, through its subsidiaries, has a Quality Score of 59/100. 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 PT Archi Indonesia Tbk, through its subsidiaries, (ARCI)?
PT Archi Indonesia Tbk, through its subsidiaries, reported trailing-twelve-month revenue of about 542M IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ARCI?
The net profit margin of PT Archi Indonesia Tbk, through its subsidiaries, is about 22.4%, meaning it keeps roughly 22.4% 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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