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PT Asia Pramulia Tbk (ASPR) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 407B IDR

PA PT Asia Pramulia Tbk ASPR · JK
Price156.00 IDR
Fair Value64.49 IDR
Upside-58.7%
Quality41/100
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Expensive Growth
Thin margins · 3.2% net margin
Low debt
0.41% dividend yield
Mixed vs. peers (4/9)
Narrow moat 39/100
Evidence: Medium Range 48.37 IDR – 80.61 IDR Share as image

Fair value as of: Jul 17, 2026

From 6 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 41.92 IDR to 64.49 IDR (+53.8%) since Jun 26, 2026. Share price +7.6% over the past month.

Below-average quality, and screening another 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (80.61 IDR). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (13 months)

533.19 IDR 88.70 IDR Fair Value 64.49 IDR Jul 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 17, 2026.

How to read this chart

13‑month range 88.70 IDR – 533.19 IDR · fair‑value band 48.37 IDR – 80.61 IDR · the 156.00 IDR price screens above the 64.49 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Jul 17, 2026.

Full chart & analysis →

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Analysis

PT Asia Pramulia Tbk (ASPR) currently trades at 156.00 IDR, while our model-based Fair Value estimate is 64.49 IDR, implying the stock looks roughly 58.7% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, PT Asia Pramulia Tbk generated revenue of 267B IDR at a net margin of 3.2%. Revenue grew 27.4% year over year. It earns a return on equity of 7.1%. Fundamentals as of Jul 17, 2026

Our scenario range runs from 48.37 IDR (bear case) to 80.61 IDR (bull case); at 156.00 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 about 75% below its 52-week high and 84% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at -59%, ASPR 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 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. Evidence
Highest evidence
P/E Multiple 31.44 IDR 41.92 IDR 52.40 IDR 63
Residual Income 50.24 IDR 51.11 IDR 49.88 IDR 61
P/B Multiple 41.11 IDR 54.82 IDR 68.52 IDR 55
All 6 models by family
Earnings-Based
Graham-Dodd 21.93 IDR 106.69 IDR 147.00 IDR 54
Lynch FV 28.60 IDR 40.86 IDR 53.11 IDR 50
Multiples
P/E Multiple 31.44 IDR 41.92 IDR 52.40 IDR 63
P/B Multiple 41.11 IDR 54.82 IDR 68.52 IDR 55
Asset-Based
NCAV (Graham) 32.25 IDR 43.22 IDR 64.50 IDR 50
Economic Profit
Residual Income 50.24 IDR 51.11 IDR 49.88 IDR 61

Widest divergence: Economic Profit (51.11 IDR) versus Earnings-Based (40.86 IDR). Highest evidence: P/E Multiple (63).

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Key figures & financial health

Revenue (TTM) 267B IDR
Revenue growth (YoY) +27.4%
Net margin 3.2%
Return on equity 7.1%
Operating margin 7.4%
Dividend yield 0.4%
More key figures
EPS growth (YoY) -33.4%

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 42 · Market factors (momentum, volatility) 39

Profitability 34
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 80
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 Asia Pramulia Tbk engages in the manufacturing of plastic packaging. The company offers horeka packaging, oil packaging, personal care packaging, chemical and lubricant packaging, pet cans, food and biscuit packaging, water gallon and AMDK packaging, paint packaging, and bottle and jar caps, as well as aluminium easy open ends and egg trays.

Full company description

PT Asia Pramulia Tbk engages in the manufacturing of plastic packaging. The company offers horeka packaging, oil packaging, personal care packaging, chemical and lubricant packaging, pet cans, food and biscuit packaging, water gallon and AMDK packaging, paint packaging, and bottle and jar caps, as well as aluminium easy open ends and egg trays. PT Asia Pramulia Tbk was founded in 1991 and is headquartered in Surabaya, Indonesia.

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

Revenue & earnings trend

FY2023 – FY2025 · reported fiscal years

PT Asia Pramulia Tbk reported revenue of 250B IDR in FY2025 versus 232B IDR in FY2023, a compound +3.8%/yr. Reported net income was 8.7B IDR in FY2025, compounding +6.7%/yr from FY2023.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
250B IDR
Latest YoY
+19.5%
Revenue +3.8%/yr
FY23 232B IDR
FY24 209B IDR
FY25 250B IDR
Net income +6.7%/yr
FY23 7.7B IDR
FY24 5.2B IDR
FY25 8.7B IDR

ASPR screens 59% overvalued. Compare with Stora Enso Oyj →

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Cite: Fair Value Calculator (2026). "PT Asia Pramulia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ASPR

Peer Group

Packaging & Containers · 272 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 40 · Bottom 25%
Fair Value upside −59% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 27% · Top 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.26× · Higher than 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.

VALUE 0 · sector 9
FUTURE 100 · sector 1
PAST 29 · sector 21
HEALTH 87 · sector 92
DIVIDEND 8 · sector 42

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

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

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is PT Asia Pramulia Tbk (ASPR) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 64.49 IDR versus a price of 156.00 IDR, about −59% (overvalued).
What is the fair value of ASPR?
Our model-based fair value for PT Asia Pramulia Tbk is 64.49 IDR (as of Jul 17, 2026), built from audited fundamentals. The current price is 156.00 IDR.
What is the quality score of ASPR?
PT Asia Pramulia Tbk has a Quality Score of 41/100. 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 Asia Pramulia Tbk (ASPR)?
PT Asia Pramulia Tbk reported trailing-twelve-month revenue of about 267B IDR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of ASPR?
The net profit margin of PT Asia Pramulia Tbk is about 3.2%, meaning it keeps roughly 3.2% of revenue as net income. Based on the latest reported figures.
Does PT Asia Pramulia Tbk pay a dividend?
PT Asia Pramulia Tbk currently shows a dividend yield of about 0.41% relative to its recent price (as of Jul 17, 2026).

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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