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PT Multitrend Indo Tbk (BABY) Fair Value & Analysis

Consumer Cyclical · ID · Market cap 491B IDR

PM PT Multitrend Indo Tbk BABY · JK
Price187.00 IDR
Fair Value189.87 IDR
Upside+1.5%
Quality65/100
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Mixed Growth
Thin margins · 0.6% net margin
generates free cash flow
Mixed vs. peers (4/8)
Narrow moat 28/100
Evidence: Medium Range 137.50 IDR – 242.24 IDR Share as image

Fair value as of: Jul 12, 2026

From 11 valuation models · updated 29 days ago

Share price +10.0% 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 137.50 IDR (bear) to 242.24 IDR (bull), base 189.87 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (3 years)

535.00 IDR 81.00 IDR Fair Value 189.87 IDR Sep 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

35‑month range 81.00 IDR – 535.00 IDR · fair‑value band 137.50 IDR – 242.24 IDR · the 187.00 IDR price screens below the 189.87 IDR fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

PT Multitrend Indo Tbk (BABY) currently trades at 187.00 IDR, while our model-based Fair Value estimate is 189.87 IDR, implying the stock looks roughly 1.5% fairly valued today. The Quality Score stands at 65/100 (solid quality), in the Consumer Cyclical 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 Multitrend Indo Tbk generated revenue of 1.1T IDR at a net margin of 0.6%. Revenue grew 14.3% year over year. It earns a return on equity of 1.7%. Net debt stands at 56.0B IDR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 137.50 IDR (bear case) to 242.24 IDR (bull case); at 187.00 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 69% below its 52-week high and 80% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -45% fair-value upside, at 2%, BABY screens cheaper 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
Growth DCF 526.92 IDR 791.56 IDR 1,190 IDR 72
Rev-Margin DCF 425.27 IDR 657.50 IDR 924.74 IDR 67
EV/EBITDA 173.16 IDR 225.53 IDR 277.90 IDR 54
All 11 models by family
DCF Models
FCF DCF 516.22 IDR 812.51 IDR 1,287 IDR 38
Owner Earnings 172.41 IDR 265.04 IDR 413.22 IDR 31
5Y Revenue Exit 425.27 IDR 655.34 IDR 946.33 IDR 39
5Y EBITDA Exit 276.66 IDR 377.55 IDR 489.50 IDR 41
10Y Revenue Exit 440.45 IDR 661.24 IDR 953.38 IDR 36
10Y EBITDA Exit 355.69 IDR 463.99 IDR 596.85 IDR 37
Multiples
EV/EBITDA 173.16 IDR 225.53 IDR 277.90 IDR 54
EV/Revenue 396.68 IDR 559.81 IDR 722.94 IDR 43
Asset-Based
NCAV (Graham) 77.70 IDR 104.11 IDR 155.39 IDR 50
Growth DCF
Growth DCF 526.92 IDR 791.56 IDR 1,190 IDR 72
Rev-Margin DCF 425.27 IDR 657.50 IDR 924.74 IDR 67

Widest divergence: Growth DCF (657.50 IDR) versus Asset-Based (104.11 IDR). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) 1.1T IDR
Revenue growth (YoY) +14.3%
Net margin 0.6%
Return on equity 1.7%
Free cash flow 119B IDR FY2025
Operating margin 3.0%
More key figures
Net debt 56.0B IDR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 66 · Market factors (momentum, volatility) 21

Profitability 44
Margins and returns on capital today
Quality Growth 81
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 46
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 Multitrend Indo Tbk engages in the retail trade of children's clothes and toys in Indonesia. The company is also involved in the retail trading of sports, kids, and lifestyle products; and baby clothing and equipment, sportswear, footwear, and accessories.

Full company description

PT Multitrend Indo Tbk engages in the retail trade of children's clothes and toys in Indonesia. The company is also involved in the retail trading of sports, kids, and lifestyle products; and baby clothing and equipment, sportswear, footwear, and accessories. It sells its products through various brand websites, marketplace stores, a network of retail outlets, and a third-party distribution network. The company offers its products under the Mothercare, Early Learning Centre (ELC), Gingersnaps, The Children's Place, The Entertainer, Wilio, Banz, HEAD, Jazwarez, J&J, MICRO, NUBY, Playgro, TY Brand, YAMATOYA, ZOGGS, PT Actavis Indonesia, Babies & Everything, Beaba, Biolane, Clevamama, Momami, Philips Avent, Pureats, Skiphop, Squishmallows, Sudocrem, Baby Store by Mothercare, and Baby and Me Premium brands. The company was founded in 2004 and is headquartered in Jakarta Pusat, Indonesia. PT Multitrend Indo Tbk operates as a subsidiary of Blooming Years Pte. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Multitrend Indo Tbk reported revenue of 1.1T IDR in FY2025 versus 722B IDR in FY2021, a compound +11.1%/yr. Reported net income was −16.9B IDR in FY2025.

Growth Quality 75/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.1T IDR
Latest YoY
+5.5%
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.
+6.8%
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.
+11.3%
Avg. growth/yr (6Y) 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.
+0.5%
Revenue +11.1%/yr
FY21 722B IDR
FY22 905B IDR
FY23 1.0T IDR
FY24 1.0T IDR
FY25 1.1T IDR
Net income
FY21 −34.5B IDR
FY22 59.7B IDR
FY23 −30.4B IDR
FY24 −83.2B IDR
FY25 −16.9B IDR

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Cite: Fair Value Calculator (2026). "PT Multitrend Indo Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BABY

Peer Group

Apparel Retail · 106 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 65 · Above median
Fair Value upside +2% · Above median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 14% · Above median

Valuation Multiples vs Apparel Retail median · lower = cheaper

P/FCF 0.0× · Cheaper 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 33
FUTURE 72 · sector 18
PAST 7 · sector 36
HEALTH 0 · sector 100
DIVIDEND 0 · sector 44

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 Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A 1ITX €58.44 €23.29 -60%
The TJX Companies, Inc TJX $154.46 $84.95 -45%
Fast Retailing Co 6288 HK$40.00 HK$15.37 -62%
Ross Stores, Inc ROST $233.46 $118.41 -49%
Burlington Stores, Inc BURL $327.72 $147.08 -55%
Trent Limited TRENT ₹2,903 ₹709.49 -76%
lululemon athletica inc., LULU $116.33 $299.63 +158%
Aritzia Inc ATZ C$160.05 C$87.26 -45%
The Gap, Inc GAP $20.35 $37.12 +82%
Urban Outfitters, Inc URBN $72.95 $92.88 +27%

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Frequently asked questions

Is PT Multitrend Indo Tbk (BABY) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 189.87 IDR versus a price of 187.00 IDR, about +2% (fairly valued).
What is the fair value of BABY?
Our model-based fair value for PT Multitrend Indo Tbk is 189.87 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 187.00 IDR.
What is the quality score of BABY?
PT Multitrend Indo Tbk has a Quality Score of 65/100. 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 Multitrend Indo Tbk (BABY)?
PT Multitrend Indo Tbk reported trailing-twelve-month revenue of about 1.1T IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of BABY?
The net profit margin of PT Multitrend Indo Tbk is about 0.6%, meaning it keeps roughly 0.6% 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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