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PT Bank Central Asia Tbk (BBCA) Fair Value & Analysis

Financial Services · ID · Market cap 759T IDR

PB PT Bank Central Asia Tbk BBCA · JK
Price6,350 IDR
Fair Value6,087 IDR
Upside-4.1%
Quality61/100
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Healthy Growth
Highly profitable · 53.5% net margin
Low debt · generates free cash flow
5.42% dividend yield
Mixed vs. peers (8/15)
Wide moat 88/100
Evidence: High Range 4,565 IDR – 7,609 IDR Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 26 days ago

Share price +0.8% 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.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

10,029 IDR 4,835 IDR Fair Value 6,087 IDR Feb 2021 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

60‑month range 4,835 IDR – 10,029 IDR · fair‑value band 4,565 IDR – 7,609 IDR · the 6,350 IDR price screens above the 6,087 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

PT Bank Central Asia Tbk (BBCA) currently trades at 6,350 IDR, while our model-based Fair Value estimate is 6,087 IDR, implying the stock looks roughly 4.1% fairly valued today. We read business quality at 61/100 (solid quality), in the Financial Services 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 Bank Central Asia Tbk generated revenue of 109T IDR at a net margin of 53.5%. Revenue grew 2.5% year over year. It earns a return on equity of 23.0%. The balance sheet holds a net cash position of 88.5T IDR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 4,565 IDR (bear case) to 7,609 IDR (bull case); at 6,350 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 27% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 65% fair-value upside, at -4%, BBCA 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
Growth DCF 8,862 IDR 15,072 IDR 26,080 IDR 80
Residual Income 3,214 IDR 4,267 IDR 19,123 IDR 76
Rev-Margin DCF 4,474 IDR 6,041 IDR 7,931 IDR 74
All 24 models by family
DCF Models
FCF DCF 8,855 IDR 15,382 IDR 26,981 IDR 38
Owner Earnings 7,064 IDR 12,150 IDR 21,188 IDR 31
5Y Revenue Exit 4,478 IDR 6,151 IDR 8,232 IDR 39
5Y EBITDA Exit 7,017 IDR 11,290 IDR 16,517 IDR 41
5Y P/E Exit 7,711 IDR 12,695 IDR 18,277 IDR 38
10Y Revenue Exit 5,788 IDR 7,839 IDR 10,625 IDR 36
10Y EBITDA Exit 7,559 IDR 11,652 IDR 17,596 IDR 37
10Y P/E Exit 8,027 IDR 12,695 IDR 19,078 IDR 35
Earnings-Based
Graham-Dodd 3,184 IDR 13,818 IDR 18,895 IDR 54
Lynch FV 3,553 IDR 5,076 IDR 6,599 IDR 50
PEG = 1.0 3,553 IDR 5,076 IDR 6,599 IDR 46
EPV 5,424 IDR 6,251 IDR 6,985 IDR 59
Multiples
P/E Multiple 7,024 IDR 9,365 IDR 11,706 IDR 63
P/S Multiple 1,904 IDR 2,539 IDR 3,173 IDR 58
P/B Multiple 5,154 IDR 6,872 IDR 8,590 IDR 55
EV/EBIT 8,568 IDR 11,178 IDR 13,788 IDR 53
EV/EBITDA 6,664 IDR 8,639 IDR 10,613 IDR 54
EV/Revenue 2,516 IDR 3,278 IDR 4,040 IDR 43
Asset-Based
NCAV (Graham) 1,145 IDR 1,535 IDR 2,291 IDR 50
Growth DCF
Growth DCF 8,862 IDR 15,072 IDR 26,080 IDR 80
Rev-Margin DCF 4,474 IDR 6,041 IDR 7,931 IDR 74
Economic Profit
Residual Income 3,214 IDR 4,267 IDR 19,123 IDR 76
ROIC Compounder 5,986 IDR 7,679 IDR 9,794 IDR 72
Growth Earnings
Growth-Adj P/E 5,749 IDR 8,213 IDR 10,677 IDR 68

Widest divergence: DCF Models (11,652 IDR) versus Asset-Based (1,535 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 109T IDR
Revenue growth (YoY) +2.5%
Net margin 53.5%
Return on equity 23.0%
Free cash flow 75.1T IDR FY2025
P/E ratio 10.3
More key figures
Operating margin 67.6%
EPS (TTM) 470.96 IDR
Dividend yield 6.6%
EPS growth (YoY) +3.7%
Net cash 88.5T IDR FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 57 · Market factors (momentum, volatility) 43

Profitability 45
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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.

About the company

PT Bank Central Asia Tbk provides commercial banking and other financial services. The company offers time deposits, e- deposits, spinning, Dana Lander accounts, customer accounts, gold stage; loans, such as business, investment credit, securities collateral, multipurpose business, trade finance, business place loans; credit cards; and investment, including …

Full company description

PT Bank Central Asia Tbk provides commercial banking and other financial services. The company offers time deposits, e- deposits, spinning, Dana Lander accounts, customer accounts, gold stage; loans, such as business, investment credit, securities collateral, multipurpose business, trade finance, business place loans; credit cards; and investment, including mutual funds, and bond and secondary SBN. The company also provides collection account opening, remittance, trade finance, tresuries and custodians, transaction banking, electronic banking, cash management, bank assurance, credit facilities, bank guarantees, export-import facilities, and foreign exchange facilities. In addition, the company offers investment financing, working capital financing, multipurpose financing, operating leases, and other financing activities; Sharia banking; securities brokerage dealer and underwriter for issuance of securities; general or loss insurance; life insurance; and venture capital services. PT Bank Central Asia Tbk was founded in 1955 and is headquartered in Jakarta, Indonesia. PT Bank Central Asia Tbk is a subsidiary of PT Dwimuria Investama Andalan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Bank Central Asia Tbk reported revenue of 125T IDR in FY2025 versus 80.1T IDR in FY2021, a compound +11.7%/yr. Reported net income was 57.5T IDR in FY2025, compounding +16.3%/yr from FY2021.

Growth Quality 91/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
125T IDR
Latest YoY
+3.6%
Avg. growth/yr (3Y)
+9.3%
Avg. growth/yr (5Y)
+10.2%
Avg. growth/yr (25Y)
+10.1%
Revenue +11.7%/yr
FY21 80.1T IDR
FY22 95.5T IDR
FY23 110T IDR
FY24 120T IDR
FY25 125T IDR
Net income +16.3%/yr
FY21 31.4T IDR
FY22 40.7T IDR
FY23 48.6T IDR
FY24 54.8T IDR
FY25 57.5T IDR

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

Peer Group

Banks - Regional · 1082 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 · Below median
Fair Value upside −4% · Below median
Return on equity (TTM) 23% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 53% · Top 25%
Operating margin (TTM) 68% · Top 25%
Revenue growth 3% · Below median
Dividend yield (TTM) 5.4% · Top 25%

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 13.1× · Pricier than median
P/B 2.70× · Pricier than 75% of peers
P/S (TTM) 6.99× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 9.0× · Cheaper than median
PEG 2.86× · 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 28 · sector 39
FUTURE 13 · sector 44
PAST 92 · sector 41
HEALTH 100 · sector 85
DIVIDEND 100 · sector 49

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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%
Woori Financial Group 316140 31,500 KRW 55,811 KRW +77%

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Frequently asked questions

Is PT Bank Central Asia Tbk (BBCA) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 6,087 IDR versus a price of 6,350 IDR, about −4% (fairly valued).
What is the fair value of BBCA?
Our model-based fair value for PT Bank Central Asia Tbk is 6,087 IDR (as of Jul 12, 2026), built from audited fundamentals. The current price is 6,350 IDR.
What is the quality score of BBCA?
PT Bank Central Asia Tbk has a Quality Score of 61/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of PT Bank Central Asia Tbk (BBCA)?
PT Bank Central Asia Tbk reported trailing-twelve-month revenue of about 109T IDR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of BBCA?
The net profit margin of PT Bank Central Asia Tbk is about 53.5%, meaning it keeps roughly 53.5% of revenue as net income. Based on the latest reported figures.
Does PT Bank Central Asia Tbk pay a dividend?
PT Bank Central Asia Tbk currently shows a dividend yield of about 6.62% relative to its recent price (as of Jul 12, 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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