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Bank Yudha Bhakti Tbk (BBYB) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Bank Yudha Bhakti Tbk IDR 297, price IDR 214, upside +38.6%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Financial Services · ID · ISIN ID1000133408

BY Thin data Sep 24, 2026

Bank Yudha Bhakti Tbk

BBYB · JK

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value 296.60 IDR · Undervalued (+39%)
!Quality 58/100
✓Healthy Growth (revenue 5y +48.4 %/yr)
✓Highly profitable · 38.5% net margin (TTM)
✓Low debt · generates free cash flow
✓Ranks above peers (13/14)
✓Wide moat 69/100
!Evidence only low, so the estimate is less certain

What runs behind every stock

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

Price vs Fair Value

2,614 IDR 156.00 IDR Fair Value 296.60 IDR Apr 2021 Sep 2026

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

How to read this chart

60‑month range 156.00 IDR – 2,614 IDR · fair‑value band 265.39 IDR – 418.59 IDR · the 214.00 IDR price screens below the 296.60 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

PT Bank Neo Commerce Tbk provides digital banking products and services in Indonesia.

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PT Bank Neo Commerce Tbk provides digital banking products and services in Indonesia. The company offers individual banking services, including personal and business accounts; regular, NOW, Neo wish, and Neo business savings; WOW and FLEXI time deposits; Neo and micro business loans; transaction services, such as transfer, hematpay, QRIS, virtual accounts, bills and top up, and cardless cash withdrawal services; Neo membership; and gamified experience comprising Neo world, SocialFi, and Neo journal. It also provides wealth management services that consist of mutual funds that include money market, fixed income, balanced, and equity funds; bancassurance products, such as health, life, and general insurance; gold investments; and other branch offerings. In addition, the company offers deposits, including current accounts and regular time deposit; cash management services comprising payroll services and corporate internet banking; API banking services for enterprises and businesses; and lending products, such as financial institution lending, MSME, and commercial/corporate loans, as well as investment and working capital loans. The company was formerly known as PT Bank Yudha Bhakti Tbk and changed its name to PT Bank Neo Commerce in September 2020. PT Bank Neo Commerce Tbk was founded in 1989 and is headquartered in Jakarta Selatan, Indonesia.

Stock analysis

Bank Yudha Bhakti Tbk (BBYB) currently trades at 214.00 IDR, while our model-based Fair Value estimate is 296.60 IDR, implying the stock looks roughly 27.8% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 443.66 IDR per share, and 3 of the 4 models we run sit above the 214.00 IDR price.

Bear case: the Asset-Based group reads lowest at 212.32 IDR, and 1 of the 4 models stay below the price. Evidence for this calculation is low.

Scenario range: 265.39 IDR (bear) to 418.59 IDR (bull), the price of 214.00 IDR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 58/100 (solid quality), in the Financial Services sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Bank Yudha Bhakti Tbk reported revenue of 3.3T IDR in FY2025 versus 791B IDR in FY2021, a compound +42.7%/yr. Reported net income was 566B IDR in FY2025.

Key figures

Market cap 2.9T IDR (≈ $160M) · P/E ratio 5.4 · P/S ratio 0.92 · EPS (TTM) 39.92 IDR · Net margin 17.2% · Return on equity 13.5% · Return on assets (EBIT) −2.6% · Operating margin 39.1%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).

What moves the price

The share trades about 64% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at 39%, BBYB screens cheaper than that median.

Fair Value models

Bear 265.39 IDR Fair Value 296.60 IDR Bull 418.59 IDR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (29.31 IDR per share) are deliberately not added. 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income 273.11 IDR 308.63 IDR 483.28 IDR 70
P/E Multiple 413.13 IDR 550.84 IDR 688.55 IDR 63
P/B Multiple 332.74 IDR 443.66 IDR 554.57 IDR 55
All 4 models by family
Multiples
P/E Multiple 413.13 IDR 550.84 IDR 688.55 IDR 63
P/B Multiple 332.74 IDR 443.66 IDR 554.57 IDR 55
Asset-Based
NCAV (Graham) 158.45 IDR 212.32 IDR 316.90 IDR 54
Economic Profit
Residual Income 273.11 IDR 308.63 IDR 483.28 IDR 70

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Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 24

Profitability 35
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 33
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+69.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+48.4%
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.3%
What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+78.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+78.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.78% vs 18%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 17%
Start year 2020 (pandemic)

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Peer Groupⓘ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.Banks - Regional · 1076 stocks

Beats the industry median on 12/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 59 · Above median
Fair Value upside +39% · Top 25%
Profitability
Return on equity (TTM) 14% · Top 25%
Return on assets 3% · Top 25%
Net margin (TTM) 39% · Top 25%
Operating margin (TTM) 39% · Above median
Growth and dividend
Revenue growth −6% · Bottom 25%

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (TTM) 5.4× · Cheapest 25%
P/B 0.68× · Cheapest 25%
P/S (TTM) 2.03× · Cheapest 25%
P/FCF 0.0× · Cheapest 25%
EV/EBITDA 2.7× · Cheapest 25%
PEG 0.38× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)85 · sector 11
FUTURE (revenue growth)0 · sector 45
PAST (return on equity)54 · sector 41
HEALTH (low debt)100 · sector 85
DIVIDEND (yield)0 · sector 53

Context: sector, industry, market

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 Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
DBS Group D05 77.48 SGD 40.39 SGD −48%
China Merchants Bank Co 3968 HK$51.20 HK$62.32 +22%
UniCredit S.p.A UCG €82.18 €77.62 −6%
Intesa Sanpaolo S.p.A ISP €6.72 €4.04 −40%
Mizuho Financial Group MFG $10.56 $6.79 −36%
BNP Paribas SA BNP €98.43 €105.99 +8%
HDFC Bank Limited HDFCBANK ₹728.90 ₹406.44 −44%
ICICI Bank Limited ICICIBANK ₹1,340 ₹616.16 −54%
The PNC Financial Services Group PNC $224.03 $159.52 −29%
Oversea-Chinese Banking Corporation O39 32.14 SGD 19.80 SGD −38%

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Cite: Fair Value Calculator (2026). "Bank Yudha Bhakti Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BBYB

Frequently asked questions

Is Bank Yudha Bhakti Tbk (BBYB) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 296.60 IDR versus a price of 214.00 IDR, about +39% upside (undervalued).
What is the fair value of BBYB?
Our model-based fair value for Bank Yudha Bhakti Tbk is 296.60 IDR (as of Sep 24, 2026), built from audited fundamentals. The current price: 214.00 IDR.
What is the quality score of BBYB?
Bank Yudha Bhakti Tbk has a Quality Score of 58/100. 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 price target for Bank Yudha Bhakti Tbk (BBYB)?
Our model-based price target is the fair value of 296.60 IDR (as of Sep 24, 2026) from 4 valuation models. Cautious scenario 265.39 IDR, optimistic scenario 418.59 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Bank Yudha Bhakti Tbk stock forecast for 2026?
Our models put fair value at 296.60 IDR, about +39% upside versus a price of 214.00 IDR (undervalued). Cautious scenario 265.39 IDR, optimistic scenario 418.59 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Bank Yudha Bhakti Tbk (BBYB)?
Bank Yudha Bhakti Tbk reported trailing-twelve-month revenue of about 1.4T IDR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Bank Yudha Bhakti Tbk (BBYB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bank Yudha Bhakti Tbk it is 296.60 IDR per share (as of Sep 24, 2026), against a price of 214.00 IDR. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Bank Yudha Bhakti Tbk stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BBYB trades below its calculated fair value: price 214.00 IDR, fair value 296.60 IDR, a gap of about +39% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BBYB?
No. The price is what the market pays today (214.00 IDR); the fair value is what the company's own numbers justify (296.60 IDR). For Bank Yudha Bhakti Tbk the two are 82.60 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Bank Yudha Bhakti Tbk worth?
The market values Bank Yudha Bhakti Tbk at about 2.9T IDR (market capitalisation, as of Sep 24, 2026). Per share that is 214.00 IDR; our models calculate a fair value of 296.60 IDR per share.
What do the bullish and bearish scenarios say about BBYB?
Our models span a range for Bank Yudha Bhakti Tbk: cautious scenario 265.39 IDR, base 296.60 IDR, optimistic 418.59 IDR per share (as of Sep 24, 2026, price 214.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BBYB?
Bank Yudha Bhakti Tbk trades at a price-to-earnings ratio of 5.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 296.60 IDR is built from several models across several years. Other multiples: PEG 0.4, P/B 0.7, P/S 2.0, EV/EBITDA 2.7.
What is the PEG ratio of BBYB?
The PEG ratio of Bank Yudha Bhakti Tbk is 0.38 (P/E divided by earnings growth, as of Sep 24, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Bank Yudha Bhakti Tbk (BBYB)?
Balance-sheet figures for Bank Yudha Bhakti Tbk (as of Sep 24, 2026): return on equity 13.5%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is BBYB from its 52-week high?
Bank Yudha Bhakti Tbk trades at 214.00 IDR, about 64% below its 52-week high of 590.00 IDR and 11% above the low of 192.00 IDR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 296.60 IDR is for.
Which stocks are comparable to Bank Yudha Bhakti Tbk?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Intesa Sanpaolo S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Bank Yudha Bhakti Tbk stock attractive at the current price?
The data as of Sep 24, 2026: price 214.00 IDR, calculated fair value 296.60 IDR (+39%), Quality Score 58/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BBYB calculated?
We run Bank Yudha Bhakti Tbk through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 296.60 IDR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Bank Yudha Bhakti Tbk currently trades 39 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Bank Yudha Bhakti Tbk (BBYB)?
The closing price on Sep 24, 2026 was 214.00 IDR. Our model-based fair value is 296.60 IDR, about +39% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bank Yudha Bhakti Tbk right now?
The price is below even our cautious bear case (265.39 IDR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Bank Yudha Bhakti Tbk (BBYB) come from?
Earnings per share at Bank Yudha Bhakti Tbk grew +8.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +8.4 %, EBIT margin −3.6 %, tax rate +3.4 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Bank Yudha Bhakti Tbk

How large is the market capitalisation of Bank Yudha Bhakti Tbk (BBYB)?
The market capitalisation of Bank Yudha Bhakti Tbk is 2.9T IDR (≈ $160M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Bank Yudha Bhakti Tbk (BBYB)?
The price-to-sales ratio of Bank Yudha Bhakti Tbk is 0.92 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Bank Yudha Bhakti Tbk (BBYB)?
Earnings per share at Bank Yudha Bhakti Tbk are 39.92 IDR (price ÷ EPS = P/E 5.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Bank Yudha Bhakti Tbk (BBYB)?
The net margin of Bank Yudha Bhakti Tbk is 17.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Bank Yudha Bhakti Tbk (BBYB)?
The return on equity (ROE) of Bank Yudha Bhakti Tbk is 13.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Bank Yudha Bhakti Tbk (BBYB)?
On an EBIT basis the return on assets of Bank Yudha Bhakti Tbk is −2.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Bank Yudha Bhakti Tbk (BBYB)?
The operating margin of Bank Yudha Bhakti Tbk is 39.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bank Yudha Bhakti Tbk (BBYB)?
Revenue at Bank Yudha Bhakti Tbk is growing −5.6% versus a year earlier (3y avg +9.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Bank Yudha Bhakti Tbk (BBYB)?
Earnings per share at Bank Yudha Bhakti Tbk are growing −19.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bank Yudha Bhakti Tbk (BBYB) generate?
The free cash flow of Bank Yudha Bhakti Tbk is 2.0T IDR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Bank Yudha Bhakti Tbk (BBYB) hold?
Bank Yudha Bhakti Tbk holds more cash than debt, 858B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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