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PT Bank Danamon Indonesia Tbk (BDMN) Fair Value & Analysis

Financial Services · ID · Market cap 41.7T IDR

PB PT Bank Danamon Indonesia Tbk BDMN · JK
Price4,450 IDR
Fair Value5,281 IDR
Upside+18.7%
Quality59/100
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Healthy Growth
Highly profitable · 22.1% net margin
Low debt · generates free cash flow
3.37% dividend yield
Ranks above peers (12/15)
Wide moat 65/100
Evidence: High Range 3,961 IDR – 6,602 IDR Share as image

Fair value as of: Jul 18, 2026

From 4 valuation models · updated 23 days ago

Fair value updated Jul 18, 2026, revised from 5,647 IDR to 5,281 IDR (−6.5%) since Jun 26, 2026. Share price +16.8% over the past month.

A solid business, screening 19% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from 3,961 IDR (bear) to 6,602 IDR (bull), base 5,281 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

4,880 IDR 1,647 IDR Fair Value 5,281 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 1,647 IDR – 4,880 IDR · fair‑value band 3,961 IDR – 6,602 IDR · the 4,450 IDR price screens below the 5,281 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

PT Bank Danamon Indonesia Tbk (BDMN) currently trades at 4,450 IDR, while our model-based Fair Value estimate is 5,281 IDR, implying the stock looks roughly 18.7% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Financial Services 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: high), always confirm before acting.

Over the trailing twelve months, PT Bank Danamon Indonesia Tbk generated revenue of 19.3T IDR at a net margin of 22.1%. Revenue grew 15.1% year over year. It earns a return on equity of 8.4%. Net debt stands at 20.1T IDR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 3,961 IDR (bear case) to 6,602 IDR (bull case); at 4,450 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 11% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 19%, BDMN 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 4,612 IDR 4,913 IDR 5,453 IDR 76
P/E Multiple 3,961 IDR 5,281 IDR 6,602 IDR 63
P/B Multiple 5,180 IDR 6,907 IDR 8,633 IDR 55
All 4 models by family
Multiples
P/E Multiple 3,961 IDR 5,281 IDR 6,602 IDR 63
P/B Multiple 5,180 IDR 6,907 IDR 8,633 IDR 55
Asset-Based
NCAV (Graham) 2,776 IDR 3,720 IDR 5,553 IDR 50
Economic Profit
Residual Income 4,612 IDR 4,913 IDR 5,453 IDR 76

Widest divergence: Multiples (5,281 IDR) versus Asset-Based (3,720 IDR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 19.3T IDR
Revenue growth (YoY) +15.1%
Net margin 22.1%
Return on equity 8.4%
Free cash flow 7.1T IDR FY2025
P/E ratio 9.8
More key figures
Operating margin 31.7%
EPS (TTM) 436.39 IDR
Dividend yield 3.4%
EPS growth (YoY) +35.0%
Net debt 20.1T IDR FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 53 · Market factors (momentum, volatility) 77

Profitability 26
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 12
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 90
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 Danamon Indonesia Tbk provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia. It operates through Retail and Wholesale segments. The company offers savings and current accounts; online and time deposits; saving plans; business savings; and debit and credit cards.

Full company description

PT Bank Danamon Indonesia Tbk provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia. It operates through Retail and Wholesale segments. The company offers savings and current accounts; online and time deposits; saving plans; business savings; and debit and credit cards. It also provides personal and mortgage loans, as well as automotive financing; investment products, including bonds, mutual funds, exchange traded fund mutual fund, structured products, foreign exchange, and market insights; and personal, investment related, endowment, health, and general insurance products. In addition, the company offers business financing, such as term installment credit, credit account statement, and term credit; incoming and outgoing collection, open account financing buyer and seller, letter of credit, financing against trust receipt, import LC/SKBDN financing, advise LC/SKBDN, LC/SKBDN negotiation, pre-shipment financing, guarantee, and trade finance form; derivative and economic corner; account, collection, liquidity management, and payment services. Further, it provides Sharia Savings, Savings Nisbah, financing, Deposito iB, Sharia Life Insurance, and cash Waqf payment services; and digital banking. The company was formerly known as Bank Kopra Indonesia and changed its name to PT Bank Danamon Indonesia Tbk in 1976. The company was incorporated in 1956 and is headquartered in Jakarta Selatan, Indonesia. PT Bank Danamon Indonesia Tbk is a subsidiary of MUFG Bank, Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Bank Danamon Indonesia Tbk reported revenue of 33.6T IDR in FY2025 versus 21.3T IDR in FY2021, a compound +12.0%/yr. Reported net income was 4.0T IDR in FY2025, compounding +26.1%/yr from FY2021.

Growth Quality 79/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
33.6T IDR
Latest YoY
+24.9%
Avg. growth/yr (3Y)
+17.2%
Avg. growth/yr (5Y)
+7.1%
Avg. growth/yr (25Y)
+7.7%
Revenue +12.0%/yr
FY21 21.3T IDR
FY22 20.9T IDR
FY23 23.9T IDR
FY24 26.9T IDR
FY25 33.6T IDR
Net income +26.1%/yr
FY21 1.6T IDR
FY22 3.3T IDR
FY23 3.5T IDR
FY24 3.2T IDR
FY25 4.0T IDR

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Cite: Fair Value Calculator (2026). "PT Bank Danamon Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/BDMN

Peer Group

Banks - Regional · 1083 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 58 · Above median
Fair Value upside +19% · Above median
Return on equity (TTM) 8% · Below median
Return on assets 2% · Top 25%
Net margin (TTM) 22% · Below median
Operating margin (TTM) 32% · Below median
Revenue growth 15% · Above median
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.18× · Lower than median

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than median
P/B 0.77× · Cheaper than median
P/S (TTM) 2.16× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 7.3× · Cheaper than median
PEG 0.50× · 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 58 · sector 39
FUTURE 76 · sector 44
PAST 34 · sector 41
HEALTH 91 · sector 85
DIVIDEND 67 · 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 18, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
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%

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Frequently asked questions

Is PT Bank Danamon Indonesia Tbk (BDMN) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 5,281 IDR versus a price of 4,450 IDR, about +19% (undervalued).
What is the fair value of BDMN?
Our model-based fair value for PT Bank Danamon Indonesia Tbk is 5,281 IDR (as of Jul 18, 2026), built from audited fundamentals. The current price is 4,450 IDR.
What is the quality score of BDMN?
PT Bank Danamon Indonesia Tbk 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 Bank Danamon Indonesia Tbk (BDMN)?
PT Bank Danamon Indonesia Tbk reported trailing-twelve-month revenue of about 19.3T IDR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of BDMN?
The net profit margin of PT Bank Danamon Indonesia Tbk is about 22.1%, meaning it keeps roughly 22.1% of revenue as net income. Based on the latest reported figures.
Does PT Bank Danamon Indonesia Tbk pay a dividend?
PT Bank Danamon Indonesia Tbk currently shows a dividend yield of about 3.39% relative to its recent price (as of Jul 18, 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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