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PT Cahaya Aero Services Tbk, (CASS) Fair Value & Analysis

Industrials · ID · Market cap 3.5T IDR

PC PT Cahaya Aero Services Tbk, CASS · JK
Price1,745 IDR
Fair Value4,601 IDR
Upside+163.7%
Quality80/100
Evidence: Medium Range 3,451 IDR – 6,310 IDR

Fair value as of: Jun 25, 2026

From 24 valuation models · updated 4 days ago

Share price +4.0% over the past month.

Price vs Fair Value (12 months)

2,842 IDR 1,621 IDR Fair Value 4,601 IDR Jun 2025 Jun 2026

12‑month range 1,621 IDR – 2,842 IDR · fair‑value band 3,451 IDR – 6,310 IDR · the 1,745 IDR price screens below the 4,601 IDR fair value. As of Jun 25, 2026.

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Analysis

PT Cahaya Aero Services Tbk, (CASS) currently trades at 1,745 IDR, while our model-based Fair Value estimate is 4,601 IDR — implying the stock looks roughly 163.7% undervalued today. We read business quality at 80/100 (high quality), in the Industrials 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 Cahaya Aero Services Tbk, generated revenue of 3.3T IDR at a net margin of 13.7%. Revenue grew 7.2% year over year. It earns a return on equity of 39.7%. The balance sheet holds a net cash position of 1.6T IDR. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 3.3T IDR
Revenue growth (YoY) +7.2%
Net margin 13.7%
Return on equity 39.7%
Free cash flow 802B IDR FY2025
P/E ratio 7.8
More key figures
Operating margin 26.6%
EPS (TTM) 216.83 IDR
EPS growth (YoY) -4.3%
Net cash 1.6T IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

PT Cahaya Aero Services Tbk, together with its subsidiaries, provides cargo and ground handling services in Indonesia. The company operates through two segments, Aviation and Non-Aviation. The Aviation segment includes various airport-related a encompasses services, including passenger and baggage handling, aircraft handling, provision and operation of ground support equipment, operation of business lounges and special services, cargo loading and unloading, cargo documentation, cargo transfer and transit handling, cargo storage and special cargo handling, and aircraft maintenance and repair services, as well as in-flight catering services. The Non-Aviation segment provides supporting services outside the scope of airport operational activities, including catering, housekeeping, laundry, gardening, accommodation, and transportation services. In addition, the company engages in trading, agency, representatives, services, transportation, and industrial activities. Further, the company …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Cahaya Aero Services Tbk, reported revenue of 3.3T IDR in FY2025 versus 1.4T IDR in FY2021, a compound +23.3%/yr. Reported net income was 457B IDR in FY2025, compounding +91.9%/yr from FY2021.

Revenue +23.3%/yr
FY21 1.4T IDR
FY22 1.7T IDR
FY23 2.2T IDR
FY24 2.7T IDR
FY25 3.3T IDR
Net income +91.9%/yr
FY21 33.7B IDR
FY22 127B IDR
FY23 209B IDR
FY24 376B IDR
FY25 457B IDR

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Similar stocks

6 more Airports & Air Services stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Aena S.M.E., S.A ANNSF $30.33 $32.73 +8%
Airports of Thailand Public Company AIPUY $18.18 $7.99 -56%
Grupo Aeroportuario del Pacífico, S.A. GAPB 395.16 MXN 393.83 MXN -0%
Aeroports de Paris SA ADP €111.20 €53.90 -52%
Joby Aviation, Inc JOBY $9.86 $6.45 -35%
Flughafen Zürich AG UZAPF $315.31 $149.25 -53%

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Frequently asked questions

Is PT Cahaya Aero Services Tbk, (CASS) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 4,601 IDR versus a price of 1,745 IDR — about +164% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CASS?
Our 21-model fair value for PT Cahaya Aero Services Tbk, is 4,601 IDR (as of Jun 25, 2026), built from audited fundamentals. The current price is 1,745 IDR.
What is the quality score of CASS?
PT Cahaya Aero Services Tbk, has a Quality Score of 80/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Cahaya Aero Services Tbk, (CASS)?
PT Cahaya Aero Services Tbk, reported trailing-twelve-month revenue of about 3.3T IDR (latest available figure, as of Jun 25, 2026).
What is the net profit margin of CASS?
The net profit margin of PT Cahaya Aero Services Tbk, is about 13.7%, meaning it keeps roughly 13.7% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.