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PT Wilmar Cahaya Indonesia Tbk. (CEKA) Fair Value & Analysis

Consumer Defensive · ID · Market cap 1.2T IDR

PW PT Wilmar Cahaya Indonesia Tbk. CEKA · JK
Price2,170 IDR
Fair Value6,272 IDR
Upside+189.0%
Quality49/100
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Evidence: High Range 4,832 IDR – 7,712 IDR

Fair value as of: Jul 15, 2026

From 15 valuation models · updated today

Fair value updated Jul 15, 2026 — revised from 6,868 IDR to 6,272 IDR (−8.7%) since Jun 24, 2026. Share price −3.1% over the past month.

Price vs Fair Value (12 months)

2,860 IDR 2,040 IDR Fair Value 6,272 IDR Jul 2025 Jul 2026

12‑month range 2,040 IDR – 2,860 IDR · fair‑value band 4,832 IDR – 7,712 IDR · the 2,170 IDR price screens below the 6,272 IDR fair value. As of Jul 15, 2026.

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Analysis

PT Wilmar Cahaya Indonesia Tbk. (CEKA) currently trades at 2,170 IDR, while our model-based Fair Value estimate is 6,272 IDR — implying the stock looks roughly 189.0% undervalued today. We read business quality at 49/100 (below-average quality), in the Consumer Defensive 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 Wilmar Cahaya Indonesia Tbk. generated revenue of 9.9T IDR at a net margin of 1.7%. Revenue grew 5.5% year over year. It earns a return on equity of 8.2%. The balance sheet holds a net cash position of 304B IDR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 4,832 IDR (bear case) to 7,712 IDR (bull case); at 2,170 IDR, the current price sits below that range. The share trades about 32% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -17% fair-value upside — at 189%, CEKA screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 9.9T IDR
Revenue growth (YoY) +5.5%
Net margin 1.7%
Return on equity 8.2%
Free cash flow −99.2B IDR FY2025
P/E ratio 7.2
More key figures
Operating margin 3.7%
EPS (TTM) 282.03 IDR
EPS growth (YoY) -27.2%
Net cash 304B IDR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 15, 2026. TTM = trailing twelve months.

About the company

PT Wilmar Cahaya Indonesia Tbk. produces and sells vegetable and specialty oils for the food industry in Indonesia and internationally. The company offers crude palm oil and its derivatives, and illipe nuts and oils; specialty fats, including cocoa butter substitutes, cocoa butter replacers, cocoa butter equivalents, confectionary fats, icing and filling fats, milk fat replacers, ice cream fats, and spread fats; bakery fats comprising margarine products, butter oil substitutes, bakers' fat, and frying and superfry shortening; and cooking oil. It also engages in general trading services comprising import and export; and trading in flour, agricultural and forest products, and daily need goods, as well as operates as a wholesaler, distributor, supplier, retailer, and others. The company was formerly known as PT Cahaya Kalbar Tbk. and changed its name to PT Wilmar Cahaya Indonesia Tbk. in May 2013. The company was founded in 1968 and is headquartered in Bekasi, Indonesia. PT Wilmar …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Wilmar Cahaya Indonesia Tbk. reported revenue of 9.7T IDR in FY2025 versus 5.4T IDR in FY2021, a compound +16.1%/yr. Reported net income was 195B IDR in FY2025, compounding +1.0%/yr from FY2021.

Revenue +16.1%/yr
FY21 5.4T IDR
FY22 6.1T IDR
FY23 6.3T IDR
FY24 8.0T IDR
FY25 9.7T IDR
Net income +1.0%/yr
FY21 187B IDR
FY22 221B IDR
FY23 154B IDR
FY24 325B IDR
FY25 195B IDR

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Cite: Fair Value Calculator (2026). "PT Wilmar Cahaya Indonesia Tbk. Fair Value". https://www.fairvalue-calculator.com/stock/CEKA

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Frequently asked questions

Is PT Wilmar Cahaya Indonesia Tbk. (CEKA) undervalued?
As of Jul 15, 2026, our model estimates a fair value of 6,272 IDR versus a price of 2,170 IDR — about +189% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CEKA?
Our model-based fair value for PT Wilmar Cahaya Indonesia Tbk. is 6,272 IDR (as of Jul 15, 2026), built from audited fundamentals. The current price is 2,170 IDR.
What is the quality score of CEKA?
PT Wilmar Cahaya Indonesia Tbk. has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PT Wilmar Cahaya Indonesia Tbk. (CEKA)?
PT Wilmar Cahaya Indonesia Tbk. reported trailing-twelve-month revenue of about 9.9T IDR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of CEKA?
The net profit margin of PT Wilmar Cahaya Indonesia Tbk. is about 1.7%, meaning it keeps roughly 1.7% 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.

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