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PT Charoen Pokphand Indonesia Tbk, (CPIN) Fair Value & Analysis

Consumer Defensive · ID · Market cap 51.2T IDR

PC PT Charoen Pokphand Indonesia Tbk, CPIN · JK
Price3,140 IDR
Fair Value5,104 IDR
Upside+62.6%
Quality69/100
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Healthy Growth
Thin margins · 9.2% net margin
Low debt · generates free cash flow
Ranks above peers (12/15)
Moderate moat 63/100
Evidence: High Range 3,216 IDR – 6,405 IDR Share as image

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 28 days ago

Fair value updated Jul 13, 2026, revised from 7,076 IDR to 5,104 IDR (−27.9%) since Jun 25, 2026. Share price +2.6% over the past month.

A solid business, screening 63% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,216 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (3,216 IDR to 6,405 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

6,803 IDR 3,060 IDR Fair Value 5,104 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 3,060 IDR – 6,803 IDR · fair‑value band 3,216 IDR – 6,405 IDR · the 3,140 IDR price screens below the 5,104 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

PT Charoen Pokphand Indonesia Tbk, (CPIN) currently trades at 3,140 IDR, while our model-based Fair Value estimate is 5,104 IDR, implying the stock looks roughly 62.6% undervalued today. The Quality Score stands at 69/100 (solid 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 Charoen Pokphand Indonesia Tbk, generated revenue of 73.0T IDR at a net margin of 9.2%. Revenue grew 12.7% year over year. It earns a return on equity of 19.5%. Net debt stands at 2.2T IDR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 3,216 IDR (bear case) to 6,405 IDR (bull case); at 3,140 IDR, the current price sits below 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 39% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 39% fair-value upside, at 63%, CPIN screens cheaper 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 3,364 IDR 5,894 IDR 10,400 IDR 80
Residual Income 2,364 IDR 3,114 IDR 10,456 IDR 76
Rev-Margin DCF 3,971 IDR 7,007 IDR 10,864 IDR 74
All 24 models by family
DCF Models
FCF DCF 3,365 IDR 6,038 IDR 10,817 IDR 38
Owner Earnings 4,498 IDR 8,098 IDR 14,536 IDR 31
5Y Revenue Exit 3,971 IDR 7,104 IDR 11,365 IDR 39
5Y EBITDA Exit 4,544 IDR 8,270 IDR 12,931 IDR 41
5Y P/E Exit 4,553 IDR 8,287 IDR 12,533 IDR 38
10Y Revenue Exit 3,603 IDR 6,551 IDR 11,069 IDR 36
10Y EBITDA Exit 4,137 IDR 7,419 IDR 12,392 IDR 37
10Y P/E Exit 4,143 IDR 7,431 IDR 12,055 IDR 35
Earnings-Based
Graham-Dodd 2,340 IDR 10,338 IDR 14,154 IDR 54
Lynch FV 2,677 IDR 3,824 IDR 4,971 IDR 50
PEG = 1.0 2,677 IDR 3,824 IDR 4,971 IDR 46
EPV 3,457 IDR 4,049 IDR 4,576 IDR 59
Multiples
P/E Multiple 5,421 IDR 7,228 IDR 9,035 IDR 63
P/S Multiple 4,388 IDR 5,851 IDR 7,314 IDR 58
P/B Multiple 4,388 IDR 5,851 IDR 7,314 IDR 55
EV/EBIT 5,989 IDR 7,952 IDR 9,915 IDR 53
EV/EBITDA 5,507 IDR 7,310 IDR 9,113 IDR 54
EV/Revenue 4,303 IDR 6,104 IDR 7,906 IDR 43
Asset-Based
NCAV (Graham) 1,041 IDR 1,395 IDR 2,082 IDR 50
Growth DCF
Growth DCF 3,364 IDR 5,894 IDR 10,400 IDR 80
Rev-Margin DCF 3,971 IDR 7,007 IDR 10,864 IDR 74
Economic Profit
Residual Income 2,364 IDR 3,114 IDR 10,456 IDR 76
ROIC Compounder 3,908 IDR 5,346 IDR 7,302 IDR 72
Growth Earnings
Growth-Adj P/E 4,401 IDR 6,287 IDR 8,173 IDR 68

Widest divergence: DCF Models (7,419 IDR) versus Asset-Based (1,395 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 73.0T IDR
Revenue growth (YoY) +12.7%
Net margin 9.2%
Return on equity 19.5%
Free cash flow 4.0T IDR FY2025
P/E ratio 7.7
More key figures
Operating margin 17.2%
EPS (TTM) 406.98 IDR
EPS growth (YoY) +67.7%
Net debt 2.2T IDR FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 66 · Market factors (momentum, volatility) 28

Profitability 65
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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 Charoen Pokphand Indonesia Tbk, together with its subsidiaries, produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally. It operates through Feed, Broiler, Day-Old Chicks, Processed Chicken, and Others segments.

Full company description

PT Charoen Pokphand Indonesia Tbk, together with its subsidiaries, produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally. It operates through Feed, Broiler, Day-Old Chicks, Processed Chicken, and Others segments. The company is involved in the broiler breeding; slaughterhouse; non-poultry and poultry meat packing activities; manufacture and preservation of poultry and meat products; and offers frosting of fruits and vegetables; mixed flour and flour dough; food and processed food; cooking spices and seasonings; animal food rations; pharmaceutical product for animals; plastic packaging; and household appliances and equipment. It also engages in the wholesale trading of live-stocks, poultry, and processed chicken; trading of poultry equipment; warehousing and storage; cold storage activities; broiler cultivation; fruit and vegetable drying; soft drink; bottled water; and other beverage industries activities. In addition, the company is involved in pharmaceutical ingredients industry for animals; wholesale of beef and processed beef, chicken meat and processed chicken, and meat and other processed meat; production and distribution chicken feather meal; trade of processed fishery products; wholesale of eggs and egg processed products; and other food and beverages. Additionally, it provides macaroni, noodles, and similar products; bread and cake products; soybeans, other legumes, soy sauce, tempeh, and tofu; corn milling and cleaning; laboratory testing services; and agricultural and forestry machineries, as well as wholesale trade of non-dairy non-alcoholic beverages. The company was formerly known as PT Charoen Pokphand Indonesia Animal Feedmill Co. Limited. The company was founded in 1972 and is headquartered in Jakarta, Indonesia. PT Charoen Pokphand Indonesia Tbk is a subsidiary of PT Charoen Pokphand Indonesia Group.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Charoen Pokphand Indonesia Tbk, reported revenue of 70.7T IDR in FY2025 versus 51.7T IDR in FY2021, a compound +8.1%/yr. Reported net income was 5.6T IDR in FY2025, compounding +11.7%/yr from FY2021.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
70.7T IDR
Latest YoY
+4.8%
Avg. growth/yr (3Y)
+7.5%
Avg. growth/yr (5Y)
+10.7%
Avg. growth/yr (25Y)
+13.7%
Revenue +8.1%/yr
FY21 51.7T IDR
FY22 56.9T IDR
FY23 61.6T IDR
FY24 67.5T IDR
FY25 70.7T IDR
Net income +11.7%/yr
FY21 3.6T IDR
FY22 2.9T IDR
FY23 2.3T IDR
FY24 3.7T IDR
FY25 5.6T IDR

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Cite: Fair Value Calculator (2026). "PT Charoen Pokphand Indonesia Tbk, Fair Value". https://www.fairvalue-calculator.com/stock/CPIN

Peer Group

Farm Products · 291 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 69 · Top 25%
Fair Value upside +63% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 17% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 7.7× · Cheaper than 75% of peers
P/B 1.50× · Pricier than median
P/S (TTM) 0.70× · Pricier than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.6× · Cheaper than median
PEG 0.80× · Cheaper than median

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 100 · sector 26
FUTURE 64 · sector 21
PAST 78 · sector 17
HEALTH 96 · sector 94
DIVIDEND 0 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%
PT Nusantara Sawit Sejahtera Tbk NSSS 700.00 IDR 448.40 IDR -36%

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Frequently asked questions

Is PT Charoen Pokphand Indonesia Tbk, (CPIN) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 5,104 IDR versus a price of 3,140 IDR, about +63% (undervalued).
What is the fair value of CPIN?
Our model-based fair value for PT Charoen Pokphand Indonesia Tbk, is 5,104 IDR (as of Jul 13, 2026), built from audited fundamentals. The current price is 3,140 IDR.
What is the quality score of CPIN?
PT Charoen Pokphand Indonesia Tbk, has a Quality Score of 69/100. 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 Charoen Pokphand Indonesia Tbk, (CPIN)?
PT Charoen Pokphand Indonesia Tbk, reported trailing-twelve-month revenue of about 73.0T IDR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of CPIN?
The net profit margin of PT Charoen Pokphand Indonesia Tbk, is about 9.2%, meaning it keeps roughly 9.2% 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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