EN DE

PT Duta Anggada Realty Tbk. (DART) Fair Value & Analysis

Real Estate · ID · Market cap 374B IDR

PD PT Duta Anggada Realty Tbk. DART · JK
Price140.00 IDR
Fair Value251.64 IDR
Upside+79.7%
Quality45/100
Watch PT Duta Anggada Realty Tbk. for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -49.4% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 24/100
Evidence: High Range 251.64 IDR – 584.56 IDR Share as image

Fair value as of: Jul 14, 2026

From 7 valuation models · updated 27 days ago

Share price +15.7% over the past month.

Below-average quality, screening 80% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (251.64 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (251.64 IDR to 584.56 IDR) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

680.00 IDR 73.00 IDR Fair Value 251.64 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 73.00 IDR – 680.00 IDR · fair‑value band 251.64 IDR – 584.56 IDR · the 140.00 IDR price screens below the 251.64 IDR fair value. Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PT Duta Anggada Realty Tbk. (DART) currently trades at 140.00 IDR, while our model-based Fair Value estimate is 251.64 IDR, implying the stock looks roughly 79.7% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Real Estate 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 Duta Anggada Realty Tbk. generated revenue of 513B IDR at a net margin of -49.4%. Revenue grew 5.5% year over year. It earns a return on equity of -20.4%. Net debt stands at 3.4T IDR. Fundamentals as of Jul 14, 2026

Our scenario range runs from 251.64 IDR (bear case) to 584.56 IDR (bull case); at 140.00 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 42% below its 52-week high and 37% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -13% fair-value upside, at 80%, DART 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 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
Highest evidence
Gordon GGM 287.28 IDR 491.60 IDR 747.06 IDR 70
DDM Multi-Stage 287.28 IDR 429.47 IDR 594.95 IDR 61
EV/EBITDA 164.49 IDR 375.28 IDR 586.08 IDR 54
All 7 models by family
DCF Models
5Y EBITDA Exit 218.09 IDR 534.62 IDR 41
10Y EBITDA Exit 54.87 IDR 329.85 IDR 37
Dividend Discount
Gordon GGM 287.28 IDR 491.60 IDR 747.06 IDR 70
DDM Multi-Stage 287.28 IDR 429.47 IDR 594.95 IDR 61
Multiples
EV/EBIT 98.58 IDR 53
EV/EBITDA 164.49 IDR 375.28 IDR 586.08 IDR 54
Asset-Based
NCAV (Graham) 188.09 IDR 252.04 IDR 376.17 IDR 50

Widest divergence: Dividend Discount (429.47 IDR) versus DCF Models (54.87 IDR). Highest evidence: Gordon GGM (70).

Notify me when DART reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 513B IDR
Revenue growth (YoY) +5.5%
Net margin -49.4%
Return on equity -20.4%
Free cash flow 36.1B IDR FY2025
Operating margin 12.6%
More key figures
EPS (TTM) -81.00 IDR
Net debt 3.4T IDR FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 42 · Market factors (momentum, volatility) 30

Profitability 2
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 5
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 24
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 Duta Anggada Realty Tbk. engages in the real estate development activities in Indonesia. The company develops, sells, rents, and manages residential apartments, office buildings, shopping centres, and hotels. It also provides tourism hospitality services.

Full company description

PT Duta Anggada Realty Tbk. engages in the real estate development activities in Indonesia. The company develops, sells, rents, and manages residential apartments, office buildings, shopping centres, and hotels. It also provides tourism hospitality services. The company was formerly known as PT Duta Anggada Inti Pratama and changed its name to PT Duta Anggada Realty Tbk. in April 1997. PT Duta Anggada Realty Tbk. was founded in 1983 and is headquartered in Jakarta, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Duta Anggada Realty Tbk. reported revenue of 510B IDR in FY2025 versus 291B IDR in FY2021, a compound +15.1%/yr. Reported net income was −260B IDR in FY2025.

Growth Quality 46/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
510B IDR
Latest YoY
−0.3%
Avg. growth/yr (3Y) 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.
+15.6%
Avg. growth/yr (5Y) 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.
+9.5%
Avg. growth/yr (25Y) 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.
+13.4%
Revenue +15.1%/yr
FY21 291B IDR
FY22 330B IDR
FY23 433B IDR
FY24 512B IDR
FY25 510B IDR
Net income
FY21 −411B IDR
FY22 −421B IDR
FY23 −344B IDR
FY24 −297B IDR
FY25 −260B IDR

Watch DART: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "PT Duta Anggada Realty Tbk. Fair Value". https://www.fairvalue-calculator.com/stock/DART

Peer Group

Real Estate Services · 520 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 45 · Below median
Fair Value upside +80% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) -49% · Bottom 25%
Operating margin (TTM) 13% · Below median
Revenue growth 6% · Above median
Debt / equity 1.27× · Higher than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 8.7× · 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 37
FUTURE 28 · sector 10
PAST 0 · sector 16
HEALTH 37 · sector 85
DIVIDEND 0 · 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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.92 HK$34.92 -13%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
WHA Corporation WHAR 5.45 THB 4.14 THB -24%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%

Compare PT Duta Anggada Realty Tbk. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PT Duta Anggada Realty Tbk. (DART) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 251.64 IDR versus a price of 140.00 IDR, about +80% (undervalued).
What is the fair value of DART?
Our model-based fair value for PT Duta Anggada Realty Tbk. is 251.64 IDR (as of Jul 14, 2026), built from audited fundamentals. The current price is 140.00 IDR.
What is the quality score of DART?
PT Duta Anggada Realty Tbk. has a Quality Score of 45/100. 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 Duta Anggada Realty Tbk. (DART)?
PT Duta Anggada Realty Tbk. reported trailing-twelve-month revenue of about 513B IDR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of DART?
The net profit margin of PT Duta Anggada Realty Tbk. is about -49.4%, meaning it is currently running at a net loss. 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.

14 days Pro free · no card

Track PT Duta Anggada Realty Tbk. and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.