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Dua Putra Utama Makmur PT (DPUM) Fair Value & Analysis

Consumer Defensive · ID · Market cap 412B IDR (≈ $41.2M) · ISIN ID1000136203

DP Dua Putra Utama Makmur PT DPUM · JK
Price92.00 IDR
Fair Value9.98 IDR
Upside-89.2%
Quality52/100
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Risks

!Trades 822% ABOVE our fair value of 9.98 IDR
!Mixed Growth (revenue 5y +55.8 %/yr)
!Loss-making · -3.8% net margin
!High debt · generates free cash flow
Mixed Growth (revenue 5y +55.8 %/yr)
Loss-making · -3.8% net margin
High debt · generates free cash flow
Trails peers (1/10)
Narrow moat 22/100
Evidence: Medium Range 9.98 IDR – 15.25 IDR Share as image

Fair value as of: Aug 19, 2026

From 6 valuation models · updated 9 days ago

Share price −4.2% over the past month.

A solid business, but trading 822% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (15.25 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

276.00 IDR 12.00 IDR Fair Value 9.98 IDR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 12.00 IDR – 276.00 IDR · fair‑value band 9.98 IDR – 15.25 IDR · the 92.00 IDR price screens above the 9.98 IDR fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Dua Putra Utama Makmur PT (DPUM) currently trades at 92.00 IDR, while our model-based Fair Value estimate is 9.98 IDR, implying the stock looks roughly 89.2% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Dua Putra Utama Makmur PT generated revenue of 1.2T IDR at a net margin of -3.8%. Revenue declined 33.0% year over year. It earns a return on equity of -11.8%. Net debt stands at 599B IDR. Fundamentals as of Aug 19, 2026

Our scenario range runs from 9.98 IDR (bear case) to 15.25 IDR (bull case); at 92.00 IDR, the current price sits above 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 69% below its 52-week high and 84% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -25% fair-value upside, at -89%, DPUM 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 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
EV/EBITDA 22.25 IDR 54
NCAV (Graham) 44.13 IDR 59.13 IDR 88.25 IDR 50
5Y EBITDA Exit 22.59 IDR 174.18 IDR 41
All 6 models by family
DCF Models
5Y Revenue Exit 31.79 IDR 39
5Y EBITDA Exit 22.59 IDR 174.18 IDR 41
10Y Revenue Exit 13.38 IDR 36
10Y EBITDA Exit 48.99 IDR 258.83 IDR 37
Multiples
EV/EBITDA 22.25 IDR 54
Asset-Based
NCAV (Graham) 44.13 IDR 59.13 IDR 88.25 IDR 50

Widest divergence: Asset-Based (59.13 IDR) versus DCF Models (22.59 IDR). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

P/S ratio 0.36 TTM
EPS (TTM) -10.53 IDR
Net margin -2.1% FY2025
Return on equity -11.8% TTM
Return on assets (EBIT) -2.9% avg 5y
Operating margin 2.1% TTM
More key figures
Growth
Revenue (TTM) 1.2T IDR TTM
Revenue growth (YoY) -33.0% 3y avg +20.3%
EPS growth (YoY) +5.2%
Balance sheet & cash flow
Free cash flow 7.8B IDR FY2025
Net debt 599B IDR FY2025 · ≈ 77.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 49 · Market factors (momentum, volatility) 35

Profitability 21
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 46
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

PT Dua Putra Utama Makmur Tbk engages in the fisheries and trading businesses in Indonesia. The company offers fish products, including banyar fish, pomfret, benggol, bentong, deho, deles, layur, salmon, sero, mackerel, tuna, and others; and ready-to-cook shrimp and squid food processing products in the form of vannamei, pink, white, or other types of …

Full company description

PT Dua Putra Utama Makmur Tbk engages in the fisheries and trading businesses in Indonesia. The company offers fish products, including banyar fish, pomfret, benggol, bentong, deho, deles, layur, salmon, sero, mackerel, tuna, and others; and ready-to-cook shrimp and squid food processing products in the form of vannamei, pink, white, or other types of shrimps. It also provides squid, cuttlefish, and octopus products; and shrimp products, including head on shell on, head less shell on, peel and deveined, and nobashi. In addition, the company exports its products. PT Dua Putra Utama Makmur Tbk was founded in 2012 and is headquartered in Pati, Indonesia. PT Dua Putra Utama Makmur Tbk is a subsidiary of PT. Pandawa Putra Investama.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dua Putra Utama Makmur PT reported revenue of 1.3T IDR in FY2025 versus 174B IDR in FY2021, a compound +64.0%/yr. Reported net income was −27.0B IDR in FY2025.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.3T IDR
Latest YoY
+14.6%
Avg. revenue 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.
+20.3%
Avg. revenue 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.
+55.8%
Avg. revenue growth/yr (13Y) 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.
+93.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +64.0%/yr
FY21 174B IDR
FY22 724B IDR
FY23 920B IDR
FY24 1.1T IDR
FY25 1.3T IDR
Net income
FY21 −79.6B IDR
FY22 −45.7B IDR
FY23 −142B IDR
FY24 −37.1B IDR
FY25 −27.0B IDR

DPUM screens 89% overvalued. Compare with Nestlé S.A →

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Cite: Fair Value Calculator (2026). "Dua Putra Utama Makmur PT Fair Value". https://www.fairvalue-calculator.com/stock/DPUM

Peer Group

Packaged Foods · 675 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 52 · Below median
Fair Value upside −89% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -33% · Bottom 25%
Debt / equity 1.58× · Higher than 75% of peers

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 12.8× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 24
FUTURE0 · sector 20
PAST0 · sector 26
HEALTH21 · sector 96
DIVIDEND0 · sector 51

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.52 CHF 57.26 -27%
Danone S.A BN €64.70 €48.41 -25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 -83%
The Kraft Heinz Company KHC $25.13 $24.59 -2%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 -37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 -61%
General Mills, Inc GIS $40.44 $28.32 -30%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
McCormick & Company MKCV $55.65 $43.29 -22%

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Frequently asked questions

Is Dua Putra Utama Makmur PT (DPUM) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 9.98 IDR versus a price of 92.00 IDR, about −89% (overvalued).
What is the fair value of DPUM?
Our model-based fair value for Dua Putra Utama Makmur PT is 9.98 IDR (as of Aug 19, 2026), built from audited fundamentals. The current price: 92.00 IDR.
What is the quality score of DPUM?
Dua Putra Utama Makmur PT has a Quality Score of 52/100. 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 Dua Putra Utama Makmur PT (DPUM)?
Dua Putra Utama Makmur PT reported trailing-twelve-month revenue of about 1.2T IDR (latest available figure, as of Aug 19, 2026).
What is the net profit margin of DPUM?
The net profit margin of Dua Putra Utama Makmur PT is about -3.8%, 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.

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