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PT Morenzo Abadi Perkasa Tbk (ENZO) Fair Value & Analysis

Consumer Defensive · ID · Market cap 145B IDR

PM PT Morenzo Abadi Perkasa Tbk ENZO · JK
Price79.00 IDR
Fair Value42.72 IDR
Upside-45.9%
Quality48/100
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Weak Growth
Thin margins · 1.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Narrow moat 30/100
Evidence: Low Range 15.55 IDR – 74.73 IDR Share as image

Fair value as of: Jul 11, 2026

From 7 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from 49.17 IDR to 42.72 IDR (−13.1%) since Jun 24, 2026. Share price +17.9% over the past month.

Below-average quality, and screening another 46% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (74.73 IDR). The favourable scenario is already priced in.
  • The model range is unusually wide (15.55 IDR to 74.73 IDR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

113.00 IDR 21.00 IDR Fair Value 42.72 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 21.00 IDR – 113.00 IDR · fair‑value band 15.55 IDR – 74.73 IDR · the 79.00 IDR price screens above the 42.72 IDR fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

PT Morenzo Abadi Perkasa Tbk (ENZO) currently trades at 79.00 IDR, while our model-based Fair Value estimate is 42.72 IDR, implying the stock looks roughly 45.9% overvalued today. The Quality Score stands at 48/100 (below-average 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: low).

Over the trailing twelve months, PT Morenzo Abadi Perkasa Tbk generated revenue of 379B IDR at a net margin of 1.2%. Revenue grew 10.9% year over year. It earns a return on equity of 2.8%. Net debt stands at 184B IDR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 15.55 IDR (bear case) to 74.73 IDR (bull case); at 79.00 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 37% below its 52-week high and 182% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -46%, ENZO 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
ROIC Compounder 65.29 IDR 76.05 IDR 88.17 IDR 72
EPV 65.29 IDR 76.05 IDR 85.46 IDR 59
EV/EBITDA 101.59 IDR 135.21 IDR 168.83 IDR 54
All 7 models by family
DCF Models
Owner Earnings 16.32 IDR 22.41 IDR 33.72 IDR 31
Earnings-Based
EPV 65.29 IDR 76.05 IDR 85.46 IDR 59
Multiples
EV/EBIT 96.76 IDR 128.76 IDR 160.77 IDR 53
EV/EBITDA 101.59 IDR 135.21 IDR 168.83 IDR 54
EV/Revenue 69.27 IDR 98.64 IDR 128.01 IDR 43
Asset-Based
NCAV (Graham) 38.61 IDR 51.73 IDR 77.21 IDR 50
Economic Profit
ROIC Compounder 65.29 IDR 76.05 IDR 88.17 IDR 72

Widest divergence: Multiples (128.76 IDR) versus DCF Models (22.41 IDR). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 379B IDR
Revenue growth (YoY) +10.9%
Net margin 1.2%
Return on equity 2.8%
Free cash flow −31.0B IDR FY2025
P/E ratio 11.2
More key figures
Operating margin 5.0%
EPS (TTM) 4.91 IDR
EPS growth (YoY) +1,185%
Net debt 184B IDR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 46 · Market factors (momentum, volatility) 45

Profitability 25
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 18
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 100
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 Morenzo Abadi Perkasa Tbk engages in the production, processing, and export of frozen and canned seafood products in Indonesia and internationally. It operates through Crab, Tilapia, and Others segments. The company offers pasteurized crab meat, crab and lobster, cuttlefish, octopus, squid, vannamei, anchovies, clam meat, and frozen snail meat.

Full company description

PT Morenzo Abadi Perkasa Tbk engages in the production, processing, and export of frozen and canned seafood products in Indonesia and internationally. It operates through Crab, Tilapia, and Others segments. The company offers pasteurized crab meat, crab and lobster, cuttlefish, octopus, squid, vannamei, anchovies, clam meat, and frozen snail meat. PT Morenzo Abadi Perkasa Tbk was founded in 2013 and is headquartered in Demak, Indonesia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Morenzo Abadi Perkasa Tbk reported revenue of 370B IDR in FY2025 versus 1.1T IDR in FY2021, a compound −24.4%/yr. Reported net income was −541M IDR in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
370B IDR
Latest YoY
−30.5%
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.
−9.6%
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.
−6.4%
Avg. growth/yr (8Y) 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.
+5.1%
Revenue −24.4%/yr
FY21 1.1T IDR
FY22 501B IDR
FY23 511B IDR
FY24 532B IDR
FY25 370B IDR
Net income
FY21 10.2B IDR
FY22 2.1B IDR
FY23 −3.9B IDR
FY24 6.7B IDR
FY25 −541M IDR

ENZO screens 46% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "PT Morenzo Abadi Perkasa Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ENZO

Peer Group

Packaged Foods · 649 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 48 · Below median
Fair Value upside −46% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 3% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 11% · Above median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 13.6× · Cheaper than median
P/B 0.87× · Cheaper than median
P/S (TTM) 0.38× · Cheaper than median
EV/EBITDA 5.4× · 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 0 · sector 28
FUTURE 55 · sector 20
PAST 11 · sector 27
HEALTH 100 · sector 96
DIVIDEND 0 · sector 47

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is PT Morenzo Abadi Perkasa Tbk (ENZO) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 42.72 IDR versus a price of 79.00 IDR, about −46% (overvalued).
What is the fair value of ENZO?
Our model-based fair value for PT Morenzo Abadi Perkasa Tbk is 42.72 IDR (as of Jul 11, 2026), built from audited fundamentals. The current price is 79.00 IDR.
What is the quality score of ENZO?
PT Morenzo Abadi Perkasa Tbk has a Quality Score of 48/100. 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 Morenzo Abadi Perkasa Tbk (ENZO)?
PT Morenzo Abadi Perkasa Tbk reported trailing-twelve-month revenue of about 379B IDR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of ENZO?
The net profit margin of PT Morenzo Abadi Perkasa Tbk is about 1.2%, meaning it keeps roughly 1.2% 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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