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PT Enseval Putera Megatrading Tbk., (EPMT) Fair Value & Analysis

Healthcare · ID · Market cap 6.3T IDR

PE PT Enseval Putera Megatrading Tbk., EPMT · JK
Price2,370 IDR
Fair Value6,153 IDR
Upside+159.6%
Quality60/100
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Healthy Growth
Thin margins · 2.3% net margin
Low debt · generates free cash flow
Ranks above peers (13/13)
Narrow moat 38/100
Evidence: High Range 3,674 IDR – 7,890 IDR Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 24 days ago

Share price +0.9% over the past month.

A solid business, screening 160% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,674 IDR). The market is more pessimistic than our downside scenario.
  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (3,674 IDR to 7,890 IDR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2,590 IDR 1,446 IDR Fair Value 6,153 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 1,446 IDR – 2,590 IDR · fair‑value band 3,674 IDR – 7,890 IDR · the 2,370 IDR price screens below the 6,153 IDR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

PT Enseval Putera Megatrading Tbk., (EPMT) currently trades at 2,370 IDR, while our model-based Fair Value estimate is 6,153 IDR, implying the stock looks roughly 159.6% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Healthcare 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 Enseval Putera Megatrading Tbk., generated revenue of 33.7T IDR at a net margin of 2.3%. Revenue grew 9.0% year over year. It earns a return on equity of 9.7%. The balance sheet holds a net cash position of 522B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 3,674 IDR (bear case) to 7,890 IDR (bull case); at 2,370 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 4% below its 52-week high and 13% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at 2% fair-value upside, at 160%, EPMT 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 3,104 IDR 5,081 IDR 8,478 IDR 80
Residual Income 2,597 IDR 2,903 IDR 4,575 IDR 76
Rev-Margin DCF 3,373 IDR 5,583 IDR 8,269 IDR 74
All 26 models by family
DCF Models
FCF DCF 3,078 IDR 5,088 IDR 8,510 IDR 38
Owner Earnings 3,822 IDR 6,363 IDR 10,690 IDR 31
5Y Revenue Exit 3,373 IDR 5,627 IDR 8,608 IDR 39
5Y EBITDA Exit 4,010 IDR 6,874 IDR 10,352 IDR 41
5Y P/E Exit 4,126 IDR 7,102 IDR 10,374 IDR 38
10Y Revenue Exit 3,139 IDR 5,244 IDR 8,291 IDR 36
10Y EBITDA Exit 3,674 IDR 6,153 IDR 9,714 IDR 37
10Y P/E Exit 3,752 IDR 6,319 IDR 9,732 IDR 35
Earnings-Based
Graham-Dodd 1,981 IDR 7,584 IDR 10,274 IDR 54
Lynch FV 1,848 IDR 2,640 IDR 3,432 IDR 50
PEG = 1.0 1,848 IDR 2,640 IDR 3,432 IDR 46
EPV 3,075 IDR 3,571 IDR 4,012 IDR 59
Dividend Discount
Gordon GGM 1,723 IDR 3,761 IDR 6,328 IDR 70
DDM Multi-Stage 1,723 IDR 3,081 IDR 3,920 IDR 61
Multiples
P/E Multiple 4,807 IDR 6,410 IDR 8,012 IDR 63
P/S Multiple 3,715 IDR 4,953 IDR 6,191 IDR 58
P/B Multiple 3,715 IDR 4,953 IDR 6,191 IDR 55
EV/EBIT 4,949 IDR 6,511 IDR 8,074 IDR 53
EV/EBITDA 4,881 IDR 6,420 IDR 7,960 IDR 54
EV/Revenue 3,608 IDR 5,041 IDR 6,475 IDR 43
Asset-Based
NCAV (Graham) 1,444 IDR 1,935 IDR 2,888 IDR 50
Growth DCF
Growth DCF 3,104 IDR 5,081 IDR 8,478 IDR 80
Rev-Margin DCF 3,373 IDR 5,583 IDR 8,269 IDR 74
Economic Profit
Residual Income 2,597 IDR 2,903 IDR 4,575 IDR 76
ROIC Compounder 3,153 IDR 4,151 IDR 5,596 IDR 72
Growth Earnings
Growth-Adj P/E 3,450 IDR 4,929 IDR 6,408 IDR 68

Widest divergence: DCF Models (6,153 IDR) versus Asset-Based (1,935 IDR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 33.7T IDR
Revenue growth (YoY) +9.0%
Net margin 2.3%
Return on equity 9.7%
Free cash flow 599B IDR FY2025
P/E ratio 8.0
More key figures
Operating margin 3.9%
EPS (TTM) 286.02 IDR
EPS growth (YoY) -4.8%
Net cash 522B IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 63

Profitability 51
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 56
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 Enseval Putera Megatrading Tbk., together with its subsidiaries, engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other trading products in Indonesia. The company operates through three segments: Pharmaceutical, Consumer Products, and Others.

Full company description

PT Enseval Putera Megatrading Tbk., together with its subsidiaries, engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other trading products in Indonesia. The company operates through three segments: Pharmaceutical, Consumer Products, and Others. It also trades in medical and laboratory equipment and supplies, raw materials for pharmaceutical products, consumable products for hemodialysis therapy, pharmaceutical, medical equipment, and food and beverage; prescription and non-prescription medicines; veterinary products; and operates drug stores, health care clinics, and hemodialysis clinic. In addition, the company provides dental and other equipment; calibration services; distribution and logistics for consumer goods that require cold room temperature handling; transportation and warehousing service using digital platform; information services through web portals and/or digital platforms; healthcare services; end-to-end value added services; and logistic services, including chiller, cool, and ambient rooms, as well as container chiller. Further, it offers EMOS, a business-to-business (B2B) platform that offers pharmaceuticals and consumer health products; and MOSTRANS, an intelligent logistics platform that connects with shippers, transporters, and receivers. The company was formerly known as PT Arya Gupta Cempaka and changed its name to PT Enseval Putera Megatrading Tbk. in August 1993. PT Enseval Putera Megatrading Tbk. was founded in 1973 and is headquartered in Jakarta Timur, Indonesia. PT Enseval Putera Megatrading Tbk. is a subsidiary of PT Kalbe Farma Tbk.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Enseval Putera Megatrading Tbk., reported revenue of 33.0T IDR in FY2025 versus 25.7T IDR in FY2021, a compound +6.4%/yr. Reported net income was 789B IDR in FY2025, compounding −1.8%/yr from FY2021.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
33.0T IDR
Latest YoY
+6.5%
Avg. growth/yr (3Y)
+5.6%
Avg. growth/yr (5Y)
+7.9%
Avg. growth/yr (25Y)
+12.7%
Revenue +6.4%/yr
FY21 25.7T IDR
FY22 28.0T IDR
FY23 28.5T IDR
FY24 31.0T IDR
FY25 33.0T IDR
Net income −1.8%/yr
FY21 848B IDR
FY22 848B IDR
FY23 688B IDR
FY24 742B IDR
FY25 789B IDR

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Cite: Fair Value Calculator (2026). "PT Enseval Putera Megatrading Tbk., Fair Value". https://www.fairvalue-calculator.com/stock/EPMT

Peer Group

Medical Distribution · 81 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 60 · Top 25%
Fair Value upside +160% · Top 25%
Return on equity (TTM) 10% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 2% · Above median
Operating margin (TTM) 4% · Above median
Revenue growth 9% · Top 25%

Valuation Multiples vs Medical Distribution median · lower = cheaper

P/E (TTM) 8.1× · Cheaper than 75% of peers
P/B 0.81× · Cheaper than median
P/S (TTM) 0.19× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.7× · 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 32
FUTURE 45 · sector 14
PAST 39 · sector 21
HEALTH 100 · sector 97
DIVIDEND 0 · sector 53

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 Medical Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
McKesson Corporation MCK $805.96 $819.31 +2%
Cencora, Inc COR $303.44 $175.74 -42%
Cardinal Health, Inc CAH $224.94 $141.77 -37%
Henry Schein, Inc HSIC $87.82 $74.67 -15%
Shanghai Pharmaceuticals Holding 601607 ¥16.70 ¥33.96 +103%
Sinopharm Group 1099 HK$16.74 HK$61.33 +266%
Galenica AG GALE CHF 87.05 CHF 61.79 -29%
Guangzhou Baiyunshan Pharmaceutical Holdings 600332 ¥21.50 ¥28.65 +33%
Jointown Pharmaceutical Group 600998 ¥4.99 ¥9.84 +97%
Asker Healthcare Group ASKER kr 79.45 kr 25.69 -68%

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Frequently asked questions

Is PT Enseval Putera Megatrading Tbk., (EPMT) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 6,153 IDR versus a price of 2,370 IDR, about +160% (undervalued).
What is the fair value of EPMT?
Our model-based fair value for PT Enseval Putera Megatrading Tbk., is 6,153 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 2,370 IDR.
What is the quality score of EPMT?
PT Enseval Putera Megatrading Tbk., has a Quality Score of 60/100. 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 Enseval Putera Megatrading Tbk., (EPMT)?
PT Enseval Putera Megatrading Tbk., reported trailing-twelve-month revenue of about 33.7T IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of EPMT?
The net profit margin of PT Enseval Putera Megatrading Tbk., is about 2.3%, meaning it keeps roughly 2.3% 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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