PT Esta Multi Usaha Tbk primarily (ESTA) Fair Value & Analysis
Consumer Cyclical · ID · Market cap 427B IDR
Fair value as of: Jul 17, 2026
From 2 valuation models · updated 23 days ago
Share price −0.5% over the past month.
Below-average quality, and screening another 85% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (48.45 IDR). The favourable scenario is already priced in.
- Weak quality (22/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The model range is unusually wide (5.38 IDR to 48.45 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.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.
How to read this chart
60‑month range 31.22 IDR – 515.00 IDR · fair‑value band 5.38 IDR – 48.45 IDR · the 182.00 IDR price screens above the 26.91 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.
Analysis
PT Esta Multi Usaha Tbk primarily (ESTA) currently trades at 182.00 IDR, while our model-based Fair Value estimate is 26.91 IDR, implying the stock looks roughly 85.2% overvalued today. The Quality Score stands at 22/100 (below-average quality), in the Consumer Cyclical 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 Esta Multi Usaha Tbk primarily generated revenue of 51.0B IDR at a net margin of -14.9%. Revenue grew 7.6% year over year. It earns a return on equity of -4.2%. Net debt stands at 144B IDR. Fundamentals as of Jul 17, 2026
Our scenario range runs from 5.38 IDR (bear case) to 48.45 IDR (bull case); at 182.00 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 62% below its 52-week high and 214% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside, at -85%, ESTA 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.
All 2 models by family
Widest divergence: Multiples (50.49 IDR) versus Asset-Based (49.95 IDR). Highest evidence: EV/EBITDA (54).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 25 · Market factors (momentum, volatility) 52
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 Esta Multi Usaha Tbk primarily engages in the hospitality business in Indonesia. The company owns and operates a hotel under the name D'esta Hotel 88. It also offers accommodation services, including food and beverage, and two-star hotels. In addition, it engages in purchase, sale, rental, and operation of real estate; as well as vehicle rental.
Full company description
PT Esta Multi Usaha Tbk primarily engages in the hospitality business in Indonesia. The company owns and operates a hotel under the name D'esta Hotel 88. It also offers accommodation services, including food and beverage, and two-star hotels. In addition, it engages in purchase, sale, rental, and operation of real estate; as well as vehicle rental. The company was formerly known as PT Esta Asri Propertindo and changed its name to PT Esta Multi Usaha Tbk in September 2019. PT Esta Multi Usaha Tbk was incorporated in 2011 and is founded in South Tangerang, Indonesia. PT Esta Multi Usaha Tbk operates as a subsidiary of PT Esta Utama Corpora.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
PT Esta Multi Usaha Tbk primarily reported revenue of 50.2B IDR in FY2025 versus 35.6B IDR in FY2021, a compound +9.0%/yr. Reported net income was −8.2B IDR in FY2025.
ESTA screens 85% overvalued. Compare with Marriott International, Inc →
Peer Group
Lodging · 170 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.
Valuation Multiples vs Lodging median · lower = cheaper
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: 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.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Lodging stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Marriott International, Inc MAR | $369.05 | $135.64 | -63% |
| Hilton Worldwide Holdings HLT | $328.48 | $123.67 | -62% |
| InterContinental Hotels Group IHG | $159.87 | $85.18 | -47% |
| Hyatt Hotels Corporation H | $191.00 | $47.69 | -75% |
| H World Group HTHT | $42.67 | $47.55 | +11% |
| Accor SA AC | €47.25 | €39.26 | -17% |
| The Indian Hotels Company INDHOTEL | ₹743.20 | ₹260.68 | -65% |
| Wyndham Hotels & Resorts, Inc WH | $78.54 | $24.02 | -69% |
| Hanjin Kal, 180640 | 113,500 KRW | 36,890 KRW | -67% |
| Jabal Omar Development Company 4250 | 16.00 SAR | 11.64 SAR | -27% |
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Frequently asked questions
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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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